CITIZENS FINANCIAL SERVICES (CZFS) Stock Fundamental Analysis
USA - NASDAQ:CZFS - US1746151042 - Common Stock
60.29 USD
-1.2 (-1.95%)
60.29 USD
0 (0%)
CZFS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 392 industry peers in the Banks industry. CZFS has a medium profitability rating, but doesn't score so well on its financial health evaluation. CZFS may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year CZFS was profitable.
In the past year CZFS had a positive cash flow from operations.
In the past 5 years CZFS has always been profitable.
In the past 5 years CZFS always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 1.07%, CZFS is doing good in the industry, outperforming 71.94% of the companies in the same industry.
CZFS's Return On Equity of 10.08% is fine compared to the rest of the industry. CZFS outperforms 66.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 10.08% | ||
| ROIC | N/A |
ROA(3y)0.92%
ROA(5y)1.09%
ROE(3y)10.06%
ROE(5y)11.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CZFS has a better Profit Margin (30.09%) than 81.12% of its industry peers.
In the last couple of years the Profit Margin of CZFS has declined.
CZFS 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) | 30.09% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-9.73%
PM growth 5Y-3.95%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CZFS does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CZFS has about the same amount of shares outstanding.
CZFS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CZFS has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of CZFS is 9.95, which is on the high side as it means it would take CZFS, 9.95 years of fcf income to pay off all of its debts.
CZFS has a worse Debt to FCF ratio (9.95) than 75.77% of its industry peers.
A Debt/Equity ratio of 1.00 indicates that CZFS is somewhat dependend on debt financing.
CZFS has a Debt to Equity ratio of 1.00. This is amonst the worse of the industry: CZFS underperforms 83.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 9.95 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.67%
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 13.36% over the past year.
Measured over the past 5 years, CZFS shows a small growth in Earnings Per Share. The EPS has been growing by 2.28% on average per year.
CZFS shows a small growth in Revenue. In the last year, the Revenue has grown by 3.00%.
The Revenue has been growing by 11.79% on average over the past years. This is quite good.
EPS 1Y (TTM)13.36%
EPS 3Y-6.27%
EPS 5Y2.28%
EPS Q2Q%36.74%
Revenue 1Y (TTM)3%
Revenue growth 3Y9.11%
Revenue growth 5Y11.79%
Sales Q2Q%11.02%
3.2 Future
Based on estimates for the next years, CZFS will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.32% on average per year.
The Revenue is expected to grow by 8.61% on average over the next years. This is quite good.
EPS Next Y20.55%
EPS Next 2Y13.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.85%
Revenue Next 2Y8.61%
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 accelerating.
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
Based on the Price/Earnings ratio of 9.16, the valuation of CZFS can be described as reasonable.
CZFS's Price/Earnings ratio is rather cheap when compared to the industry. CZFS is cheaper than 85.97% of the companies in the same industry.
CZFS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.67.
Based on the Price/Forward Earnings ratio of 8.04, the valuation of CZFS can be described as reasonable.
Based on the Price/Forward Earnings ratio, CZFS is valued cheaper than 82.91% of the companies in the same industry.
CZFS is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.16 | ||
| Fwd PE | 8.04 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CZFS is valued a bit cheaper than the industry average as 73.98% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.22 | ||
| 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.
CZFS's earnings are expected to grow with 13.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)4.02
EPS Next 2Y13.32%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.30%, CZFS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.52, CZFS has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, CZFS pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.3% |
5.2 History
The dividend of CZFS has a limited annual growth rate of 2.54%.
CZFS has been paying a dividend for at least 10 years, so it has a reliable track record.
CZFS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.54%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
CZFS pays out 29.76% of its income as dividend. This is a sustainable payout ratio.
CZFS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP29.76%
EPS Next 2Y13.32%
EPS Next 3YN/A
60.29
-1.2 (-1.95%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners27.99%
Inst Owner Change-36.45%
Ins Owners5.14%
Ins Owner Change0.48%
Market Cap289.99M
Analysts85.71
Price Target65.64 (8.87%)
Short Float %0.74%
Short Ratio3.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.3% |
Yearly Dividend1.94
Dividend Growth(5Y)2.54%
DP29.76%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.43%
Min EPS beat(2)5.28%
Max EPS beat(2)7.58%
EPS beat(4)4
Avg EPS beat(4)8.19%
Min EPS beat(4)5.28%
Max EPS beat(4)12.96%
EPS beat(8)5
Avg EPS beat(8)1.93%
EPS beat(12)7
Avg EPS beat(12)634.76%
EPS beat(16)8
Avg EPS beat(16)475.58%
Revenue beat(2)0
Avg Revenue beat(2)-1.55%
Min Revenue beat(2)-2.61%
Max Revenue beat(2)-0.5%
Revenue beat(4)0
Avg Revenue beat(4)-2.72%
Min Revenue beat(4)-7%
Max Revenue beat(4)-0.5%
Revenue beat(8)1
Avg Revenue beat(8)-2.88%
Revenue beat(12)3
Avg Revenue beat(12)-1.33%
Revenue beat(16)6
Avg Revenue beat(16)1.27%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.64%
EPS NY rev (1m)0%
EPS NY rev (3m)6.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.16 | ||
| Fwd PE | 8.04 | ||
| P/S | 2.76 | ||
| P/FCF | 9.22 | ||
| P/OCF | 8.62 | ||
| P/B | 0.92 | ||
| P/tB | 1.29 | ||
| EV/EBITDA | N/A |
EPS(TTM)6.58
EY10.91%
EPS(NY)7.5
Fwd EY12.43%
FCF(TTM)6.54
FCFY10.85%
OCF(TTM)6.99
OCFY11.6%
SpS21.84
BVpS65.21
TBVpS46.85
PEG (NY)0.45
PEG (5Y)4.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 10.08% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 30.09% | ||
| GM | N/A | ||
| FCFM | 29.96% |
ROA(3y)0.92%
ROA(5y)1.09%
ROE(3y)10.06%
ROE(5y)11.36%
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 3Y-9.73%
PM growth 5Y-3.95%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 9.95 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 122.56% | ||
| Cap/Sales | 2.06% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 99.56% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC14.67%
ROIC/WACCN/A
Cap/Depr(3y)134.39%
Cap/Depr(5y)N/A
Cap/Sales(3y)2.04%
Cap/Sales(5y)1.76%
Profit Quality(3y)119.21%
Profit Quality(5y)106.01%
High Growth Momentum
Growth
EPS 1Y (TTM)13.36%
EPS 3Y-6.27%
EPS 5Y2.28%
EPS Q2Q%36.74%
EPS Next Y20.55%
EPS Next 2Y13.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3%
Revenue growth 3Y9.11%
Revenue growth 5Y11.79%
Sales Q2Q%11.02%
Revenue Next Year11.85%
Revenue Next 2Y8.61%
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 1Y70.91%
FCF growth 3Y-5.35%
FCF growth 5Y8.4%
OCF growth 1Y59.63%
OCF growth 3Y-4.99%
OCF growth 5Y8.79%