HANMI FINANCIAL CORPORATION (HAFC)
US4104952043 - Common Stock
We assign a fundamental rating of 4 out of 10 to HAFC. HAFC was compared to 411 industry peers in the Banks industry. HAFC has only an average score on both its financial health and profitability. HAFC is valued correctly, but it does not seem to be growing. Finally HAFC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year HAFC was profitable.
In the past year HAFC had a positive cash flow from operations.
Each year in the past 5 years HAFC has been profitable.
In the past 5 years HAFC always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 1.05%, HAFC is doing good in the industry, outperforming 65.94% of the companies in the same industry.
With a decent Return On Equity value of 11.33%, HAFC is doing good in the industry, outperforming 73.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 11.33% | ||
| ROIC | N/A |
ROA(3y)1.28%
ROA(5y)1.02%
ROE(3y)14.13%
ROE(5y)11.08%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 31.14%, HAFC belongs to the best of the industry, outperforming 81.02% of the companies in the same industry.
HAFC's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for HAFC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 31.14% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y18.7%
PM growth 5Y2.16%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HAFC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, HAFC has less shares outstanding
HAFC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, HAFC has an improved debt to assets ratio.
2.2 Solvency
HAFC has a debt to FCF ratio of 1.23. This is a very positive value and a sign of high solvency as it would only need 1.23 years to pay back of all of its debts.
HAFC has a Debt to FCF ratio of 1.23. This is in the better half of the industry: HAFC outperforms 70.80% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that HAFC is not too dependend on debt financing.
HAFC has a Debt to Equity ratio of 0.19. This is comparable to the rest of the industry: HAFC outperforms 58.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.23 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.96%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for HAFC have decreased strongly by -21.08% in the last year.
Measured over the past 5 years, HAFC shows a small growth in Earnings Per Share. The EPS has been growing by 6.64% on average per year.
Looking at the last year, HAFC shows a decrease in Revenue. The Revenue has decreased by -6.03% in the last year.
Measured over the past years, HAFC shows a small growth in Revenue. The Revenue has been growing by 4.45% on average per year.
EPS 1Y (TTM)-21.08%
EPS 3Y34.78%
EPS 5Y6.64%
EPS growth Q2Q-34.41%
Revenue 1Y (TTM)-6.03%
Revenue growth 3Y4.48%
Revenue growth 5Y4.45%
Revenue growth Q2Q-16.94%
3.2 Future
HAFC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.58% yearly.
HAFC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.32% yearly.
EPS Next Y-18%
EPS Next 2Y-4.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.28%
Revenue Next 2Y1.32%
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
HAFC is valuated cheaply with a Price/Earnings ratio of 6.02.
Based on the Price/Earnings ratio, HAFC is valued cheaper than 92.21% of the companies in the same industry.
HAFC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.20.
HAFC is valuated cheaply with a Price/Forward Earnings ratio of 7.34.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HAFC indicates a rather cheap valuation: HAFC is cheaper than 88.32% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.63. HAFC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.02 | ||
| Fwd PE | 7.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HAFC indicates a rather cheap valuation: HAFC is cheaper than 90.02% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.53 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as HAFC's earnings are expected to decrease with -4.58% in the coming years.
PEG (NY)N/A
PEG (5Y)0.91
EPS Next 2Y-4.58%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.61%, HAFC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.86, HAFC pays a better dividend. On top of this HAFC pays more dividend than 93.92% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, HAFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.61% |
5.2 History
The dividend of HAFC has a limited annual growth rate of 0.55%.
HAFC has paid a dividend for at least 10 years, which is a reliable track record.
HAFC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.55%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
38.39% of the earnings are spent on dividend by HAFC. This is a low number and sustainable payout ratio.
DP38.39%
EPS Next 2Y-4.58%
EPS Next 3YN/A
HANMI FINANCIAL CORPORATION
NASDAQ:HAFC (4/26/2024, 9:45:02 AM)
15.78
+0.15 (+0.96%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap477.66M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.61% |
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)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.02 | ||
| Fwd PE | 7.34 | ||
| 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)0.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 11.33% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 31.14% | ||
| 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| 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)-21.08%
EPS 3Y34.78%
EPS 5Y
EPS growth Q2Q
EPS Next Y-18%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-6.03%
Revenue growth 3Y4.48%
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