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 393 industry peers in the Banks industry. While FSBW is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
In the past year FSBW had a positive cash flow from operations.
In the past 5 years FSBW has always been profitable.
Of the past 5 years FSBW 4 years had a positive operating cash flow.
1.2 Ratios
FSBW has a Return On Assets of 1.38%. This is amongst the best in the industry. FSBW outperforms 87.53% of its industry peers.
FSBW's Return On Equity of 14.17% is amongst the best of the industry. FSBW outperforms 90.33% 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 49.36% of the companies in the same industry.
FSBW's Profit Margin has been stable in the last couple of years.
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) | 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.
Compared to 1 year ago, FSBW has more shares outstanding
The number of shares outstanding for FSBW has been reduced compared to 5 years ago.
The debt/assets ratio for FSBW has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of FSBW is 0.87, which is an excellent value as it means it would take FSBW, only 0.87 years of fcf income to pay off all of its debts.
FSBW's Debt to FCF ratio of 0.87 is fine compared to the rest of the industry. FSBW outperforms 77.35% of its industry peers.
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 | 0.87 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.51%
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 -7.47%.
FSBW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.79% yearly.
FSBW shows a small growth in Revenue. In the last year, the Revenue has grown by 0.60%.
The Revenue has been growing by 9.17% on average over the past years. This is quite good.
EPS 1Y (TTM)-7.47%
EPS 3Y0.77%
EPS 5Y11.79%
EPS Q2Q%-12.39%
Revenue 1Y (TTM)0.6%
Revenue growth 3Y5.24%
Revenue growth 5Y9.17%
Sales Q2Q%2.79%
3.2 Future
The Earnings Per Share is expected to grow by 1.80% on average over the next years.
The Revenue is expected to grow by 5.82% on average over the next years.
EPS Next Y-5.96%
EPS Next 2Y1.8%
EPS Next 3YN/A
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.
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 9.58, the valuation of FSBW can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of FSBW indicates a rather cheap valuation: FSBW is cheaper than 84.99% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.93. FSBW is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.84, which indicates a very decent valuation of FSBW.
Based on the Price/Forward Earnings ratio, FSBW is valued a bit cheaper than the industry average as 72.01% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.78, FSBW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.58 | ||
| Fwd PE | 8.84 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FSBW is valued cheaper than 90.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.44 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.81
EPS Next 2Y1.8%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FSBW has a Yearly Dividend Yield of 2.70%. Purely for dividend investing, there may be better candidates out there.
FSBW's Dividend Yield is comparable with the industry average which is at 3.40.
Compared to an average S&P500 Dividend Yield of 2.32, FSBW has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
5.2 History
On average, the dividend of FSBW grows each year by 26.69%, which is quite nice.
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 2Y1.8%
EPS Next 3YN/A
NASDAQ:FSBW (7/28/2025, 8:00:00 PM)
40.32
-0.74 (-1.8%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners70.37%
Inst Owner Change-0.05%
Ins Owners9.17%
Ins Owner Change0.65%
Market Cap310.46M
Analysts80
Price Target44.37 (10.04%)
Short Float %1.32%
Short Ratio5.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
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)0%
PT rev (3m)-2.25%
EPS NQ rev (1m)-0.17%
EPS NQ rev (3m)-6.75%
EPS NY rev (1m)0.33%
EPS NY rev (3m)-2.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.52%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.58 | ||
| Fwd PE | 8.84 | ||
| P/S | 1.72 | ||
| P/FCF | 5.44 | ||
| P/OCF | 5.29 | ||
| P/B | 1.04 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.21
EY10.44%
EPS(NY)4.56
Fwd EY11.31%
FCF(TTM)7.41
FCFY18.39%
OCF(TTM)7.63
OCFY18.91%
SpS23.48
BVpS38.81
TBVpS35.51
PEG (NY)N/A
PEG (5Y)0.81
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
WACC7.51%
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-5.96%
EPS Next 2Y1.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.6%
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-44.62%
FCF growth 3Y-22.82%
FCF growth 5Y48.99%
OCF growth 1Y-44.34%
OCF growth 3Y-22.46%
OCF growth 5Y40.75%