UNITY BANCORP INC (UNTY) Stock Fundamental Analysis
USA - NASDAQ:UNTY - US9132901029 - Common Stock
51.95 USD
+0.68 (+1.32%)
51.95 USD
0 (0%)
Taking everything into account, UNTY scores 6 out of 10 in our fundamental rating. UNTY was compared to 392 industry peers in the Banks industry. Both the profitability and the financial health of UNTY get a neutral evaluation. Nothing too spectacular is happening here. UNTY is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, UNTY could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
UNTY had positive earnings in the past year.
In the past year UNTY had a positive cash flow from operations.
Each year in the past 5 years UNTY has been profitable.
UNTY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 1.72%, UNTY belongs to the best of the industry, outperforming 93.37% of the companies in the same industry.
UNTY has a Return On Equity of 15.79%. This is amongst the best in the industry. UNTY outperforms 94.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 15.79% | ||
| ROIC | N/A |
ROA(3y)1.56%
ROA(5y)1.53%
ROE(3y)15.1%
ROE(5y)15.29%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
UNTY has a Profit Margin of 42.16%. This is amongst the best in the industry. UNTY outperforms 97.19% of its industry peers.
In the last couple of years the Profit Margin of UNTY has grown nicely.
The Operating Margin and Gross Margin are not available for UNTY so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 42.16% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-1.53%
PM growth 5Y1.9%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
UNTY does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for UNTY has been reduced compared to 1 year ago.
The number of shares outstanding for UNTY has been reduced compared to 5 years ago.
Compared to 1 year ago, UNTY has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of UNTY is 0.32, which is an excellent value as it means it would take UNTY, only 0.32 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.32, UNTY belongs to the best of the industry, outperforming 84.44% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that UNTY is not too dependend on debt financing.
UNTY has a Debt to Equity ratio of 0.03. This is amongst the best in the industry. UNTY outperforms 83.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.32 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.17%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
UNTY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.53%, which is quite good.
UNTY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.66% yearly.
UNTY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.09%.
UNTY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.79% yearly.
EPS 1Y (TTM)19.53%
EPS 3Y5.88%
EPS 5Y13.66%
EPS Q2Q%29.03%
Revenue 1Y (TTM)16.09%
Revenue growth 3Y6.32%
Revenue growth 5Y9.79%
Sales Q2Q%34.54%
3.2 Future
UNTY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.44% yearly.
Based on estimates for the next years, UNTY will show a quite strong growth in Revenue. The Revenue will grow by 13.36% on average per year.
EPS Next Y23.56%
EPS Next 2Y18.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year17.68%
Revenue Next 2Y13.36%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.47 indicates a reasonable valuation of UNTY.
Compared to the rest of the industry, the Price/Earnings ratio of UNTY indicates a somewhat cheap valuation: UNTY is cheaper than 64.80% of the companies listed in the same industry.
UNTY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.20.
With a Price/Forward Earnings ratio of 9.12, the valuation of UNTY can be described as very reasonable.
Based on the Price/Forward Earnings ratio, UNTY is valued a bit cheaper than 69.64% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.70. UNTY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.47 | ||
| Fwd PE | 9.12 |
4.2 Price Multiples
UNTY's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. UNTY is more expensive than 60.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.15 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
UNTY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
UNTY's earnings are expected to grow with 18.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)0.84
EPS Next 2Y18.44%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.13%, UNTY has a reasonable but not impressive dividend return.
With a Dividend Yield of 1.13, UNTY pays less dividend than the industry average, which is at 3.73. 81.38% of the companies listed in the same industry pay a better dividend than UNTY!
With a Dividend Yield of 1.13, UNTY pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
5.2 History
The dividend of UNTY is nicely growing with an annual growth rate of 10.72%!
UNTY has paid a dividend for at least 10 years, which is a reliable track record.
UNTY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)10.72%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
10.33% of the earnings are spent on dividend by UNTY. This is a low number and sustainable payout ratio.
UNTY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP10.33%
EPS Next 2Y18.44%
EPS Next 3YN/A
51.95
+0.68 (+1.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners51.69%
Inst Owner Change-1.83%
Ins Owners28.21%
Ins Owner Change-0.62%
Market Cap521.06M
Analysts84.44
Price Target61.54 (18.46%)
Short Float %0.95%
Short Ratio1.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
Yearly Dividend0.5
Dividend Growth(5Y)10.72%
DP10.33%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.87%
Min EPS beat(2)-1.61%
Max EPS beat(2)-0.13%
EPS beat(4)2
Avg EPS beat(4)3.41%
Min EPS beat(4)-1.61%
Max EPS beat(4)10.85%
EPS beat(8)5
Avg EPS beat(8)3.71%
EPS beat(12)7
Avg EPS beat(12)2.27%
EPS beat(16)11
Avg EPS beat(16)2.81%
Revenue beat(2)1
Avg Revenue beat(2)3.3%
Min Revenue beat(2)-4.62%
Max Revenue beat(2)11.22%
Revenue beat(4)2
Avg Revenue beat(4)1.38%
Min Revenue beat(4)-4.99%
Max Revenue beat(4)11.22%
Revenue beat(8)2
Avg Revenue beat(8)-0.48%
Revenue beat(12)2
Avg Revenue beat(12)-1.29%
Revenue beat(16)5
Avg Revenue beat(16)-0.81%
PT rev (1m)0%
PT rev (3m)16.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.75%
EPS NY rev (1m)1.3%
EPS NY rev (3m)1.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)1%
Revenue NY rev (3m)1.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.47 | ||
| Fwd PE | 9.12 | ||
| P/S | 4.35 | ||
| P/FCF | 16.15 | ||
| P/OCF | 15.69 | ||
| P/B | 1.63 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.53
EY8.72%
EPS(NY)5.7
Fwd EY10.96%
FCF(TTM)3.22
FCFY6.19%
OCF(TTM)3.31
OCFY6.37%
SpS11.94
BVpS31.89
TBVpS31.74
PEG (NY)0.49
PEG (5Y)0.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 15.79% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 42.16% | ||
| GM | N/A | ||
| FCFM | 26.93% |
ROA(3y)1.56%
ROA(5y)1.53%
ROE(3y)15.1%
ROE(5y)15.29%
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-1.53%
PM growth 5Y1.9%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.32 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 33.77% | ||
| Cap/Sales | 0.79% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 63.89% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC11.17%
ROIC/WACCN/A
Cap/Depr(3y)40.19%
Cap/Depr(5y)45.5%
Cap/Sales(3y)1.03%
Cap/Sales(5y)1.04%
Profit Quality(3y)112.31%
Profit Quality(5y)103.12%
High Growth Momentum
Growth
EPS 1Y (TTM)19.53%
EPS 3Y5.88%
EPS 5Y13.66%
EPS Q2Q%29.03%
EPS Next Y23.56%
EPS Next 2Y18.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)16.09%
Revenue growth 3Y6.32%
Revenue growth 5Y9.79%
Sales Q2Q%34.54%
Revenue Next Year17.68%
Revenue Next 2Y13.36%
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-14.05%
FCF growth 3Y14.77%
FCF growth 5Y7.8%
OCF growth 1Y-15.93%
OCF growth 3Y13.84%
OCF growth 5Y7.65%