15.92 USD
+0.2 (+1.27%)
15.92 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to LCNB. LCNB was compared to 387 industry peers in the Banks industry. While LCNB seems to be doing ok healthwise, there are quite some concerns on its profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on LCNB. LCNB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
LCNB had positive earnings in the past year.
LCNB had a positive operating cash flow in the past year.
Each year in the past 5 years LCNB has been profitable.
In the past 5 years LCNB always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.04%, LCNB is in the better half of the industry, outperforming 64.86% of the companies in the same industry.
With a Return On Equity value of 8.69%, LCNB perfoms like the industry average, outperforming 49.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.04% | ||
| ROE | 8.69% | ||
| ROIC | N/A |
ROA(3y)0.76%
ROA(5y)0.9%
ROE(3y)7.2%
ROE(5y)7.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 25.81%, LCNB is doing good in the industry, outperforming 60.72% of the companies in the same industry.
LCNB's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for LCNB so they could not be analyzed.
| 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-16.62%
PM growth 5Y-10.2%
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.
Compared to 1 year ago, LCNB has more shares outstanding
Compared to 5 years ago, LCNB has more shares outstanding
LCNB has a better debt/assets ratio than last year.
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.
The Debt to FCF ratio of LCNB (0.16) is better than 87.34% of its industry peers.
A Debt/Equity ratio of 0.04 indicates that LCNB is not too dependend on debt financing.
The Debt to Equity ratio of LCNB (0.04) is better than 82.95% 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
LCNB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 169.35%, which is quite impressive.
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.
The Revenue has grown by 16.82% in the past year. This is quite good.
Measured over the past years, LCNB shows a small growth in Revenue. The Revenue has been growing by 3.99% on average per year.
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
Based on estimates for the next years, LCNB will show a very strong growth in Earnings Per Share. The EPS will grow by 22.78% on average per year.
LCNB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.46% yearly.
EPS Next Y72.98%
EPS Next 2Y33.31%
EPS Next 3Y22.78%
EPS Next 5YN/A
Revenue Next Year52.39%
Revenue Next 2Y26.99%
Revenue Next 3Y8.46%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.53 indicates a reasonable valuation of LCNB.
Compared to the rest of the industry, the Price/Earnings ratio of LCNB indicates a rather cheap valuation: LCNB is cheaper than 82.69% of the companies listed in the same industry.
LCNB is valuated cheaply when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.24, the valuation of LCNB can be described as reasonable.
Based on the Price/Forward Earnings ratio, LCNB is valued a bit cheaper than 65.63% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of LCNB to the average of the S&P500 Index (35.79), we can say LCNB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.53 | ||
| Fwd PE | 9.24 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, LCNB is valued cheaper than 94.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
LCNB'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 LCNB's earnings are expected to grow with 22.78% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y33.31%
EPS Next 3Y22.78%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.75%, LCNB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.33, LCNB pays a better dividend. On top of this LCNB pays more dividend than 92.25% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, LCNB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
5.2 History
On average, the dividend of LCNB grows each year by 6.26%, 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)6.26%
Div Incr Years7
Div Non Decr Years24
5.3 Sustainability
53.33% of the earnings are spent on dividend by LCNB. 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.
DP53.33%
EPS Next 2Y33.31%
EPS Next 3Y22.78%
15.92
+0.2 (+1.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners38.45%
Inst Owner Change1.79%
Ins Owners6.02%
Ins Owner Change0.09%
Market Cap225.75M
Revenue(TTM)90.84M
Net Income(TTM)23.45M
Analysts45.71
Price Target17.09 (7.35%)
Short Float %0.6%
Short Ratio3.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
Yearly Dividend0.9
Dividend Growth(5Y)6.26%
DP53.33%
Div Incr Years7
Div Non Decr Years24
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.11%
Min EPS beat(2)7.19%
Max EPS beat(2)13.03%
EPS beat(4)3
Avg EPS beat(4)11.54%
Min EPS beat(4)-8.86%
Max EPS beat(4)34.8%
EPS beat(8)4
Avg EPS beat(8)-17.22%
EPS beat(12)6
Avg EPS beat(12)-12.41%
EPS beat(16)10
Avg EPS beat(16)-6.07%
Revenue beat(2)2
Avg Revenue beat(2)17.44%
Min Revenue beat(2)0.27%
Max Revenue beat(2)34.61%
Revenue beat(4)4
Avg Revenue beat(4)27.71%
Min Revenue beat(4)0.27%
Max Revenue beat(4)43.08%
Revenue beat(8)4
Avg Revenue beat(8)9.15%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)5.88%
EPS NQ rev (3m)5.88%
EPS NY rev (1m)3.13%
EPS NY rev (3m)3.13%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)16.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)16.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.53 | ||
| Fwd PE | 9.24 | ||
| P/S | 2.49 | ||
| P/FCF | 3.71 | ||
| P/OCF | 3.65 | ||
| P/B | 0.84 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.67
EY10.49%
EPS(NY)1.72
Fwd EY10.83%
FCF(TTM)4.29
FCFY26.93%
OCF(TTM)4.36
OCFY27.37%
SpS6.41
BVpS19.03
TBVpS11.98
PEG (NY)0.13
PEG (5Y)N/A
Graham Number26.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.04% | ||
| ROE | 8.69% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.81% | ||
| GM | N/A | ||
| FCFM | 66.92% |
ROA(3y)0.76%
ROA(5y)0.9%
ROE(3y)7.2%
ROE(5y)7.73%
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-16.62%
PM growth 5Y-10.2%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.16 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 266.58% | ||
| Cap/Sales | 1.09% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 259.24% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC14.03%
ROIC/WACCN/A
Cap/Depr(3y)249.37%
Cap/Depr(5y)189.51%
Cap/Sales(3y)3.16%
Cap/Sales(5y)3.2%
Profit Quality(3y)314.37%
Profit Quality(5y)214.69%
High Growth Momentum
Growth
EPS 1Y (TTM)169.35%
EPS 3Y-16.4%
EPS 5Y-7.73%
EPS Q2Q%58.06%
EPS Next Y72.98%
EPS Next 2Y33.31%
EPS Next 3Y22.78%
EPS Next 5YN/A
Revenue 1Y (TTM)16.82%
Revenue growth 3Y3.45%
Revenue growth 5Y3.99%
Sales Q2Q%58.5%
Revenue Next Year52.39%
Revenue Next 2Y26.99%
Revenue Next 3Y8.46%
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 1Y255.49%
FCF growth 3Y77.92%
FCF growth 5Y37.74%
OCF growth 1Y222.6%
OCF growth 3Y73.6%
OCF growth 5Y33.52%
LCNB CORPORATION / LCNB FAQ
What is the fundamental rating for LCNB stock?
ChartMill assigns a fundamental rating of 5 / 10 to LCNB.
What is the valuation status of LCNB CORPORATION (LCNB) stock?
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.
Can you provide the PE and PB ratios for LCNB stock?
The Price/Earnings (PE) ratio for LCNB CORPORATION (LCNB) is 9.53 and the Price/Book (PB) ratio is 0.84.
How sustainable is the dividend of LCNB CORPORATION (LCNB) stock?
The dividend rating of LCNB CORPORATION (LCNB) is 9 / 10 and the dividend payout ratio is 53.33%.