WAFD INC (WAFD) Stock Fundamental Analysis
USA - NASDAQ:WAFD - US9388241096 - Common Stock
29.03 USD
-0.23 (-0.79%)
29.12 USD
+0.09 (+0.31%)
Taking everything into account, WAFD scores 4 out of 10 in our fundamental rating. WAFD was compared to 390 industry peers in the Banks industry. While WAFD seems to be doing ok healthwise, there are quite some concerns on its profitability. WAFD has a correct valuation and a medium growth rate. WAFD also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WAFD had positive earnings in the past year.
WAFD had a positive operating cash flow in the past year.
WAFD had positive earnings in each of the past 5 years.
WAFD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
WAFD has a Return On Assets (0.79%) which is in line with its industry peers.
WAFD has a Return On Equity of 7.03%. This is in the lower half of the industry: WAFD underperforms 63.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 7.03% | ||
| ROIC | N/A |
ROA(3y)0.84%
ROA(5y)0.9%
ROE(3y)7.71%
ROE(5y)8.21%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of WAFD (29.20%) is better than 78.72% of its industry peers.
In the last couple of years the Profit Margin of WAFD has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for WAFD so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.2% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.57%
PM growth 5Y-1.33%
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
WAFD has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WAFD has a worse debt to assets ratio.
2.2 Solvency
WAFD has a debt to FCF ratio of 0.20. This is a very positive value and a sign of high solvency as it would only need 0.20 years to pay back of all of its debts.
WAFD has a Debt to FCF ratio of 0.20. This is amongst the best in the industry. WAFD outperforms 85.64% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that WAFD is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.02, WAFD belongs to the top of the industry, outperforming 85.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.2 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.69%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
WAFD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.45%.
WAFD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.92% yearly.
WAFD shows a small growth in Revenue. In the last year, the Revenue has grown by 0.55%.
The Revenue has been growing slightly by 5.45% on average over the past years.
EPS 1Y (TTM)6.45%
EPS 3Y-8%
EPS 5Y5.92%
EPS Q2Q%1.41%
Revenue 1Y (TTM)0.55%
Revenue growth 3Y3.15%
Revenue growth 5Y5.45%
Sales Q2Q%-1.68%
3.2 Future
Based on estimates for the next years, WAFD will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.84% on average per year.
Based on estimates for the next years, WAFD will show a quite strong growth in Revenue. The Revenue will grow by 10.31% on average per year.
EPS Next Y17.73%
EPS Next 2Y10.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.14%
Revenue Next 2Y10.31%
Revenue Next 3YN/A
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.
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 11.00, which indicates a very decent valuation of WAFD.
The rest of the industry has a similar Price/Earnings ratio as WAFD.
Compared to an average S&P500 Price/Earnings ratio of 26.11, WAFD is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.34, the valuation of WAFD can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as WAFD.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.55, WAFD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11 | ||
| Fwd PE | 9.34 |
4.2 Price Multiples
72.56% of the companies in the same industry are more expensive than WAFD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.07 | ||
| EV/EBITDA | N/A |
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.
PEG (NY)0.62
PEG (5Y)1.86
EPS Next 2Y10.84%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.37%, WAFD is a good candidate for dividend investing.
WAFD's Dividend Yield is rather good when compared to the industry average which is at 3.51. WAFD pays more dividend than 96.67% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, WAFD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.37% |
5.2 History
On average, the dividend of WAFD grows each year by 9.28%, which is quite nice.
WAFD has been paying a dividend for at least 10 years, so it has a reliable track record.
WAFD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.28%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
WAFD pays out 46.83% of its income as dividend. This is a bit on the high side, but may be sustainable.
WAFD's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP46.83%
EPS Next 2Y10.84%
EPS Next 3YN/A
29.03
-0.23 (-0.79%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners82.64%
Inst Owner Change-0.35%
Ins Owners0.98%
Ins Owner Change-0.01%
Market Cap2.29B
Revenue(TTM)725.48M
Net Income(TTM)211.99M
Analysts48.89
Price Target31.62 (8.92%)
Short Float %2.4%
Short Ratio4.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.37% |
Yearly Dividend1.22
Dividend Growth(5Y)9.28%
DP46.83%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.75%
Min EPS beat(2)5.48%
Max EPS beat(2)10.01%
EPS beat(4)2
Avg EPS beat(4)-1.03%
Min EPS beat(4)-18.71%
Max EPS beat(4)10.01%
EPS beat(8)4
Avg EPS beat(8)-6.75%
EPS beat(12)6
Avg EPS beat(12)-4.55%
EPS beat(16)9
Avg EPS beat(16)-1.78%
Revenue beat(2)0
Avg Revenue beat(2)-0.6%
Min Revenue beat(2)-1.17%
Max Revenue beat(2)-0.03%
Revenue beat(4)0
Avg Revenue beat(4)-4.22%
Min Revenue beat(4)-11.11%
Max Revenue beat(4)-0.03%
Revenue beat(8)1
Avg Revenue beat(8)-3.93%
Revenue beat(12)3
Avg Revenue beat(12)-0.98%
Revenue beat(16)7
Avg Revenue beat(16)2.1%
PT rev (1m)-3.88%
PT rev (3m)5.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.05%
EPS NY rev (1m)-2.21%
EPS NY rev (3m)0.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)8.31%
Revenue NY rev (3m)8.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11 | ||
| Fwd PE | 9.34 | ||
| P/S | 3.15 | ||
| P/FCF | 9.07 | ||
| P/OCF | 8.28 | ||
| P/B | 0.76 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.64
EY9.09%
EPS(NY)3.11
Fwd EY10.71%
FCF(TTM)3.2
FCFY11.02%
OCF(TTM)3.51
OCFY12.08%
SpS9.21
BVpS38.26
TBVpS32.62
PEG (NY)0.62
PEG (5Y)1.86
Graham Number47.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 7.03% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29.2% | ||
| GM | N/A | ||
| FCFM | 34.73% |
ROA(3y)0.84%
ROA(5y)0.9%
ROE(3y)7.71%
ROE(5y)8.21%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.57%
PM growth 5Y-1.33%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.2 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | -49.16% | ||
| Cap/Sales | 3.32% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 118.91% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC14.69%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.45%
EPS 3Y-8%
EPS 5Y5.92%
EPS Q2Q%1.41%
EPS Next Y17.73%
EPS Next 2Y10.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.55%
Revenue growth 3Y3.15%
Revenue growth 5Y5.45%
Sales Q2Q%-1.68%
Revenue Next Year16.14%
Revenue Next 2Y10.31%
Revenue Next 3YN/A
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-37.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-35.08%
OCF growth 3YN/A
OCF growth 5YN/A
WAFD INC / WAFD FAQ
Can you provide the ChartMill fundamental rating for WAFD INC?
ChartMill assigns a fundamental rating of 4 / 10 to WAFD.
Can you provide the valuation status for WAFD INC?
ChartMill assigns a valuation rating of 5 / 10 to WAFD INC (WAFD). This can be considered as Fairly Valued.
Can you provide the profitability details for WAFD INC?
WAFD INC (WAFD) has a profitability rating of 3 / 10.
What is the financial health of WAFD INC (WAFD) stock?
The financial health rating of WAFD INC (WAFD) is 4 / 10.
What is the expected EPS growth for WAFD INC (WAFD) stock?
The Earnings per Share (EPS) of WAFD INC (WAFD) is expected to grow by 17.73% in the next year.