FIRST UNITED CORP (FUNC) Stock Fundamental Analysis
USA - NASDAQ:FUNC - US33741H1077 - Common Stock
36.525 USD
+0.38 (+1.07%)
36.525 USD
0 (0%)
Taking everything into account, FUNC scores 4 out of 10 in our fundamental rating. FUNC was compared to 392 industry peers in the Banks industry. FUNC has a medium profitability rating, but doesn't score so well on its financial health evaluation. FUNC is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year FUNC was profitable.
In the past year FUNC had a positive cash flow from operations.
Each year in the past 5 years FUNC has been profitable.
FUNC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FUNC's Return On Assets of 1.18% is fine compared to the rest of the industry. FUNC outperforms 77.04% of its industry peers.
Looking at the Return On Equity, with a value of 12.42%, FUNC belongs to the top of the industry, outperforming 83.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.18% | ||
| ROE | 12.42% | ||
| ROIC | N/A |
ROA(3y)1.06%
ROA(5y)1.03%
ROE(3y)12.43%
ROE(5y)12.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 28.35%, FUNC is in the better half of the industry, outperforming 75.51% of the companies in the same industry.
FUNC's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for FUNC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 28.35% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-1.51%
PM growth 5Y4.4%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FUNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
FUNC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for FUNC has been reduced compared to 5 years ago.
Compared to 1 year ago, FUNC has a worse debt to assets ratio.
2.2 Solvency
FUNC has a debt to FCF ratio of 4.85. This is a neutral value as FUNC would need 4.85 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.85, FUNC is not doing good in the industry: 66.58% of the companies in the same industry are doing better.
FUNC has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.43, FUNC is not doing good in the industry: 74.23% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.64%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FUNC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.36%, which is quite impressive.
The Earnings Per Share has been growing by 11.20% on average over the past years. This is quite good.
The Revenue has grown by 15.61% in the past year. This is quite good.
The Revenue has been growing slightly by 4.79% on average over the past years.
EPS 1Y (TTM)30.36%
EPS 3Y2.27%
EPS 5Y11.2%
EPS Q2Q%22.67%
Revenue 1Y (TTM)15.61%
Revenue growth 3Y2.88%
Revenue growth 5Y4.79%
Sales Q2Q%8.54%
3.2 Future
The Earnings Per Share is expected to grow by 15.22% on average over the next years. This is quite good.
FUNC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.14% yearly.
EPS Next Y18.19%
EPS Next 2Y15.22%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.12%
Revenue Next 2Y8.14%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.01 indicates a reasonable valuation of FUNC.
Compared to the rest of the industry, the Price/Earnings ratio of FUNC indicates a rather cheap valuation: FUNC is cheaper than 82.91% of the companies listed in the same industry.
FUNC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.20.
Based on the Price/Forward Earnings ratio of 8.73, the valuation of FUNC can be described as reasonable.
Based on the Price/Forward Earnings ratio, FUNC is valued a bit cheaper than 76.79% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FUNC to the average of the S&P500 Index (22.70), we can say FUNC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.01 | ||
| Fwd PE | 8.73 |
4.2 Price Multiples
FUNC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.05 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The 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 FUNC's earnings are expected to grow with 15.22% in the coming years.
PEG (NY)0.55
PEG (5Y)0.89
EPS Next 2Y15.22%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FUNC has a Yearly Dividend Yield of 2.40%.
FUNC's Dividend Yield is slightly below the industry average, which is at 3.73.
Compared to an average S&P500 Dividend Yield of 2.38, FUNC has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
5.2 History
The dividend of FUNC is nicely growing with an annual growth rate of 13.42%!
FUNC has paid a dividend for at least 10 years, which is a reliable track record.
FUNC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)13.42%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
23.43% of the earnings are spent on dividend by FUNC. This is a low number and sustainable payout ratio.
FUNC's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP23.43%
EPS Next 2Y15.22%
EPS Next 3YN/A
36.525
+0.38 (+1.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners47.07%
Inst Owner Change5.23%
Ins Owners8.01%
Ins Owner Change1.77%
Market Cap237.05M
Analysts82.86
Price Target42.84 (17.29%)
Short Float %1.3%
Short Ratio3.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
Yearly Dividend0.82
Dividend Growth(5Y)13.42%
DP23.43%
Div Incr Years6
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.22%
Min EPS beat(2)7.38%
Max EPS beat(2)9.07%
EPS beat(4)4
Avg EPS beat(4)8.8%
Min EPS beat(4)7.38%
Max EPS beat(4)10.45%
EPS beat(8)7
Avg EPS beat(8)10.09%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)0.51%
Revenue beat(4)1
Avg Revenue beat(4)-0.79%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)0.51%
Revenue beat(8)3
Avg Revenue beat(8)1.26%
Revenue beat(12)3
Avg Revenue beat(12)-0.43%
Revenue beat(16)5
Avg Revenue beat(16)0.28%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.32%
EPS NY rev (1m)5.8%
EPS NY rev (3m)5.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.01 | ||
| Fwd PE | 8.73 | ||
| P/S | 2.83 | ||
| P/FCF | 14.05 | ||
| P/OCF | 12.16 | ||
| P/B | 1.24 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.65
EY9.99%
EPS(NY)4.18
Fwd EY11.45%
FCF(TTM)2.6
FCFY7.12%
OCF(TTM)3
OCFY8.22%
SpS12.91
BVpS29.45
TBVpS27.66
PEG (NY)0.55
PEG (5Y)0.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.18% | ||
| ROE | 12.42% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 28.35% | ||
| GM | N/A | ||
| FCFM | 20.15% |
ROA(3y)1.06%
ROA(5y)1.03%
ROE(3y)12.43%
ROE(5y)12.36%
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-1.51%
PM growth 5Y4.4%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.85 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 87.52% | ||
| Cap/Sales | 3.12% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 71.06% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC11.64%
ROIC/WACCN/A
Cap/Depr(3y)56.87%
Cap/Depr(5y)50.48%
Cap/Sales(3y)2.55%
Cap/Sales(5y)2.31%
Profit Quality(3y)112.42%
Profit Quality(5y)107.67%
High Growth Momentum
Growth
EPS 1Y (TTM)30.36%
EPS 3Y2.27%
EPS 5Y11.2%
EPS Q2Q%22.67%
EPS Next Y18.19%
EPS Next 2Y15.22%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.61%
Revenue growth 3Y2.88%
Revenue growth 5Y4.79%
Sales Q2Q%8.54%
Revenue Next Year10.12%
Revenue Next 2Y8.14%
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-24.67%
FCF growth 3Y2.51%
FCF growth 5Y10.42%
OCF growth 1Y-18.79%
OCF growth 3Y3.67%
OCF growth 5Y6.32%