CIVISTA BANCSHARES INC (CIVB) Stock Fundamental Analysis
USA - NASDAQ:CIVB - US1788671071 - Common Stock
21.47 USD
+0.15 (+0.7%)
21.47 USD
0 (0%)
Taking everything into account, CIVB scores 5 out of 10 in our fundamental rating. CIVB was compared to 388 industry peers in the Banks industry. Both the profitability and financial health of CIVB have multiple concerns. A decent growth rate in combination with a cheap valuation! Better keep an eye on CIVB. Finally CIVB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CIVB had positive earnings in the past year.
CIVB had a positive operating cash flow in the past year.
In the past 5 years CIVB has always been profitable.
Each year in the past 5 years CIVB had a positive operating cash flow.
1.2 Ratios
CIVB's Return On Assets of 1.06% is fine compared to the rest of the industry. CIVB outperforms 68.04% of its industry peers.
CIVB's Return On Equity of 8.71% is in line compared to the rest of the industry. CIVB outperforms 50.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 8.71% | ||
| ROIC | N/A |
ROA(3y)0.98%
ROA(5y)1.09%
ROE(3y)10.24%
ROE(5y)10.25%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CIVB (26.10%) is better than 63.40% of its industry peers.
CIVB's Profit Margin has declined in the last couple of years.
CIVB 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) | 26.1% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-14.24%
PM growth 5Y-8.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CIVB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CIVB has been reduced compared to 1 year ago.
CIVB has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CIVB has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of CIVB is 2.12, which is a good value as it means it would take CIVB, 2.12 years of fcf income to pay off all of its debts.
CIVB's Debt to FCF ratio of 2.12 is in line compared to the rest of the industry. CIVB outperforms 48.20% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that CIVB is not too dependend on debt financing.
CIVB has a Debt to Equity ratio (0.22) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.96%
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 impressive 33.33% over the past year.
CIVB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.10% yearly.
The Revenue for CIVB has decreased by -12.25% in the past year. This is quite bad
CIVB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.52% yearly.
EPS 1Y (TTM)33.33%
EPS 3Y-9.77%
EPS 5Y0.1%
EPS Q2Q%28.3%
Revenue 1Y (TTM)-12.25%
Revenue growth 3Y6.77%
Revenue growth 5Y7.52%
Sales Q2Q%8.25%
3.2 Future
CIVB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.90% yearly.
Based on estimates for the next years, CIVB will show a quite strong growth in Revenue. The Revenue will grow by 9.34% on average per year.
EPS Next Y32.8%
EPS Next 2Y14.51%
EPS Next 3Y12.9%
EPS Next 5YN/A
Revenue Next Year11.15%
Revenue Next 2Y10.99%
Revenue Next 3Y9.34%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CIVB is valuated reasonably with a Price/Earnings ratio of 8.01.
92.01% of the companies in the same industry are more expensive than CIVB, based on the Price/Earnings ratio.
CIVB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.07.
The Price/Forward Earnings ratio is 8.11, which indicates a very decent valuation of CIVB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CIVB indicates a rather cheap valuation: CIVB is cheaper than 80.15% of the companies listed in the same industry.
CIVB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.01 | ||
| Fwd PE | 8.11 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CIVB is valued a bit cheaper than the industry average as 77.58% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.09 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CIVB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CIVB's earnings are expected to grow with 12.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)80.67
EPS Next 2Y14.51%
EPS Next 3Y12.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.10%, CIVB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.39, CIVB has a dividend in line with its industry peers.
CIVB's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
5.2 History
On average, the dividend of CIVB grows each year by 7.71%, which is quite nice.
CIVB has been paying a dividend for at least 10 years, so it has a reliable track record.
CIVB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.71%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
25.47% of the earnings are spent on dividend by CIVB. This is a low number and sustainable payout ratio.
The dividend of CIVB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP25.47%
EPS Next 2Y14.51%
EPS Next 3Y12.9%
21.47
+0.15 (+0.7%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners47.45%
Inst Owner Change43.97%
Ins Owners1.31%
Ins Owner Change5%
Market Cap414.59M
Revenue(TTM)166.58M
Net Income(TTM)43.47M
Analysts78.33
Price Target25.33 (17.98%)
Short Float %1.48%
Short Ratio2.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
Yearly Dividend0.65
Dividend Growth(5Y)7.71%
DP25.47%
Div Incr Years13
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.49%
Min EPS beat(2)0.01%
Max EPS beat(2)10.96%
EPS beat(4)4
Avg EPS beat(4)13.08%
Min EPS beat(4)0.01%
Max EPS beat(4)25.64%
EPS beat(8)7
Avg EPS beat(8)9.72%
EPS beat(12)9
Avg EPS beat(12)6.02%
EPS beat(16)12
Avg EPS beat(16)6.76%
Revenue beat(2)0
Avg Revenue beat(2)-6.89%
Min Revenue beat(2)-8.43%
Max Revenue beat(2)-5.34%
Revenue beat(4)0
Avg Revenue beat(4)-6.33%
Min Revenue beat(4)-8.43%
Max Revenue beat(4)-5.34%
Revenue beat(8)2
Avg Revenue beat(8)-4.6%
Revenue beat(12)3
Avg Revenue beat(12)-3.67%
Revenue beat(16)4
Avg Revenue beat(16)-3.61%
PT rev (1m)-0.67%
PT rev (3m)-1.32%
EPS NQ rev (1m)15.02%
EPS NQ rev (3m)-1.44%
EPS NY rev (1m)6.62%
EPS NY rev (3m)-7.12%
Revenue NQ rev (1m)1.85%
Revenue NQ rev (3m)1.85%
Revenue NY rev (1m)0.65%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.01 | ||
| Fwd PE | 8.11 | ||
| P/S | 2.49 | ||
| P/FCF | 8.09 | ||
| P/OCF | 7.37 | ||
| P/B | 0.83 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.68
EY12.48%
EPS(NY)2.65
Fwd EY12.34%
FCF(TTM)2.65
FCFY12.36%
OCF(TTM)2.91
OCFY13.58%
SpS8.63
BVpS25.84
TBVpS18.99
PEG (NY)0.24
PEG (5Y)80.67
Graham Number39.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 8.71% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 26.1% | ||
| GM | N/A | ||
| FCFM | 30.77% |
ROA(3y)0.98%
ROA(5y)1.09%
ROE(3y)10.24%
ROE(5y)10.25%
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-14.24%
PM growth 5Y-8.2%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 2.12 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 45.6% | ||
| Cap/Sales | 3.02% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 117.9% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC13.96%
ROIC/WACCN/A
Cap/Depr(3y)59.59%
Cap/Depr(5y)61.67%
Cap/Sales(3y)3.16%
Cap/Sales(5y)2.54%
Profit Quality(3y)111.1%
Profit Quality(5y)105%
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3Y-9.77%
EPS 5Y0.1%
EPS Q2Q%28.3%
EPS Next Y32.8%
EPS Next 2Y14.51%
EPS Next 3Y12.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.25%
Revenue growth 3Y6.77%
Revenue growth 5Y7.52%
Sales Q2Q%8.25%
Revenue Next Year11.15%
Revenue Next 2Y10.99%
Revenue Next 3Y9.34%
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-3.1%
FCF growth 3Y4.3%
FCF growth 5Y4.36%
OCF growth 1Y-3.54%
OCF growth 3Y5.78%
OCF growth 5Y4.45%
CIVISTA BANCSHARES INC / CIVB FAQ
What is the ChartMill fundamental rating of CIVISTA BANCSHARES INC (CIVB) stock?
ChartMill assigns a fundamental rating of 5 / 10 to CIVB.
What is the valuation status of CIVISTA BANCSHARES INC (CIVB) stock?
ChartMill assigns a valuation rating of 7 / 10 to CIVISTA BANCSHARES INC (CIVB). This can be considered as Undervalued.
Can you provide the profitability details for CIVISTA BANCSHARES INC?
CIVISTA BANCSHARES INC (CIVB) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for CIVB stock?
The Price/Earnings (PE) ratio for CIVISTA BANCSHARES INC (CIVB) is 8.01 and the Price/Book (PB) ratio is 0.83.
Can you provide the expected EPS growth for CIVB stock?
The Earnings per Share (EPS) of CIVISTA BANCSHARES INC (CIVB) is expected to grow by 32.8% in the next year.