SUMMIT FINANCIAL GROUP INC (SMMF) Stock Fundamental Analysis
USA - NASDAQ:SMMF - US86606G1013 - Common Stock
25.7 USD
-0.66 (-2.5%)
25.7 USD
0 (0%)
SMMF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 390 industry peers in the Banks industry. There are concerns on the financial health of SMMF while its profitability can be described as average. SMMF scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
SMMF had positive earnings in the past year.
In the past year SMMF had a positive cash flow from operations.
Each year in the past 5 years SMMF has been profitable.
In the past 5 years SMMF always reported a positive cash flow from operatings.
1.2 Ratios
SMMF's Return On Assets of 1.17% is fine compared to the rest of the industry. SMMF outperforms 76.21% of its industry peers.
SMMF's Return On Equity of 12.34% is amongst the best of the industry. SMMF outperforms 81.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 12.34% | ||
| ROIC | N/A |
ROA(3y)1.26%
ROA(5y)1.22%
ROE(3y)13.62%
ROE(5y)12.97%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of SMMF (30.62%) is better than 77.91% of its industry peers.
SMMF's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for SMMF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 30.62% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.19%
PM growth 5Y-1.01%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SMMF does not have a ROIC to compare to the WACC, probably because it is not profitable.
SMMF has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SMMF has more shares outstanding
The debt/assets ratio for SMMF has been reduced compared to a year ago.
2.2 Solvency
SMMF has a debt to FCF ratio of 1.85. This is a very positive value and a sign of high solvency as it would only need 1.85 years to pay back of all of its debts.
The Debt to FCF ratio of SMMF (1.85) is better than 61.41% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that SMMF is not too dependend on debt financing.
The Debt to Equity ratio of SMMF (0.28) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.47%
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 SMMF have decreased by -6.11% in the last year.
Measured over the past years, SMMF shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.18% on average per year.
The Revenue has grown by 20.59% in the past year. This is a very strong growth!
SMMF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.27% yearly.
EPS 1Y (TTM)-6.11%
EPS 3Y16.64%
EPS 5Y11.18%
EPS Q2Q%-8.62%
Revenue 1Y (TTM)20.59%
Revenue growth 3Y15.35%
Revenue growth 5Y15.27%
Sales Q2Q%18.8%
3.2 Future
SMMF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.08% yearly.
Based on estimates for the next years, SMMF will show a small growth in Revenue. The Revenue will grow by 2.82% on average per year.
EPS Next Y6.25%
EPS Next 2Y3.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.35%
Revenue Next 2Y2.82%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.69, the valuation of SMMF can be described as very cheap.
SMMF's Price/Earnings ratio is rather cheap when compared to the industry. SMMF is cheaper than 89.56% of the companies in the same industry.
SMMF's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.08.
A Price/Forward Earnings ratio of 6.30 indicates a rather cheap valuation of SMMF.
SMMF's Price/Forward Earnings ratio is rather cheap when compared to the industry. SMMF is cheaper than 94.42% of the companies in the same industry.
SMMF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.09.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 6.3 |
4.2 Price Multiples
SMMF's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SMMF is cheaper than 86.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.67 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SMMF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.07
PEG (5Y)0.6
EPS Next 2Y3.08%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.42%, SMMF has a reasonable but not impressive dividend return.
SMMF's Dividend Yield is comparable with the industry average which is at 3.50.
Compared to an average S&P500 Dividend Yield of 2.30, SMMF pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
5.2 History
The dividend of SMMF is nicely growing with an annual growth rate of 12.01%!
SMMF has been paying a dividend for at least 10 years, so it has a reliable track record.
SMMF has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)12.01%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
23.64% of the earnings are spent on dividend by SMMF. This is a low number and sustainable payout ratio.
SMMF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP23.64%
EPS Next 2Y3.08%
EPS Next 3YN/A
25.7
-0.66 (-2.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners7.2%
Inst Owner Change0%
Ins Owners3.58%
Ins Owner Change0%
Market Cap377.53M
Revenue(TTM)177.44M
Net Income(TTM)54.34M
Analysts43.33
Price Target30.6 (19.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
Yearly Dividend0.94
Dividend Growth(5Y)12.01%
DP23.64%
Div Incr Years8
Div Non Decr Years8
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.49%
Min EPS beat(2)-5.53%
Max EPS beat(2)8.51%
EPS beat(4)2
Avg EPS beat(4)-5.93%
Min EPS beat(4)-28.46%
Max EPS beat(4)8.51%
EPS beat(8)3
Avg EPS beat(8)-4.39%
EPS beat(12)6
Avg EPS beat(12)-2.31%
EPS beat(16)9
Avg EPS beat(16)14.72%
Revenue beat(2)1
Avg Revenue beat(2)3.54%
Min Revenue beat(2)-1.73%
Max Revenue beat(2)8.81%
Revenue beat(4)3
Avg Revenue beat(4)8.94%
Min Revenue beat(4)-1.73%
Max Revenue beat(4)17.66%
Revenue beat(8)7
Avg Revenue beat(8)10.25%
Revenue beat(12)11
Avg Revenue beat(12)10.72%
Revenue beat(16)15
Avg Revenue beat(16)13.66%
PT rev (1m)0%
PT rev (3m)30.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.6%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 6.3 | ||
| P/S | 2.13 | ||
| P/FCF | 5.67 | ||
| P/OCF | 5.12 | ||
| P/B | 0.86 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.84
EY14.94%
EPS(NY)4.08
Fwd EY15.88%
FCF(TTM)4.54
FCFY17.65%
OCF(TTM)5.02
OCFY19.53%
SpS12.08
BVpS29.97
TBVpS24.9
PEG (NY)1.07
PEG (5Y)0.6
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 12.34% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 30.62% | ||
| GM | N/A | ||
| FCFM | 37.56% |
ROA(3y)1.26%
ROA(5y)1.22%
ROE(3y)13.62%
ROE(5y)12.97%
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 3Y4.19%
PM growth 5Y-1.01%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 1.85 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 98.66% | ||
| Cap/Sales | 3.99% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 122.63% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC14.47%
ROIC/WACCN/A
Cap/Depr(3y)71.18%
Cap/Depr(5y)120.9%
Cap/Sales(3y)2.8%
Cap/Sales(5y)5.09%
Profit Quality(3y)125.68%
Profit Quality(5y)118.32%
High Growth Momentum
Growth
EPS 1Y (TTM)-6.11%
EPS 3Y16.64%
EPS 5Y11.18%
EPS Q2Q%-8.62%
EPS Next Y6.25%
EPS Next 2Y3.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)20.59%
Revenue growth 3Y15.35%
Revenue growth 5Y15.27%
Sales Q2Q%18.8%
Revenue Next Year1.35%
Revenue Next 2Y2.82%
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 1Y0.08%
FCF growth 3Y22.74%
FCF growth 5Y15.11%
OCF growth 1Y8.52%
OCF growth 3Y18.17%
OCF growth 5Y13.87%
SUMMIT FINANCIAL GROUP INC / SMMF FAQ
Can you provide the ChartMill fundamental rating for SUMMIT FINANCIAL GROUP INC?
ChartMill assigns a fundamental rating of 4 / 10 to SMMF.
What is the valuation status of SUMMIT FINANCIAL GROUP INC (SMMF) stock?
ChartMill assigns a valuation rating of 7 / 10 to SUMMIT FINANCIAL GROUP INC (SMMF). This can be considered as Undervalued.
Can you provide the profitability details for SUMMIT FINANCIAL GROUP INC?
SUMMIT FINANCIAL GROUP INC (SMMF) has a profitability rating of 4 / 10.
What is the valuation of SUMMIT FINANCIAL GROUP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SUMMIT FINANCIAL GROUP INC (SMMF) is 6.69 and the Price/Book (PB) ratio is 0.86.
Can you provide the expected EPS growth for SMMF stock?
The Earnings per Share (EPS) of SUMMIT FINANCIAL GROUP INC (SMMF) is expected to grow by 6.25% in the next year.