SHORE BANCSHARES INC (SHBI)
US8251071051 - Common Stock
Overall SHBI gets a fundamental rating of 4 out of 10. We evaluated SHBI against 411 industry peers in the Banks industry. SHBI has a bad profitability rating. Also its financial health evaluation is rather negative. SHBI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year SHBI was profitable.
SHBI had a positive operating cash flow in the past year.
Each year in the past 5 years SHBI has been profitable.
SHBI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of SHBI (0.19%) is worse than 90.02% of its industry peers.
Looking at the Return On Equity, with a value of 2.20%, SHBI is doing worse than 89.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.19% | ||
| ROE | 2.2% | ||
| ROIC | N/A |
ROA(3y)0.51%
ROA(5y)0.68%
ROE(3y)5.05%
ROE(5y)6.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SHBI's Profit Margin of 6.67% is on the low side compared to the rest of the industry. SHBI is outperformed by 91.73% of its industry peers.
SHBI's Profit Margin has declined in the last couple of years.
SHBI 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) | 6.67% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-35.47%
PM growth 5Y-30.78%
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.
Compared to 1 year ago, SHBI has more shares outstanding
Compared to 5 years ago, SHBI has more shares outstanding
Compared to 1 year ago, SHBI has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of SHBI is 4.31, which is a neutral value as it means it would take SHBI, 4.31 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SHBI (4.31) is worse than 65.21% of its industry peers.
SHBI has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
SHBI has a Debt to Equity ratio of 0.14. This is in the better half of the industry: SHBI outperforms 67.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 4.31 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC21.3%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for SHBI have decreased strongly by -60.37% in the last year.
The earnings per share for SHBI have been decreasing by -13.21% on average. This is quite bad
SHBI shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.42%.
SHBI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.10% yearly.
EPS 1Y (TTM)-60.37%
EPS 3Y-19.59%
EPS 5Y-13.21%
EPS growth Q2Q-23.81%
Revenue 1Y (TTM)35.42%
Revenue growth 3Y38.58%
Revenue growth 5Y23.1%
Revenue growth Q2Q49.61%
3.2 Future
Based on estimates for the next years, SHBI will show a very strong growth in Earnings Per Share. The EPS will grow by 60.91% on average per year.
SHBI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.80% yearly.
EPS Next Y128.06%
EPS Next 2Y60.91%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year27.1%
Revenue Next 2Y16.8%
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
The Price/Earnings ratio is 16.20, which indicates a correct valuation of SHBI.
Compared to the rest of the industry, the Price/Earnings ratio of SHBI indicates a rather expensive valuation: SHBI more expensive than 81.75% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.92, SHBI is valued a bit cheaper.
With a Price/Forward Earnings ratio of 7.10, the valuation of SHBI can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SHBI indicates a rather cheap valuation: SHBI is cheaper than 89.78% of the companies listed in the same industry.
SHBI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.49.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.2 | ||
| Fwd PE | 7.1 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SHBI is valued a bit more expensive than 79.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.84 | ||
| 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 SHBI's earnings are expected to grow with 60.91% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y60.91%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.54%, SHBI is a good candidate for dividend investing.
In the last 3 months the price of SHBI has falen by -23.47%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.82, SHBI pays a bit more dividend than its industry peers.
SHBI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
5.2 History
The dividend of SHBI is nicely growing with an annual growth rate of 8.40%!
SHBI has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SHBI decreased recently.
Dividend Growth(5Y)8.4%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
113.35% of the earnings are spent on dividend by SHBI. This is not a sustainable payout ratio.
SHBI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP113.35%
EPS Next 2Y60.91%
EPS Next 3YN/A
SHORE BANCSHARES INC
NASDAQ:SHBI (4/26/2024, 7:15:58 PM)
After market: 10.53 0 (0%)10.53
-0.05 (-0.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap349.17M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
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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 | 16.2 | ||
| Fwd PE | 7.1 | ||
| 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)0.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.19% | ||
| ROE | 2.2% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 6.67% | ||
| 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 | 0.14 | ||
| 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)-60.37%
EPS 3Y-19.59%
EPS 5Y
EPS growth Q2Q
EPS Next Y128.06%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)35.42%
Revenue growth 3Y38.58%
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