FIRST BANCORP PUERTO RICO (FBP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FBP - PR3186727065 - Common Stock
21.2 USD
-0.11 (-0.52%)
21.2 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to FBP. FBP was compared to 388 industry peers in the Banks industry. FBP has only an average score on both its financial health and profitability. FBP has a correct valuation and a medium growth rate. FBP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FBP was profitable.
FBP had a positive operating cash flow in the past year.
Each year in the past 5 years FBP has been profitable.
In the past 5 years FBP always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.73%, FBP belongs to the top of the industry, outperforming 94.07% of the companies in the same industry.
FBP's Return On Equity of 17.39% is amongst the best of the industry. FBP outperforms 96.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 17.39% | ||
| ROIC | N/A |
ROA(3y)1.6%
ROA(5y)1.33%
ROE(3y)20.38%
ROE(5y)15.74%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 33.85%, FBP belongs to the best of the industry, outperforming 88.14% of the companies in the same industry.
In the last couple of years the Profit Margin of FBP has grown nicely.
FBP 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) | 33.85% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.76%
PM growth 5Y4.92%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FBP does not have a ROIC to compare to the WACC, probably because it is not profitable.
FBP has less shares outstanding than it did 1 year ago.
FBP has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, FBP has an improved debt to assets ratio.
2.2 Solvency
FBP has a debt to FCF ratio of 0.68. This is a very positive value and a sign of high solvency as it would only need 0.68 years to pay back of all of its debts.
The Debt to FCF ratio of FBP (0.68) is better than 76.55% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that FBP is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.15, FBP is in line with its industry, outperforming 53.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.85%
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 grown by an nice 11.96% over the past year.
The Earnings Per Share has been growing by 19.59% on average over the past years. This is quite good.
FBP shows a small growth in Revenue. In the last year, the Revenue has grown by 6.27%.
Measured over the past years, FBP shows a small growth in Revenue. The Revenue has been growing by 7.36% on average per year.
EPS 1Y (TTM)11.96%
EPS 3Y8.94%
EPS 5Y19.59%
EPS Q2Q%40%
Revenue 1Y (TTM)6.27%
Revenue growth 3Y3.3%
Revenue growth 5Y7.36%
Sales Q2Q%7.85%
3.2 Future
The Earnings Per Share is expected to grow by 8.65% on average over the next years. This is quite good.
Based on estimates for the next years, FBP will show a quite strong growth in Revenue. The Revenue will grow by 10.88% on average per year.
EPS Next Y15.51%
EPS Next 2Y8.37%
EPS Next 3Y8.65%
EPS Next 5YN/A
Revenue Next Year24.94%
Revenue Next 2Y14%
Revenue Next 3Y10.88%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.29, which indicates a very decent valuation of FBP.
FBP's Price/Earnings ratio is a bit cheaper when compared to the industry. FBP is cheaper than 78.87% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. FBP is valued rather cheaply when compared to this.
FBP is valuated reasonably with a Price/Forward Earnings ratio of 9.97.
FBP's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of FBP to the average of the S&P500 Index (23.46), we can say FBP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.29 | ||
| Fwd PE | 9.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FBP indicates a rather cheap valuation: FBP is cheaper than 80.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.8 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FBP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.66
PEG (5Y)0.53
EPS Next 2Y8.37%
EPS Next 3Y8.65%
5. Dividend
5.1 Amount
FBP has a Yearly Dividend Yield of 3.38%. Purely for dividend investing, there may be better candidates out there.
FBP's Dividend Yield is a higher than the industry average which is at 2.74.
Compared to an average S&P500 Dividend Yield of 2.00, FBP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.38% |
5.2 History
On average, the dividend of FBP grows each year by 33.03%, which is quite nice.
FBP has paid a dividend for at least 10 years, which is a reliable track record.
FBP has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)33.03%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
34.06% of the earnings are spent on dividend by FBP. This is a low number and sustainable payout ratio.
The dividend of FBP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP34.06%
EPS Next 2Y8.37%
EPS Next 3Y8.65%
21.2
-0.11 (-0.52%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners99.54%
Inst Owner Change1.27%
Ins Owners2.07%
Ins Owner Change-2.17%
Market Cap3.35B
Revenue(TTM)985.12M
Net Income(TTM)333.47M
Analysts80
Price Target24.82 (17.08%)
Short Float %4.18%
Short Ratio5.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.38% |
Yearly Dividend0.63
Dividend Growth(5Y)33.03%
DP34.06%
Div Incr Years6
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.11%
Min EPS beat(2)8.09%
Max EPS beat(2)28.14%
EPS beat(4)4
Avg EPS beat(4)14.19%
Min EPS beat(4)8.09%
Max EPS beat(4)28.14%
EPS beat(8)8
Avg EPS beat(8)15.67%
EPS beat(12)11
Avg EPS beat(12)13.46%
EPS beat(16)15
Avg EPS beat(16)12.51%
Revenue beat(2)0
Avg Revenue beat(2)-9.75%
Min Revenue beat(2)-13.15%
Max Revenue beat(2)-6.35%
Revenue beat(4)1
Avg Revenue beat(4)-2.16%
Min Revenue beat(4)-13.15%
Max Revenue beat(4)16.77%
Revenue beat(8)1
Avg Revenue beat(8)-3.15%
Revenue beat(12)3
Avg Revenue beat(12)-0.75%
Revenue beat(16)7
Avg Revenue beat(16)3.36%
PT rev (1m)0%
PT rev (3m)-2.67%
EPS NQ rev (1m)0.61%
EPS NQ rev (3m)-0.33%
EPS NY rev (1m)3.24%
EPS NY rev (3m)5.52%
Revenue NQ rev (1m)2.89%
Revenue NQ rev (3m)1.5%
Revenue NY rev (1m)3.16%
Revenue NY rev (3m)2.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.29 | ||
| Fwd PE | 9.97 | ||
| P/S | 3.4 | ||
| P/FCF | 7.8 | ||
| P/OCF | 7.64 | ||
| P/B | 1.75 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.06
EY9.72%
EPS(NY)2.13
Fwd EY10.03%
FCF(TTM)2.72
FCFY12.83%
OCF(TTM)2.77
OCFY13.08%
SpS6.24
BVpS12.14
TBVpS11.73
PEG (NY)0.66
PEG (5Y)0.53
Graham Number23.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 17.39% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 33.85% | ||
| GM | N/A | ||
| FCFM | 43.6% |
ROA(3y)1.6%
ROA(5y)1.33%
ROE(3y)20.38%
ROE(5y)15.74%
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 3Y-0.76%
PM growth 5Y4.92%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 0.68 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 38.46% | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 128.81% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC12.85%
ROIC/WACCN/A
Cap/Depr(3y)61.95%
Cap/Depr(5y)56.86%
Cap/Sales(3y)1.91%
Cap/Sales(5y)1.91%
Profit Quality(3y)127.34%
Profit Quality(5y)160.82%
High Growth Momentum
Growth
EPS 1Y (TTM)11.96%
EPS 3Y8.94%
EPS 5Y19.59%
EPS Q2Q%40%
EPS Next Y15.51%
EPS Next 2Y8.37%
EPS Next 3Y8.65%
EPS Next 5YN/A
Revenue 1Y (TTM)6.27%
Revenue growth 3Y3.3%
Revenue growth 5Y7.36%
Sales Q2Q%7.85%
Revenue Next Year24.94%
Revenue Next 2Y14%
Revenue Next 3Y10.88%
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 1Y17.84%
FCF growth 3Y0.66%
FCF growth 5Y7.72%
OCF growth 1Y12.49%
OCF growth 3Y0.37%
OCF growth 5Y6.55%
FIRST BANCORP PUERTO RICO / FBP FAQ
What is the fundamental rating for FBP stock?
ChartMill assigns a fundamental rating of 5 / 10 to FBP.
What is the valuation status of FIRST BANCORP PUERTO RICO (FBP) stock?
ChartMill assigns a valuation rating of 6 / 10 to FIRST BANCORP PUERTO RICO (FBP). This can be considered as Fairly Valued.
How profitable is FIRST BANCORP PUERTO RICO (FBP) stock?
FIRST BANCORP PUERTO RICO (FBP) has a profitability rating of 5 / 10.
What is the valuation of FIRST BANCORP PUERTO RICO based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FIRST BANCORP PUERTO RICO (FBP) is 10.29 and the Price/Book (PB) ratio is 1.75.
What is the financial health of FIRST BANCORP PUERTO RICO (FBP) stock?
The financial health rating of FIRST BANCORP PUERTO RICO (FBP) is 4 / 10.