WAFD INC (WAFD)
US9388241096 - Common Stock
Taking everything into account, WAFD scores 4 out of 10 in our fundamental rating. WAFD was compared to 411 industry peers in the Banks industry. Both the profitability and the financial health of WAFD get a neutral evaluation. Nothing too spectacular is happening here. WAFD is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year WAFD was profitable.
WAFD had a positive operating cash flow in the past year.
WAFD had positive earnings in each of the past 5 years.
In the past 5 years WAFD always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of WAFD (0.98%) is better than 60.83% of its industry peers.
WAFD has a Return On Equity (9.04%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.98% | ||
| ROE | 9.04% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)1.05%
ROE(3y)9.31%
ROE(5y)9.38%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of WAFD (31.14%) is better than 81.02% of its industry peers.
In the last couple of years the Profit Margin of WAFD has declined.
WAFD 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) | 31.14% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.63%
PM growth 5Y-3.71%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
WAFD does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, WAFD has less shares outstanding
The number of shares outstanding for WAFD has been reduced compared to 5 years ago.
There is no outstanding debt for WAFD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
WAFD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for WAFD have decreased strongly by -11.20% in the last year.
Measured over the past 5 years, WAFD shows a small growth in Earnings Per Share. The EPS has been growing by 7.59% on average per year.
WAFD shows a small growth in Revenue. In the last year, the Revenue has grown by 1.00%.
The Revenue has been growing slightly by 7.54% on average over the past years.
EPS 1Y (TTM)-11.2%
EPS 3Y23.39%
EPS 5Y7.59%
EPS growth Q2Q-26.72%
Revenue 1Y (TTM)1%
Revenue growth 3Y10.09%
Revenue growth 5Y7.54%
Revenue growth Q2Q-22.64%
3.2 Future
The Earnings Per Share is expected to grow by 0.93% on average over the next years.
The Revenue is expected to grow by 9.42% on average over the next years. This is quite good.
EPS Next Y-27.48%
EPS Next 2Y-6.01%
EPS Next 3Y0.93%
EPS Next 5YN/A
Revenue Next Year-2.87%
Revenue Next 2Y6.74%
Revenue Next 3Y9.42%
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 decreasing.
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
A Price/Earnings ratio of 8.81 indicates a reasonable valuation of WAFD.
71.53% of the companies in the same industry are more expensive than WAFD, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.15. WAFD is valued rather cheaply when compared to this.
WAFD is valuated reasonably with a Price/Forward Earnings ratio of 9.14.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WAFD indicates a somewhat cheap valuation: WAFD is cheaper than 65.45% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of WAFD to the average of the S&P500 Index (20.20), we can say WAFD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.81 | ||
| Fwd PE | 9.14 |
4.2 Price Multiples
WAFD's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.37 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.16
EPS Next 2Y-6.01%
EPS Next 3Y0.93%
5. Dividend
5.1 Amount
WAFD has a Yearly Dividend Yield of 3.61%.
Compared to an average industry Dividend Yield of 3.69, WAFD has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, WAFD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
5.2 History
The dividend of WAFD is nicely growing with an annual growth rate of 12.91%!
WAFD has paid a dividend for at least 10 years, which is a reliable track record.
As WAFD did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)12.91%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
WAFD pays out 35.56% of its income as dividend. This is a sustainable payout ratio.
WAFD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP35.56%
EPS Next 2Y-6.01%
EPS Next 3Y0.93%
WAFD INC
NASDAQ:WAFD (5/17/2024, 7:00:02 PM)
After market: 30.04 0 (0%)30.04
+0.25 (+0.84%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.46B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
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)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 8.81 | ||
| Fwd PE | 9.14 | ||
| 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)N/A
PEG (5Y)1.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.98% | ||
| ROE | 9.04% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 31.14% | ||
| GM | N/A | ||
| 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 Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| 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)-11.2%
EPS 3Y23.39%
EPS 5Y
EPS growth Q2Q
EPS Next Y-27.48%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1%
Revenue growth 3Y10.09%
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