FLUSHING FINANCIAL CORP (FFIC) Stock Fundamental Analysis
NASDAQ:FFIC - Nasdaq - US3438731057 - Common Stock - Currency: USD
Taking everything into account, FFIC scores 3 out of 10 in our fundamental rating. FFIC was compared to 393 industry peers in the Banks industry. FFIC has a bad profitability rating. Also its financial health evaluation is rather negative. FFIC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FFIC had positive earnings in the past year.
FFIC had a positive operating cash flow in the past year.
FFIC had positive earnings in 4 of the past 5 years.
In the past 5 years FFIC always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.50%, FFIC is doing worse than 94.40% of the companies in the same industry.
Looking at the Return On Equity, with a value of -6.38%, FFIC is doing worse than 95.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.5% | ||
| ROE | -6.38% | ||
| ROIC | N/A |
ROA(3y)0.3%
ROA(5y)0.47%
ROE(3y)3.77%
ROE(5y)5.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for FFIC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FFIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, FFIC has more shares outstanding
Compared to 5 years ago, FFIC has more shares outstanding
Compared to 1 year ago, FFIC has an improved debt to assets ratio.
2.2 Solvency
FFIC has a debt to FCF ratio of 10.92. This is a negative value and a sign of low solvency as FFIC would need 10.92 years to pay back of all of its debts.
FFIC has a worse Debt to FCF ratio (10.92) than 79.90% of its industry peers.
FFIC has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
FFIC's Debt to Equity ratio of 0.34 is on the low side compared to the rest of the industry. FFIC is outperformed by 72.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 10.92 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.71%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 104.49% over the past year.
FFIC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.13% yearly.
FFIC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -38.25%.
The Revenue has been decreasing by -6.18% on average over the past years.
EPS 1Y (TTM)104.49%
EPS 3Y-14.82%
EPS 5Y-0.13%
EPS Q2Q%77.78%
Revenue 1Y (TTM)-38.25%
Revenue growth 3Y-20.9%
Revenue growth 5Y-6.18%
Sales Q2Q%35.1%
3.2 Future
Based on estimates for the next years, FFIC will show a decrease in Earnings Per Share. The EPS will decrease by -3.23% on average per year.
FFIC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 24.80% yearly.
EPS Next Y-23.68%
EPS Next 2Y-3.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year45.18%
Revenue Next 2Y24.8%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.81, the valuation of FFIC can be described as very cheap.
Based on the Price/Earnings ratio, FFIC is valued cheaper than 95.42% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.93. FFIC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.43, the valuation of FFIC can be described as very reasonable.
75.32% of the companies in the same industry are more expensive than FFIC, based on the Price/Forward Earnings ratio.
FFIC is valuated cheaply when we compare the Price/Forward Earnings ratio to 37.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 8.43 |
4.2 Price Multiples
FFIC's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. FFIC is more expensive than 72.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.23 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FFIC's earnings are expected to decrease with -3.23% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.23%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.13%, FFIC is a good candidate for dividend investing.
FFIC's Dividend Yield is rather good when compared to the industry average which is at 3.40. FFIC pays more dividend than 96.44% of the companies in the same industry.
FFIC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.13% |
5.2 History
The dividend of FFIC decreases each year by -0.62%.
FFIC has paid a dividend for at least 10 years, which is a reliable track record.
FFIC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.62%
Div Incr Years0
Div Non Decr Years28
5.3 Sustainability
FFIC has negative earnings and hence a negative payout ratio. The dividend may be in danger.
FFIC's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-60.32%
EPS Next 2Y-3.23%
EPS Next 3YN/A
12.39
-0.09 (-0.72%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners72.32%
Inst Owner Change-0.19%
Ins Owners4.33%
Ins Owner Change3.35%
Market Cap418.53M
Analysts76
Price Target14.03 (13.24%)
Short Float %2.13%
Short Ratio2.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.13% |
Yearly Dividend0.83
Dividend Growth(5Y)-0.62%
DP-60.32%
Div Incr Years0
Div Non Decr Years28
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)173.46%
Min EPS beat(2)8.02%
Max EPS beat(2)338.91%
EPS beat(4)3
Avg EPS beat(4)100.87%
Min EPS beat(4)-2.23%
Max EPS beat(4)338.91%
EPS beat(8)6
Avg EPS beat(8)59.88%
EPS beat(12)8
Avg EPS beat(12)36.75%
EPS beat(16)10
Avg EPS beat(16)27.91%
Revenue beat(2)1
Avg Revenue beat(2)-98.48%
Min Revenue beat(2)-199.73%
Max Revenue beat(2)2.78%
Revenue beat(4)2
Avg Revenue beat(4)-48.3%
Min Revenue beat(4)-199.73%
Max Revenue beat(4)6.08%
Revenue beat(8)5
Avg Revenue beat(8)-23.56%
Revenue beat(12)7
Avg Revenue beat(12)-17.12%
Revenue beat(16)7
Avg Revenue beat(16)-14.24%
PT rev (1m)-2.65%
PT rev (3m)-11.29%
EPS NQ rev (1m)-3.15%
EPS NQ rev (3m)-5.17%
EPS NY rev (1m)-2.63%
EPS NY rev (3m)-2.47%
Revenue NQ rev (1m)-0.96%
Revenue NQ rev (3m)1.26%
Revenue NY rev (1m)-0.74%
Revenue NY rev (3m)1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 8.43 | ||
| P/S | 3.05 | ||
| P/FCF | 19.23 | ||
| P/OCF | 16.42 | ||
| P/B | 0.6 | ||
| P/tB | 0.6 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.82
EY14.69%
EPS(NY)1.47
Fwd EY11.87%
FCF(TTM)0.64
FCFY5.2%
OCF(TTM)0.75
OCFY6.09%
SpS4.06
BVpS20.81
TBVpS20.78
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.5% | ||
| ROE | -6.38% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 15.87% |
ROA(3y)0.3%
ROA(5y)0.47%
ROE(3y)3.77%
ROE(5y)5.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 10.92 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 61.62% | ||
| Cap/Sales | 2.72% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC19.71%
ROIC/WACCN/A
Cap/Depr(3y)63.24%
Cap/Depr(5y)56.34%
Cap/Sales(3y)2.1%
Cap/Sales(5y)1.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)104.49%
EPS 3Y-14.82%
EPS 5Y-0.13%
EPS Q2Q%77.78%
EPS Next Y-23.68%
EPS Next 2Y-3.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-38.25%
Revenue growth 3Y-20.9%
Revenue growth 5Y-6.18%
Sales Q2Q%35.1%
Revenue Next Year45.18%
Revenue Next 2Y24.8%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-27.34%
FCF growth 3Y-50.82%
FCF growth 5Y-29.87%
OCF growth 1Y-26.66%
OCF growth 3Y-48.06%
OCF growth 5Y-27.91%