GERMAN AMERICAN BANCORP (GABC) Stock Fundamental Analysis
USA - NASDAQ:GABC - US3738651047 - Common Stock
39.28 USD
+1.24 (+3.26%)
39.28 USD
0 (0%)
Taking everything into account, GABC scores 5 out of 10 in our fundamental rating. GABC was compared to 391 industry peers in the Banks industry. GABC has an average financial health and profitability rating. GABC is growing strongly while it is still valued neutral. This is a good combination! Finally GABC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GABC had positive earnings in the past year.
GABC had a positive operating cash flow in the past year.
GABC had positive earnings in each of the past 5 years.
Each year in the past 5 years GABC had a positive operating cash flow.
1.2 Ratios
GABC's Return On Assets of 1.04% is fine compared to the rest of the industry. GABC outperforms 69.57% of its industry peers.
GABC's Return On Equity of 8.05% is in line compared to the rest of the industry. GABC outperforms 47.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.04% | ||
| ROE | 8.05% | ||
| ROIC | N/A |
ROA(3y)1.35%
ROA(5y)1.36%
ROE(3y)13.1%
ROE(5y)12.37%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 28.82%, GABC is doing good in the industry, outperforming 77.49% of the companies in the same industry.
GABC's Profit Margin has been stable in the last couple of years.
GABC 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) | 28.82% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.65%
PM growth 5Y1.29%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
GABC does not have a ROIC to compare to the WACC, probably because it is not profitable.
GABC has more shares outstanding than it did 1 year ago.
GABC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GABC has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of GABC is 0.02, which is an excellent value as it means it would take GABC, only 0.02 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GABC (0.02) is better than 89.00% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that GABC is not too dependend on debt financing.
GABC has a Debt to Equity ratio of 0.00. This is amongst the best in the industry. GABC outperforms 86.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.02 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.47%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
GABC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.95%, which is quite good.
GABC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.64% yearly.
The Revenue has grown by 19.89% in the past year. This is quite good.
GABC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.84% yearly.
EPS 1Y (TTM)12.95%
EPS 3Y-4.04%
EPS 5Y3.64%
EPS Q2Q%26.47%
Revenue 1Y (TTM)19.89%
Revenue growth 3Y4.76%
Revenue growth 5Y5.84%
Sales Q2Q%38.52%
3.2 Future
Based on estimates for the next years, GABC will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.76% on average per year.
Based on estimates for the next years, GABC will show a very strong growth in Revenue. The Revenue will grow by 22.62% on average per year.
EPS Next Y24%
EPS Next 2Y14.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year41.71%
Revenue Next 2Y22.62%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.51 indicates a correct valuation of GABC.
GABC's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.50, GABC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.61, the valuation of GABC can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as GABC.
GABC is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.51 | ||
| Fwd PE | 10.61 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as GABC.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.93 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
GABC'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 GABC's earnings are expected to grow with 14.76% in the coming years.
PEG (NY)0.52
PEG (5Y)3.44
EPS Next 2Y14.76%
EPS Next 3YN/A
5. Dividend
5.1 Amount
GABC has a Yearly Dividend Yield of 3.02%.
GABC's Dividend Yield is comparable with the industry average which is at 3.60.
Compared to an average S&P500 Dividend Yield of 2.44, GABC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.02% |
5.2 History
On average, the dividend of GABC grows each year by 9.56%, which is quite nice.
GABC has paid a dividend for at least 10 years, which is a reliable track record.
GABC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.56%
Div Incr Years12
Div Non Decr Years22
5.3 Sustainability
GABC pays out 43.60% of its income as dividend. This is a bit on the high side, but may be sustainable.
GABC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP43.6%
EPS Next 2Y14.76%
EPS Next 3YN/A
39.28
+1.24 (+3.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners52.33%
Inst Owner Change-0.05%
Ins Owners2.19%
Ins Owner Change1.69%
Market Cap1.47B
Analysts78.33
Price Target47.09 (19.88%)
Short Float %3.57%
Short Ratio11.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.02% |
Yearly Dividend1.07
Dividend Growth(5Y)9.56%
DP43.6%
Div Incr Years12
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.76%
Min EPS beat(2)2.32%
Max EPS beat(2)17.2%
EPS beat(4)3
Avg EPS beat(4)6.93%
Min EPS beat(4)-0.8%
Max EPS beat(4)17.2%
EPS beat(8)6
Avg EPS beat(8)5.1%
EPS beat(12)7
Avg EPS beat(12)2.87%
EPS beat(16)10
Avg EPS beat(16)4.09%
Revenue beat(2)1
Avg Revenue beat(2)-0.98%
Min Revenue beat(2)-2.29%
Max Revenue beat(2)0.32%
Revenue beat(4)1
Avg Revenue beat(4)-1.6%
Min Revenue beat(4)-4.18%
Max Revenue beat(4)0.32%
Revenue beat(8)2
Avg Revenue beat(8)-4.89%
Revenue beat(12)2
Avg Revenue beat(12)-4.65%
Revenue beat(16)5
Avg Revenue beat(16)-3.32%
PT rev (1m)0%
PT rev (3m)3.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.53%
EPS NY rev (1m)0.72%
EPS NY rev (3m)0.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.51 | ||
| Fwd PE | 10.61 | ||
| P/S | 4.93 | ||
| P/FCF | 12.93 | ||
| P/OCF | 12.47 | ||
| P/B | 1.38 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.14
EY7.99%
EPS(NY)3.7
Fwd EY9.42%
FCF(TTM)3.04
FCFY7.73%
OCF(TTM)3.15
OCFY8.02%
SpS7.97
BVpS28.53
TBVpS17.4
PEG (NY)0.52
PEG (5Y)3.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.04% | ||
| ROE | 8.05% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 28.82% | ||
| GM | N/A | ||
| FCFM | 38.12% |
ROA(3y)1.35%
ROA(5y)1.36%
ROE(3y)13.1%
ROE(5y)12.37%
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-4.65%
PM growth 5Y1.29%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.02 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 31.47% | ||
| Cap/Sales | 1.39% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 132.24% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC12.47%
ROIC/WACCN/A
Cap/Depr(3y)64.24%
Cap/Depr(5y)64.33%
Cap/Sales(3y)2.44%
Cap/Sales(5y)2.57%
Profit Quality(3y)117.07%
Profit Quality(5y)120.53%
High Growth Momentum
Growth
EPS 1Y (TTM)12.95%
EPS 3Y-4.04%
EPS 5Y3.64%
EPS Q2Q%26.47%
EPS Next Y24%
EPS Next 2Y14.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)19.89%
Revenue growth 3Y4.76%
Revenue growth 5Y5.84%
Sales Q2Q%38.52%
Revenue Next Year41.71%
Revenue Next 2Y22.62%
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 1Y7.76%
FCF growth 3Y-1.9%
FCF growth 5Y10.21%
OCF growth 1Y4.56%
OCF growth 3Y-1.69%
OCF growth 5Y7.99%