HTBK
Heritage Commerce Corp
Price:  
8.15 
USD
Volume:  
640,962.00
United States | Banks
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HTBK Fair Value

63.76 %
Upside

As of 2024-05-27, the Fair Value of Heritage Commerce Corp (HTBK) is 13.35 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 8.15 USD, the upside of Heritage Commerce Corp is 63.76%.

8.15 USD
Stock Price
13.35 USD
Fair Price
FAIR VALUE CALCULATION

HTBK Fair Value

Peter Lynch's formula is:

HTBK Fair Value
= Earnings Growth Rate x TTM EPS
HTBK Fair Value
= 14.68 x 0.91
HTBK Fair Value
= 13.35

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 40.50 35.30 47.70 66.60 64.44 50.91
YoY growth 14.73% -12.84% 35.13% 39.62% -3.24% 14.68%

HTBK Fair Value - Key Data

Market Cap (mil) 499.27
P/E 8.96x
Forward P/E 7.52x
EPS 0.91
Avg earnings growth rate 14.68%
TTM earnings 55.69