Sierra Bancorp Financial Ratios — BSRR Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	4.87	4.96	7.73	8.5	9.89	9.01	8.49	11.16	12.47	11.4	12.86	9.57	9.61	10.77	11.03
Return on Assets (%)	0.59	0.59	0.94	1	1.05	0.92	0.89	1.22	1.41	1.22	1.31	0.96	0.95	1.1	1.14
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	4.13	3.67	3.37	3.23	3.22	3.53	3.84	3.9	3.62	3.37	3.35	2.71	2.74	2.08	1.81
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	12.79	11.81	26.01	32.66	36.27	32.56	36.05	36.86	42.53	38.25	44.91	34.47	39.32	38.8	38.46
Profit Margin (%)	11.93	12.32	21.12	23.23	24.15	21.69	21.23	27.63	32.05	29.14	33.77	25.83	29.49	29.22	28.89
Net Income to Common Margin (%)	11.93	12.32	21.12	23.23	24.15	21.69	21.23	27.63	32.05	29.14	33.77	25.83	29.49	29.22	28.89
Effective Tax Rate (%)	6.76	- -	18.79	28.89	33.43	33.38	41.11	25.03	24.64	23.81	24.8	25.06	25.01	24.7	24.88
Dvd Payout Ratio (%)	43.28	41.36	27.53	31.33	31.34	37.04	40.61	32.88	31.51	34.44	30.76	41.35	39.36	33.61	32.45
Sustainable Growth Rate (%)	2.76	2.91	5.6	5.83	6.79	5.67	5.04	7.49	8.54	7.47	8.9	5.61	5.82	7.15	7.45

Credit (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	63	73	31	55	108	99	56	91	55	178	84	304	315	165	388
ST Debt	17	37	- -	18	75	65	22	56	20	143	- -	219	150	- -	223
LT Debt	46	36	31	37	33	34	35	35	35	35	84	85	165	165	166
Total Debt/EBITDA	23.39	29.78	14.51	26.03	44.98	34.81	15.97	21.67	13.53	43.43	19.78	85.89	97.61	57.35	146.49
Net Debt/EBITDA	- -	4.42	-22.09	2.38	24.77	-7.36	-3.86	3.99	-6.19	26.01	-40.54	64.07	73.29	22.41	95.31
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	12.17	11.65	12.66	11	10.3	10.07	10.91	10.97	11.57	9.99	10.31	9.87	9.91	10.63	10.01
Long-Term Debt/Equity (%)	27.25	20.66	17.02	19.74	17.3	16.71	13.51	12.73	11.3	10.21	23.3	27.9	48.79	46.24	45.36
Long-Term Debt/Capital (%)	20.36	14.96	14.76	15.69	11.23	11.31	11.09	7.24	7.46	7.03	19.55	12.84	24.08	30.08	21.45
Long-Term Debt/Total Assets (%)	3.44	2.5	2.19	2.26	1.83	1.69	1.48	1.38	1.35	1.09	2.5	2.35	4.42	4.57	4.32
Total Debt/Equity (%)	37.4	41.74	17.02	29.47	56.86	48.29	22.07	33.28	17.77	51.77	23.3	100.04	93.31	46.24	106.4
Total Debt/Capital (%)	27.95	30.23	14.76	23.43	36.9	32.68	18.12	18.93	11.74	35.62	19.55	46.03	46.06	30.08	50.31
Total Debt/Total Assets (%)	4.72	5.05	2.19	3.37	6.02	4.89	2.41	3.6	2.12	5.53	2.5	8.42	8.46	4.57	10.14
Net Debt to Equity	0.01	6.19	-25.91	2.69	31.32	-10.22	-5.33	6.13	-8.13	31	-47.75	74.63	70.06	18.07	69.22
Net Debt/Capital (%)	0.01	6.04	-35.8	2.72	24.36	-11.44	-5.65	4.12	-6.48	24.89	-99.28	38.89	39.06	14.39	39.71
EBITDA	3	2	2	2	2	3	4	4	4	4	4	4	3	3	3
EBITDA-CapEx	- -	-1	1	- -	- -	-1	1	1	3	1	4	2	2	2	1
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	12.17	11.65	12.66	11	10.3	10.07	10.91	10.97	11.57	9.99	10.31	9.87	9.91	10.63	10.01
Long-Term Debt/Equity (%)	27.25	20.66	17.02	19.74	17.3	16.71	13.51	12.73	11.3	10.21	23.3	27.9	48.79	46.24	45.36
Long-Term Debt/Capital (%)	20.36	14.96	14.76	15.69	11.23	11.31	11.09	7.24	7.46	7.03	19.55	12.84	24.08	30.08	21.45
Long-Term Debt/Total Assets (%)	3.44	2.5	2.19	2.26	1.83	1.69	1.48	1.38	1.35	1.09	2.5	2.35	4.42	4.57	4.32
Total Debt/Equity (%)	37.4	41.74	17.02	29.47	56.86	48.29	22.07	33.28	17.77	51.77	23.3	100.04	93.31	46.24	106.4
Total Debt/Capital (%)	27.95	30.23	14.76	23.43	36.9	32.68	18.12	18.93	11.74	35.62	19.55	46.03	46.06	30.08	50.31
Total Debt/Total Assets (%)	4.72	5.05	2.19	3.37	6.02	4.89	2.41	3.6	2.12	5.53	2.5	8.42	8.46	4.57	10.14
CFO/Total Liabilities	2.97	3.06	2.78	2.02	1.79	0.85	1.95	1.35	2.05	1.39	1.75	1.02	1.57	1.75	0.97
CFO/CapEx	12.67	11.34	51.12	12.33	11.34	4.34	19	9.75	59.69	13.73	141.93	26.39	37.63	49.44	22
Altman's Z-Score	0.22	0.22	0.27	0.24	0.23	0.25	0.24	0.23	0.26	0.21	0.22	0.19	0.19	0.22	0.22

Working Capital (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	24.31	12.7	12.55	12.1	12.83	13.32	13.11	13.2	13.35	10.01	9.32	8.8	6.11	7.64	9.71
Days Sales Outstanding	15.02	28.75	29.08	30.15	28.44	27.4	27.84	27.64	27.35	36.47	39.14	41.46	59.77	47.78	37.58
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	124	161	228	246	238	360	376	367	446	364	414	318	332	413	441
- Cash & Cash Equivalents	63	62	78	50	49	120	70	74	80	71	258	77	79	101	136
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	113	113	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	63	73	31	55	108	99	56	91	55	178	84	304	315	165	388
Enterprise Value	-283	-208	-244	-261	-210	-191	-196	-64	-67	-73	-733	-391	-451	-178	224
Total Capital	226	240	210	235	293	304	312	480	468	500	432	660	685	549	772
Total Debt/Capital (%)	27.95	30.23	14.76	23.43	36.9	32.68	18.12	18.93	11.74	35.62	19.55	46.03	46.06	30.08	50.31
Total Debt / EV	-0.22	-0.35	-0.13	-0.21	-0.51	-0.52	-0.29	-1.41	-0.82	-2.43	-0.12	-0.78	-0.7	-0.93	1.73
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.53
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	84.63
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.65
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.36
Diluted Market Cap	124	161	230	248	240	363	381	371	450	366	417	318	332	416	444
Diluted Enterprise Value	124	172	183	253	299	342	368	500	538	472	244	545	569	481	697
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.62
TTM Sales	65	66	63	66	75	81	92	107	112	122	127	130	118	139	146
TTM EBITDA	3	2	2	2	2	3	4	4	4	4	4	4	3	3	3
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	35	39	34	29	29	16	41	30	47	40	53	34	53	57	34
TTM Free Cash Flow to Firm	37	42	35	32	31	19	43	34	48	43	53	35	55	58	35

Multiples (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	3.32	3.83	6.61	7.83	7.68	18.94	8.91	11.05	9.46	8.51	7.86	9.14	6.08	7.14	12.61
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-283	-208	-244	-261	-210	-191	-196	-64	-67	-73	-733	-391	-451	-178	224
Low Price	8.47	8.42	11.45	14.66	15.16	15.61	23.1	22.94	22.68	13.05	21.48	19.62	15.01	17.69	22.42
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.53
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	84.63
Price/Earnings	15.88	19.7	17.04	16.13	13.15	20.48	19.26	12.36	12.4	10.27	9.62	9.44	9.52	10.19	10.42
Price/Earnings Average	19.07	17.59	15.6	14.92	12.53	14.28	19.03	14.38	11.16	8.76	9.07	10.2	7.98	8.64	9.34
Price/Earnings High	21.16	22.4	21.06	16.54	14.25	20.83	21.4	16.04	12.84	12.61	10.43	12.85	9.8	12.37	11.07
Price/Earnings Low	15.28	14.51	12.12	13.47	11.29	12.02	16.76	11.8	9.66	5.6	7.61	8.72	6.34	6.23	7.15
Price/Book Value	0.76	0.96	1.28	1.36	1.28	1.76	1.47	1.33	1.49	1.13	1.19	0.89	0.9	1.08	1.15
Price/Book Value Average	0.91	0.86	1.17	1.26	1.22	1.22	1.46	1.54	1.34	0.96	1.12	0.96	0.75	0.91	1.03
Price/Book Value High	1.01	1.09	1.58	1.4	1.39	1.79	1.64	1.72	1.54	1.39	1.29	1.21	0.92	1.31	1.22
Price/Book Value Low	0.73	0.71	0.91	1.14	1.1	1.03	1.28	1.27	1.16	0.62	0.94	0.82	0.6	0.66	0.79
Price/Tangible Book Value	0.76	0.96	1.29	1.37	1.3	1.85	1.69	2.89	2.73	1.17	1.25	1.16	1.07	1.25	1.31
Price/Tangible Book Value Average	0.91	0.86	1.18	1.27	1.24	1.29	1.67	3.37	2.46	0.99	1.17	1.25	0.9	1.06	1.17
Price/Tangible Book Value High	1.01	1.09	1.6	1.41	1.41	1.88	1.88	3.76	2.83	1.43	1.35	1.58	1.1	1.52	1.39
Price/Tangible Book Value Low	0.73	0.71	0.92	1.15	1.12	1.08	1.47	2.76	2.13	0.64	0.99	1.07	0.71	0.77	0.9
Price/Sales	1.89	2.43	3.6	3.75	3.18	4.44	4.09	3.41	3.97	2.99	3.25	2.44	2.81	2.98	3.01
Price/Sales Average	2.27	2.17	3.3	3.46	3.03	3.1	4.04	3.97	3.58	2.55	3.06	2.63	2.35	2.52	2.7
Price/Sales High	2.52	2.76	4.45	3.84	3.44	4.52	4.54	4.43	4.11	3.67	3.52	3.32	2.89	3.61	3.2
Price/Sales Low	1.82	1.79	2.56	3.13	2.73	2.61	3.56	3.26	3.09	1.63	2.57	2.25	1.87	1.82	2.07
Price/Cash Flow	3.57	4.17	6.68	8.38	8.28	23.09	9.25	12.05	9.54	9.09	7.86	9.46	6.23	7.23	13.09
Price/Cash Flow Average	4.28	3.72	6.12	7.75	7.89	16.1	9.14	14.02	8.59	7.75	7.41	10.22	5.22	6.13	11.73
Price/Cash Flow High	4.75	4.74	8.26	8.59	8.97	23.48	10.28	15.63	9.88	11.17	8.52	12.88	6.41	8.78	13.9
Price/Cash Flow Low	3.43	3.07	4.75	7	7.11	13.56	8.05	11.5	7.43	4.96	6.22	8.74	4.15	4.42	8.98
Price/Free Cash Flow Average	3.98	3.42	6.06	7.24	7.32	13.2	8.8	12.85	8.51	7.26	7.41	9.87	5.1	6.06	11.3
Price/Free Cash Flow High	4.42	4.36	8.18	8.02	8.32	19.26	9.89	14.34	9.79	10.45	8.52	12.44	6.26	8.67	13.39
Price/Free Cash Flow Low	3.19	2.82	4.71	6.53	6.6	11.12	7.75	10.55	7.37	4.64	6.22	8.44	4.05	4.37	8.65
EV/Sales Average	2.27	2.33	2.55	3.54	3.82	2.84	3.89	5.18	4.36	3.43	1.7	4.37	4.36	2.99	4.42
EV/Sales High	2.52	2.92	3.71	3.92	4.24	4.26	4.39	5.64	4.9	4.55	2.16	5.06	4.89	4.08	4.92
EV/Sales Low	1.82	1.95	1.82	3.2	3.52	2.35	3.41	4.46	3.88	2.51	1.21	3.99	3.87	2.29	3.79
EV/EBITDA Average	55.05	63.51	75.8	109.72	118.88	80.47	101.23	132.57	120.46	101.72	50.8	161.14	159.36	144.05	244.54
EV/EBITDA High	61.1	79.65	110.03	121.37	131.8	120.74	114.31	144.32	135.32	135.04	64.5	186.39	178.9	196.59	272.09
EV/EBITDA Low	44.12	53.14	53.97	99.29	109.59	66.59	88.67	114.29	107.16	74.45	36.15	147.06	141.58	110.12	209.5
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	8.8	11.43	16.09	17.56	17.65	26.59	26.56	24.03	29.12	23.92	27.15	21.24	22.55	28.92	32.68
High Price	11.73	13	19.89	18	19.13	27.04	29.5	31.19	30.15	29.37	29.42	28.92	23.21	35.13	34.71
Enterprise Value Average	148	155	162	232	286	230	358	556	489	417	217	570	515	415	648
Enterprise Value High	165	194	234	257	317	345	404	605	550	554	275	659	578	566	721
Enterprise Value Low	119	130	115	210	264	190	314	479	435	305	154	520	458	317	555

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	14	14	14	14	13	14	15	15	15	15	15	15	15	14	13
Diluted Weighted Avg Shares	14	14	14	14	14	14	14	15	15	15	15	15	15	14	14
Basic Weighted Avg Shares	14	14	14	14	13	14	14	15	15	15	15	15	15	14	13
Revenue per Share	4.65	4.71	4.47	4.69	5.56	5.99	6.49	7.04	7.33	7.99	8.36	8.71	8.03	9.72	10.85
EBITDA per Share	0.19	0.17	0.15	0.15	0.18	0.21	0.25	0.27	0.27	0.27	0.28	0.24	0.22	0.2	0.2
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.55	0.58	0.94	1.09	1.34	1.3	1.38	1.94	2.35	2.33	2.82	2.25	2.37	2.84	3.14
Basic EPS from Cont Ops	0.55	0.58	0.94	1.09	1.34	1.3	1.38	1.94	2.35	2.33	2.82	2.25	2.37	2.84	3.14
Diluted EPS, GAAP	0.55	0.58	0.94	1.08	1.33	1.29	1.36	1.92	2.33	2.32	2.8	2.25	2.36	2.82	3.11
Diluted EPS from Cont Ops	0.55	0.58	0.94	1.08	1.33	1.29	1.36	1.92	2.33	2.32	2.8	2.25	2.36	2.82	3.11
Dividend per Share	0.24	0.24	0.26	0.34	0.42	0.48	0.56	0.64	0.74	0.8	0.87	0.93	0.93	0.95	1.02
Cash Flow per Share	2.47	2.74	2.41	2.1	2.13	1.15	2.87	1.99	3.05	2.63	3.45	2.24	3.62	4	2.5
Free Cash Flow per Basic Share	2.27	2.5	2.36	1.93	1.94	0.89	2.72	1.79	3	2.44	3.43	2.16	3.52	3.92	2.38
Cash & Equivalents per Share	33.45	31.34	35.54	40.14	41.32	48.08	44.34	41.58	44.47	40.44	80.75	67.67	74.65	52.97	44.83
Book Value per Share	11.58	11.88	12.62	12.87	13.75	15.14	18.02	18.13	19.6	21.14	22.79	23.8	25.13	26.89	28.41
Tangible Book Value per Share	11.61	11.94	12.44	12.79	13.56	14.4	15.69	8.3	10.67	20.52	21.77	18.32	21.03	23.06	25

Sierra Bancorp

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)