43.65 USD
-1.82 (-4%)
43.65 USD
0 (0%)
Taking everything into account, NBTB scores 4 out of 10 in our fundamental rating. NBTB was compared to 383 industry peers in the Banks industry. Both the profitability and financial health of NBTB have multiple concerns. NBTB has a decent growth rate and is not valued too expensively. NBTB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- NBTB had positive earnings in the past year.
- In the past year NBTB had a positive cash flow from operations.
- In the past 5 years NBTB has always been profitable.
- Each year in the past 5 years NBTB had a positive operating cash flow.
1.2 Ratios
- NBTB has a Return On Assets (0.93%) which is comparable to the rest of the industry.
- NBTB has a Return On Equity of 8.08%. This is comparable to the rest of the industry: NBTB outperforms 42.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 8.08% | ||
| 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
- Looking at the Profit Margin, with a value of 22.67%, NBTB is in line with its industry, outperforming 41.78% of the companies in the same industry.
- 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) | 22.67% | ||
| 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.
- Compared to 1 year ago, NBTB has about the same amount of shares outstanding.
- The number of shares outstanding for NBTB has been increased compared to 5 years ago.
- The debt/assets ratio for NBTB has been reduced compared to a year ago.
2.2 Solvency
- NBTB has a debt to FCF ratio of 1.58. This is a very positive value and a sign of high solvency as it would only need 1.58 years to pay back of all of its debts.
- NBTB has a Debt to FCF ratio (1.58) which is in line with its industry peers.
- NBTB has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
- NBTB has a Debt to Equity ratio (0.17) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.58 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.18%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- NBTB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.11%, which is quite impressive.
- 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.
- NBTB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.67%.
- The Revenue has been growing slightly by 4.84% on average over the past years.
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 Y28.29%
EPS Next 2Y21.02%
EPS Next 3Y16.81%
EPS Next 5YN/A
Revenue Next Year20.6%
Revenue Next 2Y14.74%
Revenue Next 3Y11.61%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 12.47, NBTB is valued correctly.
- The rest of the industry has a similar Price/Earnings ratio as NBTB.
- When comparing the Price/Earnings ratio of NBTB to the average of the S&P500 Index (27.21), we can say NBTB is valued rather cheaply.
- NBTB is valuated reasonably with a Price/Forward Earnings ratio of 10.14.
- NBTB's Price/Forward Earnings is on the same level as the industry average.
- NBTB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.47 | ||
| Fwd PE | 10.14 |
4.2 Price Multiples
- NBTB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.29 | ||
| EV/EBITDA | N/A |
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.
- A more expensive valuation may be justified as NBTB's earnings are expected to grow with 16.81% in the coming years.
PEG (NY)0.44
PEG (5Y)7.59
EPS Next 2Y21.02%
EPS Next 3Y16.81%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.39%, NBTB has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.84, NBTB pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, NBTB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.78%
Div Incr Years12
Div Non Decr Years25
5.3 Sustainability
- NBTB pays out 46.30% 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.
DP46.3%
EPS Next 2Y21.02%
EPS Next 3Y16.81%
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.
What is the valuation status of N B T BANCORP INC (NBTB) stock?
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 3 / 10.
What is the expected EPS growth for N B T BANCORP INC (NBTB) stock?
The Earnings per Share (EPS) of N B T BANCORP INC (NBTB) is expected to grow by 28.29% in the next year.
Is the dividend of N B T BANCORP INC sustainable?
The dividend rating of N B T BANCORP INC (NBTB) is 7 / 10 and the dividend payout ratio is 46.3%.