CAPITAL BANCORP INC/MD (CBNK) Stock Fundamental Analysis
NASDAQ:CBNK - Nasdaq - US1397371006 - Common Stock - Currency: USD
Taking everything into account, CBNK scores 5 out of 10 in our fundamental rating. CBNK was compared to 397 industry peers in the Banks industry. While CBNK seems to be doing ok healthwise, there are quite some concerns on its profitability. CBNK is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
CBNK had positive earnings in the past year.
CBNK had a positive operating cash flow in the past year.
CBNK had positive earnings in each of the past 5 years.
CBNK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 1.14%, CBNK is doing good in the industry, outperforming 76.57% of the companies in the same industry.
CBNK has a better Return On Equity (10.37%) than 71.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 10.37% | ||
| ROIC | N/A |
ROA(3y)1.52%
ROA(5y)1.57%
ROE(3y)13.82%
ROE(5y)15.57%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CBNK's Profit Margin of 18.82% is on the low side compared to the rest of the industry. CBNK is outperformed by 66.75% of its industry peers.
CBNK's Profit Margin has declined in the last couple of years.
CBNK 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) | 18.82% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.38%
PM growth 5Y-1.96%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CBNK does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CBNK has more shares outstanding
The number of shares outstanding for CBNK has been increased compared to 5 years ago.
CBNK has a better debt/assets ratio than last year.
2.2 Solvency
CBNK has a debt to FCF ratio of 0.21. This is a very positive value and a sign of high solvency as it would only need 0.21 years to pay back of all of its debts.
CBNK has a Debt to FCF ratio of 0.21. This is amongst the best in the industry. CBNK outperforms 87.15% of its industry peers.
CBNK has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
CBNK's Debt to Equity ratio of 0.03 is amongst the best of the industry. CBNK outperforms 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.15%
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 grown by an impressive 27.78% over the past year.
Measured over the past years, CBNK shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.89% on average per year.
The Revenue has grown by 22.04% in the past year. This is a very strong growth!
The Revenue has been growing by 15.14% on average over the past years. This is quite good.
EPS 1Y (TTM)27.78%
EPS 3Y-2.29%
EPS 5Y16.89%
EPS Q2Q%74.47%
Revenue 1Y (TTM)22.04%
Revenue growth 3Y3.62%
Revenue growth 5Y15.14%
Sales Q2Q%42.99%
3.2 Future
The Earnings Per Share is expected to grow by 17.95% on average over the next years. This is quite good.
The Revenue is expected to grow by 19.80% on average over the next years. This is quite good.
EPS Next Y33.78%
EPS Next 2Y17.95%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year33.12%
Revenue Next 2Y19.8%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.62, the valuation of CBNK can be described as very reasonable.
CBNK's Price/Earnings ratio is a bit cheaper when compared to the industry. CBNK is cheaper than 63.22% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, CBNK is valued rather cheaply.
CBNK is valuated reasonably with a Price/Forward Earnings ratio of 9.46.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CBNK indicates a somewhat cheap valuation: CBNK is cheaper than 62.72% of the companies listed in the same industry.
CBNK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 9.46 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CBNK is valued a bit cheaper than 63.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.88 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CBNK's earnings are expected to grow with 17.95% in the coming years.
PEG (NY)0.34
PEG (5Y)0.69
EPS Next 2Y17.95%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.13%, CBNK has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.30, CBNK's dividend is way lower than its industry peers. On top of this 80.60% of the companies listed in the same industry pay a better dividend than CBNK!
With a Dividend Yield of 1.13, CBNK pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
5.2 History
CBNK has been paying a dividend for over 5 years, so it has already some track record.
CBNK has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
15.19% of the earnings are spent on dividend by CBNK. This is a low number and sustainable payout ratio.
DP15.19%
EPS Next 2Y17.95%
EPS Next 3YN/A
34.75
-0.61 (-1.73%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners39.35%
Inst Owner Change0%
Ins Owners30.37%
Ins Owner Change0.82%
Market Cap578.93M
Analysts84
Price Target36.21 (4.2%)
Short Float %2.47%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP15.19%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)25.28%
Min EPS beat(2)11.27%
Max EPS beat(2)39.3%
EPS beat(4)2
Avg EPS beat(4)10.65%
Min EPS beat(4)-5.19%
Max EPS beat(4)39.3%
EPS beat(8)4
Avg EPS beat(8)5.89%
EPS beat(12)7
Avg EPS beat(12)6.43%
EPS beat(16)11
Avg EPS beat(16)10.35%
Revenue beat(2)2
Avg Revenue beat(2)0.34%
Min Revenue beat(2)0.03%
Max Revenue beat(2)0.66%
Revenue beat(4)2
Avg Revenue beat(4)-0.65%
Min Revenue beat(4)-2.53%
Max Revenue beat(4)0.66%
Revenue beat(8)2
Avg Revenue beat(8)-1.47%
Revenue beat(12)2
Avg Revenue beat(12)-2.68%
Revenue beat(16)4
Avg Revenue beat(16)-1.16%
PT rev (1m)1.43%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.72%
EPS NY rev (1m)0%
EPS NY rev (3m)6.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.41%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 9.46 | ||
| P/S | 2.84 | ||
| P/FCF | 9.88 | ||
| P/OCF | 9.5 | ||
| P/B | 1.57 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.99
EY8.6%
EPS(NY)3.67
Fwd EY10.57%
FCF(TTM)3.52
FCFY10.12%
OCF(TTM)3.66
OCFY10.52%
SpS12.23
BVpS22.18
TBVpS19.8
PEG (NY)0.34
PEG (5Y)0.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 10.37% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 18.82% | ||
| GM | N/A | ||
| FCFM | 28.74% |
ROA(3y)1.52%
ROA(5y)1.57%
ROE(3y)13.82%
ROE(5y)15.57%
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-11.38%
PM growth 5Y-1.96%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.21 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 152.75% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC15.15%
ROIC/WACCN/A
Cap/Depr(3y)427.12%
Cap/Depr(5y)263.77%
Cap/Sales(3y)1.13%
Cap/Sales(5y)0.72%
Profit Quality(3y)117.04%
Profit Quality(5y)140.31%
High Growth Momentum
Growth
EPS 1Y (TTM)27.78%
EPS 3Y-2.29%
EPS 5Y16.89%
EPS Q2Q%74.47%
EPS Next Y33.78%
EPS Next 2Y17.95%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)22.04%
Revenue growth 3Y3.62%
Revenue growth 5Y15.14%
Sales Q2Q%42.99%
Revenue Next Year33.12%
Revenue Next 2Y19.8%
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 1Y20.02%
FCF growth 3Y-37.17%
FCF growth 5YN/A
OCF growth 1Y15.82%
OCF growth 3Y-35.82%
OCF growth 5YN/A