NORTHFIELD BANCORP INC (NFBK) Stock Fundamental Analysis
NASDAQ:NFBK - Nasdaq - US66611T1088 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to NFBK. NFBK was compared to 398 industry peers in the Banks industry. NFBK may be in some trouble as it scores bad on both profitability and health. NFBK has a decent growth rate and is not valued too expensively. Finally 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.
In the past 5 years NFBK has always been profitable.
In the past 5 years NFBK always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of NFBK (0.53%) is worse than 72.36% of its industry peers.
The Return On Equity of NFBK (4.25%) is worse than 80.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.53% | ||
| ROE | 4.25% | ||
| 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 (22.81%) 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) | 22.81% | ||
| 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.
The number of shares outstanding for NFBK has been reduced compared to 1 year ago.
The number of shares outstanding for NFBK has been reduced compared to 5 years ago.
NFBK has a better debt/assets ratio than last year.
2.2 Solvency
NFBK has a debt to FCF ratio of 24.30. This is a negative value and a sign of low solvency as NFBK would need 24.30 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 24.30, NFBK is doing worse than 81.91% of the companies in the same industry.
NFBK has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
NFBK has a worse Debt to Equity ratio (1.03) than 85.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 24.3 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.67%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
NFBK shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.33%.
NFBK shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.52% yearly.
The Revenue has decreased by -3.85% in the past year.
Measured over the past years, NFBK shows a small growth in Revenue. The Revenue has been growing by 0.73% on average per year.
EPS 1Y (TTM)-9.33%
EPS 3Y-23.86%
EPS 5Y-5.52%
EPS Q2Q%26.67%
Revenue 1Y (TTM)-3.85%
Revenue growth 3Y-8.27%
Revenue growth 5Y0.73%
Sales Q2Q%24.84%
3.2 Future
Based on estimates for the next years, NFBK will show a very strong growth in Earnings Per Share. The EPS will grow by 38.41% on average per year.
The Revenue is expected to grow by 17.67% on average over the next years. This is quite good.
EPS Next Y34.35%
EPS Next 2Y38.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.16%
Revenue Next 2Y17.67%
Revenue Next 3YN/A
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.
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 14.79, which indicates a correct valuation of NFBK.
Based on the Price/Earnings ratio, NFBK is valued a bit more expensive than 67.59% 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 28.92.
A Price/Forward Earnings ratio of 8.21 indicates a reasonable valuation of NFBK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NFBK indicates a somewhat cheap valuation: NFBK is cheaper than 78.64% of the companies listed in the same industry.
NFBK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.79 | ||
| Fwd PE | 8.21 |
4.2 Price Multiples
NFBK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.34 | ||
| 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)0.43
PEG (5Y)N/A
EPS Next 2Y38.41%
EPS Next 3YN/A
5. Dividend
5.1 Amount
NFBK has a Yearly Dividend Yield of 5.22%, which is a nice return.
NFBK's Dividend Yield is rather good when compared to the industry average which is at 3.63. NFBK pays more dividend than 85.93% of the companies in the same industry.
NFBK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.22% |
5.2 History
The dividend of NFBK has a limited annual growth rate of 4.08%.
NFBK has been paying a dividend for at least 10 years, so it has 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)4.08%
Div Incr Years0
Div Non Decr Years12
5.3 Sustainability
NFBK pays out 72.89% 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.
DP72.89%
EPS Next 2Y38.41%
EPS Next 3YN/A
10.06
+0.12 (+1.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners58.03%
Inst Owner Change-0.07%
Ins Owners4.62%
Ins Owner Change2.01%
Market Cap429.36M
Analysts47.5
Price Target12.75 (26.74%)
Short Float %0.87%
Short Ratio1.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.22% |
Yearly Dividend0.5
Dividend Growth(5Y)4.08%
DP72.89%
Div Incr Years0
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.8%
Min EPS beat(2)0.12%
Max EPS beat(2)3.49%
EPS beat(4)2
Avg EPS beat(4)-0.14%
Min EPS beat(4)-2.19%
Max EPS beat(4)3.49%
EPS beat(8)4
Avg EPS beat(8)0.56%
EPS beat(12)7
Avg EPS beat(12)1.93%
EPS beat(16)11
Avg EPS beat(16)6.84%
Revenue beat(2)1
Avg Revenue beat(2)-2.26%
Min Revenue beat(2)-4.67%
Max Revenue beat(2)0.16%
Revenue beat(4)2
Avg Revenue beat(4)-2.53%
Min Revenue beat(4)-5.7%
Max Revenue beat(4)0.16%
Revenue beat(8)2
Avg Revenue beat(8)-4.29%
Revenue beat(12)6
Avg Revenue beat(12)-1.63%
Revenue beat(16)10
Avg Revenue beat(16)1.55%
PT rev (1m)-2.5%
PT rev (3m)-7.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.04%
Revenue NQ rev (1m)3.62%
Revenue NQ rev (3m)8.35%
Revenue NY rev (1m)3.42%
Revenue NY rev (3m)5.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.79 | ||
| Fwd PE | 8.21 | ||
| P/S | 3.27 | ||
| P/FCF | 14.34 | ||
| P/OCF | 13.8 | ||
| P/B | 0.61 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.68
EY6.76%
EPS(NY)1.23
Fwd EY12.19%
FCF(TTM)0.7
FCFY6.98%
OCF(TTM)0.73
OCFY7.24%
SpS3.08
BVpS16.51
TBVpS15.55
PEG (NY)0.43
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.53% | ||
| ROE | 4.25% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.81% | ||
| GM | N/A | ||
| FCFM | 22.81% |
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 | 1.03 | ||
| Debt/FCF | 24.3 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 13.91% | ||
| Cap/Sales | 0.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 100.02% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC11.67%
ROIC/WACCN/A
Cap/Depr(3y)40.97%
Cap/Depr(5y)47.49%
Cap/Sales(3y)1.68%
Cap/Sales(5y)1.64%
Profit Quality(3y)115.78%
Profit Quality(5y)115.52%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.33%
EPS 3Y-23.86%
EPS 5Y-5.52%
EPS Q2Q%26.67%
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%24.84%
Revenue Next Year20.16%
Revenue Next 2Y17.67%
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-30.93%
FCF growth 3Y-22%
FCF growth 5Y-8.82%
OCF growth 1Y-33.78%
OCF growth 3Y-21.69%
OCF growth 5Y-9.47%