24.49 USD
+0.08 (+0.33%)
24.52 USD
+0.03 (+0.12%)
We assign a fundamental rating of 3 out of 10 to PPBI. PPBI was compared to 383 industry peers in the Banks industry. PPBI may be in some trouble as it scores bad on both profitability and health. PPBI has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year PPBI was profitable.
- In the past year PPBI had a positive cash flow from operations.
- Each year in the past 5 years PPBI has been profitable.
- Each year in the past 5 years PPBI had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of 0.76%, PPBI perfoms like the industry average, outperforming 43.43% of the companies in the same industry.
- PPBI has a worse Return On Equity (4.55%) than 76.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 4.55% | ||
| ROIC | N/A |
ROA(3y)0.77%
ROA(5y)0.84%
ROE(3y)5.43%
ROE(5y)6.02%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With a Profit Margin value of 23.20%, PPBI perfoms like the industry average, outperforming 48.74% of the companies in the same industry.
- In the last couple of years the Profit Margin of PPBI has declined.
- PPBI 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) | 23.2% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-16.79%
PM growth 5Y-5.15%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- PPBI does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, PPBI has more shares outstanding
- The number of shares outstanding for PPBI has been increased compared to 5 years ago.
- Compared to 1 year ago, PPBI has an improved debt to assets ratio.
2.2 Solvency
- The Debt to FCF ratio of PPBI is 0.70, which is an excellent value as it means it would take PPBI, only 0.70 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 0.70, PPBI is doing good in the industry, outperforming 79.80% of the companies in the same industry.
- PPBI has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
- PPBI has a Debt to Equity ratio of 0.04. This is amongst the best in the industry. PPBI outperforms 82.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.7 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.1%
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 PPBI have decreased strongly by -21.47% in the last year.
- Measured over the past years, PPBI shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.01% on average per year.
- Looking at the last year, PPBI shows a very strong growth in Revenue. The Revenue has grown by 43.63%.
- The Revenue has been growing slightly by 5.14% on average over the past years.
EPS 1Y (TTM)-21.47%
EPS 3Y-22.84%
EPS 5Y-9.01%
EPS Q2Q%-4.65%
Revenue 1Y (TTM)43.63%
Revenue growth 3Y-6.99%
Revenue growth 5Y5.14%
Sales Q2Q%-7.07%
3.2 Future
- Based on estimates for the next years, PPBI will show a decrease in Earnings Per Share. The EPS will decrease by -2.58% on average per year.
- PPBI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.90% yearly.
EPS Next Y-8.78%
EPS Next 2Y-2.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.99%
Revenue Next 2Y1.9%
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 accelerating.
- 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
- The Price/Earnings ratio is 16.33, which indicates a correct valuation of PPBI.
- PPBI's Price/Earnings ratio is a bit more expensive when compared to the industry. PPBI is more expensive than 71.46% of the companies in the same industry.
- When comparing the Price/Earnings ratio of PPBI to the average of the S&P500 Index (27.21), we can say PPBI is valued slightly cheaper.
- PPBI is valuated correctly with a Price/Forward Earnings ratio of 15.73.
- 74.24% of the companies in the same industry are cheaper than PPBI, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. PPBI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.33 | ||
| Fwd PE | 15.73 |
4.2 Price Multiples
- PPBI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.48 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- PPBI's earnings are expected to decrease with -2.58% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.58%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.39%, PPBI is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.84, PPBI pays a better dividend. On top of this PPBI pays more dividend than 85.35% of the companies listed in the same industry.
- PPBI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.39% |
5.2 History
- On average, the dividend of PPBI grows each year by 8.39%, which is quite nice.
- PPBI has been paying a dividend for over 5 years, so it has already some track record.
- As PPBI did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)8.39%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
- PPBI pays out 94.19% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of PPBI has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP94.19%
EPS Next 2Y-2.58%
EPS Next 3YN/A
PACIFIC PREMIER BANCORP INC / PPBI FAQ
What is the ChartMill fundamental rating of PACIFIC PREMIER BANCORP INC (PPBI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to PPBI.
What is the valuation status of PACIFIC PREMIER BANCORP INC (PPBI) stock?
ChartMill assigns a valuation rating of 2 / 10 to PACIFIC PREMIER BANCORP INC (PPBI). This can be considered as Overvalued.
What is the profitability of PPBI stock?
PACIFIC PREMIER BANCORP INC (PPBI) has a profitability rating of 3 / 10.
What is the financial health of PACIFIC PREMIER BANCORP INC (PPBI) stock?
The financial health rating of PACIFIC PREMIER BANCORP INC (PPBI) is 3 / 10.
What is the expected EPS growth for PACIFIC PREMIER BANCORP INC (PPBI) stock?
The Earnings per Share (EPS) of PACIFIC PREMIER BANCORP INC (PPBI) is expected to decline by -8.78% in the next year.