NORTHFIELD BANCORP INC (NFBK)
US66611T1088 - Common Stock
We assign a fundamental rating of 3 out of 10 to NFBK. NFBK was compared to 406 industry peers in the Banks industry. NFBK may be in some trouble as it scores bad on both profitability and health. NFBK is quite expensive at the moment. It does show a decent growth rate. Finally NFBK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NFBK had positive earnings in the past year.
In the past year NFBK had a positive cash flow from operations.
Each year in the past 5 years NFBK has been profitable.
NFBK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NFBK's Return On Assets of 0.47% is on the low side compared to the rest of the industry. NFBK is outperformed by 74.50% of its industry peers.
NFBK has a Return On Equity of 3.85%. This is amonst the worse of the industry: NFBK underperforms 81.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 3.85% | ||
| ROIC | N/A |
ROA(3y)1.02%
ROA(5y)0.91%
ROE(3y)7.88%
ROE(5y)6.87%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NFBK has a Profit Margin (21.17%) which is in line with its industry peers.
In the last couple of years the Profit Margin of NFBK has declined.
The Operating Margin and Gross Margin are not available for NFBK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 21.17% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.75%
PM growth 5Y-3.88%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NFBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
NFBK has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NFBK has been reduced compared to 5 years ago.
The debt/assets ratio for NFBK has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of NFBK is 28.47, which is on the high side as it means it would take NFBK, 28.47 years of fcf income to pay off all of its debts.
NFBK's Debt to FCF ratio of 28.47 is on the low side compared to the rest of the industry. NFBK is outperformed by 78.71% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that NFBK has dependencies on debt financing.
NFBK has a worse Debt to Equity ratio (1.50) than 89.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 28.47 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.77%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for NFBK have decreased strongly by -34.69% in the last year.
The Earnings Per Share has been growing slightly by 0.23% on average over the past years.
NFBK shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.25%.
NFBK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.74% yearly.
EPS 1Y (TTM)-34.69%
EPS 3Y0.79%
EPS 5Y0.23%
EPS Q2Q%-15.79%
Revenue 1Y (TTM)-13.25%
Revenue growth 3Y-1.13%
Revenue growth 5Y2.74%
Sales Q2Q%-4.93%
3.2 Future
The Earnings Per Share is expected to grow by 13.41% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.40% on average over the next years.
EPS Next Y-25.67%
EPS Next 2Y6.02%
EPS Next 3Y13.41%
EPS Next 5YN/A
Revenue Next Year-11.26%
Revenue Next 2Y0.89%
Revenue Next 3Y4.4%
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
With a Price/Earnings ratio of 18.75, NFBK is valued on the expensive side.
74.75% of the companies in the same industry are cheaper than NFBK, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.73, NFBK is valued a bit cheaper.
The Price/Forward Earnings ratio is 12.41, which indicates a correct valuation of NFBK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NFBK is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of NFBK to the average of the S&P500 Index (22.83), we can say NFBK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.75 | ||
| Fwd PE | 12.41 |
4.2 Price Multiples
NFBK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.93 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NFBK's earnings are expected to grow with 13.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)80.06
EPS Next 2Y6.02%
EPS Next 3Y13.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.03%, NFBK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.02, NFBK pays a better dividend. On top of this NFBK pays more dividend than 82.67% of the companies listed in the same industry.
NFBK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.03% |
5.2 History
The dividend of NFBK has a limited annual growth rate of 5.50%.
NFBK has been paying a dividend for at least 10 years, so it has a reliable track record.
NFBK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.5%
Div Incr Years0
Div Non Decr Years12
5.3 Sustainability
NFBK pays out 81.69% of its income as dividend. This is not a sustainable payout ratio.
The dividend of NFBK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP81.69%
EPS Next 2Y6.02%
EPS Next 3Y13.41%
NORTHFIELD BANCORP INC
NASDAQ:NFBK (12/20/2024, 8:26:52 PM)
After market: 12 0 (0%)12
+0.07 (+0.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners57.19%
Inst Owner Change0.6%
Ins Owners5.5%
Ins Owner Change-0.03%
Market Cap514.80M
Analysts47.5
Price Target13.43 (11.92%)
Short Float %0.96%
Short Ratio2.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.03% |
Dividend Growth(5Y)5.5%
DP81.69%
Div Incr Years0
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.03%
Min EPS beat(2)-2.19%
Max EPS beat(2)0.12%
EPS beat(4)2
Avg EPS beat(4)2.5%
Min EPS beat(4)-2.19%
Max EPS beat(4)14.05%
EPS beat(8)3
Avg EPS beat(8)-1.68%
EPS beat(12)7
Avg EPS beat(12)2.27%
EPS beat(16)11
Avg EPS beat(16)9.26%
Revenue beat(2)1
Avg Revenue beat(2)-2.28%
Min Revenue beat(2)-4.67%
Max Revenue beat(2)0.11%
Revenue beat(4)1
Avg Revenue beat(4)-3.79%
Min Revenue beat(4)-5.7%
Max Revenue beat(4)0.11%
Revenue beat(8)2
Avg Revenue beat(8)-4.24%
Revenue beat(12)6
Avg Revenue beat(12)-0.88%
Revenue beat(16)10
Avg Revenue beat(16)2.79%
PT rev (1m)7.48%
PT rev (3m)8.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10%
EPS NY rev (1m)0%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.75 | ||
| Fwd PE | 12.41 | ||
| P/S | 4.05 | ||
| P/FCF | 13.93 | ||
| P/OCF | 13.07 | ||
| P/B | 0.74 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.64
EY5.33%
EPS(NY)0.97
Fwd EY8.06%
FCF(TTM)0.86
FCFY7.18%
OCF(TTM)0.92
OCFY7.65%
SpS2.96
BVpS16.31
TBVpS15.35
PEG (NY)N/A
PEG (5Y)80.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 3.85% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 21.17% | ||
| GM | N/A | ||
| FCFM | 29.07% |
ROA(3y)1.02%
ROA(5y)0.91%
ROE(3y)7.88%
ROE(5y)6.87%
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 3Y1.75%
PM growth 5Y-3.88%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 28.47 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 65.58% | ||
| Cap/Sales | 1.92% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 137.32% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC8.77%
ROIC/WACCN/A
Cap/Depr(3y)67.22%
Cap/Depr(5y)74.08%
Cap/Sales(3y)1.71%
Cap/Sales(5y)2.03%
Profit Quality(3y)112.2%
Profit Quality(5y)119.16%
High Growth Momentum
Growth
EPS 1Y (TTM)-34.69%
EPS 3Y0.79%
EPS 5Y0.23%
EPS Q2Q%-15.79%
EPS Next Y-25.67%
EPS Next 2Y6.02%
EPS Next 3Y13.41%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.25%
Revenue growth 3Y-1.13%
Revenue growth 5Y2.74%
Sales Q2Q%-4.93%
Revenue Next Year-11.26%
Revenue Next 2Y0.89%
Revenue Next 3Y4.4%
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-52.1%
FCF growth 3Y-5.96%
FCF growth 5Y-2.77%
OCF growth 1Y-50.58%
OCF growth 3Y-5.25%
OCF growth 5Y-2.31%