CULLEN/FROST BANKERS INC (CFR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CFR - US2298991090 - Common Stock
134.61 USD
-0.43 (-0.32%)
134.61 USD
0 (0%)
Taking everything into account, CFR scores 3 out of 10 in our fundamental rating. CFR was compared to 387 industry peers in the Banks industry. There are concerns on the financial health of CFR while its profitability can be described as average. While showing a medium growth rate, CFR is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CFR was profitable.
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
Looking at the Return On Assets, with a value of 1.19%, CFR is in the better half of the industry, outperforming 75.45% of the companies in the same industry.
CFR's Return On Equity of 14.00% is amongst the best of the industry. CFR outperforms 91.47% 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
Looking at the Profit Margin, with a value of 28.50%, CFR is in the better half of the industry, outperforming 71.83% of the companies in the same industry.
CFR's Profit Margin has declined in the last couple of years.
CFR 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) | 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.
Compared to 1 year ago, CFR has about the same amount of shares outstanding.
CFR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CFR has a worse debt to assets ratio.
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.
Looking at the Debt to FCF ratio, with a value of 305.69, CFR is doing worse than 86.56% of the companies in the same industry.
A Debt/Equity ratio of 1.08 is on the high side and indicates that CFR has dependencies on debt financing.
CFR has a Debt to Equity ratio of 1.08. This is amonst the worse of the industry: CFR underperforms 84.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 305.69 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.97%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CFR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.60%, which is quite impressive.
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
The Earnings Per Share is expected to grow by 4.15% on average over the next years.
The Revenue is expected to grow by 3.58% on average over the next years.
EPS Next Y12.04%
EPS Next 2Y5.7%
EPS Next 3Y4.54%
EPS Next 5Y4.15%
Revenue Next Year8.2%
Revenue Next 2Y6.32%
Revenue Next 3Y5.69%
Revenue Next 5Y3.58%
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.
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
CFR is valuated correctly with a Price/Earnings ratio of 13.85.
CFR's Price/Earnings is on the same level as the industry average.
CFR is valuated rather cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
CFR is valuated correctly with a Price/Forward Earnings ratio of 13.58.
Based on the Price/Forward Earnings ratio, CFR is valued a bit more expensive than 71.32% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.57, CFR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.85 | ||
| Fwd PE | 13.58 |
4.2 Price Multiples
84.75% of the companies in the same industry are cheaper than CFR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 546.02 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CFR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.15
PEG (5Y)2.6
EPS Next 2Y5.7%
EPS Next 3Y4.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.16%, CFR has a reasonable but not impressive dividend return.
CFR's Dividend Yield is a higher than the industry average which is at 2.78.
CFR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
5.2 History
The dividend of CFR has a limited annual growth rate of 5.72%.
CFR has been paying a dividend for at least 10 years, so it has 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
41.55% of the earnings are spent on dividend by CFR. This is a bit on the high side, but may be sustainable.
CFR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP41.55%
EPS Next 2Y5.7%
EPS Next 3Y4.54%
134.61
-0.43 (-0.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners92.23%
Inst Owner Change0%
Ins Owners0.75%
Ins Owner Change0.43%
Market Cap8.61B
Revenue(TTM)2.19B
Net Income(TTM)624.41M
Analysts65
Price Target141.56 (5.16%)
Short Float %3.69%
Short Ratio4.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
Yearly Dividend3.88
Dividend Growth(5Y)5.72%
DP41.55%
Div Incr Years31
Div Non Decr Years31
Ex-DateN/A
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%
PT rev (3m)0.67%
EPS NQ rev (1m)0.57%
EPS NQ rev (3m)3.92%
EPS NY rev (1m)0.01%
EPS NY rev (3m)4.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.85 | ||
| Fwd PE | 13.58 | ||
| P/S | 3.93 | ||
| P/FCF | 546.02 | ||
| P/OCF | 54.63 | ||
| P/B | 1.93 | ||
| P/tB | 1.93 | ||
| EV/EBITDA | N/A |
EPS(TTM)9.72
EY7.22%
EPS(NY)9.91
Fwd EY7.36%
FCF(TTM)0.25
FCFY0.18%
OCF(TTM)2.46
OCFY1.83%
SpS34.26
BVpS69.77
TBVpS69.77
PEG (NY)1.15
PEG (5Y)2.6
Graham Number123.52
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
WACC10.97%
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 Y12.04%
EPS Next 2Y5.7%
EPS Next 3Y4.54%
EPS Next 5Y4.15%
Revenue 1Y (TTM)-13.43%
Revenue growth 3Y14.59%
Revenue growth 5Y8.57%
Sales Q2Q%29.77%
Revenue Next Year8.2%
Revenue Next 2Y6.32%
Revenue Next 3Y5.69%
Revenue Next 5Y3.58%
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 for CFR stock?
ChartMill assigns a valuation rating of 2 / 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 is the financial health of CULLEN/FROST BANKERS INC (CFR) stock?
The financial health rating of CULLEN/FROST BANKERS INC (CFR) is 0 / 10.
How sustainable is the dividend of CULLEN/FROST BANKERS INC (CFR) stock?
The dividend rating of CULLEN/FROST BANKERS INC (CFR) is 6 / 10 and the dividend payout ratio is 41.55%.