Bar Harbor Bankshares

NYSEAM:BHB Stock Report

Market Cap: US$549.2m

Bar Harbor Bankshares Valuation

Is BHB 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 BHB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BHB ($35.86) is trading below our estimate of fair value ($70.44)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BHB. This is calculated by dividing BHB's market cap by their current earnings.
What is BHB's PE Ratio?
PE Ratio12.9x
EarningsUS$42.49m
Market CapUS$549.18m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BHB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.5x
AMNB American National Bankshares
19.4xn/aUS$507.6m
GCBC Greene County Bancorp
21.8xn/aUS$537.9m
ALPI.B Alpine Banks of Colorado
11xn/aUS$529.3m
THFF First Financial
13.7x17.9%US$588.4m
BHB Bar Harbor Bankshares
12.9x0.8%US$549.2m

Price-To-Earnings vs Peers: BHB is good value based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (16.5x).

Price to Earnings Ratio vs Industry

How does BHB'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
BHB 12.9xIndustry Avg. 13.3xNo. of Companies92PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BHB is good value based on its Price-To-Earnings Ratio (12.9x) compared to the US Banks industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is BHB'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.

BHB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.9x
Fair PE Ratio11.3x

Price-To-Earnings vs Fair Ratio: BHB is expensive based on its Price-To-Earnings Ratio (12.9x) compared to the estimated Fair Price-To-Earnings Ratio (11.3x).

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 BHB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$35.86
US$32.00
-10.8%
6.3%US$34.00US$30.00n/a2
Nov ’25US$31.80
US$32.00
+0.6%
6.3%US$34.00US$30.00n/a2
Oct ’25US$29.60
US$31.50
+6.4%
7.9%US$34.00US$29.00n/a2
Jul ’25US$26.52
US$28.25
+6.5%
0.9%US$28.50US$28.00n/a2
Jun ’25US$26.27
US$28.25
+7.5%
0.9%US$28.50US$28.00n/a2
May ’25US$25.67
US$28.25
+10.1%
0.9%US$28.50US$28.00n/a2
Apr ’25US$25.63
US$28.75
+12.2%
0.9%US$29.00US$28.50n/a2
Mar ’25US$24.95
US$30.00
+20.2%
3.3%US$31.00US$29.00n/a2
Feb ’25US$26.30
US$30.00
+14.1%
3.3%US$31.00US$29.00n/a2
Jan ’25US$29.36
US$29.00
-1.2%
6.9%US$31.00US$27.00n/a2
Dec ’24US$27.40
US$27.50
+0.4%
1.8%US$28.00US$27.00n/a2
Nov ’24US$24.97
US$27.50
+10.1%
1.8%US$28.00US$27.00US$31.802
Oct ’24US$23.63
US$27.50
+16.4%
1.8%US$28.00US$27.00US$29.602
Sep ’24US$24.81
US$28.00
+12.9%
3.6%US$29.00US$27.00US$32.062
Aug ’24US$27.05
US$28.00
+3.5%
3.6%US$29.00US$27.00US$30.512
Jul ’24US$24.64
US$28.00
+13.6%
3.6%US$29.00US$27.00US$26.522
Jun ’24US$23.59
US$29.00
+22.9%
6.9%US$31.00US$27.00US$26.272
May ’24US$24.06
US$29.00
+20.5%
6.9%US$31.00US$27.00US$25.672
Apr ’24US$26.45
US$32.00
+21.0%
3.1%US$33.00US$31.00US$25.632
Dec ’23US$30.65
US$32.50
+6.0%
1.5%US$33.00US$32.00US$27.402
Nov ’23US$29.63
US$32.50
+9.7%
1.5%US$33.00US$32.00US$24.972

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

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