HEARTLAND FINANCIAL USA INC (HTLF) Stock Fundamental Analysis
USA - NASDAQ:HTLF - US42234Q1022 - Common Stock
64.67 USD
-1.43 (-2.16%)
63.7263 USD
-0.94 (-1.46%)
Taking everything into account, HTLF scores 2 out of 10 in our fundamental rating. HTLF was compared to 390 industry peers in the Banks industry. HTLF may be in some trouble as it scores bad on both profitability and health. HTLF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year HTLF was profitable.
In the past year HTLF had a positive cash flow from operations.
Each year in the past 5 years HTLF has been profitable.
In the past 5 years HTLF always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.42%, HTLF is not doing good in the industry: 76.94% of the companies in the same industry are doing better.
The Return On Equity of HTLF (3.61%) is worse than 83.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 3.61% | ||
| ROIC | N/A |
ROA(3y)0.83%
ROA(5y)0.87%
ROE(3y)8.4%
ROE(5y)8.21%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HTLF has a Profit Margin of 13.31%. This is in the lower half of the industry: HTLF underperforms 78.20% of its industry peers.
HTLF's Profit Margin has declined in the last couple of years.
HTLF 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) | 13.31% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-17.2%
PM growth 5Y-11.15%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HTLF does not have a ROIC to compare to the WACC, probably because it is not profitable.
HTLF has more shares outstanding than it did 1 year ago.
HTLF has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HTLF has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of HTLF is 2.16, which is a good value as it means it would take HTLF, 2.16 years of fcf income to pay off all of its debts.
HTLF has a Debt to FCF ratio (2.16) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.20 indicates that HTLF is not too dependend on debt financing.
HTLF's Debt to Equity ratio of 0.20 is in line compared to the rest of the industry. HTLF outperforms 49.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.75%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for HTLF have decreased by -3.16% in the last year.
HTLF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.81% yearly.
HTLF shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -20.67%.
HTLF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.09% yearly.
EPS 1Y (TTM)-3.16%
EPS 3Y7.54%
EPS 5Y4.81%
EPS Q2Q%8.33%
Revenue 1Y (TTM)-20.67%
Revenue growth 3Y-1.76%
Revenue growth 5Y2.09%
Sales Q2Q%1.58%
3.2 Future
The Earnings Per Share is expected to grow by 2.70% on average over the next years.
HTLF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.67% yearly.
EPS Next Y5.54%
EPS Next 2Y-0.48%
EPS Next 3Y2.7%
EPS Next 5YN/A
Revenue Next Year0.93%
Revenue Next 2Y2.02%
Revenue Next 3Y0.67%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.06, which indicates a correct valuation of HTLF.
Compared to the rest of the industry, the Price/Earnings ratio of HTLF is on the same level as its industry peers.
HTLF's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.83.
The Price/Forward Earnings ratio is 14.71, which indicates a correct valuation of HTLF.
HTLF's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. HTLF is more expensive than 67.17% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, HTLF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.06 | ||
| Fwd PE | 14.71 |
4.2 Price Multiples
HTLF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.27 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.54
PEG (5Y)2.92
EPS Next 2Y-0.48%
EPS Next 3Y2.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.86%, HTLF has a reasonable but not impressive dividend return.
HTLF's Dividend Yield is slightly below the industry average, which is at 3.42.
Compared to the average S&P500 Dividend Yield of 2.39, HTLF is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
5.2 History
The dividend of HTLF is nicely growing with an annual growth rate of 18.17%!
HTLF has been paying a dividend for at least 10 years, so it has a reliable track record.
HTLF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)18.17%
Div Incr Years8
Div Non Decr Years11
5.3 Sustainability
HTLF pays out 77.06% of its income as dividend. This is not a sustainable payout ratio.
The dividend of HTLF is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP77.06%
EPS Next 2Y-0.48%
EPS Next 3Y2.7%
64.67
-1.43 (-2.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners79.66%
Inst Owner Change-1.57%
Ins Owners0.92%
Ins Owner Change0%
Market Cap2.77B
Revenue(TTM)580.05M
Net Income(TTM)77.19M
Analysts84.44
Price Target71.91 (11.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
Yearly Dividend1.4
Dividend Growth(5Y)18.17%
DP77.06%
Div Incr Years8
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.45%
Min EPS beat(2)-2.13%
Max EPS beat(2)-0.77%
EPS beat(4)1
Avg EPS beat(4)-0.12%
Min EPS beat(4)-5.44%
Max EPS beat(4)7.85%
EPS beat(8)2
Avg EPS beat(8)-2.3%
EPS beat(12)4
Avg EPS beat(12)-1.19%
EPS beat(16)7
Avg EPS beat(16)-0.16%
Revenue beat(2)0
Avg Revenue beat(2)-6.24%
Min Revenue beat(2)-7.21%
Max Revenue beat(2)-5.27%
Revenue beat(4)1
Avg Revenue beat(4)-3.57%
Min Revenue beat(4)-7.21%
Max Revenue beat(4)0.41%
Revenue beat(8)2
Avg Revenue beat(8)-3.93%
Revenue beat(12)3
Avg Revenue beat(12)-3.33%
Revenue beat(16)4
Avg Revenue beat(16)-2.92%
PT rev (1m)1.81%
PT rev (3m)11.02%
EPS NQ rev (1m)6.86%
EPS NQ rev (3m)6.86%
EPS NY rev (1m)0.27%
EPS NY rev (3m)0.27%
Revenue NQ rev (1m)3.95%
Revenue NQ rev (3m)3.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.06 | ||
| Fwd PE | 14.71 | ||
| P/S | 4.78 | ||
| P/FCF | 14.27 | ||
| P/OCF | 14.08 | ||
| P/B | 1.3 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.6
EY7.11%
EPS(NY)4.4
Fwd EY6.8%
FCF(TTM)4.53
FCFY7.01%
OCF(TTM)4.59
OCFY7.1%
SpS13.52
BVpS49.9
TBVpS36.14
PEG (NY)2.54
PEG (5Y)2.92
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 3.61% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 13.31% | ||
| GM | N/A | ||
| FCFM | 33.52% |
ROA(3y)0.83%
ROA(5y)0.87%
ROE(3y)8.4%
ROE(5y)8.21%
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-17.2%
PM growth 5Y-11.15%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.16 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 13.98% | ||
| Cap/Sales | 0.44% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 251.86% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC13.75%
ROIC/WACCN/A
Cap/Depr(3y)52.99%
Cap/Depr(5y)56.97%
Cap/Sales(3y)1.92%
Cap/Sales(5y)2.41%
Profit Quality(3y)236.26%
Profit Quality(5y)186.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.16%
EPS 3Y7.54%
EPS 5Y4.81%
EPS Q2Q%8.33%
EPS Next Y5.54%
EPS Next 2Y-0.48%
EPS Next 3Y2.7%
EPS Next 5YN/A
Revenue 1Y (TTM)-20.67%
Revenue growth 3Y-1.76%
Revenue growth 5Y2.09%
Sales Q2Q%1.58%
Revenue Next Year0.93%
Revenue Next 2Y2.02%
Revenue Next 3Y0.67%
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-50.46%
FCF growth 3Y16.71%
FCF growth 5Y3.5%
OCF growth 1Y-51.51%
OCF growth 3Y13.76%
OCF growth 5Y2.91%
HEARTLAND FINANCIAL USA INC / HTLF FAQ
What is the fundamental rating for HTLF stock?
ChartMill assigns a fundamental rating of 2 / 10 to HTLF.
Can you provide the valuation status for HEARTLAND FINANCIAL USA INC?
ChartMill assigns a valuation rating of 3 / 10 to HEARTLAND FINANCIAL USA INC (HTLF). This can be considered as Overvalued.
Can you provide the profitability details for HEARTLAND FINANCIAL USA INC?
HEARTLAND FINANCIAL USA INC (HTLF) has a profitability rating of 2 / 10.
What is the valuation of HEARTLAND FINANCIAL USA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HEARTLAND FINANCIAL USA INC (HTLF) is 14.06 and the Price/Book (PB) ratio is 1.3.
What is the earnings growth outlook for HEARTLAND FINANCIAL USA INC?
The Earnings per Share (EPS) of HEARTLAND FINANCIAL USA INC (HTLF) is expected to grow by 5.54% in the next year.