ALERUS FINANCIAL CORP (ALRS) Stock Fundamental Analysis
NASDAQ:ALRS - Nasdaq - US01446U1034 - Common Stock - Currency: USD
Overall ALRS gets a fundamental rating of 4 out of 10. We evaluated ALRS against 101 industry peers in the Financial Services industry. ALRS has a bad profitability rating. Also its financial health evaluation is rather negative. ALRS has a correct valuation and a medium growth rate. Finally ALRS also has an excellent dividend rating.
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.
ALRS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.46%, ALRS is doing worse than 64.36% of the companies in the same industry.
ALRS has a worse Return On Equity (4.78%) than 66.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 4.78% | ||
| ROIC | N/A |
ROA(3y)0.56%
ROA(5y)0.93%
ROE(3y)5.95%
ROE(5y)9.12%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 10.10%, ALRS perfoms like the industry average, outperforming 50.49% of the companies in the same industry.
In the last couple of years the Profit Margin of ALRS has declined.
ALRS 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) | 10.1% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-28.79%
PM growth 5Y-12.19%
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.
Compared to 1 year ago, ALRS has more shares outstanding
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
ALRS has a debt to FCF ratio of 5.30. This is a neutral value as ALRS would need 5.30 years to pay back of all of its debts.
ALRS has a better Debt to FCF ratio (5.30) than 68.32% of its industry peers.
ALRS has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
ALRS has a better Debt to Equity ratio (0.11) than 74.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 5.3 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.63%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.64% over the past year.
ALRS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.21% yearly.
The Revenue has grown by 32.07% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 3.29% on average over the past years.
EPS 1Y (TTM)7.64%
EPS 3Y-30.05%
EPS 5Y-13.21%
EPS Q2Q%151.61%
Revenue 1Y (TTM)32.07%
Revenue growth 3Y-1.81%
Revenue growth 5Y3.29%
Sales Q2Q%45.59%
3.2 Future
ALRS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 54.14% yearly.
Based on estimates for the next years, ALRS will show a quite strong growth in Revenue. The Revenue will grow by 17.20% on average per year.
EPS Next Y117.75%
EPS Next 2Y54.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year32.47%
Revenue Next 2Y17.2%
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.
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
Based on the Price/Earnings ratio of 12.27, the valuation of ALRS can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as ALRS.
When comparing the Price/Earnings ratio of ALRS to the average of the S&P500 Index (26.48), we can say ALRS is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.56, the valuation of ALRS can be described as reasonable.
Based on the Price/Forward Earnings ratio, ALRS is valued a bit cheaper than 64.36% of the companies in the same industry.
ALRS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.27 | ||
| Fwd PE | 8.56 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALRS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.26 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ALRS's earnings are expected to grow with 54.14% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y54.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ALRS has a Yearly Dividend Yield of 4.01%, which is a nice return.
ALRS's Dividend Yield is a higher than the industry average which is at 5.33.
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 | 4.01% |
5.2 History
The dividend of ALRS has a limited annual growth rate of 5.59%.
ALRS has paid a dividend for at least 10 years, which is a reliable track record.
ALRS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.59%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
ALRS pays out 68.22% of its income as dividend. This is not a sustainable payout ratio.
ALRS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP68.22%
EPS Next 2Y54.14%
EPS Next 3YN/A
20.74
+0.25 (+1.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners54.09%
Inst Owner Change0.39%
Ins Owners4.22%
Ins Owner Change2.07%
Market Cap526.59M
Analysts76.36
Price Target26.21 (26.37%)
Short Float %0.97%
Short Ratio3.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
Yearly Dividend0.69
Dividend Growth(5Y)5.59%
DP68.22%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-19.9%
Min EPS beat(2)-59.92%
Max EPS beat(2)20.12%
EPS beat(4)1
Avg EPS beat(4)-24.64%
Min EPS beat(4)-59.92%
Max EPS beat(4)20.12%
EPS beat(8)4
Avg EPS beat(8)1.06%
EPS beat(12)5
Avg EPS beat(12)-1.46%
EPS beat(16)9
Avg EPS beat(16)4.91%
Revenue beat(2)2
Avg Revenue beat(2)7.61%
Min Revenue beat(2)1.94%
Max Revenue beat(2)13.28%
Revenue beat(4)3
Avg Revenue beat(4)3.05%
Min Revenue beat(4)-5.71%
Max Revenue beat(4)13.28%
Revenue beat(8)5
Avg Revenue beat(8)1.13%
Revenue beat(12)5
Avg Revenue beat(12)-1.19%
Revenue beat(16)8
Avg Revenue beat(16)-0.71%
PT rev (1m)2.24%
PT rev (3m)7.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.08%
EPS NY rev (1m)0.58%
EPS NY rev (3m)8.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.89%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)3.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.27 | ||
| Fwd PE | 8.56 | ||
| P/S | 2.17 | ||
| P/FCF | 47.26 | ||
| P/OCF | 21.33 | ||
| P/B | 1.02 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.69
EY8.15%
EPS(NY)2.42
Fwd EY11.69%
FCF(TTM)0.44
FCFY2.12%
OCF(TTM)0.97
OCFY4.69%
SpS9.58
BVpS20.25
TBVpS14.97
PEG (NY)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 4.78% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 10.1% | ||
| GM | N/A | ||
| FCFM | 4.58% |
ROA(3y)0.56%
ROA(5y)0.93%
ROE(3y)5.95%
ROE(5y)9.12%
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-28.79%
PM growth 5Y-12.19%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 5.3 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 116.94% | ||
| Cap/Sales | 5.57% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 45.36% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC15.63%
ROIC/WACCN/A
Cap/Depr(3y)61.36%
Cap/Depr(5y)49.08%
Cap/Sales(3y)2.77%
Cap/Sales(5y)2.13%
Profit Quality(3y)189.88%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.64%
EPS 3Y-30.05%
EPS 5Y-13.21%
EPS Q2Q%151.61%
EPS Next Y117.75%
EPS Next 2Y54.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)32.07%
Revenue growth 3Y-1.81%
Revenue growth 5Y3.29%
Sales Q2Q%45.59%
Revenue Next Year32.47%
Revenue Next 2Y17.2%
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-82.99%
FCF growth 3Y-51.79%
FCF growth 5Y0.35%
OCF growth 1Y-63.75%
OCF growth 3Y-42.18%
OCF growth 5Y8.57%