ORIGIN BANCORP INC (OBNK)
US68621T1025 - Common Stock
We assign a fundamental rating of 4 out of 10 to OBNK. OBNK was compared to 411 industry peers in the Banks industry. OBNK has a bad profitability rating. Also its financial health evaluation is rather negative. OBNK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
OBNK had positive earnings in the past year.
OBNK had a positive operating cash flow in the past year.
OBNK had positive earnings in each of the past 5 years.
OBNK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of OBNK (0.88%) is worse than 65.89% of its industry peers.
OBNK has a worse Return On Equity (9.20%) than 68.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 9.2% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
OBNK has a Profit Margin of 25.54%. This is in the lower half of the industry: OBNK underperforms 60.98% of its industry peers.
In the last couple of years the Profit Margin of OBNK has grown nicely.
The Operating Margin and Gross Margin are not available for OBNK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25.54% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.52%
PM growth 5Y33.83%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
OBNK does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for OBNK has been increased compared to 1 year ago.
Compared to 5 years ago, OBNK has more shares outstanding
OBNK has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of OBNK is 1.44, which is an excellent value as it means it would take OBNK, only 1.44 years of fcf income to pay off all of its debts.
OBNK has a Debt to FCF ratio of 1.44. This is in the better half of the industry: OBNK outperforms 61.45% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that OBNK is not too dependend on debt financing.
OBNK has a Debt to Equity ratio of 0.20. This is comparable to the rest of the industry: OBNK outperforms 42.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.52%
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 OBNK have decreased strongly by -26.71% in the last year.
OBNK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.43% yearly.
Looking at the last year, OBNK shows a very strong growth in Revenue. The Revenue has grown by 30.31%.
The Revenue has been growing by 15.83% on average over the past years. This is quite good.
EPS 1Y (TTM)-26.71%
EPS 3Y12.84%
EPS 5Y49.43%
EPS growth Q2Q-9.2%
Revenue 1Y (TTM)30.31%
Revenue growth 3Y14.73%
Revenue growth 5Y15.83%
Revenue growth Q2Q36.72%
3.2 Future
OBNK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.24% yearly.
OBNK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.84% yearly.
EPS Next Y7.7%
EPS Next 2Y3.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.25%
Revenue Next 2Y8.84%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
OBNK is valuated reasonably with a Price/Earnings ratio of 8.91.
Based on the Price/Earnings ratio, OBNK is valued a bit more expensive than the industry average as 64.95% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 25.20, OBNK is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.16, the valuation of OBNK can be described as very reasonable.
OBNK's Price/Forward Earnings is on the same level as the industry average.
OBNK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.91 | ||
| Fwd PE | 8.16 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OBNK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.07 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
OBNK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.16
PEG (5Y)0.18
EPS Next 2Y3.24%
EPS Next 3YN/A
5. Dividend
5.1 Amount
OBNK has a Yearly Dividend Yield of 2.10%.
In the last 3 months the price of OBNK has falen by -27.83%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
OBNK's Dividend Yield is slightly below the industry average, which is at 3.86.
Compared to an average S&P500 Dividend Yield of 2.44, OBNK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.1% |
5.2 History
The dividend of OBNK is nicely growing with an annual growth rate of 23.33%!
OBNK has been paying a dividend for over 5 years, so it has already some track record.
OBNK has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)23.33%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
19.06% of the earnings are spent on dividend by OBNK. This is a low number and sustainable payout ratio.
OBNK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP19.06%
EPS Next 2Y3.24%
EPS Next 3YN/A
ORIGIN BANCORP INC
NASDAQ:OBNK (5/19/2023, 7:00:02 PM)
After market: 28.61 0 (0%)28.61
-0.54 (-1.85%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap880.64M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.1% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.91 | ||
| Fwd PE | 8.16 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.16
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 9.2% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 25.54% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-26.71%
EPS 3Y12.84%
EPS 5Y
EPS growth Q2Q
EPS Next Y7.7%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)30.31%
Revenue growth 3Y14.73%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y