LAKELAND FINANCIAL CORP (LKFN) Stock Fundamental Analysis
USA - NASDAQ:LKFN - US5116561003 - Common Stock
66.71 USD
+2.1 (+3.25%)
66.71 USD
0 (0%)
Taking everything into account, LKFN scores 4 out of 10 in our fundamental rating. LKFN was compared to 392 industry peers in the Banks industry. LKFN has only an average score on both its financial health and profitability. While showing a medium growth rate, LKFN is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year LKFN was profitable.
LKFN had a positive operating cash flow in the past year.
LKFN had positive earnings in each of the past 5 years.
In the past 5 years LKFN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.35%, LKFN belongs to the top of the industry, outperforming 85.97% of the companies in the same industry.
LKFN's Return On Equity of 13.28% is amongst the best of the industry. LKFN outperforms 88.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 13.28% | ||
| ROIC | N/A |
ROA(3y)1.48%
ROA(5y)1.47%
ROE(3y)15.45%
ROE(5y)14.55%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LKFN has a Profit Margin of 36.97%. This is amongst the best in the industry. LKFN outperforms 93.88% of its industry peers.
LKFN's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for LKFN so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 36.97% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.96%
PM growth 5Y-3.25%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
LKFN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for LKFN has been increased compared to 1 year ago.
Compared to 5 years ago, LKFN has more shares outstanding
LKFN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
The Debt to FCF ratio of LKFN is 0.05, which is an excellent value as it means it would take LKFN, only 0.05 years of fcf income to pay off all of its debts.
LKFN has a better Debt to FCF ratio (0.05) than 88.27% of its industry peers.
LKFN has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.01, LKFN belongs to the best of the industry, outperforming 86.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.62%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for LKFN have decreased by -6.38% in the last year.
Measured over the past 5 years, LKFN shows a small growth in Earnings Per Share. The EPS has been growing by 1.44% on average per year.
The Revenue has been growing slightly by 0.74% in the past year.
LKFN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.86% yearly.
EPS 1Y (TTM)-6.38%
EPS 3Y-0.99%
EPS 5Y1.44%
EPS Q2Q%19.54%
Revenue 1Y (TTM)0.74%
Revenue growth 3Y4.4%
Revenue growth 5Y4.86%
Sales Q2Q%-3.45%
3.2 Future
Based on estimates for the next years, LKFN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.26% on average per year.
The Revenue is expected to grow by 6.73% on average over the next years.
EPS Next Y10.13%
EPS Next 2Y8.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.52%
Revenue Next 2Y6.73%
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.
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
With a Price/Earnings ratio of 18.18, LKFN is valued on the expensive side.
75.26% of the companies in the same industry are cheaper than LKFN, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of LKFN to the average of the S&P500 Index (27.41), we can say LKFN is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 15.68, the valuation of LKFN can be described as correct.
Based on the Price/Forward Earnings ratio, LKFN is valued a bit more expensive than 73.72% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of LKFN to the average of the S&P500 Index (22.88), we can say LKFN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.18 | ||
| Fwd PE | 15.68 |
4.2 Price Multiples
65.31% of the companies in the same industry are cheaper than LKFN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.31 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
LKFN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.8
PEG (5Y)12.65
EPS Next 2Y8.26%
EPS Next 3YN/A
5. Dividend
5.1 Amount
LKFN has a Yearly Dividend Yield of 3.04%.
LKFN's Dividend Yield is comparable with the industry average which is at 3.73.
LKFN's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
5.2 History
On average, the dividend of LKFN grows each year by 10.47%, which is quite nice.
LKFN has been paying a dividend for at least 10 years, so it has a reliable track record.
LKFN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.47%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
53.07% of the earnings are spent on dividend by LKFN. This is a bit on the high side, but may be sustainable.
The dividend of LKFN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP53.07%
EPS Next 2Y8.26%
EPS Next 3YN/A
66.71
+2.1 (+3.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners87%
Inst Owner Change0.05%
Ins Owners2.84%
Ins Owner Change0.3%
Market Cap1.70B
Analysts76.36
Price Target72.01 (7.94%)
Short Float %8.74%
Short Ratio13.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
Yearly Dividend1.94
Dividend Growth(5Y)10.47%
DP53.07%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.16%
Min EPS beat(2)-13.77%
Max EPS beat(2)5.44%
EPS beat(4)3
Avg EPS beat(4)-0.99%
Min EPS beat(4)-13.77%
Max EPS beat(4)5.44%
EPS beat(8)7
Avg EPS beat(8)4.28%
EPS beat(12)8
Avg EPS beat(12)-2.19%
EPS beat(16)9
Avg EPS beat(16)-1.89%
Revenue beat(2)0
Avg Revenue beat(2)-2.37%
Min Revenue beat(2)-2.92%
Max Revenue beat(2)-1.82%
Revenue beat(4)0
Avg Revenue beat(4)-2.04%
Min Revenue beat(4)-2.92%
Max Revenue beat(4)-1.21%
Revenue beat(8)2
Avg Revenue beat(8)0.46%
Revenue beat(12)2
Avg Revenue beat(12)-1.32%
Revenue beat(16)2
Avg Revenue beat(16)-1.85%
PT rev (1m)0.57%
PT rev (3m)7.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.2%
EPS NY rev (1m)4.12%
EPS NY rev (3m)4.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.18 | ||
| Fwd PE | 15.68 | ||
| P/S | 6.68 | ||
| P/FCF | 18.31 | ||
| P/OCF | 16.77 | ||
| P/B | 2.4 | ||
| P/tB | 2.42 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.67
EY5.5%
EPS(NY)4.25
Fwd EY6.38%
FCF(TTM)3.64
FCFY5.46%
OCF(TTM)3.98
OCFY5.96%
SpS9.99
BVpS27.81
TBVpS27.61
PEG (NY)1.8
PEG (5Y)12.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 13.28% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 36.97% | ||
| GM | N/A | ||
| FCFM | 36.49% |
ROA(3y)1.48%
ROA(5y)1.47%
ROE(3y)15.45%
ROE(5y)14.55%
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 3Y-4.96%
PM growth 5Y-3.25%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 145.54% | ||
| Cap/Sales | 3.36% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 98.69% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC17.62%
ROIC/WACCN/A
Cap/Depr(3y)107.36%
Cap/Depr(5y)103.75%
Cap/Sales(3y)2.6%
Cap/Sales(5y)2.66%
Profit Quality(3y)124.68%
Profit Quality(5y)116.63%
High Growth Momentum
Growth
EPS 1Y (TTM)-6.38%
EPS 3Y-0.99%
EPS 5Y1.44%
EPS Q2Q%19.54%
EPS Next Y10.13%
EPS Next 2Y8.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.74%
Revenue growth 3Y4.4%
Revenue growth 5Y4.86%
Sales Q2Q%-3.45%
Revenue Next Year8.52%
Revenue Next 2Y6.73%
Revenue Next 3YN/A
Revenue Next 5YN/A
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-14.43%
FCF growth 3Y-4.45%
FCF growth 5Y0.4%
OCF growth 1Y-11.67%
OCF growth 3Y-3.43%
OCF growth 5Y0.49%