FIRST BANCSHARES INC/MS (FBMS) Stock Fundamental Analysis
USA - NYSE:FBMS - US3189161033 - Common Stock
33.81 USD
+0.16 (+0.48%)
33.81 USD
0 (0%)
Overall FBMS gets a fundamental rating of 4 out of 10. We evaluated FBMS against 390 industry peers in the Banks industry. Both the profitability and financial health of FBMS have multiple concerns. FBMS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FBMS was profitable.
In the past year FBMS had a positive cash flow from operations.
Each year in the past 5 years FBMS has been profitable.
In the past 5 years FBMS always reported a positive cash flow from operatings.
1.2 Ratios
FBMS has a Return On Assets of 0.96%. This is in the better half of the industry: FBMS outperforms 64.02% of its industry peers.
FBMS's Return On Equity of 7.68% is in line compared to the rest of the industry. FBMS outperforms 44.91% of its industry peers.
| 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.
The Operating Margin and Gross Margin are not available for FBMS so they could not be analyzed.
| 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.
Compared to 1 year ago, FBMS has more shares outstanding
Compared to 5 years ago, FBMS has more shares outstanding
The debt/assets ratio for FBMS has remained at the same level compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of FBMS is 1.52, which is an excellent value as it means it would take FBMS, only 1.52 years of fcf income to pay off all of its debts.
FBMS has a better Debt to FCF ratio (1.52) than 62.78% of its industry peers.
FBMS has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
FBMS has a Debt to Equity ratio of 0.12. This is in the better half of the industry: FBMS outperforms 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
The Earnings Per Share has been growing slightly by 1.67% over the past year.
Measured over the past years, FBMS shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.65% on average per year.
Looking at the last year, FBMS shows a decrease in Revenue. The Revenue has decreased by -4.05% in the last year.
Measured over the past years, FBMS shows a quite strong growth in Revenue. The Revenue has been growing by 13.82% on average per year.
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
FBMS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.99% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better 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 13.86, FBMS is valued correctly.
68.24% of the companies in the same industry are cheaper than FBMS, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FBMS to the average of the S&P500 Index (26.89), we can say FBMS is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 11.75, the valuation of FBMS can be described as reasonable.
Based on the Price/Forward Earnings ratio, FBMS is valued a bit more expensive than 64.76% of the companies in the same industry.
FBMS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.86 | ||
| Fwd PE | 11.75 |
4.2 Price Multiples
FBMS's Price/Free Cash Flow is on the same level as the industry average.
| 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 3.53.
FBMS's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
On average, the dividend of FBMS grows each year by 26.11%, which is quite nice.
FBMS has been paying a dividend for at least 10 years, so it has 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
FBMS pays out 39.72% of its income as dividend. This is a 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-Date
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.
What is the valuation status for FBMS stock?
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.
What is the expected EPS growth for FIRST BANCSHARES INC/MS (FBMS) stock?
The Earnings per Share (EPS) of FIRST BANCSHARES INC/MS (FBMS) is expected to grow by 17.89% in the next year.
How sustainable is the dividend of FIRST BANCSHARES INC/MS (FBMS) stock?
The dividend rating of FIRST BANCSHARES INC/MS (FBMS) is 6 / 10 and the dividend payout ratio is 39.72%.