LIVE OAK BANCSHARES INC (LOB) Stock Fundamental Analysis
USA - NYSE:LOB - US53803X1054 - Common Stock
31.29 USD
-0.8 (-2.49%)
31.29 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to LOB. LOB was compared to 388 industry peers in the Banks industry. Both the profitability and financial health of LOB have multiple concerns. LOB is not overvalued while it is showing excellent growth. This is an interesting combination. LOB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year LOB was profitable.
In the past year LOB had a positive cash flow from operations.
Each year in the past 5 years LOB has been profitable.
The reported operating cash flow has been mixed in the past 5 years: LOB reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of LOB (0.41%) is worse than 80.67% of its industry peers.
With a Return On Equity value of 5.28%, LOB is not doing good in the industry: 75.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.41% | ||
| ROE | 5.28% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)1.17%
ROE(3y)12.56%
ROE(5y)14.3%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LOB has a Profit Margin of 10.62%. This is amonst the worse of the industry: LOB underperforms 82.22% of its industry peers.
In the last couple of years the Profit Margin of LOB has grown nicely.
The Operating Margin and Gross Margin are not available for LOB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 10.62% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-24.86%
PM growth 5Y11.89%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
LOB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for LOB has been increased compared to 1 year ago.
LOB has more shares outstanding than it did 5 years ago.
LOB has a worse debt/assets ratio than last year.
2.2 Solvency
LOB has a debt to FCF ratio of 0.16. This is a very positive value and a sign of high solvency as it would only need 0.16 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.16, LOB belongs to the top of the industry, outperforming 86.60% of the companies in the same industry.
A Debt/Equity ratio of 0.10 indicates that LOB is not too dependend on debt financing.
LOB has a Debt to Equity ratio of 0.10. This is in the better half of the industry: LOB outperforms 69.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC33.41%
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 LOB have decreased by -6.29% in the last year.
The Earnings Per Share has been growing by 26.65% on average over the past years. This is a very strong growth
Looking at the last year, LOB shows a quite strong growth in Revenue. The Revenue has grown by 10.73% in the last year.
The Revenue has been growing by 19.67% on average over the past years. This is quite good.
EPS 1Y (TTM)-6.29%
EPS 3Y-26.89%
EPS 5Y26.65%
EPS Q2Q%96.43%
Revenue 1Y (TTM)10.73%
Revenue growth 3Y3.02%
Revenue growth 5Y19.67%
Sales Q2Q%12.44%
3.2 Future
Based on estimates for the next years, LOB will show a very strong growth in Earnings Per Share. The EPS will grow by 41.81% on average per year.
LOB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.77% yearly.
EPS Next Y51.15%
EPS Next 2Y48.53%
EPS Next 3Y41.81%
EPS Next 5YN/A
Revenue Next Year22.85%
Revenue Next 2Y19.48%
Revenue Next 3Y17.77%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
LOB is valuated rather expensively with a Price/Earnings ratio of 21.00.
LOB's Price/Earnings ratio is rather expensive when compared to the industry. LOB is more expensive than 82.47% of the companies in the same industry.
LOB is valuated rather cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
LOB is valuated reasonably with a Price/Forward Earnings ratio of 9.78.
The rest of the industry has a similar Price/Forward Earnings ratio as LOB.
LOB is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.43, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21 | ||
| Fwd PE | 9.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LOB indicates a rather cheap valuation: LOB is cheaper than 97.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.17 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
LOB'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 LOB's earnings are expected to grow with 41.81% in the coming years.
PEG (NY)0.41
PEG (5Y)0.79
EPS Next 2Y48.53%
EPS Next 3Y41.81%
5. Dividend
5.1 Amount
LOB has a Yearly Dividend Yield of 3.74%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.38, LOB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, LOB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
5.2 History
The dividend of LOB has a limited annual growth rate of 0.13%.
LOB has been paying a dividend for at least 10 years, so it has a reliable track record.
LOB has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.13%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
9.71% of the earnings are spent on dividend by LOB. This is a low number and sustainable payout ratio.
The dividend of LOB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP9.71%
EPS Next 2Y48.53%
EPS Next 3Y41.81%
31.29
-0.8 (-2.49%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners68.43%
Inst Owner Change-0.21%
Ins Owners19.7%
Ins Owner Change2.44%
Market Cap1.43B
Revenue(TTM)544.03M
Net Income(TTM)56.07M
Analysts73.33
Price Target43.35 (38.54%)
Short Float %4.63%
Short Ratio5.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
Yearly Dividend0.12
Dividend Growth(5Y)0.13%
DP9.71%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-22.19%
Min EPS beat(2)-39.65%
Max EPS beat(2)-4.73%
EPS beat(4)0
Avg EPS beat(4)-38.59%
Min EPS beat(4)-59.96%
Max EPS beat(4)-4.73%
EPS beat(8)2
Avg EPS beat(8)-11.02%
EPS beat(12)4
Avg EPS beat(12)-18.21%
EPS beat(16)6
Avg EPS beat(16)-18.46%
Revenue beat(2)2
Avg Revenue beat(2)6.32%
Min Revenue beat(2)2.68%
Max Revenue beat(2)9.96%
Revenue beat(4)4
Avg Revenue beat(4)4.84%
Min Revenue beat(4)2.67%
Max Revenue beat(4)9.96%
Revenue beat(8)7
Avg Revenue beat(8)4.33%
Revenue beat(12)9
Avg Revenue beat(12)4.42%
Revenue beat(16)13
Avg Revenue beat(16)11.06%
PT rev (1m)1.19%
PT rev (3m)21.43%
EPS NQ rev (1m)-3.03%
EPS NQ rev (3m)-6.56%
EPS NY rev (1m)0.46%
EPS NY rev (3m)2.6%
Revenue NQ rev (1m)0.42%
Revenue NQ rev (3m)2.8%
Revenue NY rev (1m)0.7%
Revenue NY rev (3m)0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21 | ||
| Fwd PE | 9.78 | ||
| P/S | 2.71 | ||
| P/FCF | 2.17 | ||
| P/OCF | 2.12 | ||
| P/B | 1.35 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.49
EY4.76%
EPS(NY)3.2
Fwd EY10.22%
FCF(TTM)14.45
FCFY46.17%
OCF(TTM)14.76
OCFY47.16%
SpS11.54
BVpS23.24
TBVpS21.92
PEG (NY)0.41
PEG (5Y)0.79
Graham Number27.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.41% | ||
| ROE | 5.28% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 10.62% | ||
| GM | N/A | ||
| FCFM | 125.17% |
ROA(3y)1.01%
ROA(5y)1.17%
ROE(3y)12.56%
ROE(5y)14.3%
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-24.86%
PM growth 5Y11.89%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.16 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 52.94% | ||
| Cap/Sales | 2.68% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 1178.35% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC33.41%
ROIC/WACCN/A
Cap/Depr(3y)214.19%
Cap/Depr(5y)150.76%
Cap/Sales(3y)9.29%
Cap/Sales(5y)7.2%
Profit Quality(3y)483.44%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.29%
EPS 3Y-26.89%
EPS 5Y26.65%
EPS Q2Q%96.43%
EPS Next Y51.15%
EPS Next 2Y48.53%
EPS Next 3Y41.81%
EPS Next 5YN/A
Revenue 1Y (TTM)10.73%
Revenue growth 3Y3.02%
Revenue growth 5Y19.67%
Sales Q2Q%12.44%
Revenue Next Year22.85%
Revenue Next 2Y19.48%
Revenue Next 3Y17.77%
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 1Y113.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y97.5%
OCF growth 3YN/A
OCF growth 5YN/A
LIVE OAK BANCSHARES INC / LOB FAQ
What is the ChartMill fundamental rating of LIVE OAK BANCSHARES INC (LOB) stock?
ChartMill assigns a fundamental rating of 4 / 10 to LOB.
What is the valuation status for LOB stock?
ChartMill assigns a valuation rating of 5 / 10 to LIVE OAK BANCSHARES INC (LOB). This can be considered as Fairly Valued.
Can you provide the profitability details for LIVE OAK BANCSHARES INC?
LIVE OAK BANCSHARES INC (LOB) has a profitability rating of 2 / 10.
Can you provide the PE and PB ratios for LOB stock?
The Price/Earnings (PE) ratio for LIVE OAK BANCSHARES INC (LOB) is 21 and the Price/Book (PB) ratio is 1.35.
Can you provide the expected EPS growth for LOB stock?
The Earnings per Share (EPS) of LIVE OAK BANCSHARES INC (LOB) is expected to grow by 51.15% in the next year.