RAYMOND JAMES FINANCIAL INC (RJF) Stock Fundamental Analysis
USA - NYSE:RJF - US7547301090 - Common Stock
163.11 USD
+2.28 (+1.42%)
163.11 USD
0 (0%)
Taking everything into account, RJF scores 3 out of 10 in our fundamental rating. RJF was compared to 237 industry peers in the Capital Markets industry. There are concerns on the financial health of RJF while its profitability can be described as average. RJF is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
RJF had positive earnings in the past year.
RJF had a positive operating cash flow in the past year.
RJF had positive earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: RJF reported negative operating cash flow in multiple years.
1.2 Ratios
RJF's Return On Assets of 2.51% is in line compared to the rest of the industry. RJF outperforms 46.41% of its industry peers.
With an excellent Return On Equity value of 17.33%, RJF belongs to the best of the industry, outperforming 83.54% of the companies in the same industry.
RJF has a Return On Invested Capital of 2.89%. This is comparable to the rest of the industry: RJF outperforms 41.35% of its industry peers.
RJF had an Average Return On Invested Capital over the past 3 years of 2.70%. This is below the industry average of 7.63%.
The last Return On Invested Capital (2.89%) for RJF is above the 3 year average (2.70%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 17.33% | ||
| ROIC | 2.89% |
ROA(3y)2.18%
ROA(5y)2.11%
ROE(3y)16.81%
ROE(5y)15.79%
ROIC(3y)2.7%
ROIC(5y)2.83%
1.3 Margins
RJF has a Profit Margin of 13.51%. This is comparable to the rest of the industry: RJF outperforms 48.10% of its industry peers.
In the last couple of years the Profit Margin of RJF has remained more or less at the same level.
Looking at the Operating Margin, with a value of 17.70%, RJF is in line with its industry, outperforming 40.51% of the companies in the same industry.
RJF's Operating Margin has been stable in the last couple of years.
The Gross Margin of RJF (85.42%) is better than 90.30% of its industry peers.
In the last couple of years the Gross Margin of RJF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.7% | ||
| PM (TTM) | 13.51% | ||
| GM | 85.42% |
OM growth 3Y-1.98%
OM growth 5Y0.99%
PM growth 3Y-0.85%
PM growth 5Y1.41%
GM growth 3Y-4.48%
GM growth 5Y-2.34%
2. Health
2.1 Basic Checks
RJF has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 0.06, we must say that RJF is in the distress zone and has some risk of bankruptcy.
RJF has a Altman-Z score of 0.06. This is in the lower half of the industry: RJF underperforms 74.68% of its industry peers.
RJF has a debt to FCF ratio of 31.23. This is a negative value and a sign of low solvency as RJF would need 31.23 years to pay back of all of its debts.
RJF has a Debt to FCF ratio (31.23) which is in line with its industry peers.
RJF has a Debt/Equity ratio of 4.98. This is a high value indicating a heavy dependency on external financing.
RJF has a Debt to Equity ratio of 4.98. This is amonst the worse of the industry: RJF underperforms 86.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.98 | ||
| Debt/FCF | 31.23 | ||
| Altman-Z | 0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.26 indicates that RJF may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.26, RJF is doing worse than 85.65% of the companies in the same industry.
A Quick Ratio of 0.26 indicates that RJF may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.26, RJF is doing worse than 85.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
RJF shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.87%.
Measured over the past years, RJF shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.21% on average per year.
EPS 1Y (TTM)5.87%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%5.42%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.65%
3.2 Future
Based on estimates for the next years, RJF will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.71% on average per year.
Based on estimates for the next years, RJF will show a small growth in Revenue. The Revenue will grow by 7.37% on average per year.
EPS Next Y14.39%
EPS Next 2Y13.68%
EPS Next 3Y14.73%
EPS Next 5Y12.71%
Revenue Next Year11.35%
Revenue Next 2Y9.57%
Revenue Next 3Y9.44%
Revenue Next 5Y7.37%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.33 indicates a correct valuation of RJF.
Compared to the rest of the industry, the Price/Earnings ratio of RJF is on the same level as its industry peers.
RJF's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.06.
With a Price/Forward Earnings ratio of 13.40, RJF is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as RJF.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, RJF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.33 | ||
| Fwd PE | 13.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RJF is valued cheaper than 88.61% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, RJF is valued a bit cheaper than 61.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.64 | ||
| EV/EBITDA | 8.81 |
4.3 Compensation for Growth
RJF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as RJF's earnings are expected to grow with 14.73% in the coming years.
PEG (NY)1.06
PEG (5Y)0.72
EPS Next 2Y13.68%
EPS Next 3Y14.73%
5. Dividend
5.1 Amount
RJF has a Yearly Dividend Yield of 1.24%.
Compared to an average industry Dividend Yield of 8.49, RJF is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.37, RJF's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
The dividend of RJF is nicely growing with an annual growth rate of 6.69%!
RJF has been paying a dividend for at least 10 years, so it has a reliable track record.
RJF has decreased its dividend recently.
Dividend Growth(5Y)6.69%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
19.25% of the earnings are spent on dividend by RJF. This is a low number and sustainable payout ratio.
The dividend of RJF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP19.25%
EPS Next 2Y13.68%
EPS Next 3Y14.73%
163.11
+2.28 (+1.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners79.26%
Inst Owner Change-1.74%
Ins Owners0.52%
Ins Owner Change-0.04%
Market Cap32.52B
Revenue(TTM)N/A
Net Income(TTM)2.13B
Analysts70.53
Price Target190.57 (16.84%)
Short Float %3.88%
Short Ratio5.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Yearly Dividend1.86
Dividend Growth(5Y)6.69%
DP19.25%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.13%
Min EPS beat(2)-8.41%
Max EPS beat(2)-1.85%
EPS beat(4)2
Avg EPS beat(4)4.68%
Min EPS beat(4)-8.41%
Max EPS beat(4)21.01%
EPS beat(8)4
Avg EPS beat(8)2.19%
EPS beat(12)5
Avg EPS beat(12)-0.42%
EPS beat(16)7
Avg EPS beat(16)1.47%
Revenue beat(2)0
Avg Revenue beat(2)-0.9%
Min Revenue beat(2)-1.59%
Max Revenue beat(2)-0.21%
Revenue beat(4)2
Avg Revenue beat(4)0.58%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)3.25%
Revenue beat(8)3
Avg Revenue beat(8)-0.35%
Revenue beat(12)5
Avg Revenue beat(12)0.64%
Revenue beat(16)9
Avg Revenue beat(16)1.51%
PT rev (1m)5.18%
PT rev (3m)5.72%
EPS NQ rev (1m)3.93%
EPS NQ rev (3m)4.61%
EPS NY rev (1m)0.83%
EPS NY rev (3m)-0.04%
Revenue NQ rev (1m)0.25%
Revenue NQ rev (3m)0.3%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.33 | ||
| Fwd PE | 13.4 | ||
| P/S | 2.07 | ||
| P/FCF | 16.64 | ||
| P/OCF | 15.14 | ||
| P/B | 2.65 | ||
| P/tB | 3.13 | ||
| EV/EBITDA | 8.81 |
EPS(TTM)10.64
EY6.52%
EPS(NY)12.17
Fwd EY7.46%
FCF(TTM)9.8
FCFY6.01%
OCF(TTM)10.77
OCFY6.6%
SpS78.87
BVpS61.49
TBVpS52.16
PEG (NY)1.06
PEG (5Y)0.72
Graham Number121.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 17.33% | ||
| ROCE | 17.1% | ||
| ROIC | 2.89% | ||
| ROICexc | 3.3% | ||
| ROICexgc | 3.43% | ||
| OM | 17.7% | ||
| PM (TTM) | 13.51% | ||
| GM | 85.42% | ||
| FCFM | 12.43% |
ROA(3y)2.18%
ROA(5y)2.11%
ROE(3y)16.81%
ROE(5y)15.79%
ROIC(3y)2.7%
ROIC(5y)2.83%
ROICexc(3y)3.1%
ROICexc(5y)3.29%
ROICexgc(3y)3.24%
ROICexgc(5y)3.43%
ROCE(3y)16.29%
ROCE(5y)15.56%
ROICexgc growth 3Y-5.07%
ROICexgc growth 5Y-2.05%
ROICexc growth 3Y-5.21%
ROICexc growth 5Y-2.1%
OM growth 3Y-1.98%
OM growth 5Y0.99%
PM growth 3Y-0.85%
PM growth 5Y1.41%
GM growth 3Y-4.48%
GM growth 5Y-2.34%
F-Score8
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.98 | ||
| Debt/FCF | 31.23 | ||
| Debt/EBITDA | 20.52 | ||
| Cap/Depr | 102.11% | ||
| Cap/Sales | 1.23% | ||
| Interest Coverage | 1.44 | ||
| Cash Conversion | 72.23% | ||
| Profit Quality | 91.95% | ||
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 0.06 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)94.04%
Cap/Depr(5y)88.31%
Cap/Sales(3y)1.17%
Cap/Sales(5y)1.15%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.87%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%5.42%
EPS Next Y14.39%
EPS Next 2Y13.68%
EPS Next 3Y14.73%
EPS Next 5Y12.71%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.65%
Revenue Next Year11.35%
Revenue Next 2Y9.57%
Revenue Next 3Y9.44%
Revenue Next 5Y7.37%
EBIT growth 1Y8.79%
EBIT growth 3Y12.35%
EBIT growth 5Y14.33%
EBIT Next Year-15.86%
EBIT Next 3Y-0.6%
EBIT Next 5Y4%
FCF growth 1Y122.75%
FCF growth 3Y-33.31%
FCF growth 5Y34.75%
OCF growth 1Y125.43%
OCF growth 3Y-31.3%
OCF growth 5Y30.15%
RAYMOND JAMES FINANCIAL INC / RJF FAQ
What is the ChartMill fundamental rating of RAYMOND JAMES FINANCIAL INC (RJF) stock?
ChartMill assigns a fundamental rating of 4 / 10 to RJF.
What is the valuation status for RJF stock?
ChartMill assigns a valuation rating of 5 / 10 to RAYMOND JAMES FINANCIAL INC (RJF). This can be considered as Fairly Valued.
Can you provide the profitability details for RAYMOND JAMES FINANCIAL INC?
RAYMOND JAMES FINANCIAL INC (RJF) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for RJF stock?
The Price/Earnings (PE) ratio for RAYMOND JAMES FINANCIAL INC (RJF) is 15.33 and the Price/Book (PB) ratio is 2.65.
Is the dividend of RAYMOND JAMES FINANCIAL INC sustainable?
The dividend rating of RAYMOND JAMES FINANCIAL INC (RJF) is 5 / 10 and the dividend payout ratio is 19.25%.