BAYCOM CORP (BCML)
US07272M1071 - Common Stock
Taking everything into account, BCML scores 4 out of 10 in our fundamental rating. BCML was compared to 412 industry peers in the Banks industry. While BCML is still in line with the averages on profitability rating, there are concerns on its financial health. BCML has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BCML had positive earnings in the past year.
In the past year BCML had a positive cash flow from operations.
Each year in the past 5 years BCML has been profitable.
In the past 5 years BCML always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.07%, BCML is in the better half of the industry, outperforming 67.96% of the companies in the same industry.
BCML has a Return On Equity (8.77%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 8.77% | ||
| ROIC | N/A |
ROA(3y)0.97%
ROA(5y)0.88%
ROE(3y)8.04%
ROE(5y)7.27%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of BCML (26.16%) is better than 61.89% of its industry peers.
BCML's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for BCML so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 26.16% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y18.47%
PM growth 5Y1.25%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BCML does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for BCML has been reduced compared to 1 year ago.
BCML has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BCML has been reduced compared to a year ago.
2.2 Solvency
BCML has a debt to FCF ratio of 2.53. This is a good value and a sign of high solvency as BCML would need 2.53 years to pay back of all of its debts.
BCML has a Debt to FCF ratio (2.53) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.23 indicates that BCML is not too dependend on debt financing.
The Debt to Equity ratio of BCML (0.23) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.53 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.86%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BCML shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.76%, which is quite good.
Measured over the past years, BCML shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.65% on average per year.
Looking at the last year, BCML shows a small growth in Revenue. The Revenue has grown by 1.98% in the last year.
BCML shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.19% yearly.
EPS 1Y (TTM)9.76%
EPS 3Y24.71%
EPS 5Y8.65%
EPS growth Q2Q-11.29%
Revenue 1Y (TTM)1.98%
Revenue growth 3Y6.38%
Revenue growth 5Y12.19%
Revenue growth Q2Q-4.31%
3.2 Future
Based on estimates for the next years, BCML will show a small growth in Earnings Per Share. The EPS will grow by 3.98% on average per year.
Based on estimates for the next years, BCML will show a decrease in Revenue. The Revenue will decrease by -0.15% on average per year.
EPS Next Y4.49%
EPS Next 2Y3.98%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.76%
Revenue Next 2Y-0.15%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.94 indicates a reasonable valuation of BCML.
63.11% of the companies in the same industry are more expensive than BCML, based on the Price/Earnings ratio.
BCML's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.11.
Based on the Price/Forward Earnings ratio of 8.55, the valuation of BCML can be described as reasonable.
Based on the Price/Forward Earnings ratio, BCML is valued a bit cheaper than the industry average as 78.40% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.39, BCML is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 8.55 |
4.2 Price Multiples
61.65% of the companies in the same industry are more expensive than BCML, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.04 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BCML does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)1.99
PEG (5Y)1.03
EPS Next 2Y3.98%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.06%, BCML has a reasonable but not impressive dividend return.
BCML's Dividend Yield is slightly below the industry average, which is at 3.76.
Compared to an average S&P500 Dividend Yield of 2.40, BCML has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.06% |
5.2 History
BCML has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
BCML pays out 13.26% of its income as dividend. This is a sustainable payout ratio.
DP13.26%
EPS Next 2Y3.98%
EPS Next 3YN/A
BAYCOM CORP
NASDAQ:BCML (5/7/2024, 7:00:02 PM)
20.11
-0.04 (-0.2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap230.66M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.06% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 8.55 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.99
PEG (5Y)1.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 8.77% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 26.16% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)9.76%
EPS 3Y24.71%
EPS 5Y
EPS growth Q2Q
EPS Next Y4.49%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.98%
Revenue growth 3Y6.38%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y