STIFEL FINANCIAL CORP (SF) Stock Fundamental Analysis
USA - NYSE:SF - US8606301021 - Common Stock
114.66 USD
+2.74 (+2.45%)
114.66 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to SF. SF was compared to 236 industry peers in the Capital Markets industry. SF has a medium profitability rating, but doesn't score so well on its financial health evaluation. SF has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SF had positive earnings in the past year.
In the past year SF had a positive cash flow from operations.
Each year in the past 5 years SF has been profitable.
Each year in the past 5 years SF had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SF (1.44%) is worse than 61.44% of its industry peers.
SF's Return On Equity of 10.24% is in line compared to the rest of the industry. SF outperforms 58.05% of its industry peers.
SF has a Return On Invested Capital (3.47%) which is in line with its industry peers.
SF had an Average Return On Invested Capital over the past 3 years of 3.24%. This is below the industry average of 7.59%.
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
SF has a worse Profit Margin (9.51%) than 61.86% of its industry peers.
In the last couple of years the Profit Margin of SF has remained more or less at the same level.
SF's Operating Margin of 27.53% is in line compared to the rest of the industry. SF outperforms 52.97% of its industry peers.
In the last couple of years the Operating Margin of SF has grown nicely.
With an excellent Gross Margin value of 98.89%, SF belongs to the best of the industry, outperforming 98.31% of the companies in the same industry.
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
The number of shares outstanding for SF has been increased compared to 5 years ago.
The debt/assets ratio for SF has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.28, we must say that SF is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.28, SF is doing worse than 77.12% of the companies in the same industry.
SF has a debt to FCF ratio of 25.16. This is a negative value and a sign of low solvency as SF would need 25.16 years to pay back of all of its debts.
The Debt to FCF ratio of SF (25.16) is comparable to the rest of the industry.
SF has a Debt/Equity ratio of 5.52. This is a high value indicating a heavy dependency on external financing.
SF has a worse Debt to Equity ratio (5.52) than 86.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.52 | ||
| Debt/FCF | 25.16 | ||
| Altman-Z | -0.28 |
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: 89.83% 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.
SF has a Quick ratio of 0.10. This is amonst the worse of the industry: SF underperforms 89.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.61% over the past year.
Measured over the past years, SF shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.86% on average per year.
The Revenue has grown by 8.85% in the past year. This is quite good.
SF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.11% yearly.
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.
The Revenue is expected to grow by 4.89% on average over the next years.
EPS Next Y15.82%
EPS Next 2Y18.91%
EPS Next 3Y16.22%
EPS Next 5Y8.15%
Revenue Next Year8.55%
Revenue Next 2Y10.37%
Revenue Next 3Y10.02%
Revenue Next 5Y4.89%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.17, which indicates a correct valuation of SF.
SF's Price/Earnings is on the same level as the industry average.
SF's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.06.
With a Price/Forward Earnings ratio of 11.89, the valuation of SF can be described as very reasonable.
63.14% 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 22.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.17 | ||
| Fwd PE | 11.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SF is valued cheaper than 93.22% of the companies in the same industry.
SF's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SF is cheaper than 73.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.54 | ||
| EV/EBITDA | 5.88 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SF's earnings are expected to grow with 16.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.02
PEG (5Y)1.49
EPS Next 2Y18.91%
EPS Next 3Y16.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.59%, SF has a reasonable but not impressive dividend return.
SF's Dividend Yield is slightly below the industry average, which is at 8.21.
SF's Dividend Yield is slightly below the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
5.2 History
The dividend of SF is nicely growing with an annual growth rate of 26.83%!
SF has paid a dividend for at least 10 years, which is a reliable track record.
As SF did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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%
114.66
+2.74 (+2.45%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners89.51%
Inst Owner Change-0.05%
Ins Owners3.15%
Ins Owner Change-4.57%
Market Cap11.71B
Analysts78.75
Price Target128.52 (12.09%)
Short Float %3.26%
Short Ratio4.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
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%
Revenue NY rev (3m)3.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.17 | ||
| Fwd PE | 11.89 | ||
| P/S | 1.94 | ||
| P/FCF | 9.54 | ||
| P/OCF | 9.09 | ||
| P/B | 2.09 | ||
| P/tB | 2.93 | ||
| EV/EBITDA | 5.88 |
EPS(TTM)7.09
EY6.18%
EPS(NY)9.64
Fwd EY8.41%
FCF(TTM)12.02
FCFY10.48%
OCF(TTM)12.62
OCFY11%
SpS59.01
BVpS54.78
TBVpS39.18
PEG (NY)1.02
PEG (5Y)1.49
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 | -0.28 |
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 Year8.55%
Revenue Next 2Y10.37%
Revenue Next 3Y10.02%
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%