LIMESTONE BANCORP INC (LMST)
US53262L1052 - Common Stock
Taking everything into account, LMST scores 4 out of 10 in our fundamental rating. LMST was compared to 412 industry peers in the Banks industry. There are concerns on the financial health of LMST while its profitability can be described as average. LMST is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LMST was profitable.
In the past year LMST had a positive cash flow from operations.
LMST had positive earnings in each of the past 5 years.
In the past 5 years LMST always reported a positive cash flow from operatings.
1.2 Ratios
LMST has a Return On Assets of 1.23%. This is in the better half of the industry: LMST outperforms 71.40% of its industry peers.
LMST has a better Return On Equity (13.48%) than 68.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 13.48% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 31.13%, LMST is in the better half of the industry, outperforming 65.35% of the companies in the same industry.
In the last couple of years the Profit Margin of LMST has declined.
LMST 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) | 31.13% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y7.26%
PM growth 5Y-21.23%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
LMST does not have a ROIC to compare to the WACC, probably because it is not profitable.
LMST has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, LMST has more shares outstanding
LMST has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of LMST is 1.88, which is an excellent value as it means it would take LMST, only 1.88 years of fcf income to pay off all of its debts.
LMST's Debt to FCF ratio of 1.88 is in line compared to the rest of the industry. LMST outperforms 60.00% of its industry peers.
LMST has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of LMST (0.34) is worse than 73.95% of its industry peers.
Even though the debt/equity ratio score it not favorable for LMST, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.88 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.55%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
LMST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.45%, which is quite impressive.
The earnings per share for LMST have been decreasing by -17.41% on average. This is quite bad
Looking at the last year, LMST shows a quite strong growth in Revenue. The Revenue has grown by 10.05% in the last year.
LMST shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.68% yearly.
EPS 1Y (TTM)22.45%
EPS 3Y18.8%
EPS 5Y-17.41%
EPS growth Q2Q42.22%
Revenue 1Y (TTM)10.05%
Revenue growth 3Y11.98%
Revenue growth 5Y9.68%
Revenue growth Q2Q19.53%
3.2 Future
Based on estimates for the next years, LMST will show a decrease in Earnings Per Share. The EPS will decrease by -1.78% on average per year.
The Revenue is expected to grow by 4.22% on average over the next years.
EPS Next Y-1.4%
EPS Next 2Y-1.78%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.9%
Revenue Next 2Y4.22%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.76, the valuation of LMST can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of LMST indicates a slightly more expensive valuation: LMST is more expensive than 73.72% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.31. LMST is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.90 indicates a reasonable valuation of LMST.
Based on the Price/Forward Earnings ratio, LMST is valued a bit more expensive than the industry average as 66.05% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.48, LMST is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.76 | ||
| Fwd PE | 9.9 |
4.2 Price Multiples
LMST's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.32 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.78%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.85%, LMST is not a good candidate for dividend investing.
With a Dividend Yield of 0.85, LMST pays less dividend than the industry average, which is at 3.76. 84.19% of the companies listed in the same industry pay a better dividend than LMST!
Compared to an average S&P500 Dividend Yield of 2.39, LMST's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
5.2 History
The dividend of LMST decreases each year by -47.10%.
LMST is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)-47.1%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
LMST pays out 8.46% of its income as dividend. This is a sustainable payout ratio.
The Dividend Rate of LMST has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP8.46%
EPS Next 2Y-1.78%
EPS Next 3YN/A
LIMESTONE BANCORP INC
NASDAQ:LMST (4/28/2023, 7:00:00 PM)
23.42
-0.33 (-1.39%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap178.68M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.76 | ||
| Fwd PE | 9.9 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 13.48% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 31.13% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)22.45%
EPS 3Y18.8%
EPS 5Y
EPS growth Q2Q
EPS Next Y-1.4%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.05%
Revenue growth 3Y11.98%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y