LCNB CORPORATION (LCNB) Stock Fundamental Analysis
NASDAQ:LCNB - US50181P1003 - Common Stock
16.04 USD
+0.02 (+0.12%)
16.04 USD
0 (0%)
LCNB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 393 industry peers in the Banks industry. The financial health of LCNB is average, but there are quite some concerns on its profitability. LCNB is evaluated to be cheap and growing strongly. This does not happen too often! Finally LCNB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
LCNB had positive earnings in the past year.
In the past year LCNB had a positive cash flow from operations.
In the past 5 years LCNB has always been profitable.
LCNB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.91%, LCNB is in line with its industry, outperforming 55.47% of the companies in the same industry.
LCNB's Return On Equity of 7.99% is in line compared to the rest of the industry. LCNB outperforms 47.33% of its industry peers.
| 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
With a Profit Margin value of 23.82%, LCNB perfoms like the industry average, outperforming 50.89% of the companies in the same 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
The Debt to FCF ratio of LCNB is 0.18, which is an excellent value as it means it would take LCNB, only 0.18 years of fcf income to pay off all of its debts.
LCNB has a better Debt to FCF ratio (0.18) than 87.79% of its industry peers.
A Debt/Equity ratio of 0.04 indicates that LCNB is not too dependend on debt financing.
LCNB has a better Debt to Equity ratio (0.04) than 82.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.18 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.26%
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 119.12% over the past year.
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.
LCNB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.96% yearly.
EPS Next Y67.72%
EPS Next 2Y32.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year31.35%
Revenue Next 2Y17.96%
Revenue Next 3YN/A
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
With a Price/Earnings ratio of 10.77, the valuation of LCNB can be described as very reasonable.
76.84% of the companies in the same industry are more expensive than LCNB, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.14. LCNB is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.44, which indicates a very decent valuation of LCNB.
67.43% of the companies in the same industry are more expensive than LCNB, based on the Price/Forward Earnings ratio.
LCNB is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.80, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.44 |
4.2 Price Multiples
LCNB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LCNB is cheaper than 94.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4 | ||
| 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.
LCNB's earnings are expected to grow with 32.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y32.32%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.79%, LCNB is a good candidate for dividend investing.
LCNB's Dividend Yield is rather good when compared to the industry average which is at 3.30. LCNB pays more dividend than 92.62% of the companies in the same industry.
LCNB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
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
LCNB pays out 59.11% of its income as dividend. 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
16.04
+0.02 (+0.12%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners37.91%
Inst Owner Change0.27%
Ins Owners6.02%
Ins Owner Change0.28%
Market Cap227.45M
Analysts45.71
Price Target17.09 (6.55%)
Short Float %0.66%
Short Ratio4.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
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)8.06%
PT rev (3m)8.06%
EPS NQ rev (1m)6.25%
EPS NQ rev (3m)1.19%
EPS NY rev (1m)4.59%
EPS NY rev (3m)4.59%
Revenue NQ rev (1m)17.35%
Revenue NQ rev (3m)16.33%
Revenue NY rev (1m)17.03%
Revenue NY rev (3m)17.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.77 | ||
| Fwd PE | 9.44 | ||
| P/S | 2.57 | ||
| P/FCF | 4 | ||
| P/OCF | 3.86 | ||
| P/B | 0.86 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.49
EY9.29%
EPS(NY)1.7
Fwd EY10.59%
FCF(TTM)4.01
FCFY24.98%
OCF(TTM)4.15
OCFY25.9%
SpS6.23
BVpS18.58
TBVpS11.5
PEG (NY)0.16
PEG (5Y)N/A
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
ROICexcg growth 3YN/A
ROICexcg 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
WACC14.26%
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 Year31.35%
Revenue Next 2Y17.96%
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%