STATE STREET CORP (STT)
US8574771031 - Common Stock
STT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 220 industry peers in the Capital Markets industry. STT has a bad profitability rating. Also its financial health evaluation is rather negative. STT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
STT had positive earnings in the past year.
STT had a negative operating cash flow in the past year.
In the past 5 years STT has always been profitable.
STT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
STT's Return On Assets of 0.57% is on the low side compared to the rest of the industry. STT is outperformed by 73.27% of its industry peers.
STT's Return On Equity of 7.46% is in line compared to the rest of the industry. STT outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 7.46% | ||
| ROIC | N/A |
ROA(3y)0.77%
ROA(5y)0.77%
ROE(3y)9.2%
ROE(5y)8.89%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 15.26%, STT is in line with its industry, outperforming 51.15% of the companies in the same industry.
In the last couple of years the Profit Margin of STT has declined.
The Operating Margin and Gross Margin are not available for STT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15.26% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.54%
PM growth 5Y-5.11%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for STT has been reduced compared to 1 year ago.
STT has less shares outstanding than it did 5 years ago.
STT has a worse debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 1.28 is on the high side and indicates that STT has dependencies on debt financing.
STT's Debt to Equity ratio of 1.28 is on the low side compared to the rest of the industry. STT is outperformed by 65.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
STT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.85%.
Measured over the past 5 years, STT shows a small growth in Earnings Per Share. The EPS has been growing by 1.19% on average per year.
STT shows a small growth in Revenue. In the last year, the Revenue has grown by 4.96%.
The Revenue has been decreasing by -0.31% on average over the past years.
EPS 1Y (TTM)5.85%
EPS 3Y4.62%
EPS 5Y1.19%
EPS Q2Q%17.1%
Revenue 1Y (TTM)4.96%
Revenue growth 3Y0.68%
Revenue growth 5Y-0.31%
Sales Q2Q%21.11%
3.2 Future
STT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.26% yearly.
STT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.32% yearly.
EPS Next Y10.95%
EPS Next 2Y11.21%
EPS Next 3Y11.35%
EPS Next 5Y9.26%
Revenue Next Year7.19%
Revenue Next 2Y5.18%
Revenue Next 3Y4.52%
Revenue Next 5Y3.32%
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 12.06, which indicates a correct valuation of STT.
Based on the Price/Earnings ratio, STT is valued a bit cheaper than 65.44% of the companies in the same industry.
STT is valuated cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.36, which indicates a very decent valuation of STT.
65.44% of the companies in the same industry are more expensive than STT, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.83. STT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.06 | ||
| Fwd PE | 10.36 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
STT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.1
PEG (5Y)10.14
EPS Next 2Y11.21%
EPS Next 3Y11.35%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.19%, STT has a reasonable but not impressive dividend return.
STT's Dividend Yield is comparable with the industry average which is at 9.13.
Compared to an average S&P500 Dividend Yield of 2.24, STT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
5.2 History
The dividend of STT is nicely growing with an annual growth rate of 6.12%!
STT has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of STT decreased recently.
Dividend Growth(5Y)6.12%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
STT pays out 52.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
STT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.21%
EPS Next 2Y11.21%
EPS Next 3Y11.35%
STATE STREET CORP
NYSE:STT (12/20/2024, 8:04:01 PM)
After market: 98.23 +0.03 (+0.03%)98.2
+2.78 (+2.91%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners93.57%
Inst Owner Change-3.37%
Ins Owners0.36%
Ins Owner Change-1.26%
Market Cap28.79B
Analysts67
Price Target102.87 (4.76%)
Short Float %1.28%
Short Ratio1.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
Dividend Growth(5Y)6.12%
DP52.21%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.33%
Min EPS beat(2)5.07%
Max EPS beat(2)5.59%
EPS beat(4)4
Avg EPS beat(4)8.2%
Min EPS beat(4)5.07%
Max EPS beat(4)11.9%
EPS beat(8)7
Avg EPS beat(8)4.43%
EPS beat(12)11
Avg EPS beat(12)4.89%
EPS beat(16)15
Avg EPS beat(16)5.35%
Revenue beat(2)2
Avg Revenue beat(2)0.75%
Min Revenue beat(2)0.41%
Max Revenue beat(2)1.09%
Revenue beat(4)4
Avg Revenue beat(4)1.28%
Min Revenue beat(4)0.41%
Max Revenue beat(4)2.15%
Revenue beat(8)5
Avg Revenue beat(8)-0.65%
Revenue beat(12)7
Avg Revenue beat(12)-0.65%
Revenue beat(16)11
Avg Revenue beat(16)-0.11%
PT rev (1m)2.1%
PT rev (3m)9.2%
EPS NQ rev (1m)0.44%
EPS NQ rev (3m)6.16%
EPS NY rev (1m)0.24%
EPS NY rev (3m)2.16%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)4.53%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.06 | ||
| Fwd PE | 10.36 | ||
| P/S | 2.28 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.11 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | N/A |
EPS(TTM)8.14
EY8.29%
EPS(NY)9.47
Fwd EY9.65%
FCF(TTM)-8.88
FCFYN/A
OCF(TTM)-5.45
OCFYN/A
SpS43.09
BVpS88.11
TBVpS57.41
PEG (NY)1.1
PEG (5Y)10.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 7.46% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 15.26% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)0.77%
ROA(5y)0.77%
ROE(3y)9.2%
ROE(5y)8.89%
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-7.54%
PM growth 5Y-5.11%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 148.6% | ||
| Cap/Sales | 7.96% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)69.37%
Cap/Depr(5y)59.96%
Cap/Sales(3y)6.54%
Cap/Sales(5y)6.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.85%
EPS 3Y4.62%
EPS 5Y1.19%
EPS Q2Q%17.1%
EPS Next Y10.95%
EPS Next 2Y11.21%
EPS Next 3Y11.35%
EPS Next 5Y9.26%
Revenue 1Y (TTM)4.96%
Revenue growth 3Y0.68%
Revenue growth 5Y-0.31%
Sales Q2Q%21.11%
Revenue Next Year7.19%
Revenue Next 2Y5.18%
Revenue Next 3Y4.52%
Revenue Next 5Y3.32%
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-131.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-117.47%
OCF growth 3Y-41.98%
OCF growth 5Y-41.62%