OFG BANCORP (OFG)
PR67103X1020 - Common Stock
We assign a fundamental rating of 5 out of 10 to OFG. OFG was compared to 412 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.
Each year in the past 5 years OFG has been profitable.
In the past 5 years OFG always reported a positive cash flow from operatings.
1.2 Ratios
OFG has a better Return On Assets (1.60%) than 91.75% of its industry peers.
Looking at the Return On Equity, with a value of 15.24%, OFG belongs to the top of the industry, outperforming 90.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.6% | ||
| ROE | 15.24% | ||
| ROIC | N/A |
ROA(3y)1.59%
ROA(5y)1.19%
ROE(3y)14.91%
ROE(5y)11.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
OFG has a better Profit Margin (26.39%) than 64.08% of its industry peers.
OFG's Profit Margin has improved in the last couple of years.
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) | 26.39% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y27.52%
PM growth 5Y7.61%
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.
OFG has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, OFG has less shares outstanding
The debt/assets ratio for OFG has been reduced compared to a year ago.
2.2 Solvency
OFG has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.00, OFG belongs to the top of the industry, outperforming 89.56% of the companies in the same industry.
OFG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.00, OFG belongs to the best of the industry, outperforming 88.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.29%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.88% over the past year.
OFG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.99% yearly.
Looking at the last year, OFG shows a quite strong growth in Revenue. The Revenue has grown by 12.30% in the last year.
The Revenue has been growing by 11.72% on average over the past years. This is quite good.
EPS 1Y (TTM)9.88%
EPS 3Y42.37%
EPS 5Y19.99%
EPS growth Q2Q-3.09%
Revenue 1Y (TTM)12.3%
Revenue growth 3Y8.96%
Revenue growth 5Y11.72%
Revenue growth Q2Q8.14%
3.2 Future
The Earnings Per Share is expected to grow by 2.70% on average over the next years.
Based on estimates for the next years, OFG will show a small growth in Revenue. The Revenue will grow by 7.08% on average per year.
EPS Next Y1.6%
EPS Next 2Y2.7%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.09%
Revenue Next 2Y7.08%
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.
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 9.98, the valuation of OFG can be described as reasonable.
OFG's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.11, OFG is valued rather cheaply.
The Price/Forward Earnings ratio is 9.82, which indicates a very decent valuation of OFG.
OFG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. OFG is cheaper than 62.62% of the companies in the same industry.
OFG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.98 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, OFG is valued a bit cheaper than 77.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.41 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OFG does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)6.23
PEG (5Y)0.5
EPS Next 2Y2.7%
EPS Next 3YN/A
5. Dividend
5.1 Amount
OFG has a Yearly Dividend Yield of 2.70%.
Compared to an average industry Dividend Yield of 3.76, OFG is paying slightly less dividend.
OFG's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
5.2 History
On average, the dividend of OFG grows each year by 10.71%, which is quite nice.
OFG has been paying a dividend for at least 10 years, so it has a reliable track record.
As OFG did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)10.71%
Div Incr Years3
Div Non Decr Years7
5.3 Sustainability
22.55% of the earnings are spent on dividend by OFG. This is a low number and sustainable payout ratio.
OFG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP22.55%
EPS Next 2Y2.7%
EPS Next 3YN/A
OFG BANCORP
NYSE:OFG (5/7/2024, 7:14:16 PM)
After market: 37.73 0 (0%)37.73
-0.28 (-0.74%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.78B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
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 | 9.98 | ||
| Fwd PE | 9.82 | ||
| 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)6.23
PEG (5Y)0.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.6% | ||
| ROE | 15.24% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 26.39% | ||
| 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 Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| 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)9.88%
EPS 3Y42.37%
EPS 5Y
EPS growth Q2Q
EPS Next Y1.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.3%
Revenue growth 3Y8.96%
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