60.67 USD
+0.28 (+0.46%)
60.63 USD
-0.04 (-0.07%)
We assign a fundamental rating of 2 out of 10 to IBTX. IBTX was compared to 383 industry peers in the Banks industry. Both the profitability and financial health of IBTX have multiple concerns. IBTX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- IBTX had positive earnings in the past year.
- In the past year IBTX had a positive cash flow from operations.
- Each year in the past 5 years IBTX has been profitable.
- In the past 5 years IBTX always reported a positive cash flow from operatings.
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 has a Return On Equity of -20.96%. This is amonst the worse of the industry: IBTX underperforms 98.99% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
- In the last couple of years the Profit Margin of IBTX has declined.
- The Profit Margin and Operating Margin and Gross Margin are not available for IBTX so they could not be analyzed.
| Industry Rank | Sector 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
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.
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.
- IBTX has a Debt to FCF ratio of 12.15. This is in the lower half of the industry: IBTX underperforms 75.06% of its industry peers.
- A Debt/Equity ratio of 0.26 indicates that IBTX is not too dependend on debt financing.
- The Debt to Equity ratio of IBTX (0.26) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 12.15 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.25%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- IBTX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -39.43%.
- 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.
- IBTX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.63% yearly.
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
- IBTX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.84% yearly.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- IBTX is valuated quite expensively with a Price/Earnings ratio of 25.82.
- 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 27.38. IBTX is around the same levels.
- With a Price/Forward Earnings ratio of 14.87, IBTX is valued correctly.
- Based on the Price/Forward Earnings ratio, IBTX is valued a bit more expensive than 70.53% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, IBTX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.82 | ||
| Fwd PE | 14.87 |
4.2 Price Multiples
- 80.10% of the companies in the same industry are cheaper than IBTX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.94 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A more expensive valuation may be justified as IBTX's earnings are expected to grow with 14.84% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.19%
EPS Next 3Y14.84%
5. Dividend
5.1 Amount
- IBTX has a Yearly Dividend Yield of 2.51%.
- Compared to an average industry Dividend Yield of 2.86, IBTX is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.84, IBTX pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.51% |
5.2 History
- The dividend of IBTX is nicely growing with an annual growth rate of 23.11%!
- IBTX has paid a dividend for at least 10 years, which is a reliable track record.
- IBTX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)23.11%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
- IBTX has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- 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%
60.67
+0.28 (+0.46%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)10-21 2024-10-21/amc
Earnings (Next)01-20 2025-01-20/amc
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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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.