SANDY SPRING BANCORP INC (SASR) Stock Fundamental Analysis
USA - NASDAQ:SASR - US8003631038 - Common Stock
27.95 USD
+0.35 (+1.27%)
27.95 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to SASR. SASR was compared to 391 industry peers in the Banks industry. Both the profitability and financial health of SASR have multiple concerns. SASR has a decent growth rate and is not valued too expensively. SASR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year SASR was profitable.
SASR had a positive operating cash flow in the past year.
Each year in the past 5 years SASR has been profitable.
Each year in the past 5 years SASR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.14%, SASR is doing worse than 88.83% of the companies in the same industry.
SASR has a Return On Equity of 1.28%. This is amonst the worse of the industry: SASR underperforms 88.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.14% | ||
| ROE | 1.28% | ||
| ROIC | N/A |
ROA(3y)0.74%
ROA(5y)0.96%
ROE(3y)6.72%
ROE(5y)8.41%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SASR's Profit Margin of 4.90% is on the low side compared to the rest of the industry. SASR is outperformed by 88.09% of its industry peers.
SASR's Profit Margin has declined in the last couple of years.
SASR 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) | 4.9% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-52.03%
PM growth 5Y-32.28%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SASR does not have a ROIC to compare to the WACC, probably because it is not profitable.
SASR has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SASR has been increased compared to 5 years ago.
The debt/assets ratio for SASR has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of SASR is 6.52, which is on the high side as it means it would take SASR, 6.52 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.52, SASR is not doing good in the industry: 71.46% of the companies in the same industry are doing better.
SASR has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
SASR has a Debt to Equity ratio of 0.28. This is in the lower half of the industry: SASR underperforms 64.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 6.52 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC18.13%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SASR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.54%.
SASR shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.91% yearly.
The Revenue has decreased by -3.63% in the past year.
Measured over the past years, SASR shows a small growth in Revenue. The Revenue has been growing by 3.84% on average per year.
EPS 1Y (TTM)-37.54%
EPS 3Y-28.28%
EPS 5Y-10.91%
EPS Q2Q%-21.67%
Revenue 1Y (TTM)-3.63%
Revenue growth 3Y-8.27%
Revenue growth 5Y3.84%
Sales Q2Q%-15.35%
3.2 Future
Based on estimates for the next years, SASR will show a very strong growth in Earnings Per Share. The EPS will grow by 32.49% on average per year.
The Revenue is expected to grow by 26.77% on average over the next years. This is a very strong growth
EPS Next Y38.66%
EPS Next 2Y32.49%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year25.51%
Revenue Next 2Y26.77%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.27, the valuation of SASR can be described as correct.
Based on the Price/Earnings ratio, SASR is valued a bit more expensive than 73.70% of the companies in the same industry.
SASR is valuated rather cheaply when we compare the Price/Earnings ratio to 27.40, 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 SASR.
SASR's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SASR is more expensive than 61.29% of the companies in the same industry.
SASR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.27 | ||
| Fwd PE | 11.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SASR indicates a slightly more expensive valuation: SASR is more expensive than 71.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.68 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SASR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SASR's earnings are expected to grow with 32.49% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y32.49%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SASR has a Yearly Dividend Yield of 4.87%, which is a nice return.
Compared to an average industry Dividend Yield of 3.56, SASR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, SASR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
5.2 History
The dividend of SASR has a limited annual growth rate of 2.81%.
SASR has paid a dividend for at least 10 years, which is a reliable track record.
SASR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.81%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
309.71% of the earnings are spent on dividend by SASR. This is not a sustainable payout ratio.
SASR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP309.71%
EPS Next 2Y32.49%
EPS Next 3YN/A
27.95
+0.35 (+1.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners73.02%
Inst Owner Change0%
Ins Owners3.7%
Ins Owner Change0%
Market Cap1.26B
Analysts47.5
Price Target37.74 (35.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Yearly Dividend1.37
Dividend Growth(5Y)2.81%
DP309.71%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.76%
Min EPS beat(2)-22.85%
Max EPS beat(2)-4.66%
EPS beat(4)2
Avg EPS beat(4)-1.19%
Min EPS beat(4)-22.85%
Max EPS beat(4)15.34%
EPS beat(8)5
Avg EPS beat(8)8.49%
EPS beat(12)5
Avg EPS beat(12)1.99%
EPS beat(16)7
Avg EPS beat(16)4.27%
Revenue beat(2)0
Avg Revenue beat(2)-5.47%
Min Revenue beat(2)-9.81%
Max Revenue beat(2)-1.13%
Revenue beat(4)0
Avg Revenue beat(4)-4.71%
Min Revenue beat(4)-9.81%
Max Revenue beat(4)-1.13%
Revenue beat(8)2
Avg Revenue beat(8)-0.63%
Revenue beat(12)6
Avg Revenue beat(12)3.94%
Revenue beat(16)10
Avg Revenue beat(16)6.48%
PT rev (1m)0%
PT rev (3m)0.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.45%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.27 | ||
| Fwd PE | 11.02 | ||
| P/S | 3.1 | ||
| P/FCF | 18.68 | ||
| P/OCF | 15.07 | ||
| P/B | 0.81 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.83
EY6.55%
EPS(NY)2.54
Fwd EY9.08%
FCF(TTM)1.5
FCFY5.35%
OCF(TTM)1.85
OCFY6.63%
SpS9
BVpS34.52
TBVpS26.99
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.14% | ||
| ROE | 1.28% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 4.9% | ||
| GM | N/A | ||
| FCFM | 16.62% |
ROA(3y)0.74%
ROA(5y)0.96%
ROE(3y)6.72%
ROE(5y)8.41%
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-52.03%
PM growth 5Y-32.28%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 6.52 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 61.45% | ||
| Cap/Sales | 3.97% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 339.45% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC18.13%
ROIC/WACCN/A
Cap/Depr(3y)82.56%
Cap/Depr(5y)70.42%
Cap/Sales(3y)3.38%
Cap/Sales(5y)2.68%
Profit Quality(3y)187.41%
Profit Quality(5y)158.47%
High Growth Momentum
Growth
EPS 1Y (TTM)-37.54%
EPS 3Y-28.28%
EPS 5Y-10.91%
EPS Q2Q%-21.67%
EPS Next Y38.66%
EPS Next 2Y32.49%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.63%
Revenue growth 3Y-8.27%
Revenue growth 5Y3.84%
Sales Q2Q%-15.35%
Revenue Next Year25.51%
Revenue Next 2Y26.77%
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-45.45%
FCF growth 3Y-30.92%
FCF growth 5Y-6.55%
OCF growth 1Y-39.26%
OCF growth 3Y-27.14%
OCF growth 5Y-3.47%