RAYMOND JAMES FINANCIAL INC (RJF) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RJF - US7547301090 - Common Stock
163.85 USD
-0.06 (-0.04%)
163.85 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to RJF. RJF was compared to 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 has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years RJF has been profitable.
RJF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.41%, RJF perfoms like the industry average, outperforming 49.79% of the companies in the same industry.
With an excellent Return On Equity value of 17.01%, RJF belongs to the best of the industry, outperforming 81.01% of the companies in the same industry.
The Return On Invested Capital of RJF (2.79%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for RJF is below the industry average of 7.00%.
| 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
RJF has a Profit Margin (13.37%) which is in line with its industry peers.
RJF's Profit Margin has improved in the last couple of years.
RJF has a Operating Margin (17.41%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of RJF has remained more or less at the same level.
RJF has a Gross Margin of 86.03%. This is amongst the best in the industry. RJF outperforms 91.14% of its industry peers.
In the last couple of years the Gross Margin of RJF has declined.
| 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
RJF has more shares outstanding than it did 1 year ago.
RJF has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, RJF has a worse debt to assets ratio.
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.
With a Altman-Z score value of 0.06, RJF is not doing good in the industry: 73.84% of the companies in the same industry are doing better.
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.
Looking at the Debt to FCF ratio, with a value of 28.60, RJF is in line with its industry, outperforming 47.26% of the companies in the same industry.
RJF has a Debt/Equity ratio of 5.14. This is a high value indicating a heavy dependency on external financing.
RJF has a worse Debt to Equity ratio (5.14) than 84.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.14 | ||
| Debt/FCF | 28.6 | ||
| Altman-Z | 0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
RJF has a Current 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.
RJF's Current ratio of 0.28 is on the low side compared to the rest of the industry. RJF is outperformed by 83.12% 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.
Looking at the Quick ratio, with a value of 0.28, RJF is doing worse than 83.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
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
Looking at the last year, RJF shows a small growth in Revenue. The Revenue has grown by 6.63% in the last year.
Measured over the past years, RJF shows a quite strong growth in Revenue. The Revenue has been growing by 14.27% on average per year.
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 Y14.86%
EPS Next 2Y13.64%
EPS Next 3Y15.78%
EPS Next 5Y12.71%
Revenue Next Year13.03%
Revenue Next 2Y9.69%
Revenue Next 3Y9.37%
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 15.40 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.
The average S&P500 Price/Earnings ratio is at 26.54. RJF is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 13.41, RJF is valued correctly.
RJF's Price/Forward Earnings is on the same level as the industry average.
RJF's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.4 | ||
| Fwd PE | 13.41 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RJF indicates a rather cheap valuation: RJF is cheaper than 89.87% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, RJF is valued a bit cheaper than 64.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.35 | ||
| EV/EBITDA | 8.45 |
4.3 Compensation for Growth
The 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 15.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.04
PEG (5Y)0.73
EPS Next 2Y13.64%
EPS Next 3Y15.78%
5. Dividend
5.1 Amount
RJF has a Yearly Dividend Yield of 1.32%. Purely for dividend investing, there may be better candidates out there.
RJF's Dividend Yield is slightly below the industry average, which is at 8.26.
Compared to an average S&P500 Dividend Yield of 2.27, RJF's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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.
RJF has decreased its dividend recently.
Dividend Growth(5Y)4.25%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
19.56% 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.
DP19.56%
EPS Next 2Y13.64%
EPS Next 3Y15.78%
163.85
-0.06 (-0.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners79.69%
Inst Owner Change-2%
Ins Owners0.52%
Ins Owner Change1.43%
Market Cap32.22B
Revenue(TTM)15.91B
Net Income(TTM)2.13B
Analysts71.11
Price Target189.91 (15.9%)
Short Float %4.06%
Short Ratio5.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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)-0.35%
PT rev (3m)5.35%
EPS NQ rev (1m)0.13%
EPS NQ rev (3m)5.64%
EPS NY rev (1m)0.41%
EPS NY rev (3m)4.2%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)5.32%
Revenue NY rev (1m)1.5%
Revenue NY rev (3m)4.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.4 | ||
| Fwd PE | 13.41 | ||
| P/S | 2.03 | ||
| P/FCF | 14.35 | ||
| P/OCF | 13.24 | ||
| P/B | 2.58 | ||
| P/tB | 3.02 | ||
| EV/EBITDA | 8.45 |
EPS(TTM)10.64
EY6.49%
EPS(NY)12.22
Fwd EY7.46%
FCF(TTM)11.42
FCFY6.97%
OCF(TTM)12.38
OCFY7.55%
SpS80.91
BVpS63.57
TBVpS54.18
PEG (NY)1.04
PEG (5Y)0.73
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 | 0.06 |
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 Y14.86%
EPS Next 2Y13.64%
EPS Next 3Y15.78%
EPS Next 5Y12.71%
Revenue 1Y (TTM)6.63%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%7.65%
Revenue Next Year13.03%
Revenue Next 2Y9.69%
Revenue Next 3Y9.37%
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.
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 15.4 and the Price/Book (PB) ratio is 2.58.
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 19.56%.