WAFD INC (WAFD) Stock Fundamental Analysis
NASDAQ:WAFD - Nasdaq - US9388241096 - Common Stock - Currency: USD
Overall WAFD gets a fundamental rating of 4 out of 10. We evaluated WAFD against 395 industry peers in the Banks industry. WAFD may be in some trouble as it scores bad on both profitability and health. WAFD has a decent growth rate and is not valued too expensively. WAFD also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WAFD was profitable.
WAFD had a positive operating cash flow in the past year.
In the past 5 years WAFD has always been profitable.
In the past 5 years WAFD always reported a positive cash flow from operatings.
1.2 Ratios
WAFD has a Return On Assets of 0.78%. This is comparable to the rest of the industry: WAFD outperforms 43.54% of its industry peers.
WAFD has a Return On Equity of 7.08%. This is in the lower half of the industry: WAFD underperforms 61.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 7.08% | ||
| ROIC | N/A |
ROA(3y)0.94%
ROA(5y)0.92%
ROE(3y)8.65%
ROE(5y)8.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of WAFD (29.23%) is better than 80.51% of its industry peers.
WAFD's Profit Margin has declined in the last couple of years.
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) | 29.23% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.74%
PM growth 5Y-7.86%
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.
WAFD has more shares outstanding than it did 1 year ago.
WAFD has more shares outstanding than it did 5 years ago.
WAFD has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of WAFD is 0.20, which is an excellent value as it means it would take WAFD, only 0.20 years of fcf income to pay off all of its debts.
WAFD has a better Debt to FCF ratio (0.20) than 87.34% of its industry peers.
WAFD has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
WAFD has a better Debt to Equity ratio (0.02) than 86.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.2 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.34%
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 been growing slightly by 0.76% over the past year.
Measured over the past years, WAFD shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.02% on average per year.
Looking at the last year, WAFD shows a small growth in Revenue. The Revenue has grown by 5.03% in the last year.
WAFD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.83% yearly.
EPS 1Y (TTM)0.76%
EPS 3Y3.3%
EPS 5Y-1.02%
EPS Q2Q%282.35%
Revenue 1Y (TTM)5.03%
Revenue growth 3Y8.45%
Revenue growth 5Y5.83%
Sales Q2Q%1.46%
3.2 Future
The Earnings Per Share is expected to grow by 11.46% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.61% on average over the next years.
EPS Next Y5.98%
EPS Next 2Y11.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.71%
Revenue Next 2Y2.61%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.64 indicates a reasonable valuation of WAFD.
Based on the Price/Earnings ratio, WAFD is valued a bit cheaper than the industry average as 64.56% of the companies are valued more expensively.
WAFD is valuated cheaply when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.15, 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 22.19, WAFD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.64 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
WAFD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WAFD is cheaper than 67.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.78 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.78
PEG (5Y)N/A
EPS Next 2Y11.46%
EPS Next 3YN/A
5. Dividend
5.1 Amount
WAFD has a Yearly Dividend Yield of 3.75%.
Compared to an average industry Dividend Yield of 3.46, WAFD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, WAFD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
5.2 History
The dividend of WAFD is nicely growing with an annual growth rate of 9.28%!
WAFD has paid a dividend for at least 10 years, which is 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
46.11% of the earnings are spent on dividend by WAFD. This is a bit on the high side, but may be sustainable.
The dividend of WAFD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP46.11%
EPS Next 2Y11.46%
EPS Next 3YN/A
28.19
+0.27 (+0.97%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners82.9%
Inst Owner Change0.92%
Ins Owners0.96%
Ins Owner Change-1.76%
Market Cap2.26B
Analysts48.89
Price Target29.84 (5.85%)
Short Float %3.74%
Short Ratio5.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
Yearly Dividend1.22
Dividend Growth(5Y)9.28%
DP46.11%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.35%
Min EPS beat(2)-18.71%
Max EPS beat(2)10.01%
EPS beat(4)2
Avg EPS beat(4)4.71%
Min EPS beat(4)-18.71%
Max EPS beat(4)28.44%
EPS beat(8)3
Avg EPS beat(8)-8.34%
EPS beat(12)6
Avg EPS beat(12)-3.75%
EPS beat(16)9
Avg EPS beat(16)-1.09%
Revenue beat(2)0
Avg Revenue beat(2)-5.57%
Min Revenue beat(2)-11.11%
Max Revenue beat(2)-0.03%
Revenue beat(4)1
Avg Revenue beat(4)-3.68%
Min Revenue beat(4)-11.11%
Max Revenue beat(4)1%
Revenue beat(8)1
Avg Revenue beat(8)-4.49%
Revenue beat(12)4
Avg Revenue beat(12)0.47%
Revenue beat(16)8
Avg Revenue beat(16)2.98%
PT rev (1m)0%
PT rev (3m)-10%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.67%
EPS NY rev (1m)0%
EPS NY rev (3m)5.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.64 | ||
| Fwd PE | 9.15 | ||
| P/S | 3.08 | ||
| P/FCF | 8.78 | ||
| P/OCF | 8.03 | ||
| P/B | 0.75 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.65
EY9.4%
EPS(NY)3.08
Fwd EY10.93%
FCF(TTM)3.21
FCFY11.39%
OCF(TTM)3.51
OCFY12.45%
SpS9.16
BVpS37.83
TBVpS32.26
PEG (NY)1.78
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 7.08% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29.23% | ||
| GM | N/A | ||
| FCFM | 35.05% |
ROA(3y)0.94%
ROA(5y)0.92%
ROE(3y)8.65%
ROE(5y)8.54%
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-5.74%
PM growth 5Y-7.86%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.2 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | -51.04% | ||
| Cap/Sales | 3.28% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 119.89% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC15.34%
ROIC/WACCN/A
Cap/Depr(3y)34.13%
Cap/Depr(5y)53.87%
Cap/Sales(3y)2.41%
Cap/Sales(5y)3.64%
Profit Quality(3y)140.43%
Profit Quality(5y)132.63%
High Growth Momentum
Growth
EPS 1Y (TTM)0.76%
EPS 3Y3.3%
EPS 5Y-1.02%
EPS Q2Q%282.35%
EPS Next Y5.98%
EPS Next 2Y11.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.03%
Revenue growth 3Y8.45%
Revenue growth 5Y5.83%
Sales Q2Q%1.46%
Revenue Next Year-1.71%
Revenue Next 2Y2.61%
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-9.73%
FCF growth 3Y13.3%
FCF growth 5Y15.86%
OCF growth 1Y-4.99%
OCF growth 3Y11.78%
OCF growth 5Y13.41%