FIRST FINANCIAL NORTHWEST (FFNW)
US32022K1025 - Common Stock
Taking everything into account, FFNW scores 3 out of 10 in our fundamental rating. FFNW was compared to 412 industry peers in the Banks industry. While FFNW seems to be doing ok healthwise, there are quite some concerns on its profitability. FFNW is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FFNW had positive earnings in the past year.
FFNW had a positive operating cash flow in the past year.
FFNW had positive earnings in each of the past 5 years.
In the past 5 years FFNW always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.42%, FFNW is doing worse than 81.80% of the companies in the same industry.
With a Return On Equity value of 3.90%, FFNW is not doing good in the industry: 83.25% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 3.9% | ||
| ROIC | N/A |
ROA(3y)0.72%
ROA(5y)0.71%
ROE(3y)6.62%
ROE(5y)6.39%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 14.55%, FFNW is not doing good in the industry: 80.83% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of FFNW has declined.
The Operating Margin and Gross Margin are not available for FFNW so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 14.55% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-8.52%
PM growth 5Y-15.48%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FFNW does not have a ROIC to compare to the WACC, probably because it is not profitable.
FFNW has more shares outstanding than it did 1 year ago.
FFNW has less shares outstanding than it did 5 years ago.
There is no outstanding debt for FFNW. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
FFNW has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.32%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FFNW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -53.10%.
FFNW shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.93% yearly.
The Revenue for FFNW has decreased by -16.03% in the past year. This is quite bad
The Revenue has been decreasing by -0.34% on average over the past years.
EPS 1Y (TTM)-53.1%
EPS 3Y-8.24%
EPS 5Y-13.93%
EPS growth Q2Q-62.86%
Revenue 1Y (TTM)-16.03%
Revenue growth 3Y-1.2%
Revenue growth 5Y-0.34%
Revenue growth Q2Q-24.71%
3.2 Future
Based on estimates for the next years, FFNW will show a decrease in Earnings Per Share. The EPS will decrease by -9.17% on average per year.
Based on estimates for the next years, FFNW will show a small growth in Revenue. The Revenue will grow by 1.18% on average per year.
EPS Next Y-51.25%
EPS Next 2Y-9.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.44%
Revenue Next 2Y1.18%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
FFNW is valuated quite expensively with a Price/Earnings ratio of 30.25.
Compared to the rest of the industry, the Price/Earnings ratio of FFNW indicates a rather expensive valuation: FFNW more expensive than 89.56% of the companies listed in the same industry.
FFNW is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
FFNW is valuated quite expensively with a Price/Forward Earnings ratio of 62.05.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FFNW indicates a slightly more expensive valuation: FFNW is more expensive than 79.61% of the companies listed in the same industry.
FFNW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 20.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.25 | ||
| Fwd PE | 62.05 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FFNW is valued more expensive than 85.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.48 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as FFNW's earnings are expected to decrease with -9.17% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.17%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.56%, FFNW has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.76, FFNW is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.41, FFNW has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
5.2 History
On average, the dividend of FFNW grows each year by 11.74%, which is quite nice.
FFNW has paid a dividend for at least 10 years, which is a reliable track record.
FFNW has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.74%
Div Incr Years7
Div Non Decr Years10
5.3 Sustainability
FFNW pays out 75.56% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of FFNW has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP75.56%
EPS Next 2Y-9.17%
EPS Next 3YN/A
FIRST FINANCIAL NORTHWEST
NASDAQ:FFNW (5/6/2024, 11:43:43 AM)
20.57
+0.17 (+0.83%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap188.63M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.25 | ||
| Fwd PE | 62.05 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 3.9% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 14.55% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-53.1%
EPS 3Y-8.24%
EPS 5Y
EPS growth Q2Q
EPS Next Y-51.25%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-16.03%
Revenue growth 3Y-1.2%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y