RAYMOND JAMES FINANCIAL INC (RJF) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RJF - US7547301090 - Common Stock
165.3 USD
-0.5 (-0.3%)
165.3 USD
0 (0%)
RJF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 235 industry peers in the Capital Markets industry. RJF has a medium profitability rating, but doesn't score so well on its financial health evaluation. RJF has a correct valuation and a medium growth rate. RJF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year RJF was profitable.
In the past year RJF had a positive cash flow from operations.
Each year in the past 5 years RJF has been profitable.
RJF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
RJF's Return On Assets of 2.41% is in line compared to the rest of the industry. RJF outperforms 50.84% of its industry peers.
Looking at the Return On Equity, with a value of 17.01%, RJF belongs to the top of the industry, outperforming 81.51% of the companies in the same industry.
With a Return On Invested Capital value of 2.79%, RJF perfoms like the industry average, outperforming 40.76% of the companies in the same industry.
RJF had an Average Return On Invested Capital over the past 3 years of 2.81%. This is below the industry average of 7.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 17.01% | ||
| ROIC | 2.79% |
ROA(3y)2.37%
ROA(5y)2.24%
ROE(3y)17.19%
ROE(5y)16.89%
ROIC(3y)2.81%
ROIC(5y)2.88%
1.3 Margins
RJF's Profit Margin of 13.37% is in line compared to the rest of the industry. RJF outperforms 48.32% of its industry peers.
RJF's Profit Margin has improved in the last couple of years.
RJF has a Operating Margin (17.41%) which is in line with its industry peers.
RJF's Operating Margin has been stable in the last couple of years.
RJF's Gross Margin of 86.03% is amongst the best of the industry. RJF outperforms 91.18% of its industry peers.
In the last couple of years the Gross Margin of RJF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.41% | ||
| PM (TTM) | 13.37% | ||
| GM | 86.03% |
OM growth 3Y-3.18%
OM growth 5Y1.22%
PM growth 3Y0.21%
PM growth 5Y5.97%
GM growth 3Y-3.22%
GM growth 5Y-2.06%
2. Health
2.1 Basic Checks
RJF has more shares outstanding than it did 1 year ago.
RJF has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, RJF has a worse debt to assets ratio.
2.2 Solvency
RJF has an Altman-Z score of 0.06. This is a bad value and indicates that RJF is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of RJF (0.06) is worse than 73.11% of its industry peers.
The Debt to FCF ratio of RJF is 28.60, which is on the high side as it means it would take RJF, 28.60 years of fcf income to pay off all of its debts.
RJF's Debt to FCF ratio of 28.60 is in line compared to the rest of the industry. RJF outperforms 51.26% of its industry peers.
RJF has a Debt/Equity ratio of 5.14. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 5.14, RJF is not doing good in the industry: 84.87% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.14 | ||
| Debt/FCF | 28.6 | ||
| Altman-Z | 0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.28 indicates that RJF may have some problems paying its short term obligations.
RJF's Current ratio of 0.28 is on the low side compared to the rest of the industry. RJF is outperformed by 83.19% of its industry peers.
A Quick Ratio of 0.28 indicates that RJF may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.28, RJF is doing worse than 83.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.87% over the past year.
RJF shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.21% yearly.
Looking at the last year, RJF shows a small growth in Revenue. The Revenue has grown by 6.63% in the last year.
Measured over the past years, RJF shows a quite strong growth in Revenue. The Revenue has been growing by 14.27% on average per year.
EPS 1Y (TTM)5.87%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%5.42%
Revenue 1Y (TTM)6.63%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%7.65%
3.2 Future
RJF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.71% yearly.
Based on estimates for the next years, RJF will show a small growth in Revenue. The Revenue will grow by 7.37% on average per year.
EPS Next Y14.85%
EPS Next 2Y13.66%
EPS Next 3Y15.21%
EPS Next 5Y12.71%
Revenue Next Year13.07%
Revenue Next 2Y9.64%
Revenue Next 3Y9.01%
Revenue Next 5Y7.37%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
RJF is valuated correctly with a Price/Earnings ratio of 15.54.
The rest of the industry has a similar Price/Earnings ratio as RJF.
When comparing the Price/Earnings ratio of RJF to the average of the S&P500 Index (26.92), we can say RJF is valued slightly cheaper.
The Price/Forward Earnings ratio is 13.53, which indicates a correct valuation of RJF.
The rest of the industry has a similar Price/Forward Earnings ratio as RJF.
The average S&P500 Price/Forward Earnings ratio is at 23.46. RJF is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.54 | ||
| Fwd PE | 13.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RJF is valued cheaply inside the industry as 89.92% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, RJF is valued a bit cheaper than the industry average as 68.07% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.47 | ||
| EV/EBITDA | 8.55 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as RJF's earnings are expected to grow with 15.21% in the coming years.
PEG (NY)1.05
PEG (5Y)0.73
EPS Next 2Y13.66%
EPS Next 3Y15.21%
5. Dividend
5.1 Amount
RJF has a Yearly Dividend Yield of 6.39%, which is a nice return.
RJF's Dividend Yield is comparable with the industry average which is at 6.65.
Compared to an average S&P500 Dividend Yield of 2.00, RJF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.39% |
5.2 History
The dividend of RJF has a limited annual growth rate of 4.25%.
RJF has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of RJF decreased recently.
Dividend Growth(5Y)4.25%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
RJF pays out 19.56% of its income as dividend. This is a sustainable payout ratio.
The dividend of RJF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP19.56%
EPS Next 2Y13.66%
EPS Next 3Y15.21%
165.3
-0.5 (-0.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners79.69%
Inst Owner Change-2%
Ins Owners0.52%
Ins Owner Change0.69%
Market Cap32.51B
Revenue(TTM)15.91B
Net Income(TTM)2.13B
Analysts71.11
Price Target188.19 (13.85%)
Short Float %4.33%
Short Ratio6.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.39% |
Yearly Dividend1.84
Dividend Growth(5Y)4.25%
DP19.56%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.33%
Min EPS beat(2)-8.41%
Max EPS beat(2)9.08%
EPS beat(4)2
Avg EPS beat(4)1.69%
Min EPS beat(4)-8.41%
Max EPS beat(4)9.08%
EPS beat(8)5
Avg EPS beat(8)4.26%
EPS beat(12)5
Avg EPS beat(12)0.09%
EPS beat(16)7
Avg EPS beat(16)0.81%
Revenue beat(2)1
Avg Revenue beat(2)0.8%
Min Revenue beat(2)-0.21%
Max Revenue beat(2)1.8%
Revenue beat(4)2
Avg Revenue beat(4)0.22%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)1.8%
Revenue beat(8)3
Avg Revenue beat(8)-0.22%
Revenue beat(12)5
Avg Revenue beat(12)0.13%
Revenue beat(16)9
Avg Revenue beat(16)1.22%
PT rev (1m)-1.29%
PT rev (3m)4.4%
EPS NQ rev (1m)-1.41%
EPS NQ rev (3m)4.02%
EPS NY rev (1m)0.39%
EPS NY rev (3m)4%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)5.29%
Revenue NY rev (1m)1.54%
Revenue NY rev (3m)4.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.54 | ||
| Fwd PE | 13.53 | ||
| P/S | 2.04 | ||
| P/FCF | 14.47 | ||
| P/OCF | 13.36 | ||
| P/B | 2.6 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 8.55 |
EPS(TTM)10.64
EY6.44%
EPS(NY)12.22
Fwd EY7.39%
FCF(TTM)11.42
FCFY6.91%
OCF(TTM)12.38
OCFY7.49%
SpS80.91
BVpS63.57
TBVpS54.18
PEG (NY)1.05
PEG (5Y)0.73
Graham Number123.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 17.01% | ||
| ROCE | 15.56% | ||
| ROIC | 2.79% | ||
| ROICexc | 3.27% | ||
| ROICexgc | 3.4% | ||
| OM | 17.41% | ||
| PM (TTM) | 13.37% | ||
| GM | 86.03% | ||
| FCFM | 14.12% |
ROA(3y)2.37%
ROA(5y)2.24%
ROE(3y)17.19%
ROE(5y)16.89%
ROIC(3y)2.81%
ROIC(5y)2.88%
ROICexc(3y)3.29%
ROICexc(5y)3.35%
ROICexgc(3y)3.43%
ROICexgc(5y)3.49%
ROCE(3y)16.36%
ROCE(5y)16.18%
ROICexgc growth 3Y4.56%
ROICexgc growth 5Y0.19%
ROICexc growth 3Y4.74%
ROICexc growth 5Y0.2%
OM growth 3Y-3.18%
OM growth 5Y1.22%
PM growth 3Y0.21%
PM growth 5Y5.97%
GM growth 3Y-3.22%
GM growth 5Y-2.06%
F-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.14 | ||
| Debt/FCF | 28.6 | ||
| Debt/EBITDA | 21.66 | ||
| Cap/Depr | 96.41% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | 1.49 | ||
| Cash Conversion | 82.09% | ||
| Profit Quality | 105.6% | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.06 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)105.26%
Cap/Depr(5y)86.75%
Cap/Sales(3y)1.3%
Cap/Sales(5y)1.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.87%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%5.42%
EPS Next Y14.85%
EPS Next 2Y13.66%
EPS Next 3Y15.21%
EPS Next 5Y12.71%
Revenue 1Y (TTM)6.63%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%7.65%
Revenue Next Year13.07%
Revenue Next 2Y9.64%
Revenue Next 3Y9.01%
Revenue Next 5Y7.37%
EBIT growth 1Y2.37%
EBIT growth 3Y8.49%
EBIT growth 5Y15.67%
EBIT Next Year3.77%
EBIT Next 3Y10.11%
EBIT Next 5Y9.01%
FCF growth 1Y15.18%
FCF growth 3YN/A
FCF growth 5Y-10.59%
OCF growth 1Y12.95%
OCF growth 3Y223.34%
OCF growth 5Y-9.7%
RAYMOND JAMES FINANCIAL INC / RJF FAQ
What is the ChartMill fundamental rating of RAYMOND JAMES FINANCIAL INC (RJF) stock?
ChartMill assigns a fundamental rating of 4 / 10 to RJF.
What is the valuation status for RJF stock?
ChartMill assigns a valuation rating of 5 / 10 to RAYMOND JAMES FINANCIAL INC (RJF). This can be considered as Fairly Valued.
Can you provide the profitability details for RAYMOND JAMES FINANCIAL INC?
RAYMOND JAMES FINANCIAL INC (RJF) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for RJF stock?
The Price/Earnings (PE) ratio for RAYMOND JAMES FINANCIAL INC (RJF) is 15.54 and the Price/Book (PB) ratio is 2.6.
Is the dividend of RAYMOND JAMES FINANCIAL INC sustainable?
The dividend rating of RAYMOND JAMES FINANCIAL INC (RJF) is 4 / 10 and the dividend payout ratio is 19.56%.