STIFEL FINANCIAL CORP (SF) Stock Fundamental Analysis
USA - NYSE:SF - US8606301021 - Common Stock
110.2 USD
+1.78 (+1.64%)
110.2 USD
0 (0%)
Overall SF gets a fundamental rating of 4 out of 10. We evaluated SF against 237 industry peers in the Capital Markets industry. While SF is still in line with the averages on profitability rating, there are concerns on its financial health. SF has a correct valuation and a medium growth rate. Finally SF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SF had positive earnings in the past year.
SF had a positive operating cash flow in the past year.
Each year in the past 5 years SF has been profitable.
In the past 5 years SF always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.44%, SF is doing worse than 61.60% of the companies in the same industry.
SF has a Return On Equity of 10.24%. This is comparable to the rest of the industry: SF outperforms 57.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.47%, SF is in line with its industry, outperforming 46.84% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SF is below the industry average of 7.58%.
The last Return On Invested Capital (3.47%) for SF is above the 3 year average (3.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 10.24% | ||
| ROIC | 3.47% |
ROA(3y)1.57%
ROA(5y)1.76%
ROE(3y)11.03%
ROE(5y)12%
ROIC(3y)3.24%
ROIC(5y)2.97%
1.3 Margins
With a Profit Margin value of 9.51%, SF is not doing good in the industry: 61.18% of the companies in the same industry are doing better.
SF's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 27.53%, SF is in line with its industry, outperforming 53.59% of the companies in the same industry.
In the last couple of years the Operating Margin of SF has grown nicely.
SF has a better Gross Margin (98.89%) than 98.31% of its industry peers.
SF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.53% | ||
| PM (TTM) | 9.51% | ||
| GM | 98.89% |
OM growth 3Y11.3%
OM growth 5Y7.74%
PM growth 3Y-10.93%
PM growth 5Y-1%
GM growth 3Y0.06%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
Compared to 1 year ago, SF has more shares outstanding
Compared to 5 years ago, SF has more shares outstanding
SF has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.29, we must say that SF is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SF (-0.29) is worse than 78.48% of its industry peers.
The Debt to FCF ratio of SF is 25.16, which is on the high side as it means it would take SF, 25.16 years of fcf income to pay off all of its debts.
SF's Debt to FCF ratio of 25.16 is in line compared to the rest of the industry. SF outperforms 49.79% of its industry peers.
A Debt/Equity ratio of 5.52 is on the high side and indicates that SF has dependencies on debt financing.
SF has a Debt to Equity ratio of 5.52. This is amonst the worse of the industry: SF underperforms 87.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.52 | ||
| Debt/FCF | 25.16 | ||
| Altman-Z | -0.29 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.10 indicates that SF may have some problems paying its short term obligations.
With a Current ratio value of 0.10, SF is not doing good in the industry: 91.14% of the companies in the same industry are doing better.
A Quick Ratio of 0.10 indicates that SF may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.10, SF is doing worse than 91.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 |
3. Growth
3.1 Past
SF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.61%, which is quite impressive.
SF shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.86% yearly.
SF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.85%.
The Revenue has been growing by 11.11% on average over the past years. This is quite good.
EPS 1Y (TTM)36.61%
EPS 3Y-1.24%
EPS 5Y10.86%
EPS Q2Q%6.87%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y7.56%
Revenue growth 5Y11.11%
Sales Q2Q%5.45%
3.2 Future
The Earnings Per Share is expected to grow by 8.15% on average over the next years. This is quite good.
SF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.89% yearly.
EPS Next Y15.82%
EPS Next 2Y18.91%
EPS Next 3Y16.22%
EPS Next 5Y8.15%
Revenue Next Year8.31%
Revenue Next 2Y10.28%
Revenue Next 3Y9.94%
Revenue Next 5Y4.89%
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 decreasing.
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
SF is valuated correctly with a Price/Earnings ratio of 15.54.
SF's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of SF to the average of the S&P500 Index (27.29), we can say SF is valued slightly cheaper.
A Price/Forward Earnings ratio of 11.43 indicates a reasonable valuation of SF.
62.45% of the companies in the same industry are more expensive than SF, based on the Price/Forward Earnings ratio.
SF's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.54 | ||
| Fwd PE | 11.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SF is valued cheaper than 93.25% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SF is valued a bit cheaper than 73.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.17 | ||
| EV/EBITDA | 5.68 |
4.3 Compensation for Growth
SF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SF's earnings are expected to grow with 16.22% in the coming years.
PEG (NY)0.98
PEG (5Y)1.43
EPS Next 2Y18.91%
EPS Next 3Y16.22%
5. Dividend
5.1 Amount
SF has a Yearly Dividend Yield of 6.15%, which is a nice return.
SF's Dividend Yield is comparable with the industry average which is at 8.24.
Compared to an average S&P500 Dividend Yield of 2.38, SF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.15% |
5.2 History
The dividend of SF is nicely growing with an annual growth rate of 26.83%!
SF has been paying a dividend for at least 10 years, so it has a reliable track record.
SF has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)26.83%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
42.13% of the earnings are spent on dividend by SF. This is a bit on the high side, but may be sustainable.
The dividend of SF is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.13%
EPS Next 2Y18.91%
EPS Next 3Y16.22%
110.2
+1.78 (+1.64%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners89.51%
Inst Owner Change0.36%
Ins Owners3.15%
Ins Owner Change-4.57%
Market Cap11.26B
Analysts78.75
Price Target128.52 (16.62%)
Short Float %3.18%
Short Ratio4.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.15% |
Yearly Dividend2.24
Dividend Growth(5Y)26.83%
DP42.13%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.05%
Min EPS beat(2)-2.78%
Max EPS beat(2)2.88%
EPS beat(4)2
Avg EPS beat(4)0%
Min EPS beat(4)-9.13%
Max EPS beat(4)9.03%
EPS beat(8)4
Avg EPS beat(8)-5.53%
EPS beat(12)4
Avg EPS beat(12)-6.94%
EPS beat(16)6
Avg EPS beat(16)-4.95%
Revenue beat(2)1
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-4.53%
Max Revenue beat(2)0.89%
Revenue beat(4)2
Avg Revenue beat(4)-0.41%
Min Revenue beat(4)-4.53%
Max Revenue beat(4)2.84%
Revenue beat(8)3
Avg Revenue beat(8)-0.58%
Revenue beat(12)5
Avg Revenue beat(12)0.41%
Revenue beat(16)7
Avg Revenue beat(16)-0.06%
PT rev (1m)0%
PT rev (3m)19.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.51%
EPS NY rev (1m)0%
EPS NY rev (3m)19.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.1%
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)2.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.54 | ||
| Fwd PE | 11.43 | ||
| P/S | 1.87 | ||
| P/FCF | 9.17 | ||
| P/OCF | 8.73 | ||
| P/B | 2.01 | ||
| P/tB | 2.81 | ||
| EV/EBITDA | 5.68 |
EPS(TTM)7.09
EY6.43%
EPS(NY)9.64
Fwd EY8.75%
FCF(TTM)12.02
FCFY10.9%
OCF(TTM)12.62
OCFY11.45%
SpS59.01
BVpS54.78
TBVpS39.18
PEG (NY)0.98
PEG (5Y)1.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 10.24% | ||
| ROCE | 26.45% | ||
| ROIC | 3.47% | ||
| ROICexc | 3.66% | ||
| ROICexgc | 3.99% | ||
| OM | 27.53% | ||
| PM (TTM) | 9.51% | ||
| GM | 98.89% | ||
| FCFM | 20.36% |
ROA(3y)1.57%
ROA(5y)1.76%
ROE(3y)11.03%
ROE(5y)12%
ROIC(3y)3.24%
ROIC(5y)2.97%
ROICexc(3y)3.52%
ROICexc(5y)3.22%
ROICexgc(3y)3.83%
ROICexgc(5y)3.53%
ROCE(3y)23.39%
ROCE(5y)18.24%
ROICexcg growth 3Y13.05%
ROICexcg growth 5Y6.85%
ROICexc growth 3Y13.05%
ROICexc growth 5Y7.88%
OM growth 3Y11.3%
OM growth 5Y7.74%
PM growth 3Y-10.93%
PM growth 5Y-1%
GM growth 3Y0.06%
GM growth 5Y0.04%
F-Score7
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.52 | ||
| Debt/FCF | 25.16 | ||
| Debt/EBITDA | 17.72 | ||
| Cap/Depr | 74.25% | ||
| Cap/Sales | 1.02% | ||
| Interest Coverage | 1.82 | ||
| Cash Conversion | 73.97% | ||
| Profit Quality | 214.14% | ||
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 | ||
| Altman-Z | -0.29 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)88.97%
Cap/Depr(5y)136.67%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.98%
Profit Quality(3y)108.09%
Profit Quality(5y)148.9%
High Growth Momentum
Growth
EPS 1Y (TTM)36.61%
EPS 3Y-1.24%
EPS 5Y10.86%
EPS Q2Q%6.87%
EPS Next Y15.82%
EPS Next 2Y18.91%
EPS Next 3Y16.22%
EPS Next 5Y8.15%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y7.56%
Revenue growth 5Y11.11%
Sales Q2Q%5.45%
Revenue Next Year8.31%
Revenue Next 2Y10.28%
Revenue Next 3Y9.94%
Revenue Next 5Y4.89%
EBIT growth 1Y-3.9%
EBIT growth 3Y19.72%
EBIT growth 5Y19.71%
EBIT Next Year-12.57%
EBIT Next 3Y1.63%
EBIT Next 5Y2.66%
FCF growth 1Y-6.12%
FCF growth 3Y-15.23%
FCF growth 5Y-2.34%
OCF growth 1Y-7.25%
OCF growth 3Y-17.46%
OCF growth 5Y-4.79%