NATIONAL BANK HOLD-CL A (NBHC)
US6337071046 - Common Stock
We assign a fundamental rating of 4 out of 10 to NBHC. NBHC was compared to 411 industry peers in the Banks industry. Both the profitability and the financial health of NBHC get a neutral evaluation. Nothing too spectacular is happening here. NBHC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year NBHC was profitable.
In the past year NBHC had a positive cash flow from operations.
Each year in the past 5 years NBHC has been profitable.
Of the past 5 years NBHC 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NBHC (1.43%) is better than 86.86% of its industry peers.
NBHC has a better Return On Equity (11.71%) than 77.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 11.71% | ||
| ROIC | N/A |
ROA(3y)1.16%
ROA(5y)1.23%
ROE(3y)9.78%
ROE(5y)10.12%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of NBHC (33.34%) is better than 86.62% of its industry peers.
In the last couple of years the Profit Margin of NBHC has grown nicely.
NBHC 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) | 33.34% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y7.89%
PM growth 5Y7.82%
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.
Compared to 1 year ago, NBHC has more shares outstanding
The number of shares outstanding for NBHC has been increased compared to 5 years ago.
NBHC has a better debt/assets ratio than last year.
2.2 Solvency
NBHC has a debt to FCF ratio of 0.57. This is a very positive value and a sign of high solvency as it would only need 0.57 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.57, NBHC belongs to the top of the industry, outperforming 81.27% of the companies in the same industry.
NBHC has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
NBHC's Debt to Equity ratio of 0.06 is amongst the best of the industry. NBHC outperforms 80.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.66%
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 24.83% over the past year.
The Earnings Per Share has been growing by 11.38% on average over the past years. This is quite good.
Looking at the last year, NBHC shows a very strong growth in Revenue. The Revenue has grown by 27.42%.
Measured over the past years, NBHC shows a quite strong growth in Revenue. The Revenue has been growing by 9.69% on average per year.
EPS 1Y (TTM)24.83%
EPS 3Y8.53%
EPS 5Y11.38%
EPS growth Q2Q-4.4%
Revenue 1Y (TTM)27.42%
Revenue growth 3Y8.52%
Revenue growth 5Y9.69%
Revenue growth Q2Q-3.33%
3.2 Future
NBHC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.92% yearly.
NBHC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.01% yearly.
EPS Next Y-10.9%
EPS Next 2Y-1.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.22%
Revenue Next 2Y3.01%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.35, the valuation of NBHC can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of NBHC is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 25.20. NBHC is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 10.50, the valuation of NBHC can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as NBHC.
NBHC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.60.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.35 | ||
| Fwd PE | 10.5 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NBHC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.11 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.82
EPS Next 2Y-1.92%
EPS Next 3YN/A
5. Dividend
5.1 Amount
NBHC has a Yearly Dividend Yield of 3.29%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.92, NBHC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, NBHC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
5.2 History
The dividend of NBHC is nicely growing with an annual growth rate of 12.82%!
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)12.82%
Div Incr Years8
Div Non Decr Years11
5.3 Sustainability
27.92% of the earnings are spent on dividend by NBHC. This is a low number and sustainable payout ratio.
DP27.92%
EPS Next 2Y-1.92%
EPS Next 3YN/A
NATIONAL BANK HOLD-CL A
NYSE:NBHC (4/23/2024, 7:15:06 PM)
After market: 34.8 0 (0%)34.8
+0.83 (+2.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.32B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
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)
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Min EPS beat(4)
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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)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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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 | 9.35 | ||
| Fwd PE | 10.5 | ||
| 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)0.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 11.71% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 33.34% | ||
| 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 | 0.06 | ||
| 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)24.83%
EPS 3Y8.53%
EPS 5Y
EPS growth Q2Q
EPS Next Y-10.9%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)27.42%
Revenue growth 3Y8.52%
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