SYNOVUS FINANCIAL CORP (SNV) Stock Fundamental Analysis
USA - NYSE:SNV - US87161C5013 - Common Stock
50.98 USD
-1.13 (-2.17%)
50.98 USD
0 (0%)
Taking everything into account, SNV scores 5 out of 10 in our fundamental rating. SNV was compared to 392 industry peers in the Banks industry. There are concerns on the financial health of SNV while its profitability can be described as average. SNV is not overvalued while it is showing excellent growth. This is an interesting combination. Finally SNV also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year SNV was profitable.
SNV had a positive operating cash flow in the past year.
Each year in the past 5 years SNV has been profitable.
SNV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SNV has a better Return On Assets (1.21%) than 79.34% of its industry peers.
SNV has a better Return On Equity (13.15%) than 86.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.21% | ||
| ROE | 13.15% | ||
| ROIC | N/A |
ROA(3y)0.93%
ROA(5y)0.94%
ROE(3y)11.5%
ROE(5y)10.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of SNV (31.97%) is better than 86.22% of its industry peers.
SNV's Profit Margin has declined in the last couple of years.
SNV does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 31.97% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-15.54%
PM growth 5Y-4.43%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SNV does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SNV has less shares outstanding
SNV has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SNV has been reduced compared to a year ago.
2.2 Solvency
SNV has a debt to FCF ratio of 5.62. This is a neutral value as SNV would need 5.62 years to pay back of all of its debts.
SNV has a worse Debt to FCF ratio (5.62) than 69.64% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that SNV is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.71, SNV is not doing good in the industry: 80.36% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 5.62 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.55%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 34.18% over the past year.
The Earnings Per Share has been growing slightly by 4.39% on average over the past years.
Looking at the last year, SNV shows a very strong growth in Revenue. The Revenue has grown by 22.68%.
SNV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.38% yearly.
EPS 1Y (TTM)34.18%
EPS 3Y-3.19%
EPS 5Y4.39%
EPS Q2Q%27.59%
Revenue 1Y (TTM)22.68%
Revenue growth 3Y0.1%
Revenue growth 5Y0.38%
Sales Q2Q%93.93%
3.2 Future
The Earnings Per Share is expected to grow by 14.34% on average over the next years. This is quite good.
Based on estimates for the next years, SNV will show a quite strong growth in Revenue. The Revenue will grow by 8.09% on average per year.
EPS Next Y23.13%
EPS Next 2Y12.82%
EPS Next 3Y14.34%
EPS Next 5YN/A
Revenue Next Year14.44%
Revenue Next 2Y9.8%
Revenue Next 3Y8.09%
Revenue Next 5YN/A
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.69, which indicates a very decent valuation of SNV.
SNV's Price/Earnings ratio is rather cheap when compared to the industry. SNV is cheaper than 84.44% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.38. SNV is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.90, the valuation of SNV can be described as reasonable.
Based on the Price/Forward Earnings ratio, SNV is valued a bit cheaper than 74.23% of the companies in the same industry.
SNV is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.69 | ||
| Fwd PE | 8.9 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SNV is valued a bit cheaper than 70.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.96 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SNV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SNV's earnings are expected to grow with 14.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.42
PEG (5Y)2.21
EPS Next 2Y12.82%
EPS Next 3Y14.34%
5. Dividend
5.1 Amount
SNV has a Yearly Dividend Yield of 8.07%, which is a nice return.
Compared to an average industry Dividend Yield of 3.73, SNV has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, SNV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.07% |
5.2 History
The dividend of SNV has a limited annual growth rate of 5.11%.
SNV has been paying a dividend for at least 10 years, so it has a reliable track record.
As SNV did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)5.11%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
SNV pays out 35.36% of its income as dividend. This is a sustainable payout ratio.
The dividend of SNV is growing, but earnings are growing more, so the dividend growth is sustainable.
DP35.36%
EPS Next 2Y12.82%
EPS Next 3Y14.34%
50.98
-1.13 (-2.17%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners87.97%
Inst Owner Change-0.58%
Ins Owners0.48%
Ins Owner Change2.62%
Market Cap7.08B
Analysts75.79
Price Target60.25 (18.18%)
Short Float %2.14%
Short Ratio1.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.07% |
Yearly Dividend1.81
Dividend Growth(5Y)5.11%
DP35.36%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.99%
Min EPS beat(2)14.92%
Max EPS beat(2)17.06%
EPS beat(4)4
Avg EPS beat(4)12.78%
Min EPS beat(4)7.53%
Max EPS beat(4)17.06%
EPS beat(8)6
Avg EPS beat(8)10.4%
EPS beat(12)8
Avg EPS beat(12)7.75%
EPS beat(16)12
Avg EPS beat(16)8.63%
Revenue beat(2)1
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)0.34%
Revenue beat(4)2
Avg Revenue beat(4)0.21%
Min Revenue beat(4)-0.87%
Max Revenue beat(4)1.45%
Revenue beat(8)3
Avg Revenue beat(8)-4.55%
Revenue beat(12)5
Avg Revenue beat(12)-3.12%
Revenue beat(16)7
Avg Revenue beat(16)-2.22%
PT rev (1m)-2.48%
PT rev (3m)7.4%
EPS NQ rev (1m)-0.42%
EPS NQ rev (3m)10.87%
EPS NY rev (1m)9.22%
EPS NY rev (3m)8.01%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.69 | ||
| Fwd PE | 8.9 | ||
| P/S | 3.06 | ||
| P/FCF | 9.96 | ||
| P/OCF | 9.4 | ||
| P/B | 1.26 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.26
EY10.32%
EPS(NY)5.73
Fwd EY11.23%
FCF(TTM)5.12
FCFY10.04%
OCF(TTM)5.42
OCFY10.64%
SpS16.64
BVpS40.47
TBVpS36.8
PEG (NY)0.42
PEG (5Y)2.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.21% | ||
| ROE | 13.15% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 31.97% | ||
| GM | N/A | ||
| FCFM | 30.76% |
ROA(3y)0.93%
ROA(5y)0.94%
ROE(3y)11.5%
ROE(5y)10.96%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-15.54%
PM growth 5Y-4.43%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 5.62 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 82.51% | ||
| Cap/Sales | 1.83% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 96.22% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC19.55%
ROIC/WACCN/A
Cap/Depr(3y)56.98%
Cap/Depr(5y)43.15%
Cap/Sales(3y)1.88%
Cap/Sales(5y)1.69%
Profit Quality(3y)193.51%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)34.18%
EPS 3Y-3.19%
EPS 5Y4.39%
EPS Q2Q%27.59%
EPS Next Y23.13%
EPS Next 2Y12.82%
EPS Next 3Y14.34%
EPS Next 5YN/A
Revenue 1Y (TTM)22.68%
Revenue growth 3Y0.1%
Revenue growth 5Y0.38%
Sales Q2Q%93.93%
Revenue Next Year14.44%
Revenue Next 2Y9.8%
Revenue Next 3Y8.09%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-57.27%
FCF growth 3Y-0.14%
FCF growth 5Y6.44%
OCF growth 1Y-55.57%
OCF growth 3Y1.12%
OCF growth 5Y5.74%