FLUSHING FINANCIAL CORP (FFIC) Stock Fundamental Analysis
USA - NASDAQ:FFIC - US3438731057 - Common Stock
14.39 USD
+0.45 (+3.23%)
14.4289 USD
+0.04 (+0.27%)
We assign a fundamental rating of 3 out of 10 to FFIC. FFIC was compared to 392 industry peers in the Banks industry. FFIC has a bad profitability rating. Also its financial health evaluation is rather negative. FFIC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
FFIC had positive earnings in the past year.
In the past year FFIC had a positive cash flow from operations.
Of the past 5 years FFIC 4 years were profitable.
FFIC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -0.50%, FFIC is not doing good in the industry: 93.88% of the companies in the same industry are doing better.
The Return On Equity of FFIC (-6.38%) is worse than 94.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.5% | ||
| ROE | -6.38% | ||
| ROIC | N/A |
ROA(3y)0.3%
ROA(5y)0.47%
ROE(3y)3.77%
ROE(5y)5.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FFIC does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FFIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FFIC has been increased compared to 1 year ago.
Compared to 5 years ago, FFIC has more shares outstanding
Compared to 1 year ago, FFIC has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of FFIC is 10.92, which is on the high side as it means it would take FFIC, 10.92 years of fcf income to pay off all of its debts.
FFIC has a Debt to FCF ratio of 10.92. This is in the lower half of the industry: FFIC underperforms 77.04% of its industry peers.
FFIC has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.34, FFIC is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 10.92 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.12%
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 104.49% over the past year.
Measured over the past years, FFIC shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.13% on average per year.
FFIC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -38.25%.
The Revenue has been decreasing by -6.18% on average over the past years.
EPS 1Y (TTM)104.49%
EPS 3Y-14.82%
EPS 5Y-0.13%
EPS Q2Q%77.78%
Revenue 1Y (TTM)-38.25%
Revenue growth 3Y-20.9%
Revenue growth 5Y-6.18%
Sales Q2Q%35.1%
3.2 Future
FFIC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.07% yearly.
The Revenue is expected to grow by 24.82% on average over the next years. This is a very strong growth
EPS Next Y-23.71%
EPS Next 2Y-3.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year47.34%
Revenue Next 2Y24.82%
Revenue Next 3YN/A
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
The Price/Earnings ratio is 7.91, which indicates a rather cheap valuation of FFIC.
Based on the Price/Earnings ratio, FFIC is valued cheaper than 94.64% of the companies in the same industry.
FFIC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
Based on the Price/Forward Earnings ratio of 9.75, the valuation of FFIC can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FFIC indicates a somewhat cheap valuation: FFIC is cheaper than 65.31% of the companies listed in the same industry.
FFIC is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 9.75 |
4.2 Price Multiples
70.41% of the companies in the same industry are cheaper than FFIC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.33 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as FFIC's earnings are expected to decrease with -3.07% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.07%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.23%, FFIC is a good candidate for dividend investing.
FFIC's Dividend Yield is rather good when compared to the industry average which is at 3.73. FFIC pays more dividend than 85.20% of the companies in the same industry.
FFIC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.23% |
5.2 History
The dividend of FFIC decreases each year by -0.62%.
FFIC has been paying a dividend for at least 10 years, so it has a reliable track record.
FFIC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.62%
Div Incr Years0
Div Non Decr Years28
5.3 Sustainability
The earnings of FFIC are negative and hence is the payout ratio. FFIC will probably not be able to sustain this dividend level.
The Dividend Rate of FFIC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP-60.32%
EPS Next 2Y-3.07%
EPS Next 3YN/A
14.39
+0.45 (+3.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners72.34%
Inst Owner Change2.19%
Ins Owners4.33%
Ins Owner Change-0.03%
Market Cap486.09M
Analysts76
Price Target14.03 (-2.5%)
Short Float %1.48%
Short Ratio1.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.23% |
Yearly Dividend0.83
Dividend Growth(5Y)-0.62%
DP-60.32%
Div Incr Years0
Div Non Decr Years28
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)173.46%
Min EPS beat(2)8.02%
Max EPS beat(2)338.91%
EPS beat(4)3
Avg EPS beat(4)100.87%
Min EPS beat(4)-2.23%
Max EPS beat(4)338.91%
EPS beat(8)6
Avg EPS beat(8)59.88%
EPS beat(12)8
Avg EPS beat(12)36.75%
EPS beat(16)10
Avg EPS beat(16)27.91%
Revenue beat(2)1
Avg Revenue beat(2)-98.48%
Min Revenue beat(2)-199.73%
Max Revenue beat(2)2.78%
Revenue beat(4)2
Avg Revenue beat(4)-48.3%
Min Revenue beat(4)-199.73%
Max Revenue beat(4)6.08%
Revenue beat(8)5
Avg Revenue beat(8)-23.56%
Revenue beat(12)7
Avg Revenue beat(12)-17.12%
Revenue beat(16)7
Avg Revenue beat(16)-14.24%
PT rev (1m)0%
PT rev (3m)-2.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.15%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)-1.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.96%
Revenue NY rev (1m)1.49%
Revenue NY rev (3m)0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 9.75 | ||
| P/S | 3.54 | ||
| P/FCF | 22.33 | ||
| P/OCF | 19.07 | ||
| P/B | 0.69 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.82
EY12.65%
EPS(NY)1.48
Fwd EY10.25%
FCF(TTM)0.64
FCFY4.48%
OCF(TTM)0.75
OCFY5.24%
SpS4.06
BVpS20.81
TBVpS20.78
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.5% | ||
| ROE | -6.38% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 15.87% |
ROA(3y)0.3%
ROA(5y)0.47%
ROE(3y)3.77%
ROE(5y)5.79%
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 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 10.92 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 61.62% | ||
| Cap/Sales | 2.72% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC19.12%
ROIC/WACCN/A
Cap/Depr(3y)63.24%
Cap/Depr(5y)56.34%
Cap/Sales(3y)2.1%
Cap/Sales(5y)1.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)104.49%
EPS 3Y-14.82%
EPS 5Y-0.13%
EPS Q2Q%77.78%
EPS Next Y-23.71%
EPS Next 2Y-3.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-38.25%
Revenue growth 3Y-20.9%
Revenue growth 5Y-6.18%
Sales Q2Q%35.1%
Revenue Next Year47.34%
Revenue Next 2Y24.82%
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-27.34%
FCF growth 3Y-50.82%
FCF growth 5Y-29.87%
OCF growth 1Y-26.66%
OCF growth 3Y-48.06%
OCF growth 5Y-27.91%