THIRD COAST BANCSHARES INC (TCBX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TCBX - US88422P1093 - Common Stock
38.36 USD
-0.12 (-0.31%)
38.36 USD
0 (0%)
Taking everything into account, TCBX scores 4 out of 10 in our fundamental rating. TCBX was compared to 387 industry peers in the Banks industry. TCBX has a medium profitability rating, but doesn't score so well on its financial health evaluation. TCBX is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
TCBX had positive earnings in the past year.
TCBX had a positive operating cash flow in the past year.
Each year in the past 5 years TCBX has been profitable.
TCBX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.05%, TCBX is in the better half of the industry, outperforming 66.15% of the companies in the same industry.
TCBX has a Return On Equity of 10.50%. This is in the better half of the industry: TCBX outperforms 68.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 10.5% | ||
| ROIC | N/A |
ROA(3y)0.66%
ROA(5y)0.62%
ROE(3y)6.93%
ROE(5y)6.91%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 27.84%, TCBX is in the better half of the industry, outperforming 71.06% of the companies in the same industry.
TCBX's Profit Margin has improved in the last couple of years.
TCBX 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) | 27.84% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y28.02%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
TCBX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TCBX has been increased compared to 1 year ago.
TCBX has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of TCBX is 2.70, which is a good value as it means it would take TCBX, 2.70 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TCBX (2.70) is comparable to the rest of the industry.
TCBX has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TCBX (0.23) is worse than 61.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.7 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC27.34%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
TCBX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.61%, which is quite impressive.
TCBX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.37% yearly.
The Revenue has grown by 16.01% in the past year. This is quite good.
The Revenue has been growing by 21.52% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)39.61%
EPS 3Y43.37%
EPS 5YN/A
EPS Q2Q%39.19%
Revenue 1Y (TTM)16.01%
Revenue growth 3Y21.52%
Revenue growth 5YN/A
Sales Q2Q%20.56%
3.2 Future
Based on estimates for the next years, TCBX will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.73% on average per year.
The Revenue is expected to grow by 17.82% on average over the next years. This is quite good.
EPS Next Y35.52%
EPS Next 2Y19.07%
EPS Next 3Y15.73%
EPS Next 5YN/A
Revenue Next Year20.75%
Revenue Next 2Y19.14%
Revenue Next 3Y17.82%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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
Based on the Price/Earnings ratio of 10.78, the valuation of TCBX can be described as reasonable.
Based on the Price/Earnings ratio, TCBX is valued a bit cheaper than 66.15% of the companies in the same industry.
TCBX is valuated cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
TCBX is valuated reasonably with a Price/Forward Earnings ratio of 9.77.
TCBX's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of TCBX to the average of the S&P500 Index (36.12), we can say TCBX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.78 | ||
| Fwd PE | 9.77 |
4.2 Price Multiples
TCBX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.9 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TCBX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as TCBX's earnings are expected to grow with 15.73% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y19.07%
EPS Next 3Y15.73%
5. Dividend
5.1 Amount
TCBX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
38.36
-0.12 (-0.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners58.5%
Inst Owner Change1.72%
Ins Owners9.18%
Ins Owner Change0.69%
Market Cap532.82M
Revenue(TTM)171.38M
Net Income(TTM)52.09M
Analysts78
Price Target43.86 (14.34%)
Short Float %1.68%
Short Ratio2.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.35
Dividend Growth(5Y)N/A
DP9.12%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.46%
Min EPS beat(2)8.93%
Max EPS beat(2)25.99%
EPS beat(4)4
Avg EPS beat(4)20.88%
Min EPS beat(4)8.93%
Max EPS beat(4)34.35%
EPS beat(8)7
Avg EPS beat(8)11.73%
EPS beat(12)11
Avg EPS beat(12)14.36%
EPS beat(16)11
Avg EPS beat(16)0.1%
Revenue beat(2)1
Avg Revenue beat(2)2.42%
Min Revenue beat(2)-2.48%
Max Revenue beat(2)7.33%
Revenue beat(4)3
Avg Revenue beat(4)2.3%
Min Revenue beat(4)-2.48%
Max Revenue beat(4)7.33%
Revenue beat(8)5
Avg Revenue beat(8)1.13%
Revenue beat(12)6
Avg Revenue beat(12)0.97%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.78%
PT rev (3m)0.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.88%
EPS NY rev (1m)7.12%
EPS NY rev (3m)21.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.82%
Revenue NY rev (3m)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.78 | ||
| Fwd PE | 9.77 | ||
| P/S | 2.85 | ||
| P/FCF | 12.9 | ||
| P/OCF | 12.46 | ||
| P/B | 1.07 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.56
EY9.28%
EPS(NY)3.93
Fwd EY10.24%
FCF(TTM)2.97
FCFY7.75%
OCF(TTM)3.08
OCFY8.03%
SpS13.47
BVpS35.72
TBVpS34.37
PEG (NY)0.3
PEG (5Y)N/A
Graham Number53.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 10.5% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.84% | ||
| GM | N/A | ||
| FCFM | 22.08% |
ROA(3y)0.66%
ROA(5y)0.62%
ROE(3y)6.93%
ROE(5y)6.91%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y28.02%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.7 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 31.19% | ||
| Cap/Sales | 0.77% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 79.32% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC27.34%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)4.4%
Cap/Sales(5y)4.2%
Profit Quality(3y)85.96%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.61%
EPS 3Y43.37%
EPS 5YN/A
EPS Q2Q%39.19%
EPS Next Y35.52%
EPS Next 2Y19.07%
EPS Next 3Y15.73%
EPS Next 5YN/A
Revenue 1Y (TTM)16.01%
Revenue growth 3Y21.52%
Revenue growth 5YN/A
Sales Q2Q%20.56%
Revenue Next Year20.75%
Revenue Next 2Y19.14%
Revenue Next 3Y17.82%
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 1Y57.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y21.37%
OCF growth 3Y97.23%
OCF growth 5YN/A
THIRD COAST BANCSHARES INC / TCBX FAQ
What is the fundamental rating for TCBX stock?
ChartMill assigns a fundamental rating of 4 / 10 to TCBX.
What is the valuation status of THIRD COAST BANCSHARES INC (TCBX) stock?
ChartMill assigns a valuation rating of 5 / 10 to THIRD COAST BANCSHARES INC (TCBX). This can be considered as Fairly Valued.
What is the profitability of TCBX stock?
THIRD COAST BANCSHARES INC (TCBX) has a profitability rating of 4 / 10.
How financially healthy is THIRD COAST BANCSHARES INC?
The financial health rating of THIRD COAST BANCSHARES INC (TCBX) is 2 / 10.
Can you provide the dividend sustainability for TCBX stock?
The dividend rating of THIRD COAST BANCSHARES INC (TCBX) is 0 / 10 and the dividend payout ratio is 9.12%.