COMMUNITY TRUST BANCORP INC (CTBI)
US2041491083 - Common Stock
Taking everything into account, CTBI scores 3 out of 10 in our fundamental rating. CTBI was compared to 412 industry peers in the Banks industry. There are concerns on the financial health of CTBI while its profitability can be described as average. CTBI has a valuation in line with the averages, but on the other hand it scores bad on growth. CTBI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CTBI had positive earnings in the past year.
CTBI had a positive operating cash flow in the past year.
CTBI had positive earnings in each of the past 5 years.
CTBI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CTBI has a Return On Assets of 1.35%. This is amongst the best in the industry. CTBI outperforms 84.71% of its industry peers.
CTBI has a Return On Equity of 11.11%. This is in the better half of the industry: CTBI outperforms 70.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 11.11% | ||
| ROIC | N/A |
ROA(3y)1.5%
ROA(5y)1.43%
ROE(3y)12.24%
ROE(5y)11.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CTBI (33.80%) is better than 87.62% of its industry peers.
CTBI's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for CTBI so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 33.8% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y5.31%
PM growth 5Y2.09%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CTBI does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CTBI has more shares outstanding
CTBI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CTBI has been reduced compared to a year ago.
2.2 Solvency
CTBI has a debt to FCF ratio of 3.70. This is a good value and a sign of high solvency as CTBI would need 3.70 years to pay back of all of its debts.
CTBI's Debt to FCF ratio of 3.70 is on the low side compared to the rest of the industry. CTBI is outperformed by 60.68% of its industry peers.
A Debt/Equity ratio of 0.42 indicates that CTBI is not too dependend on debt financing.
CTBI has a worse Debt to Equity ratio (0.42) than 67.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.7 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.41%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CTBI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.23%.
Measured over the past 5 years, CTBI shows a small growth in Earnings Per Share. The EPS has been growing by 4.21% on average per year.
Looking at the last year, CTBI shows a small growth in Revenue. The Revenue has grown by 1.66% in the last year.
CTBI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.51% yearly.
EPS 1Y (TTM)-5.23%
EPS 3Y9.1%
EPS 5Y4.21%
EPS growth Q2Q-17.46%
Revenue 1Y (TTM)1.66%
Revenue growth 3Y3.92%
Revenue growth 5Y3.51%
Revenue growth Q2Q-3.09%
3.2 Future
The Earnings Per Share is expected to grow by 0.61% on average over the next years.
The Revenue is expected to grow by 1.27% on average over the next years.
EPS Next Y-4.17%
EPS Next 2Y0.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.4%
Revenue Next 2Y1.27%
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
With a Price/Earnings ratio of 9.66, the valuation of CTBI can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of CTBI is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 25.02. CTBI is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 10.08, which indicates a very decent valuation of CTBI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CTBI is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 21.32. CTBI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.66 | ||
| Fwd PE | 10.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CTBI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.54 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.3
EPS Next 2Y0.61%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.30%, CTBI is a good candidate for dividend investing.
CTBI's Dividend Yield is a higher than the industry average which is at 3.83.
CTBI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
5.2 History
The dividend of CTBI has a limited annual growth rate of 5.40%.
CTBI has been paying a dividend for at least 10 years, so it has a reliable track record.
As CTBI did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)5.4%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
41.27% of the earnings are spent on dividend by CTBI. This is a bit on the high side, but may be sustainable.
CTBI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP41.27%
EPS Next 2Y0.61%
EPS Next 3YN/A
COMMUNITY TRUST BANCORP INC
NASDAQ:CTBI (4/29/2024, 7:00:01 PM)
After market: 42.03 0 (0%)42.03
-0.61 (-1.43%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap757.38M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.66 | ||
| Fwd PE | 10.08 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 11.11% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 33.8% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-5.23%
EPS 3Y9.1%
EPS 5Y
EPS growth Q2Q
EPS Next Y-4.17%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.66%
Revenue growth 3Y3.92%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y