BYLINE BANCORP INC (BY) Stock Fundamental Analysis
USA - NYSE:BY - US1244111092 - Common Stock
26.65 USD
-0.29 (-1.08%)
26.66 USD
+0.01 (+0.04%)
Overall BY gets a fundamental rating of 4 out of 10. We evaluated BY against 391 industry peers in the Banks industry. While BY is still in line with the averages on profitability rating, there are concerns on its financial health. BY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BY had positive earnings in the past year.
BY had a positive operating cash flow in the past year.
BY had positive earnings in each of the past 5 years.
In the past 5 years BY always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BY (1.22%) is better than 80.31% of its industry peers.
BY's Return On Equity of 9.98% is fine compared to the rest of the industry. BY outperforms 65.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.22% | ||
| ROE | 9.98% | ||
| ROIC | N/A |
ROA(3y)1.23%
ROA(5y)1.13%
ROE(3y)11.14%
ROE(5y)9.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 28.32%, BY is doing good in the industry, outperforming 75.19% of the companies in the same industry.
In the last couple of years the Profit Margin of BY has grown nicely.
BY does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 28.32% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.08%
PM growth 5Y7.5%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BY does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BY has more shares outstanding
Compared to 5 years ago, BY has more shares outstanding
Compared to 1 year ago, BY has an improved debt to assets ratio.
2.2 Solvency
BY has a debt to FCF ratio of 1.63. This is a very positive value and a sign of high solvency as it would only need 1.63 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.63, BY is in line with its industry, outperforming 53.96% of the companies in the same industry.
A Debt/Equity ratio of 0.15 indicates that BY is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.15, BY is in line with its industry, outperforming 56.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.63 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.41%
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 been growing slightly by 2.55% over the past year.
Measured over the past years, BY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.24% on average per year.
Looking at the last year, BY shows a small growth in Revenue. The Revenue has grown by 5.16% in the last year.
The Revenue has been growing by 8.40% on average over the past years. This is quite good.
EPS 1Y (TTM)2.55%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%20.29%
Revenue 1Y (TTM)5.16%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%13.65%
3.2 Future
BY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.45% yearly.
The Revenue is expected to grow by 5.80% on average over the next years.
EPS Next Y2.21%
EPS Next 2Y3.45%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.57%
Revenue Next 2Y5.8%
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 decreasing.
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
Based on the Price/Earnings ratio of 9.45, the valuation of BY can be described as reasonable.
BY's Price/Earnings ratio is rather cheap when compared to the industry. BY is cheaper than 80.31% of the companies in the same industry.
BY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.83.
The Price/Forward Earnings ratio is 9.02, which indicates a very decent valuation of BY.
BY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BY is cheaper than 64.19% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.82, BY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.45 | ||
| Fwd PE | 9.02 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as BY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.1 | ||
| 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)4.28
PEG (5Y)0.84
EPS Next 2Y3.45%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BY has a Yearly Dividend Yield of 1.48%.
BY's Dividend Yield is slightly below the industry average, which is at 3.53.
Compared to the average S&P500 Dividend Yield of 2.34, BY is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
5.2 History
On average, the dividend of BY grows each year by 75.79%, which is quite nice.
BY has been paying a dividend for over 5 years, so it has already some track record.
As BY did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)75.79%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
BY pays out 14.28% of its income as dividend. This is a sustainable payout ratio.
The dividend of BY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.28%
EPS Next 2Y3.45%
EPS Next 3YN/A
26.65
-0.29 (-1.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners53.41%
Inst Owner Change0.06%
Ins Owners2.62%
Ins Owner Change1.08%
Market Cap1.22B
Revenue(TTM)406.90M
Net Income(TTM)118.98M
Analysts80
Price Target32.84 (23.23%)
Short Float %1.12%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
Yearly Dividend0.36
Dividend Growth(5Y)75.79%
DP14.28%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.86%
Min EPS beat(2)1.06%
Max EPS beat(2)2.66%
EPS beat(4)4
Avg EPS beat(4)4.41%
Min EPS beat(4)1.06%
Max EPS beat(4)10.45%
EPS beat(8)7
Avg EPS beat(8)3.87%
EPS beat(12)10
Avg EPS beat(12)4.05%
EPS beat(16)13
Avg EPS beat(16)4.52%
Revenue beat(2)1
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-0.73%
Max Revenue beat(2)0.28%
Revenue beat(4)2
Avg Revenue beat(4)-0.35%
Min Revenue beat(4)-2.18%
Max Revenue beat(4)1.25%
Revenue beat(8)4
Avg Revenue beat(8)-0.94%
Revenue beat(12)5
Avg Revenue beat(12)-0.93%
Revenue beat(16)8
Avg Revenue beat(16)-0.76%
PT rev (1m)0%
PT rev (3m)0.63%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.36%
EPS NY rev (1m)0%
EPS NY rev (3m)4.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.45 | ||
| Fwd PE | 9.02 | ||
| P/S | 2.91 | ||
| P/FCF | 11.1 | ||
| P/OCF | 10.54 | ||
| P/B | 1.02 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.82
EY10.58%
EPS(NY)2.95
Fwd EY11.08%
FCF(TTM)2.4
FCFY9.01%
OCF(TTM)2.53
OCFY9.49%
SpS9.16
BVpS26
TBVpS21.15
PEG (NY)4.28
PEG (5Y)0.84
Graham Number40.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.22% | ||
| ROE | 9.98% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 28.32% | ||
| GM | N/A | ||
| FCFM | 26.22% |
ROA(3y)1.23%
ROA(5y)1.13%
ROE(3y)11.14%
ROE(5y)9.8%
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 3Y0.08%
PM growth 5Y7.5%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.63 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 123.95% | ||
| Cap/Sales | 1.39% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 92.58% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC14.41%
ROIC/WACCN/A
Cap/Depr(3y)47.64%
Cap/Depr(5y)37.54%
Cap/Sales(3y)1.03%
Cap/Sales(5y)1.04%
Profit Quality(3y)179.64%
Profit Quality(5y)180.75%
High Growth Momentum
Growth
EPS 1Y (TTM)2.55%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%20.29%
EPS Next Y2.21%
EPS Next 2Y3.45%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.16%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%13.65%
Revenue Next Year8.57%
Revenue Next 2Y5.8%
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-30.06%
FCF growth 3Y33.34%
FCF growth 5Y46.93%
OCF growth 1Y-27.45%
OCF growth 3Y33.03%
OCF growth 5Y42.99%
BYLINE BANCORP INC / BY FAQ
Can you provide the ChartMill fundamental rating for BYLINE BANCORP INC?
ChartMill assigns a fundamental rating of 3 / 10 to BY.
What is the valuation status of BYLINE BANCORP INC (BY) stock?
ChartMill assigns a valuation rating of 4 / 10 to BYLINE BANCORP INC (BY). This can be considered as Fairly Valued.
Can you provide the profitability details for BYLINE BANCORP INC?
BYLINE BANCORP INC (BY) has a profitability rating of 4 / 10.
What is the valuation of BYLINE BANCORP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BYLINE BANCORP INC (BY) is 9.45 and the Price/Book (PB) ratio is 1.02.
Can you provide the financial health for BY stock?
The financial health rating of BYLINE BANCORP INC (BY) is 2 / 10.