AMERIS BANCORP (ABCB) Stock Fundamental Analysis
NYSE:ABCB - New York Stock Exchange, Inc. - US03076K1088 - Common Stock - Currency: USD
Overall ABCB gets a fundamental rating of 4 out of 10. We evaluated ABCB against 398 industry peers in the Banks industry. There are concerns on the financial health of ABCB while its profitability can be described as average. While showing a medium growth rate, ABCB is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
ABCB had positive earnings in the past year.
In the past year ABCB had a positive cash flow from operations.
Each year in the past 5 years ABCB has been profitable.
ABCB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ABCB's Return On Assets of 1.37% is amongst the best of the industry. ABCB outperforms 87.94% of its industry peers.
The Return On Equity of ABCB (9.56%) is better than 62.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 9.56% | ||
| ROIC | N/A |
ROA(3y)1.27%
ROA(5y)1.34%
ROE(3y)9.42%
ROE(5y)10.17%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ABCB has a better Profit Margin (31.40%) than 85.43% of its industry peers.
ABCB's Profit Margin has improved in the last couple of years.
ABCB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 31.4% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.26%
PM growth 5Y6.47%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ABCB does not have a ROIC to compare to the WACC, probably because it is not profitable.
ABCB has about the same amout of shares outstanding than it did 1 year ago.
ABCB has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ABCB has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of ABCB is 2.32, which is a good value as it means it would take ABCB, 2.32 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.32, ABCB is in line with its industry, outperforming 46.48% of the companies in the same industry.
A Debt/Equity ratio of 0.09 indicates that ABCB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.09, ABCB is in the better half of the industry, outperforming 74.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.1%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
ABCB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.44%, which is quite impressive.
The Earnings Per Share has been growing slightly by 5.77% on average over the past years.
ABCB shows a small growth in Revenue. In the last year, the Revenue has grown by 5.98%.
ABCB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.19% yearly.
EPS 1Y (TTM)25.44%
EPS 3Y-2.4%
EPS 5Y5.77%
EPS Q2Q%28.97%
Revenue 1Y (TTM)5.98%
Revenue growth 3Y3.82%
Revenue growth 5Y10.19%
Sales Q2Q%10.84%
3.2 Future
ABCB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.43% yearly.
ABCB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.74% yearly.
EPS Next Y2.84%
EPS Next 2Y7.43%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.2%
Revenue Next 2Y6.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.14, which indicates a very decent valuation of ABCB.
Compared to the rest of the industry, the Price/Earnings ratio of ABCB is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 28.79. ABCB is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 10.83, the valuation of ABCB can be described as reasonable.
60.05% of the companies in the same industry are cheaper than ABCB, based on the Price/Forward Earnings ratio.
ABCB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 10.83 |
4.2 Price Multiples
79.65% of the companies in the same industry are cheaper than ABCB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.5 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ABCB does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.91
PEG (5Y)1.93
EPS Next 2Y7.43%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.41%, ABCB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.54, ABCB is paying slightly less dividend.
With a Dividend Yield of 1.41, ABCB pays less dividend than the S&P500 average, which is at 2.47.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
5.2 History
On average, the dividend of ABCB grows each year by 7.29%, which is quite nice.
ABCB has been paying a dividend for at least 10 years, so it has a reliable track record.
As ABCB did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.29%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
11.56% of the earnings are spent on dividend by ABCB. This is a low number and sustainable payout ratio.
The dividend of ABCB is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP11.56%
EPS Next 2Y7.43%
EPS Next 3YN/A
56.02
-0.78 (-1.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners92.83%
Inst Owner Change0.05%
Ins Owners4.88%
Ins Owner Change-3.8%
Market Cap3.87B
Analysts81.82
Price Target74.29 (32.61%)
Short Float %1.9%
Short Ratio2.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
Yearly Dividend0.6
Dividend Growth(5Y)7.29%
DP11.56%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.94%
Min EPS beat(2)8.38%
Max EPS beat(2)13.5%
EPS beat(4)4
Avg EPS beat(4)6.6%
Min EPS beat(4)0.78%
Max EPS beat(4)13.5%
EPS beat(8)5
Avg EPS beat(8)-3.3%
EPS beat(12)7
Avg EPS beat(12)-2.22%
EPS beat(16)9
Avg EPS beat(16)1.72%
Revenue beat(2)1
Avg Revenue beat(2)0.1%
Min Revenue beat(2)-3.02%
Max Revenue beat(2)3.22%
Revenue beat(4)3
Avg Revenue beat(4)2.44%
Min Revenue beat(4)-3.02%
Max Revenue beat(4)8.04%
Revenue beat(8)4
Avg Revenue beat(8)1.04%
Revenue beat(12)6
Avg Revenue beat(12)0.89%
Revenue beat(16)8
Avg Revenue beat(16)0.41%
PT rev (1m)-4.17%
PT rev (3m)-0.5%
EPS NQ rev (1m)1.39%
EPS NQ rev (3m)-3.56%
EPS NY rev (1m)0.13%
EPS NY rev (3m)0.86%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-0.96%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 10.83 | ||
| P/S | 3.39 | ||
| P/FCF | 27.5 | ||
| P/OCF | 25.09 | ||
| P/B | 1.03 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.03
EY8.98%
EPS(NY)5.17
Fwd EY9.23%
FCF(TTM)2.04
FCFY3.64%
OCF(TTM)2.23
OCFY3.99%
SpS16.54
BVpS54.31
TBVpS38.59
PEG (NY)3.91
PEG (5Y)1.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 9.56% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 31.4% | ||
| GM | N/A | ||
| FCFM | 12.32% |
ROA(3y)1.27%
ROA(5y)1.34%
ROE(3y)9.42%
ROE(5y)10.17%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.26%
PM growth 5Y6.47%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 2.32 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 28.84% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 39.23% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC17.1%
ROIC/WACCN/A
Cap/Depr(3y)33.51%
Cap/Depr(5y)46.11%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.64%
Profit Quality(3y)182.29%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.44%
EPS 3Y-2.4%
EPS 5Y5.77%
EPS Q2Q%28.97%
EPS Next Y2.84%
EPS Next 2Y7.43%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.98%
Revenue growth 3Y3.82%
Revenue growth 5Y10.19%
Sales Q2Q%10.84%
Revenue Next Year5.2%
Revenue Next 2Y6.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-74.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-72.9%
OCF growth 3Y156.85%
OCF growth 5YN/A