Stifel Financial Corp (SFB)

Security Brokers, Dealers & Flotation Companies

Latest Price

$17.95

TTM P/E

2.58

Normalized P/E

3.20

TTM Div Yield

8.91%

Fwd Div Yield

8.91%

Book Value

34.55

P/B Ratio

0.52

Valuation metrics

EPS: $5.87

Book value / share: $58.79

Formula: √(22.5 × EPS × BVPS)

Graham Number

$88.12

+390% upside

Norm. op. income: $1.1B (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$100.73

+460% upside

Base FCF: $684M (median of recent 5yr)

Growth: 9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$171.23

+851% upside

EPS: $5.87

Target P/E: 3×

Formula: EPS × P/E

P/E Fair Value

$17.61

2% downside