WEST BANCORPORATION (WTBA) Stock Fundamental Analysis
USA - NASDAQ:WTBA - US95123P1066 - Common Stock
21.74 USD
+0.25 (+1.16%)
21.74 USD
0 (0%)
Taking everything into account, WTBA scores 4 out of 10 in our fundamental rating. WTBA was compared to 388 industry peers in the Banks industry. WTBA has a medium profitability rating, but doesn't score so well on its financial health evaluation. WTBA is not priced too expensively while it is growing strongly. Keep and eye on this one! WTBA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WTBA had positive earnings in the past year.
WTBA had a positive operating cash flow in the past year.
Each year in the past 5 years WTBA has been profitable.
WTBA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.81%, WTBA is in line with its industry, outperforming 45.10% of the companies in the same industry.
WTBA has a Return On Equity of 12.63%. This is amongst the best in the industry. WTBA outperforms 85.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 12.63% | ||
| ROIC | N/A |
ROA(3y)0.84%
ROA(5y)0.99%
ROE(3y)14.42%
ROE(5y)15.39%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 34.74%, WTBA belongs to the best of the industry, outperforming 91.75% of the companies in the same industry.
In the last couple of years the Profit Margin of WTBA has declined.
The Operating Margin and Gross Margin are not available for WTBA so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 34.74% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-13.97%
PM growth 5Y-4.74%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
WTBA does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WTBA has been increased compared to 1 year ago.
Compared to 5 years ago, WTBA has more shares outstanding
Compared to 1 year ago, WTBA has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of WTBA is 2.98, which is a good value as it means it would take WTBA, 2.98 years of fcf income to pay off all of its debts.
WTBA's Debt to FCF ratio of 2.98 is on the low side compared to the rest of the industry. WTBA is outperformed by 61.08% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that WTBA is not too dependend on debt financing.
WTBA has a Debt to Equity ratio of 0.47. This is in the lower half of the industry: WTBA underperforms 76.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.98 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.27%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
WTBA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.54%, which is quite impressive.
WTBA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.04% yearly.
WTBA shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.18%.
The Revenue has been growing slightly by 1.33% on average over the past years.
EPS 1Y (TTM)51.54%
EPS 3Y-20.27%
EPS 5Y-3.04%
EPS Q2Q%57.14%
Revenue 1Y (TTM)20.18%
Revenue growth 3Y-8.69%
Revenue growth 5Y1.33%
Sales Q2Q%23.06%
3.2 Future
WTBA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.70% yearly.
Based on estimates for the next years, WTBA will show a quite strong growth in Revenue. The Revenue will grow by 15.44% on average per year.
EPS Next Y38.99%
EPS Next 2Y27.86%
EPS Next 3Y21.7%
EPS Next 5YN/A
Revenue Next Year20.19%
Revenue Next 2Y15.44%
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
WTBA is valuated reasonably with a Price/Earnings ratio of 11.04.
WTBA's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of WTBA to the average of the S&P500 Index (26.06), we can say WTBA is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.87, the valuation of WTBA can be described as very reasonable.
WTBA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WTBA is cheaper than 67.27% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, WTBA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 8.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WTBA indicates a somewhat cheap valuation: WTBA is cheaper than 71.39% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.21 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as WTBA's earnings are expected to grow with 21.70% in the coming years.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y27.86%
EPS Next 3Y21.7%
5. Dividend
5.1 Amount
WTBA has a Yearly Dividend Yield of 4.69%, which is a nice return.
Compared to an average industry Dividend Yield of 3.38, WTBA pays a better dividend. On top of this WTBA pays more dividend than 86.08% of the companies listed in the same industry.
WTBA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
5.2 History
The dividend of WTBA has a limited annual growth rate of 3.82%.
WTBA has paid a dividend for at least 10 years, which is a reliable track record.
WTBA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.82%
Div Incr Years0
Div Non Decr Years13
5.3 Sustainability
WTBA pays out 52.39% of its income as dividend. This is a bit on the high side, but may be sustainable.
WTBA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.39%
EPS Next 2Y27.86%
EPS Next 3Y21.7%
21.74
+0.25 (+1.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners46%
Inst Owner Change-0.29%
Ins Owners4.3%
Ins Owner Change0%
Market Cap368.28M
Revenue(TTM)92.78M
Net Income(TTM)32.23M
Analysts43.33
Price Target24.48 (12.6%)
Short Float %2.52%
Short Ratio10.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
Yearly Dividend1
Dividend Growth(5Y)3.82%
DP52.39%
Div Incr Years0
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.06%
Min EPS beat(2)2.17%
Max EPS beat(2)15.96%
EPS beat(4)4
Avg EPS beat(4)14.23%
Min EPS beat(4)2.17%
Max EPS beat(4)20.1%
EPS beat(8)6
Avg EPS beat(8)10.17%
EPS beat(12)9
Avg EPS beat(12)8%
EPS beat(16)12
Avg EPS beat(16)6.7%
Revenue beat(2)1
Avg Revenue beat(2)0.35%
Min Revenue beat(2)-0.59%
Max Revenue beat(2)1.3%
Revenue beat(4)2
Avg Revenue beat(4)0.24%
Min Revenue beat(4)-4.56%
Max Revenue beat(4)4.79%
Revenue beat(8)2
Avg Revenue beat(8)-0.75%
Revenue beat(12)2
Avg Revenue beat(12)-2.02%
Revenue beat(16)2
Avg Revenue beat(16)-1.96%
PT rev (1m)17.07%
PT rev (3m)11.63%
EPS NQ rev (1m)12.7%
EPS NQ rev (3m)12.7%
EPS NY rev (1m)7.58%
EPS NY rev (3m)7.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 8.87 | ||
| P/S | 3.97 | ||
| P/FCF | 9.21 | ||
| P/OCF | 8.11 | ||
| P/B | 1.44 | ||
| P/tB | 1.44 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.97
EY9.06%
EPS(NY)2.45
Fwd EY11.28%
FCF(TTM)2.36
FCFY10.85%
OCF(TTM)2.68
OCFY12.34%
SpS5.48
BVpS15.06
TBVpS15.06
PEG (NY)0.28
PEG (5Y)N/A
Graham Number25.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 12.63% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 34.74% | ||
| GM | N/A | ||
| FCFM | 43.07% |
ROA(3y)0.84%
ROA(5y)0.99%
ROE(3y)14.42%
ROE(5y)15.39%
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 3Y-13.97%
PM growth 5Y-4.74%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.98 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 120.79% | ||
| Cap/Sales | 5.9% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 123.99% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC16.27%
ROIC/WACCN/A
Cap/Depr(3y)1361.06%
Cap/Depr(5y)964.1%
Cap/Sales(3y)33.22%
Cap/Sales(5y)22.1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.54%
EPS 3Y-20.27%
EPS 5Y-3.04%
EPS Q2Q%57.14%
EPS Next Y38.99%
EPS Next 2Y27.86%
EPS Next 3Y21.7%
EPS Next 5YN/A
Revenue 1Y (TTM)20.18%
Revenue growth 3Y-8.69%
Revenue growth 5Y1.33%
Sales Q2Q%23.06%
Revenue Next Year20.19%
Revenue Next 2Y15.44%
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 1Y841.47%
FCF growth 3Y-34.72%
FCF growth 5Y-17.57%
OCF growth 1Y59.1%
OCF growth 3Y-11.73%
OCF growth 5Y1.49%
WEST BANCORPORATION / WTBA FAQ
Can you provide the ChartMill fundamental rating for WEST BANCORPORATION?
ChartMill assigns a fundamental rating of 4 / 10 to WTBA.
What is the valuation status of WEST BANCORPORATION (WTBA) stock?
ChartMill assigns a valuation rating of 6 / 10 to WEST BANCORPORATION (WTBA). This can be considered as Fairly Valued.
Can you provide the profitability details for WEST BANCORPORATION?
WEST BANCORPORATION (WTBA) has a profitability rating of 4 / 10.
What is the valuation of WEST BANCORPORATION based on its PE and PB ratios?
The Price/Earnings (PE) ratio for WEST BANCORPORATION (WTBA) is 11.04 and the Price/Book (PB) ratio is 1.44.
How financially healthy is WEST BANCORPORATION?
The financial health rating of WEST BANCORPORATION (WTBA) is 1 / 10.