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Altabancorp (Altabancorp) Peter Lynch Fair Value : $24.62 (As of Apr. 26, 2024)


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What is Altabancorp Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Altabancorp's PEG is 1. Altabancorp's 5-Year TTM Book Value Growth Rate is 10.75. Altabancorp's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was $2.29. Therefore, the Peter Lynch Fair Value for today is $24.62.

As of today (2024-04-26), Altabancorp's share price is $44.16. Altabancorp's Peter Lynch fair value is $24.62. Therefore, Altabancorp's Price to Peter Lynch Fair Value Ratio for today is 1.79.


The historical rank and industry rank for Altabancorp's Peter Lynch Fair Value or its related term are showing as below:

ALTA' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.77   Med: 1.12   Max: 1.78
Current: 1.77


During the past 9 years, the highest Price to Peter Lynch Fair Value Ratio of Altabancorp was 1.78. The lowest was 0.77. And the median was 1.12.


ALTA's Price-to-Peter-Lynch-Fair-Value is not ranked
in the Banks industry.
Industry Median: 0.87 vs ALTA: 1.77

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Altabancorp Peter Lynch Fair Value Historical Data

The historical data trend for Altabancorp's Peter Lynch Fair Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altabancorp Peter Lynch Fair Value Chart

Altabancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only - - - 26.17 24.86

Altabancorp Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Peter Lynch Fair Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.32 24.28 24.86 23.66 24.93

Competitive Comparison of Altabancorp's Peter Lynch Fair Value

For the Banks - Regional subindustry, Altabancorp's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altabancorp's Price-to-Peter-Lynch-Fair-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Altabancorp's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Altabancorp's Price-to-Peter-Lynch-Fair-Value falls into.



Altabancorp Peter Lynch Fair Value Calculation

Altabancorp's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM Book Value Growth Rate***EPS without NRI (TTM)
=1* 10.75 *2.29
=24.62

Altabancorp's EPS without NRI for the trailing twelve months (TTM) uses the latest annual data, which was $2.29.

* Note that for companies that do not have enough quarterly data to calculate the 5-Year TTM EBITDA Growth Rate, we use the annual data for the calculation.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Please be aware that the 5-Year TTM Book Value Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data is the latest quarter data. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Altabancorp  (NAS:ALTA) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of Book Value per share over the past 5 years, which is 10.75 instead of 15 in this case.

Altabancorp's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=44.16/24.62
=1.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altabancorp Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of Altabancorp's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Altabancorp (Altabancorp) Business Description

Traded in Other Exchanges
N/A
Address
1 East Main Street, American Fork, UT, USA, 84003
Altabancorp is a bank holding company for Altabank, a full-service bank, providing loans, deposit and cash management services to businesses and individuals through over 26 branch locations from Preston, Idaho to St. George, Utah. Its clients have direct access to bankers and decision-makers who work with clients to understand their specific needs and offer customized financial solutions. Altabank serves communities in Utah and southern Idaho.
Executives
Newbold Family Trust 10 percent owner 1025 WEST 2650 NORTH LEHI UT 84043
Hets Llc 10 percent owner 1255 W RIO SALADO PKWY STE 215 TEMPE AZ 85281
Brett & Susan Christiansen Family Trust 10 percent owner 176 SOUTH 1160 WEST CIRCLE ST ST GEORGE UT 84770
Len E Williams director, officer: President/CEO 500 12TH AVENUE SOUTH NAMPA ID 83651
Judd J Austin officer: Executive Officer 1 EAST MAIN STREET AMERICAN FORK UT 84003
Ryan Howard Jones officer: Executive Officer 1 EAST MAIN STREET AMERICAN FORK UT 84003
Christine Maebelle Linford officer: Executive Officer 1 EAST MAIN STREET AMERICAN FORK UT 84003
Judd Peterson Kirkham officer: Executive Officer 1 EAST MAIN STREET AMERICAN FORK UT 84003
Mark K Olson officer: EVP/Chief Financial Officer 121 W. PINE STREET, 20 EAST CARRILLO STREET, LODI CA 95240
Kimball Gunther 10 percent owner 81 SOUTH 700 EAST AMERICAN FORK UT 84003
Christopher Brett Christiansen 10 percent owner 467 WEST 1875 SOUTH B203 WOODS CROSS UT 84010
Russell Gunther 10 percent owner 81 SOUTH 700 EAST AMERICAN FORK UT 84003
Hudson Gunther 10 percent owner 33 EAST MAIN STREET AMERICAN FORK UT 84003
Derek Gunther Miller 10 percent owner 5807 SOUTH WOODLAWN AVE CHICAGO IL 60637
Paul & Miriam Thomas Family Trust 10 percent owner 2016 EAST CAROLINA LANE TEMPE AZ 85284

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