Heritage Commerce Corp
NASDAQ:HTBK

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Heritage Commerce Corp
NASDAQ:HTBK
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Price: 8.47 USD -2.64% Market Closed
Market Cap: 520.4m USD

Relative Value

The Relative Value of one HTBK stock under the Base Case scenario is 7.95 USD. Compared to the current market price of 8.47 USD, Heritage Commerce Corp is Overvalued by 6%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HTBK Relative Value
Base Case
7.95 USD
Overvaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
55
vs Industry
25
Median 3Y
3.4
Median 5Y
3.4
Industry
2.4
Forward
2.8
vs History
31
vs Industry
21
Median 3Y
10.5
Median 5Y
12
Industry
9.8
Forward
10.5
vs History
61
vs Industry
56
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9
vs History
76
vs Industry
45
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

HTBK Competitors Multiples
Heritage Commerce Corp Competitors

Market Cap P/S P/E P/B
US
Heritage Commerce Corp
NASDAQ:HTBK
519.6m USD 3 12.8 0.8
US
PNC Financial Services Group Inc
NYSE:PNC
60.6B USD 2.8 11 1.1
US
Truist Financial Corp
NYSE:TFC
45.8B USD 3.4 10.2 0.7
US
M&T Bank Corp
NYSE:MTB
26B USD 2.8 10.6 0.9
CN
Bank of Jiangsu Co Ltd
SSE:600919
178.7B CNY 2.2 7 0.6
CN
Bank of Ningbo Co Ltd
SZSE:002142
167.5B CNY 2.4 6.5 0.8
US
Fifth Third Bancorp
NASDAQ:FITB
22.6B USD 2.7 10.5 1.2
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
21.6B USD 2.2 7.9 1
US
Huntington Bancshares Inc
NASDAQ:HBAN
18.3B USD 2.5 10.2 0.9
US
Regions Financial Corp
NYSE:RF
17B USD 2.4 9.6 0.9
JP
Resona Holdings Inc
TSE:8308
2.4T JPY 2.5 11.1 0.9