QCR HOLDINGS INC (QCRH)
US74727A1043 - Common Stock
Taking everything into account, QCRH scores 4 out of 10 in our fundamental rating. QCRH was compared to 412 industry peers in the Banks industry. QCRH has only an average score on both its financial health and profitability. QCRH has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year QCRH was profitable.
In the past year QCRH had a positive cash flow from operations.
QCRH had positive earnings in each of the past 5 years.
QCRH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
QCRH's Return On Assets of 1.33% is amongst the best of the industry. QCRH outperforms 83.74% of its industry peers.
QCRH has a better Return On Equity (12.81%) than 81.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.33% | ||
| ROE | 12.81% | ||
| ROIC | N/A |
ROA(3y)1.4%
ROA(5y)1.29%
ROE(3y)13.41%
ROE(5y)12.23%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of QCRH (32.35%) is better than 84.71% of its industry peers.
QCRH's Profit Margin has improved in the last couple of years.
QCRH does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 32.35% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y14.45%
PM growth 5Y6.66%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
QCRH does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, QCRH has less shares outstanding
QCRH has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, QCRH has an improved debt to assets ratio.
2.2 Solvency
QCRH has a debt to FCF ratio of 0.78. This is a very positive value and a sign of high solvency as it would only need 0.78 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.78, QCRH belongs to the top of the industry, outperforming 80.34% of the companies in the same industry.
QCRH has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.32, QCRH is doing worse than 62.38% of the companies in the same industry.
Although QCRH does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 0.78 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.69%
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 been growing slightly by 0.44% over the past year.
Measured over the past years, QCRH shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.90% on average per year.
Looking at the last year, QCRH shows a quite strong growth in Revenue. The Revenue has grown by 12.96% in the last year.
The Revenue has been growing by 13.80% on average over the past years. This is quite good.
EPS 1Y (TTM)0.44%
EPS 3Y21.21%
EPS 5Y18.9%
EPS growth Q2Q7.65%
Revenue 1Y (TTM)12.96%
Revenue growth 3Y7.73%
Revenue growth 5Y13.8%
Revenue growth Q2Q19.56%
3.2 Future
The Earnings Per Share is expected to decrease by -2.21% on average over the next years.
QCRH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.84% yearly.
EPS Next Y-15.45%
EPS Next 2Y-2.21%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.12%
Revenue Next 2Y7.84%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.12 indicates a reasonable valuation of QCRH.
Based on the Price/Earnings ratio, QCRH is valued a bit cheaper than 68.93% of the companies in the same industry.
QCRH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.80.
A Price/Forward Earnings ratio of 9.61 indicates a reasonable valuation of QCRH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of QCRH indicates a somewhat cheap valuation: QCRH is cheaper than 60.68% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.27. QCRH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 9.61 |
4.2 Price Multiples
96.60% of the companies in the same industry are more expensive than QCRH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as QCRH's earnings are expected to decrease with -2.21% in the coming years.
PEG (NY)N/A
PEG (5Y)0.43
EPS Next 2Y-2.21%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.43%, QCRH is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.91, QCRH's dividend is way lower than its industry peers. On top of this 87.14% of the companies listed in the same industry pay a better dividend than QCRH!
With a Dividend Yield of 0.43, QCRH pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
The dividend of QCRH has a limited annual growth rate of 1.50%.
QCRH has paid a dividend for at least 10 years, which is a reliable track record.
QCRH has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.5%
Div Incr Years0
Div Non Decr Years19
5.3 Sustainability
QCRH pays out 3.55% of its income as dividend. This is a sustainable payout ratio.
DP3.55%
EPS Next 2Y-2.21%
EPS Next 3YN/A
QCR HOLDINGS INC
NASDAQ:QCRH (4/18/2024, 7:16:20 PM)
After market: 55.41 0 (0%)55.41
+0.73 (+1.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap930.33M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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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 | 8.12 | ||
| Fwd PE | 9.61 | ||
| 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)0.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.33% | ||
| ROE | 12.81% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 32.35% | ||
| 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 Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| 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)0.44%
EPS 3Y21.21%
EPS 5Y
EPS growth Q2Q
EPS Next Y-15.45%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.96%
Revenue growth 3Y7.73%
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