NICOLET BANKSHARES INC (NIC) Stock Fundamental Analysis
USA - NYSE:NIC - US65406E1029 - Common Stock
124.7 USD
+0.33 (+0.27%)
124.7 USD
0 (0%)
Overall NIC gets a fundamental rating of 5 out of 10. We evaluated NIC against 388 industry peers in the Banks industry. There are concerns on the financial health of NIC while its profitability can be described as average. NIC is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year NIC was profitable.
NIC had a positive operating cash flow in the past year.
Each year in the past 5 years NIC has been profitable.
In the past 5 years NIC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of NIC (1.52%) is better than 88.92% of its industry peers.
NIC's Return On Equity of 11.44% is fine compared to the rest of the industry. NIC outperforms 77.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.52% | ||
| ROE | 11.44% | ||
| ROIC | N/A |
ROA(3y)1.07%
ROA(5y)1.06%
ROE(3y)8.73%
ROE(5y)8.83%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 36.95%, NIC belongs to the top of the industry, outperforming 93.56% of the companies in the same industry.
NIC's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for NIC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 36.95% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y9.56%
PM growth 5Y1.91%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, NIC has more shares outstanding
The number of shares outstanding for NIC has been increased compared to 5 years ago.
The debt/assets ratio for NIC has been reduced compared to a year ago.
2.2 Solvency
NIC has a debt to FCF ratio of 0.94. This is a very positive value and a sign of high solvency as it would only need 0.94 years to pay back of all of its debts.
NIC has a Debt to FCF ratio of 0.94. This is in the better half of the industry: NIC outperforms 69.59% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that NIC is not too dependend on debt financing.
The Debt to Equity ratio of NIC (0.11) is better than 65.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.94 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.36%
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 nice 16.65% over the past year.
The Earnings Per Share has been growing by 9.93% on average over the past years. This is quite good.
Looking at the last year, NIC shows a quite strong growth in Revenue. The Revenue has grown by 9.76% in the last year.
The Revenue has been growing by 15.63% on average over the past years. This is quite good.
EPS 1Y (TTM)16.65%
EPS 3Y13.35%
EPS 5Y9.93%
EPS Q2Q%30%
Revenue 1Y (TTM)9.76%
Revenue growth 3Y15.84%
Revenue growth 5Y15.63%
Sales Q2Q%15.94%
3.2 Future
The Earnings Per Share is expected to grow by 20.13% on average over the next years. This is a very strong growth
Based on estimates for the next years, NIC will show a very strong growth in Revenue. The Revenue will grow by 41.34% on average per year.
EPS Next Y18.52%
EPS Next 2Y18.84%
EPS Next 3Y20.13%
EPS Next 5YN/A
Revenue Next Year12.83%
Revenue Next 2Y27.45%
Revenue Next 3Y41.34%
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.
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
The Price/Earnings ratio is 13.38, which indicates a correct valuation of NIC.
Based on the Price/Earnings ratio, NIC is valued a bit more expensive than the industry average as 60.82% of the companies are valued more cheaply.
NIC is valuated rather cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.02, which indicates a very decent valuation of NIC.
The rest of the industry has a similar Price/Forward Earnings ratio as NIC.
NIC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.38 | ||
| Fwd PE | 11.02 |
4.2 Price Multiples
NIC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.03 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NIC's 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 NIC's earnings are expected to grow with 20.13% in the coming years.
PEG (NY)0.72
PEG (5Y)1.35
EPS Next 2Y18.84%
EPS Next 3Y20.13%
5. Dividend
5.1 Amount
NIC has a yearly dividend return of 0.96%, which is pretty low.
Compared to an average industry Dividend Yield of 3.38, NIC's dividend is way lower than its industry peers. On top of this 81.96% of the companies listed in the same industry pay a better dividend than NIC!
Compared to an average S&P500 Dividend Yield of 2.36, NIC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
5.2 History
The dividend of NIC is nicely growing with an annual growth rate of 86.72%!
NIC has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)86.72%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
13.04% of the earnings are spent on dividend by NIC. This is a low number and sustainable payout ratio.
The dividend of NIC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP13.04%
EPS Next 2Y18.84%
EPS Next 3Y20.13%
124.7
+0.33 (+0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners51.87%
Inst Owner ChangeN/A
Ins Owners11.96%
Ins Owner Change2.05%
Market Cap1.85B
Revenue(TTM)380.46M
Net Income(TTM)136.11M
Analysts75.56
Price Target154.22 (23.67%)
Short Float %2.08%
Short Ratio3.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
Yearly Dividend1.09
Dividend Growth(5Y)86.72%
DP13.04%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.2%
Min EPS beat(2)4.88%
Max EPS beat(2)7.52%
EPS beat(4)4
Avg EPS beat(4)8.18%
Min EPS beat(4)4.88%
Max EPS beat(4)11.67%
EPS beat(8)7
Avg EPS beat(8)7.19%
EPS beat(12)9
Avg EPS beat(12)5.22%
EPS beat(16)12
Avg EPS beat(16)1.3%
Revenue beat(2)1
Avg Revenue beat(2)-1.56%
Min Revenue beat(2)-5.37%
Max Revenue beat(2)2.25%
Revenue beat(4)3
Avg Revenue beat(4)5.25%
Min Revenue beat(4)-5.37%
Max Revenue beat(4)21.84%
Revenue beat(8)6
Avg Revenue beat(8)2.05%
Revenue beat(12)8
Avg Revenue beat(12)0.63%
Revenue beat(16)12
Avg Revenue beat(16)9.04%
PT rev (1m)3.7%
PT rev (3m)3.7%
EPS NQ rev (1m)0.19%
EPS NQ rev (3m)0.19%
EPS NY rev (1m)2.87%
EPS NY rev (3m)8.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.38 | ||
| Fwd PE | 11.02 | ||
| P/S | 5.03 | ||
| P/FCF | 13.03 | ||
| P/OCF | 12.08 | ||
| P/B | 1.56 | ||
| P/tB | 2.34 | ||
| EV/EBITDA | N/A |
EPS(TTM)9.32
EY7.47%
EPS(NY)11.31
Fwd EY9.07%
FCF(TTM)9.57
FCFY7.67%
OCF(TTM)10.33
OCFY8.28%
SpS24.79
BVpS80.09
TBVpS53.36
PEG (NY)0.72
PEG (5Y)1.35
Graham Number129.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.52% | ||
| ROE | 11.44% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 36.95% | ||
| GM | N/A | ||
| FCFM | 38.6% |
ROA(3y)1.07%
ROA(5y)1.06%
ROE(3y)8.73%
ROE(5y)8.83%
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 3Y9.56%
PM growth 5Y1.91%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.94 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 74.56% | ||
| Cap/Sales | 3.06% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 104.47% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.36%
ROIC/WACCN/A
Cap/Depr(3y)84.02%
Cap/Depr(5y)89.02%
Cap/Sales(3y)5.12%
Cap/Sales(5y)5.34%
Profit Quality(3y)117.33%
Profit Quality(5y)121.03%
High Growth Momentum
Growth
EPS 1Y (TTM)16.65%
EPS 3Y13.35%
EPS 5Y9.93%
EPS Q2Q%30%
EPS Next Y18.52%
EPS Next 2Y18.84%
EPS Next 3Y20.13%
EPS Next 5YN/A
Revenue 1Y (TTM)9.76%
Revenue growth 3Y15.84%
Revenue growth 5Y15.63%
Sales Q2Q%15.94%
Revenue Next Year12.83%
Revenue Next 2Y27.45%
Revenue Next 3Y41.34%
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 1Y45.24%
FCF growth 3Y11.35%
FCF growth 5Y16.9%
OCF growth 1Y31.71%
OCF growth 3Y11.04%
OCF growth 5Y18.15%
NICOLET BANKSHARES INC / NIC FAQ
What is the fundamental rating for NIC stock?
ChartMill assigns a fundamental rating of 5 / 10 to NIC.
What is the valuation status for NIC stock?
ChartMill assigns a valuation rating of 5 / 10 to NICOLET BANKSHARES INC (NIC). This can be considered as Fairly Valued.
What is the profitability of NIC stock?
NICOLET BANKSHARES INC (NIC) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for NIC stock?
The Price/Earnings (PE) ratio for NICOLET BANKSHARES INC (NIC) is 13.38 and the Price/Book (PB) ratio is 1.56.
Can you provide the financial health for NIC stock?
The financial health rating of NICOLET BANKSHARES INC (NIC) is 3 / 10.