LIVE OAK BANCSHARES INC (LOB) Stock Fundamental Analysis
NYSE:LOB - New York Stock Exchange, Inc. - US53803X1054 - Common Stock - Currency: USD
LOB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 395 industry peers in the Banks industry. LOB has a bad profitability rating. Also its financial health evaluation is rather negative. LOB is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year LOB was profitable.
LOB had a positive operating cash flow in the past year.
In the past 5 years LOB has always been profitable.
In multiple years LOB reported negative operating cash flow during the last 5 years.
1.2 Ratios
LOB has a worse Return On Assets (0.60%) than 67.59% of its industry peers.
LOB has a Return On Equity of 7.75%. This is comparable to the rest of the industry: LOB outperforms 45.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.6% | ||
| ROE | 7.75% | ||
| 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
With a Profit Margin value of 15.50%, LOB is not doing good in the industry: 75.44% of the companies in the same industry are doing better.
LOB's Profit Margin has improved in the last couple of years.
LOB 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) | 15.5% | ||
| 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.
Compared to 1 year ago, LOB has more shares outstanding
LOB has more shares outstanding than it did 5 years ago.
LOB has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of LOB is 0.23, which is an excellent value as it means it would take LOB, only 0.23 years of fcf income to pay off all of its debts.
LOB's Debt to FCF ratio of 0.23 is amongst the best of the industry. LOB outperforms 87.09% of its industry peers.
LOB has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
LOB's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. LOB outperforms 68.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.23 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC36.3%
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 strongly by -34.67% in the last year.
Measured over the past years, LOB shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.65% on average per year.
The Revenue has grown by 8.03% in the past year. This is quite good.
The Revenue has been growing by 19.67% on average over the past years. This is quite good.
EPS 1Y (TTM)-34.67%
EPS 3Y-26.89%
EPS 5Y26.65%
EPS Q2Q%-41.67%
Revenue 1Y (TTM)8.03%
Revenue growth 3Y3.02%
Revenue growth 5Y19.67%
Sales Q2Q%8.52%
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 55.76% on average per year.
LOB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.42% yearly.
EPS Next Y62.96%
EPS Next 2Y55.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.26%
Revenue Next 2Y15.42%
Revenue Next 3YN/A
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.30, the valuation of LOB can be described as rather expensive.
Based on the Price/Earnings ratio, LOB is valued expensively inside the industry as 82.03% of the companies are valued cheaper.
Compared to an average S&P500 Price/Earnings ratio of 24.95, LOB is valued at the same level.
LOB is valuated reasonably with a Price/Forward Earnings ratio of 8.24.
Based on the Price/Forward Earnings ratio, LOB is valued cheaply inside the industry as 81.01% of the companies are valued more expensively.
LOB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.3 | ||
| Fwd PE | 8.24 |
4.2 Price Multiples
97.22% of the companies in the same industry are more expensive than LOB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.71 | ||
| 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.
LOB's earnings are expected to grow with 55.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)0.84
EPS Next 2Y55.76%
EPS Next 3YN/A
5. Dividend
5.1 Amount
LOB has a yearly dividend return of 0.45%, which is pretty low.
With a Dividend Yield of 0.45, LOB pays less dividend than the industry average, which is at 3.42. 86.08% of the companies listed in the same industry pay a better dividend than LOB!
Compared to an average S&P500 Dividend Yield of 2.41, LOB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
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 Years8
5.3 Sustainability
LOB pays out 6.98% of its income as dividend. This is a sustainable payout ratio.
The dividend of LOB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP6.98%
EPS Next 2Y55.76%
EPS Next 3YN/A
28.99
+0.42 (+1.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners72.84%
Inst Owner Change-0.12%
Ins Owners19.86%
Ins Owner Change2.71%
Market Cap1.32B
Analysts48
Price Target32.13 (10.83%)
Short Float %5.17%
Short Ratio4.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
Yearly Dividend0.12
Dividend Growth(5Y)0.13%
DP6.98%
Div Incr Years0
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-54.99%
Min EPS beat(2)-59.96%
Max EPS beat(2)-50.02%
EPS beat(4)1
Avg EPS beat(4)-26.86%
Min EPS beat(4)-59.96%
Max EPS beat(4)26.3%
EPS beat(8)3
Avg EPS beat(8)-14.78%
EPS beat(12)5
Avg EPS beat(12)-21.66%
EPS beat(16)8
Avg EPS beat(16)-3.86%
Revenue beat(2)2
Avg Revenue beat(2)3.36%
Min Revenue beat(2)2.67%
Max Revenue beat(2)4.06%
Revenue beat(4)3
Avg Revenue beat(4)2.2%
Min Revenue beat(4)-1.38%
Max Revenue beat(4)4.06%
Revenue beat(8)6
Avg Revenue beat(8)2.05%
Revenue beat(12)9
Avg Revenue beat(12)12.8%
Revenue beat(16)13
Avg Revenue beat(16)14.33%
PT rev (1m)-14.86%
PT rev (3m)-23.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.97%
EPS NY rev (1m)-3.01%
EPS NY rev (3m)-3.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)4.87%
Revenue NY rev (3m)4.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.3 | ||
| Fwd PE | 8.24 | ||
| P/S | 2.64 | ||
| P/FCF | 2.71 | ||
| P/OCF | 2.46 | ||
| P/B | 1.32 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.3
EY4.48%
EPS(NY)3.52
Fwd EY12.13%
FCF(TTM)10.69
FCFY36.86%
OCF(TTM)11.77
OCFY40.59%
SpS10.96
BVpS21.91
TBVpS20.68
PEG (NY)0.35
PEG (5Y)0.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.6% | ||
| ROE | 7.75% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 15.5% | ||
| GM | N/A | ||
| FCFM | 97.49% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score3
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.23 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 211.78% | ||
| Cap/Sales | 9.87% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 628.81% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score3
WACC36.3%
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)-34.67%
EPS 3Y-26.89%
EPS 5Y26.65%
EPS Q2Q%-41.67%
EPS Next Y62.96%
EPS Next 2Y55.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.03%
Revenue growth 3Y3.02%
Revenue growth 5Y19.67%
Sales Q2Q%8.52%
Revenue Next Year20.26%
Revenue Next 2Y15.42%
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-15.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-13.48%
OCF growth 3YN/A
OCF growth 5YN/A