BYLINE BANCORP INC (BY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BY - US1244111092 - Common Stock
29.83 USD
+0.06 (+0.2%)
29.83 USD
0 (0%)
Taking everything into account, BY scores 4 out of 10 in our fundamental rating. BY was compared to 388 industry peers in the Banks industry. There are concerns on the financial health of BY while its profitability can be described as average. BY has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BY had positive earnings in the past year.
BY had a positive operating cash flow in the past year.
In the past 5 years BY has always been profitable.
BY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.28%, BY belongs to the top of the industry, outperforming 81.44% of the companies in the same industry.
With a decent Return On Equity value of 10.17%, BY is doing good in the industry, outperforming 64.69% of the companies in the same industry.
| 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
With a decent Profit Margin value of 29.00%, BY is doing good in 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.
BY has more shares outstanding than it did 1 year ago.
BY has more shares outstanding than it did 5 years ago.
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 of 2.03. This is comparable to the rest of the industry: BY outperforms 47.42% of its industry peers.
A Debt/Equity ratio of 0.21 indicates that BY is not too dependend on debt financing.
BY has a Debt to Equity ratio (0.21) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 2.03 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.18%.
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.
BY shows a small growth in Revenue. In the last year, the Revenue has grown by 7.67%.
The Revenue has been growing by 8.40% on average over the past years. This is quite good.
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
Based on estimates for the next years, BY will show a small growth in Earnings Per Share. The EPS will grow by 5.15% on average per year.
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
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
BY is valuated reasonably with a Price/Earnings ratio of 10.62.
75.26% of the companies in the same industry are more expensive than BY, based on the Price/Earnings ratio.
BY is valuated cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.82, the valuation of BY can be described as reasonable.
Based on the Price/Forward Earnings ratio, BY is valued a bit cheaper than 63.14% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BY to the average of the S&P500 Index (24.03), we can say BY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
BY's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BY is cheaper than 62.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.6 | ||
| 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)2.1
PEG (5Y)0.94
EPS Next 2Y4.89%
EPS Next 3Y5.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.29%, BY has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.74, BY is paying slightly less dividend.
BY's Dividend Yield is slightly below the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
5.2 History
On average, the dividend of BY grows each year by 75.79%, which is quite nice.
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%
29.83
+0.06 (+0.2%)
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 Cap1.37B
Revenue(TTM)433.94M
Net Income(TTM)125.85M
Analysts80
Price Target34.48 (15.59%)
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 | 10.62 | ||
| Fwd PE | 9.82 | ||
| P/S | 3.15 | ||
| P/FCF | 10.6 | ||
| P/OCF | 10.16 | ||
| P/B | 1.1 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.81
EY9.42%
EPS(NY)3.04
Fwd EY10.18%
FCF(TTM)2.81
FCFY9.44%
OCF(TTM)2.94
OCFY9.84%
SpS9.47
BVpS27.01
TBVpS22.19
PEG (NY)2.1
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
WACC14%
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 10.62 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.