NORTHFIELD BANCORP INC (NFBK) Stock Fundamental Analysis
NASDAQ:NFBK - Nasdaq - US66611T1088 - Common Stock - Currency: USD
Overall NFBK gets a fundamental rating of 3 out of 10. We evaluated NFBK against 405 industry peers in the Banks industry. NFBK may be in some trouble as it scores bad on both profitability and health. NFBK has a correct valuation and a medium growth rate. NFBK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NFBK was profitable.
NFBK had a positive operating cash flow in the past year.
NFBK had positive earnings in each of the past 5 years.
NFBK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.47%, NFBK is not doing good in the industry: 75.94% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 3.85%, NFBK is doing worse than 82.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 3.85% | ||
| ROIC | N/A |
ROA(3y)0.76%
ROA(5y)0.85%
ROE(3y)6.12%
ROE(5y)6.56%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NFBK has a Profit Margin of 21.17%. This is comparable to the rest of the industry: NFBK outperforms 42.86% of 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 3Y-18.13%
PM growth 5Y-6.41%
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.
NFBK has less shares outstanding than it did 5 years ago.
NFBK has a worse debt/assets ratio than last year.
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 has a Debt to FCF ratio of 28.47. This is in the lower half of the industry: NFBK underperforms 77.94% 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 Debt to Equity ratio of 1.50. This is amonst the worse of the industry: NFBK underperforms 89.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 28.47 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.86%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
NFBK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.58%.
Measured over the past years, NFBK shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.52% on average per year.
Looking at the last year, NFBK shows a decrease in Revenue. The Revenue has decreased by -3.85% in the last year.
The Revenue has been growing slightly by 0.73% on average over the past years.
EPS 1Y (TTM)-25.58%
EPS 3Y-23.86%
EPS 5Y-5.52%
EPS Q2Q%0%
Revenue 1Y (TTM)-3.85%
Revenue growth 3Y-8.27%
Revenue growth 5Y0.73%
Sales Q2Q%2.65%
3.2 Future
NFBK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.41% yearly.
NFBK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.92% yearly.
EPS Next Y34.35%
EPS Next 2Y38.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.18%
Revenue Next 2Y15.92%
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 accelerating.
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 17.69, NFBK is valued on the expensive side.
Based on the Price/Earnings ratio, NFBK is valued a bit more expensive than 75.44% of the companies in the same industry.
NFBK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.53.
A Price/Forward Earnings ratio of 13.16 indicates a correct valuation of NFBK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NFBK indicates a slightly more expensive valuation: NFBK is more expensive than 62.66% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of NFBK to the average of the S&P500 Index (22.65), we can say NFBK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.69 | ||
| Fwd PE | 13.16 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NFBK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.14 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NFBK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NFBK's earnings are expected to grow with 38.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.51
PEG (5Y)N/A
EPS Next 2Y38.41%
EPS Next 3YN/A
5. Dividend
5.1 Amount
NFBK has a Yearly Dividend Yield of 4.47%, which is a nice return.
NFBK's Dividend Yield is rather good when compared to the industry average which is at 3.19. NFBK pays more dividend than 85.46% of the companies in the same industry.
NFBK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.47% |
5.2 History
The dividend of NFBK has a limited annual growth rate of 5.50%.
NFBK has paid a dividend for at least 10 years, which is a reliable track record.
NFBK has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.5%
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 2Y38.41%
EPS Next 3YN/A
11.32
-0.06 (-0.53%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners58.03%
Inst Owner Change-94.83%
Ins Owners4.62%
Ins Owner Change1.98%
Market Cap485.63M
Analysts47.5
Price Target13.6 (20.14%)
Short Float %0.83%
Short Ratio1.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.47% |
Yearly Dividend0.5
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)-5.33%
PT rev (3m)8.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-11.04%
EPS NY rev (3m)-11.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)2.17%
Revenue NY rev (3m)1.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.69 | ||
| Fwd PE | 13.16 | ||
| P/S | 3.82 | ||
| P/FCF | 13.14 | ||
| P/OCF | 12.33 | ||
| P/B | 0.69 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.64
EY5.65%
EPS(NY)0.86
Fwd EY7.6%
FCF(TTM)0.86
FCFY7.61%
OCF(TTM)0.92
OCFY8.11%
SpS2.96
BVpS16.31
TBVpS15.35
PEG (NY)0.51
PEG (5Y)N/A
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)0.76%
ROA(5y)0.85%
ROE(3y)6.12%
ROE(5y)6.56%
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-18.13%
PM growth 5Y-6.41%
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 | 33.84% | ||
| 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
WACC8.86%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.58%
EPS 3Y-23.86%
EPS 5Y-5.52%
EPS Q2Q%0%
EPS Next Y34.35%
EPS Next 2Y38.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.85%
Revenue growth 3Y-8.27%
Revenue growth 5Y0.73%
Sales Q2Q%2.65%
Revenue Next Year16.18%
Revenue Next 2Y15.92%
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-33.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-31.66%
OCF growth 3YN/A
OCF growth 5YN/A