PACIFIC PREMIER BANCORP INC (PPBI) Stock Fundamental Analysis
NASDAQ:PPBI - Nasdaq - US69478X1054 - Common Stock - Currency: USD
Taking everything into account, PPBI scores 3 out of 10 in our fundamental rating. PPBI was compared to 394 industry peers in the Banks industry. PPBI has a bad profitability rating. Also its financial health evaluation is rather negative. PPBI is valued expensive and 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.
In the past 5 years PPBI has always been profitable.
PPBI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PPBI's Return On Assets of 0.80% is in line compared to the rest of the industry. PPBI outperforms 47.36% of its industry peers.
With a Return On Equity value of 4.89%, PPBI is not doing good in the industry: 77.58% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 4.89% | ||
| 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
PPBI has a Profit Margin (24.44%) which is comparable to the rest of the industry.
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) | 24.44% | ||
| 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.
PPBI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PPBI has been increased compared to 5 years ago.
PPBI has a better debt/assets ratio than last year.
2.2 Solvency
PPBI has a debt to FCF ratio of 1.45. This is a very positive value and a sign of high solvency as it would only need 1.45 years to pay back of all of its debts.
The Debt to FCF ratio of PPBI (1.45) is better than 62.97% 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.
Looking at the Debt to Equity ratio, with a value of 0.09, PPBI is in the better half of the industry, outperforming 73.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.45 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.83%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
PPBI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.92%.
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 37.37%.
PPBI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.14% yearly.
EPS 1Y (TTM)-26.92%
EPS 3Y-22.84%
EPS 5Y-9.01%
EPS Q2Q%-24.49%
Revenue 1Y (TTM)37.37%
Revenue growth 3Y-6.99%
Revenue growth 5Y5.14%
Sales Q2Q%-14.99%
3.2 Future
Based on estimates for the next years, PPBI will show a decrease in Earnings Per Share. The EPS will decrease by -2.83% on average per year.
PPBI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.28% yearly.
EPS Next Y-14.79%
EPS Next 2Y-2.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.91%
Revenue Next 2Y1.28%
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 14.71, which indicates a correct valuation of PPBI.
62.47% of the companies in the same industry are cheaper than PPBI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.41, PPBI is valued a bit cheaper.
With a Price/Forward Earnings ratio of 14.44, PPBI is valued correctly.
Based on the Price/Forward Earnings ratio, PPBI is valued a bit more expensive than the industry average as 71.79% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of PPBI to the average of the S&P500 Index (35.19), we can say PPBI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.71 | ||
| Fwd PE | 14.44 |
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 | 11.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PPBI's earnings are expected to decrease with -2.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.78%, PPBI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.31, PPBI pays a better dividend. On top of this PPBI pays more dividend than 91.94% 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 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.78% |
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.
PPBI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)8.39%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
87.74% of the earnings are spent on dividend by PPBI. This is not a sustainable payout ratio.
PPBI's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP87.74%
EPS Next 2Y-2.83%
EPS Next 3YN/A
22.36
-0.47 (-2.06%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners95.18%
Inst Owner Change0%
Ins Owners2.26%
Ins Owner Change9.16%
Market Cap2.17B
Analysts75
Price Target26.21 (17.22%)
Short Float %1.79%
Short Ratio1.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.78% |
Yearly Dividend1.32
Dividend Growth(5Y)8.39%
DP87.74%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.26%
Min EPS beat(2)9.28%
Max EPS beat(2)21.25%
EPS beat(4)2
Avg EPS beat(4)6.31%
Min EPS beat(4)-3.45%
Max EPS beat(4)21.25%
EPS beat(8)5
Avg EPS beat(8)2.27%
EPS beat(12)5
Avg EPS beat(12)0.71%
EPS beat(16)8
Avg EPS beat(16)3.6%
Revenue beat(2)0
Avg Revenue beat(2)-2.53%
Min Revenue beat(2)-3.7%
Max Revenue beat(2)-1.35%
Revenue beat(4)0
Avg Revenue beat(4)-5.29%
Min Revenue beat(4)-8.26%
Max Revenue beat(4)-1.35%
Revenue beat(8)0
Avg Revenue beat(8)-4.7%
Revenue beat(12)3
Avg Revenue beat(12)-1.12%
Revenue beat(16)7
Avg Revenue beat(16)2.11%
PT rev (1m)0%
PT rev (3m)-9.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.11%
EPS NY rev (1m)0.29%
EPS NY rev (3m)4.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.31%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.71 | ||
| Fwd PE | 14.44 | ||
| P/S | 3.65 | ||
| P/FCF | 11.57 | ||
| P/OCF | 11.35 | ||
| P/B | 0.73 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.52
EY6.8%
EPS(NY)1.55
Fwd EY6.92%
FCF(TTM)1.93
FCFY8.64%
OCF(TTM)1.97
OCFY8.81%
SpS6.12
BVpS30.58
TBVpS20.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 4.89% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.44% | ||
| GM | N/A | ||
| FCFM | 31.58% |
ROA(3y)0.77%
ROA(5y)0.84%
ROE(3y)5.43%
ROE(5y)6.02%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.45 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 16.34% | ||
| Cap/Sales | 0.62% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 129.24% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC15.83%
ROIC/WACCN/A
Cap/Depr(3y)22.45%
Cap/Depr(5y)26.8%
Cap/Sales(3y)1%
Cap/Sales(5y)1.2%
Profit Quality(3y)378.53%
Profit Quality(5y)313.02%
High Growth Momentum
Growth
EPS 1Y (TTM)-26.92%
EPS 3Y-22.84%
EPS 5Y-9.01%
EPS Q2Q%-24.49%
EPS Next Y-14.79%
EPS Next 2Y-2.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)37.37%
Revenue growth 3Y-6.99%
Revenue growth 5Y5.14%
Sales Q2Q%-14.99%
Revenue Next Year-3.91%
Revenue Next 2Y1.28%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-45.82%
FCF growth 3Y-10.51%
FCF growth 5Y6.33%
OCF growth 1Y-45.97%
OCF growth 3Y-10.9%
OCF growth 5Y4.39%