STOCK YARDS BANCORP INC (SYBT)
US8610251048 - Common Stock
Taking everything into account, SYBT scores 3 out of 10 in our fundamental rating. SYBT was compared to 412 industry peers in the Banks industry. There are concerns on the financial health of SYBT while its profitability can be described as average. SYBT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SYBT had positive earnings in the past year.
In the past year SYBT had a positive cash flow from operations.
SYBT had positive earnings in each of the past 5 years.
Each year in the past 5 years SYBT had a positive operating cash flow.
1.2 Ratios
SYBT has a Return On Assets of 1.32%. This is amongst the best in the industry. SYBT outperforms 83.25% of its industry peers.
The Return On Equity of SYBT (12.56%) is better than 80.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 12.56% | ||
| ROIC | N/A |
ROA(3y)1.23%
ROA(5y)1.35%
ROE(3y)11.94%
ROE(5y)13.09%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 31.73%, SYBT belongs to the best of the industry, outperforming 82.52% of the companies in the same industry.
SYBT's Profit Margin has declined in the last couple of years.
SYBT 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) | 31.73% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.39%
PM growth 5Y-1.8%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SYBT does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SYBT has about the same amount of shares outstanding.
The number of shares outstanding for SYBT has been increased compared to 5 years ago.
The debt/assets ratio for SYBT is higher compared to a year ago.
2.2 Solvency
SYBT has a debt to FCF ratio of 1.95. This is a very positive value and a sign of high solvency as it would only need 1.95 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.95, SYBT is in line with its industry, outperforming 59.22% of the companies in the same industry.
SYBT has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
SYBT has a Debt to Equity ratio (0.22) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.95 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.02%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SYBT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.41%, which is quite good.
SYBT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.78% yearly.
The Revenue has been growing slightly by 5.28% in the past year.
Measured over the past years, SYBT shows a quite strong growth in Revenue. The Revenue has been growing by 16.28% on average per year.
EPS 1Y (TTM)15.41%
EPS 3Y12.18%
EPS 5Y8.78%
EPS growth Q2Q-18.81%
Revenue 1Y (TTM)5.28%
Revenue growth 3Y21.83%
Revenue growth 5Y16.28%
Revenue growth Q2Q-2.23%
3.2 Future
The Earnings Per Share is expected to decrease by -0.22% on average over the next years.
Based on estimates for the next years, SYBT will show a small growth in Revenue. The Revenue will grow by 3.22% on average per year.
EPS Next Y-6.26%
EPS Next 2Y-0.22%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.89%
Revenue Next 2Y3.22%
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
SYBT is valuated reasonably with a Price/Earnings ratio of 11.71.
Compared to the rest of the industry, the Price/Earnings ratio of SYBT indicates a slightly more expensive valuation: SYBT is more expensive than 68.93% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.80, SYBT is valued rather cheaply.
A Price/Forward Earnings ratio of 12.49 indicates a correct valuation of SYBT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SYBT indicates a slightly more expensive valuation: SYBT is more expensive than 65.78% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, SYBT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.71 | ||
| Fwd PE | 12.49 |
4.2 Price Multiples
70.15% of the companies in the same industry are cheaper than SYBT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.75 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.33
EPS Next 2Y-0.22%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SYBT has a Yearly Dividend Yield of 2.71%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.91, SYBT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.40, SYBT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
5.2 History
The dividend of SYBT has a limited annual growth rate of 4.20%.
SYBT has paid a dividend for at least 10 years, which is a reliable track record.
SYBT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.2%
Div Incr Years14
Div Non Decr Years19
5.3 Sustainability
32.09% of the earnings are spent on dividend by SYBT. This is a low number and sustainable payout ratio.
DP32.09%
EPS Next 2Y-0.22%
EPS Next 3YN/A
STOCK YARDS BANCORP INC
NASDAQ:SYBT (4/18/2024, 7:22:24 PM)
After market: 42.98 0 (0%)42.98
+0.63 (+1.49%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.26B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 11.71 | ||
| Fwd PE | 12.49 | ||
| 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)N/A
PEG (5Y)1.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 12.56% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 31.73% | ||
| 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 Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| 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)15.41%
EPS 3Y12.18%
EPS 5Y
EPS growth Q2Q
EPS Next Y-6.26%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.28%
Revenue growth 3Y21.83%
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