24.31 USD
+0.22 (+0.91%)
24.31 USD
0 (0%)
Taking everything into account, HFWA scores 5 out of 10 in our fundamental rating. HFWA was compared to 387 industry peers in the Banks industry. HFWA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. HFWA is not valued too expensively and it also shows a decent growth rate. Finally HFWA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year HFWA was profitable.
In the past year HFWA had a positive cash flow from operations.
HFWA had positive earnings in each of the past 5 years.
Each year in the past 5 years HFWA had a positive operating cash flow.
1.2 Ratios
HFWA's Return On Assets of 0.82% is in line compared to the rest of the industry. HFWA outperforms 42.89% of its industry peers.
HFWA has a worse Return On Equity (6.33%) than 69.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 6.33% | ||
| ROIC | N/A |
ROA(3y)0.88%
ROA(5y)0.93%
ROE(3y)7.5%
ROE(5y)7.93%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HFWA has a Profit Margin of 24.16%. This is comparable to the rest of the industry: HFWA outperforms 48.84% of its industry peers.
HFWA's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for HFWA so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.16% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-21.2%
PM growth 5Y-7.25%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HFWA does not have a ROIC to compare to the WACC, probably because it is not profitable.
HFWA has less shares outstanding than it did 1 year ago.
The number of shares outstanding for HFWA has been reduced compared to 5 years ago.
Compared to 1 year ago, HFWA has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of HFWA is 0.27, which is an excellent value as it means it would take HFWA, only 0.27 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.27, HFWA belongs to the top of the industry, outperforming 84.50% of the companies in the same industry.
HFWA has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HFWA (0.02) is better than 85.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.27 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.33%
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 impressive 52.78% over the past year.
The Earnings Per Share has been decreasing by -7.49% on average over the past years.
HFWA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.51%.
Measured over the past years, HFWA shows a decrease in Revenue. The Revenue has been decreasing by -1.36% on average per year.
EPS 1Y (TTM)52.78%
EPS 3Y-23.13%
EPS 5Y-7.49%
EPS Q2Q%66.67%
Revenue 1Y (TTM)12.51%
Revenue growth 3Y-3.38%
Revenue growth 5Y-1.36%
Sales Q2Q%33.1%
3.2 Future
The Earnings Per Share is expected to grow by 31.24% on average over the next years. This is a very strong growth
HFWA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.83% yearly.
EPS Next Y53.41%
EPS Next 2Y34.56%
EPS Next 3Y31.24%
EPS Next 5YN/A
Revenue Next Year8.91%
Revenue Next 2Y18.58%
Revenue Next 3Y12.83%
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
A Price/Earnings ratio of 14.73 indicates a correct valuation of HFWA.
HFWA's Price/Earnings ratio is a bit more expensive when compared to the industry. HFWA is more expensive than 64.60% of the companies in the same industry.
HFWA is valuated rather cheaply when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.83, which indicates a very decent valuation of HFWA.
HFWA's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of HFWA to the average of the S&P500 Index (23.79), we can say HFWA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.73 | ||
| Fwd PE | 10.83 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, HFWA is valued a bit cheaper than 66.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.92 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
HFWA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HFWA's earnings are expected to grow with 31.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y34.56%
EPS Next 3Y31.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.06%, HFWA is a good candidate for dividend investing.
HFWA's Dividend Yield is rather good when compared to the industry average which is at 2.78. HFWA pays more dividend than 82.69% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, HFWA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
5.2 History
The dividend of HFWA has a limited annual growth rate of 1.86%.
HFWA has paid a dividend for at least 10 years, which is a reliable track record.
HFWA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.86%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
56.54% of the earnings are spent on dividend by HFWA. This is a bit on the high side, but may be sustainable.
HFWA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP56.54%
EPS Next 2Y34.56%
EPS Next 3Y31.24%
24.31
+0.22 (+0.91%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners87.68%
Inst Owner Change0%
Ins Owners1.57%
Ins Owner Change0.46%
Market Cap825.57M
Revenue(TTM)236.84M
Net Income(TTM)57.22M
Analysts75
Price Target28.36 (16.66%)
Short Float %3.19%
Short Ratio5.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
Yearly Dividend0.92
Dividend Growth(5Y)1.86%
DP56.54%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.87%
Min EPS beat(2)-28.63%
Max EPS beat(2)-1.12%
EPS beat(4)0
Avg EPS beat(4)-17.34%
Min EPS beat(4)-28.63%
Max EPS beat(4)-1.12%
EPS beat(8)1
Avg EPS beat(8)-26.47%
EPS beat(12)2
Avg EPS beat(12)-16.97%
EPS beat(16)6
Avg EPS beat(16)-7.07%
Revenue beat(2)0
Avg Revenue beat(2)-7.03%
Min Revenue beat(2)-12.75%
Max Revenue beat(2)-1.3%
Revenue beat(4)0
Avg Revenue beat(4)-7.61%
Min Revenue beat(4)-12.75%
Max Revenue beat(4)-1.3%
Revenue beat(8)0
Avg Revenue beat(8)-13.92%
Revenue beat(12)0
Avg Revenue beat(12)-11.02%
Revenue beat(16)3
Avg Revenue beat(16)-7.86%
PT rev (1m)0%
PT rev (3m)-2.11%
EPS NQ rev (1m)0.36%
EPS NQ rev (3m)2.05%
EPS NY rev (1m)0%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)1.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.73 | ||
| Fwd PE | 10.83 | ||
| P/S | 3.49 | ||
| P/FCF | 9.92 | ||
| P/OCF | 9.44 | ||
| P/B | 0.91 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.65
EY6.79%
EPS(NY)2.25
Fwd EY9.24%
FCF(TTM)2.45
FCFY10.08%
OCF(TTM)2.58
OCFY10.59%
SpS6.97
BVpS26.62
TBVpS19.46
PEG (NY)0.28
PEG (5Y)N/A
Graham Number31.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 6.33% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.16% | ||
| GM | N/A | ||
| FCFM | 35.13% |
ROA(3y)0.88%
ROA(5y)0.93%
ROE(3y)7.5%
ROE(5y)7.93%
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-21.2%
PM growth 5Y-7.25%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.27 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 329.97% | ||
| Cap/Sales | 1.79% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 145.4% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC7.33%
ROIC/WACCN/A
Cap/Depr(3y)261.13%
Cap/Depr(5y)215.76%
Cap/Sales(3y)2.49%
Cap/Sales(5y)2.33%
Profit Quality(3y)137.35%
Profit Quality(5y)123.16%
High Growth Momentum
Growth
EPS 1Y (TTM)52.78%
EPS 3Y-23.13%
EPS 5Y-7.49%
EPS Q2Q%66.67%
EPS Next Y53.41%
EPS Next 2Y34.56%
EPS Next 3Y31.24%
EPS Next 5YN/A
Revenue 1Y (TTM)12.51%
Revenue growth 3Y-3.38%
Revenue growth 5Y-1.36%
Sales Q2Q%33.1%
Revenue Next Year8.91%
Revenue Next 2Y18.58%
Revenue Next 3Y12.83%
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-16.47%
FCF growth 3Y-2.83%
FCF growth 5Y-5.14%
OCF growth 1Y-20.91%
OCF growth 3Y-2.48%
OCF growth 5Y-6.96%
HERITAGE FINANCIAL CORP / HFWA FAQ
What is the fundamental rating for HFWA stock?
ChartMill assigns a fundamental rating of 5 / 10 to HFWA.
What is the valuation status for HFWA stock?
ChartMill assigns a valuation rating of 5 / 10 to HERITAGE FINANCIAL CORP (HFWA). This can be considered as Fairly Valued.
Can you provide the profitability details for HERITAGE FINANCIAL CORP?
HERITAGE FINANCIAL CORP (HFWA) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for HFWA stock?
The Price/Earnings (PE) ratio for HERITAGE FINANCIAL CORP (HFWA) is 14.73 and the Price/Book (PB) ratio is 0.91.
Is the dividend of HERITAGE FINANCIAL CORP sustainable?
The dividend rating of HERITAGE FINANCIAL CORP (HFWA) is 8 / 10 and the dividend payout ratio is 56.54%.