ORIGIN BANCORP INC (OBNK) Fundamental Analysis & Valuation

NASDAQ:OBNK • US68621T1025

28.61 USD
-0.54 (-1.85%)
At close: May 19, 2023
28.61 USD
0 (0%)
After Hours: 5/19/2023, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This OBNK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Overall OBNK gets a fundamental rating of 3 out of 10. We evaluated OBNK against 381 industry peers in the Banks industry. Both the profitability and financial health of OBNK have multiple concerns. OBNK has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

1

1. OBNK Profitability Analysis

1.1 Basic Checks

  • OBNK had positive earnings in the past year.
  • OBNK had a positive operating cash flow in the past year.
OBNK Yearly Net Income VS EBIT VS OCF VS FCFOBNK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 0 50M 100M 150M

1.2 Ratios

  • OBNK's Return On Assets of 0.88% is on the low side compared to the rest of the industry. OBNK is outperformed by 65.89% of its industry peers.
  • With a Return On Equity value of 9.20%, OBNK is not doing good in the industry: 68.69% of the companies in the same industry are doing better.
Industry RankSector 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
OBNK Yearly ROA, ROE, ROICOBNK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 5 10

1.3 Margins

  • With a Profit Margin value of 25.54%, OBNK is not doing good in the industry: 60.98% of the companies in the same industry are doing better.
  • In the last couple of years the Profit Margin of OBNK has grown nicely.
  • OBNK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector 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
OBNK Yearly Profit, Operating, Gross MarginsOBNK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. OBNK Health Analysis

2.1 Basic Checks

  • OBNK does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, OBNK has more shares outstanding
  • Compared to 1 year ago, OBNK has an improved debt to assets ratio.
OBNK Yearly Shares OutstandingOBNK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M
OBNK Yearly Total Debt VS Total AssetsOBNK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2B 4B 6B 8B

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.
  • The Debt to FCF ratio of OBNK (1.44) is better than 61.45% of its industry peers.
  • OBNK has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of OBNK (0.20) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 1.44
Altman-Z N/A
ROIC/WACCN/A
WACC7.52%
OBNK Yearly LT Debt VS Equity VS FCFOBNK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 0 200M 400M 600M 800M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
OBNK Yearly Current Assets VS Current LiabilitesOBNK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 50M 100M 150M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. OBNK Growth Analysis

3.1 Past

  • The earnings per share for OBNK have decreased strongly by -26.71% in the last year.
  • The Earnings Per Share has been growing by 49.43% on average over the past years. This is a very strong growth
  • The Revenue has grown by 30.31% in the past year. This is a very strong growth!
  • 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 Q2Q%-9.2%
Revenue 1Y (TTM)30.31%
Revenue growth 3Y14.73%
Revenue growth 5Y15.83%
Sales Q2Q%36.72%

3.2 Future

  • Based on estimates for the next years, OBNK will show a small growth in Earnings Per Share. The EPS will grow by 3.24% on average per year.
  • Based on estimates for the next years, OBNK will show a quite strong growth in Revenue. The Revenue will grow by 8.84% on average per year.
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.
OBNK Yearly Revenue VS EstimatesOBNK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
OBNK Yearly EPS VS EstimatesOBNK Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

4

4. OBNK Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 8.91, the valuation of OBNK can be described as reasonable.
  • OBNK's Price/Earnings ratio is a bit more expensive when compared to the industry. OBNK is more expensive than 64.95% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of OBNK to the average of the S&P500 Index (26.29), we can say OBNK is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 8.16, the valuation of OBNK can be described as very reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of OBNK is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.60, OBNK is valued rather cheaply.
Industry RankSector Rank
PE 8.91
Fwd PE 8.16
OBNK Price Earnings VS Forward Price EarningsOBNK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Price/Free Cash Flow ratio as OBNK.
Industry RankSector Rank
P/FCF 6.07
EV/EBITDA N/A
OBNK Per share dataOBNK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The 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

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. OBNK Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.10%, OBNK has a reasonable but not impressive dividend return.
  • 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.
  • Compared to an average industry Dividend Yield of 2.86, OBNK is paying slightly less dividend.
  • OBNK's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector 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
OBNK Yearly Dividends per shareOBNK Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 0.1 0.2 0.3 0.4 0.5

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
OBNK Yearly Income VS Free CF VS DividendOBNK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 0 50M 100M 150M
OBNK Dividend Payout.OBNK Dividend Payout, showing the Payout Ratio.OBNK Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

OBNK Fundamentals: All Metrics, Ratios and Statistics

ORIGIN BANCORP INC

NASDAQ:OBNK (5/19/2023, 8:00:02 PM)

After market: 28.61 0 (0%)

28.61

-0.54 (-1.85%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-26
Earnings (Next)07-25
Inst Owners57.59%
Inst Owner Change-1.72%
Ins Owners0.66%
Ins Owner Change0%
Market Cap880.64M
Revenue(TTM)357.68M
Net Income(TTM)91.33M
Analysts81.82
Price Target35.09 (22.65%)
Short Float %0%
Short Ratio0
Dividend
Industry RankSector Rank
Dividend Yield 2.1%
Yearly Dividend0.58
Dividend Growth(5Y)23.33%
DP19.06%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.31%
Min EPS beat(2)-15.08%
Max EPS beat(2)-5.54%
EPS beat(4)2
Avg EPS beat(4)-4.01%
Min EPS beat(4)-15.08%
Max EPS beat(4)2.6%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.94%
Min Revenue beat(2)-6.19%
Max Revenue beat(2)-5.69%
Revenue beat(4)1
Avg Revenue beat(4)-2.74%
Min Revenue beat(4)-6.19%
Max Revenue beat(4)1.71%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-10.65%
PT rev (3m)-24.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-10.63%
Valuation
Industry RankSector Rank
PE 8.91
Fwd PE 8.16
P/S 2.46
P/FCF 6.07
P/OCF 5.57
P/B 0.89
P/tB 1.1
EV/EBITDA N/A
EPS(TTM)3.21
EY11.22%
EPS(NY)3.51
Fwd EY12.26%
FCF(TTM)4.71
FCFY16.47%
OCF(TTM)5.14
OCFY17.96%
SpS11.62
BVpS32.25
TBVpS25.94
PEG (NY)1.16
PEG (5Y)0.18
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 0.88%
ROE 9.2%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 25.54%
GM N/A
FCFM 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
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 3Y2.52%
PM growth 5Y33.83%
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 1.44
Debt/EBITDA N/A
Cap/Depr 88.61%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 158.84%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-ScoreN/A
WACC7.52%
ROIC/WACCN/A
Cap/Depr(3y)82.23%
Cap/Depr(5y)101.41%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.71%
EPS 3Y12.84%
EPS 5Y49.43%
EPS Q2Q%-9.2%
EPS Next Y7.7%
EPS Next 2Y3.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)30.31%
Revenue growth 3Y14.73%
Revenue growth 5Y15.83%
Sales Q2Q%36.72%
Revenue Next Year15.25%
Revenue Next 2Y8.84%
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 1Y152.3%
FCF growth 3Y39.62%
FCF growth 5Y18.38%
OCF growth 1Y145.92%
OCF growth 3Y33.22%
OCF growth 5Y18.63%

ORIGIN BANCORP INC / OBNK FAQ

What is the fundamental rating for OBNK stock?

ChartMill assigns a fundamental rating of 2 / 10 to OBNK.


What is the valuation status for OBNK stock?

ChartMill assigns a valuation rating of 5 / 10 to ORIGIN BANCORP INC (OBNK). This can be considered as Fairly Valued.


What is the profitability of OBNK stock?

ORIGIN BANCORP INC (OBNK) has a profitability rating of 0 / 10.


Can you provide the PE and PB ratios for OBNK stock?

The Price/Earnings (PE) ratio for ORIGIN BANCORP INC (OBNK) is 8.91 and the Price/Book (PB) ratio is 0.89.


Can you provide the expected EPS growth for OBNK stock?

The Earnings per Share (EPS) of ORIGIN BANCORP INC (OBNK) is expected to grow by 7.7% in the next year.