SIERRA BANCORP (BSRR) Stock Fundamental Analysis
NASDAQ:BSRR - Nasdaq - US82620P1021 - Common Stock - Currency: USD
Taking everything into account, BSRR scores 4 out of 10 in our fundamental rating. BSRR was compared to 392 industry peers in the Banks industry. There are concerns on the financial health of BSRR while its profitability can be described as average. BSRR has a correct valuation and a medium growth rate. Finally BSRR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BSRR had positive earnings in the past year.
BSRR had a positive operating cash flow in the past year.
In the past 5 years BSRR has always been profitable.
Each year in the past 5 years BSRR had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BSRR (1.12%) is better than 74.74% of its industry peers.
Looking at the Return On Equity, with a value of 11.47%, BSRR is in the better half of the industry, outperforming 79.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 11.47% | ||
| ROIC | N/A |
ROA(3y)1%
ROA(5y)1.07%
ROE(3y)10.92%
ROE(5y)10.98%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BSRR's Profit Margin of 26.71% is fine compared to the rest of the industry. BSRR outperforms 69.64% of its industry peers.
BSRR's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for BSRR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 26.71% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.78%
PM growth 5Y-2.47%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BSRR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BSRR has less shares outstanding
The number of shares outstanding for BSRR has been reduced compared to 5 years ago.
The debt/assets ratio for BSRR is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of BSRR is 2.28, which is a good value as it means it would take BSRR, 2.28 years of fcf income to pay off all of its debts.
BSRR's Debt to FCF ratio of 2.28 is in line compared to the rest of the industry. BSRR outperforms 44.39% of its industry peers.
A Debt/Equity ratio of 0.58 indicates that BSRR is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.58, BSRR is not doing good in the industry: 79.59% of the companies in the same industry are doing better.
Even though the debt/equity ratio score it not favorable for BSRR, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.28 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.26%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BSRR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.48%, which is quite good.
BSRR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.82% yearly.
The Revenue has been growing slightly by 3.77% in the past year.
BSRR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.01% yearly.
EPS 1Y (TTM)17.48%
EPS 3Y0.12%
EPS 5Y3.82%
EPS Q2Q%9.86%
Revenue 1Y (TTM)3.77%
Revenue growth 3Y4.08%
Revenue growth 5Y5.01%
Sales Q2Q%3.72%
3.2 Future
Based on estimates for the next years, BSRR will show a small growth in Earnings Per Share. The EPS will grow by 6.84% on average per year.
The Revenue is expected to grow by 3.49% on average over the next years.
EPS Next Y6.72%
EPS Next 2Y6.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.06%
Revenue Next 2Y3.49%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.82, the valuation of BSRR can be described as very reasonable.
Based on the Price/Earnings ratio, BSRR is valued a bit cheaper than 77.81% of the companies in the same industry.
BSRR is valuated cheaply when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.85, the valuation of BSRR can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BSRR indicates a somewhat cheap valuation: BSRR is cheaper than 65.56% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.28. BSRR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.82 | ||
| Fwd PE | 8.85 |
4.2 Price Multiples
93.11% of the companies in the same industry are more expensive than BSRR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.33 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BSRR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.46
PEG (5Y)2.57
EPS Next 2Y6.84%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BSRR has a Yearly Dividend Yield of 3.50%.
Compared to an average industry Dividend Yield of 3.51, BSRR pays a bit more dividend than its industry peers.
BSRR's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
The dividend of BSRR has a limited annual growth rate of 4.88%.
BSRR has been paying a dividend for at least 10 years, so it has a reliable track record.
BSRR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.88%
Div Incr Years1
Div Non Decr Years14
5.3 Sustainability
34.10% of the earnings are spent on dividend by BSRR. This is a low number and sustainable payout ratio.
BSRR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP34.1%
EPS Next 2Y6.84%
EPS Next 3YN/A
28.38
+0.05 (+0.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners57.04%
Inst Owner Change-0.59%
Ins Owners10.27%
Ins Owner Change1.7%
Market Cap388.24M
Analysts74.55
Price Target33.28 (17.27%)
Short Float %1.17%
Short Ratio4.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
Yearly Dividend0.94
Dividend Growth(5Y)4.88%
DP34.1%
Div Incr Years1
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.51%
Min EPS beat(2)-3.15%
Max EPS beat(2)-1.86%
EPS beat(4)1
Avg EPS beat(4)2.39%
Min EPS beat(4)-3.15%
Max EPS beat(4)15.24%
EPS beat(8)3
Avg EPS beat(8)0.07%
EPS beat(12)4
Avg EPS beat(12)-3.98%
EPS beat(16)6
Avg EPS beat(16)-3.45%
Revenue beat(2)0
Avg Revenue beat(2)-3.94%
Min Revenue beat(2)-3.95%
Max Revenue beat(2)-3.94%
Revenue beat(4)0
Avg Revenue beat(4)-2.82%
Min Revenue beat(4)-3.95%
Max Revenue beat(4)-0.32%
Revenue beat(8)1
Avg Revenue beat(8)-7.81%
Revenue beat(12)3
Avg Revenue beat(12)-5.21%
Revenue beat(16)3
Avg Revenue beat(16)-5.51%
PT rev (1m)0%
PT rev (3m)-6.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.19%
EPS NY rev (1m)0.4%
EPS NY rev (3m)2.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.82 | ||
| Fwd PE | 8.85 | ||
| P/S | 2.57 | ||
| P/FCF | 4.33 | ||
| P/OCF | 4.28 | ||
| P/B | 1.1 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.89
EY10.18%
EPS(NY)3.21
Fwd EY11.3%
FCF(TTM)6.55
FCFY23.09%
OCF(TTM)6.64
OCFY23.39%
SpS11.04
BVpS25.71
TBVpS23.68
PEG (NY)1.46
PEG (5Y)2.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 11.47% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 26.71% | ||
| GM | N/A | ||
| FCFM | 59.36% |
ROA(3y)1%
ROA(5y)1.07%
ROE(3y)10.92%
ROE(5y)10.98%
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-5.78%
PM growth 5Y-2.47%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.28 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 41.69% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 222.22% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC9.26%
ROIC/WACCN/A
Cap/Depr(3y)39.93%
Cap/Depr(5y)39.93%
Cap/Sales(3y)0.88%
Cap/Sales(5y)1.04%
Profit Quality(3y)127.55%
Profit Quality(5y)121.82%
High Growth Momentum
Growth
EPS 1Y (TTM)17.48%
EPS 3Y0.12%
EPS 5Y3.82%
EPS Q2Q%9.86%
EPS Next Y6.72%
EPS Next 2Y6.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.77%
Revenue growth 3Y4.08%
Revenue growth 5Y5.01%
Sales Q2Q%3.72%
Revenue Next Year2.06%
Revenue Next 2Y3.49%
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 1Y169.14%
FCF growth 3Y2.31%
FCF growth 5Y4.03%
OCF growth 1Y161.59%
OCF growth 3Y2.77%
OCF growth 5Y4.1%