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SRBKSR Bancorp, Inc. Common stock
$19.03$141M
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  4. Financial Ratios

SR Bancorp, Inc. Common stock (SRBK) Financial Ratios

Latest Ratios: P/E Ratio 31.2x · EV/EBITDA 13.8x · ROE 2.6%. (2020–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SRBK Valuation Multiples

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

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Market Cap$141M$114M$63M———
Enterprise Value$117M$89M$20M———
P/E Ratio →31.2022.13————
P/S Ratio2.832.281.65———
P/B Ratio0.830.590.32———
P/FCF33.4326.94————
P/OCF30.3324.44————

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

SRBK EV Ratios

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

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
EV / Revenue—1.790.51———
EV / EBITDA13.8010.56————
EV / EBIT19.0814.60————
EV / FCF—21.13————

SRBK Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

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

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Gross Margin66.3%66.3%59.5%86.0%89.6%83.2%
Operating Margin12.2%12.2%-30.7%10.4%15.1%9.7%
Net Profit Margin10.3%10.3%-28.3%8.9%12.7%8.7%

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
ROE2.6%2.6%-6.8%1.3%1.6%1.0%
ROA0.5%0.5%-1.3%0.2%0.3%0.2%
ROIC2.1%2.1%-5.1%1.0%1.4%0.9%
ROCE2.7%2.7%-6.5%1.3%1.7%1.1%

SRBK Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Debt / Equity0.170.170.010.16——
Debt / EBITDA3.923.92—9.11——
Net Debt / Equity—-0.13-0.22-0.18-0.30-0.47
Net Debt / EBITDA-2.90-2.90—-10.21-13.44-30.73
Debt / FCF—-5.81—-12.43-49.92-26.45
Interest Coverage0.370.37-1.020.741.460.58

Net cash position: cash ($58M) exceeds total debt ($33M)

SRBK Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Current Ratio0.070.070.060.160.160.21
Quick Ratio0.070.070.060.160.160.21
Cash Ratio0.070.070.060.080.070.11
Asset Turnover—0.050.040.030.020.02
Inventory Turnover——————
Days Sales Outstanding——————

SRBK 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 2024FY 2023FY 2022FY 2021FY 2020
Dividend Yield0.3%0.4%————
Payout Ratio8.6%8.6%————

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Earnings Yield3.2%4.5%————
FCF Yield3.0%3.7%————
Buyback Yield8.0%9.9%0.0%———
Total Shareholder Yield8.3%10.3%0.0%———
Shares Outstanding—$8M$7M$10M$10M$10M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

CRE concentration and NIM

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2025Q3)

Excess Capital Depresses Valuation Multiples

As reported in financial statements, SRBK trades at a P/B of 0.84, a valuation that appears to reflect the market's skepticism regarding the bank's ability to deploy its post-conversion capital base effectively to generate competitive returns on tangible equity compared to its regional peers.

The current P/B multiple suggests that investors are pricing the bank as a commodity balance sheet rather than a growth franchise. This valuation discount is likely a function of the bank's low ROE, which currently struggles to exceed 1%, indicating that the market is waiting for evidence of profitable asset deployment before re-rating the stock.

DuPont Analysis Reveals Profitability Constraints

Based on the provided financial data, SRBK's ROE remains severely constrained at 0.5% as of 2025Q3, a result of a compressed 0.7% NIM and an asset utilization profile that is heavily skewed toward lower-yielding investment securities rather than higher-margin commercial loan originations.

The bank's profitability is currently hindered by a lack of operating leverage, as the efficiency ratio remains elevated near 57.6%. Without a shift toward a more loan-heavy asset mix, the bank may continue to face difficulty in generating the earnings power necessary to justify its current capital structure.

Margin Compression Limits Operating Flexibility

According to recent quarterly filings, SRBK's NIM has remained stagnant at 0.7% for ten consecutive quarters, suggesting that the bank's funding costs are effectively neutralizing any potential yield benefits from its interest-earning assets in the current competitive New Jersey banking environment.

The persistent margin compression indicates that the bank lacks the pricing power to pass on higher funding costs to its borrowers. Investors should monitor whether the bank's efficiency ratio, which has fluctuated significantly, can be stabilized as the integration of recent acquisitions concludes.

Fortress Balance Sheet Hinders Returns

As noted in the balance sheet data, SRBK maintains an equity-to-assets ratio of 0.16, which provides a significant safety buffer but simultaneously acts as a drag on ROE by holding excess capital that is not currently being deployed into high-yielding commercial lending opportunities.

While this capital-rich position offers protection against regional economic volatility, it limits the bank's ability to achieve industry-standard return metrics. The bank's strategy of returning capital through buybacks appears to be a defensive response to this capital drag rather than a sign of organic growth.

P/E Ratio Misleading for Thrifts

Based on the provided financial data, the P/E ratio of 31.74 is a highly misleading metric for SRBK, as it fails to account for the distortive impact of one-time conversion expenses and the bank's current phase of excess capital accumulation following its mutual-to-stock transition.

Using P/E to evaluate a bank in this stage of its lifecycle obscures the underlying earnings power and ignores the significant capital buffer that differentiates it from more leveraged peers. Analysts should prioritize P/TBV as a more reliable indicator of value, as it better reflects the bank's tangible asset base and capital adequacy.

Download Financial Ratios Data

Includes 30+ ratios · 5 years · Updated daily

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SRBK — Frequently Asked Questions

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

What is SR Bancorp, Inc. Common stock's P/E ratio?

SR Bancorp, Inc. Common stock's current P/E ratio is 31.2x. The historical average is 22.1x. This places it at the 100th percentile of its historical range.

What is SR Bancorp, Inc. Common stock's EV/EBITDA?

SR Bancorp, Inc. Common stock's current EV/EBITDA is 13.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.6x.

What is SR Bancorp, Inc. Common stock's ROE?

SR Bancorp, Inc. Common stock's return on equity (ROE) is 2.6%. The historical average is -0.1%.

Is SRBK stock overvalued?

Based on historical data, SR Bancorp, Inc. Common stock is trading at a P/E of 31.2x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is SR Bancorp, Inc. Common stock's dividend yield?

SR Bancorp, Inc. Common stock's current dividend yield is 0.28% with a payout ratio of 8.6%.

What are SR Bancorp, Inc. Common stock's profit margins?

SR Bancorp, Inc. Common stock has 66.3% gross margin and 12.2% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does SR Bancorp, Inc. Common stock have?

SR Bancorp, Inc. Common stock's Debt/EBITDA ratio is 3.9x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.