South Plains Financial, Inc. (SPFI)

NASDAQ: SPFI · IEX Real-Time Price · USD
-0.98 (-4.27%)
At close: Mar 17, 2023, 4:00 PM
+0.03 (0.14%)
Pre-market: Mar 20, 2023, 8:57 AM EDT

Total Valuation

SPFI has a market cap or net worth of $374.20 million. The enterprise value is $261.67 million.

Market Cap 374.20M
Enterprise Value 261.67M

Important Dates

The next earnings date is Tuesday, April 25, 2023, after market close.

Estimated Earnings Date Apr 25, 2023
Ex-Dividend Date Jan 27, 2023

Share Statistics

SPFI has 17.05 million shares outstanding. The number of shares has decreased by -4.44% in one year.

Shares Outstanding 17.05M
Shares Change (YoY) -4.44%
Shares Change (QoQ) -2.12%
Owned by Insiders (%) 31.61%
Owned by Institutions (%) 27.16%
Float 12.25M

Valuation Ratios

The trailing PE ratio is 6.80.

PE Ratio 6.80
Forward PE n/a
PS Ratio 1.72
Forward PS 1.77
PB Ratio 1.05
P/FCF Ratio 3.13
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.27, with an EV/FCF ratio of 2.19.

EV / Earnings 4.49
EV / Sales 1.20
EV / EBITDA 3.27
EV / EBIT 3.58
EV / FCF 2.19

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.34
Debt / EBITDA 1.53
Debt / FCF 1.02

Financial Efficiency

Return on equity (ROE) is 16.10% and return on invested capital (ROIC) is 2.00%.

Return on Equity (ROE) 16.10%
Return on Assets (ROA) 1.50%
Return on Capital (ROIC) 2.00%
Revenue Per Employee $356,716
Profits Per Employee $95,632
Employee Count 609
Asset Turnover 0.06
Inventory Turnover n/a


In the past 12 months, SPFI has paid $14.91 million in taxes.

Income Tax 14.91M
Effective Tax Rate 20.38%

Stock Price Statistics

The stock price has decreased by -21.89% in the last 52 weeks. The beta is 0.64, so SPFI's price volatility has been lower than the market average.

Beta (1Y) 0.64
52-Week Price Change -21.89%
50-Day Moving Average 26.86
200-Day Moving Average 27.20
Average Volume (30 Days) 34,081

Short Selling Information

The latest short interest is 49,994, so 0.29% of the outstanding shares have been sold short.

Short Interest 49,994
Short Previous Month 50,179
Short % of Shares Out 0.29%
Short % of Float 0.41%
Short Ratio (days to cover) 1.87

Income Statement

In the last 12 months, SPFI had revenue of $217.24 million and earned $58.24 million in profits. Earnings per share was $3.23.

Revenue 217.24M
Gross Profit 217.24M
Operating Income 73.15M
Pretax Income 73.15M
Net Income 58.24M
EBIT 73.15M
Earnings Per Share (EPS) $3.23
Full Income Statement

Balance Sheet

The company has $234.88 million in cash and $122.35 million in debt, giving a net cash position of $112.53 million or $6.60 per share.

Cash & Cash Equivalents 234.88M
Total Debt 122.35M
Net Cash 112.53M
Net Cash Per Share $6.60
Equity / Book Value 357.01M
Book Value Per Share 20.94
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $123.59 million and capital expenditures -$3.99 million, giving a free cash flow of $119.60 million.

Operating Cash Flow 123.59M
Capital Expenditures -3.99M
Free Cash Flow 119.60M
FCF Per Share $7.04
Full Cash Flow Statement


Gross margin is 100.00%, with operating and profit margins of 33.67% and 26.81%.

Gross Margin 100.00%
Operating Margin 33.67%
Pretax Margin 33.67%
Profit Margin 26.81%
EBITDA Margin 36.88%
EBIT Margin 33.67%
FCF Margin 55.05%

Dividends & Yields

This stock pays an annual dividend of $0.48, which amounts to a dividend yield of 2.19%.

Dividend Per Share $0.48
Dividend Yield 2.19%
Earnings Yield 15.56%
FCF Yield 31.96%
Dividend Growth (YoY) 33.33%
Payout Ratio 13.70%
Buyback Yield 4.44%
Shareholder Yield 6.62%
Dividend Details

Analyst Forecast

The average price target for SPFI is $33.15, which is 51.03% higher than the current price. The consensus rating is "Buy".

Price Target $33.15
Price Target Difference 51.03%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a