PEAPACK GLADSTONE FINL CORP (PGC)
US7046991078 - Common Stock
We assign a fundamental rating of 3 out of 10 to PGC. PGC was compared to 412 industry peers in the Banks industry. Both the profitability and financial health of PGC have multiple concerns. PGC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
PGC had positive earnings in the past year.
PGC had a positive operating cash flow in the past year.
Each year in the past 5 years PGC has been profitable.
Each year in the past 5 years PGC had a positive operating cash flow.
1.2 Ratios
PGC's Return On Assets of 0.75% is in line compared to the rest of the industry. PGC outperforms 40.78% of its industry peers.
With a Return On Equity value of 8.37%, PGC perfoms like the industry average, outperforming 43.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.75% | ||
| ROE | 8.37% | ||
| ROIC | N/A |
ROA(3y)0.95%
ROA(5y)0.84%
ROE(3y)10.88%
ROE(5y)9.41%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of PGC (21.28%) is worse than 61.41% of its industry peers.
PGC's Profit Margin has declined in the last couple of years.
PGC 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) | 21.28% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y15.42%
PM growth 5Y-5.16%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PGC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PGC has less shares outstanding
Compared to 5 years ago, PGC has less shares outstanding
PGC has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of PGC is 2.05, which is a good value as it means it would take PGC, 2.05 years of fcf income to pay off all of its debts.
PGC has a Debt to FCF ratio (2.05) which is in line with its industry peers.
PGC has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.23, PGC perfoms like the industry average, outperforming 49.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.05 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.45%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for PGC have decreased strongly by -32.42% in the last year.
Measured over the past 5 years, PGC shows a small growth in Earnings Per Share. The EPS has been growing by 2.98% on average per year.
PGC shows a decrease in Revenue. In the last year, the revenue decreased by -5.28%.
The Revenue has been growing slightly by 7.58% on average over the past years.
EPS 1Y (TTM)-32.42%
EPS 3Y17.05%
EPS 5Y2.98%
EPS growth Q2Q-57.52%
Revenue 1Y (TTM)-5.28%
Revenue growth 3Y6.64%
Revenue growth 5Y7.58%
Revenue growth Q2Q-16.32%
3.2 Future
The Earnings Per Share is expected to grow by 4.23% on average over the next years.
Based on estimates for the next years, PGC will show a small growth in Revenue. The Revenue will grow by 5.84% on average per year.
EPS Next Y-13.98%
EPS Next 2Y4.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.16%
Revenue Next 2Y5.84%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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. Valuation
4.1 Price/Earnings Ratio
PGC is valuated reasonably with a Price/Earnings ratio of 8.65.
67.96% of the companies in the same industry are more expensive than PGC, based on the Price/Earnings ratio.
PGC is valuated cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.06 indicates a reasonable valuation of PGC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PGC is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 20.41. PGC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.65 | ||
| Fwd PE | 10.06 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, PGC is valued a bit cheaper than the industry average as 79.85% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.23 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.9
EPS Next 2Y4.23%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.87%, PGC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.76, PGC's dividend is way lower than its industry peers. On top of this 84.95% of the companies listed in the same industry pay a better dividend than PGC!
With a Dividend Yield of 0.87, PGC pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
5.2 History
The dividend of PGC has a limited annual growth rate of 0.50%.
PGC has been paying a dividend for at least 10 years, so it has a reliable track record.
PGC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.5%
Div Incr Years0
Div Non Decr Years13
5.3 Sustainability
7.28% of the earnings are spent on dividend by PGC. This is a low number and sustainable payout ratio.
PGC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP7.28%
EPS Next 2Y4.23%
EPS Next 3YN/A
PEAPACK GLADSTONE FINL CORP
NASDAQ:PGC (5/6/2024, 9:17:52 AM)
23.44
+0.13 (+0.56%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap416.29M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
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)
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Min EPS beat(4)
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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)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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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 | 8.65 | ||
| Fwd PE | 10.06 | ||
| 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)2.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.75% | ||
| ROE | 8.37% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 21.28% | ||
| 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 | 0.23 | ||
| 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)-32.42%
EPS 3Y17.05%
EPS 5Y
EPS growth Q2Q
EPS Next Y-13.98%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-5.28%
Revenue growth 3Y6.64%
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