PREFERRED BANK/LOS ANGELES (PFBC)
US7403674044 - Common Stock
Overall PFBC gets a fundamental rating of 5 out of 10. We evaluated PFBC against 412 industry peers in the Banks industry. PFBC has only an average score on both its financial health and profitability. PFBC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PFBC had positive earnings in the past year.
PFBC had a positive operating cash flow in the past year.
In the past 5 years PFBC has always been profitable.
In the past 5 years PFBC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PFBC (2.25%) is better than 96.59% of its industry peers.
With an excellent Return On Equity value of 21.59%, PFBC belongs to the best of the industry, outperforming 98.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.25% | ||
| ROE | 21.59% | ||
| ROIC | N/A |
ROA(3y)1.94%
ROA(5y)1.77%
ROE(3y)19.41%
ROE(5y)17.59%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 50.61%, PFBC belongs to the best of the industry, outperforming 99.03% of the companies in the same industry.
In the last couple of years the Profit Margin of PFBC has grown nicely.
PFBC 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) | 50.61% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y9.6%
PM growth 5Y3.47%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PFBC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PFBC has less shares outstanding
The number of shares outstanding for PFBC has been reduced compared to 5 years ago.
The debt/assets ratio for PFBC has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of PFBC is 0.86, which is an excellent value as it means it would take PFBC, only 0.86 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PFBC (0.86) is better than 77.86% of its industry peers.
A Debt/Equity ratio of 0.21 indicates that PFBC is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.21, PFBC perfoms like the industry average, outperforming 53.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.86 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC18.82%
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 impressive 20.76% over the past year.
Measured over the past years, PFBC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.48% on average per year.
The Revenue has grown by 15.27% in the past year. This is quite good.
Measured over the past years, PFBC shows a quite strong growth in Revenue. The Revenue has been growing by 12.63% on average per year.
EPS 1Y (TTM)20.76%
EPS 3Y31.22%
EPS 5Y18.48%
EPS growth Q2Q-4.06%
Revenue 1Y (TTM)15.27%
Revenue growth 3Y18.03%
Revenue growth 5Y12.63%
Revenue growth Q2Q-7.04%
3.2 Future
Based on estimates for the next years, PFBC will show a decrease in Earnings Per Share. The EPS will decrease by -7.78% on average per year.
Based on estimates for the next years, PFBC will show a decrease in Revenue. The Revenue will decrease by -5.96% on average per year.
EPS Next Y-9.03%
EPS Next 2Y-7.78%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-9.49%
Revenue Next 2Y-5.96%
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 7.26, the valuation of PFBC can be described as very cheap.
Based on the Price/Earnings ratio, PFBC is valued cheaper than 81.27% of the companies in the same industry.
PFBC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.84.
A Price/Forward Earnings ratio of 7.98 indicates a rather cheap valuation of PFBC.
Based on the Price/Forward Earnings ratio, PFBC is valued a bit cheaper than the industry average as 79.81% of the companies are valued more expensively.
PFBC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.26 | ||
| Fwd PE | 7.98 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, PFBC is valued a bit cheaper than 79.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as PFBC's earnings are expected to decrease with -7.78% in the coming years.
PEG (NY)N/A
PEG (5Y)0.39
EPS Next 2Y-7.78%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PFBC has a Yearly Dividend Yield of 3.61%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.83, PFBC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, PFBC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
5.2 History
On average, the dividend of PFBC grows each year by 16.75%, which is quite nice.
PFBC has been paying a dividend for at least 10 years, so it has a reliable track record.
As PFBC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)16.75%
Div Incr Years3
Div Non Decr Years9
5.3 Sustainability
20.76% of the earnings are spent on dividend by PFBC. This is a low number and sustainable payout ratio.
DP20.76%
EPS Next 2Y-7.78%
EPS Next 3YN/A
PREFERRED BANK/LOS ANGELES
NASDAQ:PFBC (4/26/2024, 7:09:34 PM)
After market: 76.45 0 (0%)76.45
-1.02 (-1.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.04B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Revenue beat(2)
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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 | 7.26 | ||
| Fwd PE | 7.98 | ||
| 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)N/A
PEG (5Y)0.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.25% | ||
| ROE | 21.59% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 50.61% | ||
| 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 Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| 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)20.76%
EPS 3Y31.22%
EPS 5Y
EPS growth Q2Q
EPS Next Y-9.03%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.27%
Revenue growth 3Y18.03%
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
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OCF growth 3Y
OCF growth 5Y