BANK OF HAWAII CORP (BOH) Stock Fundamental Analysis
USA - NYSE:BOH - US0625401098 - Common Stock
66.6 USD
-1.38 (-2.03%)
66.601 USD
0 (0%)
Taking everything into account, BOH scores 4 out of 10 in our fundamental rating. BOH was compared to 392 industry peers in the Banks industry. The financial health of BOH is average, but there are quite some concerns on its profitability. BOH is valied quite expensively at the moment, while it does show a decent growth rate. Finally BOH also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BOH was profitable.
BOH had a positive operating cash flow in the past year.
BOH had positive earnings in each of the past 5 years.
In the past 5 years BOH always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BOH (0.64%) is worse than 66.84% of its industry peers.
BOH has a Return On Equity (8.71%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 8.71% | ||
| ROIC | N/A |
ROA(3y)0.73%
ROA(5y)0.81%
ROE(3y)12.11%
ROE(5y)12.61%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BOH has a Profit Margin (22.66%) which is comparable to the rest of the industry.
BOH's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for BOH so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 22.66% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-16.9%
PM growth 5Y-8.32%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BOH does not have a ROIC to compare to the WACC, probably because it is not profitable.
BOH has about the same amout of shares outstanding than it did 1 year ago.
BOH has less shares outstanding than it did 5 years ago.
The debt/assets ratio for BOH has been reduced compared to a year ago.
2.2 Solvency
BOH has a debt to FCF ratio of 0.37. This is a very positive value and a sign of high solvency as it would only need 0.37 years to pay back of all of its debts.
BOH's Debt to FCF ratio of 0.37 is amongst the best of the industry. BOH outperforms 83.67% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that BOH is not too dependend on debt financing.
BOH has a Debt to Equity ratio of 0.03. This is amongst the best in the industry. BOH outperforms 83.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.37 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.13%
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 nice 13.39% over the past year.
Measured over the past years, BOH shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.82% on average per year.
BOH shows a small growth in Revenue. In the last year, the Revenue has grown by 4.34%.
BOH shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.26% yearly.
EPS 1Y (TTM)13.39%
EPS 3Y-17.5%
EPS 5Y-8.82%
EPS Q2Q%23.26%
Revenue 1Y (TTM)4.34%
Revenue growth 3Y-1.5%
Revenue growth 5Y-1.26%
Sales Q2Q%11.18%
3.2 Future
Based on estimates for the next years, BOH will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.07% on average per year.
BOH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.20% yearly.
EPS Next Y28.29%
EPS Next 2Y21.3%
EPS Next 3Y16.07%
EPS Next 5YN/A
Revenue Next Year10.6%
Revenue Next 2Y8.8%
Revenue Next 3Y6.2%
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.
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
Based on the Price/Earnings ratio of 17.48, the valuation of BOH can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of BOH indicates a slightly more expensive valuation: BOH is more expensive than 74.74% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.38, BOH is valued a bit cheaper.
The Price/Forward Earnings ratio is 12.90, which indicates a correct valuation of BOH.
68.88% of the companies in the same industry are cheaper than BOH, based on the Price/Forward Earnings ratio.
BOH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.48 | ||
| Fwd PE | 12.9 |
4.2 Price Multiples
63.27% of the companies in the same industry are cheaper than BOH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.06 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The 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 BOH's earnings are expected to grow with 16.07% in the coming years.
PEG (NY)0.62
PEG (5Y)N/A
EPS Next 2Y21.3%
EPS Next 3Y16.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.13%, BOH is a good candidate for dividend investing.
BOH's Dividend Yield is rather good when compared to the industry average which is at 3.73. BOH pays more dividend than 96.94% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, BOH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.13% |
5.2 History
The dividend of BOH has a limited annual growth rate of 3.83%.
BOH has been paying a dividend for at least 10 years, so it has a reliable track record.
BOH has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.83%
Div Incr Years1
Div Non Decr Years34
5.3 Sustainability
BOH pays out 86.84% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BOH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP86.84%
EPS Next 2Y21.3%
EPS Next 3Y16.07%
66.6
-1.38 (-2.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners79.77%
Inst Owner Change1.29%
Ins Owners1.01%
Ins Owner Change0.67%
Market Cap2.65B
Analysts50
Price Target71.91 (7.97%)
Short Float %9.19%
Short Ratio8.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.13% |
Yearly Dividend3.14
Dividend Growth(5Y)3.83%
DP86.84%
Div Incr Years1
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.8%
Min EPS beat(2)-0.24%
Max EPS beat(2)7.83%
EPS beat(4)3
Avg EPS beat(4)5.02%
Min EPS beat(4)-0.24%
Max EPS beat(4)11.75%
EPS beat(8)3
Avg EPS beat(8)-2.07%
EPS beat(12)5
Avg EPS beat(12)-1.7%
EPS beat(16)9
Avg EPS beat(16)1.15%
Revenue beat(2)0
Avg Revenue beat(2)-1.85%
Min Revenue beat(2)-3.08%
Max Revenue beat(2)-0.62%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-3.08%
Max Revenue beat(4)0.85%
Revenue beat(8)2
Avg Revenue beat(8)-0.81%
Revenue beat(12)2
Avg Revenue beat(12)-1.68%
Revenue beat(16)2
Avg Revenue beat(16)-1.48%
PT rev (1m)0.14%
PT rev (3m)-1.4%
EPS NQ rev (1m)0.05%
EPS NQ rev (3m)2.23%
EPS NY rev (1m)-0.11%
EPS NY rev (3m)1.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.14%
Revenue NY rev (1m)-1.09%
Revenue NY rev (3m)-0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.48 | ||
| Fwd PE | 12.9 | ||
| P/S | 3.95 | ||
| P/FCF | 17.06 | ||
| P/OCF | 15.2 | ||
| P/B | 1.52 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.81
EY5.72%
EPS(NY)5.16
Fwd EY7.75%
FCF(TTM)3.9
FCFY5.86%
OCF(TTM)4.38
OCFY6.58%
SpS16.85
BVpS43.83
TBVpS42.58
PEG (NY)0.62
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 8.71% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.66% | ||
| GM | N/A | ||
| FCFM | 23.17% |
ROA(3y)0.73%
ROA(5y)0.81%
ROE(3y)12.11%
ROE(5y)12.61%
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
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 3Y-16.9%
PM growth 5Y-8.32%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.37 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 62.42% | ||
| Cap/Sales | 2.83% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 102.24% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC16.13%
ROIC/WACCN/A
Cap/Depr(3y)64.59%
Cap/Depr(5y)92.96%
Cap/Sales(3y)2.35%
Cap/Sales(5y)3.06%
Profit Quality(3y)116.23%
Profit Quality(5y)112.79%
High Growth Momentum
Growth
EPS 1Y (TTM)13.39%
EPS 3Y-17.5%
EPS 5Y-8.82%
EPS Q2Q%23.26%
EPS Next Y28.29%
EPS Next 2Y21.3%
EPS Next 3Y16.07%
EPS Next 5YN/A
Revenue 1Y (TTM)4.34%
Revenue growth 3Y-1.5%
Revenue growth 5Y-1.26%
Sales Q2Q%11.18%
Revenue Next Year10.6%
Revenue Next 2Y8.8%
Revenue Next 3Y6.2%
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 1Y15.21%
FCF growth 3Y-21.94%
FCF growth 5Y-1.31%
OCF growth 1Y12.23%
OCF growth 3Y-22.08%
OCF growth 5Y-5.29%