OCEANFIRST FINANCIAL CORP (OCFC) Stock Fundamental Analysis
USA - NASDAQ:OCFC - US6752341080 - Common Stock
18.69 USD
+0.5 (+2.75%)
18.69 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to OCFC. OCFC was compared to 391 industry peers in the Banks industry. OCFC has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, OCFC is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
OCFC had positive earnings in the past year.
In the past year OCFC had a positive cash flow from operations.
Each year in the past 5 years OCFC has been profitable.
In the past 5 years OCFC always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.61%, OCFC is not doing good in the industry: 69.31% of the companies in the same industry are doing better.
The Return On Equity of OCFC (4.97%) is worse than 75.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 4.97% | ||
| ROIC | N/A |
ROA(3y)0.85%
ROA(5y)0.8%
ROE(3y)6.89%
ROE(5y)6.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 20.97%, OCFC is not doing good in the industry: 61.38% of the companies in the same industry are doing better.
OCFC's Profit Margin has declined in the last couple of years.
OCFC 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) | 20.97% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.59%
PM growth 5Y-3.4%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
OCFC does not have a ROIC to compare to the WACC, probably because it is not profitable.
OCFC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, OCFC has more shares outstanding
The debt/assets ratio for OCFC has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of OCFC is 6.00, which is a neutral value as it means it would take OCFC, 6.00 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of OCFC (6.00) is worse than 71.36% of its industry peers.
OCFC has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
OCFC has a Debt to Equity ratio (0.16) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 6 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.57%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
OCFC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.17%.
Measured over the past years, OCFC shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.02% on average per year.
The Revenue has decreased by -4.74% in the past year.
The Revenue has been growing slightly by 5.20% on average over the past years.
EPS 1Y (TTM)-16.17%
EPS 3Y-4.9%
EPS 5Y-5.02%
EPS Q2Q%-7.69%
Revenue 1Y (TTM)-4.74%
Revenue growth 3Y2.46%
Revenue growth 5Y5.2%
Sales Q2Q%25.23%
3.2 Future
The Earnings Per Share is expected to grow by 11.79% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.88% on average over the next years. This is quite good.
EPS Next Y-11.62%
EPS Next 2Y8.23%
EPS Next 3Y11.79%
EPS Next 5YN/A
Revenue Next Year5.5%
Revenue Next 2Y8.23%
Revenue Next 3Y8.88%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
OCFC is valuated correctly with a Price/Earnings ratio of 13.35.
OCFC's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.91. OCFC is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.97, the valuation of OCFC can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as OCFC.
When comparing the Price/Forward Earnings ratio of OCFC to the average of the S&P500 Index (22.92), we can say OCFC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.35 | ||
| Fwd PE | 9.97 |
4.2 Price Multiples
OCFC's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. OCFC is more expensive than 74.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.8 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.23%
EPS Next 3Y11.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.14%, OCFC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.53, OCFC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, OCFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
5.2 History
The dividend of OCFC has a limited annual growth rate of 4.32%.
OCFC has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of OCFC decreased in the last 3 years.
Dividend Growth(5Y)4.32%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
OCFC pays out 62.00% of its income as dividend. This is not a sustainable payout ratio.
The dividend of OCFC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62%
EPS Next 2Y8.23%
EPS Next 3Y11.79%
18.69
+0.5 (+2.75%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners78.59%
Inst Owner Change-0.09%
Ins Owners3.27%
Ins Owner Change-0.46%
Market Cap1.07B
Revenue(TTM)384.22M
Net Income(TTM)81.72M
Analysts80
Price Target20.74 (10.97%)
Short Float %1.48%
Short Ratio2.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
Yearly Dividend0.86
Dividend Growth(5Y)4.32%
DP62%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.13%
Min EPS beat(2)-8.78%
Max EPS beat(2)-1.48%
EPS beat(4)2
Avg EPS beat(4)-1.87%
Min EPS beat(4)-8.78%
Max EPS beat(4)2.63%
EPS beat(8)4
Avg EPS beat(8)-2.5%
EPS beat(12)5
Avg EPS beat(12)-3.19%
EPS beat(16)9
Avg EPS beat(16)-0.82%
Revenue beat(2)1
Avg Revenue beat(2)-2.4%
Min Revenue beat(2)-6.02%
Max Revenue beat(2)1.21%
Revenue beat(4)1
Avg Revenue beat(4)-2.99%
Min Revenue beat(4)-6.02%
Max Revenue beat(4)1.21%
Revenue beat(8)1
Avg Revenue beat(8)-3.48%
Revenue beat(12)3
Avg Revenue beat(12)0.24%
Revenue beat(16)7
Avg Revenue beat(16)2.56%
PT rev (1m)0.21%
PT rev (3m)0.21%
EPS NQ rev (1m)2.76%
EPS NQ rev (3m)-6.23%
EPS NY rev (1m)0.9%
EPS NY rev (3m)-5.74%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-0.78%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.35 | ||
| Fwd PE | 9.97 | ||
| P/S | 2.75 | ||
| P/FCF | 24.8 | ||
| P/OCF | 21.8 | ||
| P/B | 0.65 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.4
EY7.49%
EPS(NY)1.87
Fwd EY10.03%
FCF(TTM)0.75
FCFY4.03%
OCF(TTM)0.86
OCFY4.59%
SpS6.79
BVpS28.63
TBVpS19.32
PEG (NY)N/A
PEG (5Y)N/A
Graham Number30.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 4.97% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 20.97% | ||
| GM | N/A | ||
| FCFM | 11.1% |
ROA(3y)0.85%
ROA(5y)0.8%
ROE(3y)6.89%
ROE(5y)6.36%
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-5.59%
PM growth 5Y-3.4%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 6 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 42.03% | ||
| Cap/Sales | 1.53% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 52.93% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC15.57%
ROIC/WACCN/A
Cap/Depr(3y)75.23%
Cap/Depr(5y)121.38%
Cap/Sales(3y)2.89%
Cap/Sales(5y)4.84%
Profit Quality(3y)121.9%
Profit Quality(5y)133.95%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.17%
EPS 3Y-4.9%
EPS 5Y-5.02%
EPS Q2Q%-7.69%
EPS Next Y-11.62%
EPS Next 2Y8.23%
EPS Next 3Y11.79%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.74%
Revenue growth 3Y2.46%
Revenue growth 5Y5.2%
Sales Q2Q%25.23%
Revenue Next Year5.5%
Revenue Next 2Y8.23%
Revenue Next 3Y8.88%
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-79.06%
FCF growth 3Y-10.47%
FCF growth 5Y-2.3%
OCF growth 1Y-77.68%
OCF growth 3Y-16.77%
OCF growth 5Y-1.64%
OCEANFIRST FINANCIAL CORP / OCFC FAQ
Can you provide the ChartMill fundamental rating for OCEANFIRST FINANCIAL CORP?
ChartMill assigns a fundamental rating of 3 / 10 to OCFC.
What is the valuation status for OCFC stock?
ChartMill assigns a valuation rating of 3 / 10 to OCEANFIRST FINANCIAL CORP (OCFC). This can be considered as Overvalued.
What is the profitability of OCFC stock?
OCEANFIRST FINANCIAL CORP (OCFC) has a profitability rating of 2 / 10.
Can you provide the PE and PB ratios for OCFC stock?
The Price/Earnings (PE) ratio for OCEANFIRST FINANCIAL CORP (OCFC) is 13.35 and the Price/Book (PB) ratio is 0.65.
How financially healthy is OCEANFIRST FINANCIAL CORP?
The financial health rating of OCEANFIRST FINANCIAL CORP (OCFC) is 2 / 10.