Unity Bancorp, Inc. (UNTY)

NASDAQ: UNTY · IEX Real-Time Price · USD
28.18
0.11 (0.39%)
May 25, 2022 4:00 PM EDT - Market closed

Total Valuation

Unity Bancorp has a market cap or net worth of $295.74 million. The enterprise value is $158.32 million.

Market Cap295.74M
Enterprise Value158.32M

Important Dates

The next earnings date is Wednesday, July 13, 2022, before market open.

Estimated Earnings DateJul 13, 2022
Ex-Dividend DateJun 9, 2022

Share Statistics

Unity Bancorp has 10.49 million shares outstanding. The number of shares has increased by 0.09% in one year.

Shares Outstanding10.49M
Shares Change (YoY)+0.09%
Shares Change (QoQ)+0.67%
Owned by Insiders (%)29.75%
Owned by Institutions (%)48.60%
Float6.03M

Valuation Ratios

PE Ratio8.10
Forward PE8.14
PS Ratio3.29
PB Ratio1.38
P/FCF Ratio16.10
PEG Ration/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.15, with a EV/FCF ratio of 8.62.

EV / Earnings4.31
EV / Sales1.76
EV / EBITDA3.15
EV / EBIT3.26
EV / FCF8.62

Financial Position

The company has a current ratio of n/a, with a Debt / Equity ratio of 0.23.

Current Ration/a
Quick Ration/a
Debt / Equity0.23
Debt / EBITDA1.00
Debt / FCF2.74

Financial Efficiency

Return on equity (ROE) is 18.20%, which is considered high. The company has a high ROIC of 2.60%.

Return on Equity (ROE)18.20%
Return on Assets (ROA)1.80%
Return on Capital (ROIC)2.60%
Revenue Per Employee$430,565
Profits Per Employee$175,746
Employee Count209
Asset Turnover0.05
Inventory Turnovern/a

Taxes

In the past 12 months, Unity Bancorp has paid $11.87 million in taxes.

Income Tax11.87M
Effective Tax Rate24.42%

Stock Price Statistics

The stock price has increased by +19.36% in the last 52 weeks. The beta is 1.08, so Unity Bancorp's price volatility has been similar to the market average.

Beta (1Y)1.08
52-Week Price Change+19.36%
50-Day Moving Average28.38
200-Day Moving Average27.76
Average Volume (30 Days)32,743

Short Selling Information

The latest short interest is 15,655, so 0.15% of the outstanding shares have been sold short.

Short Interest15,655
Short % of Shares Out0.15%
Short % of Float0.26%
Short Ratio (days to cover)0.69

Income Statement

In the last 12 months, Unity Bancorp had revenue of $89.99 million and earned 36.73 million in profits. Earnings per share was $3.48.

Revenue89.99M
Gross Profit89.99M
Operating Income48.60M
Pretax Income48.60M
Net Income36.73M
EBITDA50.19M
EBIT48.60M
Earnings Per Share (EPS)$3.48
Full Income Statement

Balance Sheet

The company has $187.73 million in cash and $50.31 million in debt, giving a net cash position of $137.42 million or $13.09 per share.

Cash & Cash Equivalents187.73M
Total Debt50.31M
Net Cash137.42M
Net Cash Per Share$13.09
Book Value214.93M
Book Value Per Share20.48
Working Capitaln/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $19.44 million and capital expenditures -$1.07 million, giving a free cash flow of $18.37 million.

Operating Cash Flow19.44M
Capital Expenditures-1.07M
Free Cash Flow18.37M
FCF Per Share$1.75
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 54.01% and 40.82%.

Gross Margin100.00%
Operating Margin54.01%
Pretax Margin54.01%
Profit Margin40.82%
EBITDA Margin55.77%
EBIT Margin54.01%
FCF Margin20.42%

Dividends & Yields

This stock pays an annual dividend of $0.38, which amounts to a dividend yield of 1.35%.

Dividend Per Share$0.38
Dividend Yield1.35%
Earnings Yield12.42%
FCF Yield6.21%
Dividend Growth (YoY)25.00%
Payout Ratio10.80%
Buyback Yield-0.94%
Shareholder Yield0.41%
Dividend Details

Analyst Forecast

The average price target for Unity Bancorp is $35.36, which is 25.48% higher than the current price. The consensus rating is "Buy".

Price Target$35.36
Price Target Difference25.48%
Analyst ConsensusBuy
Analyst Count9
Stock Forecasts

Stock Splits

The last stock split was on September 13, 2016. It was a forward split with a ratio of 11:10.

Last Split DateSep 13, 2016
Split TypeForward
Split Ratio11:10