OP Bancorp

NasdaqGM:OPBK Stock Report

Market Cap: US$257.1m

OP Bancorp Valuation

Is OPBK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OPBK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OPBK ($17.44) is trading below our estimate of fair value ($47.69)

Significantly Below Fair Value: OPBK is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OPBK?

Key metric: As OPBK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for OPBK. This is calculated by dividing OPBK's market cap by their current earnings.
What is OPBK's PE Ratio?
PE Ratio12.4x
EarningsUS$20.88m
Market CapUS$257.13m

Price to Earnings Ratio vs Peers

How does OPBK's PE Ratio compare to its peers?

The above table shows the PE ratio for OPBK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.5x
LCNB LCNB
34.6x50.9%US$248.8m
MBLU Morris State Bancshares
11.2xn/aUS$264.9m
CHMG Chemung Financial
11.5x15.3%US$249.6m
BPRN Princeton Bancorp
24.6x44.7%US$254.6m
OPBK OP Bancorp
12.4x10.1%US$257.1m

Price-To-Earnings vs Peers: OPBK is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (20.5x).

Price to Earnings Ratio vs Industry

How does OPBK's PE Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRCB First Republic Bank
0.02xn/aUS$27.98m
BKGM BankGuam Holding
1xn/aUS$18.48m
SBNY Signature Bank
0.002xn/aUS$2.18m
BCBH.F Caribbean Investment Holdings
0.00001xn/aUS$132.00
No more companies available in this PE range
OPBK 12.4xIndustry Avg. 13.3xNo. of Companies94PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OPBK is good value based on its Price-To-Earnings Ratio (12.4x) compared to the US Banks industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is OPBK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OPBK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.4x
Fair PE Ratio12.3x

Price-To-Earnings vs Fair Ratio: OPBK is expensive based on its Price-To-Earnings Ratio (12.4x) compared to the estimated Fair Price-To-Earnings Ratio (12.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OPBK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$17.44
US$15.75
-9.7%
4.8%US$16.50US$15.00n/a2
Nov ’25US$14.75
US$15.75
+6.8%
4.8%US$16.50US$15.00n/a2
Oct ’25US$12.20
US$14.00
+14.8%
7.1%US$15.00US$13.00n/a2
Sep ’25US$12.88
US$14.00
+8.7%
7.1%US$15.00US$13.00n/a2
Aug ’25US$11.93
US$14.00
+17.4%
7.1%US$15.00US$13.00n/a2
Jul ’25US$9.54
US$12.25
+28.4%
10.2%US$13.50US$11.00n/a2
Jun ’25US$9.80
US$12.25
+25.0%
10.2%US$13.50US$11.00n/a2
May ’25US$9.41
US$12.25
+30.2%
10.2%US$13.50US$11.00n/a2
Apr ’25US$9.97
US$12.25
+22.9%
10.2%US$13.50US$11.00n/a2
Mar ’25US$10.20
US$12.25
+20.1%
10.2%US$13.50US$11.00n/a2
Feb ’25US$10.78
US$12.25
+13.6%
10.2%US$13.50US$11.00n/a2
Jan ’25US$10.95
US$12.00
+9.6%
16.7%US$14.00US$10.00n/a2
Dec ’24US$9.33
US$11.00
+17.9%
9.1%US$12.00US$10.00n/a2
Nov ’24US$8.47
US$11.00
+29.9%
9.1%US$12.00US$10.00US$14.752
Oct ’24US$9.15
US$11.50
+25.7%
4.3%US$12.00US$11.00US$12.202
Sep ’24US$9.52
US$11.50
+20.8%
4.3%US$12.00US$11.00US$12.882
Aug ’24US$9.60
US$11.50
+19.8%
4.3%US$12.00US$11.00US$11.932
Jul ’24US$8.43
US$10.50
+24.6%
4.8%US$11.00US$10.00US$9.542
Jun ’24US$8.02
US$11.50
+43.4%
4.3%US$12.00US$11.00US$9.802
May ’24US$8.95
US$11.50
+28.5%
4.3%US$12.00US$11.00US$9.412
Apr ’24US$8.91
US$13.50
+51.5%
3.7%US$14.00US$13.00US$9.972
Mar ’24US$11.31
US$13.50
+19.4%
3.7%US$14.00US$13.00US$10.202
Feb ’24US$11.33
US$13.50
+19.2%
3.7%US$14.00US$13.00US$10.782
Jan ’24US$11.16
US$14.25
+27.7%
1.8%US$14.50US$14.00US$10.952
Dec ’23US$11.78
US$14.25
+21.0%
1.8%US$14.50US$14.00US$9.332
Nov ’23US$11.15
US$14.25
+27.8%
1.8%US$14.50US$14.00US$8.472

Analyst Forecast: Target price is lower than the current share price.

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