N B T BANCORP INC (NBTB) Stock Fundamental Analysis
USA - NASDAQ:NBTB - US6287781024 - Common Stock
39.77 USD
+0.12 (+0.3%)
39.77 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to NBTB. NBTB was compared to 388 industry peers in the Banks industry. Both the profitability and financial health of NBTB have multiple concerns. NBTB has a correct valuation and a medium growth rate. NBTB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NBTB was profitable.
NBTB had a positive operating cash flow in the past year.
In the past 5 years NBTB has always been profitable.
NBTB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NBTB's Return On Assets of 0.83% is in line compared to the rest of the industry. NBTB outperforms 46.91% of its industry peers.
The Return On Equity of NBTB (7.39%) is worse than 61.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 7.39% | ||
| ROIC | N/A |
ROA(3y)1.07%
ROA(5y)1.09%
ROE(3y)10.16%
ROE(5y)10.33%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NBTB has a Profit Margin of 21.45%. This is in the lower half of the industry: NBTB underperforms 60.31% of its industry peers.
In the last couple of years the Profit Margin of NBTB has declined.
The Operating Margin and Gross Margin are not available for NBTB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 21.45% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-9%
PM growth 5Y-1.7%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NBTB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NBTB remains at a similar level compared to 1 year ago.
NBTB has more shares outstanding than it did 5 years ago.
NBTB has a better debt/assets ratio than last year.
2.2 Solvency
NBTB has a debt to FCF ratio of 2.34. This is a good value and a sign of high solvency as NBTB would need 2.34 years to pay back of all of its debts.
NBTB has a Debt to FCF ratio (2.34) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.23 indicates that NBTB is not too dependend on debt financing.
NBTB has a Debt to Equity ratio of 0.23. This is in the lower half of the industry: NBTB underperforms 61.60% of its industry peers.
Although NBTB does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.34 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.42%
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 21.11% over the past year.
Measured over the past 5 years, NBTB shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
The Revenue has grown by 16.67% in the past year. This is quite good.
NBTB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.84% yearly.
EPS 1Y (TTM)21.11%
EPS 3Y-6%
EPS 5Y1.64%
EPS Q2Q%31.25%
Revenue 1Y (TTM)16.67%
Revenue growth 3Y6.41%
Revenue growth 5Y4.84%
Sales Q2Q%58.92%
3.2 Future
The Earnings Per Share is expected to grow by 16.81% on average over the next years. This is quite good.
Based on estimates for the next years, NBTB will show a quite strong growth in Revenue. The Revenue will grow by 11.61% on average per year.
EPS Next Y27.78%
EPS Next 2Y21.62%
EPS Next 3Y16.81%
EPS Next 5YN/A
Revenue Next Year20.58%
Revenue Next 2Y15.42%
Revenue Next 3Y11.61%
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 accelerating.
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 11.36, the valuation of NBTB can be described as very reasonable.
The rest of the industry has a similar Price/Earnings ratio as NBTB.
NBTB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.51.
NBTB is valuated reasonably with a Price/Forward Earnings ratio of 9.15.
The rest of the industry has a similar Price/Forward Earnings ratio as NBTB.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, NBTB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.36 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NBTB is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.85 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NBTB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NBTB's earnings are expected to grow with 16.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.41
PEG (5Y)6.92
EPS Next 2Y21.62%
EPS Next 3Y16.81%
5. Dividend
5.1 Amount
NBTB has a Yearly Dividend Yield of 3.59%.
NBTB's Dividend Yield is a higher than the industry average which is at 3.39.
Compared to an average S&P500 Dividend Yield of 2.44, NBTB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
5.2 History
The dividend of NBTB has a limited annual growth rate of 4.78%.
NBTB has paid a dividend for at least 10 years, which is a reliable track record.
NBTB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.78%
Div Incr Years12
Div Non Decr Years25
5.3 Sustainability
NBTB pays out 49.46% of its income as dividend. This is a bit on the high side, but may be sustainable.
NBTB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP49.46%
EPS Next 2Y21.62%
EPS Next 3Y16.81%
39.77
+0.12 (+0.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners66.25%
Inst Owner Change-2.91%
Ins Owners2.54%
Ins Owner Change-6.43%
Market Cap2.08B
Revenue(TTM)660.43M
Net Income(TTM)133.36M
Analysts80
Price Target49.57 (24.64%)
Short Float %1.89%
Short Ratio4.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
Yearly Dividend1.32
Dividend Growth(5Y)4.78%
DP49.46%
Div Incr Years12
Div Non Decr Years25
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.08%
Min EPS beat(2)5.87%
Max EPS beat(2)6.29%
EPS beat(4)3
Avg EPS beat(4)2.94%
Min EPS beat(4)-1.5%
Max EPS beat(4)6.29%
EPS beat(8)4
Avg EPS beat(8)2.63%
EPS beat(12)7
Avg EPS beat(12)1.38%
EPS beat(16)10
Avg EPS beat(16)2.34%
Revenue beat(2)1
Avg Revenue beat(2)-0.75%
Min Revenue beat(2)-1.9%
Max Revenue beat(2)0.39%
Revenue beat(4)1
Avg Revenue beat(4)-10.94%
Min Revenue beat(4)-21.18%
Max Revenue beat(4)0.39%
Revenue beat(8)3
Avg Revenue beat(8)-8.51%
Revenue beat(12)3
Avg Revenue beat(12)-7.22%
Revenue beat(16)5
Avg Revenue beat(16)-5.43%
PT rev (1m)-3.12%
PT rev (3m)-3.12%
EPS NQ rev (1m)-0.61%
EPS NQ rev (3m)0.28%
EPS NY rev (1m)1.98%
EPS NY rev (3m)6.13%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)-0.19%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.36 | ||
| Fwd PE | 9.15 | ||
| P/S | 3.35 | ||
| P/FCF | 11.85 | ||
| P/OCF | 10.98 | ||
| P/B | 1.15 | ||
| P/tB | 1.62 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.5
EY8.8%
EPS(NY)4.35
Fwd EY10.93%
FCF(TTM)3.36
FCFY8.44%
OCF(TTM)3.62
OCFY9.11%
SpS11.87
BVpS34.46
TBVpS24.56
PEG (NY)0.41
PEG (5Y)6.92
Graham Number52.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 7.39% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 21.45% | ||
| GM | N/A | ||
| FCFM | 28.28% |
ROA(3y)1.07%
ROA(5y)1.09%
ROE(3y)10.16%
ROE(5y)10.33%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-9%
PM growth 5Y-1.7%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.34 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 79.54% | ||
| Cap/Sales | 2.25% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 131.84% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC13.42%
ROIC/WACCN/A
Cap/Depr(3y)58.26%
Cap/Depr(5y)59.51%
Cap/Sales(3y)1.72%
Cap/Sales(5y)1.71%
Profit Quality(3y)122.14%
Profit Quality(5y)119.11%
High Growth Momentum
Growth
EPS 1Y (TTM)21.11%
EPS 3Y-6%
EPS 5Y1.64%
EPS Q2Q%31.25%
EPS Next Y27.78%
EPS Next 2Y21.62%
EPS Next 3Y16.81%
EPS Next 5YN/A
Revenue 1Y (TTM)16.67%
Revenue growth 3Y6.41%
Revenue growth 5Y4.84%
Sales Q2Q%58.92%
Revenue Next Year20.58%
Revenue Next 2Y15.42%
Revenue Next 3Y11.61%
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 1Y25.49%
FCF growth 3Y5.29%
FCF growth 5Y3.78%
OCF growth 1Y28.49%
OCF growth 3Y5.81%
OCF growth 5Y4.2%
N B T BANCORP INC / NBTB FAQ
What is the ChartMill fundamental rating of N B T BANCORP INC (NBTB) stock?
ChartMill assigns a fundamental rating of 4 / 10 to NBTB.
Can you provide the valuation status for N B T BANCORP INC?
ChartMill assigns a valuation rating of 5 / 10 to N B T BANCORP INC (NBTB). This can be considered as Fairly Valued.
How profitable is N B T BANCORP INC (NBTB) stock?
N B T BANCORP INC (NBTB) has a profitability rating of 2 / 10.
What are the PE and PB ratios of N B T BANCORP INC (NBTB) stock?
The Price/Earnings (PE) ratio for N B T BANCORP INC (NBTB) is 11.36 and the Price/Book (PB) ratio is 1.15.
What is the financial health of N B T BANCORP INC (NBTB) stock?
The financial health rating of N B T BANCORP INC (NBTB) is 3 / 10.