49.14 USD
+1.65 (+3.47%)
49.14 USD
0 (0%)
WABC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 387 industry peers in the Banks industry. While WABC is still in line with the averages on profitability rating, there are concerns on its financial health. WABC is valued correctly, but it does not seem to be growing. Finally WABC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WABC had positive earnings in the past year.
WABC had a positive operating cash flow in the past year.
Each year in the past 5 years WABC has been profitable.
In the past 5 years WABC always reported a positive cash flow from operatings.
1.2 Ratios
WABC has a better Return On Assets (2.18%) than 97.42% of its industry peers.
Looking at the Return On Equity, with a value of 13.76%, WABC belongs to the top of the industry, outperforming 91.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 13.76% | ||
| ROIC | N/A |
ROA(3y)2.19%
ROA(5y)1.79%
ROE(3y)18.92%
ROE(5y)15.35%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 46.19%, WABC belongs to the best of the industry, outperforming 99.48% of the companies in the same industry.
WABC's Profit Margin has improved in the last couple of years.
WABC 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) | 46.19% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y5.43%
PM growth 5Y3.69%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
WABC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, WABC has about the same amount of shares outstanding.
Compared to 5 years ago, WABC has less shares outstanding
Compared to 1 year ago, WABC has a worse debt to assets ratio.
2.2 Solvency
WABC has a debt to FCF ratio of 0.75. This is a very positive value and a sign of high solvency as it would only need 0.75 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.75, WABC is in the better half of the industry, outperforming 74.94% of the companies in the same industry.
WABC has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of WABC (0.11) is better than 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.75 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.06%
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 WABC have decreased strongly by -15.78% in the last year.
WABC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.61% yearly.
WABC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.21%.
WABC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.54% yearly.
EPS 1Y (TTM)-15.78%
EPS 3Y17.26%
EPS 5Y11.61%
EPS Q2Q%-11.81%
Revenue 1Y (TTM)-13.21%
Revenue growth 3Y11%
Revenue growth 5Y7.54%
Sales Q2Q%-13.95%
3.2 Future
Based on estimates for the next years, WABC will show a decrease in Earnings Per Share. The EPS will decrease by -8.32% on average per year.
Based on estimates for the next years, WABC will show a decrease in Revenue. The Revenue will decrease by -8.55% on average per year.
EPS Next Y-11.57%
EPS Next 2Y-10.79%
EPS Next 3Y-8.32%
EPS Next 5YN/A
Revenue Next Year-12.04%
Revenue Next 2Y-10.5%
Revenue Next 3Y-8.55%
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
With a Price/Earnings ratio of 10.71, the valuation of WABC can be described as very reasonable.
68.22% of the companies in the same industry are more expensive than WABC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.98. WABC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.97, the valuation of WABC can be described as very reasonable.
63.82% of the companies in the same industry are cheaper than WABC, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of WABC to the average of the S&P500 Index (35.79), we can say WABC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.71 | ||
| Fwd PE | 11.97 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, WABC is valued a bit cheaper than 72.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.13 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as WABC's earnings are expected to decrease with -8.32% in the coming years.
PEG (NY)N/A
PEG (5Y)0.92
EPS Next 2Y-10.79%
EPS Next 3Y-8.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.90%, WABC has a reasonable but not impressive dividend return.
WABC's Dividend Yield is a higher than the industry average which is at 3.33.
Compared to an average S&P500 Dividend Yield of 2.41, WABC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
5.2 History
The dividend of WABC has a limited annual growth rate of 1.51%.
WABC has been paying a dividend for at least 10 years, so it has a reliable track record.
WABC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.51%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
WABC pays out 37.25% of its income as dividend. This is a sustainable payout ratio.
DP37.25%
EPS Next 2Y-10.79%
EPS Next 3Y-8.32%
49.14
+1.65 (+3.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners79.87%
Inst Owner Change-2.04%
Ins Owners4.71%
Ins Owner Change0%
Market Cap1.23B
Revenue(TTM)264.32M
Net Income(TTM)126.86M
Analysts45.71
Price Target54.06 (10.01%)
Short Float %1.57%
Short Ratio2.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
Yearly Dividend1.76
Dividend Growth(5Y)1.51%
DP37.25%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.51%
Min EPS beat(2)2.39%
Max EPS beat(2)2.62%
EPS beat(4)3
Avg EPS beat(4)1.11%
Min EPS beat(4)-1.41%
Max EPS beat(4)2.62%
EPS beat(8)5
Avg EPS beat(8)1.03%
EPS beat(12)8
Avg EPS beat(12)4.06%
EPS beat(16)11
Avg EPS beat(16)3.94%
Revenue beat(2)0
Avg Revenue beat(2)-2.68%
Min Revenue beat(2)-3.34%
Max Revenue beat(2)-2.03%
Revenue beat(4)0
Avg Revenue beat(4)-3.23%
Min Revenue beat(4)-6.87%
Max Revenue beat(4)-0.68%
Revenue beat(8)1
Avg Revenue beat(8)-2.32%
Revenue beat(12)3
Avg Revenue beat(12)-0.94%
Revenue beat(16)5
Avg Revenue beat(16)-0.73%
PT rev (1m)-1.85%
PT rev (3m)-1.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)2.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.71 | ||
| Fwd PE | 11.97 | ||
| P/S | 4.46 | ||
| P/FCF | 9.13 | ||
| P/OCF | 8.99 | ||
| P/B | 1.33 | ||
| P/tB | 1.53 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.59
EY9.34%
EPS(NY)4.11
Fwd EY8.36%
FCF(TTM)5.38
FCFY10.95%
OCF(TTM)5.46
OCFY11.12%
SpS11.02
BVpS36.97
TBVpS32.09
PEG (NY)N/A
PEG (5Y)0.92
Graham Number61.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 13.76% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 46.19% | ||
| GM | N/A | ||
| FCFM | 48.84% |
ROA(3y)2.19%
ROA(5y)1.79%
ROE(3y)18.92%
ROE(5y)15.35%
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 3Y5.43%
PM growth 5Y3.69%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.75 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 23.78% | ||
| Cap/Sales | 0.76% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 105.74% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC9.06%
ROIC/WACCN/A
Cap/Depr(3y)10.48%
Cap/Depr(5y)9.8%
Cap/Sales(3y)0.42%
Cap/Sales(5y)0.58%
Profit Quality(3y)96.83%
Profit Quality(5y)104.55%
High Growth Momentum
Growth
EPS 1Y (TTM)-15.78%
EPS 3Y17.26%
EPS 5Y11.61%
EPS Q2Q%-11.81%
EPS Next Y-11.57%
EPS Next 2Y-10.79%
EPS Next 3Y-8.32%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.21%
Revenue growth 3Y11%
Revenue growth 5Y7.54%
Sales Q2Q%-13.95%
Revenue Next Year-12.04%
Revenue Next 2Y-10.5%
Revenue Next 3Y-8.55%
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-24.72%
FCF growth 3Y16.96%
FCF growth 5Y12.76%
OCF growth 1Y-23.89%
OCF growth 3Y16.86%
OCF growth 5Y11.9%
WESTAMERICA BANCORPORATION / WABC FAQ
What is the fundamental rating for WABC stock?
ChartMill assigns a fundamental rating of 4 / 10 to WABC.
What is the valuation status for WABC stock?
ChartMill assigns a valuation rating of 4 / 10 to WESTAMERICA BANCORPORATION (WABC). This can be considered as Fairly Valued.
What is the profitability of WABC stock?
WESTAMERICA BANCORPORATION (WABC) has a profitability rating of 5 / 10.
How financially healthy is WESTAMERICA BANCORPORATION?
The financial health rating of WESTAMERICA BANCORPORATION (WABC) is 3 / 10.
What is the expected EPS growth for WESTAMERICA BANCORPORATION (WABC) stock?
The Earnings per Share (EPS) of WESTAMERICA BANCORPORATION (WABC) is expected to decline by -11.57% in the next year.