SEACOAST BANKING CORP/FL (SBCF)
US8117078019 - Common Stock
Overall SBCF gets a fundamental rating of 2 out of 10. We evaluated SBCF against 405 industry peers in the Banks industry. SBCF may be in some trouble as it scores bad on both profitability and health. SBCF does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
SBCF had positive earnings in the past year.
In the past year SBCF had a positive cash flow from operations.
SBCF had positive earnings in each of the past 5 years.
In the past 5 years SBCF always reported a positive cash flow from operatings.
1.2 Ratios
SBCF has a Return On Assets of 0.78%. This is comparable to the rest of the industry: SBCF outperforms 48.51% of its industry peers.
Looking at the Return On Equity, with a value of 5.50%, SBCF is doing worse than 71.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 5.5% | ||
| ROIC | N/A |
ROA(3y)0.96%
ROA(5y)1.04%
ROE(3y)7.02%
ROE(5y)7.59%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 22.65%, SBCF perfoms like the industry average, outperforming 52.99% of the companies in the same industry.
In the last couple of years the Profit Margin of SBCF has declined.
The Operating Margin and Gross Margin are not available for SBCF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 22.65% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-8.57%
PM growth 5Y-6.56%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SBCF does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SBCF has more shares outstanding
Compared to 5 years ago, SBCF has more shares outstanding
The debt/assets ratio for SBCF is higher compared to a year ago.
2.2 Solvency
SBCF has a debt to FCF ratio of 2.17. This is a good value and a sign of high solvency as SBCF would need 2.17 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.17, SBCF is in line with its industry, outperforming 57.46% of the companies in the same industry.
SBCF has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.17, SBCF perfoms like the industry average, outperforming 59.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.36%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for SBCF have decreased by -7.43% in the last year.
Measured over the past 5 years, SBCF shows a small growth in Earnings Per Share. The EPS has been growing by 5.20% on average per year.
SBCF shows a decrease in Revenue. In the last year, the revenue decreased by -4.88%.
Measured over the past years, SBCF shows a quite strong growth in Revenue. The Revenue has been growing by 16.76% on average per year.
EPS 1Y (TTM)-7.43%
EPS 3Y8.57%
EPS 5Y5.2%
EPS Q2Q%-37.93%
Revenue 1Y (TTM)-4.88%
Revenue growth 3Y20.5%
Revenue growth 5Y16.76%
Sales Q2Q%-14.76%
3.2 Future
The Earnings Per Share is expected to decrease by -6.27% on average over the next years.
The Revenue is expected to decrease by -1.96% on average over the next years.
EPS Next Y-19.55%
EPS Next 2Y-6.27%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-10.6%
Revenue Next 2Y-1.96%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
SBCF is valuated rather expensively with a Price/Earnings ratio of 17.55.
Compared to the rest of the industry, the Price/Earnings ratio of SBCF indicates a slightly more expensive valuation: SBCF is more expensive than 71.39% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 31.77, SBCF is valued a bit cheaper.
A Price/Forward Earnings ratio of 17.68 indicates a rather expensive valuation of SBCF.
Based on the Price/Forward Earnings ratio, SBCF is valued a bit more expensive than the industry average as 73.13% of the companies are valued more cheaply.
SBCF's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.55 | ||
| Fwd PE | 17.68 |
4.2 Price Multiples
SBCF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.3 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SBCF's earnings are expected to decrease with -6.27% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3.37
EPS Next 2Y-6.27%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.81%, SBCF has a reasonable but not impressive dividend return.
SBCF's Dividend Yield is comparable with the industry average which is at 3.36.
SBCF's Dividend Yield is a higher than the S&P500 average which is at 2.21.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
5.2 History
SBCF has paid a dividend for at least 10 years, which is a reliable track record.
SBCF has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
52.43% of the earnings are spent on dividend by SBCF. This is a bit on the high side, but may be sustainable.
DP52.43%
EPS Next 2Y-6.27%
EPS Next 3YN/A
SEACOAST BANKING CORP/FL
NASDAQ:SBCF (10/17/2024, 9:02:29 PM)
After market: 28.43 0 (0%)28.43
+0.54 (+1.94%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.43B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.55 | ||
| Fwd PE | 17.68 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)3.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 5.5% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 22.65% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-7.43%
EPS 3Y8.57%
EPS 5Y
EPS Q2Q%
EPS Next Y-19.55%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.88%
Revenue growth 3Y20.5%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y