STIFEL FINANCIAL CORP (SF)
US8606301021 - Common Stock
SF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 209 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 correct valuation and a medium growth rate.
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.
In the past 5 years SF always reported a positive cash flow from operatings.
1.2 Ratios
SF has a Return On Assets of 1.29%. This is in the lower half of the industry: SF underperforms 65.22% of its industry peers.
With a Return On Equity value of 9.16%, SF perfoms like the industry average, outperforming 47.34% of the companies in the same industry.
With a Return On Invested Capital value of 3.25%, SF is not doing good in the industry: 63.28% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for SF is significantly below the industry average of 8.35%.
The 3 year average ROIC (2.77%) for SF is below the current ROIC(3.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 9.16% | ||
| ROIC | 3.25% |
ROA(3y)1.76%
ROA(5y)1.77%
ROE(3y)12.19%
ROE(5y)11.95%
ROIC(3y)2.77%
ROIC(5y)2.66%
1.3 Margins
SF has a worse Profit Margin (9.40%) than 64.73% of its industry peers.
SF's Profit Margin has declined in the last couple of years.
SF has a Operating Margin (29.40%) which is comparable to the rest of the industry.
SF's Operating Margin has improved in the last couple of years.
SF has a better Gross Margin (98.87%) than 97.58% of its industry peers.
In the last couple of years the Gross Margin of SF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.4% | ||
| PM (TTM) | 9.4% | ||
| GM | 98.87% |
OM growth 3Y16.12%
OM growth 5Y5.93%
PM growth 3Y-8.98%
PM growth 5Y-4.82%
GM growth 3Y0.11%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
Compared to 1 year ago, SF has less shares outstanding
SF has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SF has remained at the same level compared to a year ago.
2.2 Solvency
SF has an Altman-Z score of -0.30. This is a bad value and indicates that SF is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.30, SF is not doing good in the industry: 87.44% of the companies in the same industry are doing better.
SF has a debt to FCF ratio of 65.78. This is a negative value and a sign of low solvency as SF would need 65.78 years to pay back of all of its debts.
SF has a Debt to FCF ratio (65.78) which is in line with its industry peers.
A Debt/Equity ratio of 5.56 is on the high side and indicates that SF has dependencies on debt financing.
SF has a worse Debt to Equity ratio (5.56) than 85.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.56 | ||
| Debt/FCF | 65.78 | ||
| Altman-Z | -0.3 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SF has a Current Ratio of 0.15. This is a bad value and indicates that SF is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.15, SF is not doing good in the industry: 91.30% of the companies in the same industry are doing better.
SF has a Quick Ratio of 0.15. This is a bad value and indicates that SF is not financially healthy enough and could expect problems in meeting its short term obligations.
SF's Quick ratio of 0.15 is on the low side compared to the rest of the industry. SF is outperformed by 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
SF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.40%.
The Earnings Per Share has been growing slightly by 5.79% on average over the past years.
The Revenue has grown by 12.33% 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 10.06% yearly.
EPS 1Y (TTM)-18.4%
EPS 3Y0.99%
EPS 5Y5.79%
EPS growth Q2Q-5.06%
Revenue 1Y (TTM)12.33%
Revenue growth 3Y10.56%
Revenue growth 5Y10.06%
Revenue growth Q2Q12.42%
3.2 Future
SF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.54% yearly.
The Revenue is expected to grow by 6.03% on average over the next years.
EPS Next Y46.37%
EPS Next 2Y29.95%
EPS Next 3Y21.51%
EPS Next 5Y12.54%
Revenue Next Year11.46%
Revenue Next 2Y9.16%
Revenue Next 3Y7.87%
Revenue Next 5Y6.03%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SF is valuated correctly with a Price/Earnings ratio of 16.02.
SF's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 24.76, SF is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 10.95, the valuation of SF can be described as reasonable.
62.32% of the companies in the same industry are more expensive than SF, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SF to the average of the S&P500 Index (21.26), we can say SF is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.02 | ||
| Fwd PE | 10.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SF indicates a rather cheap valuation: SF is cheaper than 94.69% of the companies listed in the same industry.
SF's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.31 | ||
| EV/EBITDA | 3.45 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SF's earnings are expected to grow with 21.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)2.77
EPS Next 2Y29.95%
EPS Next 3Y21.51%
5. Dividend
5.1 Amount
SF has a Yearly Dividend Yield of 2.23%.
SF's Dividend Yield is slightly below the industry average, which is at 7.52.
Compared to an average S&P500 Dividend Yield of 2.40, SF has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
5.2 History
On average, the dividend of SF grows each year by 36.13%, which is quite nice.
SF has been paying a dividend for at least 10 years, so it has 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)36.13%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
SF pays out 41.28% of its income as dividend. 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.
DP41.28%
EPS Next 2Y29.95%
EPS Next 3Y21.51%
STIFEL FINANCIAL CORP
NYSE:SF (4/19/2024, 7:15:46 PM)
After market: 75.31 0 (0%)75.31
+0.43 (+0.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap7.74B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
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(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
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 | 16.02 | ||
| Fwd PE | 10.95 | ||
| 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)0.35
PEG (5Y)2.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 9.16% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 29.4% | ||
| PM (TTM) | 9.4% | ||
| GM | 98.87% | ||
| 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 Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.56 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 | ||
| 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)-18.4%
EPS 3Y0.99%
EPS 5Y
EPS growth Q2Q
EPS Next Y46.37%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.33%
Revenue growth 3Y10.56%
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