NORTHFIELD BANCORP INC (NFBK)
US66611T1088 - Common Stock
Taking everything into account, NFBK scores 3 out of 10 in our fundamental rating. NFBK was compared to 411 industry peers in the Banks industry. NFBK has a bad profitability rating. Also its financial health evaluation is rather negative. NFBK is quite expensive at the moment. It does show a decent growth rate. NFBK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NFBK was profitable.
NFBK had a positive operating cash flow in the past year.
In the past 5 years NFBK has always been profitable.
NFBK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of NFBK (0.67%) is worse than 66.67% of its industry peers.
Looking at the Return On Equity, with a value of 5.39%, NFBK is doing worse than 79.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | 5.39% | ||
| ROIC | N/A |
ROA(3y)1.02%
ROA(5y)0.91%
ROE(3y)7.88%
ROE(5y)6.87%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 27.59%, NFBK is doing good in the industry, outperforming 68.37% of the companies in the same industry.
In the last couple of years the Profit Margin of NFBK has declined.
NFBK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.59% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.75%
PM growth 5Y-3.88%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NFBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
NFBK has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NFBK has been reduced compared to 5 years ago.
Compared to 1 year ago, NFBK has an improved debt to assets ratio.
2.2 Solvency
NFBK has a debt to FCF ratio of 21.23. This is a negative value and a sign of low solvency as NFBK would need 21.23 years to pay back of all of its debts.
With a Debt to FCF ratio value of 21.23, NFBK is not doing good in the industry: 85.40% of the companies in the same industry are doing better.
NFBK has a Debt/Equity ratio of 1.32. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.32, NFBK is doing worse than 86.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | 21.23 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.18%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
NFBK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.85%.
NFBK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.23% yearly.
NFBK shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.88%.
Measured over the past years, NFBK shows a small growth in Revenue. The Revenue has been growing by 2.74% on average per year.
EPS 1Y (TTM)-34.85%
EPS 3Y0.79%
EPS 5Y0.23%
EPS growth Q2Q-38.71%
Revenue 1Y (TTM)-17.88%
Revenue growth 3Y-1.13%
Revenue growth 5Y2.74%
Revenue growth Q2Q-23.53%
3.2 Future
NFBK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.45% yearly.
The Revenue is expected to grow by 6.26% on average over the next years.
EPS Next Y-19.74%
EPS Next 2Y9.45%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-4.83%
Revenue Next 2Y6.26%
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.
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
The Price/Earnings ratio is 9.64, which indicates a very decent valuation of NFBK.
NFBK's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of NFBK to the average of the S&P500 Index (25.20), we can say NFBK is valued rather cheaply.
A Price/Forward Earnings ratio of 12.01 indicates a correct valuation of NFBK.
66.18% of the companies in the same industry are cheaper than NFBK, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NFBK to the average of the S&P500 Index (21.63), we can say NFBK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 12.01 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as NFBK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.5 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)41.16
EPS Next 2Y9.45%
EPS Next 3YN/A
5. Dividend
5.1 Amount
NFBK has a Yearly Dividend Yield of 5.84%, which is a nice return.
In the last 3 months the price of NFBK has falen by -37.72%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
NFBK's Dividend Yield is rather good when compared to the industry average which is at 3.86. NFBK pays more dividend than 88.32% of the companies in the same industry.
NFBK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
5.2 History
The dividend of NFBK has a limited annual growth rate of 5.50%.
NFBK has been paying a dividend for at least 10 years, so it has a reliable track record.
As NFBK did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)5.5%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
NFBK pays out 60.51% of its income as dividend. This is not a sustainable payout ratio.
NFBK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP60.51%
EPS Next 2Y9.45%
EPS Next 3YN/A
NORTHFIELD BANCORP INC
NASDAQ:NFBK (4/25/2024, 7:07:31 PM)
After market: 8.29 0 (0%)8.29
-0.69 (-7.68%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap368.57M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 12.01 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)41.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | 5.39% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 27.59% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-34.85%
EPS 3Y0.79%
EPS 5Y
EPS growth Q2Q
EPS Next Y-19.74%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-17.88%
Revenue growth 3Y-1.13%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y