TRICO BANCSHARES (TCBK) Stock Fundamental Analysis
USA - NASDAQ:TCBK - US8960951064 - Common Stock
41.17 USD
+0.43 (+1.06%)
41.17 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to TCBK. TCBK was compared to 391 industry peers in the Banks industry. There are concerns on the financial health of TCBK while its profitability can be described as average. TCBK has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TCBK had positive earnings in the past year.
In the past year TCBK had a positive cash flow from operations.
Each year in the past 5 years TCBK has been profitable.
In the past 5 years TCBK always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TCBK (1.13%) is better than 74.68% of its industry peers.
TCBK has a Return On Equity of 8.84%. This is comparable to the rest of the industry: TCBK outperforms 54.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 8.84% | ||
| ROIC | N/A |
ROA(3y)1.21%
ROA(5y)1.17%
ROE(3y)10.51%
ROE(5y)10.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TCBK has a better Profit Margin (27.88%) than 73.66% of its industry peers.
In the last couple of years the Profit Margin of TCBK has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for TCBK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.88% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.16%
PM growth 5Y-0.43%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
TCBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
TCBK has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TCBK has been increased compared to 5 years ago.
TCBK has a better debt/assets ratio than last year.
2.2 Solvency
TCBK has a debt to FCF ratio of 1.18. This is a very positive value and a sign of high solvency as it would only need 1.18 years to pay back of all of its debts.
TCBK's Debt to FCF ratio of 1.18 is fine compared to the rest of the industry. TCBK outperforms 64.96% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that TCBK is not too dependend on debt financing.
TCBK has a Debt to Equity ratio of 0.09. This is in the better half of the industry: TCBK outperforms 72.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.18 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.83%
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 TCBK have decreased by 0.00% in the last year.
Measured over the past 5 years, TCBK shows a small growth in Earnings Per Share. The EPS has been growing by 2.89% on average per year.
Looking at the last year, TCBK shows a decrease in Revenue. The Revenue has decreased by -0.36% in the last year.
Measured over the past years, TCBK shows a small growth in Revenue. The Revenue has been growing by 4.97% on average per year.
EPS 1Y (TTM)0%
EPS 3Y-4.16%
EPS 5Y2.89%
EPS Q2Q%-3.45%
Revenue 1Y (TTM)-0.36%
Revenue growth 3Y5.7%
Revenue growth 5Y4.97%
Sales Q2Q%5.87%
3.2 Future
The Earnings Per Share is expected to grow by 4.19% on average over the next years.
The Revenue is expected to grow by 4.19% on average over the next years.
EPS Next Y1.93%
EPS Next 2Y5.38%
EPS Next 3Y4.19%
EPS Next 5YN/A
Revenue Next Year5.79%
Revenue Next 2Y5.8%
Revenue Next 3Y4.19%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.11, TCBK is valued correctly.
The rest of the industry has a similar Price/Earnings ratio as TCBK.
TCBK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.42.
The Price/Forward Earnings ratio is 10.71, which indicates a very decent valuation of TCBK.
TCBK's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of TCBK to the average of the S&P500 Index (22.94), we can say TCBK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.11 | ||
| Fwd PE | 10.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TCBK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.23 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)6.27
PEG (5Y)4.18
EPS Next 2Y5.38%
EPS Next 3Y4.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.53%, TCBK has a reasonable but not impressive dividend return.
TCBK's Dividend Yield is comparable with the industry average which is at 3.61.
TCBK's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
5.2 History
The dividend of TCBK is nicely growing with an annual growth rate of 9.93%!
TCBK has paid a dividend for at least 10 years, which is a reliable track record.
TCBK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.93%
Div Incr Years12
Div Non Decr Years13
5.3 Sustainability
TCBK pays out 38.77% of its income as dividend. This is a sustainable payout ratio.
The dividend of TCBK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP38.77%
EPS Next 2Y5.38%
EPS Next 3Y4.19%
41.17
+0.43 (+1.06%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners68.15%
Inst Owner Change-0.04%
Ins Owners4.66%
Ins Owner Change1.23%
Market Cap1.34B
Analysts78.33
Price Target48.96 (18.92%)
Short Float %1.86%
Short Ratio6.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
Yearly Dividend1.32
Dividend Growth(5Y)9.93%
DP38.77%
Div Incr Years12
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.79%
Min EPS beat(2)0.04%
Max EPS beat(2)1.54%
EPS beat(4)4
Avg EPS beat(4)4.26%
Min EPS beat(4)0.04%
Max EPS beat(4)8.66%
EPS beat(8)7
Avg EPS beat(8)2.67%
EPS beat(12)7
Avg EPS beat(12)-1.15%
EPS beat(16)9
Avg EPS beat(16)-0.76%
Revenue beat(2)1
Avg Revenue beat(2)-1.22%
Min Revenue beat(2)-2.93%
Max Revenue beat(2)0.48%
Revenue beat(4)1
Avg Revenue beat(4)-2.76%
Min Revenue beat(4)-7.38%
Max Revenue beat(4)0.48%
Revenue beat(8)1
Avg Revenue beat(8)-3.21%
Revenue beat(12)2
Avg Revenue beat(12)-3.67%
Revenue beat(16)4
Avg Revenue beat(16)-3.11%
PT rev (1m)0%
PT rev (3m)2.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.93%
EPS NY rev (1m)0%
EPS NY rev (3m)4.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.55%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.11 | ||
| Fwd PE | 10.71 | ||
| P/S | 3.34 | ||
| P/FCF | 13.23 | ||
| P/OCF | 12.58 | ||
| P/B | 1.06 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.4
EY8.26%
EPS(NY)3.84
Fwd EY9.33%
FCF(TTM)3.11
FCFY7.56%
OCF(TTM)3.27
OCFY7.95%
SpS12.34
BVpS38.91
TBVpS29.39
PEG (NY)6.27
PEG (5Y)4.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 8.84% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.88% | ||
| GM | N/A | ||
| FCFM | 25.22% |
ROA(3y)1.21%
ROA(5y)1.17%
ROE(3y)10.51%
ROE(5y)10.06%
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-6.16%
PM growth 5Y-0.43%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.18 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 57.45% | ||
| Cap/Sales | 1.31% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 90.46% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC11.83%
ROIC/WACCN/A
Cap/Depr(3y)37.82%
Cap/Depr(5y)32.66%
Cap/Sales(3y)1.07%
Cap/Sales(5y)1.01%
Profit Quality(3y)110.91%
Profit Quality(5y)123.03%
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y-4.16%
EPS 5Y2.89%
EPS Q2Q%-3.45%
EPS Next Y1.93%
EPS Next 2Y5.38%
EPS Next 3Y4.19%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.36%
Revenue growth 3Y5.7%
Revenue growth 5Y4.97%
Sales Q2Q%5.87%
Revenue Next Year5.79%
Revenue Next 2Y5.8%
Revenue Next 3Y4.19%
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-28.86%
FCF growth 3Y-6.59%
FCF growth 5Y1.32%
OCF growth 1Y-27.51%
OCF growth 3Y-6.03%
OCF growth 5Y1.31%