CULLEN/FROST BANKERS INC (CFR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CFR - US2298991090 - Common Stock
123.72 USD
-0.92 (-0.74%)
123.72 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to CFR. CFR was compared to 387 industry peers in the Banks industry. While CFR is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, CFR is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CFR had positive earnings in the past year.
CFR had a positive operating cash flow in the past year.
Each year in the past 5 years CFR has been profitable.
Each year in the past 5 years CFR had a positive operating cash flow.
1.2 Ratios
CFR has a better Return On Assets (1.19%) than 75.71% of its industry peers.
CFR has a Return On Equity of 14.00%. This is amongst the best in the industry. CFR outperforms 92.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.19% | ||
| ROE | 14% | ||
| ROIC | N/A |
ROA(3y)1.1%
ROA(5y)0.98%
ROE(3y)16.15%
ROE(5y)13.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CFR has a Profit Margin of 28.50%. This is in the better half of the industry: CFR outperforms 72.87% of its industry peers.
CFR's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for CFR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 28.5% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.3%
PM growth 5Y-2.65%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CFR does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CFR remains at a similar level compared to 1 year ago.
The number of shares outstanding for CFR has been increased compared to 5 years ago.
The debt/assets ratio for CFR is higher compared to a year ago.
2.2 Solvency
CFR has a debt to FCF ratio of 305.69. This is a negative value and a sign of low solvency as CFR would need 305.69 years to pay back of all of its debts.
CFR has a worse Debt to FCF ratio (305.69) than 86.56% of its industry peers.
A Debt/Equity ratio of 1.08 is on the high side and indicates that CFR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.08, CFR is doing worse than 85.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 305.69 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.04%
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 20.60% over the past year.
Measured over the past 5 years, CFR shows a small growth in Earnings Per Share. The EPS has been growing by 5.34% on average per year.
Looking at the last year, CFR shows a very negative growth in Revenue. The Revenue has decreased by -13.43% in the last year.
The Revenue has been growing by 8.57% on average over the past years. This is quite good.
EPS 1Y (TTM)20.6%
EPS 3Y9.48%
EPS 5Y5.34%
EPS Q2Q%19.2%
Revenue 1Y (TTM)-13.43%
Revenue growth 3Y14.59%
Revenue growth 5Y8.57%
Sales Q2Q%29.77%
3.2 Future
Based on estimates for the next years, CFR will show a small growth in Earnings Per Share. The EPS will grow by 3.36% on average per year.
CFR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.40% yearly.
EPS Next Y10.66%
EPS Next 2Y4.74%
EPS Next 3Y4.02%
EPS Next 5Y3.36%
Revenue Next Year7.92%
Revenue Next 2Y5.98%
Revenue Next 3Y5.58%
Revenue Next 5Y3.4%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CFR is valuated correctly with a Price/Earnings ratio of 12.73.
The rest of the industry has a similar Price/Earnings ratio as CFR.
Compared to an average S&P500 Price/Earnings ratio of 26.31, CFR is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.71, CFR is valued correctly.
68.73% of the companies in the same industry are cheaper than CFR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CFR to the average of the S&P500 Index (36.59), we can say CFR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.73 | ||
| Fwd PE | 12.71 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CFR is valued expensively inside the industry as 84.50% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 504.91 | ||
| 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)1.19
PEG (5Y)2.39
EPS Next 2Y4.74%
EPS Next 3Y4.02%
5. Dividend
5.1 Amount
CFR has a Yearly Dividend Yield of 3.21%.
CFR's Dividend Yield is comparable with the industry average which is at 3.33.
Compared to an average S&P500 Dividend Yield of 2.40, CFR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
5.2 History
The dividend of CFR has a limited annual growth rate of 5.72%.
CFR has paid a dividend for at least 10 years, which is a reliable track record.
CFR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.72%
Div Incr Years31
Div Non Decr Years31
5.3 Sustainability
CFR pays out 41.55% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of CFR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP41.55%
EPS Next 2Y4.74%
EPS Next 3Y4.02%
123.72
-0.92 (-0.74%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners88.1%
Inst Owner Change2.75%
Ins Owners0.74%
Ins Owner Change0.58%
Market Cap7.91B
Revenue(TTM)2.19B
Net Income(TTM)624.41M
Analysts65
Price Target141.56 (14.42%)
Short Float %3.35%
Short Ratio4.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
Yearly Dividend3.88
Dividend Growth(5Y)5.72%
DP41.55%
Div Incr Years31
Div Non Decr Years31
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.81%
Min EPS beat(2)2.67%
Max EPS beat(2)10.96%
EPS beat(4)4
Avg EPS beat(4)6.76%
Min EPS beat(4)2.67%
Max EPS beat(4)10.96%
EPS beat(8)6
Avg EPS beat(8)0.85%
EPS beat(12)10
Avg EPS beat(12)2.32%
EPS beat(16)14
Avg EPS beat(16)3.69%
Revenue beat(2)1
Avg Revenue beat(2)0.53%
Min Revenue beat(2)-0.69%
Max Revenue beat(2)1.75%
Revenue beat(4)3
Avg Revenue beat(4)1.5%
Min Revenue beat(4)-0.69%
Max Revenue beat(4)2.47%
Revenue beat(8)6
Avg Revenue beat(8)-0.69%
Revenue beat(12)9
Avg Revenue beat(12)0.2%
Revenue beat(16)11
Avg Revenue beat(16)5.1%
PT rev (1m)0.67%
PT rev (3m)2.36%
EPS NQ rev (1m)3.74%
EPS NQ rev (3m)3.02%
EPS NY rev (1m)3.01%
EPS NY rev (3m)3.32%
Revenue NQ rev (1m)1%
Revenue NQ rev (3m)1.11%
Revenue NY rev (1m)0.49%
Revenue NY rev (3m)0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.73 | ||
| Fwd PE | 12.71 | ||
| P/S | 3.63 | ||
| P/FCF | 504.91 | ||
| P/OCF | 50.52 | ||
| P/B | 1.78 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)9.72
EY7.86%
EPS(NY)9.73
Fwd EY7.87%
FCF(TTM)0.25
FCFY0.2%
OCF(TTM)2.45
OCFY1.98%
SpS34.05
BVpS69.34
TBVpS69.34
PEG (NY)1.19
PEG (5Y)2.39
Graham Number123.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.19% | ||
| ROE | 14% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 28.5% | ||
| GM | N/A | ||
| FCFM | 0.72% |
ROA(3y)1.1%
ROA(5y)0.98%
ROE(3y)16.15%
ROE(5y)13.13%
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-4.3%
PM growth 5Y-2.65%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 305.69 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 162.27% | ||
| Cap/Sales | 6.47% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 2.52% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC11.04%
ROIC/WACCN/A
Cap/Depr(3y)168.8%
Cap/Depr(5y)149.93%
Cap/Sales(3y)6.75%
Cap/Sales(5y)6.33%
Profit Quality(3y)105.07%
Profit Quality(5y)116.76%
High Growth Momentum
Growth
EPS 1Y (TTM)20.6%
EPS 3Y9.48%
EPS 5Y5.34%
EPS Q2Q%19.2%
EPS Next Y10.66%
EPS Next 2Y4.74%
EPS Next 3Y4.02%
EPS Next 5Y3.36%
Revenue 1Y (TTM)-13.43%
Revenue growth 3Y14.59%
Revenue growth 5Y8.57%
Sales Q2Q%29.77%
Revenue Next Year7.92%
Revenue Next 2Y5.98%
Revenue Next 3Y5.58%
Revenue Next 5Y3.4%
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-97.28%
FCF growth 3Y13.92%
FCF growth 5Y15.04%
OCF growth 1Y-78.84%
OCF growth 3Y15.14%
OCF growth 5Y9.31%
CULLEN/FROST BANKERS INC / CFR FAQ
What is the ChartMill fundamental rating of CULLEN/FROST BANKERS INC (CFR) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CFR.
What is the valuation status of CULLEN/FROST BANKERS INC (CFR) stock?
ChartMill assigns a valuation rating of 3 / 10 to CULLEN/FROST BANKERS INC (CFR). This can be considered as Overvalued.
What is the profitability of CFR stock?
CULLEN/FROST BANKERS INC (CFR) has a profitability rating of 4 / 10.
What are the PE and PB ratios of CULLEN/FROST BANKERS INC (CFR) stock?
The Price/Earnings (PE) ratio for CULLEN/FROST BANKERS INC (CFR) is 12.73 and the Price/Book (PB) ratio is 1.78.
Can you provide the financial health for CFR stock?
The financial health rating of CULLEN/FROST BANKERS INC (CFR) is 0 / 10.