STIFEL FINANCIAL CORP (SF) Stock Fundamental Analysis
USA - NYSE:SF - US8606301021 - Common Stock
115 USD
-0.57 (-0.49%)
115 USD
0 (0%)
Overall SF gets a fundamental rating of 4 out of 10. We evaluated SF against 237 industry peers in the Capital Markets industry. While SF is still in line with the averages on profitability rating, there are concerns on its financial health. SF has a correct valuation and a medium growth rate. SF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year SF was profitable.
In the past year SF had a positive cash flow from operations.
Each year in the past 5 years SF has been profitable.
Each year in the past 5 years SF had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.44%, SF is not doing good in the industry: 61.60% of the companies in the same industry are doing better.
The Return On Equity of SF (10.24%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 3.47%, SF perfoms like the industry average, outperforming 45.57% of the companies in the same industry.
SF had an Average Return On Invested Capital over the past 3 years of 3.24%. This is below the industry average of 7.61%.
The last Return On Invested Capital (3.47%) for SF is above the 3 year average (3.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 10.24% | ||
| ROIC | 3.47% |
ROA(3y)1.57%
ROA(5y)1.76%
ROE(3y)11.03%
ROE(5y)12%
ROIC(3y)3.24%
ROIC(5y)2.97%
1.3 Margins
SF has a Profit Margin of 9.51%. This is in the lower half of the industry: SF underperforms 62.03% of its industry peers.
In the last couple of years the Profit Margin of SF has remained more or less at the same level.
Looking at the Operating Margin, with a value of 27.53%, SF is in line with its industry, outperforming 53.59% of the companies in the same industry.
SF's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 98.89%, SF belongs to the top of the industry, outperforming 98.31% of the companies in the same industry.
SF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.53% | ||
| PM (TTM) | 9.51% | ||
| GM | 98.89% |
OM growth 3Y11.3%
OM growth 5Y7.74%
PM growth 3Y-10.93%
PM growth 5Y-1%
GM growth 3Y0.06%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
The number of shares outstanding for SF has been increased compared to 1 year ago.
The number of shares outstanding for SF has been increased compared to 5 years ago.
The debt/assets ratio for SF has been reduced compared to a year ago.
2.2 Solvency
SF has an Altman-Z score of -0.28. This is a bad value and indicates that SF is not financially healthy and even has some risk of bankruptcy.
SF's Altman-Z score of -0.28 is on the low side compared to the rest of the industry. SF is outperformed by 77.22% of its industry peers.
SF has a debt to FCF ratio of 25.16. This is a negative value and a sign of low solvency as SF would need 25.16 years to pay back of all of its debts.
SF has a Debt to FCF ratio of 25.16. This is comparable to the rest of the industry: SF outperforms 48.95% of its industry peers.
A Debt/Equity ratio of 5.52 is on the high side and indicates that SF has dependencies on debt financing.
SF has a Debt to Equity ratio of 5.52. This is amonst the worse of the industry: SF underperforms 86.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.52 | ||
| Debt/FCF | 25.16 | ||
| Altman-Z | -0.28 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SF has a Current Ratio of 0.10. This is a bad value and indicates that SF is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.10, SF is not doing good in the industry: 90.30% of the companies in the same industry are doing better.
SF has a Quick Ratio of 0.10. This is a bad value and indicates that SF is not financially healthy enough and could expect problems in meeting its short term obligations.
SF's Quick ratio of 0.10 is on the low side compared to the rest of the industry. SF is outperformed by 90.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 |
3. Growth
3.1 Past
SF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.61%, which is quite impressive.
The Earnings Per Share has been growing by 10.86% on average over the past years. This is quite good.
SF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.85%.
The Revenue has been growing by 11.11% on average over the past years. This is quite good.
EPS 1Y (TTM)36.61%
EPS 3Y-1.24%
EPS 5Y10.86%
EPS Q2Q%6.87%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y7.56%
Revenue growth 5Y11.11%
Sales Q2Q%5.45%
3.2 Future
The Earnings Per Share is expected to grow by 8.15% on average over the next years. This is quite good.
SF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.89% yearly.
EPS Next Y15.82%
EPS Next 2Y18.91%
EPS Next 3Y16.22%
EPS Next 5Y8.15%
Revenue Next Year8.55%
Revenue Next 2Y10.37%
Revenue Next 3Y10.02%
Revenue Next 5Y4.89%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.22 indicates a correct valuation of SF.
SF's Price/Earnings is on the same level as the industry average.
SF's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.38.
The Price/Forward Earnings ratio is 11.92, which indicates a very decent valuation of SF.
62.87% of the companies in the same industry are more expensive than SF, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SF to the average of the S&P500 Index (22.86), we can say SF is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 11.92 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SF indicates a rather cheap valuation: SF is cheaper than 93.25% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, SF is valued a bit cheaper than 73.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.57 | ||
| EV/EBITDA | 6.1 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SF's earnings are expected to grow with 16.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.03
PEG (5Y)1.49
EPS Next 2Y18.91%
EPS Next 3Y16.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.22%, SF is a good candidate for dividend investing.
SF's Dividend Yield is a higher than the industry average which is at 7.96.
SF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.22% |
5.2 History
The dividend of SF is nicely growing with an annual growth rate of 26.83%!
SF has been paying a dividend for at least 10 years, so it has a reliable track record.
As SF did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)26.83%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
42.13% of the earnings are spent on dividend by SF. This is a bit on the high side, but may be sustainable.
SF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP42.13%
EPS Next 2Y18.91%
EPS Next 3Y16.22%
115
-0.57 (-0.49%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners88.54%
Inst Owner Change-0.05%
Ins Owners3.31%
Ins Owner Change-4.57%
Market Cap11.75B
Analysts78.75
Price Target128.52 (11.76%)
Short Float %3.26%
Short Ratio4.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.22% |
Yearly Dividend2.24
Dividend Growth(5Y)26.83%
DP42.13%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.05%
Min EPS beat(2)-2.78%
Max EPS beat(2)2.88%
EPS beat(4)2
Avg EPS beat(4)0%
Min EPS beat(4)-9.13%
Max EPS beat(4)9.03%
EPS beat(8)4
Avg EPS beat(8)-5.53%
EPS beat(12)4
Avg EPS beat(12)-6.94%
EPS beat(16)6
Avg EPS beat(16)-4.95%
Revenue beat(2)1
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-4.53%
Max Revenue beat(2)0.89%
Revenue beat(4)2
Avg Revenue beat(4)-0.41%
Min Revenue beat(4)-4.53%
Max Revenue beat(4)2.84%
Revenue beat(8)3
Avg Revenue beat(8)-0.58%
Revenue beat(12)5
Avg Revenue beat(12)0.41%
Revenue beat(16)7
Avg Revenue beat(16)-0.06%
PT rev (1m)0%
PT rev (3m)19.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.86%
EPS NY rev (1m)2.86%
EPS NY rev (3m)19.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.93%
Revenue NY rev (1m)2.11%
Revenue NY rev (3m)3.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 11.92 | ||
| P/S | 1.95 | ||
| P/FCF | 9.57 | ||
| P/OCF | 9.11 | ||
| P/B | 2.1 | ||
| P/tB | 2.94 | ||
| EV/EBITDA | 6.1 |
EPS(TTM)7.09
EY6.17%
EPS(NY)9.64
Fwd EY8.39%
FCF(TTM)12.02
FCFY10.45%
OCF(TTM)12.62
OCFY10.97%
SpS59.01
BVpS54.78
TBVpS39.18
PEG (NY)1.03
PEG (5Y)1.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 10.24% | ||
| ROCE | 26.45% | ||
| ROIC | 3.47% | ||
| ROICexc | 3.66% | ||
| ROICexgc | 3.99% | ||
| OM | 27.53% | ||
| PM (TTM) | 9.51% | ||
| GM | 98.89% | ||
| FCFM | 20.36% |
ROA(3y)1.57%
ROA(5y)1.76%
ROE(3y)11.03%
ROE(5y)12%
ROIC(3y)3.24%
ROIC(5y)2.97%
ROICexc(3y)3.52%
ROICexc(5y)3.22%
ROICexgc(3y)3.83%
ROICexgc(5y)3.53%
ROCE(3y)23.39%
ROCE(5y)18.24%
ROICexcg growth 3Y13.05%
ROICexcg growth 5Y6.85%
ROICexc growth 3Y13.05%
ROICexc growth 5Y7.88%
OM growth 3Y11.3%
OM growth 5Y7.74%
PM growth 3Y-10.93%
PM growth 5Y-1%
GM growth 3Y0.06%
GM growth 5Y0.04%
F-Score7
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.52 | ||
| Debt/FCF | 25.16 | ||
| Debt/EBITDA | 17.72 | ||
| Cap/Depr | 74.25% | ||
| Cap/Sales | 1.02% | ||
| Interest Coverage | 1.82 | ||
| Cash Conversion | 73.97% | ||
| Profit Quality | 214.14% | ||
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 | ||
| Altman-Z | -0.28 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)88.97%
Cap/Depr(5y)136.67%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.98%
Profit Quality(3y)108.09%
Profit Quality(5y)148.9%
High Growth Momentum
Growth
EPS 1Y (TTM)36.61%
EPS 3Y-1.24%
EPS 5Y10.86%
EPS Q2Q%6.87%
EPS Next Y15.82%
EPS Next 2Y18.91%
EPS Next 3Y16.22%
EPS Next 5Y8.15%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y7.56%
Revenue growth 5Y11.11%
Sales Q2Q%5.45%
Revenue Next Year8.55%
Revenue Next 2Y10.37%
Revenue Next 3Y10.02%
Revenue Next 5Y4.89%
EBIT growth 1Y-3.9%
EBIT growth 3Y19.72%
EBIT growth 5Y19.71%
EBIT Next Year-12.57%
EBIT Next 3Y1.63%
EBIT Next 5Y2.66%
FCF growth 1Y-6.12%
FCF growth 3Y-15.23%
FCF growth 5Y-2.34%
OCF growth 1Y-7.25%
OCF growth 3Y-17.46%
OCF growth 5Y-4.79%