NB BANCORP INC (NBBK) Stock Fundamental Analysis
NASDAQ:NBBK - Nasdaq - US63945M1071 - Common Stock - Currency: USD
Taking everything into account, NBBK scores 4 out of 10 in our fundamental rating. NBBK was compared to 397 industry peers in the Banks industry. While NBBK is still in line with the averages on profitability rating, there are concerns on its financial health. NBBK is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year NBBK was profitable.
In the past year NBBK had a positive cash flow from operations.
1.2 Ratios
The Return On Assets of NBBK (0.82%) is comparable to the rest of the industry.
The Return On Equity of NBBK (5.51%) is worse than 72.11% of its industry peers.
The Return On Invested Capital of NBBK (2.95%) is better than 99.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NBBK is in line with the industry average of 2.57%.
The last Return On Invested Capital (2.95%) for NBBK is above the 3 year average (1.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 5.51% | ||
| ROIC | 2.95% |
ROA(3y)0.62%
ROA(5y)N/A
ROE(3y)5.18%
ROE(5y)N/A
ROIC(3y)1.99%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 14.42%, NBBK is not doing good in the industry: 77.14% of the companies in the same industry are doing better.
NBBK's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 65.95%, NBBK belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
NBBK's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 65.95% | ||
| PM (TTM) | 14.42% | ||
| GM | N/A |
OM growth 3Y14.26%
OM growth 5YN/A
PM growth 3Y-14.62%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NBBK is destroying value.
Compared to 1 year ago, NBBK has about the same amount of shares outstanding.
Compared to 1 year ago, NBBK has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.58, we must say that NBBK is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.58, NBBK belongs to the top of the industry, outperforming 99.50% of the companies in the same industry.
NBBK has a debt to FCF ratio of 104.21. This is a negative value and a sign of low solvency as NBBK would need 104.21 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 104.21, NBBK is doing worse than 88.44% of the companies in the same industry.
A Debt/Equity ratio of 5.62 is on the high side and indicates that NBBK has dependencies on debt financing.
NBBK has a worse Debt to Equity ratio (5.62) than 97.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.62 | ||
| Debt/FCF | 104.21 | ||
| Altman-Z | -0.58 |
ROIC/WACC0.65
WACC4.52%
2.3 Liquidity
NBBK has a Current Ratio of 0.05. This is a bad value and indicates that NBBK is not financially healthy enough and could expect problems in meeting its short term obligations.
NBBK's Current ratio of 0.05 is amongst the best of the industry. NBBK outperforms 99.50% of its industry peers.
A Quick Ratio of 0.05 indicates that NBBK may have some problems paying its short term obligations.
NBBK has a Quick ratio of 0.05. This is amongst the best in the industry. NBBK outperforms 99.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
NBBK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 296.96%, which is quite impressive.
The Earnings Per Share has been growing by 26.69% on average over the past years. This is a very strong growth
NBBK shows a strong growth in Revenue. In the last year, the Revenue has grown by 31.28%.
NBBK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 46.42% yearly.
EPS 1Y (TTM)296.96%
EPS 3Y26.69%
EPS 5YN/A
EPS Q2Q%231.55%
Revenue 1Y (TTM)31.28%
Revenue growth 3Y46.42%
Revenue growth 5YN/A
Sales Q2Q%21.5%
3.2 Future
The Earnings Per Share is expected to grow by 27.30% on average over the next years. This is a very strong growth
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y32.5%
EPS Next 2Y27.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
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 stable.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.32, which indicates a correct valuation of NBBK.
73.12% of the companies in the same industry are cheaper than NBBK, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of NBBK to the average of the S&P500 Index (28.18), we can say NBBK is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 12.31, the valuation of NBBK can be described as correct.
67.34% of the companies in the same industry are cheaper than NBBK, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NBBK to the average of the S&P500 Index (20.81), we can say NBBK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.32 | ||
| Fwd PE | 12.31 |
4.2 Price Multiples
NBBK's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NBBK is cheaper than 100.00% of the companies in the same industry.
68.59% of the companies in the same industry are cheaper than NBBK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.17 | ||
| EV/EBITDA | 2.65 |
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.
NBBK's earnings are expected to grow with 27.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y27.3%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for NBBK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
17.46
+0.33 (+1.93%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners43.02%
Inst Owner Change-1.4%
Ins Owners1.62%
Ins Owner Change85.01%
Market Cap708.35M
Analysts82.86
Price Target19.38 (11%)
Short Float %2.81%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.87%
Min EPS beat(2)-20.81%
Max EPS beat(2)22.55%
EPS beat(4)2
Avg EPS beat(4)6.66%
Min EPS beat(4)-20.81%
Max EPS beat(4)26.87%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)-13.64%
PT rev (3m)-13.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.32 | ||
| Fwd PE | 12.31 | ||
| P/S | 2.42 | ||
| P/FCF | 17.17 | ||
| P/OCF | 16.4 | ||
| P/B | 0.93 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 2.65 |
EPS(TTM)1.07
EY6.13%
EPS(NY)1.42
Fwd EY8.12%
FCF(TTM)1.02
FCFY5.82%
OCF(TTM)1.06
OCFY6.1%
SpS7.21
BVpS18.86
TBVpS18.86
PEG (NY)0.5
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 5.51% | ||
| ROCE | 24.39% | ||
| ROIC | 2.95% | ||
| ROICexc | 3.07% | ||
| ROICexgc | 3.17% | ||
| OM | 65.95% | ||
| PM (TTM) | 14.42% | ||
| GM | N/A | ||
| FCFM | 14.11% |
ROA(3y)0.62%
ROA(5y)N/A
ROE(3y)5.18%
ROE(5y)N/A
ROIC(3y)1.99%
ROIC(5y)N/A
ROICexc(3y)2.06%
ROICexc(5y)N/A
ROICexgc(3y)2.12%
ROICexgc(5y)N/A
ROCE(3y)15.54%
ROCE(5y)N/A
ROICexcg growth 3Y33.38%
ROICexcg growth 5YN/A
ROICexc growth 3Y32.95%
ROICexc growth 5YN/A
OM growth 3Y14.26%
OM growth 5YN/A
PM growth 3Y-14.62%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.62 | ||
| Debt/FCF | 104.21 | ||
| Debt/EBITDA | 21.98 | ||
| Cap/Depr | 68.85% | ||
| Cap/Sales | 0.66% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 22.08% | ||
| Profit Quality | 97.87% | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | -0.58 |
F-Score7
WACC4.52%
ROIC/WACC0.65
Cap/Depr(3y)178.49%
Cap/Depr(5y)N/A
Cap/Sales(3y)2.96%
Cap/Sales(5y)N/A
Profit Quality(3y)236.98%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)296.96%
EPS 3Y26.69%
EPS 5YN/A
EPS Q2Q%231.55%
EPS Next Y32.5%
EPS Next 2Y27.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)31.28%
Revenue growth 3Y46.42%
Revenue growth 5YN/A
Sales Q2Q%21.5%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y80.18%
EBIT growth 3Y67.31%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-17.56%
FCF growth 3Y-0.63%
FCF growth 5YN/A
OCF growth 1Y-18.36%
OCF growth 3Y-0.5%
OCF growth 5YN/A