Unity Bancorp, Inc. (UNTY)
Total Valuation
Unity Bancorp has a market cap or net worth of $277.66 million. The enterprise value is $449.63 million.
Market Cap | 277.66M |
Enterprise Value | 449.63M |
Important Dates
The next estimated earnings date is Monday, April 15, 2024, before market open.
Earnings Date | Apr 15, 2024 |
Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
Unity Bancorp has 10.14 million shares outstanding. The number of shares has decreased by -3.43% in one year.
Shares Outstanding | 10.14M |
Shares Change (YoY) | -3.43% |
Shares Change (QoQ) | -0.48% |
Owned by Insiders (%) | 28.80% |
Owned by Institutions (%) | 49.01% |
Float | 6.28M |
Valuation Ratios
The trailing PE ratio is 7.25 and the forward PE ratio is 7.22.
PE Ratio | 7.25 |
Forward PE | 7.22 |
PS Ratio | 2.78 |
Forward PS | 2.58 |
PB Ratio | 1.06 |
P/FCF Ratio | 6.04 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.12, with an EV/FCF ratio of 9.78.
EV / Earnings | 11.32 |
EV / Sales | 4.50 |
EV / EBITDA | 8.12 |
EV / EBIT | 8.48 |
EV / FCF | 9.78 |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | 1.40 |
Debt / EBITDA | 6.62 |
Debt / FCF | 7.98 |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 15.90% and return on invested capital (ROIC) is 6.32%.
Return on Equity (ROE) | 15.90% |
Return on Assets (ROA) | 1.60% |
Return on Capital (ROIC) | 6.32% |
Revenue Per Employee | $440,401 |
Profits Per Employee | $174,921 |
Employee Count | 227 |
Asset Turnover | 0.04 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, Unity Bancorp has paid $13.29 million in taxes.
Income Tax | 13.29M |
Effective Tax Rate | 25.07% |
Stock Price Statistics
The stock price has increased by +20.93% in the last 52 weeks. The beta is 1.07, so Unity Bancorp's price volatility has been similar to the market average.
Beta (1Y) | 1.07 |
52-Week Price Change | +20.93% |
50-Day Moving Average | 27.81 |
200-Day Moving Average | 25.92 |
Relative Strength Index (RSI) | 50.99 |
Average Volume (30 Days) | 17,673 |
Short Selling Information
The latest short interest is 99,206, so 0.98% of the outstanding shares have been sold short.
Short Interest | 99,206 |
Short Previous Month | 44,527 |
Short % of Shares Out | 0.98% |
Short % of Float | 1.58% |
Short Ratio (days to cover) | 3.23 |
Income Statement
In the last 12 months, Unity Bancorp had revenue of $99.97 million and earned $39.71 million in profits. Earnings per share was $3.84.
Revenue | 99.97M |
Gross Profit | 99.97M |
Operating Income | 53.00M |
Pretax Income | 53.00M |
Net Income | 39.71M |
EBITDA | 55.38M |
EBIT | 53.00M |
Earnings Per Share (EPS) | $3.84 |
Balance Sheet
The company has $194.78 million in cash and $366.75 million in debt, giving a net cash position of -$171.97 million or -$16.96 per share.
Cash & Cash Equivalents | 194.78M |
Total Debt | 366.75M |
Net Cash | -171.97M |
Net Cash Per Share | -$16.96 |
Equity / Book Value | 261.43M |
Book Value Per Share | 25.78 |
Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $46.91 million and capital expenditures -$955,000, giving a free cash flow of $45.95 million.
Operating Cash Flow | 46.91M |
Capital Expenditures | -955,000 |
Free Cash Flow | 45.95M |
FCF Per Share | $4.50 |
Margins
Gross margin is 100.00%, with operating and profit margins of 53.01% and 39.72%.
Gross Margin | 100.00% |
Operating Margin | 53.01% |
Pretax Margin | 53.01% |
Profit Margin | 39.72% |
EBITDA Margin | 55.39% |
EBIT Margin | 53.01% |
FCF Margin | 45.97% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 1.87%.
Dividend Per Share | $0.52 |
Dividend Yield | 1.87% |
Dividend Growth (YoY) | 8.89% |
Years of Dividend Growth | 10 |
Payout Ratio | 13.54% |
Buyback Yield | 3.43% |
Shareholder Yield | 5.30% |
Earnings Yield | 14.30% |
FCF Yield | 16.55% |
Analyst Forecast
The average price target for Unity Bancorp is $31.50, which is 13.11% higher than the current price. The consensus rating is "Buy".
Price Target | $31.50 |
Price Target Difference | 13.11% |
Analyst Consensus | Buy |
Analyst Count | 1 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on September 13, 2016. It was a forward split with a ratio of 11:10.
Last Split Date | Sep 13, 2016 |
Split Type | Forward |
Split Ratio | 11:10 |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 5 |