22.95 USD
-0.37 (-1.59%)
22.95 USD
0 (0%)
ONB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 387 industry peers in the Banks industry. Both the profitability and financial health of ONB have multiple concerns. ONB is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
ONB had positive earnings in the past year.
In the past year ONB had a positive cash flow from operations.
Each year in the past 5 years ONB has been profitable.
ONB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.83%, ONB is in line with its industry, outperforming 45.22% of the companies in the same industry.
The Return On Equity of ONB (7.10%) is worse than 65.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 7.1% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)1.03%
ROE(3y)8.83%
ROE(5y)8.67%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ONB has a Profit Margin (25.41%) which is in line with its industry peers.
In the last couple of years the Profit Margin of ONB has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for ONB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25.41% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.78%
PM growth 5Y-1.32%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ONB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ONB has more shares outstanding
Compared to 5 years ago, ONB has more shares outstanding
The debt/assets ratio for ONB has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of ONB is 1.51, which is an excellent value as it means it would take ONB, only 1.51 years of fcf income to pay off all of its debts.
ONB has a Debt to FCF ratio (1.51) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.13 indicates that ONB is not too dependend on debt financing.
ONB has a Debt to Equity ratio of 0.13. This is in the better half of the industry: ONB outperforms 60.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.51 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.55%
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 12.57% over the past year.
ONB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.00% yearly.
ONB shows a strong growth in Revenue. In the last year, the Revenue has grown by 24.93%.
The Revenue has been growing by 18.60% on average over the past years. This is quite good.
EPS 1Y (TTM)12.57%
EPS 3Y2.44%
EPS 5Y6%
EPS Q2Q%28.26%
Revenue 1Y (TTM)24.93%
Revenue growth 3Y32.51%
Revenue growth 5Y18.6%
Sales Q2Q%45.12%
3.2 Future
Based on estimates for the next years, ONB will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.87% on average per year.
ONB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.10% yearly.
EPS Next Y16.99%
EPS Next 2Y19.09%
EPS Next 3Y15.87%
EPS Next 5YN/A
Revenue Next Year33.77%
Revenue Next 2Y23.78%
Revenue Next 3Y17.1%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.14, the valuation of ONB can be described as reasonable.
ONB's Price/Earnings ratio is a bit cheaper when compared to the industry. ONB is cheaper than 67.70% of the companies in the same industry.
ONB is valuated cheaply when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.70, the valuation of ONB can be described as very reasonable.
ONB's Price/Forward Earnings ratio is rather cheap when compared to the industry. ONB is cheaper than 81.40% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.78. ONB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 8.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ONB is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.3 | ||
| 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 ONB's earnings are expected to grow with 15.87% in the coming years.
PEG (NY)0.66
PEG (5Y)1.86
EPS Next 2Y19.09%
EPS Next 3Y15.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.50%, ONB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.11, ONB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, ONB has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.5% |
5.2 History
The dividend of ONB has a limited annual growth rate of 3.80%.
ONB has paid a dividend for at least 10 years, which is a reliable track record.
ONB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.8%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
ONB pays out 36.45% of its income as dividend. This is a sustainable payout ratio.
The dividend of ONB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP36.45%
EPS Next 2Y19.09%
EPS Next 3Y15.87%
22.95
-0.37 (-1.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners97%
Inst Owner Change3.75%
Ins Owners0.39%
Ins Owner Change0.12%
Market Cap8.97B
Revenue(TTM)2.32B
Net Income(TTM)590.37M
Analysts77.33
Price Target26.35 (14.81%)
Short Float %4.78%
Short Ratio4.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.5% |
Yearly Dividend0.63
Dividend Growth(5Y)3.8%
DP36.45%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.55%
Min EPS beat(2)1.5%
Max EPS beat(2)3.61%
EPS beat(4)4
Avg EPS beat(4)3.69%
Min EPS beat(4)1.5%
Max EPS beat(4)5.32%
EPS beat(8)6
Avg EPS beat(8)1.87%
EPS beat(12)9
Avg EPS beat(12)1.81%
EPS beat(16)13
Avg EPS beat(16)5.42%
Revenue beat(2)2
Avg Revenue beat(2)1.55%
Min Revenue beat(2)0.2%
Max Revenue beat(2)2.9%
Revenue beat(4)2
Avg Revenue beat(4)0.68%
Min Revenue beat(4)-0.29%
Max Revenue beat(4)2.9%
Revenue beat(8)3
Avg Revenue beat(8)0.25%
Revenue beat(12)5
Avg Revenue beat(12)1.06%
Revenue beat(16)8
Avg Revenue beat(16)1.82%
PT rev (1m)0%
PT rev (3m)-1.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.42%
EPS NY rev (1m)0%
EPS NY rev (3m)0.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.3%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 8.7 | ||
| P/S | 3.86 | ||
| P/FCF | 12.3 | ||
| P/OCF | 11.83 | ||
| P/B | 1.08 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.06
EY8.98%
EPS(NY)2.64
Fwd EY11.49%
FCF(TTM)1.87
FCFY8.13%
OCF(TTM)1.94
OCFY8.45%
SpS5.95
BVpS21.26
TBVpS13.77
PEG (NY)0.66
PEG (5Y)1.86
Graham Number31.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 7.1% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.41% | ||
| GM | N/A | ||
| FCFM | 31.38% |
ROA(3y)1.01%
ROA(5y)1.03%
ROE(3y)8.83%
ROE(5y)8.67%
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-6.78%
PM growth 5Y-1.32%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.51 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 28.47% | ||
| Cap/Sales | 1.25% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 123.5% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC11.55%
ROIC/WACCN/A
Cap/Depr(3y)56.18%
Cap/Depr(5y)73.31%
Cap/Sales(3y)1.96%
Cap/Sales(5y)3.12%
Profit Quality(3y)128.38%
Profit Quality(5y)114.02%
High Growth Momentum
Growth
EPS 1Y (TTM)12.57%
EPS 3Y2.44%
EPS 5Y6%
EPS Q2Q%28.26%
EPS Next Y16.99%
EPS Next 2Y19.09%
EPS Next 3Y15.87%
EPS Next 5YN/A
Revenue 1Y (TTM)24.93%
Revenue growth 3Y32.51%
Revenue growth 5Y18.6%
Sales Q2Q%45.12%
Revenue Next Year33.77%
Revenue Next 2Y23.78%
Revenue Next 3Y17.1%
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 1Y36.69%
FCF growth 3Y28.09%
FCF growth 5Y24.69%
OCF growth 1Y32.84%
OCF growth 3Y23.5%
OCF growth 5Y21.63%
OLD NATIONAL BANCORP / ONB FAQ
What is the fundamental rating for ONB stock?
ChartMill assigns a fundamental rating of 5 / 10 to ONB.
Can you provide the valuation status for OLD NATIONAL BANCORP?
ChartMill assigns a valuation rating of 6 / 10 to OLD NATIONAL BANCORP (ONB). This can be considered as Fairly Valued.
What is the profitability of ONB stock?
OLD NATIONAL BANCORP (ONB) has a profitability rating of 3 / 10.
What are the PE and PB ratios of OLD NATIONAL BANCORP (ONB) stock?
The Price/Earnings (PE) ratio for OLD NATIONAL BANCORP (ONB) is 11.14 and the Price/Book (PB) ratio is 1.08.
Is the dividend of OLD NATIONAL BANCORP sustainable?
The dividend rating of OLD NATIONAL BANCORP (ONB) is 6 / 10 and the dividend payout ratio is 36.45%.