KEYCORP (KEY) Stock Fundamental Analysis
NYSE:KEY - New York Stock Exchange, Inc. - US4932671088 - Common Stock - Currency: USD
KEY gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 394 industry peers in the Banks industry. Both the profitability and financial health of KEY have multiple concerns. KEY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
KEY had positive earnings in the past year.
In the past year KEY had a positive cash flow from operations.
Of the past 5 years KEY 4 years were profitable.
In the past 5 years KEY always reported a positive cash flow from operatings.
1.2 Ratios
KEY has a Return On Assets of -0.06%. This is amonst the worse of the industry: KEY underperforms 91.62% of its industry peers.
KEY has a Return On Equity of -0.62%. This is amonst the worse of the industry: KEY underperforms 91.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.06% | ||
| ROE | -0.62% | ||
| ROIC | N/A |
ROA(3y)0.41%
ROA(5y)0.66%
ROE(3y)5.78%
ROE(5y)7.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for KEY 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
KEY does not have a ROIC to compare to the WACC, probably because it is not profitable.
KEY has more shares outstanding than it did 1 year ago.
The number of shares outstanding for KEY has been increased compared to 5 years ago.
Compared to 1 year ago, KEY has an improved debt to assets ratio.
2.2 Solvency
KEY has a debt to FCF ratio of 144.53. This is a negative value and a sign of low solvency as KEY would need 144.53 years to pay back of all of its debts.
KEY has a Debt to FCF ratio of 144.53. This is amonst the worse of the industry: KEY underperforms 88.58% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that KEY is somewhat dependend on debt financing.
KEY has a Debt to Equity ratio of 0.78. This is amonst the worse of the industry: KEY underperforms 84.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 144.53 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.49%
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 22.33% over the past year.
KEY shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.16% yearly.
KEY shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.30%.
The Revenue has been decreasing by -6.40% on average over the past years.
EPS 1Y (TTM)22.33%
EPS 3Y-24.19%
EPS 5Y-8.16%
EPS Q2Q%50%
Revenue 1Y (TTM)-22.3%
Revenue growth 3Y-14.29%
Revenue growth 5Y-6.4%
Sales Q2Q%15.66%
3.2 Future
KEY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.93% yearly.
KEY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.10% yearly.
EPS Next Y26.23%
EPS Next 2Y23.78%
EPS Next 3Y20.73%
EPS Next 5Y11.93%
Revenue Next Year28.65%
Revenue Next 2Y17%
Revenue Next 3Y12.65%
Revenue Next 5Y7.1%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
KEY is valuated correctly with a Price/Earnings ratio of 14.57.
Based on the Price/Earnings ratio, KEY is valued a bit more expensive than 61.17% of the companies in the same industry.
KEY's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.52.
A Price/Forward Earnings ratio of 10.42 indicates a reasonable valuation of KEY.
KEY's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.58, KEY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.57 | ||
| Fwd PE | 10.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KEY indicates a rather expensive valuation: KEY more expensive than 86.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 197.27 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KEY's earnings are expected to grow with 20.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.56
PEG (5Y)N/A
EPS Next 2Y23.78%
EPS Next 3Y20.73%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.43%, KEY is a good candidate for dividend investing.
KEY's Dividend Yield is rather good when compared to the industry average which is at 3.31. KEY pays more dividend than 82.74% of the companies in the same industry.
KEY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.43% |
5.2 History
The dividend of KEY has a limited annual growth rate of 2.42%.
KEY has paid a dividend for at least 10 years, which is a reliable track record.
KEY has decreased its dividend recently.
Dividend Growth(5Y)2.42%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
The earnings of KEY are negative and hence is the payout ratio. KEY will probably not be able to sustain this dividend level.
The dividend of KEY is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-816.1%
EPS Next 2Y23.78%
EPS Next 3Y20.73%
18.36
+0.03 (+0.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners89.45%
Inst Owner Change0%
Ins Owners0.32%
Ins Owner Change0.19%
Market Cap20.12B
Analysts75
Price Target18.34 (-0.11%)
Short Float %2.25%
Short Ratio1.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.43% |
Yearly Dividend0.91
Dividend Growth(5Y)2.42%
DP-816.1%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.35%
Min EPS beat(2)3.09%
Max EPS beat(2)15.61%
EPS beat(4)4
Avg EPS beat(4)30.93%
Min EPS beat(4)2.26%
Max EPS beat(4)102.75%
EPS beat(8)6
Avg EPS beat(8)15%
EPS beat(12)7
Avg EPS beat(12)4.47%
EPS beat(16)10
Avg EPS beat(16)6.61%
Revenue beat(2)2
Avg Revenue beat(2)0.79%
Min Revenue beat(2)0.28%
Max Revenue beat(2)1.31%
Revenue beat(4)3
Avg Revenue beat(4)6.6%
Min Revenue beat(4)-0.91%
Max Revenue beat(4)25.72%
Revenue beat(8)4
Avg Revenue beat(8)2.83%
Revenue beat(12)4
Avg Revenue beat(12)1.03%
Revenue beat(16)7
Avg Revenue beat(16)1.15%
PT rev (1m)1.19%
PT rev (3m)-6.9%
EPS NQ rev (1m)-0.14%
EPS NQ rev (3m)-3.32%
EPS NY rev (1m)0.35%
EPS NY rev (3m)-2.07%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.57 | ||
| Fwd PE | 10.42 | ||
| P/S | 4.18 | ||
| P/FCF | 197.27 | ||
| P/OCF | 121.95 | ||
| P/B | 1.06 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.26
EY6.86%
EPS(NY)1.76
Fwd EY9.6%
FCF(TTM)0.09
FCFY0.51%
OCF(TTM)0.15
OCFY0.82%
SpS4.39
BVpS17.34
TBVpS14.81
PEG (NY)0.56
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.06% | ||
| ROE | -0.62% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 2.12% |
ROA(3y)0.41%
ROA(5y)0.66%
ROE(3y)5.78%
ROE(5y)7.73%
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-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 144.53 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 121.15% | ||
| Cap/Sales | 1.31% | ||
| 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-Score5
WACC14.49%
ROIC/WACCN/A
Cap/Depr(3y)91.28%
Cap/Depr(5y)107.37%
Cap/Sales(3y)1.71%
Cap/Sales(5y)1.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.33%
EPS 3Y-24.19%
EPS 5Y-8.16%
EPS Q2Q%50%
EPS Next Y26.23%
EPS Next 2Y23.78%
EPS Next 3Y20.73%
EPS Next 5Y11.93%
Revenue 1Y (TTM)-22.3%
Revenue growth 3Y-14.29%
Revenue growth 5Y-6.4%
Sales Q2Q%15.66%
Revenue Next Year28.65%
Revenue Next 2Y17%
Revenue Next 3Y12.65%
Revenue Next 5Y7.1%
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-97.57%
FCF growth 3Y-18.02%
FCF growth 5Y-26.65%
OCF growth 1Y-96.17%
OCF growth 3Y-16.8%
OCF growth 5Y-25.57%