FIRST NATIONAL CORP/VA (FXNC) Stock Fundamental Analysis
USA - NASDAQ:FXNC - US32106V1070 - Common Stock
24.15 USD
+0.05 (+0.21%)
24.15 USD
0 (0%)
Taking everything into account, FXNC scores 3 out of 10 in our fundamental rating. FXNC was compared to 388 industry peers in the Banks industry. FXNC may be in some trouble as it scores bad on both profitability and health. FXNC is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
FXNC had positive earnings in the past year.
FXNC had a negative operating cash flow in the past year.
In the past 5 years FXNC has always been profitable.
FXNC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.39%, FXNC is not doing good in the industry: 81.19% of the companies in the same industry are doing better.
FXNC has a worse Return On Equity (4.59%) than 77.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 4.59% | ||
| ROIC | N/A |
ROA(3y)0.75%
ROA(5y)0.79%
ROE(3y)9.32%
ROE(5y)9.45%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 9.57%, FXNC is not doing good in the industry: 84.54% of the companies in the same industry are doing better.
FXNC's Profit Margin has declined in the last couple of years.
FXNC 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) | 9.57% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-23.95%
PM growth 5Y-17.29%
GM growth 3YN/A
GM growth 5YN/A
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 increased compared to 1 year ago.
Compared to 5 years ago, FXNC has more shares outstanding
FXNC has a better debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 0.32 indicates that FXNC is not too dependend on debt financing.
The Debt to Equity ratio of FXNC (0.32) is worse than 69.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.56%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.50% over the past year.
Measured over the past years, FXNC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.24% on average per year.
The Revenue has grown by 24.70% in the past year. This is a very strong growth!
The Revenue has been growing by 13.49% on average over the past years. This is quite good.
EPS 1Y (TTM)12.5%
EPS 3Y-18.71%
EPS 5Y-12.24%
EPS Q2Q%72.22%
Revenue 1Y (TTM)24.7%
Revenue growth 3Y15.19%
Revenue growth 5Y13.49%
Sales Q2Q%52.45%
3.2 Future
FXNC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.20% yearly.
FXNC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.57% yearly.
EPS Next Y69.27%
EPS Next 2Y44.51%
EPS Next 3Y30.2%
EPS Next 5YN/A
Revenue Next Year36.7%
Revenue Next 2Y19.89%
Revenue Next 3Y13.57%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.17, the valuation of FXNC can be described as rather expensive.
Based on the Price/Earnings ratio, FXNC is valued more expensive than 80.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of FXNC to the average of the S&P500 Index (25.89), we can say FXNC is valued slightly cheaper.
FXNC is valuated reasonably with a Price/Forward Earnings ratio of 9.97.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FXNC is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 34.59. FXNC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.17 | ||
| Fwd PE | 9.97 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FXNC'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 FXNC's earnings are expected to grow with 30.20% in the coming years.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y44.51%
EPS Next 3Y30.2%
5. Dividend
5.1 Amount
FXNC has a Yearly Dividend Yield of 2.70%.
FXNC's Dividend Yield is comparable with the industry average which is at 3.38.
FXNC's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
5.2 History
The dividend of FXNC is nicely growing with an annual growth rate of 9.67%!
FXNC has paid a dividend for at least 10 years, which is a reliable track record.
FXNC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.67%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
FXNC pays out 61.90% of its income as dividend. This is not a sustainable payout ratio.
The dividend of FXNC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP61.9%
EPS Next 2Y44.51%
EPS Next 3Y30.2%
24.15
+0.05 (+0.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners41.65%
Inst Owner Change-0.85%
Ins Owners14.02%
Ins Owner Change1.94%
Market Cap217.11M
Revenue(TTM)68.83M
Net Income(TTM)7.97M
Analysts45.71
Price Target23.46 (-2.86%)
Short Float %2.31%
Short Ratio11.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
Yearly Dividend0.53
Dividend Growth(5Y)9.67%
DP61.9%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-28.05%
Min EPS beat(2)-67.01%
Max EPS beat(2)10.91%
EPS beat(4)1
Avg EPS beat(4)-43.98%
Min EPS beat(4)-117.86%
Max EPS beat(4)10.91%
EPS beat(8)2
Avg EPS beat(8)-37.91%
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)0
Avg Revenue beat(2)-3.75%
Min Revenue beat(2)-6.14%
Max Revenue beat(2)-1.36%
Revenue beat(4)1
Avg Revenue beat(4)1.7%
Min Revenue beat(4)-6.14%
Max Revenue beat(4)15.24%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.41%
EPS NY rev (1m)1.32%
EPS NY rev (3m)9.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.17 | ||
| Fwd PE | 9.97 | ||
| P/S | 2.61 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.25 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.26
EY5.22%
EPS(NY)2.42
Fwd EY10.03%
FCF(TTM)-2.86
FCFYN/A
OCF(TTM)-2.48
OCFYN/A
SpS9.26
BVpS19.3
TBVpS17.4
PEG (NY)0.28
PEG (5Y)N/A
Graham Number23.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 4.59% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 9.57% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)0.75%
ROA(5y)0.79%
ROE(3y)9.32%
ROE(5y)9.45%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-23.95%
PM growth 5Y-17.29%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 90.62% | ||
| Cap/Sales | 4.1% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score3
WACC14.56%
ROIC/WACCN/A
Cap/Depr(3y)110.2%
Cap/Depr(5y)90.42%
Cap/Sales(3y)3.4%
Cap/Sales(5y)2.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.5%
EPS 3Y-18.71%
EPS 5Y-12.24%
EPS Q2Q%72.22%
EPS Next Y69.27%
EPS Next 2Y44.51%
EPS Next 3Y30.2%
EPS Next 5YN/A
Revenue 1Y (TTM)24.7%
Revenue growth 3Y15.19%
Revenue growth 5Y13.49%
Sales Q2Q%52.45%
Revenue Next Year36.7%
Revenue Next 2Y19.89%
Revenue Next 3Y13.57%
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-221.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-199.8%
OCF growth 3YN/A
OCF growth 5YN/A
FIRST NATIONAL CORP/VA / FXNC FAQ
What is the ChartMill fundamental rating of FIRST NATIONAL CORP/VA (FXNC) stock?
ChartMill assigns a fundamental rating of 3 / 10 to FXNC.
What is the valuation status for FXNC stock?
ChartMill assigns a valuation rating of 4 / 10 to FIRST NATIONAL CORP/VA (FXNC). This can be considered as Fairly Valued.
Can you provide the profitability details for FIRST NATIONAL CORP/VA?
FIRST NATIONAL CORP/VA (FXNC) has a profitability rating of 2 / 10.
What is the financial health of FIRST NATIONAL CORP/VA (FXNC) stock?
The financial health rating of FIRST NATIONAL CORP/VA (FXNC) is 1 / 10.
How sustainable is the dividend of FIRST NATIONAL CORP/VA (FXNC) stock?
The dividend rating of FIRST NATIONAL CORP/VA (FXNC) is 6 / 10 and the dividend payout ratio is 61.9%.