RAYMOND JAMES FINANCIAL INC (RJF) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RJF - US7547301090 - Common Stock
154.54 USD
+1.39 (+0.91%)
154.54 USD
0 (0%)
Overall RJF gets a fundamental rating of 4 out of 10. We evaluated RJF against 237 industry peers in the Capital Markets industry. RJF has a medium profitability rating, but doesn't score so well on its financial health evaluation. RJF is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
RJF had positive earnings in the past year.
In the past year RJF had a positive cash flow from operations.
In the past 5 years RJF has always been profitable.
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 has a Return On Assets (2.51%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 17.33%, RJF belongs to the top of the industry, outperforming 83.97% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.94%, RJF is in line with its industry, outperforming 42.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 17.33% | ||
| ROIC | 2.94% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
RJF's Profit Margin of 13.51% is in line compared 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 grown nicely.
RJF has a Operating Margin (17.70%) which is in line with its industry peers.
In the last couple of years the Operating Margin of RJF has remained more or less at the same level.
Looking at the Gross Margin, with a value of 85.42%, RJF belongs to the top of the industry, outperforming 90.30% of the companies in the same industry.
RJF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.7% | ||
| PM (TTM) | 13.51% | ||
| GM | 85.42% |
OM growth 3Y-3.18%
OM growth 5Y1.22%
PM growth 3Y0.21%
PM growth 5Y5.97%
GM growth 3Y-3.22%
GM growth 5Y-2.06%
2. Health
2.1 Basic Checks
There is no outstanding debt for RJF. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 0.04, we must say that RJF is in the distress zone and has some risk of bankruptcy.
RJF's Altman-Z score of 0.04 is on the low side compared to the rest of the industry. RJF is outperformed by 74.26% 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.
With a Debt to FCF ratio value of 31.23, RJF perfoms like the industry average, outperforming 48.52% of the companies in the same industry.
A Debt/Equity ratio of 4.98 is on the high side and indicates that RJF has dependencies on debt financing.
RJF has a worse Debt to Equity ratio (4.98) than 85.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.98 | ||
| Debt/FCF | 31.23 | ||
| Altman-Z | 0.04 |
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.
RJF has a Current ratio of 0.26. This is amonst the worse of the industry: RJF underperforms 84.81% of its industry peers.
A Quick Ratio of 0.26 indicates that RJF may have some problems paying its short term obligations.
RJF has a worse Quick ratio (0.26) than 84.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.87% over the past year.
The Earnings Per Share has been growing by 21.21% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 6.63% in the past year.
The Revenue has been growing by 14.27% on average over the past years. This is quite good.
EPS 1Y (TTM)5.87%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%5.42%
Revenue 1Y (TTM)6.63%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%7.65%
3.2 Future
The Earnings Per Share is expected to grow by 12.71% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.37% on average over the next years.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.52, which indicates a correct valuation of RJF.
RJF's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.98. RJF is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 12.70, RJF is valued correctly.
RJF's Price/Forward Earnings ratio is in line with the industry average.
RJF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.52 | ||
| Fwd PE | 12.7 |
4.2 Price Multiples
RJF's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. RJF is cheaper than 89.45% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RJF indicates a somewhat cheap valuation: RJF is cheaper than 61.60% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.77 | ||
| EV/EBITDA | 8.15 |
4.3 Compensation for Growth
RJF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
RJF's earnings are expected to grow with 14.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.01
PEG (5Y)0.68
EPS Next 2Y13.68%
EPS Next 3Y14.73%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.32%, RJF has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 8.60, RJF is paying slightly less dividend.
With a Dividend Yield of 1.32, RJF pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
On average, the dividend of RJF grows each year by 6.69%, which is quite nice.
RJF has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of RJF decreased recently.
Dividend Growth(5Y)6.69%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
RJF pays out 19.25% of its income as dividend. This is a sustainable payout ratio.
RJF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP19.25%
EPS Next 2Y13.68%
EPS Next 3Y14.73%
154.54
+1.39 (+0.91%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners79.26%
Inst Owner Change-2.06%
Ins Owners0.52%
Ins Owner Change-0.06%
Market Cap30.81B
Revenue(TTM)15.91B
Net Income(TTM)2.13B
Analysts70.53
Price Target190.66 (23.37%)
Short Float %4.15%
Short Ratio6.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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)5.22%
PT rev (3m)5.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.61%
EPS NY rev (1m)2.77%
EPS NY rev (3m)3.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.3%
Revenue NY rev (1m)2.32%
Revenue NY rev (3m)3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.52 | ||
| Fwd PE | 12.7 | ||
| P/S | 1.96 | ||
| P/FCF | 15.77 | ||
| P/OCF | 14.34 | ||
| P/B | 2.51 | ||
| P/tB | 2.96 | ||
| EV/EBITDA | 8.15 |
EPS(TTM)10.64
EY6.88%
EPS(NY)12.17
Fwd EY7.88%
FCF(TTM)9.8
FCFY6.34%
OCF(TTM)10.77
OCFY6.97%
SpS78.87
BVpS61.49
TBVpS52.16
PEG (NY)1.01
PEG (5Y)0.68
Graham Number121.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 17.33% | ||
| ROCE | 17.1% | ||
| ROIC | 2.94% | ||
| ROICexc | 3.35% | ||
| ROICexgc | 3.48% | ||
| OM | 17.7% | ||
| PM (TTM) | 13.51% | ||
| GM | 85.42% | ||
| FCFM | 12.43% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-3.18%
OM growth 5Y1.22%
PM growth 3Y0.21%
PM growth 5Y5.97%
GM growth 3Y-3.22%
GM growth 5Y-2.06%
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 | 0.04 |
F-Score8
WACCN/A
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)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)6.63%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
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 3Y8.49%
EBIT growth 5Y15.67%
EBIT Next Year5.83%
EBIT Next 3Y10.83%
EBIT Next 5Y9.54%
FCF growth 1Y4.32%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.32%
OCF growth 3YN/A
OCF growth 5YN/A
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 14.52 and the Price/Book (PB) ratio is 2.51.
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%.