CAPITAL CITY BANK GROUP INC (CCBG) Stock Fundamental Analysis
NASDAQ:CCBG - Nasdaq - US1396741050 - Common Stock - Currency: USD
Overall CCBG gets a fundamental rating of 4 out of 10. We evaluated CCBG against 398 industry peers in the Banks industry. There are concerns on the financial health of CCBG while its profitability can be described as average. CCBG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CCBG had positive earnings in the past year.
CCBG had a positive operating cash flow in the past year.
In the past 5 years CCBG has always been profitable.
Of the past 5 years CCBG 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CCBG (1.22%) is better than 79.90% of its industry peers.
Looking at the Return On Equity, with a value of 10.68%, CCBG is in the better half of the industry, outperforming 74.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.22% | ||
| ROE | 10.68% | ||
| ROIC | N/A |
ROA(3y)1.11%
ROA(5y)0.99%
ROE(3y)10.77%
ROE(5y)10%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CCBG has a Profit Margin (22.53%) which is comparable to the rest of the industry.
CCBG's Profit Margin has improved in the last couple of years.
CCBG 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) | 22.53% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y12.37%
PM growth 5Y2.72%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CCBG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CCBG has about the same amount of shares outstanding.
The number of shares outstanding for CCBG has been increased compared to 5 years ago.
CCBG has a better debt/assets ratio than last year.
2.2 Solvency
CCBG has a debt to FCF ratio of 1.48. This is a very positive value and a sign of high solvency as it would only need 1.48 years to pay back of all of its debts.
CCBG has a Debt to FCF ratio of 1.48. This is in the better half of the industry: CCBG outperforms 60.30% of its industry peers.
A Debt/Equity ratio of 0.16 indicates that CCBG is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.16, CCBG perfoms like the industry average, outperforming 53.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.75%
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 grown by an nice 9.77% over the past year.
The Earnings Per Share has been growing by 11.26% on average over the past years. This is quite good.
Looking at the last year, CCBG shows a small growth in Revenue. The Revenue has grown by 1.87% in the last year.
The Revenue has been growing by 8.48% on average over the past years. This is quite good.
EPS 1Y (TTM)9.77%
EPS 3Y13.75%
EPS 5Y11.26%
EPS Q2Q%33.78%
Revenue 1Y (TTM)1.87%
Revenue growth 3Y3.74%
Revenue growth 5Y8.48%
Sales Q2Q%8.85%
3.2 Future
The Earnings Per Share is expected to grow by 2.01% on average over the next years.
CCBG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.07% yearly.
EPS Next Y0.15%
EPS Next 2Y2.01%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.65%
Revenue Next 2Y5.07%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.08 indicates a reasonable valuation of CCBG.
61.81% of the companies in the same industry are more expensive than CCBG, based on the Price/Earnings ratio.
CCBG is valuated cheaply when we compare the Price/Earnings ratio to 28.22, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.50, the valuation of CCBG can be described as reasonable.
Based on the Price/Forward Earnings ratio, CCBG is valued a bit more expensive than the industry average as 63.32% of the companies are valued more cheaply.
CCBG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.08 | ||
| Fwd PE | 11.5 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CCBG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.6 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CCBG does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)75.23
PEG (5Y)0.98
EPS Next 2Y2.01%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CCBG has a Yearly Dividend Yield of 2.61%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.50, CCBG is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.44, CCBG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
5.2 History
On average, the dividend of CCBG grows each year by 12.97%, which is quite nice.
CCBG has been paying a dividend for at least 10 years, so it has a reliable track record.
As CCBG did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)12.97%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
CCBG pays out 28.17% of its income as dividend. This is a sustainable payout ratio.
The dividend of CCBG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP28.17%
EPS Next 2Y2.01%
EPS Next 3YN/A
37.35
+0.63 (+1.72%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners48.54%
Inst Owner Change0.2%
Ins Owners19.66%
Ins Owner Change0.96%
Market Cap636.82M
Analysts82.22
Price Target43.52 (16.52%)
Short Float %0.51%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
Yearly Dividend0.88
Dividend Growth(5Y)12.97%
DP28.17%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.84%
Min EPS beat(2)-0.69%
Max EPS beat(2)4.36%
EPS beat(4)3
Avg EPS beat(4)5.08%
Min EPS beat(4)-0.69%
Max EPS beat(4)12.24%
EPS beat(8)4
Avg EPS beat(8)2.33%
EPS beat(12)5
Avg EPS beat(12)2.02%
EPS beat(16)7
Avg EPS beat(16)3.05%
Revenue beat(2)0
Avg Revenue beat(2)-1.19%
Min Revenue beat(2)-1.34%
Max Revenue beat(2)-1.03%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-2.68%
Max Revenue beat(4)0.85%
Revenue beat(8)2
Avg Revenue beat(8)-1.97%
Revenue beat(12)4
Avg Revenue beat(12)-1.39%
Revenue beat(16)5
Avg Revenue beat(16)-1.71%
PT rev (1m)-1.16%
PT rev (3m)0.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.78%
EPS NY rev (1m)-0.54%
EPS NY rev (3m)3.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.84%
Revenue NY rev (1m)2%
Revenue NY rev (3m)2.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.08 | ||
| Fwd PE | 11.5 | ||
| P/S | 2.71 | ||
| P/FCF | 11.6 | ||
| P/OCF | 10.02 | ||
| P/B | 1.29 | ||
| P/tB | 1.58 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.37
EY9.02%
EPS(NY)3.25
Fwd EY8.69%
FCF(TTM)3.22
FCFY8.62%
OCF(TTM)3.73
OCFY9.98%
SpS13.78
BVpS29.05
TBVpS23.61
PEG (NY)75.23
PEG (5Y)0.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.22% | ||
| ROE | 10.68% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.53% | ||
| GM | N/A | ||
| FCFM | 23.36% |
ROA(3y)1.11%
ROA(5y)0.99%
ROE(3y)10.77%
ROE(5y)10%
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 3Y12.37%
PM growth 5Y2.72%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.48 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 110.94% | ||
| Cap/Sales | 3.7% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 103.72% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC11.75%
ROIC/WACCN/A
Cap/Depr(3y)92.98%
Cap/Depr(5y)114.59%
Cap/Sales(3y)3.21%
Cap/Sales(5y)3.99%
Profit Quality(3y)110.16%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.77%
EPS 3Y13.75%
EPS 5Y11.26%
EPS Q2Q%33.78%
EPS Next Y0.15%
EPS Next 2Y2.01%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.87%
Revenue growth 3Y3.74%
Revenue growth 5Y8.48%
Sales Q2Q%8.85%
Revenue Next Year6.65%
Revenue Next 2Y5.07%
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 1Y14.98%
FCF growth 3Y-19.75%
FCF growth 5Y1.92%
OCF growth 1Y16.05%
OCF growth 3Y-18.14%
OCF growth 5Y3.43%