SYNOVUS FINANCIAL CORP (SNV) Stock Fundamental Analysis
NYSE:SNV - US87161C5013 - Common Stock
50.79 USD
+0.2 (+0.4%)
50.79 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to SNV. SNV was compared to 393 industry peers in the Banks industry. While SNV is still in line with the averages on profitability rating, there are concerns on its financial health. SNV is not overvalued while it is showing excellent growth. This is an interesting combination.
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.
Each year in the past 5 years SNV had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.21%, SNV is in the better half of the industry, outperforming 79.90% of the companies in the same industry.
SNV has a Return On Equity of 13.15%. This is amongst the best in the industry. SNV outperforms 87.28% 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
SNV has a Profit Margin of 31.97%. This is amongst the best in the industry. SNV outperforms 86.26% 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.
SNV has less shares outstanding than it did 1 year ago.
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
The Debt to FCF ratio of SNV is 5.62, which is a neutral value as it means it would take SNV, 5.62 years of fcf income to pay off all of its debts.
SNV has a Debt to FCF ratio of 5.62. This is in the lower half of the industry: SNV underperforms 69.47% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that SNV is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.71, SNV is doing worse than 81.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 5.62 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.68%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SNV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 34.18%, which is quite impressive.
The Earnings Per Share has been growing slightly by 4.39% on average over the past years.
SNV shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.68%.
The Revenue has been growing slightly by 0.38% on average over the past years.
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 2Y9.83%
Revenue Next 3Y8.09%
Revenue Next 5YN/A
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.66, the valuation of SNV can be described as reasonable.
85.75% of the companies in the same industry are more expensive than SNV, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.03. SNV is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.87, which indicates a very decent valuation of SNV.
Based on the Price/Forward Earnings ratio, SNV is valued a bit cheaper than 73.54% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SNV to the average of the S&P500 Index (22.63), we can say SNV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.66 | ||
| Fwd PE | 8.87 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SNV is valued a bit cheaper than the industry average as 68.70% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.92 | ||
| 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.
A more expensive valuation may be justified as SNV's earnings are expected to grow with 14.34% in the coming years.
PEG (NY)0.42
PEG (5Y)2.2
EPS Next 2Y12.82%
EPS Next 3Y14.34%
5. Dividend
5.1 Amount
SNV has a Yearly Dividend Yield of 3.18%.
Compared to an average industry Dividend Yield of 3.30, SNV has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, SNV pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
5.2 History
The dividend of SNV has a limited annual growth rate of 5.11%.
SNV has paid a dividend for at least 10 years, which is 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
35.36% of the earnings are spent on dividend by SNV. This is a low number and sustainable payout ratio.
SNV's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP35.36%
EPS Next 2Y12.82%
EPS Next 3Y14.34%
50.79
+0.2 (+0.4%)
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 Cap7.05B
Analysts77.89
Price Target60.54 (19.2%)
Short Float %1.75%
Short Ratio1.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
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)1.93%
PT rev (3m)8.32%
EPS NQ rev (1m)5.07%
EPS NQ rev (3m)14%
EPS NY rev (1m)9.22%
EPS NY rev (3m)8.01%
Revenue NQ rev (1m)-1.06%
Revenue NQ rev (3m)0.36%
Revenue NY rev (1m)0.96%
Revenue NY rev (3m)1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.66 | ||
| Fwd PE | 8.87 | ||
| P/S | 3.05 | ||
| P/FCF | 9.92 | ||
| P/OCF | 9.36 | ||
| P/B | 1.25 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.26
EY10.36%
EPS(NY)5.73
Fwd EY11.28%
FCF(TTM)5.12
FCFY10.08%
OCF(TTM)5.42
OCFY10.68%
SpS16.64
BVpS40.47
TBVpS36.8
PEG (NY)0.42
PEG (5Y)2.2
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
WACC19.68%
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 2Y9.83%
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%