ConnectOne Bancorp Valuation
| CNOB Stock | USD 19.73 0.32 1.65% |
At this time, the firm appears to be undervalued. ConnectOne Bancorp shows a prevailing Real Value of $21.55 per share. The current price of the firm is $19.73. Our model approximates the value of ConnectOne Bancorp from analyzing the firm fundamentals such as Return On Equity of 0.0726, current valuation of 1.57 B, and Profit Margin of 0.33 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor taking in undervalued instruments and trading overvalued instruments since, at some point, asset prices and their ongoing real values will blend. Key fundamental drivers impacting ConnectOne Bancorp's valuation include:
Price Book 0.6192 | Enterprise Value 1.6 B | Price Sales 2.624 | Forward PE 10.2145 | Trailing PE 9.3768 |
Undervalued
Today
Please note that ConnectOne Bancorp's price fluctuation is very steady at this time. Calculation of the real value of ConnectOne Bancorp is based on 3 months time horizon. Increasing ConnectOne Bancorp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for ConnectOne Bancorp is useful when determining the fair value of the ConnectOne stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of ConnectOne Bancorp. Since ConnectOne Bancorp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ConnectOne Stock. However, ConnectOne Bancorp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 19.73 | Real 21.55 | Target 22.8 | Hype 19.7 | Naive 19.52 |
The real value of ConnectOne Stock, also known as its intrinsic value, is the underlying worth of ConnectOne Bancorp Company, which is reflected in its stock price. It is based on ConnectOne Bancorp's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of ConnectOne Bancorp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ConnectOne Bancorp's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of ConnectOne Bancorp helps investors to forecast how ConnectOne stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ConnectOne Bancorp more accurately as focusing exclusively on ConnectOne Bancorp's fundamentals will not take into account other important factors: Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use ConnectOne Bancorp's intrinsic value based on its ongoing forecasts of ConnectOne Bancorp's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against ConnectOne Bancorp's closest peers. When choosing an evaluation method for ConnectOne Bancorp, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.
ConnectOne Bancorp Investments |
|
ConnectOne Valuation Trend
Knowing ConnectOne Bancorp's actual value is paramount for traders to make sound investment determinations. ConnectOne Bancorp's real value is not only important for the investor to make better decisions but also for a more accurate overall view of ConnectOne Bancorp's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both ConnectOne Bancorp's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.
ConnectOne Market Cap
ConnectOne Bancorp is rated second in market capitalization category among related companies. Market capitalization of Financials industry is currently estimated at about 7.03 Billion. ConnectOne Bancorp retains roughly 744.05 Million in market capitalization claiming about 11% of equities under Financials industry.ConnectOne Bancorp Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining ConnectOne Bancorp's current stock value. Our valuation model uses many indicators to compare ConnectOne Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ConnectOne Bancorp competition to find correlations between indicators driving ConnectOne Bancorp's intrinsic value. More Info.ConnectOne Bancorp is rated below average in price to earning category among related companies. It is rated below average in price to book category among related companies fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ConnectOne Bancorp is roughly 16.72 . As of April 25, 2024, Price To Book Ratio is expected to decline to 0.69. Comparative valuation analysis is a catch-all model that can be used if you cannot value ConnectOne Bancorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ConnectOne Bancorp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ConnectOne Bancorp's earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates ConnectOne Bancorp's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in ConnectOne Bancorp and how it compares across the competition.
About ConnectOne Bancorp Valuation
The stock valuation mechanism determines the current worth of ConnectOne Bancorp on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of ConnectOne Bancorp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of ConnectOne Bancorp based exclusively on its fundamental and basic technical indicators. By analyzing ConnectOne Bancorp's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of ConnectOne Bancorp's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of ConnectOne Bancorp. We calculate exposure to ConnectOne Bancorp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ConnectOne Bancorp's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 373.7 M | 392.4 M | |
| Pretax Profit Margin | 0.23 | 0.28 | |
| Operating Profit Margin | 0.34 | 0.30 | |
| Net Profit Margin | 0.17 | 0.22 | |
| Gross Profit Margin | 0.67 | 0.59 |
ConnectOne Bancorp Quarterly Retained Earnings |
|
8 Steps to conduct ConnectOne Bancorp's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates ConnectOne Bancorp's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct ConnectOne Bancorp's valuation analysis, follow these 8 steps:- Gather financial information: Obtain ConnectOne Bancorp's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine ConnectOne Bancorp's revenue streams: Identify ConnectOne Bancorp's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research ConnectOne Bancorp's industry and market trends, including the size of the market, growth rate, and competition.
- Establish ConnectOne Bancorp's growth potential: Evaluate ConnectOne Bancorp's management, business model, and growth potential.
- Determine ConnectOne Bancorp's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate ConnectOne Bancorp's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
A single share of ConnectOne Bancorp represents a small ownership stake in the entity. As a stockholder of ConnectOne, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
ConnectOne Bancorp Dividends Analysis For Valuation
At present, ConnectOne Bancorp's Dividends Paid is projected to increase significantly based on the last few years of reporting. The current year's Dividend Payout Ratio is expected to grow to 0.46, whereas Dividend Yield is forecasted to decline to 0.03. . At present, ConnectOne Bancorp's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings Total Equity is expected to grow to about 647.1 M, whereas Earning Assets are forecasted to decline to about 485.1 M.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 31.9 M | 33.5 M | |
| Dividend Yield | 0.04 | 0.03 | |
| Dividend Payout Ratio | 0.37 | 0.46 | |
| Dividend Paid And Capex Coverage Ratio | 3.36 | 5.59 |
There are various types of dividends ConnectOne Bancorp can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of ConnectOne shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from ConnectOne Bancorp directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When ConnectOne pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of ConnectOne Bancorp by the value of the dividends paid out.
ConnectOne Bancorp Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as ConnectOne Bancorp does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 39 M | |
| Quarterly Earnings Growth Y O Y | -0.412 | |
| Forward Price Earnings | 10.2145 |
ConnectOne Bancorp Current Valuation Indicators
Valuation refers to the process of determining the present value of ConnectOne Bancorp and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value ConnectOne we look at many different elements of the entity such as ConnectOne's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. ConnectOne Bancorp's valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final ConnectOne Bancorp's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as ConnectOne Bancorp, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use ConnectOne Bancorp's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes ConnectOne Bancorp's worth.When determining whether ConnectOne Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ConnectOne Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connectone Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connectone Bancorp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectOne Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for ConnectOne Stock analysis
When running ConnectOne Bancorp's price analysis, check to measure ConnectOne Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConnectOne Bancorp is operating at the current time. Most of ConnectOne Bancorp's value examination focuses on studying past and present price action to predict the probability of ConnectOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConnectOne Bancorp's price. Additionally, you may evaluate how the addition of ConnectOne Bancorp to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is ConnectOne Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConnectOne Bancorp. If investors know ConnectOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConnectOne Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 0.68 | Earnings Share 2.07 | Revenue Per Share 6.723 | Quarterly Revenue Growth (0.19) |
The market value of ConnectOne Bancorp is measured differently than its book value, which is the value of ConnectOne that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ConnectOne Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConnectOne Bancorp's market value can be influenced by many factors that don't directly affect ConnectOne Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConnectOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectOne Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.