KEYCORP (KEY) Stock Fundamental Analysis
NYSE:KEY - New York Stock Exchange, Inc. - US4932671088 - Common Stock - Currency: USD
Overall KEY gets a fundamental rating of 3 out of 10. We evaluated KEY against 397 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
In the past year KEY was profitable.
In the past year KEY had a positive cash flow from operations.
Of the past 5 years KEY 4 years were profitable.
KEY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of KEY (-0.06%) is worse than 91.44% of its industry peers.
With a Return On Equity value of -0.62%, KEY is not doing good in the industry: 91.44% 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
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
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.
KEY has a worse Debt to FCF ratio (144.53) than 88.41% of its industry peers.
KEY has a Debt/Equity ratio of 0.78. This is a neutral value indicating 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 84.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 144.53 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.48%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
KEY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.33%, which is quite impressive.
The Earnings Per Share has been decreasing by -8.16% on average over the past years.
Looking at the last year, KEY shows a very negative growth in Revenue. The Revenue has decreased by -22.30% in the last year.
KEY shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.40% yearly.
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
The Earnings Per Share is expected to grow by 11.93% on average over the next years. This is quite good.
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 14.55, the valuation of KEY can be described as correct.
Based on the Price/Earnings ratio, KEY is valued a bit more expensive than the industry average as 60.45% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of KEY to the average of the S&P500 Index (27.30), we can say KEY is valued slightly cheaper.
With a Price/Forward Earnings ratio of 10.47, the valuation of KEY can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as KEY.
The average S&P500 Price/Forward Earnings ratio is at 21.76. KEY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.55 | ||
| Fwd PE | 10.47 |
4.2 Price Multiples
KEY's Price/Free Cash Flow ratio is rather expensive when compared to the industry. KEY is more expensive than 86.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 196.95 | ||
| 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)0.56
PEG (5Y)N/A
EPS Next 2Y23.36%
EPS Next 3Y19.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.43%, KEY is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.31, KEY pays a better dividend. On top of this KEY pays more dividend than 83.38% of the companies listed 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 been paying a dividend for at least 10 years, so it has 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 2Y23.36%
EPS Next 3Y19.44%
18.33
-0.16 (-0.87%)
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 Cap20.09B
Analysts75
Price Target18.34 (0.05%)
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)1.51%
PT rev (3m)-6.9%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)-5.14%
EPS NY rev (1m)0.09%
EPS NY rev (3m)-2.32%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)-0.66%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.55 | ||
| Fwd PE | 10.47 | ||
| P/S | 4.17 | ||
| P/FCF | 196.95 | ||
| P/OCF | 121.75 | ||
| P/B | 1.06 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.26
EY6.87%
EPS(NY)1.75
Fwd EY9.55%
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
WACC14.48%
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%