FIRST BANCORP PUERTO RICO (FBP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FBP - PR3186727065 - Common Stock
19.93 USD
+0.16 (+0.81%)
19.93 USD
0 (0%)
Overall FBP gets a fundamental rating of 5 out of 10. We evaluated FBP against 387 industry peers in the Banks industry. FBP has only an average score on both its financial health and profitability. FBP has a decent growth rate and is not valued too expensively. FBP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FBP had positive earnings in the past year.
FBP had a positive operating cash flow in the past year.
Each year in the past 5 years FBP has been profitable.
Each year in the past 5 years FBP had a positive operating cash flow.
1.2 Ratios
FBP's Return On Assets of 1.73% is amongst the best of the industry. FBP outperforms 94.06% of its industry peers.
FBP has a better Return On Equity (17.39%) than 96.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 17.39% | ||
| ROIC | N/A |
ROA(3y)1.6%
ROA(5y)1.33%
ROE(3y)20.38%
ROE(5y)15.74%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 33.85%, FBP belongs to the best of the industry, outperforming 88.63% of the companies in the same industry.
FBP's Profit Margin has improved in the last couple of years.
FBP 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) | 33.85% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.76%
PM growth 5Y4.92%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FBP does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FBP has been reduced compared to 1 year ago.
The number of shares outstanding for FBP has been reduced compared to 5 years ago.
FBP has a better debt/assets ratio than last year.
2.2 Solvency
FBP has a debt to FCF ratio of 0.68. This is a very positive value and a sign of high solvency as it would only need 0.68 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.68, FBP is in the better half of the industry, outperforming 78.29% of the companies in the same industry.
FBP has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
FBP 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 | 0.68 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.97%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FBP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.96%, which is quite good.
Measured over the past years, FBP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.59% on average per year.
The Revenue has been growing slightly by 6.27% in the past year.
FBP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.36% yearly.
EPS 1Y (TTM)11.96%
EPS 3Y8.94%
EPS 5Y19.59%
EPS Q2Q%40%
Revenue 1Y (TTM)6.27%
Revenue growth 3Y3.3%
Revenue growth 5Y7.36%
Sales Q2Q%7.85%
3.2 Future
Based on estimates for the next years, FBP will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.65% on average per year.
The Revenue is expected to grow by 10.88% on average over the next years. This is quite good.
EPS Next Y11.88%
EPS Next 2Y8.68%
EPS Next 3Y8.65%
EPS Next 5YN/A
Revenue Next Year21.11%
Revenue Next 2Y12.54%
Revenue Next 3Y10.88%
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.
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 9.67, the valuation of FBP can be described as very reasonable.
Based on the Price/Earnings ratio, FBP is valued cheaper than 81.91% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.11, FBP is valued rather cheaply.
A Price/Forward Earnings ratio of 9.32 indicates a reasonable valuation of FBP.
Based on the Price/Forward Earnings ratio, FBP is valued a bit cheaper than 64.86% of the companies in the same industry.
FBP is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 9.32 |
4.2 Price Multiples
FBP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FBP is cheaper than 82.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.33 | ||
| 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.
PEG (NY)0.81
PEG (5Y)0.49
EPS Next 2Y8.68%
EPS Next 3Y8.65%
5. Dividend
5.1 Amount
FBP has a Yearly Dividend Yield of 3.59%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.15, FBP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, FBP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
5.2 History
The dividend of FBP is nicely growing with an annual growth rate of 33.03%!
FBP has paid a dividend for at least 10 years, which is a reliable track record.
As FBP did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)33.03%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
FBP pays out 34.06% of its income as dividend. This is a sustainable payout ratio.
The dividend of FBP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP34.06%
EPS Next 2Y8.68%
EPS Next 3Y8.65%
19.93
+0.16 (+0.81%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners98.31%
Inst Owner Change1.27%
Ins Owners2.03%
Ins Owner Change-2.77%
Market Cap3.15B
Revenue(TTM)985.12M
Net Income(TTM)333.47M
Analysts80
Price Target24.82 (24.54%)
Short Float %2.93%
Short Ratio3.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
Yearly Dividend0.63
Dividend Growth(5Y)33.03%
DP34.06%
Div Incr Years6
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.11%
Min EPS beat(2)8.09%
Max EPS beat(2)28.14%
EPS beat(4)4
Avg EPS beat(4)14.19%
Min EPS beat(4)8.09%
Max EPS beat(4)28.14%
EPS beat(8)8
Avg EPS beat(8)15.67%
EPS beat(12)11
Avg EPS beat(12)13.46%
EPS beat(16)15
Avg EPS beat(16)12.51%
Revenue beat(2)0
Avg Revenue beat(2)-9.75%
Min Revenue beat(2)-13.15%
Max Revenue beat(2)-6.35%
Revenue beat(4)1
Avg Revenue beat(4)-2.16%
Min Revenue beat(4)-13.15%
Max Revenue beat(4)16.77%
Revenue beat(8)1
Avg Revenue beat(8)-3.15%
Revenue beat(12)3
Avg Revenue beat(12)-0.75%
Revenue beat(16)7
Avg Revenue beat(16)3.36%
PT rev (1m)-2.01%
PT rev (3m)-2.67%
EPS NQ rev (1m)1.61%
EPS NQ rev (3m)-0.94%
EPS NY rev (1m)2.35%
EPS NY rev (3m)2.2%
Revenue NQ rev (1m)-1.19%
Revenue NQ rev (3m)-1.36%
Revenue NY rev (1m)-0.62%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 9.32 | ||
| P/S | 3.2 | ||
| P/FCF | 7.33 | ||
| P/OCF | 7.19 | ||
| P/B | 1.64 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.06
EY10.34%
EPS(NY)2.14
Fwd EY10.73%
FCF(TTM)2.72
FCFY13.65%
OCF(TTM)2.77
OCFY13.92%
SpS6.24
BVpS12.14
TBVpS11.73
PEG (NY)0.81
PEG (5Y)0.49
Graham Number23.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 17.39% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 33.85% | ||
| GM | N/A | ||
| FCFM | 43.6% |
ROA(3y)1.6%
ROA(5y)1.33%
ROE(3y)20.38%
ROE(5y)15.74%
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 3Y-0.76%
PM growth 5Y4.92%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 0.68 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 38.46% | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 128.81% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC12.97%
ROIC/WACCN/A
Cap/Depr(3y)61.95%
Cap/Depr(5y)56.86%
Cap/Sales(3y)1.91%
Cap/Sales(5y)1.91%
Profit Quality(3y)127.34%
Profit Quality(5y)160.82%
High Growth Momentum
Growth
EPS 1Y (TTM)11.96%
EPS 3Y8.94%
EPS 5Y19.59%
EPS Q2Q%40%
EPS Next Y11.88%
EPS Next 2Y8.68%
EPS Next 3Y8.65%
EPS Next 5YN/A
Revenue 1Y (TTM)6.27%
Revenue growth 3Y3.3%
Revenue growth 5Y7.36%
Sales Q2Q%7.85%
Revenue Next Year21.11%
Revenue Next 2Y12.54%
Revenue Next 3Y10.88%
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 1Y17.84%
FCF growth 3Y0.66%
FCF growth 5Y7.72%
OCF growth 1Y12.49%
OCF growth 3Y0.37%
OCF growth 5Y6.55%
FIRST BANCORP PUERTO RICO / FBP FAQ
What is the fundamental rating for FBP stock?
ChartMill assigns a fundamental rating of 5 / 10 to FBP.
What is the valuation status of FIRST BANCORP PUERTO RICO (FBP) stock?
ChartMill assigns a valuation rating of 6 / 10 to FIRST BANCORP PUERTO RICO (FBP). This can be considered as Fairly Valued.
How profitable is FIRST BANCORP PUERTO RICO (FBP) stock?
FIRST BANCORP PUERTO RICO (FBP) has a profitability rating of 5 / 10.
What is the valuation of FIRST BANCORP PUERTO RICO based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FIRST BANCORP PUERTO RICO (FBP) is 9.67 and the Price/Book (PB) ratio is 1.64.
What is the financial health of FIRST BANCORP PUERTO RICO (FBP) stock?
The financial health rating of FIRST BANCORP PUERTO RICO (FBP) is 4 / 10.