ALERUS FINANCIAL CORP (ALRS) Stock Fundamental Analysis
USA - NASDAQ:ALRS - US01446U1034 - Common Stock
22.62 USD
-0.13 (-0.57%)
22.62 USD
0 (0%)
Taking everything into account, ALRS scores 4 out of 10 in our fundamental rating. ALRS was compared to 101 industry peers in the Financial Services industry. ALRS has a bad profitability rating. Also its financial health evaluation is rather negative. ALRS is not valued too expensively and it also shows a decent growth rate. ALRS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ALRS had positive earnings in the past year.
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 (0.72%) which is in line with its industry peers.
ALRS's Return On Equity of 7.21% is in line compared to the rest of the industry. ALRS outperforms 45.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 7.21% | ||
| 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
The Profit Margin of ALRS (14.42%) is better than 61.39% of its industry peers.
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) | 14.42% | ||
| 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
ALRS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ALRS has an improved debt to assets ratio.
2.2 Solvency
ALRS has a debt to FCF ratio of 5.13. This is a neutral value as ALRS would need 5.13 years to pay back of all of its debts.
ALRS's Debt to FCF ratio of 5.13 is fine compared to the rest of the industry. ALRS outperforms 69.31% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that ALRS is not too dependend on debt financing.
ALRS's Debt to Equity ratio of 0.33 is fine compared to the rest of the industry. ALRS outperforms 63.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 5.13 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.26%
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.
Looking at the last year, ALRS shows a very strong growth in Revenue. The Revenue has grown by 56.79%.
ALRS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.29% yearly.
EPS 1Y (TTM)7.64%
EPS 3Y-30.05%
EPS 5Y-13.21%
EPS Q2Q%151.61%
Revenue 1Y (TTM)56.79%
Revenue growth 3Y-1.81%
Revenue growth 5Y3.29%
Sales Q2Q%45.59%
3.2 Future
Based on estimates for the next years, ALRS will show a very strong growth in Earnings Per Share. The EPS will grow by 34.11% on average per year.
The Revenue is expected to grow by 12.03% on average over the next years. This is quite good.
EPS Next Y145.25%
EPS Next 2Y55.95%
EPS Next 3Y34.11%
EPS Next 5YN/A
Revenue Next Year34.42%
Revenue Next 2Y17.53%
Revenue Next 3Y12.03%
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
ALRS is valuated correctly with a Price/Earnings ratio of 13.38.
ALRS's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.32. ALRS is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.12 indicates a reasonable valuation of ALRS.
62.38% of the companies in the same industry are more expensive than ALRS, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.89. ALRS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.38 | ||
| Fwd PE | 9.12 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALRS indicates a somewhat cheap valuation: ALRS is cheaper than 66.34% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.96 | ||
| 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.
ALRS's earnings are expected to grow with 34.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y55.95%
EPS Next 3Y34.11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.59%, ALRS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.03, ALRS pays a bit more dividend than its industry peers.
ALRS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.59%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
ALRS pays out 47.69% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of ALRS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP47.69%
EPS Next 2Y55.95%
EPS Next 3Y34.11%
22.62
-0.13 (-0.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners54.21%
Inst Owner Change5.02%
Ins Owners4.21%
Ins Owner Change2.27%
Market Cap574.55M
Analysts76.36
Price Target26.21 (15.87%)
Short Float %1.5%
Short Ratio4.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
Yearly Dividend0.69
Dividend Growth(5Y)5.59%
DP47.69%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.83%
Min EPS beat(2)20.12%
Max EPS beat(2)39.54%
EPS beat(4)2
Avg EPS beat(4)-10.65%
Min EPS beat(4)-59.92%
Max EPS beat(4)39.54%
EPS beat(8)4
Avg EPS beat(8)3.87%
EPS beat(12)6
Avg EPS beat(12)2.51%
EPS beat(16)9
Avg EPS beat(16)6.45%
Revenue beat(2)2
Avg Revenue beat(2)3.29%
Min Revenue beat(2)1.94%
Max Revenue beat(2)4.63%
Revenue beat(4)3
Avg Revenue beat(4)3.54%
Min Revenue beat(4)-5.71%
Max Revenue beat(4)13.28%
Revenue beat(8)6
Avg Revenue beat(8)2.1%
Revenue beat(12)6
Avg Revenue beat(12)-0.15%
Revenue beat(16)8
Avg Revenue beat(16)-0.57%
PT rev (1m)0%
PT rev (3m)15.25%
EPS NQ rev (1m)-0.34%
EPS NQ rev (3m)2.13%
EPS NY rev (1m)0%
EPS NY rev (3m)13.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.38 | ||
| Fwd PE | 9.12 | ||
| P/S | 2.15 | ||
| P/FCF | 16.96 | ||
| P/OCF | 12.26 | ||
| P/B | 1.08 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.69
EY7.47%
EPS(NY)2.48
Fwd EY10.97%
FCF(TTM)1.33
FCFY5.9%
OCF(TTM)1.85
OCFY8.16%
SpS10.5
BVpS20.99
TBVpS15.82
PEG (NY)0.09
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 7.21% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 14.42% | ||
| GM | N/A | ||
| FCFM | 12.71% |
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 | 0.33 | ||
| Debt/FCF | 5.13 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 98.15% | ||
| Cap/Sales | 4.87% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 88.12% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC15.26%
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 Y145.25%
EPS Next 2Y55.95%
EPS Next 3Y34.11%
EPS Next 5YN/A
Revenue 1Y (TTM)56.79%
Revenue growth 3Y-1.81%
Revenue growth 5Y3.29%
Sales Q2Q%45.59%
Revenue Next Year34.42%
Revenue Next 2Y17.53%
Revenue Next 3Y12.03%
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-64.3%
FCF growth 3Y-51.79%
FCF growth 5Y0.35%
OCF growth 1Y-51.83%
OCF growth 3Y-42.18%
OCF growth 5Y8.57%