Logo image of ATLO

AMES NATIONAL CORP (ATLO) Stock Fundamental Analysis

NASDAQ:ATLO - Nasdaq - US0310011004 - Common Stock - Currency: USD

17.34  +0.03 (+0.17%)

After market: 17.34 0 (0%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to ATLO. ATLO was compared to 396 industry peers in the Banks industry. ATLO may be in some trouble as it scores bad on both profitability and health. ATLO has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

ATLO had positive earnings in the past year.
In the past year ATLO had a positive cash flow from operations.
Each year in the past 5 years ATLO has been profitable.
In the past 5 years ATLO always reported a positive cash flow from operatings.
ATLO Yearly Net Income VS EBIT VS OCF VS FCFATLO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

1.2 Ratios

ATLO has a worse Return On Assets (0.52%) than 75.00% of its industry peers.
ATLO's Return On Equity of 6.20% is on the low side compared to the rest of the industry. ATLO is outperformed by 68.94% of its industry peers.
Industry RankSector Rank
ROA 0.52%
ROE 6.2%
ROIC N/A
ROA(3y)0.63%
ROA(5y)0.79%
ROE(3y)8.44%
ROE(5y)9.16%
ROIC(3y)N/A
ROIC(5y)N/A
ATLO Yearly ROA, ROE, ROICATLO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

Looking at the Profit Margin, with a value of 19.86%, ATLO is doing worse than 63.13% of the companies in the same industry.
In the last couple of years the Profit Margin of ATLO has declined.
ATLO does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 19.86%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-19.65%
PM growth 5Y-10.19%
GM growth 3YN/A
GM growth 5YN/A
ATLO Yearly Profit, Operating, Gross MarginsATLO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

More info and screens

3

2. Health

2.1 Basic Checks

ATLO does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ATLO has less shares outstanding
Compared to 5 years ago, ATLO has less shares outstanding
Compared to 1 year ago, ATLO has an improved debt to assets ratio.
ATLO Yearly Shares OutstandingATLO Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M
ATLO Yearly Total Debt VS Total AssetsATLO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

ATLO has a debt to FCF ratio of 2.45. This is a good value and a sign of high solvency as ATLO would need 2.45 years to pay back of all of its debts.
The Debt to FCF ratio of ATLO (2.45) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.26 indicates that ATLO is not too dependend on debt financing.
The Debt to Equity ratio of ATLO (0.26) is worse than 66.41% of its industry peers.
Although ATLO does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 2.45
Altman-Z N/A
ROIC/WACCN/A
WACC18.84%
ATLO Yearly LT Debt VS Equity VS FCFATLO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
ATLO Yearly Current Assets VS Current LiabilitesATLO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

More info and screens

2

3. Growth

3.1 Past

ATLO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.70%, which is quite good.
ATLO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.38% yearly.
The Revenue has been growing slightly by 7.90% in the past year.
ATLO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.34% yearly.
EPS 1Y (TTM)14.7%
EPS 3Y-24.3%
EPS 5Y-9.38%
EPS Q2Q%50.7%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y-6.26%
Revenue growth 5Y0.34%
Sales Q2Q%18.18%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
ATLO Yearly Revenue VS EstimatesATLO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

ATLO is valuated correctly with a Price/Earnings ratio of 13.65.
Based on the Price/Earnings ratio, ATLO is valued a bit more expensive than 63.64% of the companies in the same industry.
When comparing the Price/Earnings ratio of ATLO to the average of the S&P500 Index (26.30), we can say ATLO is valued slightly cheaper.
Industry RankSector Rank
PE 13.65
Fwd PE N/A
ATLO Price Earnings VS Forward Price EarningsATLO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of ATLO indicates a somewhat cheap valuation: ATLO is cheaper than 78.28% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 7.88
EV/EBITDA N/A
ATLO Per share dataATLO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.52%, ATLO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.46, ATLO pays a better dividend. On top of this ATLO pays more dividend than 82.58% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ATLO pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.52%

5.2 History

The dividend of ATLO has a limited annual growth rate of 1.30%.
ATLO has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)1.3%
Div Incr Years0
Div Non Decr Years0
ATLO Yearly Dividends per shareATLO Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

74.28% of the earnings are spent on dividend by ATLO. This is not a sustainable payout ratio.
The Dividend Rate of ATLO has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP74.28%
EPS Next 2YN/A
EPS Next 3YN/A
ATLO Yearly Income VS Free CF VS DividendATLO Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
ATLO Dividend Payout.ATLO Dividend Payout, showing the Payout Ratio.ATLO Dividend Payout.PayoutRetained Earnings

More info and screens

AMES NATIONAL CORP

NASDAQ:ATLO (6/5/2025, 8:00:01 PM)

After market: 17.34 0 (0%)

17.34

+0.03 (+0.17%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-18 2025-04-18
Earnings (Next)07-17 2025-07-17
Inst Owners29.17%
Inst Owner Change-0.29%
Ins Owners1.45%
Ins Owner Change2.08%
Market Cap154.67M
Analysts0
Price TargetN/A
Short Float %0.82%
Short Ratio5.44
Dividend
Industry RankSector Rank
Dividend Yield 4.52%
Yearly Dividend1.01
Dividend Growth(5Y)1.3%
DP74.28%
Div Incr Years0
Div Non Decr Years0
Ex-Date05-30 2025-05-30 (0.2)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 13.65
Fwd PE N/A
P/S 2.7
P/FCF 7.88
P/OCF 7.71
P/B 0.84
P/tB 0.91
EV/EBITDA N/A
EPS(TTM)1.27
EY7.32%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.2
FCFY12.68%
OCF(TTM)2.25
OCFY12.96%
SpS6.41
BVpS20.52
TBVpS19.02
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.52%
ROE 6.2%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 19.86%
GM N/A
FCFM 34.31%
ROA(3y)0.63%
ROA(5y)0.79%
ROE(3y)8.44%
ROE(5y)9.16%
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-19.65%
PM growth 5Y-10.19%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 2.45
Debt/EBITDA N/A
Cap/Depr 25.64%
Cap/Sales 0.75%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 172.76%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score7
WACC18.84%
ROIC/WACCN/A
Cap/Depr(3y)146.89%
Cap/Depr(5y)117.52%
Cap/Sales(3y)4.73%
Cap/Sales(5y)3.78%
Profit Quality(3y)121.52%
Profit Quality(5y)127.03%
High Growth Momentum
Growth
EPS 1Y (TTM)14.7%
EPS 3Y-24.3%
EPS 5Y-9.38%
EPS Q2Q%50.7%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.9%
Revenue growth 3Y-6.26%
Revenue growth 5Y0.34%
Sales Q2Q%18.18%
Revenue Next YearN/A
Revenue Next 2YN/A
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 1Y16.37%
FCF growth 3Y-21.19%
FCF growth 5Y-6.31%
OCF growth 1Y-3.38%
OCF growth 3Y-22.29%
OCF growth 5Y-6.66%