GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK
CF Bankshares Inc (NAS:CFBK)
[1]
Significantly Overvalued[5]$ 20.46
GF Score: 71/100Market Cap: $ 133 Mil
Industry: Financial Services - Banks
Central Federal Corp is a financial holding company for CFBank. The company through its subsidiary offers a variety of financial services including residential lending and full service retail banking services and products.
GF Value Rank
Rank: 1 /10CurrentIndustry MedianHistorical Median
PE Ratio8.189.638.64
Forward P/EN/A9.33N/A
PB Ratio1.040.970.97
PS Ratio2.812.642.02
P/FCF0.315.228.87
Shiller P/E21.9212.16133.00
PEG Ratio0.691.253.45
Valuation Analysis
Current% of Price
EPV10.8653
GF Value11.9859
Median PS Value15.7277
Tangible Book19.7296
Price20.46
Peter Lynch Value32.98161
Graham Number33.30163
Dividend & Ownership
Dividend Yield (TTM) %0.74
Dividend Yield (Forward) %0.79
Dividend Payout Ratio0.06
Dividend Growth (5Y) %N/A
Yield on Cost (5Y) %0.74
Continuous Div. since2020
Insider Ownership %36.01
Institution Ownership %5.07
Financial Strength
Rank: 4 /10CurrentIndustry MedianHistorical Median
Cash-to-Debt1.682.220.95
Equity-to-Asset0.080.100.10
Piotroski F-Score665
Profitability Rank
Rank: 5 /10CurrentIndustry MedianHistorical Median
Net Margin %34.3026.8517.02
ROE %13.499.867.55
ROA %1.100.950.58
Growth Rank(* per share data)
Rank: 8 /1010-Yr5-Yr1-Yr
Revenue Growth %0.123.5-44.0
EPS w/o NRI Growth %N/A86.1-38.0
FCF Growth %N/AN/AN/A
Book Value Growth %4.011.914.8
Momentum Rank
Rank: 9 /10CurrentIndustry MedianHistorical Median
5-Day RSI32.9043.69N/A
9-Day RSI38.5342.34N/A
14-Day RSI41.1242.58N/A
6-1M Momentum %4.99-2.15N/A
12-1M Momentum %11.902.75N/A
Quarterly
Mar21Jun21Sep21Dec21Mar22
Revenue16.7911.9612.3912.1911.72
Net Income6.423.494.084.474.52
EPS0.960.520.610.680.69
Revenue YoY %77.30-54.13-59.30-43.34-30.20
Net Income YoY %220.09-65.35-59.98-39.21-29.64
EPS YoY %220.00-66.01-60.39-38.74-28.13
Warning Signs
SEVEREAsset Growth: faster than revenue growth
MEDIUMRevenue per Share: Declined
Good Signs
GOODBeneish M-Score: Unlikely manipulator
Insider Trades
InsiderPositionDateTradesCur. Shares
Hoeweler Robert EDirector12/02/2150056,572
O'dell Timothy TCEO12/01/211077234,521
O'dell Timothy TCEO11/23/213923233,444
O'dell Timothy TCEO11/11/211000229,521
O'dell Timothy TCEO11/05/211000228,521
O'dell Timothy TCEO08/26/21837227,521
O'dell Timothy TCEO08/23/21163226,684
Hoeweler Robert EDirector08/20/2150056,072
Rana SundeepDirector08/19/215353
O'dell Timothy TCEO08/09/212000226,521
As of 05-20-2022
* All financial numbers are in millions except for per share data, ratios and percentage change.
%GainSP500
1W-1.11-0.73
1M-7.42-12.49
3M-7.87-10.03
6M-2.42-16.39
YTD0.05-17.75
1Y4.35-3.96
3Y17.7512.66
5Y11.5412.26
10Y9.0713.75
27.50
10.70
6.11
32721
16360.5
2012201320142015201620172018201920202021CurrentPerformance
27.509.358.698.259.8517.0516.7314.0618.3622.9323.99Highest Stock Price
6.337.156.716.886.118.9710.6811.729.4716.0017.45Lowest Stock Price
2321192129645175116133133Market Cap
1.12.92.94.12.93.54.34.66.16.76.5Shares Outstanding-Diluted
10.36At Loss335.506.6035.0279.6311.696.873.967.418.18PE Ratio
0.970.920.560.550.731.601.110.931.051.061.04PB Ratio
1.663.471.912.742.283.722.481.951.232.562.81PS Ratio
1.863.551.011.36-0.882.620.862.251.431.381.34EV-to-Revenue
2012201320142015201620172018201920202021TTMPer Share Data
4.792.113.512.654.234.064.727.1714.338.027.29Revenue per Share
0.77-0.330.021.100.280.191.002.034.472.772.50Earnings per Share
-0.86-1.560.211.220.601.04-2.86-22.46-20.2837.6565.06Free Cash Flow per Share
----------------0.030.130.14Dividends per Share
8.207.9511.9913.1513.269.4810.5115.0016.7919.2819.72Tangible Book per Share
54.043.776.276.767.486.718.8414.7129.1616.9515.72Median PS Value
11.92--2.3218.049.066.3715.3826.1841.0934.6733.30Graham Number
2012201320142015201620172018201920202021TTMIncome Statement
5.506.0810.1310.9412.3514.2520.4933.1987.5053.3348.26Revenue
1.130.500.280.250.23------10.92-1.60-1.60Credit Losses Provision
8.147.619.389.409.6810.7915.1621.1540.3032.1129.37Total Noninterest Expense
-3.77-0.920.481.282.443.465.3312.0436.2822.8220.48Pretax Income
-3.77-0.920.484.481.631.354.279.6029.6118.4516.55Net Income
-68.44-15.114.7340.9313.189.4520.8628.9333.8434.6034.30Net Margin %
2.662.713.523.363.353.463.553.102.763.403.31Net Interest Margin-Bank %
5.16-3.950.209.941.981.7110.1014.8828.6315.6713.49ROE %
-1.62-0.390.171.340.410.290.751.242.511.241.10ROA %
2012201320142015201620172018201920202021Mar22Balance Sheet
27.8821.1428.7025.9058.0445.6067.4045.98221.69166.69168.39Cash & Equivalents
215.04255.75315.59351.29436.11481.43665.03880.551,4771,4961,544Total Assets
----------------------Short-Term Debt & CLO
15.1621.6819.6619.6618.6618.6634.2745.78230.80106.64100.02Long-Term Debt & CLO
191.39232.88281.08312.98396.82441.16619.47799.881,3671,3701,416Total Liabilities
23.6422.8634.5138.3139.2940.2645.5680.66110.21125.33128.34Total Stockholders Equity
23.6422.8634.5138.3139.2940.2645.5680.66110.21125.33128.34Total Equity
2012201320142015201620172018201920202021TTMCashflow Statement
-0.96-4.131.065.101.793.95-11.81-103.54-123.47253.30436.24Cash Flow from Operations
-3.26-43.46-50.92-39.05-52.60-59.38-143.77-111.40-259.75-316.73-316.25Cash Flow from Investing
-32.0641.6058.9131.6382.8542.98177.38193.52558.938.42-77.51Cash Flow from Financing
-36.28-5.999.05-2.3132.05-12.4421.81-21.43175.72-55.0042.48Net Change in Cash
25.1519.1628.2125.9057.9445.5067.3045.88221.59166.59168.29Ending Cash Position
-0.02-0.34-0.46-0.05-0.05-0.31-0.61-0.44-0.39-2.96-3.10Capital Expenditure
-0.98-4.480.595.061.753.64-12.42-103.98-123.85250.34433.14Free Cash Flow
Competitor
TickerCompanyMarket Cap
($M)
PE RatioGF Score
/100
Financial
Strength /10
Profitability
Rank /10
GF Value
Rank /10
Growth
Rank /10
Momentum
Rank /10
NAS:CZWICitizens Community Bancorp Inc1366.6677367610
DHA:RUPALIBANKRupali Bank Ltd13323.215956410
NAS:CFBKCF Bankshares Inc1338.187145189
TSE:8364Shimizu Bank Ltd1325.5860231018
NAS:UNBUnion Bankshares Inc13010.2185467910
GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Financial Strength[2] (Quarterly data, as of Mar. 2022) : Fair (4/10)

0
1
2
3
4
5
6
7
8
9

Cash-to-Debt : 1.68

Cash-to-Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. A high ratio indicates that a company is better able to pay back its debt, and is thus able to take on more debt if necessary.


Equity-to-Asset : 0.08

Equity-to-Asset ratio is calculated as total stockholders equity divided by its total assets. Equity-to-Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity-to-Asset ratio (more leveraged) may have higher ROE % because of the leverage.


Debt-to-Equity : 0.78

A high Debt-to-Equity ratio generally means that a company has been aggressive in financing its growth with debt.


Piotroski F-Score : 6

The Piotroski F-Score is used to determine the strength of a firm's financial position, with 9 being the best and 0 being the worst.

0
1
2
3
4
5
6
7
8
9


WACC : 6.91% vs ROIC : N/A%

The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. Return on invested capital (ROIC) measures how well a company generates cash flow relative to the capital it has invested in its business.


Dividend Yield : 0.63%

Dividend yield is a way to measure how much cash flow you are getting for each dollar invested in an equity position.

GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Profitability[3] (Annual data, as of Dec. 2021) : Fair (5/10)

0
1
2
3
4
5
6
7
8
9

Revenue : $12 Mil vs Net Income : $5 Mil

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. Net Income is a company's total profit. Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.


Cash & Equivalents : $168 Mil vs Long-Term Debt* : $100 Mil

Cash & equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash. Long-Term Debt* consists of loans and obligations lasting over one year.


Net Margin % : 38.55%

Net margin % measures the percentage of revenue remaining after all operating expenses, interest, taxes, etc have been deducted from a company's total revenue. Net Margin % is calculated as Net Income divided by its Revenue.


EPS without NRI : $0.69

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock. In calculating earnings per share without non-recurring items, the dividends of preferred stocks and Non Operating Income need to subtracted from the total net income first.


Dividends per Share : $0.04

Dividends per Share is the amount of dividends that the shareholders of a company receive on a per-share basis. It is calculated using the total dividends paid out to shareholders over one fiscal year and the number of shares outstanding.


Free Cash Flow per Share : $3.09

Free Cash flow per Share is the amount of Free cash flow per outstanding share of the company's stock.

GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Valuation (Quarterly data, as of Mar. 2022)

These valuation metrics should give you a sense of reasonable prices, but be careful with them. Always seek to understand why a valuation is changing over time.


Valuation Chart (Current stock price : $20.46)


PE Ratio without NRI : 8.92

The price-to-earnings ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.


PB Ratio : 1.13

The price-to-book ratio measures the valuation of the stock relative to the underlying asset of the company.


PS Ratio : 3.06

The price-to-sales ratio is a valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the value placed on each dollar of a company’s sales or revenues.


Price-to-Free-Cash-Flow : 0.34

Price-to-free-cash-flow is very similar to the valuation metric of price-to-operating-cash-flow but is considered a more exact measure, owing to the fact that it uses free cash flow, which subtracts capital expenditures from a company's total operating cash flow, thereby reflecting the actual cash flow available to fund non-asset-related growth.


EV-to-Revenue : 1.59

Enterprise value of a company divided by its trailing 12 months revenue.

GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Valuation Bands

In these charts the 10-year valuation bands of the price-to-earnings ratio (PE Ratio), price-to-book ratio (PB Ratio), price-to-sales ratio (PS Ratio) and price-to-operating-cash-flow ratio (POCF) are drawn together with the historical stock prices. For example, the upper line of the PE band is where the stock price would have been if it were always traded at the maximum PE ratio of the past 10 years. The lower line of the PE band is where the stock price would have been if it were always traded at the lowest PE ratio of the past 10 years. It is always better if the stock price is close to the lower line, which indicates a lower valuation.


Historical Price and PE Band


Historical Price and PS Band


Historical Price and PB Band


Historical Price and Price-to-Operating-Cash-Flow (POCF) Band

GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Warning Signs

GuruFocus conducted a thorough checkup using a checklist of 32 items that cover the areas of financial strength, profitability, growth, and valuation of each company. The purpose of Warning Signs is to warn you that the company may have red flags in certain areas, helping to avoid overlooking them. These warning signs do not necessarily mean you should not invest in the stock. But you should be aware of them before you invest.


Severe Warning Signs

Asset Growth : faster than revenue growth

If a company builds asset at 33% a year, faster than its revenue growth rate of 23.5% over the past 5 years, it means that the company may be getting less efficent.

Good Signs

Beneish M-Score : Unlikely manipulator

Beneish M-Score -3.36 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

Dividend Yield % : Close to 2-year high

CF Bankshares Inc stock dividend yield is close to 2-year high.

PB Ratio : Close to 1-year low

CF Bankshares Inc stock PB Ratio (=1.04) is close to 1-year low of 1.02

Medium Warning Signs

Revenue per Share : Declined

CF Bankshares Inc revenue per share is in decline over the past 12 months.

Price : Close to 10-year high

CF Bankshares Inc stock Price is close to 10-year high

PS Ratio : Close to 3-year high

CF Bankshares Inc stock PS Ratio (=2.81) is close to 3-year high of 3.09

Long-Term Debt : Issuing new debt

CF Bankshares Inc has been issuing new debt. Over the past 3 years, it issued USD 64.726 million of debt. But overall, its debt level is acceptable.
GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Competitive Comparison


5 Year Price Change Comparison


Financial Strength

CompanyFinancial StrengthCash-to-DebtEquity-to-AssetDebt-to-EquityInterest CoveragePiotroski F-ScoreAltman Z-ScoreBeneish M-ScoreWACC %ROIC %
DHA:DHAKABANKDhaka Bank Ltd5/101.400.061.63N/A60.00-2.4323.90N/A
DHA:RUPALIBANKRupali Bank Ltd5/105.490.030.66N/A70.00-2.2039.33N/A
NAS:UBFOUnited Security Bancshares5/1016.740.080.12N/A60.00-2.457.98N/A
NAS:CFBKCF Bankshares Inc4/101.680.080.78N/A60.00-3.366.91N/A
OTCPK:CHBHCroghan Bancshares Inc4/10No Debt0.110.00N/A60.00-2.569.79N/A
NAS:EBMTEagle Bancorp Montana Inc4/101.360.100.41N/A40.00-2.625.95N/A
NAS:OVBCOhio Valley Banc Corporation4/105.800.110.21N/A60.00-2.595.58N/A
NAS:UNBUnion Bankshares Inc4/101.190.060.23N/A40.00-2.5510.15N/A
NAS:CZWICitizens Community Bancorp Inc3/100.500.091.04N/A70.00-2.607.74N/A
OTCPK:GRRBGrandsouth Bancorpation3/103.870.080.42N/A70.00-2.639.11N/A

Profitability

CompanyProfitability RankOperating
Margin %
Net Margin %ROE %ROA %Price-to-Free-Cash-FlowROC (Joel Greenblatt) %3-Year Revenue Growth %3-Year EBITDA Growth %3-Year EPS w/o NRI Growth %
DHA:DHAKABANKDhaka Bank Ltd7/10N/A18.2910.600.692.80N/A2.00N/A14.90
NAS:CZWICitizens Community Bancorp Inc6/10N/A29.9112.371.1710.61N/A8.00N/A50.60
OTCPK:CHBHCroghan Bancshares Inc6/10N/A32.5610.971.358.28N/A8.00N/A9.70
NAS:EBMTEagle Bancorp Montana Inc6/10N/A13.037.430.812.74N/A22.30N/A33.60
OTCPK:GRRBGrandsouth Bancorpation6/10N/A30.8817.851.407.01N/A10.00N/A31.00
DHA:RUPALIBANKRupali Bank Ltd6/10N/A4.002.700.081.36N/A-25.90N/A-21.20
NAS:UNBUnion Bankshares Inc6/10N/A26.2515.981.115.10N/A8.20N/A22.70
NAS:UBFOUnited Security Bancshares6/10N/A27.639.450.879.98N/A0.20N/A-10.80
NAS:CFBKCF Bankshares Inc5/10N/A34.3013.491.100.31N/A19.30N/A40.40
NAS:OVBCOhio Valley Banc Corporation5/10N/A24.078.850.9912.63N/A-1.50N/A-1.10

Valuation

CompanyPE RatioPB RatioPS RatioPrice-to-Intrinsic-Value-Projected-FCFPrice-to-Intrinsic-Value-DCF (Earnings Based)Price-to-Median-PS-ValuePrice-to-Peter-Lynch-Fair-ValuePrice-to-Graham-NumberEarnings Yield (Joel Greenblatt) %Forward Rate of Return (Yacktman) %
DHA:DHAKABANKDhaka Bank Ltd6.270.641.150.580.000.000.900.43N/A0.00
NAS:CZWICitizens Community Bancorp Inc6.660.822.000.540.000.941.160.57N/A17.19
NAS:CFBKCF Bankshares Inc8.181.042.810.720.001.300.620.61N/A11.51
OTCPK:GRRBGrandsouth Bancorpation9.201.462.680.000.440.000.740.78N/A19.50
OTCPK:CHBHCroghan Bancshares Inc9.581.143.120.540.501.101.360.70N/A17.33
NAS:UNBUnion Bankshares Inc10.211.882.680.780.630.751.060.92N/A16.29
NAS:EBMTEagle Bancorp Montana Inc11.410.911.470.580.340.821.300.79N/A16.80
NAS:UBFOUnited Security Bancshares11.551.143.180.650.850.970.000.77N/A13.16
NAS:OVBCOhio Valley Banc Corporation12.361.112.970.690.001.302.120.80N/A13.96
DHA:RUPALIBANKRupali Bank Ltd23.210.680.930.070.000.002.800.84N/A185.23
GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Peter Lynch Chart[4]

GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Per Share Data


Per Share Data

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
12.17
51.88
63.07
64.89
68.09
48.46
4.79
2.11
3.51
2.65
4.23
4.06
4.72
7.17
14.33
8.02
7.29
Revenue per Share
-0.28
--
4.40
-69.03
-48.68
-39.00
0.77
-0.33
0.02
1.10
0.28
0.19
1.00
2.03
4.47
2.77
2.50
Earnings per Share (Diluted)
-0.28
--
4.40
-69.03
-48.68
-39.00
0.77
-0.33
0.02
1.10
0.28
0.19
1.00
2.03
4.47
2.77
2.50
EPS without NRI
-5.64
-8.01
-2.30
-69.11
-37.87
-32.47
-1.05
-0.34
0.24
1.73
1.13
0.45
0.92
1.45
3.21
2.90
3.15
Owner Earnings per Share (TTM)
-3.28
7.06
11.09
-17.23
20.07
2.77
-0.86
-1.56
0.21
1.22
0.60
1.04
-2.86
-22.46
-20.28
37.65
65.06
Free Cash Flow per Share
9.15
20.98
12.47
-16.96
20.45
3.23
-0.84
-1.44
0.37
1.24
0.61
1.13
-2.72
-22.37
-20.22
38.09
65.53
Operating Cash Flow per Share
32.70
24.15
28.00
19.94
228
422
9.69
7.35
9.98
8.89
19.59
10.74
15.55
8.55
33.77
25.64
25.87
Cash per Share
9.90
7.70
5.50
--
--
--
--
--
--
--
--
--
--
--
0.03
0.13
0.14
Dividends per Share
176
170
175
109
59.43
18.81
8.22
7.95
11.99
13.15
13.26
9.48
10.51
15.00
16.79
19.28
19.72
Book Value per Share
175
169
174
107
58.19
18.22
8.20
7.95
11.99
13.15
13.26
9.48
10.51
15.00
16.79
19.28
19.72
Tangible Book per Share
228
339
229
249
194
139
5.27
7.54
6.83
6.75
6.30
4.39
7.91
8.52
35.16
16.41
15.36
Total Debt per Share
203
106
81.95
41.25
14.03
17.05
7.98
7.32
6.71
7.26
9.63
15.13
11.69
13.95
17.69
20.53
20.46
Month End Stock Price

Ratios

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
-0.16
-0.06
2.30
-36.58
-37.13
-45.12
5.16
-3.95
0.20
9.94
1.98
1.71
10.10
14.88
28.63
15.67
13.49
ROE %
-0.14
-0.10
4.89
-96.26
-155
-49.58
5.32
-4.29
0.36
18.07
2.71
1.07
9.10
16.00
27.27
14.78
12.97
ROE % Adjusted to Book Value
-0.02
-0.01
0.26
-3.59
-2.50
-2.06
-1.62
-0.39
0.17
1.34
0.41
0.29
0.75
1.24
2.51
1.24
1.10
ROA %
-0.16
-0.06
2.31
-36.82
-37.55
-45.60
5.18
-3.95
0.20
9.94
1.98
1.71
10.10
14.88
28.63
15.67
13.49
Return-on-Tangible-Equity
-0.02
-0.01
0.26
-3.59
-2.50
-2.06
-1.62
-0.39
0.17
1.34
0.41
0.29
0.75
1.24
2.51
1.24
1.10
Return-on-Tangible-Asset
14.39
12.45
10.30
11.03
12.11
12.07
8.77
13.06
13.96
9.49
7.24
4.45
10.61
14.68
8.17
5.42
6.91
WACC %
20.93
21.23
17.87
16.67
12.63
13.91
14.61
11.47
9.14
13.27
16.16
18.94
26.44
33.49
10.54
6.11
9.27
Effective Interest Rate on Debt %
3.64
3.25
3.31
3.28
3.50
3.11
2.66
2.71
3.52
3.36
3.35
3.46
3.55
3.10
2.76
3.40
3.31
Net Interest Margin (Bank Only) %
-2.25
-0.20
7.49
-102
-67.72
-75.14
-68.44
-15.11
4.73
40.93
13.18
9.45
20.86
28.93
33.84
34.60
34.30
Net Margin %
-26.96
13.61
17.58
-26.55
29.48
5.71
-17.88
-73.65
5.86
46.23
14.13
25.54
-60.63
-313
-142
469
898
FCF Margin %
1.30
1.99
1.03
1.60
1.82
2.10
0.64
0.95
0.57
0.51
0.48
0.46
0.75
0.57
2.09
0.85
0.78
Debt-to-Equity
0.12
0.10
0.12
0.09
0.06
0.04
0.11
0.09
0.11
0.11
0.09
0.08
0.07
0.09
0.08
0.08
0.08
Equity-to-Asset
0.16
0.20
0.12
0.14
0.11
0.08
0.07
0.09
0.06
0.06
0.04
0.04
0.05
0.05
0.16
0.07
0.07
Debt-to-Asset
0.88
0.90
0.88
0.92
0.94
0.96
0.89
0.91
0.89
0.89
0.91
0.92
0.93
0.91
0.93
0.92
0.92
Liabilities-to-Assets
0.01
0.03
0.04
0.04
0.04
0.03
0.02
0.03
0.04
0.03
0.03
0.03
0.04
0.04
0.07
0.04
0.03
Asset Turnover
--
--
1.25
--
--
--
--
--
--
--
--
--
--
--
0.01
0.05
0.06
Dividend Payout Ratio
1.02
0.27
0.02
0.00
0.01
0.01
0.00
0.06
0.05
0.00
0.00
0.02
0.03
0.01
0.00
0.06
0.06
Capex-to-Revenue
1.36
0.66
0.11
--
0.02
0.14
--
--
0.44
0.01
0.03
0.08
--
--
--
0.01
0.01
Capex-to-Operating-Cash-Flow
* All financial numbers are in millions except for per share data, ratios and percentage change. When Return-on-Tangible-Equity displays Neg. E, it means the the tangible equity is negative.
GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Financial Statement

Income Statement

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
13.65
17.52
16.53
14.35
12.53
9.57
7.18
7.42
10.53
12.33
14.33
17.05
24.69
34.90
42.19
52.11
52.40
  Interest Income
-6.89
-9.80
-7.94
-5.95
-4.18
-3.48
-2.63
-2.11
-1.89
-2.61
-3.10
-3.53
-7.00
-13.40
-14.58
-10.31
-9.45
  Interest Expense
6.77
7.73
8.60
8.40
8.35
6.10
4.55
5.31
8.64
9.72
11.24
13.52
17.69
21.49
27.61
41.81
42.96
Net Interest Income (for Banks)
-5.12
0.73
1.06
1.27
1.80
1.13
0.95
0.77
1.49
1.22
1.11
0.73
2.80
11.70
59.89
11.52
5.30
Non Interest Income
1.64
8.46
9.65
9.67
10.15
7.22
5.50
6.08
10.13
10.94
12.35
14.25
20.49
33.19
87.50
53.33
48.26
Revenue
0.82
0.54
0.92
9.93
8.47
3.38
1.13
0.50
0.28
0.25
0.23
--
--
--
10.92
-1.60
-1.60
Credit Losses Provision
3.79
4.80
5.26
5.75
6.10
6.03
5.74
5.45
6.60
7.09
7.12
8.33
12.10
17.12
31.34
24.78
22.50
Selling, General, & Admin. Expense
3.06
3.19
2.49
2.51
2.25
3.25
2.40
2.17
2.78
2.31
2.56
2.46
3.06
4.03
8.96
7.33
6.88
Other Noninterest Expense
6.85
8.00
7.75
8.26
8.35
9.27
8.14
7.61
9.38
9.40
9.68
10.79
15.16
21.15
40.30
32.11
29.37
Total Noninterest Expense
--
--
--
-0.21
--
--
--
-1.11
--
--
--
--
--
--
--
--
-- SpecialCharges
5.95
--
-0.00
0.00
--
--
--
0.00
--
--
--
--
--
-0.00
--
0.00
-0.00
Other Income (Expense)
-0.08
-0.08
0.98
-8.31
-6.67
-5.43
-3.77
-0.92
0.48
1.28
2.44
3.46
5.33
12.04
36.28
22.82
20.48
Pre-Tax Income
0.04
0.06
-0.26
-1.58
-0.20
--
--
--
--
3.19
-0.81
-2.12
-1.06
-2.44
-6.68
-4.37
-3.93
Tax Provision
54.32
78.75
26.52
-18.97
-2.97
--
--
--
--
-249
33.24
61.11
19.83
20.26
18.40
19.13
19.20
Tax Rate %
-0.04
-0.02
0.72
-9.89
-6.87
-5.43
-3.77
-0.92
0.48
4.48
1.63
1.35
4.27
9.60
29.61
18.45
16.55
Net Income (Continuing Operations)
-0.04
-0.02
0.72
-9.89
-6.87
-5.43
-3.77
-0.92
0.48
4.48
1.63
1.35
4.27
9.60
29.61
18.45
16.55
Net Income
-2.25
-0.20
7.49
-102
-67.72
-75.14
-68.44
-15.11
4.73
40.93
13.18
9.45
20.86
28.93
33.84
34.60
34.30
Net Margin %
--
--
0.03
0.41
0.41
0.43
0.33
--
0.42
0.86
0.86
0.67
-0.06
-0.22
--
--
-- Preferred Dividends
-0.28
--
4.40
-69.03
-48.68
-39.00
0.77
-0.33
0.02
1.27
0.28
0.21
1.02
2.05
4.53
2.84
2.55
EPS (Basic)
-0.28
--
4.40
-69.03
-48.68
-39.00
0.77
-0.33
0.02
1.10
0.28
0.19
1.00
2.03
4.47
2.77
2.50
EPS (Diluted)
0.14
0.16
0.15
0.15
0.15
0.15
1.15
2.88
2.88
4.13
2.92
3.51
4.34
4.63
6.11
6.65
6.55
Shares Outstanding (Diluted Average)
0.40
0.50
0.63
0.45
1.02
1.24
0.91
0.64
0.42
0.24
0.15
0.12
0.21
0.22
-1.13
-2.07
-1.53
Depreciation, Depletion and Amortization
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Financial Statement

Cashflow Statement

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
-0.04
-0.02
0.72
-9.89
-6.87
-5.43
-3.77
-0.92
0.48
4.48
1.63
1.35
4.27
9.60
29.61
18.45
16.55
Net Income From Continuing Operations
0.40
0.50
0.63
0.45
1.02
1.24
0.91
0.64
0.42
0.24
0.15
0.12
0.21
0.22
-1.13
-2.07
-1.53
Depreciation, Depletion and Amortization
-0.41
--
--
--
0.63
-0.10
-0.22
-0.41
-0.24
0.99
0.90
-0.59
-1.48
-3.41
-18.45
17.88
10.65
  Change In Receivables
0.25
--
-0.46
-0.44
0.37
-0.05
0.14
-0.17
0.20
-0.51
0.19
0.30
1.09
1.34
14.54
-15.14
-4.54
  Change In Payables And Accrued Expense
-0.12
--
-0.39
-0.67
--
0.00
0.00
0.00
-0.00
--
-0.00
--
--
-0.00
-0.04
-0.04
-0.03
  Change In Other Working Capital
-0.28
2.54
-0.84
-1.11
1.00
-0.14
-0.07
-0.58
-0.04
0.49
1.09
-0.30
-0.39
-2.08
-3.95
2.71
6.09
Change In Working Capital
-0.04
-0.06
0.31
1.58
0.20
--
--
--
--
-3.25
0.62
0.98
0.09
-0.19
-3.05
0.77
0.33
Deferred Tax
--
--
0.15
0.08
0.01
0.04
0.01
0.16
0.27
0.13
0.12
0.25
0.38
0.53
0.71
0.71
0.73
Stock Based Compensation
--
--
--
--
--
--
--
--
--
--
--
--
0.03
--
0.27
0.02
-- Asset Impairment Charge
1.18
0.46
0.94
6.37
7.69
4.77
1.96
-3.44
-0.08
3.02
-1.81
1.56
-16.40
-112
-146
233
414
Cash Flow from Others
1.24
3.42
1.91
-2.53
3.05
0.48
-0.96
-4.13
1.06
5.10
1.79
3.95
-11.81
-104
-123
253
436
Cash Flow from Operations
-1.68
-2.27
-0.21
-0.04
-0.06
-0.07
-0.02
-0.34
-0.46
-0.05
-0.05
-0.31
-0.61
-0.44
-0.39
-2.96
-3.10
Purchase Of Property, Plant, Equipment
0.27
--
0.00
0.00
--
0.53
--
--
--
--
--
--
--
--
--
0.37
-- Sale Of Property, Plant, Equipment
-69.65
-5.87
-6.92
-3.70
-28.60
-12.47
-13.45
--
-5.02
-4.57
-5.98
-1.79
-2.22
-2.76
-13.39
-16.04
-12.60
Purchase Of Investment
9.59
8.09
12.17
6.42
20.81
22.63
13.64
10.88
4.07
5.51
1.26
2.69
3.35
3.67
5.69
5.79
5.76
Sale Of Investment
-0.00
-46.27
-4.24
-7.11
28.16
34.73
-3.43
-53.99
-49.51
-39.94
-47.83
-59.96
-144
-112
-252
-304
-306
Cash From Other Investing Activities
-61.46
-46.31
0.80
-4.43
20.31
45.35
-3.26
-43.46
-50.92
-39.05
-52.60
-59.38
-144
-111
-260
-317
-316
Cash Flow from Investing
14.56
--
--
--
--
--
20.22
--
--
--
--
--
--
9.64
--
--
-- Issuance of Stock
--
-0.83
-1.63
--
--
--
--
-0.01
--
--
-0.03
-0.05
-0.04
-0.02
-0.68
-3.11
-3.47
Repurchase of Stock
--
--
7.20
-0.01
--
--
-3.00
--
11.37
--
--
--
--
14.00
--
--
-- Net Issuance of Preferred Stock
43.98
21.20
27.25
21.31
16.23
--
--
6.53
22.50
2.50
37.70
34.25
84.21
767
645
174
134
  Issuance of Debt
-4.00
-4.27
-34.40
-14.99
-24.30
-8.20
-5.74
--
-24.53
-2.50
-38.70
-34.25
-68.60
-765
-452
-299
-189
  Payments of Debt
39.98
16.93
-7.15
6.32
-8.07
-8.20
-5.74
6.53
-2.03
--
-1.00
--
15.61
2.00
193
-125
-54.67
Net Issuance of Debt
-1.43
-1.40
-0.86
-0.55
-0.27
--
--
--
-0.23
-0.75
-0.75
-0.75
--
--
-0.20
-0.85
-0.91
Cash Flow for Dividends
9.55
26.69
0.01
-0.01
16.28
-10.47
-43.54
35.08
49.80
32.38
84.63
43.78
162
168
367
137
-18.47
Other Financing
62.66
41.38
-2.43
5.76
7.95
-18.67
-32.06
41.60
58.91
31.63
82.85
42.98
177
194
559
8.42
-77.51
Cash Flow from Financing
2.97
5.40
3.89
4.18
2.97
34.28
61.44
25.15
19.16
28.21
25.90
57.94
45.50
67.30
45.88
222
126
Beginning Cash Position
2.43
-1.51
0.28
-1.20
31.30
27.16
-36.28
-5.99
9.05
-2.31
32.05
-12.44
21.81
-21.43
176
-55.00
42.48
Net Change in Cash
5.40
3.89
4.18
2.97
34.28
61.44
25.15
19.16
28.21
25.90
57.94
45.50
67.30
45.88
222
167
168
Ending Cash Position
-1.68
-2.27
-0.21
-0.04
-0.06
-0.07
-0.02
-0.34
-0.46
-0.05
-0.05
-0.31
-0.61
-0.44
-0.39
-2.96
-3.10
Capital Expenditure
-0.44
1.15
1.70
-2.57
2.99
0.41
-0.98
-4.48
0.59
5.06
1.75
3.64
-12.42
-104
-124
250
433
Free Cash Flow
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Financial Satement

Balance Sheet

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
5.40
3.89
4.18
2.97
34.28
63.42
27.88
21.14
28.70
25.90
58.04
45.60
67.40
45.98
222
167
168
Cash and cash equivalents
--
1.96
--
--
--
--
--
--
--
--
--
--
--
--
--
--
-- Money Market Investments
185
234
238
241
202
158
159
216
267
305
356
415
575
806
1,196
1,258
1,305
  Gross Loan
--
-2.68
-3.12
-7.09
-9.76
-6.11
-5.24
-5.73
-6.32
-6.62
-6.93
-6.97
-7.01
-7.14
-17.02
-15.51
-15.52
  Allowance For Loans And Lease Losses
--
--
-0.36
--
--
--
--
--
--
--
--
--
--
--
--
--
--   Unearned Income
185
231
234
234
193
152
154
210
261
298
349
408
568
799
1,179
1,242
1,290
Net Loan
29.33
28.40
23.55
21.24
28.80
18.52
17.64
9.67
10.45
9.37
14.06
11.77
10.11
8.17
13.70
21.35
18.00
Securities & Investments
--
2.67
--
2.53
2.11
2.24
2.45
2.85
3.83
6.09
4.57
4.70
6.86
12.25
34.64
24.56
26.99
  Accounts Receivable
1.80
--
2.89
--
--
--
--
--
--
--
--
--
--
--
--
--
--   Other Current Receivables
1.80
2.67
2.89
2.53
2.11
2.24
2.45
2.85
3.83
6.09
4.57
4.70
6.86
12.25
34.64
24.56
26.99
Total Receivables
4.11
5.72
5.25
7.00
6.02
5.53
5.32
3.55
3.78
3.61
3.43
3.53
3.86
5.77
5.12
7.79
7.81
Property, Plant and Equipment
0.20
0.16
0.11
0.26
0.19
0.09
0.05
--
--
--
--
--
--
--
--
--
-- Intangible Assets
10.50
5.85
7.60
5.96
11.13
8.75
8.04
8.11
8.24
8.38
7.08
8.29
8.72
9.35
23.34
33.06
33.21
Other Assets for Banks
236
280
278
274
275
251
215
256
316
351
436
481
665
881
1,477
1,496
1,544
Total Assets
168
194
208
211
227
217
174
208
258
290
375
419
580
746
1,113
1,246
1,299
Total Deposits
--
3.14
2.69
2.10
2.55
2.87
2.49
2.32
2.71
2.20
2.39
2.99
4.59
6.85
21.88
14.51
14.97
Accounts Payable & Accrued Expense
--
--
5.85
2.07
--
--
--
--
--
--
--
--
--
--
--
--
-- Short-Term Debt & Capital Lease Obligation
37.68
54.61
28.36
35.10
29.10
20.90
15.16
21.68
19.66
19.66
18.66
18.66
34.27
45.78
231
107
100
Long-Term Debt & Capital Lease Obligation
1.30
1.99
1.03
1.60
1.82
2.10
0.64
0.95
0.57
0.51
0.48
0.46
0.75
0.57
2.09
0.85
0.78
Debt-to-Equity
1.68
0.15
0.17
0.16
0.21
0.16
0.24
0.57
0.40
0.66
0.41
0.49
0.83
0.93
1.03
2.75
2.08
Other Liabilities for Banks
207
252
245
251
259
241
191
233
281
313
397
441
619
800
1,367
1,370
1,416
Total Liabilities
0.05
0.05
0.05
0.05
0.05
0.01
0.16
0.16
0.16
0.16
0.16
0.04
0.04
0.05
0.07
0.07
0.07
Common Stock
--
--
6.99
7.02
7.07
7.12
--
--
0.01
0.01
0.01
--
--
--
--
--
-- Preferred Stock
2.64
1.41
1.26
-9.03
-16.31
-22.16
-21.30
-22.22
-22.16
-18.54
-17.77
-17.09
-12.75
-2.93
26.48
44.08
48.35
Retained Earnings
-0.03
0.19
0.35
0.70
0.67
0.39
0.11
0.10
0.05
-0.01
0.00
-0.05
-0.07
0.03
0.10
-0.17
-1.22
Accumulated other comprehensive income (loss)
27.20
27.35
27.46
27.52
27.54
27.84
47.92
48.07
59.70
59.94
60.16
60.68
61.71
86.90
87.64
88.53
88.71
Additional Paid-In Capital
-0.78
-1.61
-3.25
-3.25
-3.25
-3.25
-3.25
-3.25
-3.25
-3.25
-3.28
-3.32
-3.37
-3.39
-4.07
-7.18
-7.56
Treasury Stock
--
--
0.22
0.22
0.22
0.00
0.00
0.00
-0.00
--
--
-0.00
--
-0.00
--
--
0.00
Other Stockholders Equity
29.09
27.38
33.08
23.23
15.99
9.94
23.64
22.86
34.51
38.31
39.29
40.26
45.56
80.66
110
125
128
Total Stockholders Equity
29.09
27.38
33.08
23.23
15.99
9.94
23.64
22.86
34.51
38.31
39.29
40.26
45.56
80.66
110
125
128
Total Equity
0.12
0.10
0.12
0.09
0.06
0.04
0.11
0.09
0.11
0.11
0.09
0.08
0.07
0.09
0.08
0.08
0.08
Equity-to-Asset
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Valuation Ratios

Valuation Ratios

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
At Loss
N/A
18.63
At Loss
At Loss
At Loss
10.36
At Loss
336
6.60
35.02
79.63
11.69
6.87
3.96
7.41
8.18
PE Ratio
At Loss
N/A
18.63
At Loss
At Loss
At Loss
10.36
At Loss
336
6.60
35.02
79.63
11.69
6.87
3.96
7.41
8.18
PE Ratio without NRI
--
--
--
--
--
--
--
--
28.19
4.20
8.49
34.00
12.68
9.65
5.51
7.09
6.51
Price-to-Owner-Earnings
1.15
0.63
0.47
0.38
0.24
0.91
0.97
0.92
0.56
0.55
0.73
1.60
1.11
0.93
1.05
1.06
1.04
PB Ratio
1.16
0.63
0.47
0.39
0.24
0.94
0.97
0.92
0.56
0.55
0.73
1.60
1.11
0.93
1.05
1.06
1.04
Price-to-Tangible-Book
--
15.03
7.39
--
0.70
6.17
--
--
32.57
5.93
16.10
14.58
--
--
--
0.55
0.31
Price-to-Free-Cash-Flow
22.22
5.06
6.57
--
0.69
5.28
--
--
18.33
5.88
15.68
13.43
--
--
--
0.54
0.31
Price-to-Operating-Cash-Flow
16.70
2.05
1.30
0.64
0.21
0.35
1.66
3.47
1.91
2.74
2.28
3.72
2.48
1.95
1.23
2.56
2.81
PS Ratio
--
--
--
--
--
--
--
--
--
--
4.93
6.57
6.32
--
1.66
0.67
0.69
PEG Ratio
40.08
8.02
5.10
4.90
0.39
-4.55
1.86
3.55
1.01
1.36
-0.88
2.62
0.86
2.25
1.43
1.38
1.34
EV-to-Revenue
-20.36
-20.77
-29.18
-25.40
-12.53
-5.06
-3.98
-46.96
-30.47
-21.23
2.93
14.87
3.68
-30.24
-42.92
6.51
11.51
Forward Rate of Return (Yacktman) %
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
137
21.92
Shiller PE Ratio
4.87
7.25
6.71
--
--
--
--
--
--
--
--
--
--
--
0.17
0.63
0.74
Dividend Yield %

Valuation and Quality

Dec06
Dec07
Dec08
Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
TTM Fiscal Period
33.58
17.12
12.23
6.15
2.11
2.56
22.96
21.06
19.30
21.15
28.53
64.23
50.68
75.00
116
133
133
Market Cap
65.85
67.83
49.24
47.36
4.00
-32.84
10.24
21.60
10.26
14.92
-10.85
37.29
17.54
74.81
125
73.40
64.72
Enterprise Value
203
106
81.95
41.25
14.03
17.05
7.98
7.32
6.71
7.26
9.63
15.13
11.69
13.95
17.69
20.53
20.46
Month End Stock Price
-1,220
-1,540
-1,612
-1,660
-1,499
-1,059
-50.70
-70.24
-84.09
-95.32
-110
-90.40
-125
-139
-173
-183
-190
Net Cash per Share
-1,220
-1,527
-1,659
-1,695
-1,535
-1,096
-50.06
-69.49
-83.09
-93.75
-108
-89.57
-124
-137
-169
-180
-187
Net-Net Working Capital
78.23
67.67
154
45.18
87.46
74.16
8.09
5.56
7.82
11.58
12.18
9.43
5.43
-30.73
-68.33
20.63
28.66
Intrinsic Value: Projected FCF
--
--
--
248
256
172
54.04
3.77
6.27
6.76
7.48
6.71
8.84
14.71
29.16
16.95
15.72
Median PS Value
--
--
--
--
--
--
--
--
--
--
1.96
3.15
--
--
--
30.53
32.98
Peter Lynch Fair Value
--
--
131
--
--
--
11.92
--
2.32
18.04
9.06
6.37
15.38
26.18
41.09
34.67
33.30
Graham Number
-256
-399
-283
-295
-21.90
374
10.29
2.74
6.04
4.71
17.67
8.40
9.57
1.35
-0.46
10.13
10.86
Earnings Power Value (EPV)
5.00
6.00
8.00
2.00
7.00
5.00
5.00
4.00
8.00
6.00
5.00
4.00
5.00
5.00
4.00
7.00
6.00
Piotroski F-Score
-4.50
1.19
-3.17
-2.65
-2.84
-2.52
-2.25
-2.25
-1.88
-1.86
-2.55
-2.39
-2.10
-1.15
-1.20
-3.30
-3.36
Beneish M-Score
0.36
0.33
0.23
0.21
0.04
-0.12
0.04
0.11
0.10
0.10
--
0.03
0.03
0.12
0.14
0.04
0.04
Scaled Net Operating Assets
25.50
15.34
-0.72
-1.07
-10.98
-20.43
0.21
18.25
15.95
10.94
12.02
11.79
24.04
25.50
27.95
5.47
-6.70
Sloan Ratio %
230
208
139
94.88
51.43
54.73
27.50
9.35
8.69
8.25
9.85
17.05
16.73
14.06
18.36
22.93
23.99
Highest Stock Price
198
106
71.78
32.73
12.93
17.05
6.33
7.15
6.71
6.88
6.11
8.97
10.68
11.72
9.47
16.00
17.45
Lowest Stock Price
-103
2.40
7.48
0.07
-0.68
-0.01
-1,817
0.01
--
-1.27
-1.69
-43.29
-2.11
-24.02
-22.09
0.98
2.05
Shares Buyback Ratio %
-43.35
4.85
13.35
--
--
--
-88.07
0.05
--
--
0.11
0.08
0.08
-12.82
0.59
2.33
2.61
Buyback Yield %
-83.31
326
21.58
2.88
4.93
-28.83
-90.11
-55.94
66.38
-24.64
59.71
-3.95
16.13
52.00
99.82
-44.03
-50.99
YoY Rev. per Sh. Growth
99.33
100.00
--
-1,669
29.48
19.89
102
-143
106
5,400
-75.00
-30.91
426
103
120
-38.03
-51.36
YoY EPS Growth
0.14
0.16
0.15
0.15
0.15
0.15
1.15
2.88
2.88
2.88
2.91
3.26
4.26
4.58
6.03
6.51
6.42
Shares Outstanding (Basic Average)
0.17
0.16
0.15
0.15
0.15
0.15
2.88
2.88
2.88
2.91
2.96
4.25
4.34
5.38
6.56
6.50
6.50
Shares Outstanding (EOP)
1.18
0.46
0.41
0.10
-0.21
-0.23
0.53
1.81
2.59
0.59
0.17
0.09
0.77
0.83
0.85
0.59
0.52
Beta
03/27/08
03/27/08
03/27/09
03/29/10
03/30/11
03/30/12
04/01/13
03/31/14
03/27/15
03/23/16
03/15/17
03/15/18
03/15/19
03/16/20
03/23/21
03/16/22
  Filing Date
03/27/08
03/27/08
03/29/10
03/30/11
04/01/13
03/31/14
03/27/15
03/27/15
03/23/16
03/15/17
03/15/18
03/15/19
03/16/20
03/16/22
03/16/22
03/16/22
  Restated Filing Date
04/03/13
08/14/14
02/21/17
02/27/18
02/19/19
02/04/20
02/02/21
02/07/22
  Earnings Release Date
--
597
--
523
518
508
--
--
--
--
255
534
476
485
379
--
-- Number of Shareholders
62.00
64.00
75.00
80.00
74.00
68.00
68.00
66.00
62.00
53.00
64.00
66.00
95.00
125
177
134
134
Number of Employees
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  May 20, 2022
CF Bankshares Inc (NAS:CFBK)
www.gurufocus.com/stock/NAS:CFBK

Explanation

1. Predictability Rank

GuruFocus Predictability Rank is a proprietary ranking of the consistency of a business. We rank the predictability of companies based on the consistency of their revenue per share and EBITDA (earnings before interest, tax, depreciation and amortization) per share over the past 10 fiscal years. Our study found that there is a strong correlation between the stock performance and the predictability of a business. Over the long term, companies with higher predictability also have better stock performance.

The rank is from 1-star to 5-star, with 5-star as the best.

2. Financial Strength

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

  1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
  2. Debt to revenue ratio. The lower, the better.
  3. Altman Z-Score.

The rank is from 1 to 10, with 10 as the highest.

A Financial Strength rank of 8 or above indicates good financial strength; between 4-7 indicates fair financial strength; 3 or below means poor financial strength.

3. Profitability Rank

GuruFocus Profitability Rank indicates how profitable a company is and how likely it is that the company's business will stay that way. It is based on these factors:

  1. Operating Margin %.
  2. Piotroski F-Score.
  3. Trend of the Operating Margin percentage (five-year average). A company with an uptrend in profit margin will have a higher rank.
  4. Consistency of the profitability.
  5. Predictability Rank.

The rank is from 1 to 10, with 10 as the highest.

A Profitability Rank of 8 or above indicates good profitability; between 4-7 indicates fair profitability; 3 or below means poor profitability.

4. Peter Lynch Chart

In Peter Lynch's excellent book, "One Up on Wall Street," he used many charts to illustrate the valuation of stocks. “A quick way to tell if a stock is overpriced is to compare the price line to the earnings line. If you bought familiar growth companies – such as Shoney’s, The Limited, or Marriott – when the stock price fell well below the earnings line, and sold them when the stock price rose dramatically above it, the chances are you’d do pretty well.”

The original Peter Lynch Chart does have limitations due to the right side price scale is pre-set at 15 times the earnings scale on the left side. When the stock price and earnings line coincide, the price-to-earnings ratio is always 15 times. Instead of using the fixed PE Ratio of 15, our approach is using 15-year historical median PE without NRI Ratio for each stock.

The Peter Lynch Chart with earnings line at median PE without NRI ratio works well for the companies with steady growth and earnings trends, or the stalwarts, as coined by Lynch. These companies tend to be found in sectors such as consumer staples, healthcare, and utilities, where the consumption of the product or service is relatively independent of economic conditions. It does not work well with the sectors that are cyclical: industrials, chemicals, durable goods, and so forth.

5. GF Value

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

  1. Possible Value Trap, Think Twice
  2. Significantly Overvalued
  3. Modestly Overvalued
  4. Fairly Valued
  5. Modestly Undervalued
  6. Significantly Undervalued
There is only a sufficient margin of safety when the stock is undervalued.

Disclaimer

GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.