INDEPENDENT BANK GROUP INC (IBTX) Stock Fundamental Analysis

NASDAQ:IBTX • US45384B1061

60.67 USD
+0.28 (+0.46%)
At close: Dec 31, 2024
60.63 USD
-0.04 (-0.07%)
After Hours: 12/31/2024, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

2

IBTX gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 379 industry peers in the Banks industry. IBTX has a bad profitability rating. Also its financial health evaluation is rather negative. IBTX is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • IBTX had positive earnings in the past year.
  • IBTX had a positive operating cash flow in the past year.
  • In the past 5 years IBTX has always been profitable.
  • IBTX had a positive operating cash flow in each of the past 5 years.
IBTX Yearly Net Income VS EBIT VS OCF VS FCFIBTX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M 250M

1.2 Ratios

  • IBTX's Return On Assets of -2.20% is on the low side compared to the rest of the industry. IBTX is outperformed by 98.99% of its industry peers.
  • IBTX's Return On Equity of -20.96% is on the low side compared to the rest of the industry. IBTX is outperformed by 98.99% of its industry peers.
Industry RankSector Rank
ROA -2.2%
ROE -20.96%
ROIC N/A
ROA(3y)0.83%
ROA(5y)0.98%
ROE(3y)6.2%
ROE(5y)6.94%
ROIC(3y)N/A
ROIC(5y)N/A
IBTX Yearly ROA, ROE, ROICIBTX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2 4 6 8

1.3 Margins

  • IBTX's Profit Margin has declined in the last couple of years.
  • The Profit Margin and Operating Margin and Gross Margin are not available for IBTX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-36.52%
PM growth 5Y-24.46%
GM growth 3YN/A
GM growth 5YN/A
IBTX Yearly Profit, Operating, Gross MarginsIBTX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • IBTX does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, IBTX has more shares outstanding
  • The debt/assets ratio for IBTX has been reduced compared to a year ago.
IBTX Yearly Shares OutstandingIBTX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M
IBTX Yearly Total Debt VS Total AssetsIBTX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 5B 10B 15B

2.2 Solvency

  • The Debt to FCF ratio of IBTX is 12.15, which is on the high side as it means it would take IBTX, 12.15 years of fcf income to pay off all of its debts.
  • With a Debt to FCF ratio value of 12.15, IBTX is not doing good in the industry: 75.06% of the companies in the same industry are doing better.
  • A Debt/Equity ratio of 0.26 indicates that IBTX is not too dependend on debt financing.
  • IBTX's Debt to Equity ratio of 0.26 is in line compared to the rest of the industry. IBTX outperforms 40.05% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 12.15
Altman-Z N/A
ROIC/WACCN/A
WACC17.25%
IBTX Yearly LT Debt VS Equity VS FCFIBTX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
IBTX Yearly Current Assets VS Current LiabilitesIBTX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 5M 10M 15M 20M 25M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The earnings per share for IBTX have decreased strongly by -39.43% in the last year.
  • Measured over the past years, IBTX shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.80% on average per year.
  • Looking at the last year, IBTX shows a quite strong growth in Revenue. The Revenue has grown by 8.01% in the last year.
  • The Revenue has been growing slightly by 6.63% on average over the past years.
EPS 1Y (TTM)-39.43%
EPS 3Y-10.93%
EPS 5Y-5.8%
EPS Q2Q%-36.71%
Revenue 1Y (TTM)8.01%
Revenue growth 3Y-5.48%
Revenue growth 5Y6.63%
Sales Q2Q%-1.95%

3.2 Future

  • Based on estimates for the next years, IBTX will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.84% on average per year.
  • Based on estimates for the next years, IBTX will show a quite strong growth in Revenue. The Revenue will grow by 9.19% on average per year.
EPS Next Y-25.82%
EPS Next 2Y11.19%
EPS Next 3Y14.84%
EPS Next 5YN/A
Revenue Next Year-5.75%
Revenue Next 2Y8.16%
Revenue Next 3Y9.19%
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 accelerating: in the next years the growth will be better than in the last years.
IBTX Yearly Revenue VS EstimatesIBTX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
IBTX Yearly EPS VS EstimatesIBTX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 25.82, which means the current valuation is very expensive for IBTX.
  • 82.62% of the companies in the same industry are cheaper than IBTX, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.98. IBTX is around the same levels.
  • IBTX is valuated correctly with a Price/Forward Earnings ratio of 14.87.
  • Based on the Price/Forward Earnings ratio, IBTX is valued a bit more expensive than the industry average as 70.53% of the companies are valued more cheaply.
  • The average S&P500 Price/Forward Earnings ratio is at 28.01. IBTX is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 25.82
Fwd PE 14.87
IBTX Price Earnings VS Forward Price EarningsIBTX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, IBTX is valued more expensive than 80.10% of the companies in the same industry.
Industry RankSector Rank
P/FCF 59.94
EV/EBITDA N/A
IBTX Per share dataIBTX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • IBTX's earnings are expected to grow with 14.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.19%
EPS Next 3Y14.84%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • IBTX has a Yearly Dividend Yield of 2.51%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.74, IBTX is paying slightly less dividend.
  • IBTX's Dividend Yield is a higher than the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 2.51%

5.2 History

  • On average, the dividend of IBTX grows each year by 23.11%, which is quite nice.
  • IBTX has been paying a dividend for at least 10 years, so it has a reliable track record.
  • IBTX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)23.11%
Div Incr Years0
Div Non Decr Years11
IBTX Yearly Dividends per shareIBTX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.5 1 1.5

5.3 Sustainability

  • The earnings of IBTX are negative and hence is the payout ratio. IBTX will probably not be able to sustain this dividend level.
  • The dividend of IBTX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-15.39%
EPS Next 2Y11.19%
EPS Next 3Y14.84%
IBTX Yearly Income VS Free CF VS DividendIBTX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M

More info and screens

Find the best dividend stocksShow peers with best dividend

INDEPENDENT BANK GROUP INC

NASDAQ:IBTX (12/31/2024, 8:00:02 PM)

After market: 60.63 -0.04 (-0.07%)

60.67

+0.28 (+0.46%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)10-21
Earnings (Next)01-20
Inst Owners77.53%
Inst Owner Change0%
Ins Owners3.11%
Ins Owner Change0%
Market Cap2.51B
Revenue(TTM)587.60M
Net Income(TTM)-408.52M
Analysts80
Price Target58.31 (-3.89%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.51%
Yearly Dividend1.52
Dividend Growth(5Y)23.11%
DP-15.39%
Div Incr Years0
Div Non Decr Years11
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.55%
Min EPS beat(2)-28.26%
Max EPS beat(2)1.17%
EPS beat(4)2
Avg EPS beat(4)-7.83%
Min EPS beat(4)-28.26%
Max EPS beat(4)4.56%
EPS beat(8)3
Avg EPS beat(8)-5.37%
EPS beat(12)5
Avg EPS beat(12)-3.26%
EPS beat(16)7
Avg EPS beat(16)-2.85%
Revenue beat(2)0
Avg Revenue beat(2)-4.46%
Min Revenue beat(2)-5.4%
Max Revenue beat(2)-3.51%
Revenue beat(4)0
Avg Revenue beat(4)-5.69%
Min Revenue beat(4)-7.43%
Max Revenue beat(4)-3.51%
Revenue beat(8)0
Avg Revenue beat(8)-6.9%
Revenue beat(12)0
Avg Revenue beat(12)-5.13%
Revenue beat(16)0
Avg Revenue beat(16)-4.72%
PT rev (1m)2.69%
PT rev (3m)1.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.46%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.93%
Valuation
Industry RankSector Rank
PE 25.82
Fwd PE 14.87
P/S 4.28
P/FCF 59.94
P/OCF 44.69
P/B 1.29
P/tB 1.76
EV/EBITDA N/A
EPS(TTM)2.35
EY3.87%
EPS(NY)4.08
Fwd EY6.72%
FCF(TTM)1.01
FCFY1.67%
OCF(TTM)1.36
OCFY2.24%
SpS14.18
BVpS47.03
TBVpS34.54
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.2%
ROE -20.96%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM 7.14%
ROA(3y)0.83%
ROA(5y)0.98%
ROE(3y)6.2%
ROE(5y)6.94%
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-36.52%
PM growth 5Y-24.46%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 12.15
Debt/EBITDA N/A
Cap/Depr 45.25%
Cap/Sales 2.44%
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-Score4
WACC17.25%
ROIC/WACCN/A
Cap/Depr(3y)194.46%
Cap/Depr(5y)158.96%
Cap/Sales(3y)8.88%
Cap/Sales(5y)7.12%
Profit Quality(3y)168.82%
Profit Quality(5y)129.43%
High Growth Momentum
Growth
EPS 1Y (TTM)-39.43%
EPS 3Y-10.93%
EPS 5Y-5.8%
EPS Q2Q%-36.71%
EPS Next Y-25.82%
EPS Next 2Y11.19%
EPS Next 3Y14.84%
EPS Next 5YN/A
Revenue 1Y (TTM)8.01%
Revenue growth 3Y-5.48%
Revenue growth 5Y6.63%
Sales Q2Q%-1.95%
Revenue Next Year-5.75%
Revenue Next 2Y8.16%
Revenue Next 3Y9.19%
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-65.51%
FCF growth 3Y2.7%
FCF growth 5Y3.65%
OCF growth 1Y-73.99%
OCF growth 3Y2.32%
OCF growth 5Y0.81%

INDEPENDENT BANK GROUP INC / IBTX FAQ

What is the ChartMill fundamental rating of INDEPENDENT BANK GROUP INC (IBTX) stock?

ChartMill assigns a fundamental rating of 2 / 10 to IBTX.


What is the valuation status for IBTX stock?

ChartMill assigns a valuation rating of 1 / 10 to INDEPENDENT BANK GROUP INC (IBTX). This can be considered as Overvalued.


Can you provide the profitability details for INDEPENDENT BANK GROUP INC?

INDEPENDENT BANK GROUP INC (IBTX) has a profitability rating of 2 / 10.


Can you provide the PE and PB ratios for IBTX stock?

The Price/Earnings (PE) ratio for INDEPENDENT BANK GROUP INC (IBTX) is 25.82 and the Price/Book (PB) ratio is 1.29.


Can you provide the expected EPS growth for IBTX stock?

The Earnings per Share (EPS) of INDEPENDENT BANK GROUP INC (IBTX) is expected to decline by -25.82% in the next year.