BANK FIRST CORP (BFC) Stock Fundamental Analysis
NASDAQ:BFC - Nasdaq - US06211J1007 - Common Stock - Currency: USD
Taking everything into account, BFC scores 5 out of 10 in our fundamental rating. BFC was compared to 392 industry peers in the Banks industry. BFC has only an average score on both its financial health and profitability. BFC shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
BFC had positive earnings in the past year.
BFC had a positive operating cash flow in the past year.
BFC had positive earnings in each of the past 5 years.
BFC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BFC's Return On Assets of 1.51% is amongst the best of the industry. BFC outperforms 89.29% of its industry peers.
Looking at the Return On Equity, with a value of 10.50%, BFC is in the better half of the industry, outperforming 73.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.51% | ||
| ROE | 10.5% | ||
| ROIC | N/A |
ROA(3y)1.48%
ROA(5y)1.47%
ROE(3y)10.69%
ROE(5y)11.77%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 41.74%, BFC belongs to the top of the industry, outperforming 96.94% of the companies in the same industry.
BFC's Profit Margin has improved in the last couple of years.
BFC 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) | 41.74% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.42%
PM growth 5Y5%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BFC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BFC has less shares outstanding
BFC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BFC has an improved debt to assets ratio.
2.2 Solvency
BFC has a debt to FCF ratio of 0.19. This is a very positive value and a sign of high solvency as it would only need 0.19 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.19, BFC belongs to the top of the industry, outperforming 87.24% of the companies in the same industry.
BFC has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of BFC (0.02) is better than 84.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.99%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BFC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.50%, which is quite good.
BFC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.79% yearly.
The Revenue for BFC has decreased by -17.81% in the past year. This is quite bad
Measured over the past years, BFC shows a quite strong growth in Revenue. The Revenue has been growing by 13.86% on average per year.
EPS 1Y (TTM)16.5%
EPS 3Y3.01%
EPS 5Y10.79%
EPS Q2Q%9.62%
Revenue 1Y (TTM)-17.81%
Revenue growth 3Y11.5%
Revenue growth 5Y13.86%
Sales Q2Q%7.04%
3.2 Future
BFC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.84% yearly.
BFC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.62% yearly.
EPS Next Y13.99%
EPS Next 2Y8.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.19%
Revenue Next 2Y20.62%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BFC is valuated correctly with a Price/Earnings ratio of 16.70.
BFC's Price/Earnings ratio is a bit more expensive when compared to the industry. BFC is more expensive than 75.77% of the companies in the same industry.
BFC is valuated rather cheaply when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.10 indicates a correct valuation of BFC.
BFC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BFC is more expensive than 75.26% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.28. BFC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.7 | ||
| Fwd PE | 15.1 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BFC is valued a bit more expensive than the industry average as 70.41% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.35 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BFC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.19
PEG (5Y)1.55
EPS Next 2Y8.84%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.51%, BFC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.51, BFC is paying slightly less dividend.
BFC's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
5.2 History
The dividend of BFC is nicely growing with an annual growth rate of 13.89%!
BFC has been paying a dividend for at least 10 years, so it has a reliable track record.
BFC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.89%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
24.26% of the earnings are spent on dividend by BFC. This is a low number and sustainable payout ratio.
The dividend of BFC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.26%
EPS Next 2Y8.84%
EPS Next 3YN/A
115.55
-1.91 (-1.63%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners33.24%
Inst Owner Change1.04%
Ins Owners9.21%
Ins Owner Change2.41%
Market Cap1.14B
Analysts76.67
Price Target124.95 (8.14%)
Short Float %2.62%
Short Ratio1.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
Yearly Dividend1.53
Dividend Growth(5Y)13.89%
DP24.26%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.22%
Min EPS beat(2)8.93%
Max EPS beat(2)11.51%
EPS beat(4)4
Avg EPS beat(4)8.59%
Min EPS beat(4)6.08%
Max EPS beat(4)11.51%
EPS beat(8)6
Avg EPS beat(8)4.21%
EPS beat(12)7
Avg EPS beat(12)-2.27%
EPS beat(16)10
Avg EPS beat(16)-1.2%
Revenue beat(2)1
Avg Revenue beat(2)0.24%
Min Revenue beat(2)-1.67%
Max Revenue beat(2)2.15%
Revenue beat(4)2
Avg Revenue beat(4)0.32%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)2.15%
Revenue beat(8)3
Avg Revenue beat(8)10.19%
Revenue beat(12)4
Avg Revenue beat(12)6.28%
Revenue beat(16)6
Avg Revenue beat(16)4.85%
PT rev (1m)1.66%
PT rev (3m)10.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)2.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.68%
Revenue NY rev (3m)-0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.7 | ||
| Fwd PE | 15.1 | ||
| P/S | 6.99 | ||
| P/FCF | 18.35 | ||
| P/OCF | 16.12 | ||
| P/B | 1.76 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | N/A |
EPS(TTM)6.92
EY5.99%
EPS(NY)7.65
Fwd EY6.62%
FCF(TTM)6.3
FCFY5.45%
OCF(TTM)7.17
OCFY6.2%
SpS16.54
BVpS65.76
TBVpS44.61
PEG (NY)1.19
PEG (5Y)1.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.51% | ||
| ROE | 10.5% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 41.74% | ||
| GM | N/A | ||
| FCFM | 38.07% |
ROA(3y)1.48%
ROA(5y)1.47%
ROE(3y)10.69%
ROE(5y)11.77%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.42%
PM growth 5Y5%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 109.19% | ||
| Cap/Sales | 5.27% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 91.22% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC11.99%
ROIC/WACCN/A
Cap/Depr(3y)141%
Cap/Depr(5y)191.91%
Cap/Sales(3y)5.72%
Cap/Sales(5y)6.49%
Profit Quality(3y)72.32%
Profit Quality(5y)76.22%
High Growth Momentum
Growth
EPS 1Y (TTM)16.5%
EPS 3Y3.01%
EPS 5Y10.79%
EPS Q2Q%9.62%
EPS Next Y13.99%
EPS Next 2Y8.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-17.81%
Revenue growth 3Y11.5%
Revenue growth 5Y13.86%
Sales Q2Q%7.04%
Revenue Next Year10.19%
Revenue Next 2Y20.62%
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 1Y87.74%
FCF growth 3Y22.93%
FCF growth 5Y30.68%
OCF growth 1Y69.79%
OCF growth 3Y17.8%
OCF growth 5Y23.79%