VERSABANK (VBNK) Stock Fundamental Analysis
NASDAQ:VBNK - CA92512J1066 - Common Stock
11.36 USD
+0.34 (+3.09%)
11.94 USD
+0.58 (+5.11%)
Taking everything into account, VBNK scores 4 out of 10 in our fundamental rating. VBNK was compared to 395 industry peers in the Banks industry. VBNK may be in some trouble as it scores bad on both profitability and health. VBNK is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
VBNK had positive earnings in the past year.
In the past year VBNK had a positive cash flow from operations.
VBNK had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: VBNK reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.62%, VBNK is doing worse than 68.86% of the companies in the same industry.
With a Return On Equity value of 5.94%, VBNK is not doing good in the industry: 70.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | 5.94% | ||
| ROIC | N/A |
ROA(3y)0.81%
ROA(5y)0.84%
ROE(3y)8.94%
ROE(5y)7.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VBNK has a better Profit Margin (27.97%) than 73.92% of its industry peers.
VBNK's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for VBNK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.97% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.95%
PM growth 5Y0.79%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
VBNK does not have a ROIC to compare to the WACC, probably because it is not profitable.
VBNK has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, VBNK has more shares outstanding
VBNK has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of VBNK is 2.15, which is a good value as it means it would take VBNK, 2.15 years of fcf income to pay off all of its debts.
VBNK's Debt to FCF ratio of 2.15 is in line compared to the rest of the industry. VBNK outperforms 46.58% of its industry peers.
VBNK has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.20, VBNK is in line with its industry, outperforming 41.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.15 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC32.02%
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 VBNK have decreased strongly by -38.20% in the last year.
VBNK shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.92% yearly.
VBNK shows a decrease in Revenue. In the last year, the revenue decreased by -1.00%.
Measured over the past years, VBNK shows a quite strong growth in Revenue. The Revenue has been growing by 15.67% on average per year.
EPS 1Y (TTM)-38.2%
EPS 3Y15.78%
EPS 5Y11.92%
EPS Q2Q%-42.22%
Revenue 1Y (TTM)-1%
Revenue growth 3Y19.53%
Revenue growth 5Y15.67%
Sales Q2Q%6.82%
3.2 Future
The Earnings Per Share is expected to grow by 25.62% on average over the next years. This is a very strong growth
Based on estimates for the next years, VBNK will show a very strong growth in Revenue. The Revenue will grow by 29.96% on average per year.
EPS Next Y-21.96%
EPS Next 2Y25.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year19.21%
Revenue Next 2Y29.96%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.20 indicates a correct valuation of VBNK.
Compared to the rest of the industry, the Price/Earnings ratio of VBNK is on the same level as its industry peers.
When comparing the Price/Earnings ratio of VBNK to the average of the S&P500 Index (26.84), we can say VBNK is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 6.66, the valuation of VBNK can be described as very cheap.
93.92% of the companies in the same industry are more expensive than VBNK, based on the Price/Forward Earnings ratio.
VBNK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.48.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.2 | ||
| Fwd PE | 6.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VBNK indicates a somewhat cheap valuation: VBNK is cheaper than 70.63% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.36 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
VBNK's earnings are expected to grow with 25.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.19
EPS Next 2Y25.62%
EPS Next 3YN/A
5. Dividend
5.1 Amount
VBNK has a yearly dividend return of 0.67%, which is pretty low.
With a Dividend Yield of 0.67, VBNK pays less dividend than the industry average, which is at 3.17. 84.30% of the companies listed in the same industry pay a better dividend than VBNK!
Compared to an average S&P500 Dividend Yield of 2.32, VBNK's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
5.2 History
The dividend of VBNK decreases each year by -4.67%.
VBNK has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-4.67%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
VBNK pays out 10.89% of its income as dividend. This is a sustainable payout ratio.
DP10.89%
EPS Next 2Y25.62%
EPS Next 3YN/A
11.36
+0.34 (+3.09%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners36.13%
Inst Owner Change-6.21%
Ins Owners0.92%
Ins Owner ChangeN/A
Market Cap366.25M
Analysts82.5
Price Target14.68 (29.23%)
Short Float %0.4%
Short Ratio1.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
Yearly Dividend0.1
Dividend Growth(5Y)-4.67%
DP10.89%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.78%
Min EPS beat(2)-29.01%
Max EPS beat(2)-10.56%
EPS beat(4)0
Avg EPS beat(4)-29.26%
Min EPS beat(4)-52.56%
Max EPS beat(4)-10.56%
EPS beat(8)2
Avg EPS beat(8)-13.99%
EPS beat(12)4
Avg EPS beat(12)-8.25%
EPS beat(16)4
Avg EPS beat(16)-10.06%
Revenue beat(2)1
Avg Revenue beat(2)-7.62%
Min Revenue beat(2)-16.53%
Max Revenue beat(2)1.29%
Revenue beat(4)1
Avg Revenue beat(4)-8.79%
Min Revenue beat(4)-16.53%
Max Revenue beat(4)1.29%
Revenue beat(8)1
Avg Revenue beat(8)-9.32%
Revenue beat(12)4
Avg Revenue beat(12)-5.97%
Revenue beat(16)5
Avg Revenue beat(16)-4.13%
PT rev (1m)-0.72%
PT rev (3m)-6.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-30.77%
EPS NY rev (1m)-22.18%
EPS NY rev (3m)-22.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.08%
Revenue NY rev (1m)3.71%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.2 | ||
| Fwd PE | 6.66 | ||
| P/S | 4.5 | ||
| P/FCF | 10.36 | ||
| P/OCF | 9.77 | ||
| P/B | 0.96 | ||
| P/tB | 1 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.8
EY7.04%
EPS(NY)1.71
Fwd EY15.01%
FCF(TTM)1.1
FCFY9.65%
OCF(TTM)1.16
OCFY10.24%
SpS2.53
BVpS11.89
TBVpS11.36
PEG (NY)N/A
PEG (5Y)1.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | 5.94% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.97% | ||
| GM | N/A | ||
| FCFM | 43.43% |
ROA(3y)0.81%
ROA(5y)0.84%
ROE(3y)8.94%
ROE(5y)7.96%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.95%
PM growth 5Y0.79%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.15 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 101.59% | ||
| Cap/Sales | 2.62% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 155.25% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC32.02%
ROIC/WACCN/A
Cap/Depr(3y)251.87%
Cap/Depr(5y)154.76%
Cap/Sales(3y)5.89%
Cap/Sales(5y)3.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.2%
EPS 3Y15.78%
EPS 5Y11.92%
EPS Q2Q%-42.22%
EPS Next Y-21.96%
EPS Next 2Y25.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1%
Revenue growth 3Y19.53%
Revenue growth 5Y15.67%
Sales Q2Q%6.82%
Revenue Next Year19.21%
Revenue Next 2Y29.96%
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-74.88%
FCF growth 3YN/A
FCF growth 5Y66.94%
OCF growth 1Y-73.46%
OCF growth 3YN/A
OCF growth 5Y68.97%