RAYMOND JAMES FINANCIAL INC (RJF) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RJF - US7547301090 - Common Stock
164.09 USD
-1.21 (-0.73%)
164.09 USD
0 (0%)
Taking everything into account, RJF scores 4 out of 10 in our fundamental rating. RJF was compared to 235 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 correct valuation and a medium growth rate. RJF also has an excellent dividend rating.
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.
Of the past 5 years RJF 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.41%, RJF perfoms like the industry average, outperforming 51.06% of the companies in the same industry.
RJF's Return On Equity of 17.01% is amongst the best of the industry. RJF outperforms 81.70% 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.
RJF had an Average Return On Invested Capital over the past 3 years of 2.81%. This is below the industry average of 7.07%.
| 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 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.
The Gross Margin of RJF (86.03%) is better than 91.49% 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
The number of shares outstanding for RJF has been increased compared to 1 year ago.
Compared to 5 years ago, RJF has more shares outstanding
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: 72.77% 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.
The Debt to FCF ratio of RJF (28.60) is comparable to the rest of the 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 84.68% 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
A Current Ratio of 0.28 indicates that RJF may have some problems paying its short term obligations.
The Current ratio of RJF (0.28) is worse than 83.40% of its industry peers.
A Quick Ratio of 0.28 indicates that RJF may have some problems paying its short term obligations.
RJF's Quick ratio of 0.28 is on the low side compared to the rest of the industry. RJF is outperformed by 83.40% of its industry peers.
| 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.
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.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
RJF is valuated correctly with a Price/Earnings ratio of 15.42.
RJF's Price/Earnings ratio is in line with the industry average.
RJF's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.84.
RJF is valuated correctly with a Price/Forward Earnings ratio of 13.43.
The rest of the industry has a similar Price/Forward Earnings ratio as RJF.
The average S&P500 Price/Forward Earnings ratio is at 23.40. RJF is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.42 | ||
| Fwd PE | 13.43 |
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 89.79% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, RJF is valued a bit cheaper than 67.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.37 | ||
| EV/EBITDA | 8.55 |
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)1.04
PEG (5Y)0.73
EPS Next 2Y13.66%
EPS Next 3Y15.21%
5. Dividend
5.1 Amount
RJF has a Yearly Dividend Yield of 6.39%, which is a nice return.
RJF's Dividend Yield is comparable with the industry average which is at 6.65.
RJF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.39% |
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.
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%
164.09
-1.21 (-0.73%)
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 Change0.69%
Market Cap32.27B
Revenue(TTM)15.91B
Net Income(TTM)2.13B
Analysts71.11
Price Target188.19 (14.69%)
Short Float %4.33%
Short Ratio6.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.39% |
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)4.4%
EPS NQ rev (1m)-1.41%
EPS NQ rev (3m)4.02%
EPS NY rev (1m)0.39%
EPS NY rev (3m)4%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)5.29%
Revenue NY rev (1m)1.54%
Revenue NY rev (3m)4.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.42 | ||
| Fwd PE | 13.43 | ||
| P/S | 2.03 | ||
| P/FCF | 14.37 | ||
| P/OCF | 13.26 | ||
| P/B | 2.58 | ||
| P/tB | 3.03 | ||
| EV/EBITDA | 8.55 |
EPS(TTM)10.64
EY6.48%
EPS(NY)12.22
Fwd EY7.45%
FCF(TTM)11.42
FCFY6.96%
OCF(TTM)12.38
OCFY7.54%
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 Y14.85%
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.
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 15.42 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 7 / 10 and the dividend payout ratio is 19.56%.