RAYMOND JAMES FINANCIAL INC (RJF) Stock Fundamental Analysis
USA - NYSE:RJF - US7547301090 - Common Stock
163.11 USD
+2.28 (+1.42%)
163.11 USD
0 (0%)
Overall RJF gets a fundamental rating of 3 out of 10. We evaluated RJF against 237 industry peers in the Capital Markets industry. There are concerns on the financial health of RJF while its profitability can be described as average. RJF has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year RJF was profitable.
RJF had a positive operating cash flow in the past year.
Of the past 5 years RJF 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: RJF reported negative operating cash flow in multiple years.
1.2 Ratios
RJF has a Return On Assets (2.51%) which is in line with its industry peers.
RJF's Return On Equity of 17.33% is amongst the best of the industry. RJF outperforms 83.54% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.89%, RJF is in line with its industry, outperforming 41.35% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for RJF is below the industry average of 7.63%.
The last Return On Invested Capital (2.89%) for RJF is above the 3 year average (2.70%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 17.33% | ||
| ROIC | 2.89% |
ROA(3y)2.18%
ROA(5y)2.11%
ROE(3y)16.81%
ROE(5y)15.79%
ROIC(3y)2.7%
ROIC(5y)2.83%
1.3 Margins
RJF has a Profit Margin (13.51%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of RJF has remained more or less at the same level.
RJF has a Operating Margin (17.70%) which is in line with its industry peers.
RJF's Operating Margin has been stable in the last couple of years.
RJF has a Gross Margin of 85.42%. This is amongst the best in the industry. RJF outperforms 90.30% of its industry peers.
In the last couple of years the Gross Margin of RJF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.7% | ||
| PM (TTM) | 13.51% | ||
| GM | 85.42% |
OM growth 3Y-1.98%
OM growth 5Y0.99%
PM growth 3Y-0.85%
PM growth 5Y1.41%
GM growth 3Y-4.48%
GM growth 5Y-2.34%
2. Health
2.1 Basic Checks
RJF 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
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.
Looking at the Altman-Z score, with a value of 0.06, RJF is doing worse than 74.68% of the companies in the same industry.
The Debt to FCF ratio of RJF is 31.23, which is on the high side as it means it would take RJF, 31.23 years of fcf income to pay off all of its debts.
RJF has a Debt to FCF ratio (31.23) which is in line with its industry peers.
A Debt/Equity ratio of 4.98 is on the high side and indicates that RJF has dependencies on debt financing.
The Debt to Equity ratio of RJF (4.98) is worse than 86.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.98 | ||
| Debt/FCF | 31.23 | ||
| Altman-Z | 0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
RJF has a Current Ratio of 0.26. This is a bad value and indicates that RJF is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.26, RJF is not doing good in the industry: 85.65% of the companies in the same industry are doing better.
A Quick Ratio of 0.26 indicates that RJF may have some problems paying its short term obligations.
The Quick ratio of RJF (0.26) is worse than 85.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.87% over the past year.
Measured over the past years, RJF shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.21% on average per year.
EPS 1Y (TTM)5.87%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%5.42%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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 Y14.39%
EPS Next 2Y13.68%
EPS Next 3Y14.73%
EPS Next 5Y12.71%
Revenue Next Year11.35%
Revenue Next 2Y9.57%
Revenue Next 3Y9.44%
Revenue Next 5Y7.37%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.33, the valuation of RJF can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as RJF.
The average S&P500 Price/Earnings ratio is at 26.06. RJF is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 13.40, which indicates a correct valuation of RJF.
RJF's Price/Forward Earnings ratio is in line with the industry average.
RJF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.33 | ||
| Fwd PE | 13.4 |
4.2 Price Multiples
88.61% of the companies in the same industry are more expensive than RJF, based on the Enterprise Value to EBITDA ratio.
RJF's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RJF is cheaper than 61.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.64 | ||
| EV/EBITDA | 8.81 |
4.3 Compensation for Growth
RJF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
RJF's earnings are expected to grow with 14.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.06
PEG (5Y)0.72
EPS Next 2Y13.68%
EPS Next 3Y14.73%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.24%, RJF has a reasonable but not impressive dividend return.
RJF's Dividend Yield is slightly below the industry average, which is at 8.49.
With a Dividend Yield of 1.24, RJF pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
The dividend of RJF is nicely growing with an annual growth rate of 6.69%!
RJF has been paying a dividend for at least 10 years, so it has a reliable track record.
RJF has decreased its dividend recently.
Dividend Growth(5Y)6.69%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
19.25% of the earnings are spent on dividend by RJF. This is a low number and sustainable payout ratio.
The dividend of RJF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP19.25%
EPS Next 2Y13.68%
EPS Next 3Y14.73%
163.11
+2.28 (+1.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners79.26%
Inst Owner Change-1.74%
Ins Owners0.52%
Ins Owner Change-0.04%
Market Cap32.52B
Revenue(TTM)N/A
Net Income(TTM)2.13B
Analysts70.53
Price Target190.57 (16.84%)
Short Float %3.88%
Short Ratio5.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Yearly Dividend1.86
Dividend Growth(5Y)6.69%
DP19.25%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.13%
Min EPS beat(2)-8.41%
Max EPS beat(2)-1.85%
EPS beat(4)2
Avg EPS beat(4)4.68%
Min EPS beat(4)-8.41%
Max EPS beat(4)21.01%
EPS beat(8)4
Avg EPS beat(8)2.19%
EPS beat(12)5
Avg EPS beat(12)-0.42%
EPS beat(16)7
Avg EPS beat(16)1.47%
Revenue beat(2)0
Avg Revenue beat(2)-0.9%
Min Revenue beat(2)-1.59%
Max Revenue beat(2)-0.21%
Revenue beat(4)2
Avg Revenue beat(4)0.58%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)3.25%
Revenue beat(8)3
Avg Revenue beat(8)-0.35%
Revenue beat(12)5
Avg Revenue beat(12)0.64%
Revenue beat(16)9
Avg Revenue beat(16)1.51%
PT rev (1m)5.18%
PT rev (3m)5.72%
EPS NQ rev (1m)3.93%
EPS NQ rev (3m)4.61%
EPS NY rev (1m)0.83%
EPS NY rev (3m)-0.04%
Revenue NQ rev (1m)0.25%
Revenue NQ rev (3m)0.3%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.33 | ||
| Fwd PE | 13.4 | ||
| P/S | 2.07 | ||
| P/FCF | 16.64 | ||
| P/OCF | 15.14 | ||
| P/B | 2.65 | ||
| P/tB | 3.13 | ||
| EV/EBITDA | 8.81 |
EPS(TTM)10.64
EY6.52%
EPS(NY)12.17
Fwd EY7.46%
FCF(TTM)9.8
FCFY6.01%
OCF(TTM)10.77
OCFY6.6%
SpS78.87
BVpS61.49
TBVpS52.16
PEG (NY)1.06
PEG (5Y)0.72
Graham Number121.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 17.33% | ||
| ROCE | 17.1% | ||
| ROIC | 2.89% | ||
| ROICexc | 3.3% | ||
| ROICexgc | 3.43% | ||
| OM | 17.7% | ||
| PM (TTM) | 13.51% | ||
| GM | 85.42% | ||
| FCFM | 12.43% |
ROA(3y)2.18%
ROA(5y)2.11%
ROE(3y)16.81%
ROE(5y)15.79%
ROIC(3y)2.7%
ROIC(5y)2.83%
ROICexc(3y)3.1%
ROICexc(5y)3.29%
ROICexgc(3y)3.24%
ROICexgc(5y)3.43%
ROCE(3y)16.29%
ROCE(5y)15.56%
ROICexgc growth 3Y-5.07%
ROICexgc growth 5Y-2.05%
ROICexc growth 3Y-5.21%
ROICexc growth 5Y-2.1%
OM growth 3Y-1.98%
OM growth 5Y0.99%
PM growth 3Y-0.85%
PM growth 5Y1.41%
GM growth 3Y-4.48%
GM growth 5Y-2.34%
F-Score8
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.98 | ||
| Debt/FCF | 31.23 | ||
| Debt/EBITDA | 20.52 | ||
| Cap/Depr | 102.11% | ||
| Cap/Sales | 1.23% | ||
| Interest Coverage | 1.44 | ||
| Cash Conversion | 72.23% | ||
| Profit Quality | 91.95% | ||
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 0.06 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)94.04%
Cap/Depr(5y)88.31%
Cap/Sales(3y)1.17%
Cap/Sales(5y)1.15%
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 Y14.39%
EPS Next 2Y13.68%
EPS Next 3Y14.73%
EPS Next 5Y12.71%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.65%
Revenue Next Year11.35%
Revenue Next 2Y9.57%
Revenue Next 3Y9.44%
Revenue Next 5Y7.37%
EBIT growth 1Y8.79%
EBIT growth 3Y12.35%
EBIT growth 5Y14.33%
EBIT Next Year-15.86%
EBIT Next 3Y-0.6%
EBIT Next 5Y4%
FCF growth 1Y122.75%
FCF growth 3Y-33.31%
FCF growth 5Y34.75%
OCF growth 1Y125.43%
OCF growth 3Y-31.3%
OCF growth 5Y30.15%
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 15.33 and the Price/Book (PB) ratio is 2.65.
Is the dividend of RAYMOND JAMES FINANCIAL INC sustainable?
The dividend rating of RAYMOND JAMES FINANCIAL INC (RJF) is 5 / 10 and the dividend payout ratio is 19.25%.