PROVIDENT BANCORP INC (PVBC)
US74383L1052 - Common Stock
Overall PVBC gets a fundamental rating of 3 out of 10. We evaluated PVBC against 411 industry peers in the Banks industry. PVBC scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. PVBC does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
PVBC had positive earnings in the past year.
PVBC had a positive operating cash flow in the past year.
Of the past 5 years PVBC 4 years were profitable.
In the past 5 years PVBC always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.66%, PVBC is not doing good in the industry: 69.34% of the companies in the same industry are doing better.
PVBC has a Return On Equity of 4.94%. This is amonst the worse of the industry: PVBC underperforms 81.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.66% | ||
| ROE | 4.94% | ||
| ROIC | N/A |
ROA(3y)0.09%
ROA(5y)0.41%
ROE(3y)0.5%
ROE(5y)2.25%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PVBC has a worse Profit Margin (16.79%) than 76.16% of its industry peers.
In the last couple of years the Profit Margin of PVBC has declined.
PVBC 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) | 16.79% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.69%
PM growth 5Y-5.76%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PVBC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PVBC has about the same amount of shares outstanding.
Compared to 5 years ago, PVBC has less shares outstanding
There is no outstanding debt for PVBC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
PVBC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.77%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
PVBC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 150.00%, which is quite impressive.
Measured over the past 5 years, PVBC shows a small growth in Earnings Per Share. The EPS has been growing by 5.71% on average per year.
PVBC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.65%.
PVBC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.57% yearly.
EPS 1Y (TTM)150%
EPS 3Y0%
EPS 5Y5.71%
EPS growth Q2Q12.5%
Revenue 1Y (TTM)-19.65%
Revenue growth 3Y3.99%
Revenue growth 5Y9.57%
Revenue growth Q2Q-26.48%
3.2 Future
The Earnings Per Share is expected to decrease by -18.16% on average over the next years. This is quite bad
PVBC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.54% yearly.
EPS Next Y-61.94%
EPS Next 2Y-18.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-8.09%
Revenue Next 2Y-0.54%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
PVBC is valuated correctly with a Price/Earnings ratio of 12.10.
Based on the Price/Earnings ratio, PVBC is valued a bit more expensive than the industry average as 67.64% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 25.20, PVBC is valued rather cheaply.
A Price/Forward Earnings ratio of 31.80 indicates a quite expensive valuation of PVBC.
Based on the Price/Forward Earnings ratio, PVBC is valued a bit more expensive than the industry average as 78.59% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.60, PVBC is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.1 | ||
| Fwd PE | 31.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PVBC indicates a rather expensive valuation: PVBC more expensive than 81.51% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.47 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PVBC's earnings are expected to decrease with -18.16% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.12
EPS Next 2Y-18.16%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PVBC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PROVIDENT BANCORP INC
NASDAQ:PVBC (4/23/2024, 7:21:02 PM)
8.11
+0.28 (+3.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap143.22M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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 | 12.1 | ||
| Fwd PE | 31.8 | ||
| 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)2.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.66% | ||
| ROE | 4.94% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 16.79% | ||
| 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 | ||
| 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)150%
EPS 3Y0%
EPS 5Y
EPS growth Q2Q
EPS Next Y-61.94%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-19.65%
Revenue growth 3Y3.99%
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