KEYCORP (KEY) Stock Fundamental Analysis
NYSE:KEY - New York Stock Exchange, Inc. - US4932671088 - Common Stock - Currency: USD
Taking everything into account, KEY scores 3 out of 10 in our fundamental rating. KEY was compared to 395 industry peers in the Banks industry. KEY may be in some trouble as it scores bad on both profitability and health. KEY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KEY was profitable.
In the past year KEY had a positive cash flow from operations.
KEY had positive earnings in 4 of the past 5 years.
Each year in the past 5 years KEY had a positive operating cash flow.
1.2 Ratios
The Return On Assets of KEY (-0.06%) is worse than 91.65% of its industry peers.
With a Return On Equity value of -0.62%, KEY is not doing good in the industry: 91.65% of the companies in the same industry are doing better.
| 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
KEY does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
The debt/assets ratio for KEY has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of KEY is 144.53, which is on the high side as it means it would take KEY, 144.53 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 144.53, KEY is not doing good in the industry: 88.61% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.78 indicates that KEY is somewhat dependend on debt financing.
KEY's Debt to Equity ratio of 0.78 is on the low side compared to the rest of the industry. KEY is outperformed by 84.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 144.53 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.38%
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.
The Earnings Per Share has been decreasing by -8.16% on average over the past years.
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
Based on estimates for the next years, KEY will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.93% on average per year.
KEY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.10% yearly.
EPS Next Y25.9%
EPS Next 2Y23.36%
EPS Next 3Y19.44%
EPS Next 5Y11.93%
Revenue Next Year28.46%
Revenue Next 2Y16.97%
Revenue Next 3Y12.33%
Revenue Next 5Y7.1%
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 accelerating.
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 12.83, the valuation of KEY can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as KEY.
The average S&P500 Price/Earnings ratio is at 26.35. KEY is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.23 indicates a reasonable valuation of KEY.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KEY is on the same level as its industry peers.
KEY is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.83 | ||
| Fwd PE | 9.23 |
4.2 Price Multiples
86.84% of the companies in the same industry are cheaper than KEY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 173.63 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
KEY's 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 19.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y23.36%
EPS Next 3Y19.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.12%, KEY is a good candidate for dividend investing.
KEY's Dividend Yield is rather good when compared to the industry average which is at 3.56. KEY pays more dividend than 85.06% of the companies in the same industry.
KEY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.12% |
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
KEY has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of KEY is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-816.1%
EPS Next 2Y23.36%
EPS Next 3Y19.44%
16.16
+0.15 (+0.94%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners89.45%
Inst Owner Change3.62%
Ins Owners0.32%
Ins Owner Change0.17%
Market Cap17.71B
Analysts75
Price Target18.34 (13.49%)
Short Float %2.26%
Short Ratio1.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.12% |
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)1.51%
PT rev (3m)-10.01%
EPS NQ rev (1m)-0.03%
EPS NQ rev (3m)-5.84%
EPS NY rev (1m)0.09%
EPS NY rev (3m)-2.95%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)-0.44%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.83 | ||
| Fwd PE | 9.23 | ||
| P/S | 3.68 | ||
| P/FCF | 173.63 | ||
| P/OCF | 107.34 | ||
| P/B | 0.93 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.26
EY7.8%
EPS(NY)1.75
Fwd EY10.83%
FCF(TTM)0.09
FCFY0.58%
OCF(TTM)0.15
OCFY0.93%
SpS4.39
BVpS17.34
TBVpS14.81
PEG (NY)0.5
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
WACC15.38%
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 Y25.9%
EPS Next 2Y23.36%
EPS Next 3Y19.44%
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 Year28.46%
Revenue Next 2Y16.97%
Revenue Next 3Y12.33%
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%