RAYMOND JAMES FINANCIAL INC (RJF) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RJF - US7547301090 - Common Stock
167.71 USD
-0.67 (-0.4%)
167.71 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to RJF. RJF was compared to 235 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year RJF was profitable.
RJF had a positive operating cash flow in the past year.
RJF had positive earnings in each of the past 5 years.
RJF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
RJF has a Return On Assets (2.41%) which is comparable to the rest of the industry.
RJF's Return On Equity of 17.01% is amongst the best of the industry. RJF outperforms 81.28% of its industry peers.
With a Return On Invested Capital value of 2.79%, RJF perfoms like the industry average, outperforming 40.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for RJF is below the industry average of 7.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 17.01% | ||
| ROIC | 2.79% |
ROA(3y)2.37%
ROA(5y)2.24%
ROE(3y)17.19%
ROE(5y)16.89%
ROIC(3y)2.81%
ROIC(5y)2.88%
1.3 Margins
Looking at the Profit Margin, with a value of 13.37%, RJF is in line with its industry, outperforming 48.51% of the companies in the same industry.
In the last couple of years the Profit Margin of RJF has grown nicely.
RJF has a Operating Margin (17.41%) which is comparable to the rest of the industry.
RJF's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 86.03%, RJF belongs to the top of the industry, outperforming 91.49% of the companies in the same industry.
RJF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.41% | ||
| PM (TTM) | 13.37% | ||
| GM | 86.03% |
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
The number of shares outstanding for RJF has been increased compared to 1 year ago.
The number of shares outstanding for RJF has been increased compared to 5 years ago.
RJF has a worse debt/assets ratio than last year.
2.2 Solvency
RJF has an Altman-Z score of 0.07. This is a bad value and indicates that RJF is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.07, RJF is doing worse than 71.49% of the companies in the same industry.
RJF has a debt to FCF ratio of 28.60. This is a negative value and a sign of low solvency as RJF would need 28.60 years to pay back of all of its debts.
With a Debt to FCF ratio value of 28.60, RJF perfoms like the industry average, outperforming 51.06% of the companies in the same industry.
A Debt/Equity ratio of 5.14 is on the high side and indicates that RJF has dependencies on debt financing.
RJF's Debt to Equity ratio of 5.14 is on the low side compared to the rest of the industry. RJF is outperformed by 82.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.14 | ||
| Debt/FCF | 28.6 | ||
| Altman-Z | 0.07 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.28 indicates that RJF may have some problems paying its short term obligations.
RJF's Current ratio of 0.28 is on the low side compared to the rest of the industry. RJF is outperformed by 82.55% of its industry peers.
RJF has a Quick Ratio of 0.28. This is a bad value and indicates that RJF is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.28, RJF is not doing good in the industry: 82.55% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
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%.
The Earnings Per Share has been growing by 21.21% on average over the past years. This is a very strong growth
Looking at the last year, RJF shows a small growth in Revenue. The Revenue has grown by 6.63% in the last year.
RJF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.27% yearly.
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
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.
The Revenue is expected to grow by 7.37% on average over the next years.
EPS Next Y14.85%
EPS Next 2Y13.66%
EPS Next 3Y15.21%
EPS Next 5Y12.71%
Revenue Next Year13.07%
Revenue Next 2Y9.64%
Revenue Next 3Y9.01%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.76 indicates a correct valuation of RJF.
RJF's Price/Earnings is on the same level as the industry average.
RJF is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 13.72, which indicates a correct valuation of RJF.
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 23.88, RJF is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.76 | ||
| Fwd PE | 13.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RJF is valued cheaply inside the industry as 89.79% of the companies are valued more expensively.
67.66% of the companies in the same industry are more expensive than RJF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.69 | ||
| EV/EBITDA | 8.75 |
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 15.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.06
PEG (5Y)0.74
EPS Next 2Y13.66%
EPS Next 3Y15.21%
5. Dividend
5.1 Amount
RJF has a Yearly Dividend Yield of 1.35%. Purely for dividend investing, there may be better candidates out there.
RJF's Dividend Yield is slightly below the industry average, which is at 6.39.
RJF's Dividend Yield is slightly below the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
5.2 History
The dividend of RJF has a limited annual growth rate of 4.25%.
RJF has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of RJF decreased recently.
Dividend Growth(5Y)4.25%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
RJF pays out 19.56% 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.
DP19.56%
EPS Next 2Y13.66%
EPS Next 3Y15.21%
167.71
-0.67 (-0.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners79.65%
Inst Owner Change0%
Ins Owners0.58%
Ins Owner Change0.69%
Market Cap32.98B
Revenue(TTM)15.91B
Net Income(TTM)2.13B
Analysts71.11
Price Target188.19 (12.21%)
Short Float %4.23%
Short Ratio5.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
Yearly Dividend1.84
Dividend Growth(5Y)4.25%
DP19.56%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.33%
Min EPS beat(2)-8.41%
Max EPS beat(2)9.08%
EPS beat(4)2
Avg EPS beat(4)1.69%
Min EPS beat(4)-8.41%
Max EPS beat(4)9.08%
EPS beat(8)5
Avg EPS beat(8)4.26%
EPS beat(12)5
Avg EPS beat(12)0.09%
EPS beat(16)7
Avg EPS beat(16)0.81%
Revenue beat(2)1
Avg Revenue beat(2)0.8%
Min Revenue beat(2)-0.21%
Max Revenue beat(2)1.8%
Revenue beat(4)2
Avg Revenue beat(4)0.22%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)1.8%
Revenue beat(8)3
Avg Revenue beat(8)-0.22%
Revenue beat(12)5
Avg Revenue beat(12)0.13%
Revenue beat(16)9
Avg Revenue beat(16)1.22%
PT rev (1m)-1.29%
PT rev (3m)3.86%
EPS NQ rev (1m)-1.54%
EPS NQ rev (3m)3.9%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)4%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)5.18%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)4.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.76 | ||
| Fwd PE | 13.72 | ||
| P/S | 2.07 | ||
| P/FCF | 14.69 | ||
| P/OCF | 13.55 | ||
| P/B | 2.64 | ||
| P/tB | 3.1 | ||
| EV/EBITDA | 8.75 |
EPS(TTM)10.64
EY6.34%
EPS(NY)12.22
Fwd EY7.29%
FCF(TTM)11.42
FCFY6.81%
OCF(TTM)12.38
OCFY7.38%
SpS80.91
BVpS63.57
TBVpS54.18
PEG (NY)1.06
PEG (5Y)0.74
Graham Number123.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 17.01% | ||
| ROCE | 15.56% | ||
| ROIC | 2.79% | ||
| ROICexc | 3.27% | ||
| ROICexgc | 3.4% | ||
| OM | 17.41% | ||
| PM (TTM) | 13.37% | ||
| GM | 86.03% | ||
| FCFM | 14.12% |
ROA(3y)2.37%
ROA(5y)2.24%
ROE(3y)17.19%
ROE(5y)16.89%
ROIC(3y)2.81%
ROIC(5y)2.88%
ROICexc(3y)3.29%
ROICexc(5y)3.35%
ROICexgc(3y)3.43%
ROICexgc(5y)3.49%
ROCE(3y)16.36%
ROCE(5y)16.18%
ROICexgc growth 3Y4.56%
ROICexgc growth 5Y0.19%
ROICexc growth 3Y4.74%
ROICexc growth 5Y0.2%
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-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.14 | ||
| Debt/FCF | 28.6 | ||
| Debt/EBITDA | 21.66 | ||
| Cap/Depr | 96.41% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | 1.49 | ||
| Cash Conversion | 82.09% | ||
| Profit Quality | 105.6% | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.07 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)105.26%
Cap/Depr(5y)86.75%
Cap/Sales(3y)1.3%
Cap/Sales(5y)1.09%
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 Y14.85%
EPS Next 2Y13.66%
EPS Next 3Y15.21%
EPS Next 5Y12.71%
Revenue 1Y (TTM)6.63%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%7.65%
Revenue Next Year13.07%
Revenue Next 2Y9.64%
Revenue Next 3Y9.01%
Revenue Next 5Y7.37%
EBIT growth 1Y2.37%
EBIT growth 3Y8.49%
EBIT growth 5Y15.67%
EBIT Next Year3.77%
EBIT Next 3Y10.11%
EBIT Next 5Y9.01%
FCF growth 1Y15.18%
FCF growth 3YN/A
FCF growth 5Y-10.59%
OCF growth 1Y12.95%
OCF growth 3Y223.34%
OCF growth 5Y-9.7%
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.
Can you provide the valuation status for RAYMOND JAMES FINANCIAL INC?
ChartMill assigns a valuation rating of 5 / 10 to RAYMOND JAMES FINANCIAL INC (RJF). This can be considered as Fairly Valued.
How profitable is RAYMOND JAMES FINANCIAL INC (RJF) stock?
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 15.76 and the Price/Book (PB) ratio is 2.64.
Is the dividend of RAYMOND JAMES FINANCIAL INC sustainable?
The dividend rating of RAYMOND JAMES FINANCIAL INC (RJF) is 4 / 10 and the dividend payout ratio is 19.56%.