FINWARD BANCORP (FNWD)
US31812F1093 - Common Stock
FNWD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 411 industry peers in the Banks industry. FNWD has a bad profitability rating. Also its financial health evaluation is rather negative. FNWD is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FNWD was profitable.
FNWD had a positive operating cash flow in the past year.
Each year in the past 5 years FNWD has been profitable.
Each year in the past 5 years FNWD had a positive operating cash flow.
1.2 Ratios
FNWD has a Return On Assets of 0.40%. This is amonst the worse of the industry: FNWD underperforms 83.45% of its industry peers.
FNWD has a worse Return On Equity (5.69%) than 77.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.4% | ||
| ROE | 5.69% | ||
| ROIC | N/A |
ROA(3y)0.68%
ROA(5y)0.8%
ROE(3y)8.77%
ROE(5y)9.16%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 12.83%, FNWD is not doing good in the industry: 83.21% of the companies in the same industry are doing better.
FNWD's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for FNWD so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 12.83% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-19.8%
PM growth 5Y-9.8%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FNWD does not have a ROIC to compare to the WACC, probably because it is not profitable.
FNWD has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, FNWD has more shares outstanding
Compared to 1 year ago, FNWD has a worse debt to assets ratio.
2.2 Solvency
FNWD has a debt to FCF ratio of 1.65. This is a very positive value and a sign of high solvency as it would only need 1.65 years to pay back of all of its debts.
The Debt to FCF ratio of FNWD (1.65) is better than 64.23% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that FNWD is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.26, FNWD is in line with its industry, outperforming 46.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.65 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.7%
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 FNWD have decreased strongly by -52.09% in the last year.
FNWD shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.17% yearly.
FNWD shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.98%.
Measured over the past years, FNWD shows a quite strong growth in Revenue. The Revenue has been growing by 8.48% on average per year.
EPS 1Y (TTM)-52.09%
EPS 3Y-24.75%
EPS 5Y-9.17%
EPS growth Q2Q-62.37%
Revenue 1Y (TTM)-16.98%
Revenue growth 3Y0.66%
Revenue growth 5Y8.48%
Revenue growth Q2Q-21.37%
3.2 Future
The Earnings Per Share is expected to decrease by -11.42% on average over the next years. This is quite bad
FNWD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.38% yearly.
EPS Next Y-39.85%
EPS Next 2Y-11.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.99%
Revenue Next 2Y1.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
FNWD is valuated correctly with a Price/Earnings ratio of 12.59.
Based on the Price/Earnings ratio, FNWD is valued a bit more expensive than the industry average as 72.75% of the companies are valued more cheaply.
FNWD's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.95.
The Price/Forward Earnings ratio is 20.94, which indicates a rather expensive current valuation of FNWD.
Based on the Price/Forward Earnings ratio, FNWD is valued a bit more expensive than 77.13% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.40, FNWD is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.59 | ||
| Fwd PE | 20.94 |
4.2 Price Multiples
FNWD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FNWD is cheaper than 88.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.58 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FNWD's earnings are expected to decrease with -11.42% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FNWD has a Yearly Dividend Yield of 1.93%.
Compared to an average industry Dividend Yield of 3.93, FNWD is paying slightly less dividend.
FNWD's Dividend Yield is slightly below the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.93% |
5.2 History
The dividend of FNWD has a limited annual growth rate of 1.31%.
FNWD has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.31%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
63.66% of the earnings are spent on dividend by FNWD. This is not a sustainable payout ratio.
The Dividend Rate of FNWD has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP63.66%
EPS Next 2Y-11.42%
EPS Next 3YN/A
FINWARD BANCORP
NASDAQ:FNWD (4/23/2024, 3:05:31 PM)
24.56
-0.09 (-0.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap105.61M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.93% |
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 | 12.59 | ||
| Fwd PE | 20.94 | ||
| 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 | 0.4% | ||
| ROE | 5.69% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 12.83% | ||
| 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 | 0.26 | ||
| 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)-52.09%
EPS 3Y-24.75%
EPS 5Y
EPS growth Q2Q
EPS Next Y-39.85%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-16.98%
Revenue growth 3Y0.66%
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