SHORE BANCSHARES INC (SHBI) Stock Fundamental Analysis
USA - NASDAQ:SHBI - US8251071051 - Common Stock
15.75 USD
-0.02 (-0.13%)
15.75 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to SHBI. SHBI was compared to 391 industry peers in the Banks industry. Both the profitability and financial health of SHBI have multiple concerns. SHBI is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
SHBI had positive earnings in the past year.
SHBI had a positive operating cash flow in the past year.
SHBI had positive earnings in each of the past 5 years.
Of the past 5 years SHBI 4 years had a positive operating cash flow.
1.2 Ratios
SHBI's Return On Assets of 0.89% is in line compared to the rest of the industry. SHBI outperforms 52.17% of its industry peers.
Looking at the Return On Equity, with a value of 9.51%, SHBI is in the better half of the industry, outperforming 61.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 9.51% | ||
| ROIC | N/A |
ROA(3y)0.6%
ROA(5y)0.61%
ROE(3y)6.29%
ROE(5y)6.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of SHBI (25.23%) is better than 60.87% of its industry peers.
In the last couple of years the Profit Margin of SHBI has declined.
The Operating Margin and Gross Margin are not available for SHBI so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25.23% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y3.12%
PM growth 5Y-4.19%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SHBI does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SHBI has been increased compared to 1 year ago.
SHBI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SHBI has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of SHBI is 1.51, which is an excellent value as it means it would take SHBI, only 1.51 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SHBI (1.51) is comparable to the rest of the industry.
SHBI has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
SHBI has a better Debt to Equity ratio (0.13) than 61.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.51 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC22.52%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SHBI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.00%, which is quite impressive.
The Earnings Per Share has been growing slightly by 0.77% on average over the past years.
The Revenue has grown by 19.73% in the past year. This is quite good.
Measured over the past years, SHBI shows a very strong growth in Revenue. The Revenue has been growing by 27.40% on average per year.
EPS 1Y (TTM)40%
EPS 3Y-6.93%
EPS 5Y0.77%
EPS Q2Q%41.18%
Revenue 1Y (TTM)19.73%
Revenue growth 3Y37.49%
Revenue growth 5Y27.4%
Sales Q2Q%30.27%
3.2 Future
SHBI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.05% yearly.
Based on estimates for the next years, SHBI will show a quite strong growth in Revenue. The Revenue will grow by 10.07% on average per year.
EPS Next Y37.28%
EPS Next 2Y20.11%
EPS Next 3Y19.05%
EPS Next 5YN/A
Revenue Next Year13.35%
Revenue Next 2Y10.07%
Revenue Next 3YN/A
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
SHBI is valuated reasonably with a Price/Earnings ratio of 9.00.
Based on the Price/Earnings ratio, SHBI is valued cheaply inside the industry as 84.14% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SHBI to the average of the S&P500 Index (26.91), we can say SHBI is valued rather cheaply.
A Price/Forward Earnings ratio of 8.21 indicates a reasonable valuation of SHBI.
76.98% of the companies in the same industry are more expensive than SHBI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.92. SHBI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 8.21 |
4.2 Price Multiples
SHBI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SHBI is cheaper than 60.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SHBI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SHBI's earnings are expected to grow with 19.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)11.7
EPS Next 2Y20.11%
EPS Next 3Y19.05%
5. Dividend
5.1 Amount
SHBI has a Yearly Dividend Yield of 3.04%.
Compared to an average industry Dividend Yield of 3.53, SHBI has a dividend in line with its industry peers.
SHBI's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
5.2 History
The dividend of SHBI has a limited annual growth rate of 2.55%.
SHBI has paid a dividend for at least 10 years, which is a reliable track record.
SHBI has decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.55%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
SHBI pays out 29.88% of its income as dividend. This is a sustainable payout ratio.
SHBI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP29.88%
EPS Next 2Y20.11%
EPS Next 3Y19.05%
15.75
-0.02 (-0.13%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners63.82%
Inst Owner Change0.22%
Ins Owners8.46%
Ins Owner Change0.71%
Market Cap526.37M
Revenue(TTM)201.70M
Net Income(TTM)53.74M
Analysts80
Price Target18.19 (15.49%)
Short Float %1.59%
Short Ratio3.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
Yearly Dividend0.48
Dividend Growth(5Y)2.55%
DP29.88%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.88%
Min EPS beat(2)10%
Max EPS beat(2)13.76%
EPS beat(4)3
Avg EPS beat(4)7.03%
Min EPS beat(4)-6.1%
Max EPS beat(4)13.76%
EPS beat(8)4
Avg EPS beat(8)-19.85%
EPS beat(12)5
Avg EPS beat(12)-18.95%
EPS beat(16)7
Avg EPS beat(16)-12.4%
Revenue beat(2)0
Avg Revenue beat(2)-0.95%
Min Revenue beat(2)-1%
Max Revenue beat(2)-0.9%
Revenue beat(4)0
Avg Revenue beat(4)-0.85%
Min Revenue beat(4)-1%
Max Revenue beat(4)-0.57%
Revenue beat(8)1
Avg Revenue beat(8)-1.93%
Revenue beat(12)3
Avg Revenue beat(12)0.4%
Revenue beat(16)7
Avg Revenue beat(16)6.44%
PT rev (1m)0%
PT rev (3m)3.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.94%
EPS NY rev (1m)0%
EPS NY rev (3m)6.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 8.21 | ||
| P/S | 2.47 | ||
| P/FCF | 10.71 | ||
| P/OCF | 9.95 | ||
| P/B | 0.93 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.75
EY11.11%
EPS(NY)1.92
Fwd EY12.18%
FCF(TTM)1.47
FCFY9.34%
OCF(TTM)1.58
OCFY10.05%
SpS6.37
BVpS16.91
TBVpS13.85
PEG (NY)0.24
PEG (5Y)11.7
Graham Number25.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 9.51% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.23% | ||
| GM | N/A | ||
| FCFM | 23.07% |
ROA(3y)0.6%
ROA(5y)0.61%
ROE(3y)6.29%
ROE(5y)6.26%
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 3Y3.12%
PM growth 5Y-4.19%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.51 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 23.64% | ||
| Cap/Sales | 1.77% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 91.45% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC22.52%
ROIC/WACCN/A
Cap/Depr(3y)42.76%
Cap/Depr(5y)67.18%
Cap/Sales(3y)2.69%
Cap/Sales(5y)3.26%
Profit Quality(3y)135.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40%
EPS 3Y-6.93%
EPS 5Y0.77%
EPS Q2Q%41.18%
EPS Next Y37.28%
EPS Next 2Y20.11%
EPS Next 3Y19.05%
EPS Next 5YN/A
Revenue 1Y (TTM)19.73%
Revenue growth 3Y37.49%
Revenue growth 5Y27.4%
Sales Q2Q%30.27%
Revenue Next Year13.35%
Revenue Next 2Y10.07%
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 1Y176.41%
FCF growth 3YN/A
FCF growth 5Y29.36%
OCF growth 1Y161.31%
OCF growth 3YN/A
OCF growth 5Y27.82%
SHORE BANCSHARES INC / SHBI FAQ
What is the fundamental rating for SHBI stock?
ChartMill assigns a fundamental rating of 5 / 10 to SHBI.
What is the valuation status of SHORE BANCSHARES INC (SHBI) stock?
ChartMill assigns a valuation rating of 6 / 10 to SHORE BANCSHARES INC (SHBI). This can be considered as Fairly Valued.
What is the profitability of SHBI stock?
SHORE BANCSHARES INC (SHBI) has a profitability rating of 3 / 10.
What are the PE and PB ratios of SHORE BANCSHARES INC (SHBI) stock?
The Price/Earnings (PE) ratio for SHORE BANCSHARES INC (SHBI) is 9 and the Price/Book (PB) ratio is 0.93.
Can you provide the expected EPS growth for SHBI stock?
The Earnings per Share (EPS) of SHORE BANCSHARES INC (SHBI) is expected to grow by 37.28% in the next year.