ALERUS FINANCIAL CORP (ALRS) Stock Fundamental Analysis
NASDAQ:ALRS - US01446U1034 - Common Stock
22.58 USD
-0.22 (-0.96%)
22.58 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to ALRS. ALRS was compared to 102 industry peers in the Financial Services industry. ALRS has a bad profitability rating. Also its financial health evaluation is rather negative. ALRS has a decent growth rate and is not valued too expensively. 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.
In the past 5 years ALRS has always 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 of 0.72%. This is comparable to the rest of the industry: ALRS outperforms 40.20% of its industry peers.
ALRS's Return On Equity of 7.21% is in line compared to the rest of the industry. ALRS outperforms 45.10% 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
Looking at the Profit Margin, with a value of 14.42%, ALRS is in the better half of the industry, outperforming 60.78% 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) | 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.
The number of shares outstanding for ALRS has been increased compared to 1 year ago.
Compared to 5 years ago, ALRS has more shares outstanding
Compared to 1 year ago, ALRS has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of ALRS is 5.13, which is a neutral value as it means it would take ALRS, 5.13 years of fcf income to pay off all of its debts.
ALRS has a Debt to FCF ratio of 5.13. This is in the better half of the industry: ALRS outperforms 68.63% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that ALRS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.33, ALRS is in the better half of the industry, outperforming 61.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 5.13 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.2%
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.
Measured over the past years, ALRS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.21% on average per year.
The Revenue has grown by 56.79% 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)56.79%
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 34.11% yearly.
ALRS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.03% yearly.
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
With a Price/Earnings ratio of 13.36, ALRS is valued correctly.
ALRS's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of ALRS to the average of the S&P500 Index (27.06), we can say ALRS is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.10, the valuation of ALRS can be described as reasonable.
ALRS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ALRS is cheaper than 64.71% of the companies in the same industry.
ALRS is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.36 | ||
| Fwd PE | 9.1 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, ALRS is valued a bit cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.93 | ||
| 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 34.11% in the coming years.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y55.95%
EPS Next 3Y34.11%
5. Dividend
5.1 Amount
ALRS has a Yearly Dividend Yield of 3.68%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.58, ALRS pays a better dividend. On top of this ALRS pays more dividend than 83.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, ALRS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
5.2 History
The dividend of ALRS has a limited annual growth rate of 5.59%.
ALRS has been paying a dividend for at least 10 years, so it has 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
47.69% of the earnings are spent on dividend by ALRS. 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%
22.58
-0.22 (-0.96%)
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 Cap573.53M
Analysts76.36
Price Target26.21 (16.08%)
Short Float %1.01%
Short Ratio2.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
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)12.72%
PT rev (3m)15.25%
EPS NQ rev (1m)-0.34%
EPS NQ rev (3m)7.89%
EPS NY rev (1m)12.63%
EPS NY rev (3m)13.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.99%
Revenue NY rev (1m)1.47%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.36 | ||
| Fwd PE | 9.1 | ||
| P/S | 2.15 | ||
| P/FCF | 16.93 | ||
| P/OCF | 12.24 | ||
| P/B | 1.08 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.69
EY7.48%
EPS(NY)2.48
Fwd EY10.99%
FCF(TTM)1.33
FCFY5.91%
OCF(TTM)1.85
OCFY8.17%
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
WACC15.2%
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%