BYLINE BANCORP INC (BY) Stock Fundamental Analysis
USA - NYSE:BY - US1244111092 - Common Stock
27.21 USD
-0.94 (-3.34%)
27.21 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to BY. BY was compared to 390 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BY was profitable.
BY had a positive operating cash flow in the past year.
In the past 5 years BY has always been profitable.
BY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.22%, BY belongs to the top of the industry, outperforming 80.26% of the companies in the same industry.
With a decent Return On Equity value of 9.98%, BY is doing good in the industry, outperforming 64.62% of the companies in the same industry.
| 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 75.13% of its industry peers.
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.
The number of shares outstanding for BY has been increased compared to 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.
The Debt to FCF ratio of BY (1.63) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.15 indicates that BY is not too dependend on debt financing.
BY has a Debt to Equity ratio (0.15) which 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
WACC14.32%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.55%.
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 5.16% 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)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
The Earnings Per Share is expected to grow by 3.45% on average over the next years.
BY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.80% yearly.
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
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
A Price/Earnings ratio of 9.65 indicates a reasonable valuation of BY.
Based on the Price/Earnings ratio, BY is valued a bit cheaper than 75.64% of the companies in the same industry.
BY is valuated cheaply when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.21, the valuation of BY can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BY is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of BY to the average of the S&P500 Index (23.09), we can say BY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.65 | ||
| Fwd PE | 9.21 |
4.2 Price Multiples
BY's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.33 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BY does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)4.37
PEG (5Y)0.86
EPS Next 2Y3.45%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BY has a Yearly Dividend Yield of 1.42%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.50, BY is paying slightly less dividend.
BY's Dividend Yield is slightly below the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
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
14.28% of the earnings are spent on dividend by BY. This is a low number and sustainable payout ratio.
BY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP14.28%
EPS Next 2Y3.45%
EPS Next 3YN/A
27.21
-0.94 (-3.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners53.41%
Inst Owner Change0.09%
Ins Owners2.62%
Ins Owner Change1.08%
Market Cap1.25B
Revenue(TTM)406.90M
Net Income(TTM)118.98M
Analysts80
Price Target32.84 (20.69%)
Short Float %1.69%
Short Ratio2.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
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 | 9.65 | ||
| Fwd PE | 9.21 | ||
| P/S | 2.97 | ||
| P/FCF | 11.33 | ||
| P/OCF | 10.76 | ||
| P/B | 1.05 | ||
| P/tB | 1.29 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.82
EY10.36%
EPS(NY)2.95
Fwd EY10.85%
FCF(TTM)2.4
FCFY8.83%
OCF(TTM)2.53
OCFY9.3%
SpS9.16
BVpS26
TBVpS21.15
PEG (NY)4.37
PEG (5Y)0.86
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
WACC14.32%
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 9.65 and the Price/Book (PB) ratio is 1.05.
Can you provide the financial health for BY stock?
The financial health rating of BYLINE BANCORP INC (BY) is 2 / 10.