26.85 USD
-0.18 (-0.67%)
26.85 USD
0 (0%)
Overall HAFC gets a fundamental rating of 5 out of 10. We evaluated HAFC against 387 industry peers in the Banks industry. Both the profitability and the financial health of HAFC get a neutral evaluation. Nothing too spectacular is happening here. HAFC may be a bit undervalued, certainly considering the very reasonable score on growth HAFC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
HAFC had positive earnings in the past year.
HAFC had a positive operating cash flow in the past year.
Each year in the past 5 years HAFC has been profitable.
Each year in the past 5 years HAFC had a positive operating cash flow.
1.2 Ratios
HAFC has a Return On Assets (0.92%) which is in line with its industry peers.
HAFC has a Return On Equity (9.23%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.92% | ||
| ROE | 9.23% | ||
| 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 27.69%. This is in the better half of the industry: HAFC outperforms 68.73% of its industry peers.
In the last couple of years the Profit Margin of HAFC has grown nicely.
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) | 27.69% | ||
| 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.
Compared to 1 year ago, HAFC has less shares outstanding
Compared to 5 years ago, HAFC has less shares outstanding
Compared to 1 year ago, HAFC has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of HAFC is 0.78, which is an excellent value as it means it would take HAFC, only 0.78 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.78, HAFC is in the better half of the industry, outperforming 72.61% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that HAFC is not too dependend on debt financing.
HAFC has a Debt to Equity ratio of 0.17. This is comparable to the rest of the industry: HAFC outperforms 50.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.78 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.2%
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 14.90% over the past year.
HAFC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.89% yearly.
HAFC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.32%.
The Revenue has been growing slightly by 2.86% on average over the past years.
EPS 1Y (TTM)14.9%
EPS 3Y-13.88%
EPS 5Y13.89%
EPS Q2Q%48.98%
Revenue 1Y (TTM)11.32%
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 17.62% yearly.
The Revenue is expected to grow by 11.20% on average over the next years. This is quite good.
EPS Next Y25.61%
EPS Next 2Y22.08%
EPS Next 3Y17.62%
EPS Next 5YN/A
Revenue Next Year15.05%
Revenue Next 2Y13.03%
Revenue Next 3Y11.2%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.23, which indicates a very decent valuation of HAFC.
HAFC's Price/Earnings ratio is a bit cheaper when compared to the industry. HAFC is cheaper than 65.37% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.60. HAFC is valued rather cheaply when compared to this.
HAFC is valuated reasonably with a Price/Forward Earnings ratio of 8.79.
HAFC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HAFC is cheaper than 77.26% of the companies in the same industry.
HAFC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.23 | ||
| Fwd PE | 8.79 |
4.2 Price Multiples
HAFC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HAFC is cheaper than 92.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.79 | ||
| 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.
A more expensive valuation may be justified as HAFC's earnings are expected to grow with 17.62% in the coming years.
PEG (NY)0.44
PEG (5Y)0.81
EPS Next 2Y22.08%
EPS Next 3Y17.62%
5. Dividend
5.1 Amount
HAFC has a Yearly Dividend Yield of 4.00%.
HAFC's Dividend Yield is rather good when compared to the industry average which is at 2.78. HAFC pays more dividend than 81.40% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, HAFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
5.2 History
The dividend of HAFC has a limited annual growth rate of 0.76%.
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)0.76%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
HAFC pays out 44.59% 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.
DP44.59%
EPS Next 2Y22.08%
EPS Next 3Y17.62%
26.85
-0.18 (-0.67%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners93.52%
Inst Owner Change0%
Ins Owners1.97%
Ins Owner Change-0.02%
Market Cap804.43M
Revenue(TTM)259.79M
Net Income(TTM)71.95M
Analysts80
Price Target31.62 (17.77%)
Short Float %2.46%
Short Ratio2.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
Yearly Dividend1
Dividend Growth(5Y)0.76%
DP44.59%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.81%
Min EPS beat(2)-19.61%
Max EPS beat(2)9.98%
EPS beat(4)2
Avg EPS beat(4)-0.3%
Min EPS beat(4)-19.61%
Max EPS beat(4)9.98%
EPS beat(8)4
Avg EPS beat(8)-0.83%
EPS beat(12)6
Avg EPS beat(12)-0.42%
EPS beat(16)10
Avg EPS beat(16)7.5%
Revenue beat(2)1
Avg Revenue beat(2)-0.21%
Min Revenue beat(2)-2.69%
Max Revenue beat(2)2.27%
Revenue beat(4)1
Avg Revenue beat(4)-1.63%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)2.27%
Revenue beat(8)1
Avg Revenue beat(8)-3.1%
Revenue beat(12)2
Avg Revenue beat(12)-2.99%
Revenue beat(16)4
Avg Revenue beat(16)-2.05%
PT rev (1m)1.22%
PT rev (3m)11.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.07%
EPS NY rev (1m)0%
EPS NY rev (3m)5.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.23 | ||
| Fwd PE | 8.79 | ||
| P/S | 3.1 | ||
| P/FCF | 4.79 | ||
| P/OCF | 4.73 | ||
| P/B | 1.03 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.39
EY8.9%
EPS(NY)3.06
Fwd EY11.38%
FCF(TTM)5.6
FCFY20.87%
OCF(TTM)5.68
OCFY21.15%
SpS8.67
BVpS26.02
TBVpS25.44
PEG (NY)0.44
PEG (5Y)0.81
Graham Number37.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.92% | ||
| ROE | 9.23% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.69% | ||
| GM | N/A | ||
| FCFM | 64.62% |
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-Score9
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.78 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 33.23% | ||
| Cap/Sales | 0.86% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 233.33% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC17.2%
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 Y25.61%
EPS Next 2Y22.08%
EPS Next 3Y17.62%
EPS Next 5YN/A
Revenue 1Y (TTM)11.32%
Revenue growth 3Y-0.18%
Revenue growth 5Y2.86%
Sales Q2Q%21.32%
Revenue Next Year15.05%
Revenue Next 2Y13.03%
Revenue Next 3Y11.2%
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 1Y14.9%
FCF growth 3Y-17.38%
FCF growth 5Y-2.14%
OCF growth 1Y16.11%
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 5 / 10 to HAFC.
What is the valuation status of HANMI FINANCIAL CORPORATION (HAFC) stock?
ChartMill assigns a valuation rating of 7 / 10 to HANMI FINANCIAL CORPORATION (HAFC). This can be considered as Undervalued.
How profitable is HANMI FINANCIAL CORPORATION (HAFC) stock?
HANMI FINANCIAL CORPORATION (HAFC) has a profitability rating of 4 / 10.
What is the earnings growth outlook for HANMI FINANCIAL CORPORATION?
The Earnings per Share (EPS) of HANMI FINANCIAL CORPORATION (HAFC) is expected to grow by 25.61% in the next year.
How sustainable is the dividend of HANMI FINANCIAL CORPORATION (HAFC) stock?
The dividend rating of HANMI FINANCIAL CORPORATION (HAFC) is 7 / 10 and the dividend payout ratio is 44.59%.