PACIFIC PREMIER BANCORP INC (PPBI)
US69478X1054 - Common Stock
PPBI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 411 industry peers in the Banks industry. Both the profitability and financial health of PPBI have multiple concerns. PPBI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PPBI had positive earnings in the past year.
PPBI had a positive operating cash flow in the past year.
PPBI had positive earnings in each of the past 5 years.
Each year in the past 5 years PPBI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PPBI (0.15%) is worse than 91.48% of its industry peers.
PPBI's Return On Equity of 1.00% is on the low side compared to the rest of the industry. PPBI is outperformed by 92.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.15% | ||
| ROE | 1% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)0.94%
ROE(3y)7.56%
ROE(5y)6.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 6.37%, PPBI is not doing good in the industry: 92.21% of the companies in the same industry are doing better.
PPBI's Profit Margin has declined in the last couple of years.
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) | 6.37% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.58%
PM growth 5Y-26.17%
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.
The number of shares outstanding for PPBI has been increased compared to 1 year ago.
The number of shares outstanding for PPBI has been increased compared to 5 years ago.
PPBI has a worse debt/assets ratio than last year.
2.2 Solvency
PPBI has a debt to FCF ratio of 1.36. This is a very positive value and a sign of high solvency as it would only need 1.36 years to pay back of all of its debts.
The Debt to FCF ratio of PPBI (1.36) is better than 69.59% of its industry peers.
PPBI has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
PPBI's Debt to Equity ratio of 0.09 is fine compared to the rest of the industry. PPBI outperforms 77.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.36 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.75%
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 -24.24% in the last year.
Measured over the past years, PPBI shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.01% on average per year.
PPBI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -42.60%.
The Revenue has been growing slightly by 1.26% on average over the past years.
EPS 1Y (TTM)-24.24%
EPS 3Y77.84%
EPS 5Y-2.01%
EPS growth Q2Q-33.77%
Revenue 1Y (TTM)-42.6%
Revenue growth 3Y-11.26%
Revenue growth 5Y1.26%
Revenue growth Q2Q-143.29%
3.2 Future
Based on estimates for the next years, PPBI will show a decrease in Earnings Per Share. The EPS will decrease by -2.51% on average per year.
PPBI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.69% yearly.
EPS Next Y-11.76%
EPS Next 2Y-2.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.71%
Revenue Next 2Y0.69%
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 9.77, the valuation of PPBI can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of PPBI is on the same level as its industry peers.
When comparing the Price/Earnings ratio of PPBI to the average of the S&P500 Index (25.20), we can say PPBI is valued rather cheaply.
The Price/Forward Earnings ratio is 11.07, which indicates a very decent valuation of PPBI.
The rest of the industry has a similar Price/Forward Earnings ratio as PPBI.
PPBI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.77 | ||
| Fwd PE | 11.07 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PPBI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.68 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as PPBI's earnings are expected to decrease with -2.51% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.51%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.80%, PPBI is a good candidate for dividend investing.
In the last 3 months the price of PPBI has falen by -21.47%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.86, PPBI pays a better dividend. On top of this PPBI pays more dividend than 89.29% 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 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.8% |
5.2 History
PPBI has been paying a dividend for over 5 years, so it has already some track record.
PPBI has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
439.38% of the earnings are spent on dividend by PPBI. This is not a sustainable payout ratio.
DP439.38%
EPS Next 2Y-2.51%
EPS Next 3YN/A
PACIFIC PREMIER BANCORP INC
NASDAQ:PPBI (4/26/2024, 3:30:01 PM)
After market: 21.98 0 (0%)21.98
-0.18 (-0.81%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.12B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.8% |
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 | 9.77 | ||
| Fwd PE | 11.07 | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.15% | ||
| ROE | 1% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 6.37% | ||
| 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 Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| 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)-24.24%
EPS 3Y77.84%
EPS 5Y
EPS growth Q2Q
EPS Next Y-11.76%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-42.6%
Revenue growth 3Y-11.26%
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