* Note: Prices are in Million (M) USD.
Description:
HarborOne Bancorp, Inc. is the holding company of HarborOne Bank providing financial services to individuals, families, small and medium-sized businesses and municipalities. The company is headquartered in Brockton, Massachusetts.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Cash : $231 M
Debt : $517 M
EBITDA : $0 M
Net Debt (Debt - Cash): $285 M
This criteria used industry in which company operates:
Sector: Financials
Industry: Banks - Regional
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Forward PE Ratio: 17.62
Since Forward PE Ratio is between 15 - 20, 3 points assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Average Free Cash Flow: $44 M
Average Revenue: $195 M
Revenue Converted To Free Cash FLow(%): 23%
Avg Free Cash Flow Growth Per Year (Last 5 Years): 119.04%
Since Free Cash Flow (FCF) to Revenue percentage is greater than 15, 3 points assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2024-12-31): $314 M
Revenue 4 Years Ago (2020-12-31): $276 M
Last 5 Years Average Revenue Growth: 3%
Since Revenue Growth is between 0 - 5, 1 point assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2024-12-31): $41 M
Share Count 5 Years Ago (2020-12-31): $54 M
Company is buying back its own shares, 3 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $0.68
Trailing 12-Month Earnings Per Share (EPS): $0.63
Average Earnings Per Share (EPS): $0.66
Dividend Per Share (DPS): $0
Payout Ratio: 24%
Dividend Yield: 1%
Since company Payout Ratio is less than 50, 2 points assigned.
Since Dividend Yield is greater than 1, 1 point assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Average ROE: 4%
Since Average ROE is less than 10, 1 point assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $12
52-Week Low: $9
Threshold Price (15% Above 52-Week Low): $10
Since Current price is not within 15% threshold, 0 point assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $515 M
Since Market Cap is less than 10B, 1 point assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 1% exposure of Total Portfolio.
Value-Trade has assigned 18 points to above HarborOne Bancorp Inc (HONE) stock.
Last 9 Years Avg PE (Limited to last 9 years of EPS data) 26, Fair Value PE 12, Industry Based PE is 13 and Growth based PE is 10. Based on these all values average assigned is 15.25.
Value-Trades has assined P/E value 15.25. Since an average (Current Year EPS + Next Year EPS) earning per share is $0.66.
The fair value of HarborOne Bancorp Inc (HONE) stock should be (15.25 x $0.66) = $10.07
