PCSB FINANCIAL CORP (PCSB)

US69324R1041 - Common Stock

19.04  -0.22 (-1.14%)

Fundamental Rating

4

Taking everything into account, PCSB scores 4 out of 10 in our fundamental rating. PCSB was compared to 415 industry peers in the Banks industry. While PCSB seems to be doing ok healthwise, there are quite some concerns on its profitability. PCSB has a correct valuation and a medium growth rate.



3

1. Profitability

1.1 Basic Checks

PCSB had positive earnings in the past year.
PCSB had a positive operating cash flow in the past year.
Each year in the past 5 years PCSB has been profitable.
In the past 5 years PCSB always reported a positive cash flow from operatings.

1.2 Ratios

The Return On Assets of PCSB (0.83%) is worse than 80.95% of its industry peers.
Looking at the Return On Equity, with a value of 5.71%, PCSB is doing worse than 96.03% of the companies in the same industry.
Industry RankSector Rank
ROA 0.83%
ROE 5.71%
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

Looking at the Profit Margin, with a value of 27.30%, PCSB is doing worse than 64.55% of the companies in the same industry.
PCSB's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for PCSB so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 27.3%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y13.34%
PM growth 5Y26.62%
GM growth 3YN/A
GM growth 5YN/A

4

2. Health

2.1 Basic Checks

PCSB does not have a ROIC to compare to the WACC, probably because it is not profitable.
PCSB has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PCSB has been reduced compared to 5 years ago.
PCSB has a worse debt/assets ratio than last year.

2.2 Solvency

The Debt to FCF ratio of PCSB is 0.36, which is an excellent value as it means it would take PCSB, only 0.36 years of fcf income to pay off all of its debts.
PCSB has a Debt to FCF ratio of 0.36. This is amongst the best in the industry. PCSB outperforms 88.10% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that PCSB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.03, PCSB belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.03
Debt/FCF 0.36
Altman-Z N/A
ROIC/WACCN/A
WACC8.63%

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 23.08% over the past year.
Measured over the past years, PCSB shows a very strong growth in Earnings Per Share. The EPS has been growing by 42.41% on average per year.
Looking at the last year, PCSB shows a quite strong growth in Revenue. The Revenue has grown by 15.64% in the last year.
PCSB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.19% yearly.
EPS 1Y (TTM)23.08%
EPS 3Y28.51%
EPS 5Y42.41%
EPS growth Q2Q32%
Revenue 1Y (TTM)15.64%
Revenue growth 3Y7.1%
Revenue growth 5Y7.19%
Revenue growth Q2Q19.01%

3.2 Future

The Earnings Per Share is expected to grow by 27.69% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 4.40% on average over the next years.
EPS Next Y22.6%
EPS Next 2Y25.78%
EPS Next 3Y27.69%
EPS Next 5YN/A
Revenue Next Year8.38%
Revenue Next 2Y5.62%
Revenue Next 3Y4.4%
Revenue Next 5YN/A

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 17.00 indicates a correct valuation of PCSB.
PCSB's Price/Earnings ratio is rather expensive when compared to the industry. PCSB is more expensive than 89.95% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.42. PCSB is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 11.57, which indicates a very decent valuation of PCSB.
Based on the Price/Forward Earnings ratio, PCSB is valued a bit more expensive than 72.75% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.74. PCSB is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 17
Fwd PE 11.57

4.2 Price Multiples

76.72% of the companies in the same industry are cheaper than PCSB, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 14.35
EV/EBITDA N/A

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PCSB's earnings are expected to grow with 27.69% in the coming years.
PEG (NY)0.75
PEG (5Y)0.4
EPS Next 2Y25.78%
EPS Next 3Y27.69%

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.47%, PCSB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.70, PCSB's dividend is way lower than its industry peers. On top of this 82.01% of the companies listed in the same industry pay a better dividend than PCSB!
PCSB's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
Industry RankSector Rank
Dividend Yield 1.47%

5.2 History

On average, the dividend of PCSB grows each year by 24.36%, which is quite nice.
PCSB has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)24.36%
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

PCSB pays out 23.24% of its income as dividend. This is a sustainable payout ratio.
PCSB's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP23.24%
EPS Next 2Y25.78%
EPS Next 3Y27.69%

PCSB FINANCIAL CORP

NASDAQ:PCSB (12/30/2022, 7:00:00 PM)

19.04

-0.22 (-1.14%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap291.97M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 1.47%
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)
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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 RankSector Rank
PE 17
Fwd PE 11.57
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)0.75
PEG (5Y)0.4
Profitability
Industry RankSector Rank
ROA 0.83%
ROE 5.71%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) 27.3%
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 RankSector Rank
Debt/Equity 0.03
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)23.08%
EPS 3Y28.51%
EPS 5Y
EPS growth Q2Q
EPS Next Y22.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.64%
Revenue growth 3Y7.1%
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