FIRST HAWAIIAN INC (FHB) Stock Fundamental Analysis
USA - NASDAQ:FHB - US32051X1081 - Common Stock
25.03 USD
+0.02 (+0.08%)
25.03 USD
0 (0%)
FHB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 390 industry peers in the Banks industry. FHB has only an average score on both its financial health and profitability. FHB has a correct valuation and a medium growth rate. Finally FHB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FHB was profitable.
FHB had a positive operating cash flow in the past year.
In the past 5 years FHB has always been profitable.
In the past 5 years FHB always reported a positive cash flow from operatings.
1.2 Ratios
FHB has a Return On Assets of 1.03%. This is in the better half of the industry: FHB outperforms 67.69% of its industry peers.
Looking at the Return On Equity, with a value of 9.15%, FHB is in line with its industry, outperforming 56.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 9.15% | ||
| ROIC | N/A |
ROA(3y)1%
ROA(5y)0.97%
ROE(3y)9.98%
ROE(5y)9.35%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 29.82%, FHB belongs to the best of the industry, outperforming 80.26% of the companies in the same industry.
In the last couple of years the Profit Margin of FHB has declined.
The Operating Margin and Gross Margin are not available for FHB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.82% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-8.48%
PM growth 5Y-5.18%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FHB does not have a ROIC to compare to the WACC, probably because it is not profitable.
FHB has less shares outstanding than it did 1 year ago.
FHB has less shares outstanding than it did 5 years ago.
There is no outstanding debt for FHB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
FHB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.74%
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 nice 17.14% over the past year.
The Earnings Per Share has been decreasing by -3.87% on average over the past years.
Looking at the last year, FHB shows a small growth in Revenue. The Revenue has grown by 1.51% in the last year.
The Revenue has been growing slightly by 1.09% on average over the past years.
EPS 1Y (TTM)17.14%
EPS 3Y-4.58%
EPS 5Y-3.87%
EPS Q2Q%22.92%
Revenue 1Y (TTM)1.51%
Revenue growth 3Y4.16%
Revenue growth 5Y1.09%
Sales Q2Q%19.56%
3.2 Future
FHB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.79% yearly.
FHB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.87% yearly.
EPS Next Y17.23%
EPS Next 2Y8.18%
EPS Next 3Y7.79%
EPS Next 5YN/A
Revenue Next Year6.67%
Revenue Next 2Y4.4%
Revenue Next 3Y3.87%
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 accelerating.
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
Based on the Price/Earnings ratio of 12.21, the valuation of FHB can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of FHB is on the same level as its industry peers.
FHB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.83.
With a Price/Forward Earnings ratio of 11.95, the valuation of FHB can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FHB indicates a slightly more expensive valuation: FHB is more expensive than 65.13% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, FHB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.21 | ||
| Fwd PE | 11.95 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FHB is valued a bit cheaper than the industry average as 66.15% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.11 | ||
| 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)0.71
PEG (5Y)N/A
EPS Next 2Y8.18%
EPS Next 3Y7.79%
5. Dividend
5.1 Amount
FHB has a Yearly Dividend Yield of 4.20%, which is a nice return.
Compared to an average industry Dividend Yield of 3.46, FHB pays a bit more dividend than its industry peers.
FHB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
The dividend of FHB has a limited annual growth rate of 0.05%.
FHB has paid a dividend for at least 10 years, which is a reliable track record.
As FHB did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)0.05%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
FHB pays out 53.91% of its income as dividend. This is a bit on the high side, but may be sustainable.
FHB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP53.91%
EPS Next 2Y8.18%
EPS Next 3Y7.79%
25.03
+0.02 (+0.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners102.16%
Inst Owner Change-0.19%
Ins Owners0.58%
Ins Owner Change0%
Market Cap3.12B
Revenue(TTM)843.06M
Net Income(TTM)246.48M
Analysts47.06
Price Target26.78 (6.99%)
Short Float %6.24%
Short Ratio7.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
Yearly Dividend1.05
Dividend Growth(5Y)0.05%
DP53.91%
Div Incr Years0
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.5%
Min EPS beat(2)1.48%
Max EPS beat(2)17.52%
EPS beat(4)4
Avg EPS beat(4)7.31%
Min EPS beat(4)1.48%
Max EPS beat(4)17.52%
EPS beat(8)6
Avg EPS beat(8)3.78%
EPS beat(12)7
Avg EPS beat(12)2.23%
EPS beat(16)10
Avg EPS beat(16)1.82%
Revenue beat(2)1
Avg Revenue beat(2)0.02%
Min Revenue beat(2)-0.67%
Max Revenue beat(2)0.71%
Revenue beat(4)1
Avg Revenue beat(4)-5.99%
Min Revenue beat(4)-15.37%
Max Revenue beat(4)0.71%
Revenue beat(8)2
Avg Revenue beat(8)-6.72%
Revenue beat(12)2
Avg Revenue beat(12)-6.99%
Revenue beat(16)2
Avg Revenue beat(16)-5.73%
PT rev (1m)0.41%
PT rev (3m)1.61%
EPS NQ rev (1m)0.63%
EPS NQ rev (3m)3.37%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)5.9%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.21 | ||
| Fwd PE | 11.95 | ||
| P/S | 3.77 | ||
| P/FCF | 10.11 | ||
| P/OCF | 9.02 | ||
| P/B | 1.16 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.05
EY8.19%
EPS(NY)2.09
Fwd EY8.37%
FCF(TTM)2.48
FCFY9.89%
OCF(TTM)2.77
OCFY11.08%
SpS6.63
BVpS21.62
TBVpS13.59
PEG (NY)0.71
PEG (5Y)N/A
Graham Number31.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 9.15% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29.82% | ||
| GM | N/A | ||
| FCFM | 37.33% |
ROA(3y)1%
ROA(5y)0.97%
ROE(3y)9.98%
ROE(5y)9.35%
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-8.48%
PM growth 5Y-5.18%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 100.51% | ||
| Cap/Sales | 4.5% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 125.18% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC15.74%
ROIC/WACCN/A
Cap/Depr(3y)45.51%
Cap/Depr(5y)45.81%
Cap/Sales(3y)2.38%
Cap/Sales(5y)2.91%
Profit Quality(3y)128.08%
Profit Quality(5y)125.66%
High Growth Momentum
Growth
EPS 1Y (TTM)17.14%
EPS 3Y-4.58%
EPS 5Y-3.87%
EPS Q2Q%22.92%
EPS Next Y17.23%
EPS Next 2Y8.18%
EPS Next 3Y7.79%
EPS Next 5YN/A
Revenue 1Y (TTM)1.51%
Revenue growth 3Y4.16%
Revenue growth 5Y1.09%
Sales Q2Q%19.56%
Revenue Next Year6.67%
Revenue Next 2Y4.4%
Revenue Next 3Y3.87%
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-30.03%
FCF growth 3Y-10.04%
FCF growth 5Y1.57%
OCF growth 1Y-23.58%
OCF growth 3Y-8.69%
OCF growth 5Y1.38%
FIRST HAWAIIAN INC / FHB FAQ
What is the fundamental rating for FHB stock?
ChartMill assigns a fundamental rating of 5 / 10 to FHB.
What is the valuation status of FIRST HAWAIIAN INC (FHB) stock?
ChartMill assigns a valuation rating of 5 / 10 to FIRST HAWAIIAN INC (FHB). This can be considered as Fairly Valued.
Can you provide the profitability details for FIRST HAWAIIAN INC?
FIRST HAWAIIAN INC (FHB) has a profitability rating of 4 / 10.
What are the PE and PB ratios of FIRST HAWAIIAN INC (FHB) stock?
The Price/Earnings (PE) ratio for FIRST HAWAIIAN INC (FHB) is 12.21 and the Price/Book (PB) ratio is 1.16.
What is the earnings growth outlook for FIRST HAWAIIAN INC?
The Earnings per Share (EPS) of FIRST HAWAIIAN INC (FHB) is expected to grow by 17.23% in the next year.