WAFD INC (WAFD) Stock Fundamental Analysis
NASDAQ:WAFD - Nasdaq - US9388241096 - Common Stock - Currency: USD
Taking everything into account, WAFD scores 4 out of 10 in our fundamental rating. WAFD was compared to 398 industry peers in the Banks industry. Both the profitability and financial health of WAFD have multiple concerns. WAFD has a decent growth rate and is not valued too expensively. WAFD also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WAFD was profitable.
WAFD had a positive operating cash flow in the past year.
In the past 5 years WAFD has always been profitable.
Each year in the past 5 years WAFD had a positive operating cash flow.
1.2 Ratios
WAFD has a Return On Assets of 0.63%. This is in the lower half of the industry: WAFD underperforms 65.83% of its industry peers.
Looking at the Return On Equity, with a value of 5.77%, WAFD is doing worse than 70.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.63% | ||
| ROE | 5.77% | ||
| ROIC | N/A |
ROA(3y)0.94%
ROA(5y)0.92%
ROE(3y)8.65%
ROE(5y)8.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 23.99%, WAFD is in line with its industry, outperforming 52.51% of the companies in the same industry.
In the last couple of years the Profit Margin of WAFD has declined.
WAFD does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 23.99% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.74%
PM growth 5Y-7.86%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
WAFD does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WAFD has been increased compared to 1 year ago.
WAFD has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WAFD has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of WAFD is 0.14, which is an excellent value as it means it would take WAFD, only 0.14 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of WAFD (0.14) is better than 87.94% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that WAFD is not too dependend on debt financing.
WAFD has a Debt to Equity ratio of 0.02. This is amongst the best in the industry. WAFD outperforms 86.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.14 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.64%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
WAFD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.76%.
Measured over the past years, WAFD shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.02% on average per year.
WAFD shows a small growth in Revenue. In the last year, the Revenue has grown by 5.03%.
Measured over the past years, WAFD shows a small growth in Revenue. The Revenue has been growing by 5.83% on average per year.
EPS 1Y (TTM)0.76%
EPS 3Y3.3%
EPS 5Y-1.02%
EPS Q2Q%282.35%
Revenue 1Y (TTM)5.03%
Revenue growth 3Y8.45%
Revenue growth 5Y5.83%
Sales Q2Q%1.46%
3.2 Future
WAFD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.46% yearly.
Based on estimates for the next years, WAFD will show a small growth in Revenue. The Revenue will grow by 2.61% on average per year.
EPS Next Y5.98%
EPS Next 2Y11.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.71%
Revenue Next 2Y2.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 accelerating.
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
The Price/Earnings ratio is 10.77, which indicates a very decent valuation of WAFD.
WAFD's Price/Earnings ratio is a bit cheaper when compared to the industry. WAFD is cheaper than 62.31% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.88, WAFD is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.26, the valuation of WAFD can be described as reasonable.
WAFD's Price/Forward Earnings ratio is in line with the industry average.
WAFD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.26 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, WAFD is valued cheaper than 87.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.48 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)1.8
PEG (5Y)N/A
EPS Next 2Y11.46%
EPS Next 3YN/A
5. Dividend
5.1 Amount
WAFD has a Yearly Dividend Yield of 3.79%. Purely for dividend investing, there may be better candidates out there.
WAFD's Dividend Yield is a higher than the industry average which is at 3.52.
WAFD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.79% |
5.2 History
On average, the dividend of WAFD grows each year by 9.28%, which is quite nice.
WAFD has paid a dividend for at least 10 years, which is a reliable track record.
WAFD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.28%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
WAFD pays out 53.85% of its income as dividend. This is a bit on the high side, but may be sustainable.
WAFD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP53.85%
EPS Next 2Y11.46%
EPS Next 3YN/A
28.53
-0.2 (-0.7%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners80.73%
Inst Owner Change-0.13%
Ins Owners0.95%
Ins Owner Change4.48%
Market Cap2.30B
Analysts48.89
Price Target29.84 (4.59%)
Short Float %3.59%
Short Ratio4.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.79% |
Yearly Dividend1.22
Dividend Growth(5Y)9.28%
DP53.85%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.81%
Min EPS beat(2)-18.71%
Max EPS beat(2)-0.91%
EPS beat(4)1
Avg EPS beat(4)-14.31%
Min EPS beat(4)-66.06%
Max EPS beat(4)28.44%
EPS beat(8)2
Avg EPS beat(8)-11.24%
EPS beat(12)5
Avg EPS beat(12)-4.79%
EPS beat(16)8
Avg EPS beat(16)-2.79%
Revenue beat(2)0
Avg Revenue beat(2)-7.84%
Min Revenue beat(2)-11.11%
Max Revenue beat(2)-4.56%
Revenue beat(4)1
Avg Revenue beat(4)-4.38%
Min Revenue beat(4)-11.11%
Max Revenue beat(4)1%
Revenue beat(8)1
Avg Revenue beat(8)-4.5%
Revenue beat(12)5
Avg Revenue beat(12)0.82%
Revenue beat(16)9
Avg Revenue beat(16)3.77%
PT rev (1m)-10%
PT rev (3m)-25.95%
EPS NQ rev (1m)-0.86%
EPS NQ rev (3m)-14.12%
EPS NY rev (1m)5.92%
EPS NY rev (3m)-9.6%
Revenue NQ rev (1m)-2.73%
Revenue NQ rev (3m)-9.03%
Revenue NY rev (1m)-1.42%
Revenue NY rev (3m)-6.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.26 | ||
| P/S | 3.17 | ||
| P/FCF | 6.48 | ||
| P/OCF | 6.09 | ||
| P/B | 0.76 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.65
EY9.29%
EPS(NY)3.08
Fwd EY10.8%
FCF(TTM)4.4
FCFY15.43%
OCF(TTM)4.69
OCFY16.42%
SpS8.99
BVpS37.42
TBVpS31.85
PEG (NY)1.8
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.63% | ||
| ROE | 5.77% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 23.99% | ||
| GM | N/A | ||
| FCFM | 48.95% |
ROA(3y)0.94%
ROA(5y)0.92%
ROE(3y)8.65%
ROE(5y)8.54%
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-5.74%
PM growth 5Y-7.86%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.14 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 17.1% | ||
| Cap/Sales | 3.16% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 204.02% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC14.64%
ROIC/WACCN/A
Cap/Depr(3y)34.13%
Cap/Depr(5y)53.87%
Cap/Sales(3y)2.41%
Cap/Sales(5y)3.64%
Profit Quality(3y)140.43%
Profit Quality(5y)132.63%
High Growth Momentum
Growth
EPS 1Y (TTM)0.76%
EPS 3Y3.3%
EPS 5Y-1.02%
EPS Q2Q%282.35%
EPS Next Y5.98%
EPS Next 2Y11.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.03%
Revenue growth 3Y8.45%
Revenue growth 5Y5.83%
Sales Q2Q%1.46%
Revenue Next Year-1.71%
Revenue Next 2Y2.61%
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 1Y19.85%
FCF growth 3Y13.3%
FCF growth 5Y15.86%
OCF growth 1Y22.94%
OCF growth 3Y11.78%
OCF growth 5Y13.41%