A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
SECURITY NATIONAL FINANCIAL CORP
SNFCA
$245M
Mkt Cap
$9.59
+2.79%
SECURITY NATIONAL FINANCIAL CORP (SNFCA) has a current P/E ratio of 13.1, compared to its historical median P/E of 6.0. The stock is currently considered Expensive based on its historical valuation range.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) has a 5-year average return on invested capital (ROIC) of 6.9%. This is below average and may indicate limited pricing power.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) has a market capitalization of $245M. It is classified as a small-cap stock.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.66%.
Based on historical P/E analysis, SECURITY NATIONAL FINANCIAL CORP (SNFCA) appears expensive. The current P/E of 13.1 is 121% above its historical median of 6.0. The estimated fair value CAGR (P/E method) is -3.3%.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) operates in the Finance Services industry, within the Financials sector.
Item 1. Business Security National Financial Corporation (the “Company”) operates in three reportable business segments: life insurance, cemetery and mortuary, and mortgages. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. These products are marketed in 42 states through a commissioned sales force of independent licensed insurance agents who may also sell insurance products of other companies. The cemetery and mortuary segment consists of eleven mortuaries and five cemeteries in the state of Utah, one cemetery in the state of California, and one cemetery and four mortuaries in the state of New Mexico. The Company also engages in pre-need selling of funeral, cemetery, mortuary, and cremation services through its cemetery and mortuary locations.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 345M | 345M | 335M | 318M | 390M | 471M |
| Net Income | 32M | 32M | 29M | 14M | 26M | 40M |
| EPS | $1.26 | $1.26 | $1.16 | $0.61 | $1.12 | $1.80 |
| Free Cash Flow | 44M | 44M | 55M | 53M | 129M | 139M |
| ROIC | 5.1% | 8.1% | 8.4% | 4.8% | 5.9% | 7.2% |
| Gross Margin | 69.4% | 69.4% | 68.5% | 7.4% | 11.5% | 12.9% |
| Debt/Equity | 0.79 | 0.79 | 0.79 | 0.88 | 0.34 | 1.22 |
| Dividends/Share | $0.00 | $0.00 | - | - | - | - |
| Operating Income | 41M | 41M | 37M | 16M | 34M | 52M |
| Operating Margin | 12.0% | 12.0% | 11.2% | 5.1% | 8.8% | 11.0% |
| ROE | 7.8% | 8.1% | 8.4% | 4.8% | 8.7% | 14.0% |
| Shares Outstanding | 26M | 26M | 25M | 24M | 23M | 22M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 225M | 280M | 304M | 277M | 280M | 283M | 481M | 471M | 390M | 318M | 335M | 345M | 345M |
| Gross Margin | 9.4% | 10.9% | 10.0% | 7.2% | 13.8% | 8.1% | 17.1% | 12.9% | 11.5% | 7.4% | 68.5% | 69.4% | 69.4% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT | 14M | 21M | 20M | 7.5M | 26M | 14M | 71M | 52M | 34M | 16M | 37M | 41M | 41M |
| Op. Margin | 6.1% | 7.5% | 6.5% | 2.7% | 9.4% | 4.9% | 14.8% | 11.0% | 8.8% | 5.1% | 11.2% | 12.0% | 12.0% |
| Net Income | 8.2M | 13M | 12M | 14M | 22M | 11M | 56M | 40M | 26M | 14M | 29M | 32M | 32M |
| Net Margin | 3.7% | 4.8% | 4.0% | 5.1% | 7.8% | 3.8% | 11.5% | 8.4% | 6.6% | 4.6% | 8.7% | 9.3% | 9.3% |
| Non-Recurring | 164K | 605K | 270K | 0 | 0 | 0 | 0 | 0 | 34M | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 8.6% | 12.1% | 9.7% | 10.0% | 13.5% | 5.9% | 15.6% | 7.2% | 5.9% | 4.8% | 8.4% | 8.1% | 5.1% |
| ROE | 8.6% | 12.1% | 9.7% | 10.0% | 13.5% | 5.9% | 24.1% | 14.0% | 8.7% | 4.8% | 8.4% | 8.1% | 7.8% |
| ROA | 1.3% | 1.8% | 1.4% | 1.5% | 2.1% | 0.9% | 3.9% | 2.6% | 1.7% | 1.0% | 2.0% | 2.1% | 2.1% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -12M | -28M | 36M | 44M | 7.0M | -76M | -130M | 145M | 130M | 54M | 57M | 46M | 46M |
| Free Cash Flow | -14M | -32M | 32M | 43M | 5.7M | -77M | -131M | 139M | 129M | 53M | 55M | 44M | 44M |
| Owner Earnings | -17M | -34M | 30M | 26M | 1.3M | -78M | -132M | 143M | 127M | 51M | 54M | 42M | 42M |
| CapEx | 1.5M | 3.6M | 3.6M | 911K | 1.3M | 1.8M | 1.6M | 5.2M | 1.6M | 1.1M | 2.5M | 1.7M | 1.7M |
| Maint. CapEx | 4.4M | 5.0M | 5.6M | 18M | 5.5M | 1.7M | 2.1M | 1.9M | 2.5M | 2.4M | 2.4M | 2.4M | 2.4M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 128K | 0 | 3.3M | 0 | 0 | 86K | 0 | 0 |
| D&A | 4.4M | 5.0M | 5.6M | 18M | 5.5M | 1.7M | 2.1M | 1.9M | 2.5M | 2.4M | 2.4M | 2.4M | 2.4M |
| CapEx/OCF | 4.9% | N/A | 10.0% | 2.1% | 18.3% | N/A | N/A | 3.6% | 1.2% | 2.1% | 4.3% | N/A | 3.7% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 3.0M | 5.8M | 7.7M | 2.8M | 3.1M | 1.6M | 1.6M |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | 1.9% | 3.0% | 5.0% | 1.4% | 1.1% | 0.0% | 0.7% |
| Stock-Based Comp | 391K | 388K | 344K | 396K | 237K | 257K | 359K | 118K | 930K | 601K | 801K | 1.3M | 1.3M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | -14M | -45M | -64M | -11M | -141M | -126M | -237M | -26M | -368M | -233M | -205M | -163M | 220M |
| Cash & Equiv. | 31M | 40M | 39M | 45M | 142M | 128M | 106M | 131M | 121M | 127M | 141M | 102M | 102M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | 254M | 280M | N/A | N/A | N/A | N/A | 322M |
| Debt/Equity | 0.42 | 0.10 | 0.02 | 0.01 | 0.01 | 0.01 | 0.62 | 1.22 | 0.34 | 0.88 | 0.79 | 0.79 | 0.79 |
| Interest Coverage | 4.6 | 4.7 | 3.9 | 1.2 | 3.8 | 1.9 | 8.3 | 7.3 | 4.4 | 3.4 | 8.8 | 9.2 | 9.2 |
| Equity | 104M | 118M | 133M | 149M | 172M | 197M | 264M | 300M | 293M | 313M | 382M | 410M | 410M |
| Total Assets | 671M | 840M | 952M | 982M | 1.1B | 1.3B | 1.5B | 1.5B | 1.5B | 1.4B | 1.5B | 1.6B | 1.6B |
| Total Liabilities | 574M | 723M | 820M | 834M | 879M | 1.1B | 1.3B | 1.2B | 1.2B | 1.1B | 1.1B | 1.2B | 1.2B |
| Intangibles | N/A | N/A | N/A | N/A | 855K | 1.4M | 1.3M | 3.5M | 3.3M | 3.0M | 4.1M | 3.7M | 3.7M |
| Retained Earnings | 44M | 61M | 67M | 78M | 95M | 101M | 154M | 185M | 202M | 207M | 228M | 249M | 249M |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Per Share Data | |||||||||||||
| EPS | 0.57 | 0.89 | 0.77 | 0.82 | 1.19 | 0.58 | 2.74 | 1.80 | 1.12 | 0.61 | 1.16 | 1.26 | 1.26 |
| Owner EPS | -1.20 | -2.23 | 1.87 | 1.53 | 0.07 | -4.13 | -6.51 | 6.49 | 5.54 | 2.14 | 2.16 | 1.64 | 1.64 |
| Book Value | 7.19 | 7.85 | 8.37 | 8.63 | 9.43 | 10.47 | 13.01 | 13.65 | 12.76 | 13.17 | 15.21 | 16.08 | 16.08 |
| Cash Flow/Share | -0.86 | -1.87 | 2.24 | 2.57 | 0.38 | -4.03 | -6.39 | 6.59 | 5.69 | 2.27 | 2.28 | 1.78 | 1.36 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 | 0.00 |
| Shares Out. | 14.4M | 15.0M | 15.8M | 17.2M | 18.2M | 18.8M | 20.3M | 22.0M | 22.9M | 23.8M | 25.1M | 25.5M | 25.5M |
| Valuation | |||||||||||||
| P/E Ratio | 9.2 | 7.1 | 8.2 | 5.8 | 4.2 | 10.2 | 2.8 | 4.8 | 6.0 | 14.1 | 10.9 | N/A | 7.6 |
| P/FCF | N/A | N/A | 2.3 | 1.5 | 12.5 | N/A | N/A | 1.2 | 1.1 | 3.7 | 5.3 | N/A | 5.6 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11.2 |
| Price/Book | 0.7 | 0.8 | 0.8 | 0.6 | 0.5 | 0.6 | 0.6 | 0.6 | 0.5 | 0.7 | 0.9 | N/A | 0.6 |
| Price/Sales | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.6 | N/A | 0.7 |
| FCF Yield | -19.6% | -33.5% | 31.9% | 53.0% | 6.3% | -69.5% | -83.1% | 73.2% | 84.3% | 25.9% | 18.9% | N/A | 17.9% |
| Market Cap | 71M | 95M | 100M | 82M | 91M | 111M | 158M | 190M | 153M | 204M | 290M | 0 | 245M |
| Avg. Price | 3.02 | 4.54 | 3.99 | 4.41 | 3.92 | 4.01 | 4.90 | 7.07 | 6.92 | 6.83 | 8.12 | 0.00 | 9.59 |
| Year-End Price | 3.72 | 4.49 | 4.73 | 3.73 | 3.92 | 4.65 | 6.40 | 7.49 | 6.05 | 8.17 | 11.54 | 0.00 | 9.59 |
SECURITY NATIONAL FINANCIAL CORP passes 1 of 9 quality checks, indicating weak fundamentals.
SECURITY NATIONAL FINANCIAL CORP trades at 13.1x trailing earnings, compared to its 15-year median P/E of 6.0x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 4.6x vs a median of 2.3x. The company's 5-year average ROIC is 6.9% with a gross margin of 33.9%. Total shareholder yield (buybacks) is 0.7%. At current prices, the estimated annualized return to fair value is +25.9%.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) reported annual revenue of $345 million in its most recent fiscal year, based on SEC EDGAR filings.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) has a net profit margin of 9.3%. This is a modest margin.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) generated $44 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) has a debt-to-equity ratio of 0.79. This indicates moderate leverage.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) reported earnings per share (EPS) of $1.26 in its most recent fiscal year.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) has a return on equity (ROE) of 8.1%. This indicates moderate shareholder returns.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) has a 5-year average gross margin of 33.9%. This indicates decent pricing power.
The Ledger Terminal provides 16 years of financial data for SECURITY NATIONAL FINANCIAL CORP (SNFCA), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
SECURITY NATIONAL FINANCIAL CORP (SNFCA) has a book value per share of $16.08, based on its most recent annual SEC filing.