OFG BANCORP (OFG) Stock Fundamental Analysis
USA - NYSE:OFG - PR67103X1020 - Common Stock
44.28 USD
-0.56 (-1.25%)
44.82 USD
+0.54 (+1.22%)
Taking everything into account, OFG scores 5 out of 10 in our fundamental rating. OFG was compared to 392 industry peers in the Banks industry. OFG has only an average score on both its financial health and profitability. OFG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
OFG had positive earnings in the past year.
OFG had a positive operating cash flow in the past year.
OFG had positive earnings in each of the past 5 years.
Each year in the past 5 years OFG had a positive operating cash flow.
1.2 Ratios
OFG has a better Return On Assets (1.59%) than 91.33% of its industry peers.
The Return On Equity of OFG (14.59%) is better than 92.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.59% | ||
| ROE | 14.59% | ||
| ROIC | N/A |
ROA(3y)1.67%
ROA(5y)1.43%
ROE(3y)15.66%
ROE(5y)13.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
OFG has a better Profit Margin (27.11%) than 69.39% of its industry peers.
In the last couple of years the Profit Margin of OFG has grown nicely.
The Operating Margin and Gross Margin are not available for OFG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.11% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.28%
PM growth 5Y19%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
OFG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, OFG has less shares outstanding
Compared to 5 years ago, OFG has less shares outstanding
The debt/assets ratio for OFG is higher compared to a year ago.
2.2 Solvency
OFG 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, OFG belongs to the top of the industry, outperforming 87.76% of the companies in the same industry.
OFG has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.02, OFG belongs to the top of the industry, outperforming 84.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.52%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
OFG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.47%.
Measured over the past years, OFG shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.75% on average per year.
OFG shows a small growth in Revenue. In the last year, the Revenue has grown by 1.33%.
OFG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.92% yearly.
EPS 1Y (TTM)5.47%
EPS 3Y14.52%
EPS 5Y26.75%
EPS Q2Q%6.48%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y9.6%
Revenue growth 5Y11.92%
Sales Q2Q%3.12%
3.2 Future
OFG is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.10% yearly.
OFG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.99% yearly.
EPS Next Y6.74%
EPS Next 2Y4.58%
EPS Next 3Y6.1%
EPS Next 5YN/A
Revenue Next Year4.69%
Revenue Next 2Y3.28%
Revenue Next 3Y2.99%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.44, the valuation of OFG can be described as reasonable.
79.34% of the companies in the same industry are more expensive than OFG, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.38, OFG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.59, the valuation of OFG can be described as reasonable.
Based on the Price/Forward Earnings ratio, OFG is valued a bit cheaper than the industry average as 64.54% of the companies are valued more expensively.
OFG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.44 | ||
| Fwd PE | 9.59 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, OFG is valued a bit cheaper than 61.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.19 | ||
| EV/EBITDA | N/A |
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)1.55
PEG (5Y)0.39
EPS Next 2Y4.58%
EPS Next 3Y6.1%
5. Dividend
5.1 Amount
OFG has a Yearly Dividend Yield of 2.68%. Purely for dividend investing, there may be better candidates out there.
OFG's Dividend Yield is comparable with the industry average which is at 3.47.
OFG's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
5.2 History
On average, the dividend of OFG grows each year by 19.38%, which is quite nice.
OFG has been paying a dividend for at least 10 years, so it has a reliable track record.
OFG has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)19.38%
Div Incr Years4
Div Non Decr Years8
5.3 Sustainability
24.84% of the earnings are spent on dividend by OFG. This is a low number and sustainable payout ratio.
The dividend of OFG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.84%
EPS Next 2Y4.58%
EPS Next 3Y6.1%
44.28
-0.56 (-1.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners98.57%
Inst Owner Change-1.11%
Ins Owners1.46%
Ins Owner Change-1.33%
Market Cap1.97B
Analysts77.14
Price Target51 (15.18%)
Short Float %1.22%
Short Ratio2.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
Yearly Dividend0.99
Dividend Growth(5Y)19.38%
DP24.84%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.39%
Min EPS beat(2)2.34%
Max EPS beat(2)8.44%
EPS beat(4)3
Avg EPS beat(4)4.98%
Min EPS beat(4)-2.69%
Max EPS beat(4)11.84%
EPS beat(8)7
Avg EPS beat(8)5.14%
EPS beat(12)11
Avg EPS beat(12)5.14%
EPS beat(16)14
Avg EPS beat(16)6.1%
Revenue beat(2)0
Avg Revenue beat(2)-5.31%
Min Revenue beat(2)-7.03%
Max Revenue beat(2)-3.6%
Revenue beat(4)1
Avg Revenue beat(4)-5.23%
Min Revenue beat(4)-10.46%
Max Revenue beat(4)0.17%
Revenue beat(8)2
Avg Revenue beat(8)-3.99%
Revenue beat(12)6
Avg Revenue beat(12)3.98%
Revenue beat(16)10
Avg Revenue beat(16)11.4%
PT rev (1m)0%
PT rev (3m)9.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.12%
EPS NY rev (1m)0%
EPS NY rev (3m)6.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.44 | ||
| Fwd PE | 9.59 | ||
| P/S | 2.74 | ||
| P/FCF | 11.19 | ||
| P/OCF | 9.15 | ||
| P/B | 1.48 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.24
EY9.58%
EPS(NY)4.62
Fwd EY10.42%
FCF(TTM)3.96
FCFY8.93%
OCF(TTM)4.84
OCFY10.93%
SpS16.14
BVpS29.97
TBVpS26.26
PEG (NY)1.55
PEG (5Y)0.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.59% | ||
| ROE | 14.59% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.11% | ||
| GM | N/A | ||
| FCFM | 24.52% |
ROA(3y)1.67%
ROA(5y)1.43%
ROE(3y)15.66%
ROE(5y)13.36%
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
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 3Y1.28%
PM growth 5Y19%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.16 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 151.98% | ||
| Cap/Sales | 5.47% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 90.45% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC12.52%
ROIC/WACCN/A
Cap/Depr(3y)116.22%
Cap/Depr(5y)101.92%
Cap/Sales(3y)4.5%
Cap/Sales(5y)4.13%
Profit Quality(3y)113.13%
Profit Quality(5y)84.3%
High Growth Momentum
Growth
EPS 1Y (TTM)5.47%
EPS 3Y14.52%
EPS 5Y26.75%
EPS Q2Q%6.48%
EPS Next Y6.74%
EPS Next 2Y4.58%
EPS Next 3Y6.1%
EPS Next 5YN/A
Revenue 1Y (TTM)1.33%
Revenue growth 3Y9.6%
Revenue growth 5Y11.92%
Sales Q2Q%3.12%
Revenue Next Year4.69%
Revenue Next 2Y3.28%
Revenue Next 3Y2.99%
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 1Y15.23%
FCF growth 3Y39.95%
FCF growth 5Y16.89%
OCF growth 1Y23.73%
OCF growth 3Y36.17%
OCF growth 5Y18.17%