CENTRAL PACIFIC FINANCIAL CO (CPF) Stock Fundamental Analysis
NYSE:CPF - New York Stock Exchange, Inc. - US1547604090 - Common Stock - Currency: USD
Overall CPF gets a fundamental rating of 4 out of 10. We evaluated CPF against 404 industry peers in the Banks industry. Both the profitability and financial health of CPF have multiple concerns. CPF is not valued too expensively and it also shows a decent growth rate. Finally CPF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CPF was profitable.
CPF had a positive operating cash flow in the past year.
In the past 5 years CPF has always been profitable.
Each year in the past 5 years CPF had a positive operating cash flow.
1.2 Ratios
CPF has a Return On Assets of 0.71%. This is comparable to the rest of the industry: CPF outperforms 41.83% of its industry peers.
With a decent Return On Equity value of 9.92%, CPF is doing good in the industry, outperforming 68.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 9.92% | ||
| ROIC | N/A |
ROA(3y)0.83%
ROA(5y)0.82%
ROE(3y)12.63%
ROE(5y)11.81%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CPF's Profit Margin of 21.33% is in line compared to the rest of the industry. CPF outperforms 43.81% of its industry peers.
In the last couple of years the Profit Margin of CPF has declined.
CPF 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) | 21.33% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.75%
PM growth 5Y-3.53%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CPF does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CPF has about the same amount of shares outstanding.
CPF has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CPF is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of CPF is 1.41, which is an excellent value as it means it would take CPF, only 1.41 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CPF (1.41) is better than 67.57% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that CPF is not too dependend on debt financing.
CPF has a Debt to Equity ratio (0.20) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.67%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CPF shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.22%.
CPF shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.60% yearly.
CPF shows a decrease in Revenue. In the last year, the revenue decreased by -2.42%.
CPF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.86% yearly.
EPS 1Y (TTM)-9.22%
EPS 3Y-11.48%
EPS 5Y-0.6%
EPS Q2Q%-23.64%
Revenue 1Y (TTM)-2.42%
Revenue growth 3Y-0.92%
Revenue growth 5Y1.86%
Sales Q2Q%13.17%
3.2 Future
The Earnings Per Share is expected to grow by 25.05% on average over the next years. This is a very strong growth
Based on estimates for the next years, CPF will show a quite strong growth in Revenue. The Revenue will grow by 9.06% on average per year.
EPS Next Y40.99%
EPS Next 2Y25.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.7%
Revenue Next 2Y9.06%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.80 indicates a correct valuation of CPF.
CPF's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of CPF to the average of the S&P500 Index (29.35), we can say CPF is valued rather cheaply.
CPF is valuated reasonably with a Price/Forward Earnings ratio of 9.79.
68.07% of the companies in the same industry are more expensive than CPF, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, CPF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.8 | ||
| Fwd PE | 9.79 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CPF is valued a bit cheaper than the industry average as 66.58% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.75 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CPF'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 CPF's earnings are expected to grow with 25.05% in the coming years.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y25.05%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.93%, CPF has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.34, CPF pays a bit more dividend than its industry peers.
CPF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
5.2 History
The dividend of CPF has a limited annual growth rate of 3.01%.
CPF has paid a dividend for at least 10 years, which is a reliable track record.
CPF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.01%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
52.69% of the earnings are spent on dividend by CPF. This is a bit on the high side, but may be sustainable.
The dividend of CPF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.69%
EPS Next 2Y25.05%
EPS Next 3YN/A
27.18
-0.28 (-1.02%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners94.83%
Inst Owner Change0.11%
Ins Owners2.78%
Ins Owner Change1.71%
Market Cap735.76M
Analysts76.67
Price Target32.64 (20.09%)
Short Float %2.92%
Short Ratio3.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
Yearly Dividend1.04
Dividend Growth(5Y)3.01%
DP52.69%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-22.87%
Min EPS beat(2)-32.38%
Max EPS beat(2)-13.37%
EPS beat(4)2
Avg EPS beat(4)-4.81%
Min EPS beat(4)-32.38%
Max EPS beat(4)20.9%
EPS beat(8)4
Avg EPS beat(8)-0.8%
EPS beat(12)7
Avg EPS beat(12)3.33%
EPS beat(16)11
Avg EPS beat(16)8.49%
Revenue beat(2)2
Avg Revenue beat(2)2.26%
Min Revenue beat(2)0.12%
Max Revenue beat(2)4.41%
Revenue beat(4)3
Avg Revenue beat(4)1.25%
Min Revenue beat(4)-1.07%
Max Revenue beat(4)4.41%
Revenue beat(8)4
Avg Revenue beat(8)2.1%
Revenue beat(12)8
Avg Revenue beat(12)8.25%
Revenue beat(16)12
Avg Revenue beat(16)11.25%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.53%
EPS NY rev (1m)8.91%
EPS NY rev (3m)8.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.8 | ||
| Fwd PE | 9.79 | ||
| P/S | 2.94 | ||
| P/FCF | 9.75 | ||
| P/OCF | 8.13 | ||
| P/B | 1.37 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.97
EY7.25%
EPS(NY)2.78
Fwd EY10.22%
FCF(TTM)2.79
FCFY10.25%
OCF(TTM)3.34
OCFY12.3%
SpS9.25
BVpS19.89
TBVpS19.58
PEG (NY)0.34
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 9.92% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 21.33% | ||
| GM | N/A | ||
| FCFM | 30.12% |
ROA(3y)0.83%
ROA(5y)0.82%
ROE(3y)12.63%
ROE(5y)11.81%
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-11.75%
PM growth 5Y-3.53%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.41 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 193.12% | ||
| Cap/Sales | 6.03% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 141.22% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC12.67%
ROIC/WACCN/A
Cap/Depr(3y)194.83%
Cap/Depr(5y)201.12%
Cap/Sales(3y)5.98%
Cap/Sales(5y)7.4%
Profit Quality(3y)142.75%
Profit Quality(5y)134.99%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.22%
EPS 3Y-11.48%
EPS 5Y-0.6%
EPS Q2Q%-23.64%
EPS Next Y40.99%
EPS Next 2Y25.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.42%
Revenue growth 3Y-0.92%
Revenue growth 5Y1.86%
Sales Q2Q%13.17%
Revenue Next Year11.7%
Revenue Next 2Y9.06%
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-18.42%
FCF growth 3Y-5.12%
FCF growth 5Y3.02%
OCF growth 1Y-13.88%
OCF growth 3Y-6.43%
OCF growth 5Y4.63%