BAYCOM CORP (BCML) Stock Fundamental Analysis
USA - NASDAQ:BCML - US07272M1071 - Common Stock
27.26 USD
+0.12 (+0.44%)
27.26 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to BCML. BCML was compared to 390 industry peers in the Banks industry. Both the profitability and financial health of BCML have multiple concerns. BCML is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BCML was profitable.
In the past year BCML had a positive cash flow from operations.
Each year in the past 5 years BCML has been profitable.
Each year in the past 5 years BCML had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.92%, BCML is in line with its industry, outperforming 55.38% of the companies in the same industry.
BCML's Return On Equity of 7.32% is on the low side compared to the rest of the industry. BCML is outperformed by 60.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.92% | ||
| ROE | 7.32% | ||
| ROIC | N/A |
ROA(3y)0.97%
ROA(5y)0.88%
ROE(3y)7.84%
ROE(5y)7.37%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of BCML (24.63%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of BCML has grown nicely.
BCML does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.63% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.54%
PM growth 5Y1.61%
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.
Compared to 1 year ago, BCML has less shares outstanding
BCML has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, BCML has an improved debt to assets ratio.
2.2 Solvency
BCML has a debt to FCF ratio of 2.26. This is a good value and a sign of high solvency as BCML would need 2.26 years to pay back of all of its debts.
BCML's Debt to FCF ratio of 2.26 is in line compared to the rest of the industry. BCML outperforms 47.44% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that BCML is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.22, BCML is not doing good in the industry: 60.51% of the companies in the same industry are doing better.
Although BCML does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 2.26 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.02%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BCML shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
Measured over the past 5 years, BCML shows a small growth in Earnings Per Share. The EPS has been growing by 6.96% on average per year.
Looking at the last year, BCML shows a decrease in Revenue. The Revenue has decreased by -1.75% in the last year.
The Revenue has been growing slightly by 4.73% on average over the past years.
EPS 1Y (TTM)0%
EPS 3Y3.21%
EPS 5Y6.96%
EPS Q2Q%-14.81%
Revenue 1Y (TTM)-1.75%
Revenue growth 3Y5.06%
Revenue growth 5Y4.73%
Sales Q2Q%2.38%
3.2 Future
BCML is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.02% yearly.
The Revenue is expected to grow by 6.10% on average over the next years.
EPS Next Y8.64%
EPS Next 2Y14.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.14%
Revenue Next 2Y6.1%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
BCML is valuated correctly with a Price/Earnings ratio of 12.98.
Compared to the rest of the industry, the Price/Earnings ratio of BCML indicates a slightly more expensive valuation: BCML is more expensive than 60.26% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.11. BCML is valued rather cheaply when compared to this.
BCML is valuated reasonably with a Price/Forward Earnings ratio of 9.98.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BCML is on the same level as its industry peers.
BCML's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.55.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.98 | ||
| Fwd PE | 9.98 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BCML is valued a bit cheaper than the industry average as 70.77% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.29 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as BCML's earnings are expected to grow with 14.02% in the coming years.
PEG (NY)1.5
PEG (5Y)1.86
EPS Next 2Y14.02%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BCML has a Yearly Dividend Yield of 2.76%.
BCML's Dividend Yield is comparable with the industry average which is at 3.51.
BCML's Dividend Yield is comparable with the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
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 Years2
Div Non Decr Years2
5.3 Sustainability
BCML pays out 11.28% of its income as dividend. This is a sustainable payout ratio.
DP11.28%
EPS Next 2Y14.02%
EPS Next 3YN/A
27.26
+0.12 (+0.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners64.28%
Inst Owner Change-0.24%
Ins Owners7.72%
Ins Owner Change-1.74%
Market Cap297.68M
Revenue(TTM)98.31M
Net Income(TTM)24.20M
Analysts82.22
Price Target31.96 (17.24%)
Short Float %0.86%
Short Ratio5.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
Yearly Dividend0.3
Dividend Growth(5Y)N/A
DP11.28%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.23%
Min EPS beat(2)-3.23%
Max EPS beat(2)2.76%
EPS beat(4)3
Avg EPS beat(4)2.27%
Min EPS beat(4)-3.23%
Max EPS beat(4)5.73%
EPS beat(8)5
Avg EPS beat(8)-0.06%
EPS beat(12)6
Avg EPS beat(12)-0.58%
EPS beat(16)9
Avg EPS beat(16)-1.28%
Revenue beat(2)0
Avg Revenue beat(2)-4.03%
Min Revenue beat(2)-4.55%
Max Revenue beat(2)-3.52%
Revenue beat(4)0
Avg Revenue beat(4)-2.73%
Min Revenue beat(4)-4.55%
Max Revenue beat(4)-0.52%
Revenue beat(8)0
Avg Revenue beat(8)-3.47%
Revenue beat(12)2
Avg Revenue beat(12)-2.56%
Revenue beat(16)5
Avg Revenue beat(16)0.15%
PT rev (1m)1.08%
PT rev (3m)8.05%
EPS NQ rev (1m)13.14%
EPS NQ rev (3m)-4.91%
EPS NY rev (1m)0.45%
EPS NY rev (3m)-1.9%
Revenue NQ rev (1m)-1.22%
Revenue NQ rev (3m)-0.82%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.98 | ||
| Fwd PE | 9.98 | ||
| P/S | 3.03 | ||
| P/FCF | 9.29 | ||
| P/OCF | 8.95 | ||
| P/B | 0.9 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.1
EY7.7%
EPS(NY)2.73
Fwd EY10.02%
FCF(TTM)2.93
FCFY10.77%
OCF(TTM)3.05
OCFY11.17%
SpS9
BVpS30.27
TBVpS26.51
PEG (NY)1.5
PEG (5Y)1.86
Graham Number37.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.92% | ||
| ROE | 7.32% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.63% | ||
| GM | N/A | ||
| FCFM | 32.62% |
ROA(3y)0.97%
ROA(5y)0.88%
ROE(3y)7.84%
ROE(5y)7.37%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.54%
PM growth 5Y1.61%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 2.26 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 38.63% | ||
| Cap/Sales | 1.23% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 132.42% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC15.02%
ROIC/WACCN/A
Cap/Depr(3y)48.2%
Cap/Depr(5y)53.18%
Cap/Sales(3y)1.53%
Cap/Sales(5y)1.97%
Profit Quality(3y)129.84%
Profit Quality(5y)96.61%
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y3.21%
EPS 5Y6.96%
EPS Q2Q%-14.81%
EPS Next Y8.64%
EPS Next 2Y14.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.75%
Revenue growth 3Y5.06%
Revenue growth 5Y4.73%
Sales Q2Q%2.38%
Revenue Next Year4.14%
Revenue Next 2Y6.1%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-32.14%
FCF growth 3Y46.47%
FCF growth 5Y38.81%
OCF growth 1Y-30.58%
OCF growth 3Y42.78%
OCF growth 5Y34.25%
BAYCOM CORP / BCML FAQ
What is the fundamental rating for BCML stock?
ChartMill assigns a fundamental rating of 4 / 10 to BCML.
What is the valuation status for BCML stock?
ChartMill assigns a valuation rating of 5 / 10 to BAYCOM CORP (BCML). This can be considered as Fairly Valued.
What is the profitability of BCML stock?
BAYCOM CORP (BCML) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for BCML stock?
The Price/Earnings (PE) ratio for BAYCOM CORP (BCML) is 12.98 and the Price/Book (PB) ratio is 0.9.
Can you provide the expected EPS growth for BCML stock?
The Earnings per Share (EPS) of BAYCOM CORP (BCML) is expected to grow by 8.64% in the next year.