Coastal Carolina Bancshares, Inc. (CCNB)
Financial Services · OQX
Fundamentals
Valuation and ratings
Coastal Carolina Bancshares, Inc. trades at USD16.75, which is 120% below the USD36.86 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 43 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 9.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Coastal Carolina Bancshares, Inc.
Coastal Carolina Bancshares, Inc. provides banking services to domestic markets, principally in Horry County, Richland County, Aiken County, Greenville County, Spartanburg County, and Orangeburg County, South Carolina. The company's deposit products include checking accounts, savings accounts, money market accounts, and certificates of deposit. It provides mortgage, personal loans, such as home equity lines of credit, car and truck, and boat, personal loans and overdraft protection services; residential real estate, non-residential real estate, and consumer loans; and construction and land development, real estate mortgage, other real estate, and commercial and industrial loans. In addition, the company offers cash management and treasury services for payables and receivables, liquidity management, reconciliation and reporting, and fraud mitigation. It also provides online and mobile banking, telephone banking, mobile deposit, remote deposit capture, lockbox, insured cash sweep, wire origination, online ACH origination, and payroll direct deposit services, as well as offers debit and credit cards. The company was incorporated in 2008 and is based in Myrtle Beach, South Carolina.
CCNB passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Coastal Carolina Bancshares, Inc. (CCNB) undervalued?
Against our discounted cash flow estimate of USD36.86, CCNB at USD16.75 is 120% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is CCNB's P/E ratio?
CCNB trades at 9.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
The full research page for CCNB, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.