NATIONAL BANK HOLD-CL A (NBHC) Stock Fundamental Analysis
NYSE:NBHC - New York Stock Exchange, Inc. - US6337071046 - Common Stock - Currency: USD
NBHC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 395 industry peers in the Banks industry. NBHC may be in some trouble as it scores bad on both profitability and health. NBHC has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
NBHC had positive earnings in the past year.
NBHC had a positive operating cash flow in the past year.
Each year in the past 5 years NBHC has been profitable.
NBHC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of NBHC (1.10%) is better than 73.42% of its industry peers.
The Return On Equity of NBHC (8.37%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 8.37% | ||
| ROIC | N/A |
ROA(3y)1.13%
ROA(5y)1.2%
ROE(3y)9.09%
ROE(5y)9.84%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 27.33%, NBHC is in the better half of the industry, outperforming 72.15% of the companies in the same industry.
NBHC's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for NBHC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.33% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-2.49%
PM growth 5Y0.93%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NBHC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NBHC has been increased compared to 1 year ago.
The number of shares outstanding for NBHC has been increased compared to 5 years ago.
NBHC has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of NBHC is 0.60, which is an excellent value as it means it would take NBHC, only 0.60 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.60, NBHC belongs to the top of the industry, outperforming 80.76% of the companies in the same industry.
A Debt/Equity ratio of 0.06 indicates that NBHC is not too dependend on debt financing.
The Debt to Equity ratio of NBHC (0.06) is better than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.6 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.64%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
NBHC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.93%.
NBHC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.78% yearly.
The Revenue has decreased by -2.66% in the past year.
NBHC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.10% yearly.
EPS 1Y (TTM)-12.93%
EPS 3Y2.5%
EPS 5Y4.78%
EPS Q2Q%-23.17%
Revenue 1Y (TTM)-2.66%
Revenue growth 3Y10.98%
Revenue growth 5Y7.1%
Sales Q2Q%-1.3%
3.2 Future
Based on estimates for the next years, NBHC will show a small growth in Earnings Per Share. The EPS will grow by 4.78% on average per year.
Based on estimates for the next years, NBHC will show a small growth in Revenue. The Revenue will grow by 5.77% on average per year.
EPS Next Y1.63%
EPS Next 2Y4.78%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.78%
Revenue Next 2Y5.77%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
NBHC is valuated correctly with a Price/Earnings ratio of 12.60.
The rest of the industry has a similar Price/Earnings ratio as NBHC.
NBHC is valuated rather cheaply when we compare the Price/Earnings ratio to 24.95, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.80, the valuation of NBHC can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as NBHC.
NBHC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.6 | ||
| Fwd PE | 10.8 |
4.2 Price Multiples
NBHC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.58 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NBHC does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)7.75
PEG (5Y)2.64
EPS Next 2Y4.78%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.23%, NBHC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.42, NBHC has a dividend in line with its industry peers.
NBHC's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
5.2 History
The dividend of NBHC is nicely growing with an annual growth rate of 8.36%!
NBHC has been paying a dividend for at least 10 years, so it has a reliable track record.
NBHC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.36%
Div Incr Years9
Div Non Decr Years12
5.3 Sustainability
39.49% of the earnings are spent on dividend by NBHC. This is a low number and sustainable payout ratio.
NBHC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.49%
EPS Next 2Y4.78%
EPS Next 3YN/A
38.19
+0.14 (+0.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners100.27%
Inst Owner Change0.03%
Ins Owners2.26%
Ins Owner Change2.72%
Market Cap1.45B
Analysts74.55
Price Target41.41 (8.43%)
Short Float %2.01%
Short Ratio2.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
Yearly Dividend1.13
Dividend Growth(5Y)8.36%
DP39.49%
Div Incr Years9
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.63%
Min EPS beat(2)-18.19%
Max EPS beat(2)10.94%
EPS beat(4)2
Avg EPS beat(4)-1.06%
Min EPS beat(4)-18.19%
Max EPS beat(4)13.02%
EPS beat(8)5
Avg EPS beat(8)0.3%
EPS beat(12)9
Avg EPS beat(12)4.35%
EPS beat(16)12
Avg EPS beat(16)4.68%
Revenue beat(2)1
Avg Revenue beat(2)-3.23%
Min Revenue beat(2)-6.88%
Max Revenue beat(2)0.42%
Revenue beat(4)2
Avg Revenue beat(4)-2.7%
Min Revenue beat(4)-6.88%
Max Revenue beat(4)1.1%
Revenue beat(8)3
Avg Revenue beat(8)-2.47%
Revenue beat(12)4
Avg Revenue beat(12)-1.48%
Revenue beat(16)6
Avg Revenue beat(16)-1.86%
PT rev (1m)-15.77%
PT rev (3m)-17.14%
EPS NQ rev (1m)1.91%
EPS NQ rev (3m)1.91%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)-1.11%
Revenue NQ rev (1m)-0.8%
Revenue NQ rev (3m)-1.13%
Revenue NY rev (1m)-1.78%
Revenue NY rev (3m)-2.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.6 | ||
| Fwd PE | 10.8 | ||
| P/S | 3.57 | ||
| P/FCF | 11.58 | ||
| P/OCF | 8.82 | ||
| P/B | 1.09 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.03
EY7.93%
EPS(NY)3.54
Fwd EY9.26%
FCF(TTM)3.3
FCFY8.64%
OCF(TTM)4.33
OCFY11.34%
SpS10.68
BVpS34.9
TBVpS25.43
PEG (NY)7.75
PEG (5Y)2.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 8.37% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.33% | ||
| GM | N/A | ||
| FCFM | 30.88% |
ROA(3y)1.13%
ROA(5y)1.2%
ROE(3y)9.09%
ROE(5y)9.84%
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-2.49%
PM growth 5Y0.93%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.6 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 160.32% | ||
| Cap/Sales | 9.65% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 113% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC16.64%
ROIC/WACCN/A
Cap/Depr(3y)124.34%
Cap/Depr(5y)N/A
Cap/Sales(3y)6.96%
Cap/Sales(5y)N/A
Profit Quality(3y)159.33%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.93%
EPS 3Y2.5%
EPS 5Y4.78%
EPS Q2Q%-23.17%
EPS Next Y1.63%
EPS Next 2Y4.78%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.66%
Revenue growth 3Y10.98%
Revenue growth 5Y7.1%
Sales Q2Q%-1.3%
Revenue Next Year4.78%
Revenue Next 2Y5.77%
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 1Y-1.75%
FCF growth 3Y-12.4%
FCF growth 5Y29.61%
OCF growth 1Y12.2%
OCF growth 3Y-4.72%
OCF growth 5Y28.57%