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%)
Taking everything into account, SHBI scores 5 out of 10 in our fundamental rating. SHBI was compared to 391 industry peers in the Banks industry. Both the profitability and financial health of SHBI have multiple concerns. 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.
In the past year SHBI had a positive cash flow from operations.
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
SHBI has a Return On Assets of 0.89%. This is comparable 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
With a decent Profit Margin value of 25.23%, SHBI is doing good in the industry, outperforming 60.87% of the companies in the same industry.
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) | 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.
SHBI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SHBI has been increased compared to 5 years ago.
Compared to 1 year ago, SHBI has an improved debt to assets ratio.
2.2 Solvency
SHBI has a debt to FCF ratio of 1.51. This is a very positive value and a sign of high solvency as it would only need 1.51 years to pay back of all of its debts.
SHBI's Debt to FCF ratio of 1.51 is in line compared to the rest of the industry. SHBI outperforms 58.31% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that SHBI is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.13, SHBI is doing good in the industry, outperforming 61.13% of the companies in the same industry.
| 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
The Earnings Per Share has grown by an impressive 40.00% over the past year.
Measured over the past 5 years, SHBI shows a small growth in Earnings Per Share. The EPS has been growing by 0.77% on average per year.
Looking at the last year, SHBI shows a quite strong growth in Revenue. The Revenue has grown by 19.73% in the last year.
SHBI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.40% yearly.
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
Based on estimates for the next years, SHBI will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.05% on average per year.
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
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 estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.00, the valuation of SHBI can be described as reasonable.
SHBI's Price/Earnings ratio is rather cheap when compared to the industry. SHBI is cheaper than 84.14% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.91, SHBI is valued rather cheaply.
The Price/Forward Earnings ratio is 8.21, which indicates a very decent valuation of SHBI.
Based on the Price/Forward Earnings ratio, SHBI is valued a bit cheaper than 76.98% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, SHBI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 8.21 |
4.2 Price Multiples
60.36% of the companies in the same industry are more expensive than SHBI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.71 | ||
| 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.
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%. Purely for dividend investing, there may be better candidates out there.
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 2.34.
| 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.