ACNB CORP (ACNB)
US0008681092 - Common Stock
We assign a fundamental rating of 4 out of 10 to ACNB. ACNB was compared to 411 industry peers in the Banks industry. There are concerns on the financial health of ACNB while its profitability can be described as average. ACNB has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
ACNB had positive earnings in the past year.
In the past year ACNB had a positive cash flow from operations.
In the past 5 years ACNB has always been profitable.
In the past 5 years ACNB always reported a positive cash flow from operatings.
1.2 Ratios
ACNB's Return On Assets of 1.31% is amongst the best of the industry. ACNB outperforms 82.97% of its industry peers.
Looking at the Return On Equity, with a value of 11.42%, ACNB is in the better half of the industry, outperforming 74.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 11.42% | ||
| ROIC | N/A |
ROA(3y)1.24%
ROA(5y)1.16%
ROE(3y)12.08%
ROE(5y)11.18%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 29.67%, ACNB is in the better half of the industry, outperforming 74.21% of the companies in the same industry.
ACNB's Profit Margin has been stable in the last couple of years.
ACNB 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) | 29.67% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y14.56%
PM growth 5Y-0.03%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ACNB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ACNB has about the same amount of shares outstanding.
Compared to 5 years ago, ACNB has more shares outstanding
ACNB has a worse debt/assets ratio than last year.
2.2 Solvency
ACNB has a debt to FCF ratio of 1.20. This is a very positive value and a sign of high solvency as it would only need 1.20 years to pay back of all of its debts.
ACNB has a Debt to FCF ratio of 1.20. This is in the better half of the industry: ACNB outperforms 72.75% of its industry peers.
ACNB has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
ACNB has a Debt to Equity ratio of 0.17. This is in the better half of the industry: ACNB outperforms 62.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.2 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.37%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for ACNB have decreased strongly by -10.33% in the last year.
Measured over the past 5 years, ACNB shows a small growth in Earnings Per Share. The EPS has been growing by 3.74% on average per year.
Looking at the last year, ACNB shows a small growth in Revenue. The Revenue has grown by 1.46% in the last year.
Measured over the past years, ACNB shows a small growth in Revenue. The Revenue has been growing by 7.90% on average per year.
EPS 1Y (TTM)-10.33%
EPS 3Y20.34%
EPS 5Y3.74%
EPS growth Q2Q-60%
Revenue 1Y (TTM)1.46%
Revenue growth 3Y4.63%
Revenue growth 5Y7.9%
Revenue growth Q2Q-23.78%
3.2 Future
ACNB is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.76% yearly.
Based on estimates for the next years, ACNB will show a small growth in Revenue. The Revenue will grow by 0.16% on average per year.
EPS Next Y-7.73%
EPS Next 2Y-1.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.66%
Revenue Next 2Y0.16%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 9.18, the valuation of ACNB can be described as very reasonable.
ACNB's Price/Earnings is on the same level as the industry average.
ACNB is valuated cheaply when we compare the Price/Earnings ratio to 24.92, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 9.95 indicates a reasonable valuation of ACNB.
64.48% of the companies in the same industry are more expensive than ACNB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.49, ACNB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.18 | ||
| Fwd PE | 9.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ACNB indicates a somewhat cheap valuation: ACNB is cheaper than 67.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.37 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.46
EPS Next 2Y-1.76%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ACNB has a Yearly Dividend Yield of 3.77%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of ACNB has falen by -26.76%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.81, ACNB has a dividend in line with its industry peers.
ACNB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
5.2 History
The dividend of ACNB has a limited annual growth rate of 4.99%.
ACNB has been paying a dividend for at least 10 years, so it has a reliable track record.
ACNB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.99%
Div Incr Years6
Div Non Decr Years16
5.3 Sustainability
30.63% of the earnings are spent on dividend by ACNB. This is a low number and sustainable payout ratio.
DP30.63%
EPS Next 2Y-1.76%
EPS Next 3YN/A
ACNB CORP
NASDAQ:ACNB (4/26/2024, 7:00:00 PM)
After market: 34.16 0 (0%)34.16
+0.96 (+2.89%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap290.70M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.18 | ||
| Fwd PE | 9.95 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 11.42% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 29.67% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-10.33%
EPS 3Y20.34%
EPS 5Y
EPS growth Q2Q
EPS Next Y-7.73%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.46%
Revenue growth 3Y4.63%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y