SPFI Fair Value Estimate
$134.71224.7% undervalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
South Plains Financial Inc
Exchange: NASDAQSector: Financial ServicesIndustry: Banks - Regional
South Plains is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. South Plains provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with investment, trust and mortgage services.
Did you know?
Generated $20.9 in free cash flow for every $1 of capital expenditure in FY25.
Current Price
$41.49
+1.00%GoodMoat Value
$134.71
224.7% undervaluedProfile
Valuation (TTM)
Market Cap$674.12M
P/E11.53
EV—
P/B1.37
Shares Out16.25M
P/Sales3.26
Revenue$206.69M
EV/EBITDA2.28
South Plains Financial Inc (SPFI) Valuation
SPFI Valuation Metrics
FCF$73.96M
FCF Growth Rate18.51%
EPS Growth (CAGR)12.26%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →SPFI Valuation & Fair Value Analysis
South Plains Financial Inc (SPFI) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for South Plains Financial Inc is $134.71. The current stock price is $41.49, suggesting the stock is 224.7% undervalued.
The price-to-earnings (P/E) ratio is 11.53. Price-to-book ratio is 1.37. Price-to-sales ratio is 3.26. Enterprise value to EBITDA is 2.28. PEG ratio is -1.66.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of South Plains Financial Inc's intrinsic value.