SOUTHERN STATES BANCSHARES (SSBK) Stock Fundamental Analysis
USA - NASDAQ:SSBK - US8438783073 - Common Stock
36.37 USD
-0.03 (-0.08%)
36.37 USD
0 (0%)
Overall SSBK gets a fundamental rating of 4 out of 10. We evaluated SSBK against 390 industry peers in the Banks industry. There are concerns on the financial health of SSBK while its profitability can be described as average. SSBK has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SSBK had positive earnings in the past year.
In the past year SSBK had a positive cash flow from operations.
SSBK had positive earnings in each of the past 5 years.
In the past 5 years SSBK always reported a positive cash flow from operatings.
1.2 Ratios
SSBK's Return On Assets of 1.30% is amongst the best of the industry. SSBK outperforms 83.63% of its industry peers.
SSBK's Return On Equity of 12.78% is amongst the best of the industry. SSBK outperforms 86.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.3% | ||
| ROE | 12.78% | ||
| ROIC | N/A |
ROA(3y)1.28%
ROA(5y)1.16%
ROE(3y)14.07%
ROE(5y)12.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SSBK's Profit Margin of 35.83% is amongst the best of the industry. SSBK outperforms 92.95% of its industry peers.
SSBK's Profit Margin has improved in the last couple of years.
SSBK 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) | 35.83% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y6.48%
PM growth 5Y21.16%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SSBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
SSBK has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SSBK has been increased compared to 5 years ago.
Compared to 1 year ago, SSBK has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of SSBK is 2.50, which is a good value as it means it would take SSBK, 2.50 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.50, SSBK is in line with its industry, outperforming 40.55% of the companies in the same industry.
SSBK has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
SSBK has a Debt to Equity ratio of 0.31. This is in the lower half of the industry: SSBK underperforms 71.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.5 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.9%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SSBK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.78%, which is quite good.
SSBK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 41.80% yearly.
Looking at the last year, SSBK shows a quite strong growth in Revenue. The Revenue has grown by 9.15% in the last year.
Measured over the past years, SSBK shows a quite strong growth in Revenue. The Revenue has been growing by 18.98% on average per year.
EPS 1Y (TTM)14.78%
EPS 3Y17.53%
EPS 5Y41.8%
EPS Q2Q%14.44%
Revenue 1Y (TTM)9.15%
Revenue growth 3Y15.86%
Revenue growth 5Y18.98%
Sales Q2Q%20.02%
3.2 Future
The Earnings Per Share is expected to grow by 5.38% on average over the next years.
Based on estimates for the next years, SSBK will show a quite strong growth in Revenue. The Revenue will grow by 9.47% on average per year.
EPS Next Y7.33%
EPS Next 2Y5.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.95%
Revenue Next 2Y9.47%
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 decreasing.
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
A Price/Earnings ratio of 9.18 indicates a reasonable valuation of SSBK.
Based on the Price/Earnings ratio, SSBK is valued cheaply inside the industry as 89.17% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.11. SSBK is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.55, the valuation of SSBK can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SSBK indicates a somewhat cheap valuation: SSBK is cheaper than 76.83% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SSBK to the average of the S&P500 Index (22.55), we can say SSBK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.18 | ||
| Fwd PE | 8.55 |
4.2 Price Multiples
64.99% of the companies in the same industry are more expensive than SSBK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.89 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SSBK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.25
PEG (5Y)0.22
EPS Next 2Y5.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SSBK has a yearly dividend return of 0.99%, which is pretty low.
With a Dividend Yield of 0.99, SSBK pays less dividend than the industry average, which is at 3.51. 81.86% of the companies listed in the same industry pay a better dividend than SSBK!
Compared to an average S&P500 Dividend Yield of 2.37, SSBK's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
5.2 History
SSBK has been paying a dividend for over 5 years, so it has already some track record.
SSBK has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
SSBK pays out 9.19% of its income as dividend. This is a sustainable payout ratio.
DP9.19%
EPS Next 2Y5.38%
EPS Next 3YN/A
36.37
-0.03 (-0.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners56.09%
Inst Owner Change-17.13%
Ins Owners12.41%
Ins Owner Change-88.94%
Market Cap360.79M
Revenue(TTM)103.53M
Net Income(TTM)37.10M
Analysts80
Price Target41.31 (13.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend0.35
Dividend Growth(5Y)N/A
DP9.19%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.77%
Min EPS beat(2)1.96%
Max EPS beat(2)3.57%
EPS beat(4)3
Avg EPS beat(4)1.64%
Min EPS beat(4)-9.11%
Max EPS beat(4)10.16%
EPS beat(8)5
Avg EPS beat(8)8.39%
EPS beat(12)9
Avg EPS beat(12)12.04%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.47%
Min Revenue beat(2)-2.94%
Max Revenue beat(2)2%
Revenue beat(4)2
Avg Revenue beat(4)-0.21%
Min Revenue beat(4)-2.94%
Max Revenue beat(4)2%
Revenue beat(8)4
Avg Revenue beat(8)1.4%
Revenue beat(12)8
Avg Revenue beat(12)3.85%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-1.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)1.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.18 | ||
| Fwd PE | 8.55 | ||
| P/S | 3.48 | ||
| P/FCF | 9.89 | ||
| P/OCF | 9.56 | ||
| P/B | 1.24 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.96
EY10.89%
EPS(NY)4.25
Fwd EY11.69%
FCF(TTM)3.68
FCFY10.11%
OCF(TTM)3.8
OCFY10.46%
SpS10.44
BVpS29.25
TBVpS25.05
PEG (NY)1.25
PEG (5Y)0.22
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.3% | ||
| ROE | 12.78% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 35.83% | ||
| GM | N/A | ||
| FCFM | 35.24% |
ROA(3y)1.28%
ROA(5y)1.16%
ROE(3y)14.07%
ROE(5y)12.26%
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 3Y6.48%
PM growth 5Y21.16%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 50.35% | ||
| Cap/Sales | 1.2% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 98.34% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC17.9%
ROIC/WACCN/A
Cap/Depr(3y)84.08%
Cap/Depr(5y)152.31%
Cap/Sales(3y)1.63%
Cap/Sales(5y)5.05%
Profit Quality(3y)121.93%
Profit Quality(5y)108.21%
High Growth Momentum
Growth
EPS 1Y (TTM)14.78%
EPS 3Y17.53%
EPS 5Y41.8%
EPS Q2Q%14.44%
EPS Next Y7.33%
EPS Next 2Y5.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.15%
Revenue growth 3Y15.86%
Revenue growth 5Y18.98%
Sales Q2Q%20.02%
Revenue Next Year11.95%
Revenue Next 2Y9.47%
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-0.4%
FCF growth 3Y14.84%
FCF growth 5Y31.69%
OCF growth 1Y-0.65%
OCF growth 3Y9.98%
OCF growth 5Y29.09%
SOUTHERN STATES BANCSHARES / SSBK FAQ
Can you provide the ChartMill fundamental rating for SOUTHERN STATES BANCSHARES?
ChartMill assigns a fundamental rating of 4 / 10 to SSBK.
What is the valuation status of SOUTHERN STATES BANCSHARES (SSBK) stock?
ChartMill assigns a valuation rating of 6 / 10 to SOUTHERN STATES BANCSHARES (SSBK). This can be considered as Fairly Valued.
What is the profitability of SSBK stock?
SOUTHERN STATES BANCSHARES (SSBK) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for SSBK stock?
The Earnings per Share (EPS) of SOUTHERN STATES BANCSHARES (SSBK) is expected to grow by 7.33% in the next year.
How sustainable is the dividend of SOUTHERN STATES BANCSHARES (SSBK) stock?
The dividend rating of SOUTHERN STATES BANCSHARES (SSBK) is 3 / 10 and the dividend payout ratio is 9.19%.