CODORUS VALLEY BANCORP INC (CVLY)
US1920251048 - Common Stock
CVLY gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 412 industry peers in the Banks industry. There are concerns on the financial health of CVLY while its profitability can be described as average. CVLY has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
CVLY had positive earnings in the past year.
In the past year CVLY had a positive cash flow from operations.
Each year in the past 5 years CVLY has been profitable.
CVLY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CVLY's Return On Assets of 1.14% is fine compared to the rest of the industry. CVLY outperforms 73.06% of its industry peers.
Looking at the Return On Equity, with a value of 12.51%, CVLY belongs to the top of the industry, outperforming 81.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 12.51% | ||
| ROIC | N/A |
ROA(3y)0.89%
ROA(5y)0.81%
ROE(3y)10.45%
ROE(5y)9.07%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CVLY has a better Profit Margin (26.16%) than 62.14% of its industry peers.
In the last couple of years the Profit Margin of CVLY has remained more or less at the same level.
CVLY 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) | 26.16% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y33.26%
PM growth 5Y0.67%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CVLY does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CVLY has more shares outstanding
The number of shares outstanding for CVLY has been reduced compared to 5 years ago.
Compared to 1 year ago, CVLY has a worse debt to assets ratio.
2.2 Solvency
CVLY has a debt to FCF ratio of 4.95. This is a neutral value as CVLY would need 4.95 years to pay back of all of its debts.
The Debt to FCF ratio of CVLY (4.95) is worse than 66.75% of its industry peers.
CVLY has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CVLY (0.50) is worse than 70.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 4.95 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.35%
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 23.59% over the past year.
CVLY shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.77% yearly.
The Revenue has been growing slightly by 5.94% in the past year.
The Revenue has been growing slightly by 4.33% on average over the past years.
EPS 1Y (TTM)23.59%
EPS 3Y44.5%
EPS 5Y5.77%
EPS growth Q2Q-31.33%
Revenue 1Y (TTM)5.94%
Revenue growth 3Y7.73%
Revenue growth 5Y4.33%
Revenue growth Q2Q-6.11%
3.2 Future
The Earnings Per Share is expected to decrease by -11.61% on average over the next years. This is quite bad
The Revenue is expected to grow by 0.95% on average over the next years.
EPS Next Y-31.64%
EPS Next 2Y-11.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-4.12%
Revenue Next 2Y0.95%
Revenue Next 3YN/A
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.65 indicates a reasonable valuation of CVLY.
Based on the Price/Earnings ratio, CVLY is valued a bit cheaper than 65.53% of the companies in the same industry.
CVLY is valuated cheaply when we compare the Price/Earnings ratio to 28.28, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.60, which indicates a correct valuation of CVLY.
Based on the Price/Forward Earnings ratio, CVLY is valued a bit more expensive than 63.84% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.88. CVLY is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.65 | ||
| Fwd PE | 12.6 |
4.2 Price Multiples
CVLY's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.86 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as CVLY's earnings are expected to decrease with -11.61% in the coming years.
PEG (NY)N/A
PEG (5Y)1.5
EPS Next 2Y-11.61%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CVLY has a Yearly Dividend Yield of 3.04%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.81, CVLY is paying slightly less dividend.
CVLY's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
5.2 History
The dividend of CVLY has a limited annual growth rate of 3.21%.
CVLY has paid a dividend for at least 10 years, which is a reliable track record.
CVLY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.21%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
25.38% of the earnings are spent on dividend by CVLY. This is a low number and sustainable payout ratio.
DP25.38%
EPS Next 2Y-11.61%
EPS Next 3YN/A
CODORUS VALLEY BANCORP INC
NASDAQ:CVLY (5/3/2024, 7:00:01 PM)
After market: 22.49 0 (0%)22.49
+0.09 (+0.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap216.80M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
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)
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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)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 8.65 | ||
| Fwd PE | 12.6 | ||
| 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)1.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 12.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 26.16% | ||
| 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 | 0.5 | ||
| 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)23.59%
EPS 3Y44.5%
EPS 5Y
EPS growth Q2Q
EPS Next Y-31.64%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.94%
Revenue growth 3Y7.73%
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