FS BANCORP INC (FSBW) Stock Fundamental Analysis
NASDAQ:FSBW - Nasdaq - US30263Y1047 - Common Stock - Currency: USD
FSBW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 396 industry peers in the Banks industry. There are concerns on the financial health of FSBW while its profitability can be described as average. FSBW is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FSBW was profitable.
FSBW had a positive operating cash flow in the past year.
Each year in the past 5 years FSBW has been profitable.
FSBW had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FSBW's Return On Assets of 1.38% is amongst the best of the industry. FSBW outperforms 87.88% of its industry peers.
FSBW's Return On Equity of 14.17% is amongst the best of the industry. FSBW outperforms 90.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.38% | ||
| ROE | 14.17% | ||
| 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
Looking at the Profit Margin, with a value of 23.42%, FSBW is in line with its industry, outperforming 49.49% of the companies in the same industry.
In the last couple of years the Profit Margin of FSBW has remained more or less at the same level.
FSBW 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) | 23.42% | ||
| 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.
The number of shares outstanding for FSBW has been increased compared to 1 year ago.
The number of shares outstanding for FSBW has been reduced compared to 5 years ago.
FSBW has a better debt/assets ratio than last year.
2.2 Solvency
FSBW has a debt to FCF ratio of 0.87. This is a very positive value and a sign of high solvency as it would only need 0.87 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 0.87, FSBW is doing good in the industry, outperforming 77.27% 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's Debt to Equity ratio of 0.17 is in line compared to the rest of the industry. FSBW outperforms 51.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.87 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.32%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FSBW shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.02%.
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.
FSBW shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.10%.
The Revenue has been growing by 9.17% on average over the past years. This is quite good.
EPS 1Y (TTM)-5.02%
EPS 3Y0.77%
EPS 5Y11.79%
EPS Q2Q%-4.72%
Revenue 1Y (TTM)26.1%
Revenue growth 3Y5.24%
Revenue growth 5Y9.17%
Sales Q2Q%1.84%
3.2 Future
FSBW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.42% yearly.
FSBW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.31% yearly.
EPS Next Y-6.27%
EPS Next 2Y1.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.63%
Revenue Next 2Y5.31%
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.
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 8.77, the valuation of FSBW can be described as very reasonable.
Based on the Price/Earnings ratio, FSBW is valued cheaper than 87.88% of the companies in the same industry.
FSBW is valuated cheaply when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.43, which indicates a very decent valuation of FSBW.
Based on the Price/Forward Earnings ratio, FSBW is valued a bit cheaper than 68.94% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.17. FSBW is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.77 | ||
| Fwd PE | 8.43 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FSBW is valued cheaper than 89.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.15 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.74
EPS Next 2Y1.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FSBW has a Yearly Dividend Yield of 2.82%.
FSBW's Dividend Yield is comparable with the industry average which is at 3.46.
Compared to an average S&P500 Dividend Yield of 2.38, FSBW has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
The dividend of FSBW is nicely growing with an annual growth rate of 26.69%!
FSBW has paid a dividend for at least 10 years, which is 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 19.89% 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.
DP19.89%
EPS Next 2Y1.42%
EPS Next 3YN/A
NASDAQ:FSBW (6/2/2025, 8:02:06 PM)
38.17
-0.24 (-0.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners71.01%
Inst Owner Change7.81%
Ins Owners10.05%
Ins Owner Change0.65%
Market Cap293.91M
Analysts80
Price Target44.37 (16.24%)
Short Float %0.77%
Short Ratio3.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend1.06
Dividend Growth(5Y)26.69%
DP19.89%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.73%
Min EPS beat(2)-13.55%
Max EPS beat(2)6.09%
EPS beat(4)3
Avg EPS beat(4)2.94%
Min EPS beat(4)-13.55%
Max EPS beat(4)10.62%
EPS beat(8)5
Avg EPS beat(8)3.59%
EPS beat(12)7
Avg EPS beat(12)2.48%
EPS beat(16)10
Avg EPS beat(16)4.07%
Revenue beat(2)0
Avg Revenue beat(2)-2.72%
Min Revenue beat(2)-3.65%
Max Revenue beat(2)-1.78%
Revenue beat(4)2
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-3.65%
Max Revenue beat(4)0.73%
Revenue beat(8)4
Avg Revenue beat(8)-1.01%
Revenue beat(12)8
Avg Revenue beat(12)0.03%
Revenue beat(16)10
Avg Revenue beat(16)0.28%
PT rev (1m)-2.25%
PT rev (3m)-6.45%
EPS NQ rev (1m)-1.69%
EPS NQ rev (3m)-6.59%
EPS NY rev (1m)-2.8%
EPS NY rev (3m)-2.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.52%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.77 | ||
| Fwd PE | 8.43 | ||
| P/S | 1.63 | ||
| P/FCF | 5.15 | ||
| P/OCF | 5.01 | ||
| P/B | 0.98 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.35
EY11.4%
EPS(NY)4.53
Fwd EY11.86%
FCF(TTM)7.41
FCFY19.43%
OCF(TTM)7.63
OCFY19.98%
SpS23.48
BVpS38.81
TBVpS35.51
PEG (NY)N/A
PEG (5Y)0.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.38% | ||
| ROE | 14.17% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 23.42% | ||
| GM | N/A | ||
| FCFM | 31.58% |
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-Score8
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.87 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 16.17% | ||
| Cap/Sales | 0.9% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 134.85% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC7.32%
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)-5.02%
EPS 3Y0.77%
EPS 5Y11.79%
EPS Q2Q%-4.72%
EPS Next Y-6.27%
EPS Next 2Y1.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)26.1%
Revenue growth 3Y5.24%
Revenue growth 5Y9.17%
Sales Q2Q%1.84%
Revenue Next Year4.63%
Revenue Next 2Y5.31%
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-44.62%
FCF growth 3Y-22.82%
FCF growth 5Y48.99%
OCF growth 1Y-44.34%
OCF growth 3Y-22.46%
OCF growth 5Y40.75%