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. KEY has a bad profitability rating. Also its financial health evaluation is rather negative. KEY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year KEY was profitable.
KEY had a positive operating cash flow in the past year.
KEY had positive earnings in 4 of the past 5 years.
In the past 5 years KEY always reported a positive cash flow from operatings.
1.2 Ratios
KEY's Return On Assets of -0.16% is on the low side compared to the rest of the industry. KEY is outperformed by 91.69% of its industry peers.
With a Return On Equity value of -1.67%, KEY is not doing good in the industry: 92.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.16% | ||
| ROE | -1.67% | ||
| 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.
The number of shares outstanding for KEY has been increased compared to 1 year ago.
KEY has more shares outstanding than it did 5 years ago.
KEY has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of KEY is 23.79, which is on the high side as it means it would take KEY, 23.79 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KEY (23.79) is worse than 83.38% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that KEY is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.78, KEY is not doing good in the industry: 82.37% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 23.79 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.88%
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.
Measured over the past years, KEY shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.16% on average per year.
The Revenue for KEY has decreased by -22.30% in the past year. This is quite bad
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 10.78% yearly.
KEY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.67% yearly.
EPS Next Y27.12%
EPS Next 2Y23.19%
EPS Next 3Y19.77%
EPS Next 5Y10.78%
Revenue Next Year28.39%
Revenue Next 2Y16.86%
Revenue Next 3Y12.13%
Revenue Next 5Y7.67%
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
KEY is valuated correctly with a Price/Earnings ratio of 12.29.
The rest of the industry has a similar Price/Earnings ratio as KEY.
Compared to an average S&P500 Price/Earnings ratio of 24.21, KEY is valued a bit cheaper.
With a Price/Forward Earnings ratio of 8.88, the valuation of KEY can be described as very reasonable.
Based on the Price/Forward Earnings ratio, KEY is valued a bit cheaper than the industry average as 67.51% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 20.44. KEY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.29 | ||
| Fwd PE | 8.88 |
4.2 Price Multiples
KEY's Price/Free Cash Flow ratio is rather expensive when compared to the industry. KEY is more expensive than 80.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.76 | ||
| 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 19.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)N/A
EPS Next 2Y23.19%
EPS Next 3Y19.77%
5. Dividend
5.1 Amount
KEY has a Yearly Dividend Yield of 5.47%, which is a nice return.
Compared to an average industry Dividend Yield of 3.49, KEY pays a better dividend. On top of this KEY pays more dividend than 89.92% 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 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.47% |
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.
Dividend Growth(5Y)2.42%
Div Incr Years0
Div Non Decr Years0
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.
KEY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-304.93%
EPS Next 2Y23.19%
EPS Next 3Y19.77%
15.49
-0.08 (-0.51%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners85.75%
Inst Owner Change-0.89%
Ins Owners0.3%
Ins Owner Change0.17%
Market Cap17.22B
Analysts76.15
Price Target18.34 (18.4%)
Short Float %1.98%
Short Ratio1.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.47% |
Yearly Dividend0.91
Dividend Growth(5Y)2.42%
DP-304.93%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)59.18%
Min EPS beat(2)15.61%
Max EPS beat(2)102.75%
EPS beat(4)3
Avg EPS beat(4)29.45%
Min EPS beat(4)-2.8%
Max EPS beat(4)102.75%
EPS beat(8)5
Avg EPS beat(8)10.63%
EPS beat(12)6
Avg EPS beat(12)3.47%
EPS beat(16)10
Avg EPS beat(16)8.05%
Revenue beat(2)2
Avg Revenue beat(2)13.51%
Min Revenue beat(2)1.31%
Max Revenue beat(2)25.72%
Revenue beat(4)3
Avg Revenue beat(4)6.64%
Min Revenue beat(4)-0.91%
Max Revenue beat(4)25.72%
Revenue beat(8)3
Avg Revenue beat(8)2.09%
Revenue beat(12)3
Avg Revenue beat(12)0.69%
Revenue beat(16)7
Avg Revenue beat(16)1.28%
PT rev (1m)-7.96%
PT rev (3m)-9.63%
EPS NQ rev (1m)-0.9%
EPS NQ rev (3m)-2.93%
EPS NY rev (1m)-1.38%
EPS NY rev (3m)-3.39%
Revenue NQ rev (1m)-0.39%
Revenue NQ rev (3m)2.55%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.29 | ||
| Fwd PE | 8.88 | ||
| P/S | 3.77 | ||
| P/FCF | 28.76 | ||
| P/OCF | 25.94 | ||
| P/B | 0.95 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.26
EY8.13%
EPS(NY)1.75
Fwd EY11.27%
FCF(TTM)0.54
FCFY3.48%
OCF(TTM)0.6
OCFY3.85%
SpS4.11
BVpS16.35
TBVpS13.85
PEG (NY)0.45
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.16% | ||
| ROE | -1.67% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 13.1% |
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 Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 23.79 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 89.04% | ||
| Cap/Sales | 1.42% | ||
| 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
WACC14.88%
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 Y27.12%
EPS Next 2Y23.19%
EPS Next 3Y19.77%
EPS Next 5Y10.78%
Revenue 1Y (TTM)-22.3%
Revenue growth 3Y-14.29%
Revenue growth 5Y-6.4%
Sales Q2Q%15.66%
Revenue Next Year28.39%
Revenue Next 2Y16.86%
Revenue Next 3Y12.13%
Revenue Next 5Y7.67%
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-78.31%
FCF growth 3Y-18.02%
FCF growth 5Y-26.65%
OCF growth 1Y-77.13%
OCF growth 3Y-16.8%
OCF growth 5Y-25.57%