BYLINE BANCORP INC (BY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BY - US1244111092 - Common Stock
29.71 USD
-0.12 (-0.4%)
29.71 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to BY. BY was compared to 388 industry peers in the Banks industry. BY has a medium profitability rating, but doesn't score so well on its financial health evaluation. BY has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BY was profitable.
In the past year BY had a positive cash flow from operations.
BY had positive earnings in each of the past 5 years.
In the past 5 years BY always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BY (1.28%) is better than 81.44% of its industry peers.
BY has a better Return On Equity (10.17%) than 64.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 10.17% | ||
| ROIC | N/A |
ROA(3y)1.23%
ROA(5y)1.13%
ROE(3y)11.14%
ROE(5y)9.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 29.00%, BY is in the better half of the industry, outperforming 74.23% of the companies in the same industry.
In the last couple of years the Profit Margin of BY has grown nicely.
BY 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) | 29% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.08%
PM growth 5Y7.5%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BY does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for BY has been increased compared to 1 year ago.
Compared to 5 years ago, BY has more shares outstanding
BY has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of BY is 2.03, which is a good value as it means it would take BY, 2.03 years of fcf income to pay off all of its debts.
BY has a Debt to FCF ratio (2.03) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.21 indicates that BY is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.21, BY perfoms like the industry average, outperforming 40.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.03 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.99%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.18% over the past year.
Measured over the past years, BY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.24% on average per year.
The Revenue has been growing slightly by 7.67% in the past year.
Measured over the past years, BY shows a quite strong growth in Revenue. The Revenue has been growing by 8.40% on average per year.
EPS 1Y (TTM)2.18%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%18.84%
Revenue 1Y (TTM)7.67%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%13.64%
3.2 Future
BY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.15% yearly.
The Revenue is expected to grow by 5.09% on average over the next years.
EPS Next Y5.05%
EPS Next 2Y4.89%
EPS Next 3Y5.15%
EPS Next 5YN/A
Revenue Next Year9.44%
Revenue Next 2Y6.67%
Revenue Next 3Y5.09%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BY is valuated reasonably with a Price/Earnings ratio of 10.57.
Based on the Price/Earnings ratio, BY is valued a bit cheaper than 74.74% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.57. BY is valued rather cheaply when compared to this.
BY is valuated reasonably with a Price/Forward Earnings ratio of 9.79.
Based on the Price/Forward Earnings ratio, BY is valued a bit cheaper than the industry average as 63.14% of the companies are valued more expensively.
BY is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.57 | ||
| Fwd PE | 9.79 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BY is valued a bit cheaper than the industry average as 62.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.55 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BY does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.09
PEG (5Y)0.94
EPS Next 2Y4.89%
EPS Next 3Y5.15%
5. Dividend
5.1 Amount
BY has a Yearly Dividend Yield of 1.29%.
BY's Dividend Yield is slightly below the industry average, which is at 2.74.
BY's Dividend Yield is slightly below the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
5.2 History
The dividend of BY is nicely growing with an annual growth rate of 75.79%!
BY has been paying a dividend for over 5 years, so it has already some track record.
As BY did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)75.79%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
BY pays out 13.97% of its income as dividend. This is a sustainable payout ratio.
The dividend of BY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP13.97%
EPS Next 2Y4.89%
EPS Next 3Y5.15%
29.71
-0.12 (-0.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners54.47%
Inst Owner Change1.94%
Ins Owners2.57%
Ins Owner Change0.29%
Market Cap1.36B
Revenue(TTM)433.94M
Net Income(TTM)125.85M
Analysts80
Price Target34.48 (16.06%)
Short Float %1.72%
Short Ratio2.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
Yearly Dividend0.36
Dividend Growth(5Y)75.79%
DP13.97%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.77%
Min EPS beat(2)2.66%
Max EPS beat(2)10.88%
EPS beat(4)4
Avg EPS beat(4)6.26%
Min EPS beat(4)1.06%
Max EPS beat(4)10.88%
EPS beat(8)7
Avg EPS beat(8)4.87%
EPS beat(12)10
Avg EPS beat(12)4.71%
EPS beat(16)13
Avg EPS beat(16)4.32%
Revenue beat(2)2
Avg Revenue beat(2)0.53%
Min Revenue beat(2)0.28%
Max Revenue beat(2)0.79%
Revenue beat(4)3
Avg Revenue beat(4)0.4%
Min Revenue beat(4)-0.73%
Max Revenue beat(4)1.25%
Revenue beat(8)4
Avg Revenue beat(8)-0.86%
Revenue beat(12)6
Avg Revenue beat(12)-0.66%
Revenue beat(16)8
Avg Revenue beat(16)-0.77%
PT rev (1m)3.05%
PT rev (3m)4.97%
EPS NQ rev (1m)-0.07%
EPS NQ rev (3m)-0.3%
EPS NY rev (1m)0.72%
EPS NY rev (3m)2.78%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)0.89%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.57 | ||
| Fwd PE | 9.79 | ||
| P/S | 3.14 | ||
| P/FCF | 10.55 | ||
| P/OCF | 10.12 | ||
| P/B | 1.1 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.81
EY9.46%
EPS(NY)3.04
Fwd EY10.22%
FCF(TTM)2.81
FCFY9.47%
OCF(TTM)2.94
OCFY9.88%
SpS9.47
BVpS27.01
TBVpS22.19
PEG (NY)2.09
PEG (5Y)0.94
Graham Number41.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 10.17% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29% | ||
| GM | N/A | ||
| FCFM | 29.72% |
ROA(3y)1.23%
ROA(5y)1.13%
ROE(3y)11.14%
ROE(5y)9.8%
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 3Y0.08%
PM growth 5Y7.5%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.03 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 121.01% | ||
| Cap/Sales | 1.29% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 102.48% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC13.99%
ROIC/WACCN/A
Cap/Depr(3y)47.64%
Cap/Depr(5y)37.54%
Cap/Sales(3y)1.03%
Cap/Sales(5y)1.04%
Profit Quality(3y)179.64%
Profit Quality(5y)180.75%
High Growth Momentum
Growth
EPS 1Y (TTM)2.18%
EPS 3Y4.62%
EPS 5Y11.24%
EPS Q2Q%18.84%
EPS Next Y5.05%
EPS Next 2Y4.89%
EPS Next 3Y5.15%
EPS Next 5YN/A
Revenue 1Y (TTM)7.67%
Revenue growth 3Y9.41%
Revenue growth 5Y8.4%
Sales Q2Q%13.64%
Revenue Next Year9.44%
Revenue Next 2Y6.67%
Revenue Next 3Y5.09%
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-36.31%
FCF growth 3Y33.34%
FCF growth 5Y46.93%
OCF growth 1Y-34.59%
OCF growth 3Y33.03%
OCF growth 5Y42.99%
BYLINE BANCORP INC / BY FAQ
Can you provide the ChartMill fundamental rating for BYLINE BANCORP INC?
ChartMill assigns a fundamental rating of 4 / 10 to BY.
What is the valuation status of BYLINE BANCORP INC (BY) stock?
ChartMill assigns a valuation rating of 5 / 10 to BYLINE BANCORP INC (BY). This can be considered as Fairly Valued.
Can you provide the profitability details for BYLINE BANCORP INC?
BYLINE BANCORP INC (BY) has a profitability rating of 4 / 10.
What is the valuation of BYLINE BANCORP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BYLINE BANCORP INC (BY) is 10.57 and the Price/Book (PB) ratio is 1.1.
Can you provide the financial health for BY stock?
The financial health rating of BYLINE BANCORP INC (BY) is 2 / 10.