deriveddemanded
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QCR Holdings Inc, ticker QCRH, is a multi-bank holding company that provides commercial and consumer banking, and trust and asset management services for the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, and Rockford communities. It operates through Commercial Banking and Wealth Management segments – with a market cap of 136.54M.
At the time of writing this post, QCRH has a P/E ttm of 8.8 (compared to the industry average of 15), P/B of 0.96 (compared to the industry average of 1.4), P/S of 1.2 (compared to the industry average of 3.3), P/FCF of 6.23 and a PEG of 0.87. Its forward P/E is expected to be 9.2 and it pays a semi-annual dividend. In terms of relative valuation, QCRH is significantly cheaper than its comparables. Upon creating a 5 year DCF model based on FCFE, using a conservative growth rate and a conservative cost of capital, an intrinsic value of $21.59 was derived – signifying a 25.6% potential upside.
In the short term, QCRH has had positive momentum and if it breaks the $17.25 resistance an upside in the $18 range is foreseeable.
In addition, in February the CEO of QCRH exercised several options and has been buying the common stock.
Even in terms of “Wall St. Recommendation/analysts”, QCRH has been rated as a very strong buy.
I am planning on going long QCRH soon. The stock appears to be cheap relative to its comparables and after reading the 10K/10Q I am bullish on it long term prospects.
At the time of writing this post, QCRH has a P/E ttm of 8.8 (compared to the industry average of 15), P/B of 0.96 (compared to the industry average of 1.4), P/S of 1.2 (compared to the industry average of 3.3), P/FCF of 6.23 and a PEG of 0.87. Its forward P/E is expected to be 9.2 and it pays a semi-annual dividend. In terms of relative valuation, QCRH is significantly cheaper than its comparables. Upon creating a 5 year DCF model based on FCFE, using a conservative growth rate and a conservative cost of capital, an intrinsic value of $21.59 was derived – signifying a 25.6% potential upside.
In the short term, QCRH has had positive momentum and if it breaks the $17.25 resistance an upside in the $18 range is foreseeable.
In addition, in February the CEO of QCRH exercised several options and has been buying the common stock.
Even in terms of “Wall St. Recommendation/analysts”, QCRH has been rated as a very strong buy.
I am planning on going long QCRH soon. The stock appears to be cheap relative to its comparables and after reading the 10K/10Q I am bullish on it long term prospects.
