CITIZENS & NORTHERN CORP (CZNC)
US1729221069 - Common Stock
CZNC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 411 industry peers in the Banks industry. CZNC may be in some trouble as it scores bad on both profitability and health. CZNC has a expensive valuation and it also scores bad on growth. Finally CZNC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CZNC had positive earnings in the past year.
CZNC had a positive operating cash flow in the past year.
In the past 5 years CZNC has always been profitable.
In the past 5 years CZNC always reported a positive cash flow from operatings.
1.2 Ratios
CZNC's Return On Assets of 0.95% is in line compared to the rest of the industry. CZNC outperforms 58.64% of its industry peers.
Looking at the Return On Equity, with a value of 9.13%, CZNC is in line with its industry, outperforming 49.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.95% | ||
| ROE | 9.13% | ||
| ROIC | N/A |
ROA(3y)1.11%
ROA(5y)1.07%
ROE(3y)9.93%
ROE(5y)8.82%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CZNC has a Profit Margin (22.86%) which is in line with its industry peers.
In the last couple of years the Profit Margin of CZNC has declined.
CZNC 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) | 22.86% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y3.34%
PM growth 5Y-7.1%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CZNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
CZNC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CZNC has more shares outstanding
CZNC has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CZNC is 1.34, which is an excellent value as it means it would take CZNC, only 1.34 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 1.34, CZNC is doing good in the industry, outperforming 69.83% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that CZNC is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.16, CZNC is in the better half of the industry, outperforming 64.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.34 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.23%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CZNC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.26%.
Measured over the past years, CZNC shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.11% on average per year.
Looking at the last year, CZNC shows a decrease in Revenue. The Revenue has decreased by -2.55% in the last year.
The Revenue has been growing by 9.59% on average over the past years. This is quite good.
EPS 1Y (TTM)-8.26%
EPS 3Y-3.92%
EPS 5Y-1.11%
EPS growth Q2Q-44%
Revenue 1Y (TTM)-2.55%
Revenue growth 3Y4.37%
Revenue growth 5Y9.59%
Revenue growth Q2Q-11.01%
3.2 Future
Based on estimates for the next years, CZNC will show a small growth in Earnings Per Share. The EPS will grow by 7.84% on average per year.
Based on estimates for the next years, CZNC will show a small growth in Revenue. The Revenue will grow by 3.98% on average per year.
EPS Next Y5.9%
EPS Next 2Y7.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.92%
Revenue Next 2Y3.98%
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
With a Price/Earnings ratio of 11.39, the valuation of CZNC can be described as very reasonable.
Based on the Price/Earnings ratio, CZNC is valued a bit more expensive than 62.53% of the companies in the same industry.
CZNC is valuated cheaply when we compare the Price/Earnings ratio to 24.92, which is the current average of the S&P500 Index.
CZNC is valuated reasonably with a Price/Forward Earnings ratio of 10.76.
CZNC's Price/Forward Earnings is on the same level as the industry average.
CZNC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.49, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 10.76 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CZNC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.8 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)1.93
PEG (5Y)N/A
EPS Next 2Y7.84%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CZNC has a Yearly Dividend Yield of 6.27%, which is a nice return.
CZNC's Dividend Yield is rather good when compared to the industry average which is at 3.81. CZNC pays more dividend than 91.48% of the companies in the same industry.
CZNC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.27% |
5.2 History
The dividend of CZNC has a limited annual growth rate of 1.06%.
CZNC has paid a dividend for at least 10 years, which is a reliable track record.
CZNC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.06%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
CZNC pays out 64.98% of its income as dividend. This is not a sustainable payout ratio.
CZNC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP64.98%
EPS Next 2Y7.84%
EPS Next 3YN/A
CITIZENS & NORTHERN CORP
NASDAQ:CZNC (4/26/2024, 7:00:00 PM)
After market: 17.89 0 (0%)17.89
+0.24 (+1.36%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap275.15M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.27% |
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)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
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)
Max Revenue beat(4)
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 | 11.39 | ||
| Fwd PE | 10.76 | ||
| 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)1.93
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.95% | ||
| ROE | 9.13% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 22.86% | ||
| 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 | 0.16 | ||
| 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)-8.26%
EPS 3Y-3.92%
EPS 5Y
EPS growth Q2Q
EPS Next Y5.9%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-2.55%
Revenue growth 3Y4.37%
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