BYLINE BANCORP INC (BY) Stock Fundamental Analysis
NYSE:BY - US1244111092 - Common Stock
29.3 USD
+0.17 (+0.58%)
29.3 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to BY. BY was compared to 393 industry peers in the Banks industry. There are concerns on the financial health of BY while its profitability can be described as average. BY has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BY had positive earnings in the past year.
In the past year BY had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 1.22%, BY belongs to the top of the industry, outperforming 80.66% of the companies in the same industry.
BY's Return On Equity of 9.98% is fine compared to the rest of the industry. BY outperforms 65.90% 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
BY's Profit Margin of 28.32% is fine compared to the rest of the industry. BY outperforms 75.57% of its industry peers.
BY's Profit Margin has improved in the last couple of years.
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.
BY has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, BY has more shares outstanding
The debt/assets ratio for BY has been reduced compared to a year ago.
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.
BY has a Debt to FCF ratio of 1.63. This is comparable to the rest of the industry: BY outperforms 56.23% of its industry peers.
BY has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of BY (0.15) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.63 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.17%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BY shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.11%.
BY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.24% yearly.
Looking at the last year, BY shows a small growth in Revenue. The Revenue has grown by 3.44% in the last year.
Measured over the past years, BY shows a quite strong growth in Revenue. The Revenue has been growing by 8.40% on average per year.
EPS 1Y (TTM)-1.11%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%-2.94%
Revenue 1Y (TTM)3.44%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%11.15%
3.2 Future
The Earnings Per Share is expected to grow by 2.57% on average over the next years.
Based on estimates for the next years, BY will show a small growth in Revenue. The Revenue will grow by 5.53% on average per year.
EPS Next Y0.41%
EPS Next 2Y2.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.75%
Revenue Next 2Y5.53%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
The Price/Earnings ratio is 10.93, which indicates a very decent valuation of BY.
Compared to the rest of the industry, the Price/Earnings ratio of BY indicates a somewhat cheap valuation: BY is cheaper than 74.30% of the companies listed in the same industry.
BY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.14.
With a Price/Forward Earnings ratio of 10.09, the valuation of BY can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as BY.
When comparing the Price/Forward Earnings ratio of BY to the average of the S&P500 Index (22.80), we can say BY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.93 | ||
| Fwd PE | 10.09 |
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 | 12.2 | ||
| 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)26.91
PEG (5Y)0.97
EPS Next 2Y2.57%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BY has a Yearly Dividend Yield of 1.45%. Purely for dividend investing, there may be better candidates out there.
BY's Dividend Yield is slightly below the industry average, which is at 3.30.
Compared to the average S&P500 Dividend Yield of 2.34, BY is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
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.
BY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP14.28%
EPS Next 2Y2.57%
EPS Next 3YN/A
29.3
+0.17 (+0.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners45.59%
Inst Owner Change17.95%
Ins Owners2.63%
Ins Owner Change1.01%
Market Cap1.34B
Analysts80
Price Target32.64 (11.4%)
Short Float %1.28%
Short Ratio1.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
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)1.91%
EPS NQ rev (1m)2.9%
EPS NQ rev (3m)4.61%
EPS NY rev (1m)2.5%
EPS NY rev (3m)2.22%
Revenue NQ rev (1m)1.57%
Revenue NQ rev (3m)2.48%
Revenue NY rev (1m)1.34%
Revenue NY rev (3m)1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.93 | ||
| Fwd PE | 10.09 | ||
| P/S | 3.2 | ||
| P/FCF | 12.2 | ||
| P/OCF | 11.58 | ||
| P/B | 1.13 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.68
EY9.15%
EPS(NY)2.9
Fwd EY9.91%
FCF(TTM)2.4
FCFY8.2%
OCF(TTM)2.53
OCFY8.63%
SpS9.16
BVpS26
TBVpS21.15
PEG (NY)26.91
PEG (5Y)0.97
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
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 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
WACC14.17%
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)-1.11%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%-2.94%
EPS Next Y0.41%
EPS Next 2Y2.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.44%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%11.15%
Revenue Next Year7.75%
Revenue Next 2Y5.53%
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%