HANMI FINANCIAL CORPORATION (HAFC) Stock Fundamental Analysis
USA - NASDAQ:HAFC - US4104952043 - Common Stock
27.19 USD
+0.14 (+0.52%)
27.19 USD
0 (0%)
Taking everything into account, HAFC scores 4 out of 10 in our fundamental rating. HAFC was compared to 390 industry peers in the Banks industry. HAFC has a medium profitability rating, but doesn't score so well on its financial health evaluation. HAFC has a correct valuation and a medium growth rate.
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.
HAFC had positive earnings in each of the past 5 years.
In the past 5 years HAFC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HAFC (0.82%) is comparable to the rest of the industry.
HAFC has a Return On Equity (8.50%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 8.5% | ||
| ROIC | N/A |
ROA(3y)1.07%
ROA(5y)1.06%
ROE(3y)11.86%
ROE(5y)11.61%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HAFC has a Profit Margin of 26.21%. This is in the better half of the industry: HAFC outperforms 64.87% of its industry peers.
In the last couple of years the Profit Margin of HAFC has grown nicely.
HAFC 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) | 26.21% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-14.14%
PM growth 5Y10.44%
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.
HAFC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, HAFC has less shares outstanding
HAFC has a better debt/assets ratio than last year.
2.2 Solvency
HAFC has a debt to FCF ratio of 4.87. This is a neutral value as HAFC would need 4.87 years to pay back of all of its debts.
HAFC has a worse Debt to FCF ratio (4.87) than 67.44% of its industry peers.
HAFC has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
HAFC's Debt to Equity ratio of 0.17 is in line compared to the rest of the industry. HAFC outperforms 51.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 4.87 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.03%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
HAFC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.90%, which is quite good.
HAFC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.89% yearly.
Looking at the last year, HAFC shows a decrease in Revenue. The Revenue has decreased by -8.26% in the last year.
Measured over the past years, HAFC shows a small growth in Revenue. The Revenue has been growing by 2.86% on average per year.
EPS 1Y (TTM)14.9%
EPS 3Y-13.88%
EPS 5Y13.89%
EPS Q2Q%48.98%
Revenue 1Y (TTM)-8.26%
Revenue growth 3Y-0.18%
Revenue growth 5Y2.86%
Sales Q2Q%21.32%
3.2 Future
HAFC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.76% yearly.
HAFC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.28% yearly.
EPS Next Y19.02%
EPS Next 2Y18.01%
EPS Next 3Y16.76%
EPS Next 5YN/A
Revenue Next Year12.76%
Revenue Next 2Y10.28%
Revenue Next 3YN/A
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
HAFC is valuated reasonably with a Price/Earnings ratio of 11.38.
Compared to the rest of the industry, the Price/Earnings ratio of HAFC is on the same level as its industry peers.
HAFC is valuated cheaply when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
HAFC is valuated reasonably with a Price/Forward Earnings ratio of 9.52.
HAFC's Price/Forward Earnings is on the same level as the industry average.
HAFC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.38 | ||
| Fwd PE | 9.52 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, HAFC is valued a bit more expensive than 77.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.48 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
HAFC's 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 HAFC's earnings are expected to grow with 16.76% in the coming years.
PEG (NY)0.6
PEG (5Y)0.82
EPS Next 2Y18.01%
EPS Next 3Y16.76%
5. Dividend
5.1 Amount
HAFC has a Yearly Dividend Yield of 3.99%.
HAFC's Dividend Yield is a higher than the industry average which is at 3.50.
HAFC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
5.2 History
The dividend of HAFC has a limited annual growth rate of 0.76%.
HAFC has been paying a dividend for at least 10 years, so it has a reliable track record.
HAFC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.76%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
HAFC pays out 48.62% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of HAFC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP48.62%
EPS Next 2Y18.01%
EPS Next 3Y16.76%
27.19
+0.14 (+0.52%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners94.14%
Inst Owner Change1.16%
Ins Owners1.96%
Ins Owner Change1.65%
Market Cap819.23M
Revenue(TTM)234.36M
Net Income(TTM)64.82M
Analysts80
Price Target28.31 (4.12%)
Short Float %1.44%
Short Ratio2.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
Yearly Dividend1
Dividend Growth(5Y)0.76%
DP48.62%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.17%
Min EPS beat(2)-19.61%
Max EPS beat(2)-0.73%
EPS beat(4)1
Avg EPS beat(4)-2.95%
Min EPS beat(4)-19.61%
Max EPS beat(4)9.14%
EPS beat(8)3
Avg EPS beat(8)-2.35%
EPS beat(12)6
Avg EPS beat(12)-0.21%
EPS beat(16)10
Avg EPS beat(16)9.83%
Revenue beat(2)0
Avg Revenue beat(2)-2.82%
Min Revenue beat(2)-2.94%
Max Revenue beat(2)-2.69%
Revenue beat(4)0
Avg Revenue beat(4)-2.9%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)-2.69%
Revenue beat(8)1
Avg Revenue beat(8)-3.01%
Revenue beat(12)2
Avg Revenue beat(12)-3%
Revenue beat(16)4
Avg Revenue beat(16)-1.72%
PT rev (1m)0%
PT rev (3m)1.37%
EPS NQ rev (1m)0.81%
EPS NQ rev (3m)1.68%
EPS NY rev (1m)0.27%
EPS NY rev (3m)-4.73%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)0.25%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.38 | ||
| Fwd PE | 9.52 | ||
| P/S | 3.31 | ||
| P/FCF | 30.48 | ||
| P/OCF | 28.48 | ||
| P/B | 1.07 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.39
EY8.79%
EPS(NY)2.85
Fwd EY10.5%
FCF(TTM)0.89
FCFY3.28%
OCF(TTM)0.95
OCFY3.51%
SpS8.21
BVpS25.32
TBVpS24.74
PEG (NY)0.6
PEG (5Y)0.82
Graham Number36.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 8.5% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 26.21% | ||
| GM | N/A | ||
| FCFM | 10.87% |
ROA(3y)1.07%
ROA(5y)1.06%
ROE(3y)11.86%
ROE(5y)11.61%
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-14.14%
PM growth 5Y10.44%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 4.87 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 20.42% | ||
| Cap/Sales | 0.76% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 41.46% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC17.03%
ROIC/WACCN/A
Cap/Depr(3y)22.39%
Cap/Depr(5y)24.79%
Cap/Sales(3y)0.92%
Cap/Sales(5y)1.17%
Profit Quality(3y)119.98%
Profit Quality(5y)117.32%
High Growth Momentum
Growth
EPS 1Y (TTM)14.9%
EPS 3Y-13.88%
EPS 5Y13.89%
EPS Q2Q%48.98%
EPS Next Y19.02%
EPS Next 2Y18.01%
EPS Next 3Y16.76%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.26%
Revenue growth 3Y-0.18%
Revenue growth 5Y2.86%
Sales Q2Q%21.32%
Revenue Next Year12.76%
Revenue Next 2Y10.28%
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 1Y-83.66%
FCF growth 3Y-17.38%
FCF growth 5Y-2.14%
OCF growth 1Y-82.74%
OCF growth 3Y-16.81%
OCF growth 5Y-1.71%
HANMI FINANCIAL CORPORATION / HAFC FAQ
What is the fundamental rating for HAFC stock?
ChartMill assigns a fundamental rating of 4 / 10 to HAFC.
What is the valuation status for HAFC stock?
ChartMill assigns a valuation rating of 5 / 10 to HANMI FINANCIAL CORPORATION (HAFC). This can be considered as Fairly Valued.
How profitable is HANMI FINANCIAL CORPORATION (HAFC) stock?
HANMI FINANCIAL CORPORATION (HAFC) has a profitability rating of 4 / 10.
Can you provide the financial health for HAFC stock?
The financial health rating of HANMI FINANCIAL CORPORATION (HAFC) is 2 / 10.
Can you provide the expected EPS growth for HAFC stock?
The Earnings per Share (EPS) of HANMI FINANCIAL CORPORATION (HAFC) is expected to grow by 19.02% in the next year.