FIRST SAVINGS FINANCIAL GRP (FSFG)
US33621E1091 - Common Stock
Taking everything into account, FSFG scores 4 out of 10 in our fundamental rating. FSFG was compared to 412 industry peers in the Banks industry. The financial health of FSFG is average, but there are quite some concerns on its profitability. FSFG has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FSFG was profitable.
In the past year FSFG had a positive cash flow from operations.
FSFG had positive earnings in each of the past 5 years.
In multiple years FSFG reported negative operating cash flow during the last 5 years.
1.2 Ratios
FSFG's Return On Assets of 0.27% is on the low side compared to the rest of the industry. FSFG is outperformed by 89.08% of its industry peers.
The Return On Equity of FSFG (3.78%) is worse than 87.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 3.78% | ||
| ROIC | N/A |
ROA(3y)0.94%
ROA(5y)1.21%
ROE(3y)10.66%
ROE(5y)13.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 7.55%, FSFG is not doing good in the industry: 91.26% of the companies in the same industry are doing better.
FSFG's Profit Margin has declined in the last couple of years.
FSFG 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) | 7.55% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-20.19%
PM growth 5Y-15.79%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FSFG does not have a ROIC to compare to the WACC, probably because it is not profitable.
FSFG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for FSFG has been reduced compared to 5 years ago.
The debt/assets ratio for FSFG has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of FSFG is 0.50, which is an excellent value as it means it would take FSFG, only 0.50 years of fcf income to pay off all of its debts.
FSFG's Debt to FCF ratio of 0.50 is amongst the best of the industry. FSFG outperforms 83.25% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that FSFG is not too dependend on debt financing.
FSFG's Debt to Equity ratio of 0.29 is on the low side compared to the rest of the industry. FSFG is outperformed by 60.19% of its industry peers.
Although FSFG 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 | 0.29 | ||
| Debt/FCF | 0.5 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.56%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FSFG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.35%.
The Earnings Per Share has been decreasing by -5.75% on average over the past years.
Looking at the last year, FSFG shows a very negative growth in Revenue. The Revenue has decreased by -19.91% in the last year.
Measured over the past years, FSFG shows a quite strong growth in Revenue. The Revenue has been growing by 12.10% on average per year.
EPS 1Y (TTM)-57.35%
EPS 3Y-36.88%
EPS 5Y-5.75%
EPS growth Q2Q-68.29%
Revenue 1Y (TTM)-19.91%
Revenue growth 3Y-21.63%
Revenue growth 5Y12.1%
Revenue growth Q2Q-21.23%
3.2 Future
FSFG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 44.81% yearly.
FSFG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.48% yearly.
EPS Next Y40.94%
EPS Next 2Y44.81%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.71%
Revenue Next 2Y-0.48%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 17.00, the valuation of FSFG can be described as rather expensive.
Based on the Price/Earnings ratio, FSFG is valued expensively inside the industry as 83.01% of the companies are valued cheaper.
The average S&P500 Price/Earnings ratio is at 24.80. FSFG is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 6.18, which indicates a rather cheap valuation of FSFG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FSFG indicates a rather cheap valuation: FSFG is cheaper than 93.93% of the companies listed in the same industry.
FSFG is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17 | ||
| Fwd PE | 6.18 |
4.2 Price Multiples
98.79% of the companies in the same industry are more expensive than FSFG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.09 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FSFG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FSFG's earnings are expected to grow with 44.81% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y44.81%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.90%, FSFG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.91, FSFG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, FSFG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
5.2 History
The dividend of FSFG is nicely growing with an annual growth rate of 23.45%!
FSFG has been paying a dividend for at least 10 years, so it has a reliable track record.
As FSFG did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)23.45%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
61.86% of the earnings are spent on dividend by FSFG. This is not a sustainable payout ratio.
FSFG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP61.86%
EPS Next 2Y44.81%
EPS Next 3YN/A
FIRST SAVINGS FINANCIAL GRP
NASDAQ:FSFG (4/19/2024, 12:39:37 PM)
15.3
+0.65 (+4.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap105.26M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
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 | 17 | ||
| Fwd PE | 6.18 | ||
| 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)0.42
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 3.78% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 7.55% | ||
| 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 Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| 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)-57.35%
EPS 3Y-36.88%
EPS 5Y
EPS growth Q2Q
EPS Next Y40.94%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-19.91%
Revenue growth 3Y-21.63%
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