Seacoast Banking Corporation of Florida
Find Ratings ReportsSEACOAST BANKING CORP/FL's gross profit margin for the fourth quarter of its fiscal year 2023 has decreased when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its subsector this quarter as compared to the same quarter a year ago.
At the same time, stockholders' equity ("net worth") has greatly increased by 31.11% from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 194.19 | 144.76 |
EBITDA ($mil) | 70.71 | 65.13 |
EBIT ($mil) | 61.67 | 58.51 |
Net Income ($mil) | 29.54 | 23.93 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 453.04 | 205.18 |
Total Assets ($mil) | 14580.25 | 12145.76 |
Total Debt ($mil) | 581.42 | 457.33 |
Equity ($mil) | 2108.09 | 1607.78 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 63.94 | 85.13 |
EBITDA Margin | 36.41 | 44.98 |
Operating Margin | 31.76 | 40.42 |
Sales Turnover | 0.05 | 0.04 |
Return on Assets | 0.71 | 0.87 |
Return on Equity | 4.94 | 6.62 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.22 | 0.22 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 84.86 | 71.62 |
Div / share | 0.18 | 0.17 |
EPS | 0.35 | 0.34 |
Book value / share | 24.84 | 22.45 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 419611.0 | 452615.0 |
BUY. This stock's P/E ratio indicates a premium compared to an average of 17.75 for the Credit Intermediation and Related Activities subsector and a discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 0.95 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 8.64. The price-to-sales ratio is below the S&P 500 average and is well below the subsector average, indicating a discount.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBCF 19.04 | Peers 17.75 | SBCF 13.30 | Peers 20.18 | |||||||||||||||||||||
Average. An average P/E ratio can signify an subsector neutral price for a stock and an average growth expectation. SBCF is trading at a valuation on par with its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. SBCF is trading at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
SBCF 13.81 | Peers 13.86 | SBCF 0.82 | Peers 1.78 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. SBCF is trading at a premium to its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. SBCF trades at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
SBCF 0.95 | Peers 8.64 | SBCF -25.75 | Peers 24.72 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. SBCF is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, SBCF is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
SBCF 2.61 | Peers 4.87 | SBCF 72.00 | Peers 44.87 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. SBCF is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. SBCF has a sales growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||