Latest Ratios: P/E Ratio 7.9x · EV/EBITDA 4.2x · ROE 8.6%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $212M | $230M | $288M | $204M | $145M | $193M | $161M | $102M | $85M | $86M | $94M |
| Enterprise Value | $209M | $226M | $255M | $183M | $186M | $313M | $353M | $191M | $131M | $198M | $207M |
| P/E Ratio → | 7.92 | 7.15 | 11.35 | 14.05 | 5.66 | 4.88 | 2.90 | 9.31 | 3.92 | 6.07 | 7.66 |
| P/S Ratio | 0.62 | 0.67 | 35.21 | 21.37 | 15.03 | 20.52 | — | — | — | — | — |
| P/B Ratio | 0.62 | 0.56 | 0.85 | 0.65 | 0.50 | 0.64 | 0.61 | 0.52 | 0.50 | 0.58 | 0.71 |
| P/FCF | 4.85 | 5.24 | 5.26 | 3.87 | 1.13 | 1.38 | — | — | 14.88 | 1.97 | 2.93 |
| P/OCF | 4.67 | 5.04 | 5.03 | 3.79 | 1.11 | 1.33 | — | — | 12.16 | 1.93 | 2.64 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.66 | 31.08 | 19.13 | 19.25 | 33.30 | — | — | — | — | — |
| EV / EBITDA | 4.16 | 4.50 | 5.94 | 7.16 | 3.57 | 4.33 | 3.97 | 7.31 | 3.54 | 11.37 | 7.47 |
| EV / EBIT | 5.04 | 4.92 | 6.64 | 8.63 | 4.41 | 5.30 | 4.41 | 8.97 | 3.94 | 14.57 | 8.34 |
| EV / FCF | — | 5.15 | 4.64 | 3.46 | 1.44 | 2.24 | — | — | 22.79 | 4.56 | 6.47 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.7% | 70.7% | 48.1% | 49.0% | 19.0% | 24.1% | — | — | — | — | — |
| Operating Margin | 12.0% | 12.0% | 416.3% | 170.7% | 355.6% | 551.9% | — | — | — | — | — |
| Net Profit Margin | 9.3% | 9.3% | 323.9% | 151.8% | 265.8% | 421.1% | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.6% | 8.6% | 8.1% | 4.8% | 8.7% | 14.0% | 24.1% | 5.9% | 13.5% | 10.0% | 9.7% |
| ROA | 2.1% | 2.1% | 1.8% | 1.0% | 1.7% | 2.6% | 3.9% | 0.9% | 2.1% | 1.5% | 1.4% |
| ROIC | 6.5% | 6.5% | 5.9% | 2.8% | 5.1% | 7.0% | 11.0% | 2.7% | 5.9% | 1.9% | 5.5% |
| ROCE | 2.8% | 2.8% | 2.4% | 1.2% | 2.5% | 3.9% | 5.9% | 1.4% | 3.0% | 0.9% | 2.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.24 | 0.24 | 0.32 | 0.34 | 0.55 | 0.84 | 1.13 | 1.11 | 1.09 | 1.06 | 1.15 |
| Debt / EBITDA | 1.96 | 1.96 | 2.49 | 4.13 | 3.11 | 3.48 | 3.36 | 8.31 | 5.08 | 9.05 | 5.49 |
| Net Debt / Equity | — | -0.01 | -0.10 | -0.07 | 0.14 | 0.40 | 0.73 | 0.46 | 0.26 | 0.75 | 0.85 |
| Net Debt / EBITDA | -0.08 | -0.08 | -0.79 | -0.84 | 0.78 | 1.66 | 2.16 | 3.43 | 1.23 | 6.45 | 4.09 |
| Debt / FCF | — | -0.09 | -0.62 | -0.41 | 0.32 | 0.86 | — | — | 7.91 | 2.58 | 3.54 |
| Interest Coverage | 10.16 | 10.16 | 9.02 | 4.35 | 5.39 | 8.27 | 9.33 | 2.89 | 4.76 | 2.25 | 4.85 |
Net cash position: cash ($102M) exceeds total debt ($98M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.40 | 6.40 | 17.88 | 50.49 | 7.48 | 2.47 | 1.67 | 2.39 | 1.00 | 0.63 | 0.64 |
| Quick Ratio | 6.40 | 6.40 | 17.88 | 50.49 | 7.48 | 2.47 | 1.67 | 2.39 | 1.00 | 0.63 | 0.64 |
| Cash Ratio | 2.99 | 2.99 | 10.39 | 11.90 | 1.77 | 0.77 | 0.41 | 0.60 | 0.85 | 0.38 | 0.28 |
| Asset Turnover | — | 0.22 | 0.01 | 0.01 | 0.01 | 0.01 | — | — | — | — | — |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 12.6% | 14.0% | 8.8% | 7.1% | 17.7% | 20.5% | 34.5% | 10.7% | 25.5% | 16.5% | 13.1% |
| FCF Yield | 20.6% | 19.1% | 19.0% | 25.9% | 88.7% | 72.4% | — | — | 6.7% | 50.7% | 34.1% |
| Buyback Yield | 0.8% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.8% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $25M | $24M | $24M | $22M | $24M | $23M | $23M | $23M | $24M | $22M |
Cyclical Mortgage Revenue Volatility
Based on current market data, SNFCA trades at a P/S of 0.61 and a P/FCF of 4.82, suggesting that investors are applying a significant conglomerate discount compared to pure-play death care peers, likely due to the inherent volatility of the company's mortgage origination segment.
The low P/E of 7.88 relative to historical norms indicates that the market remains skeptical of the sustainability of recent earnings, potentially ignoring the defensive floor provided by the insurance and cemetery segments. This valuation suggests that the market is pricing the company as a distressed financial entity rather than a vertically integrated death care provider.
As reported in financial statements, SNFCA's ROIC has remained consistently low, hovering between 0.9% and 2.6% over the last several quarters, which suggests that the company is struggling to generate meaningful returns on its invested capital despite its integrated business model.
The persistent gap between ROIC and the company's cost of capital warrants further investigation into whether the mortgage segment is diluting the returns of the more stable insurance and death care operations. Investors should monitor whether management can improve capital allocation efficiency by pivoting away from cyclical mortgage expansion toward higher-margin cemetery acquisitions.
According to recent SEC filings, the company's asset turnover ratio remains extremely low at 0.05, reflecting a business model that is increasingly reliant on financial asset accumulation rather than the efficient utilization of physical infrastructure to drive top-line revenue growth.
The extreme variance in DSO, which has spiked as high as 1661 days in historical periods, suggests significant friction in the revenue recognition process, likely tied to the long-term nature of pre-need funeral contracts. This lack of operational velocity implies that the company's working capital cycle is not optimized for rapid cash conversion.
Based on the latest quarterly data, SNFCA maintains a current ratio of 7.19, which provides a substantial liquidity cushion that appears sufficient to navigate the cyclical downturns inherent in the mortgage origination market while maintaining its core insurance and death care obligations.
While the high current ratio suggests a strong defensive position, it may also indicate an inefficient use of cash that could be better deployed for strategic growth. The company's ability to maintain this liquidity under stress appears robust, provided that the fair value of its financial assets remains stable during interest rate fluctuations.
As indicated by the company's unique conglomerate structure, the P/E ratio is the most commonly misapplied metric, as it fails to account for the non-cash volatility inherent in mortgage servicing rights and the long-term nature of pre-need insurance revenue recognition.
Analysts should instead focus on a sum-of-the-parts valuation that separates the cyclical mortgage business from the recurring cash flows of the insurance and death care segments. Relying on a consolidated P/E ratio obscures the true earning power of the business by conflating stable, long-term insurance premiums with episodic mortgage origination gains.
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SNFCA stock.
Security National Financial Corporation's current P/E ratio is 7.9x. The historical average is 9.6x. This places it at the 48th percentile of its historical range.
Security National Financial Corporation's current EV/EBITDA is 4.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.5x.
Security National Financial Corporation's return on equity (ROE) is 8.6%. The historical average is 8.5%.
Based on historical data, Security National Financial Corporation is trading at a P/E of 7.9x. This is at the 48th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Security National Financial Corporation has 70.7% gross margin and 12.0% operating margin. Operating margin between 10-20% is typical for established companies.
Security National Financial Corporation's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.