FIRST BANCSHARES INC/MS (FBMS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FBMS - US3189161033 - Common Stock
33.81 USD
+0.16 (+0.48%)
33.81 USD
0 (0%)
Taking everything into account, FBMS scores 4 out of 10 in our fundamental rating. FBMS was compared to 387 industry peers in the Banks industry. FBMS may be in some trouble as it scores bad on both profitability and health. FBMS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FBMS had positive earnings in the past year.
FBMS had a positive operating cash flow in the past year.
In the past 5 years FBMS has always been profitable.
Each year in the past 5 years FBMS had a positive operating cash flow.
1.2 Ratios
FBMS's Return On Assets of 0.96% is fine compared to the rest of the industry. FBMS outperforms 64.02% of its industry peers.
With a Return On Equity value of 7.68%, FBMS perfoms like the industry average, outperforming 44.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 7.68% | ||
| ROIC | N/A |
ROA(3y)0.96%
ROA(5y)0.99%
ROE(3y)8.45%
ROE(5y)8.6%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FBMS has a Profit Margin of 27.18%. This is in the better half of the industry: FBMS outperforms 71.22% of its industry peers.
In the last couple of years the Profit Margin of FBMS has declined.
FBMS 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) | 27.18% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.26%
PM growth 5Y-1.55%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FBMS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FBMS has been increased compared to 1 year ago.
FBMS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FBMS has about the same debt to assets ratio.
2.2 Solvency
FBMS has a debt to FCF ratio of 1.52. This is a very positive value and a sign of high solvency as it would only need 1.52 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.52, FBMS is in the better half of the industry, outperforming 62.78% of the companies in the same industry.
A Debt/Equity ratio of 0.12 indicates that FBMS is not too dependend on debt financing.
The Debt to Equity ratio of FBMS (0.12) is better than 68.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.52 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.23%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FBMS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.67%.
FBMS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.65% yearly.
FBMS shows a decrease in Revenue. In the last year, the revenue decreased by -4.05%.
FBMS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.82% yearly.
EPS 1Y (TTM)1.67%
EPS 3Y-7.07%
EPS 5Y-2.65%
EPS Q2Q%65.71%
Revenue 1Y (TTM)-4.05%
Revenue growth 3Y13.43%
Revenue growth 5Y13.82%
Sales Q2Q%4.26%
3.2 Future
The Earnings Per Share is expected to grow by 11.99% on average over the next years. This is quite good.
FBMS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.55% yearly.
EPS Next Y17.89%
EPS Next 2Y11.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.85%
Revenue Next 2Y6.55%
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.
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
A Price/Earnings ratio of 13.86 indicates a correct valuation of FBMS.
FBMS's Price/Earnings ratio is a bit more expensive when compared to the industry. FBMS is more expensive than 68.24% of the companies in the same industry.
FBMS is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.75, which indicates a very decent valuation of FBMS.
Based on the Price/Forward Earnings ratio, FBMS is valued a bit more expensive than the industry average as 64.76% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of FBMS to the average of the S&P500 Index (23.88), we can say FBMS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.86 | ||
| Fwd PE | 11.75 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FBMS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.85 | ||
| 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.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y11.99%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FBMS has a Yearly Dividend Yield of 2.96%.
FBMS's Dividend Yield is slightly below the industry average, which is at 2.86.
Compared to an average S&P500 Dividend Yield of 1.90, FBMS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
The dividend of FBMS is nicely growing with an annual growth rate of 26.11%!
FBMS has paid a dividend for at least 10 years, which is a reliable track record.
FBMS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)26.11%
Div Incr Years7
Div Non Decr Years14
5.3 Sustainability
39.72% of the earnings are spent on dividend by FBMS. This is a low number and sustainable payout ratio.
FBMS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.72%
EPS Next 2Y11.99%
EPS Next 3YN/A
33.81
+0.16 (+0.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners74.06%
Inst Owner Change0%
Ins Owners6.39%
Ins Owner Change0%
Market Cap1.06B
Revenue(TTM)284.03M
Net Income(TTM)77.19M
Analysts80
Price Target38.25 (13.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
Yearly Dividend0.99
Dividend Growth(5Y)26.11%
DP39.72%
Div Incr Years7
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.3%
Min EPS beat(2)-11.15%
Max EPS beat(2)-7.45%
EPS beat(4)2
Avg EPS beat(4)-1.22%
Min EPS beat(4)-11.15%
Max EPS beat(4)8.47%
EPS beat(8)2
Avg EPS beat(8)-11.41%
EPS beat(12)3
Avg EPS beat(12)-8.41%
EPS beat(16)4
Avg EPS beat(16)-6.2%
Revenue beat(2)0
Avg Revenue beat(2)-1.48%
Min Revenue beat(2)-1.81%
Max Revenue beat(2)-1.14%
Revenue beat(4)0
Avg Revenue beat(4)-2.09%
Min Revenue beat(4)-4.56%
Max Revenue beat(4)-0.83%
Revenue beat(8)1
Avg Revenue beat(8)-2.01%
Revenue beat(12)5
Avg Revenue beat(12)3.95%
Revenue beat(16)9
Avg Revenue beat(16)7.73%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.54%
EPS NY rev (1m)0%
EPS NY rev (3m)2.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.86 | ||
| Fwd PE | 11.75 | ||
| P/S | 3.72 | ||
| P/FCF | 12.85 | ||
| P/OCF | 12.35 | ||
| P/B | 1.05 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.44
EY7.22%
EPS(NY)2.88
Fwd EY8.51%
FCF(TTM)2.63
FCFY7.78%
OCF(TTM)2.74
OCFY8.1%
SpS9.09
BVpS32.18
TBVpS21.56
PEG (NY)0.77
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 7.68% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.18% | ||
| GM | N/A | ||
| FCFM | 28.94% |
ROA(3y)0.96%
ROA(5y)0.99%
ROE(3y)8.45%
ROE(5y)8.6%
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-6.26%
PM growth 5Y-1.55%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.52 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 32.57% | ||
| Cap/Sales | 1.17% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 106.47% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC13.23%
ROIC/WACCN/A
Cap/Depr(3y)63.53%
Cap/Depr(5y)55.58%
Cap/Sales(3y)3.21%
Cap/Sales(5y)3.11%
Profit Quality(3y)121.28%
Profit Quality(5y)118.19%
High Growth Momentum
Growth
EPS 1Y (TTM)1.67%
EPS 3Y-7.07%
EPS 5Y-2.65%
EPS Q2Q%65.71%
EPS Next Y17.89%
EPS Next 2Y11.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.05%
Revenue growth 3Y13.43%
Revenue growth 5Y13.82%
Sales Q2Q%4.26%
Revenue Next Year7.85%
Revenue Next 2Y6.55%
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 1Y-21.59%
FCF growth 3Y-2.47%
FCF growth 5Y17.43%
OCF growth 1Y-21.19%
OCF growth 3Y-3.69%
OCF growth 5Y13.85%
FIRST BANCSHARES INC/MS / FBMS FAQ
What is the ChartMill fundamental rating of FIRST BANCSHARES INC/MS (FBMS) stock?
ChartMill assigns a fundamental rating of 4 / 10 to FBMS.
Can you provide the valuation status for FIRST BANCSHARES INC/MS?
ChartMill assigns a valuation rating of 4 / 10 to FIRST BANCSHARES INC/MS (FBMS). This can be considered as Fairly Valued.
How profitable is FIRST BANCSHARES INC/MS (FBMS) stock?
FIRST BANCSHARES INC/MS (FBMS) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for FBMS stock?
The Price/Earnings (PE) ratio for FIRST BANCSHARES INC/MS (FBMS) is 13.86 and the Price/Book (PB) ratio is 1.05.
What is the earnings growth outlook for FIRST BANCSHARES INC/MS?
The Earnings per Share (EPS) of FIRST BANCSHARES INC/MS (FBMS) is expected to grow by 17.89% in the next year.