HANMI FINANCIAL CORPORATION (HAFC)
US4104952043 - Common Stock
HAFC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 407 industry peers in the Banks industry. HAFC has a medium profitability rating, but doesn't score so well on its financial health evaluation. HAFC has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally HAFC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
HAFC had positive earnings in the past year.
HAFC had a positive operating cash flow in the past year.
Each year in the past 5 years HAFC has been profitable.
In the past 5 years HAFC always reported a positive cash flow from operatings.
1.2 Ratios
HAFC's Return On Assets of 0.81% is in line compared to the rest of the industry. HAFC outperforms 53.83% of its industry peers.
HAFC has a Return On Equity (8.51%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 8.51% | ||
| ROIC | N/A |
ROA(3y)1.28%
ROA(5y)1.02%
ROE(3y)14.13%
ROE(5y)11.08%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of HAFC (26.85%) is better than 70.86% of its industry peers.
HAFC's Profit Margin has improved in the last couple of years.
HAFC 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) | 26.85% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y18.7%
PM growth 5Y2.16%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HAFC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, HAFC has less shares outstanding
Compared to 5 years ago, HAFC has less shares outstanding
The debt/assets ratio for HAFC has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of HAFC is 3.11, which is a good value as it means it would take HAFC, 3.11 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of HAFC (3.11) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.18 indicates that HAFC is not too dependend on debt financing.
The Debt to Equity ratio of HAFC (0.18) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 3.11 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.56%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for HAFC have decreased strongly by -29.25% in the last year.
Measured over the past 5 years, HAFC shows a small growth in Earnings Per Share. The EPS has been growing by 6.64% on average per year.
The Revenue for HAFC has decreased by -12.81% in the past year. This is quite bad
The Revenue has been growing slightly by 4.45% on average over the past years.
EPS 1Y (TTM)-29.25%
EPS 3Y34.78%
EPS 5Y6.64%
EPS Q2Q%-20.97%
Revenue 1Y (TTM)-12.81%
Revenue growth 3Y4.48%
Revenue growth 5Y4.45%
Sales Q2Q%-11.49%
3.2 Future
The Earnings Per Share is expected to decrease by -0.40% on average over the next years.
HAFC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.69% yearly.
EPS Next Y-22.41%
EPS Next 2Y-5.98%
EPS Next 3Y-0.4%
EPS Next 5YN/A
Revenue Next Year-8.35%
Revenue Next 2Y1.04%
Revenue Next 3Y2.69%
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
HAFC is valuated reasonably with a Price/Earnings ratio of 11.48.
Compared to the rest of the industry, the Price/Earnings ratio of HAFC indicates a somewhat cheap valuation: HAFC is cheaper than 70.62% of the companies listed in the same industry.
HAFC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.55.
HAFC is valuated reasonably with a Price/Forward Earnings ratio of 10.31.
Based on the Price/Forward Earnings ratio, HAFC is valued a bit cheaper than the industry average as 70.86% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 24.00. HAFC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.48 | ||
| Fwd PE | 10.31 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HAFC indicates a slightly more expensive valuation: HAFC is more expensive than 62.72% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.21 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.73
EPS Next 2Y-5.98%
EPS Next 3Y-0.4%
5. Dividend
5.1 Amount
HAFC has a Yearly Dividend Yield of 4.28%, which is a nice return.
HAFC's Dividend Yield is rather good when compared to the industry average which is at 3.21. HAFC pays more dividend than 81.73% of the companies in the same industry.
HAFC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
5.2 History
The dividend of HAFC has a limited annual growth rate of 0.55%.
HAFC has paid a dividend for at least 10 years, which is a reliable track record.
HAFC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.55%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
HAFC pays out 48.63% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP48.63%
EPS Next 2Y-5.98%
EPS Next 3Y-0.4%
HANMI FINANCIAL CORPORATION
NASDAQ:HAFC (12/26/2024, 8:19:13 PM)
After market: 23.88 0 (0%)23.88
+0.08 (+0.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners91.55%
Inst Owner Change0.65%
Ins Owners1.75%
Ins Owner Change-0.01%
Market Cap721.18M
Analysts78.33
Price Target24.99 (4.65%)
Short Float %2.06%
Short Ratio3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
Dividend Growth(5Y)0.55%
DP48.63%
Div Incr Years3
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.15%
Min EPS beat(2)-0.61%
Max EPS beat(2)0.3%
EPS beat(4)2
Avg EPS beat(4)-1.35%
Min EPS beat(4)-6.03%
Max EPS beat(4)0.93%
EPS beat(8)4
Avg EPS beat(8)-0.49%
EPS beat(12)8
Avg EPS beat(12)10.1%
EPS beat(16)12
Avg EPS beat(16)16.85%
Revenue beat(2)0
Avg Revenue beat(2)-4.06%
Min Revenue beat(2)-5.34%
Max Revenue beat(2)-2.78%
Revenue beat(4)0
Avg Revenue beat(4)-4.57%
Min Revenue beat(4)-7.13%
Max Revenue beat(4)-2.78%
Revenue beat(8)1
Avg Revenue beat(8)-3.68%
Revenue beat(12)3
Avg Revenue beat(12)-2.19%
Revenue beat(16)7
Avg Revenue beat(16)-0.64%
PT rev (1m)17.79%
PT rev (3m)16.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.14%
EPS NY rev (1m)0.27%
EPS NY rev (3m)1.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.48 | ||
| Fwd PE | 10.31 | ||
| P/S | 3.09 | ||
| P/FCF | 17.21 | ||
| P/OCF | 15.74 | ||
| P/B | 0.98 | ||
| P/tB | 1 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.08
EY8.71%
EPS(NY)2.32
Fwd EY9.7%
FCF(TTM)1.39
FCFY5.81%
OCF(TTM)1.52
OCFY6.35%
SpS7.73
BVpS24.39
TBVpS23.81
PEG (NY)N/A
PEG (5Y)1.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 8.51% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 26.85% | ||
| GM | N/A | ||
| FCFM | 17.96% |
ROA(3y)1.28%
ROA(5y)1.02%
ROE(3y)14.13%
ROE(5y)11.08%
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 3Y18.7%
PM growth 5Y2.16%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 3.11 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 46.31% | ||
| Cap/Sales | 1.67% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 66.88% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC12.56%
ROIC/WACCN/A
Cap/Depr(3y)21.65%
Cap/Depr(5y)24.36%
Cap/Sales(3y)0.93%
Cap/Sales(5y)1.11%
Profit Quality(3y)123.2%
Profit Quality(5y)135.77%
High Growth Momentum
Growth
EPS 1Y (TTM)-29.25%
EPS 3Y34.78%
EPS 5Y6.64%
EPS Q2Q%-20.97%
EPS Next Y-22.41%
EPS Next 2Y-5.98%
EPS Next 3Y-0.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.81%
Revenue growth 3Y4.48%
Revenue growth 5Y4.45%
Sales Q2Q%-11.49%
Revenue Next Year-8.35%
Revenue Next 2Y1.04%
Revenue Next 3Y2.69%
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-66.9%
FCF growth 3Y23.61%
FCF growth 5Y7.65%
OCF growth 1Y-64.38%
OCF growth 3Y21.43%
OCF growth 5Y7.07%