SIERRA BANCORP (BSRR)
US82620P1021 - Common Stock
BSRR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 412 industry peers in the Banks industry. Both the profitability and financial health of BSRR have multiple concerns. BSRR is valued correctly, but it does not seem to be growing. Finally BSRR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BSRR had positive earnings in the past year.
In the past year BSRR had a positive cash flow from operations.
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
BSRR has a Return On Assets of 0.93%. This is comparable to the rest of the industry: BSRR outperforms 56.31% of its industry peers.
BSRR has a better Return On Equity (10.31%) than 62.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 10.31% | ||
| ROIC | N/A |
ROA(3y)1.05%
ROA(5y)1.13%
ROE(3y)11.09%
ROE(5y)11.04%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BSRR has a Profit Margin (24.40%) which is in line with its industry peers.
BSRR's Profit Margin has been stable 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) | 24.4% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.97%
PM growth 5Y-1.41%
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.
BSRR has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, BSRR has less shares outstanding
Compared to 1 year ago, BSRR has an improved debt to assets ratio.
2.2 Solvency
BSRR has a debt to FCF ratio of 3.71. This is a good value and a sign of high solvency as BSRR would need 3.71 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.71, BSRR is doing worse than 60.92% of the companies in the same industry.
BSRR has a Debt/Equity ratio of 0.57. This is a neutral value indicating BSRR is somewhat dependend on debt financing.
The Debt to Equity ratio of BSRR (0.57) is worse than 73.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.71 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.99%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BSRR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.83%.
Measured over the past 5 years, BSRR shows a small growth in Earnings Per Share. The EPS has been growing by 4.10% on average per year.
Looking at the last year, BSRR shows a small growth in Revenue. The Revenue has grown by 1.01% in the last year.
The Revenue has been growing slightly by 4.72% on average over the past years.
EPS 1Y (TTM)5.83%
EPS 3Y0.86%
EPS 5Y4.1%
EPS growth Q2Q-8.51%
Revenue 1Y (TTM)1.01%
Revenue growth 3Y3.58%
Revenue growth 5Y4.72%
Revenue growth Q2Q-5.51%
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 3.29% on average per year.
The Revenue is expected to grow by 2.16% on average over the next years.
EPS Next Y1.36%
EPS Next 2Y3.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.45%
Revenue Next 2Y2.16%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BSRR is valuated reasonably with a Price/Earnings ratio of 8.76.
BSRR's Price/Earnings ratio is a bit cheaper when compared to the industry. BSRR is cheaper than 63.35% of the companies in the same industry.
When comparing the Price/Earnings ratio of BSRR to the average of the S&P500 Index (24.55), we can say BSRR is valued rather cheaply.
A Price/Forward Earnings ratio of 8.65 indicates a reasonable valuation of BSRR.
74.76% of the companies in the same industry are more expensive than BSRR, based on the Price/Forward Earnings ratio.
BSRR is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.76 | ||
| Fwd PE | 8.65 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BSRR is valued cheaply inside the industry as 82.77% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.85 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)6.44
PEG (5Y)2.13
EPS Next 2Y3.29%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BSRR has a Yearly Dividend Yield of 4.48%, which is a nice return.
BSRR's Dividend Yield is a higher than the industry average which is at 3.86.
BSRR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
5.2 History
On average, the dividend of BSRR grows each year by 7.40%, which is quite nice.
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)7.4%
Div Incr Years0
Div Non Decr Years13
5.3 Sustainability
BSRR pays out 39.35% of its income as dividend. This is a sustainable payout ratio.
BSRR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.35%
EPS Next 2Y3.29%
EPS Next 3YN/A
SIERRA BANCORP
NASDAQ:BSRR (5/2/2024, 10:00:57 AM)
20.68
+0.07 (+0.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap302.96M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.76 | ||
| Fwd PE | 8.65 | ||
| 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)6.44
PEG (5Y)2.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 10.31% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 24.4% | ||
| 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 Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| 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)5.83%
EPS 3Y0.86%
EPS 5Y
EPS growth Q2Q
EPS Next Y1.36%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.01%
Revenue growth 3Y3.58%
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