FNCB BANCORP INC (FNCB)
US3025781093 - Common Stock
Taking everything into account, FNCB scores 3 out of 10 in our fundamental rating. FNCB was compared to 411 industry peers in the Banks industry. FNCB has a bad profitability rating. Also its financial health evaluation is rather negative. FNCB does not seem to be growing, but still is valued expensively. FNCB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FNCB was profitable.
In the past year FNCB had a positive cash flow from operations.
In the past 5 years FNCB has always been profitable.
FNCB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.69%, FNCB is not doing good in the industry: 65.45% of the companies in the same industry are doing better.
FNCB's Return On Equity of 9.65% is in line compared to the rest of the industry. FNCB outperforms 55.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.69% | ||
| ROE | 9.65% | ||
| ROIC | N/A |
ROA(3y)1.05%
ROA(5y)1.02%
ROE(3y)13.33%
ROE(5y)11.63%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FNCB has a Profit Margin of 23.80%. This is comparable to the rest of the industry: FNCB outperforms 47.45% of its industry peers.
In the last couple of years the Profit Margin of FNCB has declined.
The Operating Margin and Gross Margin are not available for FNCB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 23.8% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-8.48%
PM growth 5Y-2.94%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FNCB does not have a ROIC to compare to the WACC, probably because it is not profitable.
FNCB has more shares outstanding than it did 1 year ago.
FNCB has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FNCB has been reduced compared to a year ago.
2.2 Solvency
FNCB has a debt to FCF ratio of 0.66. This is a very positive value and a sign of high solvency as it would only need 0.66 years to pay back of all of its debts.
FNCB has a Debt to FCF ratio of 0.66. This is amonst the worse of the industry: FNCB underperforms 80.29% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that FNCB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.08, FNCB is doing worse than 88.56% of the companies in the same industry.
Although FNCB does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.66 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.66%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for FNCB have decreased strongly by -36.59% in the last year.
Measured over the past years, FNCB shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.60% on average per year.
Looking at the last year, FNCB shows a very negative growth in Revenue. The Revenue has decreased by -12.05% in the last year.
The Revenue has been growing slightly by 2.46% on average over the past years.
EPS 1Y (TTM)-36.59%
EPS 3Y-4.71%
EPS 5Y-3.6%
EPS growth Q2Q-32.22%
Revenue 1Y (TTM)-12.05%
Revenue growth 3Y3.33%
Revenue growth 5Y2.46%
Revenue growth Q2Q-7.97%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.45, the valuation of FNCB can be described as reasonable.
68.86% of the companies in the same industry are more expensive than FNCB, based on the Price/Earnings ratio.
FNCB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.45 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FNCB is valued a bit cheaper than 68.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.09 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
FNCB has a Yearly Dividend Yield of 6.53%, which is a nice return.
Compared to an average industry Dividend Yield of 3.82, FNCB pays a better dividend. On top of this FNCB pays more dividend than 94.40% of the companies listed in the same industry.
FNCB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.53% |
5.2 History
The dividend of FNCB is nicely growing with an annual growth rate of 16.17%!
FNCB has paid a dividend for at least 10 years, which is a reliable track record.
FNCB has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)16.17%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
FNCB pays out 54.76% of its income as dividend. This is a bit on the high side, but may be sustainable.
The Dividend Rate of FNCB has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP54.76%
EPS Next 2YN/A
EPS Next 3YN/A
FNCB BANCORP INC
NASDAQ:FNCB (4/26/2024, 7:00:00 PM)
5.58
+0.07 (+1.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap110.43M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.53% |
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)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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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 | 8.45 | ||
| Fwd PE | N/A | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.69% | ||
| ROE | 9.65% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 23.8% | ||
| 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 Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| 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)-36.59%
EPS 3Y-4.71%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-12.05%
Revenue growth 3Y3.33%
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