FS BANCORP INC (FSBW) Stock Fundamental Analysis
USA - NASDAQ:FSBW - US30263Y1047 - Common Stock
41.21 USD
+0.24 (+0.59%)
41.21 USD
0 (0%)
FSBW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 392 industry peers in the Banks industry. FSBW has a bad profitability rating. Also its financial health evaluation is rather negative. FSBW has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FSBW had positive earnings in the past year.
FSBW had a positive operating cash flow in the past year.
FSBW had positive earnings in each of the past 5 years.
Of the past 5 years FSBW 4 years had a positive operating cash flow.
1.2 Ratios
FSBW has a Return On Assets of 1.03%. This is in the better half of the industry: FSBW outperforms 67.35% of its industry peers.
Looking at the Return On Equity, with a value of 11.04%, FSBW is in the better half of the industry, outperforming 77.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 11.04% | ||
| ROIC | N/A |
ROA(3y)1.15%
ROA(5y)1.38%
ROE(3y)12.54%
ROE(5y)13.9%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FSBW (22.42%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FSBW has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for FSBW so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 22.42% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.05%
PM growth 5Y-0.34%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FSBW does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, FSBW has more shares outstanding
FSBW has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, FSBW has an improved debt to assets ratio.
2.2 Solvency
FSBW has a debt to FCF ratio of 0.93. This is a very positive value and a sign of high solvency as it would only need 0.93 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.93, FSBW is in the better half of the industry, outperforming 72.19% of the companies in the same industry.
FSBW has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
FSBW has a Debt to Equity ratio (0.17) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.41%
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 FSBW have decreased by -7.47% in the last year.
Measured over the past years, FSBW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.79% on average per year.
Looking at the last year, FSBW shows a very negative growth in Revenue. The Revenue has decreased by -18.12% in the last year.
FSBW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.17% yearly.
EPS 1Y (TTM)-7.47%
EPS 3Y0.77%
EPS 5Y11.79%
EPS Q2Q%-12.39%
Revenue 1Y (TTM)-18.12%
Revenue growth 3Y5.24%
Revenue growth 5Y9.17%
Sales Q2Q%2.79%
3.2 Future
FSBW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.51% yearly.
The Revenue is expected to grow by 5.82% on average over the next years.
EPS Next Y-3.76%
EPS Next 2Y2.29%
EPS Next 3Y5.51%
EPS Next 5YN/A
Revenue Next Year5.87%
Revenue Next 2Y5.61%
Revenue Next 3Y5.82%
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
FSBW is valuated reasonably with a Price/Earnings ratio of 9.79.
FSBW's Price/Earnings ratio is rather cheap when compared to the industry. FSBW is cheaper than 83.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of FSBW to the average of the S&P500 Index (27.20), we can say FSBW is valued rather cheaply.
A Price/Forward Earnings ratio of 8.95 indicates a reasonable valuation of FSBW.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FSBW indicates a somewhat cheap valuation: FSBW is cheaper than 73.72% of the companies listed in the same industry.
FSBW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 8.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FSBW indicates a rather cheap valuation: FSBW is cheaper than 89.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.9 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.83
EPS Next 2Y2.29%
EPS Next 3Y5.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.63%, FSBW has a reasonable but not impressive dividend return.
FSBW's Dividend Yield is comparable with the industry average which is at 3.73.
FSBW's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
5.2 History
On average, the dividend of FSBW grows each year by 26.69%, which is quite nice.
FSBW has been paying a dividend for at least 10 years, so it has a reliable track record.
FSBW has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)26.69%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
FSBW pays out 26.09% of its income as dividend. This is a sustainable payout ratio.
The dividend of FSBW is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP26.09%
EPS Next 2Y2.29%
EPS Next 3Y5.51%
41.21
+0.24 (+0.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners70.86%
Inst Owner Change-9.63%
Ins Owners9.26%
Ins Owner Change-3.71%
Market Cap313.20M
Analysts80
Price Target46.41 (12.62%)
Short Float %1.07%
Short Ratio4.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
Yearly Dividend1.06
Dividend Growth(5Y)26.69%
DP26.09%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.25%
Min EPS beat(2)0.41%
Max EPS beat(2)6.09%
EPS beat(4)3
Avg EPS beat(4)0.89%
Min EPS beat(4)-13.55%
Max EPS beat(4)10.62%
EPS beat(8)6
Avg EPS beat(8)4.46%
EPS beat(12)7
Avg EPS beat(12)2.37%
EPS beat(16)11
Avg EPS beat(16)4.11%
Revenue beat(2)1
Avg Revenue beat(2)-0.89%
Min Revenue beat(2)-1.78%
Max Revenue beat(2)0%
Revenue beat(4)2
Avg Revenue beat(4)-1.23%
Min Revenue beat(4)-3.65%
Max Revenue beat(4)0.5%
Revenue beat(8)5
Avg Revenue beat(8)-0.66%
Revenue beat(12)8
Avg Revenue beat(12)-0.18%
Revenue beat(16)11
Avg Revenue beat(16)0.4%
PT rev (1m)0%
PT rev (3m)4.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.67%
EPS NY rev (1m)2.34%
EPS NY rev (3m)2.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 8.95 | ||
| P/S | 2.14 | ||
| P/FCF | 5.9 | ||
| P/OCF | 5.62 | ||
| P/B | 1.05 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.21
EY10.22%
EPS(NY)4.6
Fwd EY11.17%
FCF(TTM)6.99
FCFY16.96%
OCF(TTM)7.34
OCFY17.81%
SpS19.25
BVpS39.11
TBVpS35.91
PEG (NY)N/A
PEG (5Y)0.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 11.04% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.42% | ||
| GM | N/A | ||
| FCFM | 36.31% |
ROA(3y)1.15%
ROA(5y)1.38%
ROE(3y)12.54%
ROE(5y)13.9%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.05%
PM growth 5Y-0.34%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.93 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 23.94% | ||
| Cap/Sales | 1.81% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 161.92% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC7.41%
ROIC/WACCN/A
Cap/Depr(3y)13.37%
Cap/Depr(5y)12.71%
Cap/Sales(3y)1.2%
Cap/Sales(5y)1.26%
Profit Quality(3y)328.97%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.47%
EPS 3Y0.77%
EPS 5Y11.79%
EPS Q2Q%-12.39%
EPS Next Y-3.76%
EPS Next 2Y2.29%
EPS Next 3Y5.51%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.12%
Revenue growth 3Y5.24%
Revenue growth 5Y9.17%
Sales Q2Q%2.79%
Revenue Next Year5.87%
Revenue Next 2Y5.61%
Revenue Next 3Y5.82%
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-44.54%
FCF growth 3Y-22.82%
FCF growth 5Y48.99%
OCF growth 1Y-43.15%
OCF growth 3Y-22.46%
OCF growth 5Y40.75%