SERVISFIRST BANCSHARES INC (SFBS) Stock Fundamental Analysis
NYSE:SFBS - New York Stock Exchange, Inc. - US81768T1088 - Common Stock - Currency: USD
Overall SFBS gets a fundamental rating of 4 out of 10. We evaluated SFBS against 398 industry peers in the Banks industry. There are concerns on the financial health of SFBS while its profitability can be described as average. SFBS is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year SFBS was profitable.
In the past year SFBS had a positive cash flow from operations.
SFBS had positive earnings in each of the past 5 years.
In the past 5 years SFBS always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 1.31%, SFBS belongs to the best of the industry, outperforming 84.92% of the companies in the same industry.
SFBS has a better Return On Equity (14.06%) than 89.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 14.06% | ||
| ROIC | N/A |
ROA(3y)1.44%
ROA(5y)1.42%
ROE(3y)15.93%
ROE(5y)16.58%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 47.16%, SFBS belongs to the best of the industry, outperforming 99.25% of the companies in the same industry.
SFBS's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for SFBS so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 47.16% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-1.73%
PM growth 5Y-0.3%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SFBS does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SFBS has about the same amount of shares outstanding.
SFBS has more shares outstanding than it did 5 years ago.
SFBS has a worse debt/assets ratio than last year.
2.2 Solvency
SFBS has a debt to FCF ratio of 8.29. This is a slightly negative value and a sign of low solvency as SFBS would need 8.29 years to pay back of all of its debts.
With a Debt to FCF ratio value of 8.29, SFBS is not doing good in the industry: 75.38% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.27 is on the high side and indicates that SFBS has dependencies on debt financing.
SFBS has a Debt to Equity ratio of 1.27. This is amonst the worse of the industry: SFBS underperforms 87.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 8.29 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.82%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.55% over the past year.
Measured over the past years, SFBS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.71% on average per year.
SFBS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.14%.
SFBS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.10% yearly.
EPS 1Y (TTM)20.55%
EPS 3Y2.53%
EPS 5Y8.71%
EPS Q2Q%26.09%
Revenue 1Y (TTM)9.14%
Revenue growth 3Y4.84%
Revenue growth 5Y9.1%
Sales Q2Q%18.44%
3.2 Future
Based on estimates for the next years, SFBS will show a very strong growth in Earnings Per Share. The EPS will grow by 21.59% on average per year.
The Revenue is expected to grow by 18.06% on average over the next years. This is quite good.
EPS Next Y25.78%
EPS Next 2Y21.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.79%
Revenue Next 2Y18.06%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.79, which indicates a correct valuation of SFBS.
Based on the Price/Earnings ratio, SFBS is valued a bit more expensive than 74.37% of the companies in the same industry.
SFBS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.33.
SFBS is valuated reasonably with a Price/Forward Earnings ratio of 11.29.
Based on the Price/Forward Earnings ratio, SFBS is valued a bit more expensive than the industry average as 62.81% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of SFBS to the average of the S&P500 Index (21.37), we can say SFBS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.79 | ||
| Fwd PE | 11.29 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SFBS is valued a bit more expensive than 65.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.28 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SFBS's earnings are expected to grow with 21.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.61
PEG (5Y)1.81
EPS Next 2Y21.59%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.92%, SFBS has a reasonable but not impressive dividend return.
In the last 3 months the price of SFBS has falen by -21.36%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
SFBS's Dividend Yield is slightly below the industry average, which is at 3.66.
Compared to the average S&P500 Dividend Yield of 2.51, SFBS is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
5.2 History
The dividend of SFBS is nicely growing with an annual growth rate of 21.67%!
SFBS has paid a dividend for at least 10 years, which is a reliable track record.
As SFBS did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)21.67%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
SFBS pays out 28.82% of its income as dividend. This is a sustainable payout ratio.
The dividend of SFBS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP28.82%
EPS Next 2Y21.59%
EPS Next 3YN/A
69.47
-0.03 (-0.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners74.72%
Inst Owner Change0.21%
Ins Owners6.85%
Ins Owner Change0.03%
Market Cap3.79B
Analysts47.5
Price Target99.96 (43.89%)
Short Float %6.99%
Short Ratio15.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
Yearly Dividend1.2
Dividend Growth(5Y)21.67%
DP28.82%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.14%
Min EPS beat(2)5.11%
Max EPS beat(2)11.18%
EPS beat(4)4
Avg EPS beat(4)5.29%
Min EPS beat(4)1.98%
Max EPS beat(4)11.18%
EPS beat(8)6
Avg EPS beat(8)1.85%
EPS beat(12)6
Avg EPS beat(12)0.41%
EPS beat(16)7
Avg EPS beat(16)0.12%
Revenue beat(2)2
Avg Revenue beat(2)1.36%
Min Revenue beat(2)0.57%
Max Revenue beat(2)2.16%
Revenue beat(4)3
Avg Revenue beat(4)0.24%
Min Revenue beat(4)-1.8%
Max Revenue beat(4)2.16%
Revenue beat(8)4
Avg Revenue beat(8)-1.29%
Revenue beat(12)7
Avg Revenue beat(12)-1.25%
Revenue beat(16)8
Avg Revenue beat(16)-1.15%
PT rev (1m)0%
PT rev (3m)1.03%
EPS NQ rev (1m)-0.56%
EPS NQ rev (3m)5.03%
EPS NY rev (1m)-1.16%
EPS NY rev (3m)1.38%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)3.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.79 | ||
| Fwd PE | 11.29 | ||
| P/S | 7.87 | ||
| P/FCF | 15.28 | ||
| P/OCF | 15 | ||
| P/B | 2.35 | ||
| P/tB | 2.37 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.4
EY6.33%
EPS(NY)6.15
Fwd EY8.85%
FCF(TTM)4.55
FCFY6.55%
OCF(TTM)4.63
OCFY6.67%
SpS8.82
BVpS29.6
TBVpS29.35
PEG (NY)0.61
PEG (5Y)1.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 14.06% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 47.16% | ||
| GM | N/A | ||
| FCFM | 51.54% |
ROA(3y)1.44%
ROA(5y)1.42%
ROE(3y)15.93%
ROE(5y)16.58%
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-1.73%
PM growth 5Y-0.3%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 8.29 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 97.1% | ||
| Cap/Sales | 0.96% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 109.28% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC13.82%
ROIC/WACCN/A
Cap/Depr(3y)91.83%
Cap/Depr(5y)109.04%
Cap/Sales(3y)0.86%
Cap/Sales(5y)1.09%
Profit Quality(3y)103.25%
Profit Quality(5y)108.99%
High Growth Momentum
Growth
EPS 1Y (TTM)20.55%
EPS 3Y2.53%
EPS 5Y8.71%
EPS Q2Q%26.09%
EPS Next Y25.78%
EPS Next 2Y21.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.14%
Revenue growth 3Y4.84%
Revenue growth 5Y9.1%
Sales Q2Q%18.44%
Revenue Next Year20.79%
Revenue Next 2Y18.06%
Revenue Next 3YN/A
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 1Y28.38%
FCF growth 3Y-1.13%
FCF growth 5Y8.93%
OCF growth 1Y28.19%
OCF growth 3Y-1.7%
OCF growth 5Y9.01%