SEACOAST BANKING CORP/FL (SBCF)
US8117078019 - Common Stock
Taking everything into account, SBCF scores 3 out of 10 in our fundamental rating. SBCF was compared to 406 industry peers in the Banks industry. SBCF may be in some trouble as it scores bad on both profitability and health. SBCF is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
SBCF had positive earnings in the past year.
SBCF had a positive operating cash flow in the past year.
SBCF had positive earnings in each of the past 5 years.
Each year in the past 5 years SBCF had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.77%, SBCF is in line with its industry, outperforming 48.02% of the companies in the same industry.
Looking at the Return On Equity, with a value of 5.31%, SBCF is doing worse than 72.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 5.31% | ||
| 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
SBCF has a Profit Margin of 22.80%. This is comparable to the rest of the industry: SBCF outperforms 53.22% of its industry peers.
SBCF's Profit Margin has declined in the last couple of years.
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) | 22.8% | ||
| 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 1.98. This is a very positive value and a sign of high solvency as it would only need 1.98 years to pay back of all of its debts.
The Debt to FCF ratio of SBCF (1.98) is better than 61.88% of its industry peers.
SBCF has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
SBCF has a better Debt to Equity ratio (0.14) than 64.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.98 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.91%
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 strongly by -12.64% 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 very negative growth in Revenue. In the last year, the Revenue has decreased by -11.45%.
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)-12.64%
EPS 3Y8.57%
EPS 5Y5.2%
EPS Q2Q%-21.74%
Revenue 1Y (TTM)-11.45%
Revenue growth 3Y20.5%
Revenue growth 5Y16.76%
Sales Q2Q%-4.93%
3.2 Future
Based on estimates for the next years, SBCF will show a small growth in Earnings Per Share. The EPS will grow by 1.25% on average per year.
Based on estimates for the next years, SBCF will show a small growth in Revenue. The Revenue will grow by 1.70% on average per year.
EPS Next Y-21.08%
EPS Next 2Y-5.8%
EPS Next 3Y1.25%
EPS Next 5YN/A
Revenue Next Year-10.15%
Revenue Next 2Y-1.4%
Revenue Next 3Y1.7%
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 18.16.
72.77% of the companies in the same industry are cheaper than SBCF, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of SBCF to the average of the S&P500 Index (27.73), we can say SBCF is valued slightly cheaper.
With a Price/Forward Earnings ratio of 17.00, SBCF is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SBCF indicates a slightly more expensive valuation: SBCF is more expensive than 72.52% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SBCF to the average of the S&P500 Index (22.83), we can say SBCF is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.16 | ||
| Fwd PE | 17 |
4.2 Price Multiples
SBCF's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.49
EPS Next 2Y-5.8%
EPS Next 3Y1.25%
5. Dividend
5.1 Amount
SBCF has a Yearly Dividend Yield of 2.47%. Purely for dividend investing, there may be better candidates out there.
SBCF's Dividend Yield is comparable with the industry average which is at 3.02.
SBCF's Dividend Yield is comparable with the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.47% |
5.2 History
SBCF has paid a dividend for at least 10 years, which is a reliable track record.
SBCF has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
SBCF pays out 52.87% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP52.87%
EPS Next 2Y-5.8%
EPS Next 3Y1.25%
SEACOAST BANKING CORP/FL
NASDAQ:SBCF (12/20/2024, 8:00:01 PM)
After market: 27.6 0 (0%)27.6
+0.96 (+3.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners82.88%
Inst Owner Change0.21%
Ins Owners0.73%
Ins Owner Change-1.17%
Market Cap2.36B
Analysts75
Price Target29.24 (5.94%)
Short Float %1.52%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.47% |
Dividend Growth(5Y)N/A
DP52.87%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.13%
Min EPS beat(2)-0.78%
Max EPS beat(2)5.04%
EPS beat(4)3
Avg EPS beat(4)3.74%
Min EPS beat(4)-0.78%
Max EPS beat(4)5.96%
EPS beat(8)6
Avg EPS beat(8)20.52%
EPS beat(12)7
Avg EPS beat(12)11.12%
EPS beat(16)10
Avg EPS beat(16)9.28%
Revenue beat(2)0
Avg Revenue beat(2)-1.38%
Min Revenue beat(2)-1.66%
Max Revenue beat(2)-1.1%
Revenue beat(4)0
Avg Revenue beat(4)-3.43%
Min Revenue beat(4)-7.32%
Max Revenue beat(4)-1.1%
Revenue beat(8)1
Avg Revenue beat(8)-3.3%
Revenue beat(12)2
Avg Revenue beat(12)-2.5%
Revenue beat(16)3
Avg Revenue beat(16)-2.09%
PT rev (1m)0.84%
PT rev (3m)1.6%
EPS NQ rev (1m)-1%
EPS NQ rev (3m)-8.84%
EPS NY rev (1m)-0.34%
EPS NY rev (3m)-1.89%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.16 | ||
| Fwd PE | 17 | ||
| P/S | 4.62 | ||
| P/FCF | 14.71 | ||
| P/OCF | 14.31 | ||
| P/B | 1.07 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.52
EY5.51%
EPS(NY)1.62
Fwd EY5.88%
FCF(TTM)1.88
FCFY6.8%
OCF(TTM)1.93
OCFY6.99%
SpS5.98
BVpS25.68
TBVpS16.2
PEG (NY)N/A
PEG (5Y)3.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 5.31% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.8% | ||
| GM | N/A | ||
| FCFM | 31.4% |
ROA(3y)0.96%
ROA(5y)1.04%
ROE(3y)7.02%
ROE(5y)7.59%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.98 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 52.51% | ||
| Cap/Sales | 0.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 137.7% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC12.91%
ROIC/WACCN/A
Cap/Depr(3y)136.53%
Cap/Depr(5y)95.06%
Cap/Sales(3y)1.99%
Cap/Sales(5y)1.46%
Profit Quality(3y)142.6%
Profit Quality(5y)124.1%
High Growth Momentum
Growth
EPS 1Y (TTM)-12.64%
EPS 3Y8.57%
EPS 5Y5.2%
EPS Q2Q%-21.74%
EPS Next Y-21.08%
EPS Next 2Y-5.8%
EPS Next 3Y1.25%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.45%
Revenue growth 3Y20.5%
Revenue growth 5Y16.76%
Sales Q2Q%-4.93%
Revenue Next Year-10.15%
Revenue Next 2Y-1.4%
Revenue Next 3Y1.7%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-12.28%
FCF growth 3Y33.41%
FCF growth 5Y2.24%
OCF growth 1Y-16.42%
OCF growth 3Y35.38%
OCF growth 5Y3.05%