We’ve recently updated our valuation analysis.

Community Bank System Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CBU key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio4.1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CBU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.7x
BOH Bank of Hawaii
13.9x-4.4%US$3.0b
TCBI Texas Capital Bancshares
9.8x-14.7%US$3.1b
AUB Atlantic Union Bankshares
12.8x7.9%US$2.9b
CVBF CVB Financial
14.2x7.3%US$3.3b
CBU Community Bank System
16x3.9%US$3.0b

Price-To-Earnings vs Peers: CBU is expensive based on its Price-To-Earnings Ratio (16x) compared to the peer average (12.7x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a6.2%
n/an/an/a

Price-To-Earnings vs Industry: CBU is expensive based on its Price-To-Earnings Ratio (16x) compared to the US Banks industry average (9.6x)


Price to Earnings Ratio vs Fair Ratio

What is CBU'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.

CBU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16x
Fair PE Ratio10.6x

Price-To-Earnings vs Fair Ratio: CBU is expensive based on its Price-To-Earnings Ratio (16x) compared to the estimated Fair Price-To-Earnings Ratio (10.6x).


Share Price vs Fair Value

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

Below Fair Value: CBU ($55.87) is trading below our estimate of fair value ($66.53)

Significantly Below Fair Value: CBU is trading below fair value, but not by a significant amount.


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 CBU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$55.87
US$61.80
+10.6%
4.5%US$67.00US$59.00n/a5
Jan ’24US$62.95
US$64.60
+2.6%
4.9%US$68.00US$59.00n/a5
Dec ’23US$64.91
US$64.60
-0.5%
4.9%US$68.00US$59.00n/a5
Nov ’23US$62.71
US$64.60
+3.0%
4.9%US$68.00US$59.00n/a5
Oct ’23US$60.08
US$69.80
+16.2%
5.0%US$75.00US$64.00n/a5
Sep ’23US$65.26
US$69.80
+7.0%
5.0%US$75.00US$64.00n/a5
Aug ’23US$68.07
US$69.80
+2.5%
5.0%US$75.00US$64.00n/a5
Jul ’23US$64.25
US$73.50
+14.4%
8.3%US$81.50US$64.00n/a5
Jun ’23US$65.90
US$73.90
+12.1%
7.5%US$81.50US$66.00n/a5
May ’23US$64.40
US$75.50
+17.2%
5.2%US$81.50US$70.00n/a5
Apr ’23US$70.99
US$77.70
+9.5%
3.3%US$81.50US$74.00n/a5
Mar ’23US$70.95
US$76.90
+8.4%
3.5%US$81.50US$74.00n/a5
Feb ’23US$71.69
US$76.90
+7.3%
3.5%US$81.50US$74.00n/a5
Jan ’23US$74.48
US$76.25
+2.4%
3.0%US$80.00US$74.00US$62.954
Dec ’22US$70.61
US$75.88
+7.5%
2.2%US$78.50US$74.00US$64.914
Nov ’22US$73.87
US$75.88
+2.7%
2.2%US$78.50US$74.00US$62.714
Oct ’22US$69.24
US$74.25
+7.2%
2.0%US$76.00US$72.00US$60.084
Sep ’22US$73.47
US$75.75
+3.1%
2.0%US$78.00US$74.00US$65.264
Aug ’22US$71.64
US$75.75
+5.7%
2.0%US$78.00US$74.00US$68.074
Jul ’22US$76.11
US$77.00
+1.2%
2.9%US$80.00US$74.00US$64.254
Jun ’22US$81.52
US$77.00
-5.5%
2.9%US$80.00US$74.00US$65.904
May ’22US$77.63
US$77.00
-0.8%
2.9%US$80.00US$74.00US$64.404
Apr ’22US$77.30
US$71.00
-8.2%
6.7%US$78.00US$65.00US$70.994
Mar ’22US$72.94
US$66.50
-8.8%
6.8%US$72.00US$60.00US$70.954
Feb ’22US$65.98
US$66.50
+0.8%
6.8%US$72.00US$60.00US$71.694
Jan ’22US$62.31
US$66.75
+7.1%
5.9%US$70.00US$60.00US$74.484

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies