NATIONAL BANKSHARES INC/VA (NKSH) Stock Fundamental Analysis
NASDAQ:NKSH - Nasdaq - US6348651091 - Common Stock - Currency: USD
Overall NKSH gets a fundamental rating of 4 out of 10. We evaluated NKSH against 396 industry peers in the Banks industry. The financial health of NKSH is average, but there are quite some concerns on its profitability. NKSH is not valued too expensively and it also shows a decent growth rate. Finally NKSH also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NKSH was profitable.
In the past year NKSH had a positive cash flow from operations.
In the past 5 years NKSH has always been profitable.
Each year in the past 5 years NKSH had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NKSH (0.42%) is worse than 79.29% of its industry peers.
NKSH has a worse Return On Equity (4.87%) than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 4.87% | ||
| ROIC | N/A |
ROA(3y)0.97%
ROA(5y)1.03%
ROE(3y)12.39%
ROE(5y)11.16%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NKSH has a worse Profit Margin (16.81%) than 72.22% of its industry peers.
In the last couple of years the Profit Margin of NKSH has declined.
The Operating Margin and Gross Margin are not available for NKSH so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 16.81% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-25.41%
PM growth 5Y-14.84%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NKSH does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NKSH has been increased compared to 1 year ago.
The number of shares outstanding for NKSH has been reduced compared to 5 years ago.
NKSH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
There is no outstanding debt for NKSH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.12%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
NKSH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.11%.
The earnings per share for NKSH have been decreasing by -14.31% on average. This is quite bad
The Revenue has decreased by -2.76% in the past year.
Measured over the past years, NKSH shows a decrease in Revenue. The Revenue has been decreasing by -0.52% on average per year.
EPS 1Y (TTM)-31.11%
EPS 3Y-28%
EPS 5Y-14.31%
EPS Q2Q%37.84%
Revenue 1Y (TTM)-2.76%
Revenue growth 3Y-3.4%
Revenue growth 5Y-0.52%
Sales Q2Q%24.39%
3.2 Future
The Earnings Per Share is expected to grow by 50.83% on average over the next years. This is a very strong growth
Based on estimates for the next years, NKSH will show a quite strong growth in Revenue. The Revenue will grow by 11.66% on average per year.
EPS Next Y102.5%
EPS Next 2Y50.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year17.7%
Revenue Next 2Y11.66%
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 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
The Price/Earnings ratio is 19.48, which indicates a rather expensive current valuation of NKSH.
Compared to the rest of the industry, the Price/Earnings ratio of NKSH indicates a slightly more expensive valuation: NKSH is more expensive than 79.29% of the companies listed in the same industry.
NKSH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.03.
The Price/Forward Earnings ratio is 9.51, which indicates a very decent valuation of NKSH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NKSH is on the same level as its industry peers.
NKSH's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.48 | ||
| Fwd PE | 9.51 |
4.2 Price Multiples
79.55% of the companies in the same industry are cheaper than NKSH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.25 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NKSH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NKSH's earnings are expected to grow with 50.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y50.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
NKSH has a Yearly Dividend Yield of 5.80%, which is a nice return.
NKSH's Dividend Yield is rather good when compared to the industry average which is at 3.34. NKSH pays more dividend than 93.18% of the companies in the same industry.
NKSH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.8% |
5.2 History
The dividend of NKSH has a limited annual growth rate of 2.47%.
NKSH has paid a dividend for at least 10 years, which is a reliable track record.
NKSH has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.47%
Div Incr Years3
Div Non Decr Years29
5.3 Sustainability
NKSH pays out 121.53% of its income as dividend. This is not a sustainable payout ratio.
NKSH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP121.53%
EPS Next 2Y50.83%
EPS Next 3YN/A
26.49
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners32.44%
Inst Owner Change2.53%
Ins Owners3.11%
Ins Owner Change1.92%
Market Cap168.48M
Analysts85.71
Price Target35.19 (32.84%)
Short Float %1.22%
Short Ratio6.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.8% |
Yearly Dividend1.51
Dividend Growth(5Y)2.47%
DP121.53%
Div Incr Years3
Div Non Decr Years29
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.61%
Min EPS beat(2)-1.14%
Max EPS beat(2)8.36%
EPS beat(4)1
Avg EPS beat(4)-37.32%
Min EPS beat(4)-140.85%
Max EPS beat(4)8.36%
EPS beat(8)2
Avg EPS beat(8)-24.68%
EPS beat(12)5
Avg EPS beat(12)-14.32%
EPS beat(16)9
Avg EPS beat(16)-7.2%
Revenue beat(2)0
Avg Revenue beat(2)-2.04%
Min Revenue beat(2)-3.46%
Max Revenue beat(2)-0.61%
Revenue beat(4)0
Avg Revenue beat(4)-4%
Min Revenue beat(4)-6.27%
Max Revenue beat(4)-0.61%
Revenue beat(8)0
Avg Revenue beat(8)-7.9%
Revenue beat(12)4
Avg Revenue beat(12)-3.29%
Revenue beat(16)7
Avg Revenue beat(16)-2.25%
PT rev (1m)-9.21%
PT rev (3m)-9.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)3.4%
EPS NY rev (3m)3.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.69%
Revenue NY rev (3m)-1.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.48 | ||
| Fwd PE | 9.51 | ||
| P/S | 3.71 | ||
| P/FCF | 27.25 | ||
| P/OCF | 17.85 | ||
| P/B | 1.08 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.36
EY5.13%
EPS(NY)2.78
Fwd EY10.51%
FCF(TTM)0.97
FCFY3.67%
OCF(TTM)1.48
OCFY5.6%
SpS7.13
BVpS24.59
TBVpS22.61
PEG (NY)0.19
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 4.87% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 16.81% | ||
| GM | N/A | ||
| FCFM | 13.63% |
ROA(3y)0.97%
ROA(5y)1.03%
ROE(3y)12.39%
ROE(5y)11.16%
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-25.41%
PM growth 5Y-14.84%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 286.37% | ||
| Cap/Sales | 7.18% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 81.1% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC9.12%
ROIC/WACCN/A
Cap/Depr(3y)230.27%
Cap/Depr(5y)199.43%
Cap/Sales(3y)4.17%
Cap/Sales(5y)3.42%
Profit Quality(3y)93.14%
Profit Quality(5y)92.91%
High Growth Momentum
Growth
EPS 1Y (TTM)-31.11%
EPS 3Y-28%
EPS 5Y-14.31%
EPS Q2Q%37.84%
EPS Next Y102.5%
EPS Next 2Y50.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.76%
Revenue growth 3Y-3.4%
Revenue growth 5Y-0.52%
Sales Q2Q%24.39%
Revenue Next Year17.7%
Revenue Next 2Y11.66%
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-55.94%
FCF growth 3Y-35.05%
FCF growth 5Y-19.06%
OCF growth 1Y-39.2%
OCF growth 3Y-25.56%
OCF growth 5Y-12.9%