ALERUS FINANCIAL CORP (ALRS)
US01446U1034 - Common Stock
ALRS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 102 industry peers in the Financial Services industry. Both the profitability and financial health of ALRS have multiple concerns. ALRS has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year ALRS was profitable.
In the past year ALRS had a positive cash flow from operations.
Each year in the past 5 years ALRS has been profitable.
Of the past 5 years ALRS 4 years had a positive operating cash flow.
1.2 Ratios
ALRS has a Return On Assets (0.30%) which is comparable to the rest of the industry.
ALRS has a Return On Equity (3.17%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.3% | ||
| ROE | 3.17% | ||
| ROIC | N/A |
ROA(3y)0.96%
ROA(5y)1.11%
ROE(3y)9.57%
ROE(5y)10.42%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ALRS has a Profit Margin of 6.96%. This is comparable to the rest of the industry: ALRS outperforms 46.08% of its industry peers.
In the last couple of years the Profit Margin of ALRS has declined.
The Operating Margin and Gross Margin are not available for ALRS so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 6.96% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-28.22%
PM growth 5Y-13.72%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ALRS does not have a ROIC to compare to the WACC, probably because it is not profitable.
ALRS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ALRS has more shares outstanding
The debt/assets ratio for ALRS has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of ALRS is 6.71, which is on the high side as it means it would take ALRS, 6.71 years of fcf income to pay off all of its debts.
ALRS has a Debt to FCF ratio (6.71) which is comparable to the rest of the industry.
ALRS has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
ALRS's Debt to Equity ratio of 0.47 is in line compared to the rest of the industry. ALRS outperforms 55.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 6.71 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.23%
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 ALRS have decreased strongly by -14.35% in the last year.
The earnings per share for ALRS have been decreasing by -17.50% on average. This is quite bad
The Revenue for ALRS has decreased by -20.33% in the past year. This is quite bad
Measured over the past years, ALRS shows a decrease in Revenue. The Revenue has been decreasing by -1.13% on average per year.
EPS 1Y (TTM)-14.35%
EPS 3Y-10.66%
EPS 5Y-17.5%
EPS growth Q2Q-7.55%
Revenue 1Y (TTM)-20.33%
Revenue growth 3Y-10.34%
Revenue growth 5Y-1.13%
Revenue growth Q2Q-57.43%
3.2 Future
Based on estimates for the next years, ALRS will show a small growth in Earnings Per Share. The EPS will grow by 1.59% on average per year.
The Revenue is expected to grow by 6.52% on average over the next years.
EPS Next Y-12.58%
EPS Next 2Y1.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.8%
Revenue Next 2Y6.52%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.59, which indicates a very decent valuation of ALRS.
ALRS's Price/Earnings ratio is a bit cheaper when compared to the industry. ALRS is cheaper than 69.61% of the companies in the same industry.
When comparing the Price/Earnings ratio of ALRS to the average of the S&P500 Index (24.76), we can say ALRS is valued rather cheaply.
ALRS is valuated correctly with a Price/Forward Earnings ratio of 13.26.
ALRS's Price/Forward Earnings is on the same level as the industry average.
ALRS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.59 | ||
| Fwd PE | 13.26 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, ALRS is valued a bit cheaper than the industry average as 67.65% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.99 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.59%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ALRS has a Yearly Dividend Yield of 3.81%.
ALRS's Dividend Yield is rather good when compared to the industry average which is at 3.54. ALRS pays more dividend than 86.27% of the companies in the same industry.
ALRS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.81% |
5.2 History
On average, the dividend of ALRS grows each year by 34.14%, which is quite nice.
ALRS has paid a dividend for at least 10 years, which is a reliable track record.
ALRS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)34.14%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
126.73% of the earnings are spent on dividend by ALRS. This is not a sustainable payout ratio.
The dividend of ALRS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP126.73%
EPS Next 2Y1.59%
EPS Next 3YN/A
ALERUS FINANCIAL CORP
NASDAQ:ALRS (4/19/2024, 7:00:00 PM)
After market: 20.75 0 (0%)20.75
+0.85 (+4.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap412.72M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.81% |
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 | 11.59 | ||
| Fwd PE | 13.26 | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.3% | ||
| ROE | 3.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 6.96% | ||
| 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 | 0.47 | ||
| 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)-14.35%
EPS 3Y-10.66%
EPS 5Y
EPS growth Q2Q
EPS Next Y-12.58%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-20.33%
Revenue growth 3Y-10.34%
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