REPUBLIC FIRST BANCORP INC (FRBK)

US7604161072 - Common Stock

0.309  -0.39 (-55.86%)

After market: 0.311 +0 (+0.65%)

Fundamental Rating

1

Taking everything into account, FRBK scores 1 out of 10 in our fundamental rating. FRBK was compared to 415 industry peers in the Banks industry. Both the profitability and financial health of FRBK have multiple concerns. While showing a medium growth rate, FRBK is valued expensive at the moment.



1

1. Profitability

1.1 Basic Checks

In the past year FRBK has reported negative net income.
In multiple years FRBK reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: FRBK reported negative operating cash flow in multiple years.

1.2 Ratios

FRBK has a Return On Assets of 0.35%. This is amonst the worse of the industry: FRBK underperforms 91.55% of its industry peers.
FRBK has a Return On Equity (11.01%) which is comparable to the rest of the industry.
Industry RankSector Rank
ROA 0.35%
ROE 11.01%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

FRBK has a worse Profit Margin (13.38%) than 89.61% of its industry peers.
In the last couple of years the Profit Margin of FRBK has grown nicely.
FRBK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 13.38%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y14.4%
PM growth 5Y11.36%
GM growth 3YN/A
GM growth 5YN/A

0

2. Health

2.1 Basic Checks

FRBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for FRBK. 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

A Debt/Equity ratio of 4.99 is on the high side and indicates that FRBK has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.99, FRBK is doing worse than 99.28% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 4.99
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC5.12%

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

4

3. Growth

3.1 Past

The earnings per share for FRBK have decreased strongly by -128.13% in the last year.
Measured over the past years, FRBK shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.42% on average per year.
FRBK shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.53%.
The Revenue has been growing by 20.90% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-128.12%
EPS 3Y30.06%
EPS 5Y22.42%
EPS growth Q2Q-287.5%
Revenue 1Y (TTM)26.53%
Revenue growth 3Y18.96%
Revenue growth 5Y20.9%
Revenue growth Q2Q-37.6%

3.2 Future

FRBK is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -34.49% yearly.
FRBK is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.07% yearly.
EPS Next Y5.09%
EPS Next 2Y-73.78%
EPS Next 3Y-34.49%
EPS Next 5YN/A
Revenue Next Year7.77%
Revenue Next 2Y-18.41%
Revenue Next 3Y-10.07%
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.
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.

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for FRBK. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for FRBK. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

A cheap valuation may be justified as FRBK's earnings are expected to decrease with -34.49% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-73.78%
EPS Next 3Y-34.49%

4

5. Dividend

5.1 Amount

FRBK has a Yearly Dividend Yield of 19.22%, which is a nice return.
In the last 3 months the price of FRBK has falen by -79.12%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.70, FRBK pays a better dividend. On top of this FRBK pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, FRBK pays a better dividend.
Industry RankSector Rank
Dividend Yield 19.22%

5.2 History

FRBK does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

The earnings of FRBK are negative and hence is the payout ratio. FRBK will probably not be able to sustain this dividend level.
DP-4%
EPS Next 2Y-73.78%
EPS Next 3Y-34.49%

REPUBLIC FIRST BANCORP INC

NASDAQ:FRBK (8/22/2023, 7:58:02 PM)

After market: 0.311 +0 (+0.65%)

0.309

-0.39 (-55.86%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap21.69M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 19.22%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.35%
ROE 11.01%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) 13.38%
GM N/A
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 4.99
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio N/A
Quick Ratio N/A
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-128.12%
EPS 3Y30.06%
EPS 5Y
EPS growth Q2Q
EPS Next Y5.09%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)26.53%
Revenue growth 3Y18.96%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y