Fundamental Analysis of FIRST NATIONAL CORP/VA(NASDAQ:FXNC) stock

Fundamental Rating

Taking everything into account, FXNC scores 3 out of 10 in our fundamental rating. FXNC was compared to 412 industry peers in the Banks industry. FXNC may be in some trouble as it scores bad on both profitability and health. FXNC has a valuation in line with the averages, but it does not seem to be growing. FXNC also has an excellent dividend rating.

Quickly go to:

1. Profitability

1.1 Basic Checks

In the past year FXNC was profitable.

FXNC had a positive operating cash flow in the past year.

In the past 5 years FXNC has always been profitable.

Each year in the past 5 years FXNC had a positive operating cash flow.

1.2 Ratios

FXNC has a Return On Assets of 0.68%. This is in the lower half of the industry: FXNC underperforms 65.78% of its industry peers.

FXNC's Return On Equity of 8.28% is in line compared to the rest of the industry. FXNC outperforms 41.99% of its industry peers.

		Industry Rank	Sector Rank
ROA	0.68%
ROE	8.28%
ROIC	N/A

ROA(3y)0.88%

ROA(5y)0.96%

ROE(3y)10.88%

ROE(5y)11.09%

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

With a Profit Margin value of 17.44%, FXNC is not doing good in the industry: 74.27% of the companies in the same industry are doing better.

In the last couple of years the Profit Margin of FXNC has declined.

The Operating Margin and Gross Margin are not available for FXNC so they could not be analyzed.

		Industry Rank	Sector Rank
OM	N/A
PM (TTM)	17.44%
GM	N/A

OM growth 3YN/A

OM growth 5YN/A

PM growth 3Y-9.46%

PM growth 5Y-8.75%

GM growth 3YN/A

GM growth 5YN/A

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

FXNC does not have a ROIC to compare to the WACC, probably because it is not profitable.

The number of shares outstanding for FXNC has been reduced compared to 1 year ago.

The number of shares outstanding for FXNC has been increased compared to 5 years ago.

FXNC has a worse debt/assets ratio than last year.

2.2 Solvency

FXNC has a debt to FCF ratio of 4.43. This is a neutral value as FXNC would need 4.43 years to pay back of all of its debts.

Looking at the Debt to FCF ratio, with a value of 4.43, FXNC is doing worse than 65.53% of the companies in the same industry.

A Debt/Equity ratio of 0.55 indicates that FXNC is somewhat dependend on debt financing.

Looking at the Debt to Equity ratio, with a value of 0.55, FXNC is doing worse than 72.82% of the companies in the same industry.

		Industry Rank	Sector Rank
Debt/Equity	0.55
Debt/FCF	4.43
Altman-Z	N/A

ROIC/WACCN/A

WACC12.98%

2.3 Liquidity

		Industry Rank	Sector Rank
Current Ratio	N/A
Quick Ratio	N/A

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

FXNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -42.76%.

Measured over the past years, FXNC shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.56% on average per year.

The Revenue has decreased by -5.16% in the past year.

Measured over the past years, FXNC shows a quite strong growth in Revenue. The Revenue has been growing by 8.45% on average per year.

EPS 1Y (TTM)-42.76%

EPS 3Y-5.57%

EPS 5Y-5.56%

EPS growth Q2Q-118.42%

Revenue 1Y (TTM)-5.16%

Revenue growth 3Y13.53%

Revenue growth 5Y8.45%

Revenue growth Q2Q-13.85%

3.2 Future

FXNC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.55% yearly.

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

EPS Next Y19.33%

EPS Next 2Y20.55%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue Next YearN/A

Revenue Next 2YN/A

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.

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 9.71, the valuation of FXNC can be described as very reasonable.

Compared to the rest of the industry, the Price/Earnings ratio of FXNC is on the same level as its industry peers.

When comparing the Price/Earnings ratio of FXNC to the average of the S&P500 Index (24.55), we can say FXNC is valued rather cheaply.

FXNC is valuated reasonably with a Price/Forward Earnings ratio of 8.13.

79.85% of the companies in the same industry are more expensive than FXNC, based on the Price/Forward Earnings ratio.

FXNC is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.92, which is the current average of the S&P500 Index.

		Industry Rank	Sector Rank
PE	9.71
Fwd PE	8.13

4.2 Price Multiples

75.97% of the companies in the same industry are more expensive than FXNC, based on the Price/Free Cash Flow ratio.

		Industry Rank	Sector Rank
P/FCF	6.42
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.

FXNC's earnings are expected to grow with 20.55% in the coming years. This may justify a more expensive valuation.

PEG (NY)0.5

PEG (5Y)N/A

EPS Next 2Y20.55%

EPS Next 3YN/A

More info and screens

Show best valued peers

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.07%, FXNC is a good candidate for dividend investing.

The stock price of FXNC dropped by -26.12% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.

FXNC's Dividend Yield is a higher than the industry average which is at 3.86.

Compared to an average S&P500 Dividend Yield of 2.39, FXNC pays a better dividend.

		Industry Rank	Sector Rank
Dividend Yield	4.07%

5.2 History

The dividend of FXNC is nicely growing with an annual growth rate of 24.96%!

FXNC has paid a dividend for at least 10 years, which is a reliable track record.

As FXNC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.

Dividend Growth(5Y)24.96%

Div Incr Years9

Div Non Decr Years9

5.3 Sustainability

FXNC pays out 37.35% of its income as dividend. This is a sustainable payout ratio.

The dividend of FXNC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.

DP37.35%

EPS Next 2Y20.55%

EPS Next 3YN/A

More info and screens

Find the best dividend stocks

Show peers with best dividend

FIRST NATIONAL CORP/VA

NASDAQ:FXNC (5/1/2024, 7:00:01 PM)

14.8499

+0.09 (+0.61%)

Chartmill FA Rating

GICS SectorFinancials

GICS IndustryGroupBanks

GICS IndustryBanks

Earnings (Last)

Earnings (Next)

Inst Owners

Inst Owner Change

Ins Owners

Ins Owner Change

Market Cap93.26M

Analysts

Price Target

Dividend

		Industry Rank	Sector Rank
Dividend Yield	4.07%

Dividend Growth(5Y)

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	9.71
Fwd PE	8.13
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA

EPS(TTM)

EPS(NY)

Fwd EY

FCF(TTM)

FCFY

OCF(TTM)

OCFY

SpS

BVpS

TBVpS

PEG (NY)0.5

PEG (5Y)N/A

Profitability

		Industry Rank	Sector Rank
ROA	0.68%
ROE	8.28%
ROCE
ROIC
ROICexc
ROICexgc
OM	N/A
PM (TTM)	17.44%
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	0.55
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)-42.76%

EPS 3Y-5.57%

EPS 5Y

EPS growth Q2Q

EPS Next Y19.33%

EPS Next 2Y

EPS Next 3Y

EPS Next 5Y

Revenue 1Y (TTM)-5.16%

Revenue growth 3Y13.53%

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

FIRST NATIONAL CORP/VA (FXNC)

1. Profitability

1.1 Basic Checks

1.2 Ratios

1.3 Margins

More info and screens

2. Health

2.1 Basic Checks

2.2 Solvency

2.3 Liquidity

More info and screens

3. Growth

3.1 Past

3.2 Future

3.3 Evolution

More info and screens

4. Valuation

4.1 Price/Earnings Ratio

4.2 Price Multiples

4.3 Compensation for Growth

More info and screens

5. Dividend

5.1 Amount

5.2 History

5.3 Sustainability

More info and screens