BANK OF HAWAII CORP (BOH)

US0625401098 - Common Stock

62.4  +2.44 (+4.07%)

After market: 62.4 0 (0%)

Fundamental Rating

3

Overall BOH gets a fundamental rating of 3 out of 10. We evaluated BOH against 415 industry peers in the Banks industry. BOH scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BOH does not seem to be growing, but still is valued expensively. BOH also has an excellent dividend rating.



3

1. Profitability

1.1 Basic Checks

BOH had positive earnings in the past year.
BOH had a positive operating cash flow in the past year.
In the past 5 years BOH has always been profitable.
In the past 5 years BOH always reported a positive cash flow from operatings.

1.2 Ratios

Looking at the Return On Assets, with a value of 0.69%, BOH is doing worse than 69.64% of the companies in the same industry.
BOH has a Return On Equity of 11.55%. This is in the better half of the industry: BOH outperforms 71.57% of its industry peers.
Industry RankSector Rank
ROA 0.69%
ROE 11.55%
ROIC N/A
ROA(3y)0.9%
ROA(5y)0.94%
ROE(3y)14.54%
ROE(5y)14.47%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

BOH has a Profit Margin (24.25%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of BOH has declined.
BOH does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 24.25%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.38%
PM growth 5Y-6.27%
GM growth 3YN/A
GM growth 5YN/A

4

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 less shares outstanding than it did 1 year ago.
Compared to 5 years ago, BOH has less shares outstanding
Compared to 1 year ago, BOH has an improved debt to assets ratio.

2.2 Solvency

The Debt to FCF ratio of BOH is 1.14, which is an excellent value as it means it would take BOH, only 1.14 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BOH (1.14) is better than 73.98% of its industry peers.
BOH has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
BOH's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. BOH outperforms 73.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.14
Altman-Z N/A
ROIC/WACCN/A
WACC13.48%

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

3

3. Growth

3.1 Past

The earnings per share for BOH have decreased strongly by -31.15% in the last year.
BOH shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.78% yearly.
Looking at the last year, BOH shows a decrease in Revenue. The Revenue has decreased by -3.54% in the last year.
The Revenue has been growing slightly by 0.55% on average over the past years.
EPS 1Y (TTM)-31.15%
EPS 3Y0.26%
EPS 5Y-5.78%
EPS growth Q2Q-52%
Revenue 1Y (TTM)-3.54%
Revenue growth 3Y-0.35%
Revenue growth 5Y0.55%
Revenue growth Q2Q-13.1%

3.2 Future

BOH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.35% yearly.
BOH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.76% yearly.
EPS Next Y-3.86%
EPS Next 2Y1.35%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.86%
Revenue Next 2Y0.76%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 16.04, which indicates a correct valuation of BOH.
BOH's Price/Earnings ratio is rather expensive when compared to the industry. BOH is more expensive than 81.69% of the companies in the same industry.
BOH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.42.
Based on the Price/Forward Earnings ratio of 16.69, the valuation of BOH can be described as correct.
Based on the Price/Forward Earnings ratio, BOH is valued a bit more expensive than the industry average as 73.49% of the companies are valued more cheaply.
BOH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.74, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.04
Fwd PE 16.69

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, BOH is valued a bit more expensive than the industry average as 75.42% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 17.61
EV/EBITDA N/A

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.35%
EPS Next 3YN/A

7

5. Dividend

5.1 Amount

BOH has a Yearly Dividend Yield of 4.51%, which is a nice return.
BOH's Dividend Yield is a higher than the industry average which is at 3.70.
BOH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
Industry RankSector Rank
Dividend Yield 4.51%

5.2 History

The dividend of BOH has a limited annual growth rate of 4.80%.
BOH has paid a dividend for at least 10 years, which is 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)4.8%
Div Incr Years0
Div Non Decr Years19

5.3 Sustainability

BOH pays out 73.27% of its income as dividend. This is not a sustainable payout ratio.
BOH's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP73.27%
EPS Next 2Y1.35%
EPS Next 3YN/A

BANK OF HAWAII CORP

NYSE:BOH (3/27/2024, 8:04:01 PM)

After market: 62.4 0 (0%)

62.4

+2.44 (+4.07%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.48B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 4.51%
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 RankSector Rank
PE 16.04
Fwd PE 16.69
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)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.69%
ROE 11.55%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) 24.25%
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 Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.11
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)-31.15%
EPS 3Y0.26%
EPS 5Y
EPS growth Q2Q
EPS Next Y-3.86%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.54%
Revenue growth 3Y-0.35%
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