WAFD INC (WAFD) Stock Fundamental Analysis
NASDAQ:WAFD - Nasdaq - US9388241096 - Common Stock - Currency: USD
Taking everything into account, WAFD scores 3 out of 10 in our fundamental rating. WAFD was compared to 405 industry peers in the Banks industry. WAFD may be in some trouble as it scores bad on both profitability and health. WAFD has a valuation in line with the averages, but it does not seem to be growing. Finally WAFD also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WAFD was profitable.
In the past year WAFD had a positive cash flow from operations.
Each year in the past 5 years WAFD has been profitable.
Each year in the past 5 years WAFD had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.63%, WAFD is doing worse than 63.91% of the companies in the same industry.
The Return On Equity of WAFD (5.77%) is worse than 70.18% of its industry peers.
| 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
With a Profit Margin value of 23.99%, WAFD perfoms like the industry average, outperforming 57.39% 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.
WAFD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for WAFD has been increased compared to 5 years ago.
Compared to 1 year ago, WAFD has a worse debt to assets ratio.
2.2 Solvency
WAFD has a debt to FCF ratio of 0.14. This is a very positive value and a sign of high solvency as it would only need 0.14 years to pay back of all of its debts.
WAFD's Debt to FCF ratio of 0.14 is amongst the best of the industry. WAFD outperforms 88.97% of its industry peers.
WAFD has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of WAFD (0.02) is better than 86.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.14 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.42%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
WAFD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.36%.
WAFD shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.02% yearly.
WAFD shows a small growth in Revenue. In the last year, the Revenue has grown by 2.00%.
The Revenue has been growing slightly by 5.83% on average over the past years.
EPS 1Y (TTM)-36.36%
EPS 3Y3.3%
EPS 5Y-1.02%
EPS Q2Q%-36.47%
Revenue 1Y (TTM)2%
Revenue growth 3Y8.45%
Revenue growth 5Y5.83%
Sales Q2Q%2.1%
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 11.42% yearly.
WAFD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.57% yearly.
EPS Next Y0.06%
EPS Next 2Y11.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.29%
Revenue Next 2Y4.57%
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 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 13.48 indicates a correct valuation of WAFD.
WAFD's Price/Earnings ratio is in line with the industry average.
WAFD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.62.
With a Price/Forward Earnings ratio of 9.50, the valuation of WAFD can be described as very reasonable.
77.44% of the companies in the same industry are more expensive than WAFD, based on the Price/Forward Earnings ratio.
WAFD is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.48 | ||
| Fwd PE | 9.5 |
4.2 Price Multiples
87.97% of the companies in the same industry are more expensive than WAFD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WAFD does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)238.01
PEG (5Y)N/A
EPS Next 2Y11.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.62%, WAFD has a reasonable but not impressive dividend return.
In the last 3 months the price of WAFD has falen by -21.24%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
WAFD's Dividend Yield is a higher than the industry average which is at 3.19.
WAFD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.62% |
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 their dividend for at least 10 years, which is a reliable track record.
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.
The dividend of WAFD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP53.85%
EPS Next 2Y11.42%
EPS Next 3YN/A
29.26
-0.6 (-2.01%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners80.73%
Inst Owner Change-92.54%
Ins Owners0.95%
Ins Owner Change-3.38%
Market Cap2.39B
Analysts76
Price Target33.15 (13.29%)
Short Float %2.32%
Short Ratio3.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.62% |
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)-17.72%
PT rev (3m)-14.47%
EPS NQ rev (1m)-13.38%
EPS NQ rev (3m)-22.56%
EPS NY rev (1m)-14.65%
EPS NY rev (3m)-14.44%
Revenue NQ rev (1m)-6.48%
Revenue NQ rev (3m)-15.41%
Revenue NY rev (1m)-4.83%
Revenue NY rev (3m)-7.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.48 | ||
| Fwd PE | 9.5 | ||
| P/S | 3.29 | ||
| P/FCF | 6.71 | ||
| P/OCF | 6.31 | ||
| P/B | 0.79 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.17
EY7.42%
EPS(NY)3.08
Fwd EY10.52%
FCF(TTM)4.36
FCFY14.9%
OCF(TTM)4.64
OCFY15.86%
SpS8.91
BVpS37.05
TBVpS31.54
PEG (NY)238.01
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
WACC14.42%
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)-36.36%
EPS 3Y3.3%
EPS 5Y-1.02%
EPS Q2Q%-36.47%
EPS Next Y0.06%
EPS Next 2Y11.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2%
Revenue growth 3Y8.45%
Revenue growth 5Y5.83%
Sales Q2Q%2.1%
Revenue Next Year-0.29%
Revenue Next 2Y4.57%
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%