16.8 USD
-0.28 (-1.64%)
16.8 USD
0 (0%)
Taking everything into account, LCNB scores 5 out of 10 in our fundamental rating. LCNB was compared to 383 industry peers in the Banks industry. LCNB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. LCNB is valued quite cheap, while showing a decent growth score. This is a good combination! Finally LCNB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year LCNB was profitable.
- In the past year LCNB had a positive cash flow from operations.
- LCNB had positive earnings in each of the past 5 years.
- LCNB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- LCNB has a better Return On Assets (1.05%) than 64.49% of its industry peers.
- LCNB has a Return On Equity (8.69%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.05% | ||
| ROE | 8.69% | ||
| ROIC | N/A |
ROA(3y)0.76%
ROA(5y)0.9%
ROE(3y)7.21%
ROE(5y)7.74%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- LCNB's Profit Margin of 25.81% is fine compared to the rest of the industry. LCNB outperforms 60.31% of its industry peers.
- In the last couple of years the Profit Margin of LCNB has declined.
- LCNB 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) | 25.81% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-17.48%
PM growth 5Y-10.76%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- LCNB does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for LCNB has been increased compared to 1 year ago.
- LCNB has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, LCNB has an improved debt to assets ratio.
2.2 Solvency
- The Debt to FCF ratio of LCNB is 0.16, which is an excellent value as it means it would take LCNB, only 0.16 years of fcf income to pay off all of its debts.
- LCNB has a better Debt to FCF ratio (0.16) than 87.47% of its industry peers.
- LCNB has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
- LCNB's Debt to Equity ratio of 0.04 is amongst the best of the industry. LCNB outperforms 83.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.03%
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 impressive 169.35% over the past year.
- Measured over the past years, LCNB shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.73% on average per year.
- LCNB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.82%.
- LCNB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.99% yearly.
EPS 1Y (TTM)169.35%
EPS 3Y-16.4%
EPS 5Y-7.73%
EPS Q2Q%58.06%
Revenue 1Y (TTM)16.82%
Revenue growth 3Y3.45%
Revenue growth 5Y3.99%
Sales Q2Q%58.5%
3.2 Future
- The Earnings Per Share is expected to grow by 22.78% on average over the next years. This is a very strong growth
- Based on estimates for the next years, LCNB will show a quite strong growth in Revenue. The Revenue will grow by 18.64% on average per year.
EPS Next Y77.71%
EPS Next 2Y34.09%
EPS Next 3Y22.78%
EPS Next 5YN/A
Revenue Next Year53.73%
Revenue Next 2Y26.66%
Revenue Next 3Y18.64%
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
- The Price/Earnings ratio is 10.06, which indicates a very decent valuation of LCNB.
- Based on the Price/Earnings ratio, LCNB is valued a bit cheaper than the industry average as 79.90% of the companies are valued more expensively.
- LCNB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.25.
- Based on the Price/Forward Earnings ratio of 9.63, the valuation of LCNB can be described as reasonable.
- 63.71% of the companies in the same industry are more expensive than LCNB, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. LCNB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 9.63 |
4.2 Price Multiples
- 94.78% of the companies in the same industry are more expensive than LCNB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.91 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The 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 LCNB's earnings are expected to grow with 22.78% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y34.09%
EPS Next 3Y22.78%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.01%, LCNB is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.64, LCNB pays a better dividend. On top of this LCNB pays more dividend than 91.91% of the companies listed in the same industry.
- LCNB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.01% |
5.2 History
- On average, the dividend of LCNB grows each year by 6.10%, which is quite nice.
- LCNB has been paying a dividend for at least 10 years, so it has a reliable track record.
- LCNB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.1%
Div Incr Years7
Div Non Decr Years24
5.3 Sustainability
- LCNB pays out 52.41% of its income as dividend. This is a bit on the high side, but may be sustainable.
- LCNB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.41%
EPS Next 2Y34.09%
EPS Next 3Y22.78%
LCNB CORPORATION / LCNB FAQ
What is the fundamental rating for LCNB stock?
ChartMill assigns a fundamental rating of 5 / 10 to LCNB.
Can you provide the valuation status for LCNB CORPORATION?
ChartMill assigns a valuation rating of 7 / 10 to LCNB CORPORATION (LCNB). This can be considered as Undervalued.
What is the profitability of LCNB stock?
LCNB CORPORATION (LCNB) has a profitability rating of 3 / 10.
What is the valuation of LCNB CORPORATION based on its PE and PB ratios?
The Price/Earnings (PE) ratio for LCNB CORPORATION (LCNB) is 10.06 and the Price/Book (PB) ratio is 0.88.
Is the dividend of LCNB CORPORATION sustainable?
The dividend rating of LCNB CORPORATION (LCNB) is 9 / 10 and the dividend payout ratio is 52.41%.