CHEMUNG FINANCIAL CORP (CHMG) Stock Fundamental Analysis
USA - NASDAQ:CHMG - US1640241014 - Common Stock
50.79 USD
+0.44 (+0.87%)
51.5 USD
+0.71 (+1.4%)
Overall CHMG gets a fundamental rating of 4 out of 10. We evaluated CHMG against 388 industry peers in the Banks industry. CHMG has a bad profitability rating. Also its financial health evaluation is rather negative. CHMG is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
CHMG had positive earnings in the past year.
In the past year CHMG had a positive cash flow from operations.
In the past 5 years CHMG has always been profitable.
CHMG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CHMG's Return On Assets of 0.39% is on the low side compared to the rest of the industry. CHMG is outperformed by 80.77% of its industry peers.
CHMG has a worse Return On Equity (4.78%) than 77.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 4.78% | ||
| ROIC | N/A |
ROA(3y)0.95%
ROA(5y)0.96%
ROE(3y)13.7%
ROE(5y)12.65%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CHMG has a worse Profit Margin (13.06%) than 78.97% of its industry peers.
CHMG's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for CHMG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 13.06% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.27%
PM growth 5Y4.69%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CHMG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CHMG has more shares outstanding
Compared to 5 years ago, CHMG has less shares outstanding
Compared to 1 year ago, CHMG has a worse debt to assets ratio.
2.2 Solvency
CHMG has a debt to FCF ratio of 1.64. This is a very positive value and a sign of high solvency as it would only need 1.64 years to pay back of all of its debts.
CHMG has a Debt to FCF ratio of 1.64. This is comparable to the rest of the industry: CHMG outperforms 53.85% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that CHMG is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.20, CHMG perfoms like the industry average, outperforming 42.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.64 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.92%
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 19.87% over the past year.
CHMG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.09% yearly.
Looking at the last year, CHMG shows a decrease in Revenue. The Revenue has decreased by -1.73% in the last year.
CHMG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.81% yearly.
EPS 1Y (TTM)19.87%
EPS 3Y-4.19%
EPS 5Y9.09%
EPS Q2Q%36.13%
Revenue 1Y (TTM)-1.73%
Revenue growth 3Y2.84%
Revenue growth 5Y3.81%
Sales Q2Q%18.39%
3.2 Future
Based on estimates for the next years, CHMG will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.79% on average per year.
The Revenue is expected to grow by 12.86% on average over the next years. This is quite good.
EPS Next Y20.22%
EPS Next 2Y21.15%
EPS Next 3Y18.79%
EPS Next 5YN/A
Revenue Next Year-3.97%
Revenue Next 2Y12.86%
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
A Price/Earnings ratio of 9.35 indicates a reasonable valuation of CHMG.
Compared to the rest of the industry, the Price/Earnings ratio of CHMG indicates a rather cheap valuation: CHMG is cheaper than 82.31% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CHMG to the average of the S&P500 Index (26.06), we can say CHMG is valued rather cheaply.
CHMG is valuated cheaply with a Price/Forward Earnings ratio of 6.98.
Based on the Price/Forward Earnings ratio, CHMG is valued cheaply inside the industry as 90.77% of the companies are valued more expensively.
CHMG is valuated cheaply when we compare the Price/Forward Earnings ratio to 32.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.35 | ||
| Fwd PE | 6.98 |
4.2 Price Multiples
78.46% of the companies in the same industry are more expensive than CHMG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.36 | ||
| 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 CHMG's earnings are expected to grow with 18.79% in the coming years.
PEG (NY)0.46
PEG (5Y)1.03
EPS Next 2Y21.15%
EPS Next 3Y18.79%
5. Dividend
5.1 Amount
CHMG has a Yearly Dividend Yield of 2.70%.
CHMG's Dividend Yield is comparable with the industry average which is at 3.38.
Compared to an average S&P500 Dividend Yield of 2.37, CHMG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
5.2 History
The dividend of CHMG is nicely growing with an annual growth rate of 8.39%!
CHMG has been paying a dividend for at least 10 years, so it has a reliable track record.
CHMG has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.39%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
66.67% of the earnings are spent on dividend by CHMG. This is not a sustainable payout ratio.
The dividend of CHMG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP66.67%
EPS Next 2Y21.15%
EPS Next 3Y18.79%
50.79
+0.44 (+0.87%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners45.96%
Inst Owner Change1.68%
Ins Owners7.29%
Ins Owner Change3.03%
Market Cap243.28M
Revenue(TTM)97.29M
Net Income(TTM)11.23M
Analysts82.5
Price Target61.2 (20.5%)
Short Float %0.73%
Short Ratio3.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
Yearly Dividend1.55
Dividend Growth(5Y)8.39%
DP66.67%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.34%
Min EPS beat(2)-2.56%
Max EPS beat(2)3.23%
EPS beat(4)3
Avg EPS beat(4)1.29%
Min EPS beat(4)-2.56%
Max EPS beat(4)3.7%
EPS beat(8)5
Avg EPS beat(8)5.84%
EPS beat(12)8
Avg EPS beat(12)5.8%
EPS beat(16)12
Avg EPS beat(16)9.42%
Revenue beat(2)0
Avg Revenue beat(2)-32.58%
Min Revenue beat(2)-62.48%
Max Revenue beat(2)-2.69%
Revenue beat(4)1
Avg Revenue beat(4)-16.4%
Min Revenue beat(4)-62.48%
Max Revenue beat(4)1.62%
Revenue beat(8)3
Avg Revenue beat(8)-8.52%
Revenue beat(12)4
Avg Revenue beat(12)-5.68%
Revenue beat(16)6
Avg Revenue beat(16)-4.18%
PT rev (1m)0.84%
PT rev (3m)8.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.55%
EPS NY rev (1m)1.43%
EPS NY rev (3m)3.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-13.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.35 | ||
| Fwd PE | 6.98 | ||
| P/S | 2.83 | ||
| P/FCF | 8.36 | ||
| P/OCF | 7.53 | ||
| P/B | 1.04 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.43
EY10.69%
EPS(NY)7.28
Fwd EY14.33%
FCF(TTM)6.08
FCFY11.96%
OCF(TTM)6.75
OCFY13.28%
SpS17.95
BVpS49.05
TBVpS44.5
PEG (NY)0.46
PEG (5Y)1.03
Graham Number77.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 4.78% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 13.06% | ||
| GM | N/A | ||
| FCFM | 33.85% |
ROA(3y)0.95%
ROA(5y)0.96%
ROE(3y)13.7%
ROE(5y)12.65%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.27%
PM growth 5Y4.69%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.64 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 176.69% | ||
| Cap/Sales | 3.74% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 259.15% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC19.92%
ROIC/WACCN/A
Cap/Depr(3y)80.7%
Cap/Depr(5y)56.24%
Cap/Sales(3y)1.55%
Cap/Sales(5y)1.22%
Profit Quality(3y)117.54%
Profit Quality(5y)125.93%
High Growth Momentum
Growth
EPS 1Y (TTM)19.87%
EPS 3Y-4.19%
EPS 5Y9.09%
EPS Q2Q%36.13%
EPS Next Y20.22%
EPS Next 2Y21.15%
EPS Next 3Y18.79%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.73%
Revenue growth 3Y2.84%
Revenue growth 5Y3.81%
Sales Q2Q%18.39%
Revenue Next Year-3.97%
Revenue Next 2Y12.86%
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-15.12%
FCF growth 3Y-9.29%
FCF growth 5Y0.51%
OCF growth 1Y-7.74%
OCF growth 3Y-5.62%
OCF growth 5Y2.46%
CHEMUNG FINANCIAL CORP / CHMG FAQ
Can you provide the ChartMill fundamental rating for CHEMUNG FINANCIAL CORP?
ChartMill assigns a fundamental rating of 4 / 10 to CHMG.
What is the valuation status of CHEMUNG FINANCIAL CORP (CHMG) stock?
ChartMill assigns a valuation rating of 7 / 10 to CHEMUNG FINANCIAL CORP (CHMG). This can be considered as Undervalued.
What is the profitability of CHMG stock?
CHEMUNG FINANCIAL CORP (CHMG) has a profitability rating of 3 / 10.
What is the earnings growth outlook for CHEMUNG FINANCIAL CORP?
The Earnings per Share (EPS) of CHEMUNG FINANCIAL CORP (CHMG) is expected to grow by 20.22% in the next year.
Can you provide the dividend sustainability for CHMG stock?
The dividend rating of CHEMUNG FINANCIAL CORP (CHMG) is 6 / 10 and the dividend payout ratio is 66.67%.