BERKSHIRE HILLS BANCORP INC (BHLB) Stock Fundamental Analysis
USA - NYSE:BHLB - US0846801076 - Common Stock
26.13 USD
-0.17 (-0.65%)
26.13 USD
0 (0%)
BHLB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 391 industry peers in the Banks industry. BHLB has a bad profitability rating. Also its financial health evaluation is rather negative. BHLB is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
In the past year BHLB was profitable.
BHLB had a positive operating cash flow in the past year.
BHLB had positive earnings in 4 of the past 5 years.
In the past 5 years BHLB always reported a positive cash flow from operatings.
1.2 Ratios
BHLB has a Return On Assets (0.94%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 9.27%, BHLB is in line with its industry, outperforming 58.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.94% | ||
| ROE | 9.27% | ||
| ROIC | N/A |
ROA(3y)0.62%
ROA(5y)-0.26%
ROE(3y)7.27%
ROE(5y)-2.61%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of BHLB (24.62%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of BHLB has declined.
The Operating Margin and Gross Margin are not available for BHLB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.62% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-17.67%
PM growth 5Y-6.62%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BHLB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BHLB has more shares outstanding
Compared to 5 years ago, BHLB has less shares outstanding
The debt/assets ratio for BHLB has been reduced compared to a year ago.
2.2 Solvency
BHLB has a debt to FCF ratio of 0.90. This is a very positive value and a sign of high solvency as it would only need 0.90 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.90, BHLB is in the better half of the industry, outperforming 73.48% of the companies in the same industry.
A Debt/Equity ratio of 0.10 indicates that BHLB is not too dependend on debt financing.
BHLB has a Debt to Equity ratio of 0.10. This is in the better half of the industry: BHLB outperforms 69.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.9 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.99%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.08% over the past year.
The Earnings Per Share has been decreasing by -1.63% on average over the past years.
BHLB shows a strong growth in Revenue. In the last year, the Revenue has grown by 30.64%.
The Revenue has been decreasing by -2.30% on average over the past years.
EPS 1Y (TTM)21.08%
EPS 3Y-2.83%
EPS 5Y-1.63%
EPS Q2Q%25.45%
Revenue 1Y (TTM)30.64%
Revenue growth 3Y-2.71%
Revenue growth 5Y-2.3%
Sales Q2Q%3.83%
3.2 Future
BHLB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.09% yearly.
BHLB is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 56.15% yearly.
EPS Next Y23.59%
EPS Next 2Y30.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year36.1%
Revenue Next 2Y56.15%
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
Based on the Price/Earnings ratio of 10.58, the valuation of BHLB can be described as reasonable.
77.78% of the companies in the same industry are more expensive than BHLB, based on the Price/Earnings ratio.
BHLB is valuated cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.96, which indicates a rather cheap valuation of BHLB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BHLB indicates a rather cheap valuation: BHLB is cheaper than 90.91% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, BHLB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.58 | ||
| Fwd PE | 6.96 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BHLB is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.93 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BHLB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BHLB's earnings are expected to grow with 30.09% in the coming years.
PEG (NY)0.45
PEG (5Y)N/A
EPS Next 2Y30.09%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BHLB has a Yearly Dividend Yield of 2.76%. Purely for dividend investing, there may be better candidates out there.
BHLB's Dividend Yield is comparable with the industry average which is at 3.53.
Compared to an average S&P500 Dividend Yield of 2.32, BHLB has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
5.2 History
The dividend of BHLB decreases each year by -6.24%.
BHLB has paid a dividend for at least 10 years, which is a reliable track record.
BHLB has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.24%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
28.33% of the earnings are spent on dividend by BHLB. This is a low number and sustainable payout ratio.
DP28.33%
EPS Next 2Y30.09%
EPS Next 3YN/A
26.13
-0.17 (-0.65%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners95.14%
Inst Owner Change-0.62%
Ins Owners0.87%
Ins Owner Change-0.02%
Market Cap1.21B
Revenue(TTM)459.91M
Net Income(TTM)113.25M
Analysts76.67
Price Target32.29 (23.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
Yearly Dividend0.69
Dividend Growth(5Y)-6.24%
DP28.33%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.24%
Min EPS beat(2)10.47%
Max EPS beat(2)14.01%
EPS beat(4)4
Avg EPS beat(4)9.1%
Min EPS beat(4)3.8%
Max EPS beat(4)14.01%
EPS beat(8)7
Avg EPS beat(8)5.56%
EPS beat(12)8
Avg EPS beat(12)0.97%
EPS beat(16)11
Avg EPS beat(16)1.94%
Revenue beat(2)0
Avg Revenue beat(2)-3.39%
Min Revenue beat(2)-4.28%
Max Revenue beat(2)-2.51%
Revenue beat(4)0
Avg Revenue beat(4)-3.47%
Min Revenue beat(4)-4.58%
Max Revenue beat(4)-2.5%
Revenue beat(8)0
Avg Revenue beat(8)-4.47%
Revenue beat(12)3
Avg Revenue beat(12)0.91%
Revenue beat(16)7
Avg Revenue beat(16)11.93%
PT rev (1m)0%
PT rev (3m)-0.78%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)4.33%
EPS NY rev (1m)3.46%
EPS NY rev (3m)3.46%
Revenue NQ rev (1m)-2.29%
Revenue NQ rev (3m)-2.91%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.58 | ||
| Fwd PE | 6.96 | ||
| P/S | 2.64 | ||
| P/FCF | 8.93 | ||
| P/OCF | 8.34 | ||
| P/B | 0.99 | ||
| P/tB | 1 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.47
EY9.45%
EPS(NY)3.76
Fwd EY14.38%
FCF(TTM)2.93
FCFY11.2%
OCF(TTM)3.13
OCFY11.99%
SpS9.91
BVpS26.35
TBVpS26.07
PEG (NY)0.45
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.94% | ||
| ROE | 9.27% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.62% | ||
| GM | N/A | ||
| FCFM | 29.52% |
ROA(3y)0.62%
ROA(5y)-0.26%
ROE(3y)7.27%
ROE(5y)-2.61%
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-17.67%
PM growth 5Y-6.62%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.9 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 89.7% | ||
| Cap/Sales | 2.09% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 119.89% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC7.99%
ROIC/WACCN/A
Cap/Depr(3y)21.12%
Cap/Depr(5y)22.6%
Cap/Sales(3y)0.65%
Cap/Sales(5y)0.84%
Profit Quality(3y)184.17%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.08%
EPS 3Y-2.83%
EPS 5Y-1.63%
EPS Q2Q%25.45%
EPS Next Y23.59%
EPS Next 2Y30.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)30.64%
Revenue growth 3Y-2.71%
Revenue growth 5Y-2.3%
Sales Q2Q%3.83%
Revenue Next Year36.1%
Revenue Next 2Y56.15%
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-19.38%
FCF growth 3Y5.1%
FCF growth 5Y3.64%
OCF growth 1Y-14.49%
OCF growth 3Y5.87%
OCF growth 5Y2.35%
BERKSHIRE HILLS BANCORP INC / BHLB FAQ
What is the fundamental rating for BHLB stock?
ChartMill assigns a fundamental rating of 5 / 10 to BHLB.
Can you provide the valuation status for BERKSHIRE HILLS BANCORP INC?
ChartMill assigns a valuation rating of 7 / 10 to BERKSHIRE HILLS BANCORP INC (BHLB). This can be considered as Undervalued.
How profitable is BERKSHIRE HILLS BANCORP INC (BHLB) stock?
BERKSHIRE HILLS BANCORP INC (BHLB) has a profitability rating of 3 / 10.
What are the PE and PB ratios of BERKSHIRE HILLS BANCORP INC (BHLB) stock?
The Price/Earnings (PE) ratio for BERKSHIRE HILLS BANCORP INC (BHLB) is 10.58 and the Price/Book (PB) ratio is 0.99.
How sustainable is the dividend of BERKSHIRE HILLS BANCORP INC (BHLB) stock?
The dividend rating of BERKSHIRE HILLS BANCORP INC (BHLB) is 4 / 10 and the dividend payout ratio is 28.33%.