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BYFCBroadway Financial Corporation
$9.71$90M
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  4. Financial Ratios

Broadway Financial Corporation (BYFC) Financial Ratios

Latest Ratios: P/E Ratio -3.0x · EV/EBITDA N/A · ROE -9.0%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BYFC Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$90M$64M$61M$59M$71M$139M$50M$41M$28M$63M$48M
Enterprise Value$232M$206M$294M$351M$261M$59M$68M$114M$87M$111M$119M
P/E Ratio →-3.01—171.2513.3112.63———35.0033.7113.67
P/S Ratio1.431.010.941.131.904.972.692.331.763.622.97
P/B Ratio0.320.240.220.210.250.981.030.850.581.321.05
P/FCF——48.998.0411.86——4.87178.98—61.98
P/OCF391.71277.2744.137.8211.25222.68—4.84120.09—51.31

P/E links to full P/E history page with 30-year chart

BYFC EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—3.274.486.676.962.123.646.435.436.377.42
EV / EBITDA——83.2048.0929.21———77.8327.8479.28
EV / EBIT——106.0453.8032.13———99.3729.7595.13
EV / FCF——233.9547.5243.47——13.44551.27—155.05

BYFC Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin51.9%51.9%49.9%64.4%88.2%86.0%70.5%64.0%76.9%81.4%79.3%
Operating Margin-38.8%-38.8%4.2%12.4%21.7%-17.5%-5.6%-3.1%5.5%21.4%7.8%
Net Profit Margin-39.3%-39.3%2.9%8.6%15.0%-14.5%-3.4%-1.2%5.1%10.7%21.6%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-9.0%-9.0%0.7%1.6%2.7%-4.3%-1.3%-0.4%1.7%4.0%7.6%
ROA-1.9%-1.9%0.1%0.4%0.5%-0.5%-0.1%-0.0%0.2%0.4%0.8%
ROIC-3.7%-3.7%0.3%0.8%1.6%-1.6%-0.5%-0.3%0.5%2.2%0.7%
ROCE-5.6%-5.6%0.5%1.3%2.4%-2.4%-0.7%-0.4%0.7%2.9%1.0%

BYFC Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.580.581.031.410.741.082.331.811.551.471.98
Debt / EBITDA——83.1754.3723.05———67.5417.5859.83
Net Debt / Equity—0.540.811.030.68-0.560.361.491.211.001.57
Net Debt / EBITDA——65.7839.9621.24———52.5612.0147.59
Debt / FCF——184.9739.4831.61——8.57372.29—93.08
Interest Coverage-0.87-0.870.090.372.38-1.30-0.19-0.090.180.860.32

BYFC Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.030.030.190.560.460.460.340.090.110.140.11
Quick Ratio0.030.030.190.560.460.460.340.090.110.140.11
Cash Ratio0.010.010.080.140.020.270.300.050.060.080.06
Asset Turnover—0.050.050.040.030.030.040.040.040.040.04
Inventory Turnover———————————
Days Sales Outstanding———————————

BYFC Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield3.6%4.7%2.5%—0.0%0.0%—————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield——0.6%7.5%7.9%———2.9%3.0%7.3%
FCF Yield——2.0%12.4%8.4%——20.5%0.6%—1.6%
Buyback Yield0.0%0.0%0.0%3.0%0.0%0.0%0.0%0.0%0.0%0.0%8.4%
Total Shareholder Yield3.6%4.7%2.5%3.0%0.0%0.0%0.0%0.0%0.0%0.0%8.4%
Shares Outstanding—$9M$9M$9M$9M$8M$3M$3M$3M$3M$4M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetStrained
Cash FlowMixed
Top Statement Risk

Urban CRE concentration risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Deep Discount Reflects Operational Uncertainty

According to recent market data, BYFC trades at a P/B ratio of 0.34, which suggests that investors are heavily discounting the bank's tangible book value due to persistent profitability challenges and the lack of a clear path toward achieving a sustainable return on equity above the cost of capital.

The current valuation multiple indicates that the market views the bank as a distressed asset rather than a franchise with a viable growth trajectory. This deep discount to book value implies that the market is pricing in significant potential for further asset quality deterioration or a prolonged period of negative earnings, effectively ignoring the potential value of its unique MDI/CDFI capital access.

DuPont Decomposition Reveals Structural Weakness

As reported in financial statements, the bank's ROE has struggled to remain positive, with a 2025Q3 low of -8.7%, indicating that the combination of thin NIMs and high operating expenses is currently failing to generate meaningful returns for common shareholders despite the bank's specialized mission-driven funding advantages.

The DuPont analysis highlights that the bank's profitability is severely constrained by an inability to leverage its asset base effectively. The persistent negative net margin suggests that the cost of maintaining its specialized urban lending operations outweighs the interest income generated, leaving little room for error in credit underwriting or expense management.

Margin Compression and Efficiency Hurdles

Based on quarterly filings, the bank's NIM has remained stagnant between 0.5% and 0.7% over the last ten quarters, while the efficiency ratio spiked to 194.4% in 2025Q3, demonstrating a fundamental inability to control operating costs relative to the revenue generated from its niche loan portfolio.

The lack of NIM expansion in a volatile rate environment suggests that the bank's funding costs are highly sensitive, potentially offsetting the benefits of its low-cost government capital. Investors should monitor whether the bank can rationalize its high fixed-cost structure, as the current efficiency levels are unsustainable for a regional institution of this size.

Misapplication of P/E Multiples

As noted in institutional research, the P/E ratio is the most commonly misapplied metric for BYFC, as it obscures the impact of volatile loan loss provisions and non-recurring grant income that frequently distort the bank's true operational performance and earnings quality.

Using P/E to value this bank is misleading because it fails to account for the non-cash nature of credit provisions and the lumpy, non-recurring nature of CDFI grant income. Analysts should instead focus on P/TBV and normalized ROTCE to better assess the bank's underlying capital strength and its ability to generate value from its specialized urban real estate lending niche.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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BYFC — Frequently Asked Questions

Quick answers to the most common questions about buying BYFC stock.

What is Broadway Financial Corporation's P/E ratio?

Broadway Financial Corporation's current P/E ratio is -3.0x. The historical average is 22.9x.

What is Broadway Financial Corporation's ROE?

Broadway Financial Corporation's return on equity (ROE) is -9.0%. The historical average is 1.5%.

Is BYFC stock overvalued?

Based on historical data, Broadway Financial Corporation is trading at a P/E of -3.0x. Compare with industry peers and growth rates for a complete picture.

What is Broadway Financial Corporation's dividend yield?

Broadway Financial Corporation's current dividend yield is 3.59%.

What are Broadway Financial Corporation's profit margins?

Broadway Financial Corporation has 51.9% gross margin and -38.8% operating margin.