HANMI FINANCIAL CORPORATION (HAFC) Stock Fundamental Analysis
USA - NASDAQ:HAFC - US4104952043 - Common Stock
27.05 USD
+1.02 (+3.92%)
27.05 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. There are concerns on the financial health of HAFC while its profitability can be described as average. HAFC has a decent growth rate and is not valued too expensively. 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.
HAFC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HAFC has a Return On Assets (0.82%) which is comparable to the rest of the industry.
HAFC has a Return On Equity of 8.50%. This is comparable to the rest of the industry: HAFC outperforms 51.41% of its industry peers.
| 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
Looking at the Profit Margin, with a value of 26.21%, HAFC is in the better half of the industry, outperforming 64.71% of the companies in the same industry.
HAFC's Profit Margin has improved in the last couple of years.
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.
The number of shares outstanding for HAFC has been reduced compared to 1 year ago.
HAFC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for HAFC has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of HAFC is 4.87, which is a neutral value as it means it would take HAFC, 4.87 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.87, HAFC is doing worse than 67.52% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that HAFC is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.17, HAFC is in line with its industry, outperforming 51.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 4.87 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.08%
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.
The Earnings Per Share has been growing by 13.89% on average over the past years. This is quite good.
HAFC shows a decrease in Revenue. In the last year, the revenue decreased by -8.26%.
HAFC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.86% yearly.
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.
The Revenue is expected to grow by 10.28% on average over the next years. This is quite good.
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.
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 11.32, which indicates a very decent valuation of HAFC.
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 26.89, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.47, which indicates a very decent valuation of HAFC.
HAFC's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, HAFC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.32 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
77.75% of the companies in the same industry are cheaper than HAFC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.33 | ||
| 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
With a Yearly Dividend Yield of 4.15%, HAFC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.53, HAFC pays a bit more dividend than its industry peers.
HAFC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
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 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%
27.05
+1.02 (+3.92%)
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 Cap815.02M
Revenue(TTM)234.36M
Net Income(TTM)64.82M
Analysts80
Price Target28.31 (4.66%)
Short Float %1.35%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
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 | 11.32 | ||
| Fwd PE | 9.47 | ||
| P/S | 3.3 | ||
| P/FCF | 30.33 | ||
| P/OCF | 28.33 | ||
| P/B | 1.07 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.39
EY8.84%
EPS(NY)2.85
Fwd EY10.55%
FCF(TTM)0.89
FCFY3.3%
OCF(TTM)0.95
OCFY3.53%
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
WACC17.08%
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.