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22.74 (1y: +71%)
Market Cap 9.94 B P/E(ttm) 9.20
Enterprise Value 175.65 B P/B 2.04
SLM- NAS (USA)
SLM Corp
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$22.74
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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).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.023
SLM's Cash to Debt is ranked lower than
74% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 0.14 vs. SLM: 0.023 )
SLM' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.05
Current: 0.02
0.01
0.05
Equity to Asset 0.025
SLM's Equity to Asset is ranked lower than
87% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 0.16 vs. SLM: 0.025 )
SLM' s 10-Year Equity to Asset Range
Min: 0.02   Max: 0.03
Current: 0.03
0.02
0.03
Interest Coverage No Debt
SLM's Interest Coverage is ranked lower than
56% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 10000.00 vs. SLM: No Debt )
SLM' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 0.17
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 40.40
SLM's Operating margin (%) is ranked higher than
63% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 28.70 vs. SLM: 40.40 )
SLM' s 10-Year Operating margin (%) Range
Min: -23.1   Max: 69.6
Current: 40.4
-23.1
69.6
Net-margin (%) 26.5
SLM's Net-margin (%) is ranked higher than
59% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 18.90 vs. SLM: 26.5 )
SLM' s 10-Year Net-margin (%) Range
Min: -43   Max: 50.6
Current: 26.5
-43
50.6
ROE (%) 18.6
SLM's ROE (%) is ranked higher than
69% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 11.80 vs. SLM: 18.6 )
SLM' s 10-Year ROE (%) Range
Min: -17.2   Max: 61.7
Current: 18.6
-17.2
61.7
ROA (%) 0.5
SLM's ROA (%) is ranked lower than
85% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 2.20 vs. SLM: 0.5 )
SLM' s 10-Year ROA (%) Range
Min: -0.6   Max: 2.4
Current: 0.5
-0.6
2.4
ROC (Joel Greenblatt) (%) 8.90
SLM's ROC (Joel Greenblatt) (%) is ranked lower than
65% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 44.40 vs. SLM: 8.90 )
SLM' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1.7   Max: 220
Current: 8.9
-1.7
220
Revenue Growth (%) 2.8
SLM's Revenue Growth (%) is ranked higher than
94% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 1.90 vs. SLM: 2.8 )
SLM' s 10-Year Revenue Growth (%) Range
Min: -15.5   Max: 25.8
Current: 2.8
-15.5
25.8
EBITDA Growth (%) 18.5
SLM's EBITDA Growth (%) is ranked lower than
87% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 6.70 vs. SLM: 18.5 )
SLM' s 10-Year EBITDA Growth (%) Range
Min: -23.3   Max: 43.7
Current: 18.5
-23.3
43.7
EPS Growth (%) 49.5
SLM's EPS Growth (%) is ranked lower than
96% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 6.00 vs. SLM: 49.5 )
SLM' s 10-Year EPS Growth (%) Range
Min: -38.3   Max: 51.8
Current: 49.5
-38.3
51.8
» SLM's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

SLM Guru Trades in Q2 2012

Paul Tudor Jones 16,600 sh (+25.76%)
Irving Kahn 1,924,079 sh (+0.8%)
Prem Watsa 25,000 sh (unchged)
Brian Rogers 10,529,100 sh (unchged)
Lee Ainslie Sold Out
James Barrow 47,383,322 sh (-2.27%)
Mario Gabelli 862,300 sh (-4.11%)
Leon Cooperman 15,209,724 sh (-11.09%)
Jeremy Grantham 443,200 sh (-14.8%)
Steven Cohen 24,385 sh (-46.56%)
» More
Q3 2012

SLM Guru Trades in Q3 2012

Joel Greenblatt 14,740 sh (New)
Pioneer Investments 10,047 sh (New)
Leon Cooperman 15,590,624 sh (+2.5%)
Jeremy Grantham 447,600 sh (+0.99%)
Prem Watsa 25,000 sh (unchged)
Brian Rogers 10,529,100 sh (unchged)
James Barrow 47,288,282 sh (-0.2%)
Steven Cohen 24,100 sh (-1.17%)
Irving Kahn 1,879,179 sh (-2.33%)
Paul Tudor Jones 14,900 sh (-10.24%)
Mario Gabelli 771,800 sh (-10.5%)
» More
Q4 2012

SLM Guru Trades in Q4 2012

Pioneer Investments 13,048 sh (+29.87%)
Paul Tudor Jones 17,600 sh (+18.12%)
Steven Cohen 26,378 sh (+9.45%)
Irving Kahn 1,939,789 sh (+3.23%)
Joel Greenblatt 14,894 sh (+1.04%)
Prem Watsa 25,000 sh (unchged)
Jeremy Grantham 601,300 sh (unchged)
Leon Cooperman 15,531,524 sh (-0.38%)
James Barrow 47,033,504 sh (-0.54%)
Brian Rogers 10,029,100 sh (-4.75%)
Mario Gabelli 617,800 sh (-19.95%)
» More
Q1 2013

SLM Guru Trades in Q1 2013

Pioneer Investments 1,431,118 sh (+10868.1%)
Steven Cohen 83,551 sh (+216.75%)
Paul Tudor Jones 20,500 sh (+16.48%)
Joel Greenblatt 16,198 sh (+8.76%)
Jeremy Grantham 604,200 sh (+0.48%)
Louis Moore Bacon 150,000 sh (unchged)
Prem Watsa 25,000 sh (unchged)
Brian Rogers 10,029,100 sh (unchged)
James Barrow 46,784,738 sh (-0.53%)
Leon Cooperman 14,970,463 sh (-3.61%)
Mario Gabelli 589,800 sh (-4.53%)
Irving Kahn 1,827,321 sh (-5.8%)
» More
» Details

Insider Trades

Latest Guru Trades with SLM

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Leon Cooperman 2013-03-31 Reduce -3.61%0.18%$16.75 - $20.5 $ 22.7423%14970463
Irving Kahn 2012-12-31 Add 3.23%0.18%$16.19 - $17.75 $ 22.7434%1939789
Leon Cooperman 2012-09-30 Add 2.5%0.12%$15.23 - $16.78 $ 22.7442%15590624
Joel Greenblatt 2012-09-30 New Buy0.02%$15.23 - $16.78 $ 22.7442%14740
Lee Ainslie 2012-06-30 Sold Out 1.4%$13.06 - $15.75 $ 22.7457%0
Lee Ainslie 2012-03-31 Reduce -51.02%1.22%$13.45 - $16.57 $ 22.7456%6330638
Dodge & Cox 2012-03-31 Sold Out 0.0045%$13.45 - $16.57 $ 22.7456%0
Lee Ainslie 2011-12-31 New Buy2.4%$11.35 - $14.34 $ 22.7472%12925401
Dodge & Cox 2011-12-31 Reduce -92.9%0.06%$11.35 - $14.34 $ 22.7472%237700
Dodge & Cox 2011-09-30 Reduce -91.33%0.69%$11.98 - $17 $ 22.7458%3346236
Leon Cooperman 2011-09-30 Add 4.98%0.33%$11.98 - $17 $ 22.7458%18847600
Whitney Tilson 2011-09-30 Sold Out 0.0883%$11.98 - $17 $ 22.7458%0
George Soros 2011-09-30 Sold Out 0.003%$11.98 - $17 $ 22.7458%0
Irving Kahn 2011-06-30 Add 10.25%0.54%$14.46 - $17.04 $ 22.7442%1987979
Michael Price 2011-06-30 Sold Out 0.05%$14.46 - $17.04 $ 22.7442%0
George Soros 2011-06-30 Reduce -61.18%$14.46 - $17.04 $ 22.7442%12500
Michael Price 2011-03-31 Reduce -87.83%0.36%$12.59 - $15.51 $ 22.7457%20000
Mario Gabelli 2011-03-31 Reduce -52.14%0.1%$12.59 - $15.51 $ 22.7457%818800
George Soros 2011-03-31 Reduce -38.55%0.01%$12.59 - $15.51 $ 22.7457%32200
Whitney Tilson 2010-12-31 Add 83.75%0.03%$11.06 - $13.05 $ 22.7491%18557
David Dreman 2010-12-31 Sold Out 0.01%$11.06 - $13.05 $ 22.7491%0
George Soros 2010-12-31 Add 84.51%$11.06 - $13.05 $ 22.7491%52400
Irving Kahn 2010-09-30 Add 5.09%0.2%$10.32 - $12.3 $ 22.7497%1823629
Mario Gabelli 2010-09-30 Add 129.62%0.05%$10.32 - $12.3 $ 22.7497%1694800
Whitney Tilson 2010-09-30 New Buy0.02%$10.32 - $12.3 $ 22.7497%10099
Prem Watsa 2010-09-30 Add 66.67%$10.32 - $12.3 $ 22.7497%25000
Irving Kahn 2010-06-30 Add 19.1%0.65%$10.24 - $13.58 $ 22.7491%1735279
Michael Price 2010-06-30 Reduce -68.41%0.25%$10.24 - $13.58 $ 22.7491%164300
Edward Lampert 2010-06-30 Sold Out 0.11%$10.24 - $13.58 $ 22.7491%0
Mario Gabelli 2010-06-30 Reduce -55.97%0.03%$10.24 - $13.58 $ 22.7491%738100
George Soros 2010-06-30 Reduce -63.31%0.01%$10.24 - $13.58 $ 22.7491%28400
Prem Watsa 2010-06-30 New Buy0.01%$10.24 - $13.58 $ 22.7491%15000
Irving Kahn 2010-03-31 Add 18.3%0.6%$10.16 - $12.67 $ 22.7499%1456994
Edward Lampert 2010-03-31 Reduce -62.05%0.07%$10.16 - $12.67 $ 22.7499%1097100
George Soros 2010-03-31 New Buy0.01%$10.16 - $12.67 $ 22.7499%77400
David Dreman 2010-03-31 Reduce -40.79%$10.16 - $12.67 $ 22.7499%23310
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of SLM Corp

SymbolPriceYieldDescription
SLMBP64.003.34Floating-Rate NonCumulative Preferred Stock, Series B
SLMAP50.466.916.97% Cumulative Redeemable Preferred Stock, Series A

Top Ranked Articles about SLM Corp

Leon Cooperman Makes Another Reduction to KKR Financial Stake
January 7, 2013
Leon Cooperman - Leon Cooperman Makes Another Reduction To KKR Financial Stake
Today, Omega Advisors’ Leon Cooperman has reported a 3.56 percent reduction to his stake in KKR Financial Corp. (KFN), according to GuruFocus Real Time Picks. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 9.20
SLM's P/E(ttm) is ranked higher than
81% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 11.30 vs. SLM: 9.20 )
SLM' s 10-Year P/E(ttm) Range
Min: 5.51   Max: 152.97
Current: 9.2
5.51
152.97
P/B 2.04
SLM's P/B is ranked lower than
54% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 1.35 vs. SLM: 2.04 )
SLM' s 10-Year P/B Range
Min: 0.31   Max: 9.9
Current: 2.04
0.31
9.9
P/S 2.72
SLM's P/S is ranked higher than
56% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 2.29 vs. SLM: 2.72 )
SLM' s 10-Year P/S Range
Min: 0.83   Max: 16.22
Current: 2.72
0.83
16.22
PFCF 4.08
SLM's PFCF is ranked higher than
81% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 6.12 vs. SLM: 4.08 )
SLM' s 10-Year PFCF Range
Min: 1.51   Max: 2363
Current: 4.08
1.51
2363
EV-to-EBIT 96.94
SLM's EV-to-EBIT is ranked higher than
99% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 16.25 vs. SLM: 96.94 )
SLM' s 10-Year EV-to-EBIT Range
Min: 30.9   Max: 480.6
Current: 96.94
30.9
480.6
Shiller P/E 456.98
SLM's Shiller P/E is ranked higher than
94% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 10.04 vs. SLM: 456.98 )
SLM' s 10-Year Shiller P/E Range
Min: 2.23   Max: 454.8
Current: 456.98
2.23
454.8

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.31
SLM's Dividend Yield is ranked higher than
72% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 2.45 vs. SLM: 2.31 )
SLM' s 10-Year Dividend Yield Range
Min: 0.59   Max: 3.3
Current: 2.31
0.59
3.3
Dividend Payout 0.3
SLM's Dividend Payout is ranked higher than
82% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 0.56 vs. SLM: 0.3 )
SLM' s 10-Year Dividend Payout Range
Min: 0.15   Max: 0.38
Current: 0.3
0.15
0.38
Yield on cost (5-Year) 2.40
SLM's Yield on cost (5-Year) is ranked higher than
71% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 2.90 vs. SLM: 2.40 )
SLM' s 10-Year Yield on cost (5-Year) Range
Min: 0.59   Max: 3.3
Current: 2.4
0.59
3.3
Share Buyback Rate -0.6
SLM's Share Buyback Rate is ranked higher than
54% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: -0.50 vs. SLM: -0.6 )
SLM' s 10-Year Share Buyback Rate Range
Min: 3.5   Max: -4.3
Current: -0.6

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 3.2
SLM's Price/Net Current Asset Value is ranked lower than
69% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 2.50 vs. SLM: 3.2 )
SLM' s 10-Year Price/Net Current Asset Value Range
Min: 1.5   Max: 16.1
Current: 3.2
1.5
16.1
Price/Tangible Book 2.2
SLM's Price/Tangible Book is ranked higher than
66% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 1.60 vs. SLM: 2.2 )
SLM' s 10-Year Price/Tangible Book Range
Min: 1.1   Max: 12.5
Current: 2.2
1.1
12.5
Price/Median PS Value 0.5
SLM's Price/Median PS Value is ranked lower than
66% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 1.00 vs. SLM: 0.5 )
SLM' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.5
Current: 0.5
0.3
1.5
Price/Graham Number 1
SLM's Price/Graham Number is ranked higher than
66% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 0.80 vs. SLM: 1 )
SLM' s 10-Year Price/Graham Number Range
Min: 0.8   Max: 3.6
Current: 1
0.8
3.6
Earnings Yield (Greenblatt) 1.00
SLM's Earnings Yield (Greenblatt) is ranked lower than
85% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 8.45 vs. SLM: 1.00 )
SLM' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 3.2
Current: 1
0.2
3.2
Forward Rate of Return (Yacktman) -36.62
SLM's Forward Rate of Return (Yacktman) is ranked lower than
84% of the 68 Companies
in the Global Credit Services industry.

( Industry Median: 19.78 vs. SLM: -36.62 )
SLM' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -99.7   Max: 46.8
Current: -36.62
-99.7
46.8

Business Description

SLM Corporation was formed in 1972. SLM Corporation, commonly known as Sallie Mae, is a holding company that operates through a number of subsidiaries. The Company was formed as the Student Loan Marketing Association, a federally chartered government-sponsored enterprise, with the goal of furthering access to higher education by providing a secondary market for student loans. The Company's main business is to originate, service and collect loans made to students and/or their parents to finance the cost of their education. It provides funding, delivery and servicing support for education loans in the United States through its participation in the Federal Family Education Loan Program, as a servicer of loans for the Department of Education and through its non-federally guaranteed Private Education Loan programs. It provides credit products and related services to the higher education and consumer credit communities and others through two main business segments: Lending business segment and Asset Performance Group business segment. In addition, within its Corporate and Other business segment, it provides a number of products and services that are managed within smaller operating segments, the most prominent being its Guarantor Servicing and Loan Servicing businesses. In the Lending business segment, it originates and acquires both federally guaranteed student loans and Private Education Loans, which are not federally guaranteed. The Company manages the portfolio of FFELP and Private Education Loans in the student loan industry. In the Company's APG business segment, it provides student loan default aversion services, defaulted student loan portfolio management services and contingency collections services for student loans and other asset classes. The Company provides default aversion services for five Guarantors, including the nation's USA Funds. The Company's APG business segment manages the defaulted student loan portfolios for six Guarantors under long-term contracts. The Company's APG business segment is also engaged in the collection of defaulted student loans on behalf of various clients, including schools, Guarantors, ED and other federal and state agencies. The Company has faced competition for both federally guaranteed and non-guaranteed student loans from a variety of financial institutions, including banks, thrifts and state-supported secondary markets. The Company is subject to the HEA and, from time to time, to review of its student loan operations by ED and guarantee agencies. As a third-party service provider to financial institutions, the Company is also subject to examination by the Federal Financial Institutions Examination Council.
Company Website
SEC Reports
Industry: Credit Services
Compare:V, MA, TCAP, DFS, COF
Traded in other countries:SM1.Germany
» More Articles for SLM

Headlines

Articles On GuruFocus.com
My 3 Favorites from the 20 Most Recommended Financial Dividend Shares Jan 15 2013 
Leon Cooperman Makes Another Reduction to KKR Financial Stake Jan 07 2013 
Could These Potential Takeover Targets Help Your Portfolio? Mar 05 2012 
Low P/E Stocks from Irving Kahn Jan 05 2012 
Leon Cooperman Portfolio's Top 5 Holdings: SLM, APL, LINE, KFN, GLD Nov 29 2011 
Weekly CEO Buys Highlight: SLM, MASI, ITRI, FLS, PG Nov 06 2011 
Delivering Alpha: Leon Cooperman Full Presentation Sep 18 2011 
Irving Kahn Adds New York Times, Sallie Mae, and Citigroup Aug 10 2011 
Dividend Hikes: SLM, People’s United Financial and NewMarket Apr 20 2011 
SLM Corp. Reports Operating Results (10-K) Feb 28 2011 

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