NATIONAL BANKSHARES INC/VA (NKSH)
US6348651091 - Common Stock
NKSH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 411 industry peers in the Banks industry. NKSH has an average financial health and profitability rating. NKSH does not seem to be growing, but still is valued expensively. 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.
Each year in the past 5 years NKSH has been profitable.
NKSH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NKSH's Return On Assets of 0.95% is in line compared to the rest of the industry. NKSH outperforms 58.15% of its industry peers.
NKSH has a Return On Equity of 11.16%. This is in the better half of the industry: NKSH outperforms 72.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.95% | ||
| ROE | 11.16% | ||
| ROIC | N/A |
ROA(3y)1.23%
ROA(5y)1.21%
ROE(3y)14.31%
ROE(5y)12.09%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 33.62%, NKSH belongs to the best of the industry, outperforming 87.59% of the companies in the same industry.
NKSH's Profit Margin has been stable in the last couple of years.
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) | 33.62% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-1.19%
PM growth 5Y-0.89%
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.
Compared to 1 year ago, NKSH has about the same amount of shares outstanding.
Compared to 5 years ago, NKSH has less shares outstanding
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.
2.2 Solvency
NKSH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.02%
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 -48.17%.
The Earnings Per Share has been decreasing by -1.20% on average over the past years.
Looking at the last year, NKSH shows a very negative growth in Revenue. The Revenue has decreased by -21.52% in the last year.
NKSH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.32% yearly.
EPS 1Y (TTM)-48.17%
EPS 3Y-0.95%
EPS 5Y-1.2%
EPS growth Q2Q-53.75%
Revenue 1Y (TTM)-21.52%
Revenue growth 3Y0.38%
Revenue growth 5Y0.32%
Revenue growth Q2Q-20.58%
3.2 Future
NKSH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.88% yearly.
NKSH is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.88% yearly.
EPS Next Y-17.47%
EPS Next 2Y7.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-18.54%
Revenue Next 2Y-1.88%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.06, NKSH is valued correctly.
Based on the Price/Earnings ratio, NKSH is valued a bit more expensive than 77.62% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.15, NKSH is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 11.33, the valuation of NKSH can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NKSH indicates a slightly more expensive valuation: NKSH is more expensive than 61.80% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.20. NKSH is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.06 | ||
| Fwd PE | 11.33 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, NKSH is valued a bit more expensive than the industry average as 69.10% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.34 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.88%
EPS Next 3YN/A
5. Dividend
5.1 Amount
NKSH has a Yearly Dividend Yield of 5.16%, which is a nice return.
NKSH's Dividend Yield is rather good when compared to the industry average which is at 3.68. NKSH pays more dividend than 84.91% of the companies in the same industry.
NKSH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.16% |
5.2 History
The dividend of NKSH is nicely growing with an annual growth rate of 15.82%!
NKSH has been paying a dividend for at least 10 years, so it has a reliable track record.
NKSH has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)15.82%
Div Incr Years3
Div Non Decr Years17
5.3 Sustainability
94.26% of the earnings are spent on dividend by NKSH. This is not a sustainable payout ratio.
NKSH's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP94.26%
EPS Next 2Y7.88%
EPS Next 3YN/A
NATIONAL BANKSHARES INC/VA
NASDAQ:NKSH (5/17/2024, 7:16:12 PM)
After market: 31.79 0 (0%)31.79
+0.02 (+0.06%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap187.24M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.16% |
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)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 16.06 | ||
| Fwd PE | 11.33 | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.95% | ||
| ROE | 11.16% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 33.62% | ||
| 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 Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| 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)-48.17%
EPS 3Y-0.95%
EPS 5Y
EPS growth Q2Q
EPS Next Y-17.47%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-21.52%
Revenue growth 3Y0.38%
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