PACIFIC PREMIER BANCORP INC (PPBI) Stock Fundamental Analysis
NASDAQ:PPBI - US69478X1054 - Common Stock
24.35 USD
+0.05 (+0.21%)
24.35 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to PPBI. PPBI was compared to 393 industry peers in the Banks industry. PPBI scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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.
PPBI had a positive operating cash flow in the past year.
In the past 5 years PPBI has always been profitable.
In the past 5 years PPBI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.76%, PPBI is in line with its industry, outperforming 43.00% of the companies in the same industry.
PPBI has a Return On Equity of 4.55%. This is in the lower half of the industry: PPBI underperforms 76.59% 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
PPBI has a Profit Margin of 23.20%. This is comparable to the rest of the industry: PPBI outperforms 48.09% of its industry peers.
PPBI's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for PPBI so they could not be analyzed.
| 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.
The debt/assets ratio for PPBI has been reduced compared to a year ago.
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 an excellent Debt to FCF ratio value of 0.70, PPBI belongs to the best of the industry, outperforming 80.15% 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 better Debt to Equity ratio (0.04) than 82.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.7 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.27%
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.
The Revenue has grown by 43.63% in the past year. This is a very strong growth!
Measured over the past years, PPBI shows a small growth in Revenue. The Revenue has been growing by 5.14% on average per year.
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
The Earnings Per Share is expected to decrease by -2.58% on average over the next years.
Based on estimates for the next years, PPBI will show a small growth in Revenue. The Revenue will grow by 1.90% on average per year.
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
PPBI is valuated correctly with a Price/Earnings ratio of 16.23.
PPBI's Price/Earnings ratio is a bit more expensive when compared to the industry. PPBI is more expensive than 71.76% of the companies in the same industry.
PPBI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.08.
With a Price/Forward Earnings ratio of 15.64, PPBI is valued correctly.
PPBI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. PPBI is more expensive than 74.55% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PPBI to the average of the S&P500 Index (22.67), we can say PPBI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 15.64 |
4.2 Price Multiples
PPBI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.4 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as PPBI's earnings are expected to decrease with -2.58% in the coming years.
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 5.79%, PPBI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.30, PPBI pays a better dividend. On top of this PPBI pays more dividend than 92.88% 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 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
5.2 History
The dividend of PPBI is nicely growing with an annual growth rate of 8.39%!
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
PPBI pays out 94.19% of its income as dividend. 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.
DP94.19%
EPS Next 2Y-2.58%
EPS Next 3YN/A
24.35
+0.05 (+0.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners95.57%
Inst Owner Change-0.56%
Ins Owners2.26%
Ins Owner Change9.19%
Market Cap2.36B
Analysts75
Price Target26.21 (7.64%)
Short Float %2.07%
Short Ratio1.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
Yearly Dividend1.32
Dividend Growth(5Y)8.39%
DP94.19%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.62%
Min EPS beat(2)21.25%
Max EPS beat(2)23.99%
EPS beat(4)3
Avg EPS beat(4)12.77%
Min EPS beat(4)-3.45%
Max EPS beat(4)23.99%
EPS beat(8)5
Avg EPS beat(8)5.06%
EPS beat(12)6
Avg EPS beat(12)2.7%
EPS beat(16)8
Avg EPS beat(16)2.61%
Revenue beat(2)0
Avg Revenue beat(2)-2.87%
Min Revenue beat(2)-4.39%
Max Revenue beat(2)-1.35%
Revenue beat(4)0
Avg Revenue beat(4)-4.32%
Min Revenue beat(4)-7.84%
Max Revenue beat(4)-1.35%
Revenue beat(8)0
Avg Revenue beat(8)-4.91%
Revenue beat(12)2
Avg Revenue beat(12)-2.56%
Revenue beat(16)6
Avg Revenue beat(16)1.23%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)5.01%
EPS NQ rev (3m)7.97%
EPS NY rev (1m)7.06%
EPS NY rev (3m)7.37%
Revenue NQ rev (1m)1.84%
Revenue NQ rev (3m)2%
Revenue NY rev (1m)2.01%
Revenue NY rev (3m)2.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 15.64 | ||
| P/S | 4.05 | ||
| P/FCF | 13.4 | ||
| P/OCF | 13.06 | ||
| P/B | 0.79 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.5
EY6.16%
EPS(NY)1.56
Fwd EY6.39%
FCF(TTM)1.82
FCFY7.46%
OCF(TTM)1.86
OCFY7.66%
SpS6.02
BVpS30.68
TBVpS21.11
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 4.55% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 23.2% | ||
| GM | N/A | ||
| FCFM | 30.21% |
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-Score9
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.7 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 21.25% | ||
| Cap/Sales | 0.79% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 130.2% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC15.27%
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)-21.47%
EPS 3Y-22.84%
EPS 5Y-9.01%
EPS Q2Q%-4.65%
EPS Next Y-8.78%
EPS Next 2Y-2.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)43.63%
Revenue growth 3Y-6.99%
Revenue growth 5Y5.14%
Sales Q2Q%-7.07%
Revenue Next Year-1.99%
Revenue Next 2Y1.9%
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-52.29%
FCF growth 3Y-10.51%
FCF growth 5Y6.33%
OCF growth 1Y-52.03%
OCF growth 3Y-10.9%
OCF growth 5Y4.39%