LCNB CORPORATION (LCNB) Stock Fundamental Analysis
USA - NASDAQ:LCNB - US50181P1003 - Common Stock
15.27 USD
-0.33 (-2.12%)
15.27 USD
0 (0%)
Overall LCNB gets a fundamental rating of 5 out of 10. We evaluated LCNB against 390 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 growing strongly while it also seems undervalued. This is an interesting combination 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.
Each year in the past 5 years LCNB had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.91%, LCNB is in line with its industry, outperforming 54.62% of the companies in the same industry.
With a Return On Equity value of 7.99%, LCNB perfoms like the industry average, outperforming 45.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 7.99% | ||
| 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
The Profit Margin of LCNB (23.82%) is comparable to the rest of the industry.
LCNB's Profit Margin has declined in the last couple of years.
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) | 23.82% | ||
| 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.
LCNB has more shares outstanding than it did 1 year ago.
The number of shares outstanding for LCNB has been increased compared to 5 years ago.
The debt/assets ratio for LCNB has been reduced compared to a year ago.
2.2 Solvency
LCNB has a debt to FCF ratio of 0.18. This is a very positive value and a sign of high solvency as it would only need 0.18 years to pay back of all of its debts.
The Debt to FCF ratio of LCNB (0.18) is better than 86.41% 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 82.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.18 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.28%
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 119.12%, which is quite impressive.
The Earnings Per Share has been decreasing by -7.73% on average over the past years.
The Revenue has grown by 20.20% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 3.99% on average over the past years.
EPS 1Y (TTM)119.12%
EPS 3Y-16.4%
EPS 5Y-7.73%
EPS Q2Q%485.71%
Revenue 1Y (TTM)20.2%
Revenue growth 3Y3.45%
Revenue growth 5Y3.99%
Sales Q2Q%48.88%
3.2 Future
LCNB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.32% yearly.
The Revenue is expected to grow by 26.99% on average over the next years. This is a very strong growth
EPS Next Y67.72%
EPS Next 2Y32.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year52.39%
Revenue Next 2Y26.99%
Revenue Next 3YN/A
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
LCNB is valuated reasonably with a Price/Earnings ratio of 10.25.
LCNB's Price/Earnings ratio is a bit cheaper when compared to the industry. LCNB is cheaper than 69.23% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.89, LCNB is valued rather cheaply.
LCNB is valuated reasonably with a Price/Forward Earnings ratio of 8.99.
Based on the Price/Forward Earnings ratio, LCNB is valued a bit cheaper than the industry average as 64.36% of the companies are valued more expensively.
LCNB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.25 | ||
| Fwd PE | 8.99 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, LCNB is valued cheaper than 94.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.81 | ||
| 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.
LCNB's earnings are expected to grow with 32.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y32.32%
EPS Next 3YN/A
5. Dividend
5.1 Amount
LCNB has a Yearly Dividend Yield of 5.85%, which is a nice return.
Compared to an average industry Dividend Yield of 3.53, LCNB pays a better dividend. On top of this LCNB pays more dividend than 90.51% 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 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
5.2 History
The dividend of LCNB is nicely growing with an annual growth rate of 6.26%!
LCNB has paid a dividend for at least 10 years, which is 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
59.11% of the earnings are spent on dividend by LCNB. This is a bit on the high side, but may be sustainable.
The dividend of LCNB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP59.11%
EPS Next 2Y32.32%
EPS Next 3YN/A
15.27
-0.33 (-2.12%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners38.45%
Inst Owner Change-0.09%
Ins Owners6.02%
Ins Owner Change0.16%
Market Cap216.53M
Revenue(TTM)88.39M
Net Income(TTM)21.06M
Analysts45.71
Price Target17.09 (11.92%)
Short Float %0.66%
Short Ratio4.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
Yearly Dividend0.9
Dividend Growth(5Y)6.26%
DP59.11%
Div Incr Years7
Div Non Decr Years24
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.84%
Min EPS beat(2)-8.86%
Max EPS beat(2)7.19%
EPS beat(4)3
Avg EPS beat(4)11.42%
Min EPS beat(4)-8.86%
Max EPS beat(4)34.8%
EPS beat(8)3
Avg EPS beat(8)-20.02%
EPS beat(12)6
Avg EPS beat(12)-12.52%
EPS beat(16)9
Avg EPS beat(16)-7.58%
Revenue beat(2)2
Avg Revenue beat(2)33.75%
Min Revenue beat(2)32.89%
Max Revenue beat(2)34.61%
Revenue beat(4)3
Avg Revenue beat(4)26.47%
Min Revenue beat(4)-4.7%
Max Revenue beat(4)43.08%
Revenue beat(8)3
Avg Revenue beat(8)8.5%
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)8.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.25%
EPS NY rev (1m)0%
EPS NY rev (3m)4.59%
Revenue NQ rev (1m)16.29%
Revenue NQ rev (3m)36.47%
Revenue NY rev (1m)16.02%
Revenue NY rev (3m)35.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.25 | ||
| Fwd PE | 8.99 | ||
| P/S | 2.45 | ||
| P/FCF | 3.81 | ||
| P/OCF | 3.68 | ||
| P/B | 0.82 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.49
EY9.76%
EPS(NY)1.7
Fwd EY11.12%
FCF(TTM)4.01
FCFY26.24%
OCF(TTM)4.15
OCFY27.21%
SpS6.23
BVpS18.58
TBVpS11.5
PEG (NY)0.15
PEG (5Y)N/A
Graham Number24.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 7.99% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 23.82% | ||
| GM | N/A | ||
| FCFM | 64.28% |
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 | 0.18 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 348.18% | ||
| Cap/Sales | 2.38% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 269.81% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC14.28%
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)119.12%
EPS 3Y-16.4%
EPS 5Y-7.73%
EPS Q2Q%485.71%
EPS Next Y67.72%
EPS Next 2Y32.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)20.2%
Revenue growth 3Y3.45%
Revenue growth 5Y3.99%
Sales Q2Q%48.88%
Revenue Next Year52.39%
Revenue Next 2Y26.99%
Revenue Next 3YN/A
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 1Y195.74%
FCF growth 3Y77.92%
FCF growth 5Y37.74%
OCF growth 1Y181.62%
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 10.25 and the Price/Book (PB) ratio is 0.82.
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 59.11%.