WEST BANCORPORATION (WTBA) Stock Fundamental Analysis
USA - NASDAQ:WTBA - US95123P1066 - Common Stock
20.44 USD
-0.7 (-3.31%)
20.44 USD
0 (0%)
Overall WTBA gets a fundamental rating of 4 out of 10. We evaluated WTBA against 392 industry peers in the Banks industry. WTBA has a medium profitability rating, but doesn't score so well on its financial health evaluation. WTBA has a decent growth rate and is not valued too expensively. Finally WTBA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WTBA had positive earnings in the past year.
In the past year WTBA had a positive cash flow from operations.
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
With a Return On Assets value of 0.71%, WTBA is not doing good in the industry: 60.46% of the companies in the same industry are doing better.
WTBA has a Return On Equity of 11.98%. This is amongst the best in the industry. WTBA outperforms 82.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 11.98% | ||
| 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 32.77%, WTBA belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
In the last couple of years the Profit Margin of WTBA has declined.
WTBA 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) | 32.77% | ||
| 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.
WTBA has more shares outstanding than it did 1 year ago.
The number of shares outstanding for WTBA has been increased compared to 5 years ago.
The debt/assets ratio for WTBA has been reduced compared to a year ago.
2.2 Solvency
WTBA has a debt to FCF ratio of 3.33. This is a good value and a sign of high solvency as WTBA would need 3.33 years to pay back of all of its debts.
With a Debt to FCF ratio value of 3.33, WTBA is not doing good in the industry: 61.22% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.50 indicates that WTBA is not too dependend on debt financing.
The Debt to Equity ratio of WTBA (0.50) is worse than 76.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.33 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.79%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.15% over the past year.
WTBA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.04% yearly.
The Revenue has grown by 15.41% in the past year. This is quite good.
Measured over the past years, WTBA shows a small growth in Revenue. The Revenue has been growing by 1.33% on average per year.
EPS 1Y (TTM)36.15%
EPS 3Y-20.27%
EPS 5Y-3.04%
EPS Q2Q%51.61%
Revenue 1Y (TTM)15.41%
Revenue growth 3Y-8.69%
Revenue growth 5Y1.33%
Sales Q2Q%21.73%
3.2 Future
The Earnings Per Share is expected to grow by 21.03% on average over the next years. This is a very strong growth
WTBA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.44% yearly.
EPS Next Y29.2%
EPS Next 2Y21.03%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.19%
Revenue Next 2Y15.44%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.55, the valuation of WTBA can be described as reasonable.
Based on the Price/Earnings ratio, WTBA is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
WTBA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.38.
WTBA is valuated reasonably with a Price/Forward Earnings ratio of 9.30.
WTBA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WTBA is cheaper than 66.58% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.86. WTBA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.55 | ||
| Fwd PE | 9.3 |
4.2 Price Multiples
WTBA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WTBA is cheaper than 72.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.58 | ||
| 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 21.03% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y21.03%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.87%, WTBA is a good candidate for dividend investing.
WTBA's Dividend Yield is a higher than the industry average which is at 3.54.
Compared to an average S&P500 Dividend Yield of 2.38, WTBA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.82%
Div Incr Years0
Div Non Decr Years13
5.3 Sustainability
58.40% of the earnings are spent on dividend by WTBA. 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.
DP58.4%
EPS Next 2Y21.03%
EPS Next 3YN/A
20.44
-0.7 (-3.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners46.26%
Inst Owner Change-1.55%
Ins Owners4.3%
Ins Owner Change-2.53%
Market Cap346.25M
Analysts43.33
Price Target20.91 (2.3%)
Short Float %2.41%
Short Ratio12.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Yearly Dividend1
Dividend Growth(5Y)3.82%
DP58.4%
Div Incr Years0
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.42%
Min EPS beat(2)2.17%
Max EPS beat(2)18.68%
EPS beat(4)4
Avg EPS beat(4)12.91%
Min EPS beat(4)2.17%
Max EPS beat(4)20.1%
EPS beat(8)6
Avg EPS beat(8)9.51%
EPS beat(12)9
Avg EPS beat(12)6.88%
EPS beat(16)12
Avg EPS beat(16)6.01%
Revenue beat(2)1
Avg Revenue beat(2)2.1%
Min Revenue beat(2)-0.59%
Max Revenue beat(2)4.79%
Revenue beat(4)1
Avg Revenue beat(4)-0.19%
Min Revenue beat(4)-4.56%
Max Revenue beat(4)4.79%
Revenue beat(8)1
Avg Revenue beat(8)-1.3%
Revenue beat(12)1
Avg Revenue beat(12)-2.17%
Revenue beat(16)2
Avg Revenue beat(16)-1.91%
PT rev (1m)0%
PT rev (3m)2.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.14%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.45%
Revenue NY rev (1m)0.52%
Revenue NY rev (3m)0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.55 | ||
| Fwd PE | 9.3 | ||
| P/S | 3.93 | ||
| P/FCF | 9.58 | ||
| P/OCF | 7.37 | ||
| P/B | 1.44 | ||
| P/tB | 1.44 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.77
EY8.66%
EPS(NY)2.2
Fwd EY10.75%
FCF(TTM)2.13
FCFY10.44%
OCF(TTM)2.77
OCFY13.56%
SpS5.2
BVpS14.22
TBVpS14.22
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 11.98% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 32.77% | ||
| GM | N/A | ||
| FCFM | 41.05% |
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
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 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 | 0.5 | ||
| Debt/FCF | 3.33 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 243.39% | ||
| Cap/Sales | 12.26% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 125.26% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC16.79%
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)36.15%
EPS 3Y-20.27%
EPS 5Y-3.04%
EPS Q2Q%51.61%
EPS Next Y29.2%
EPS Next 2Y21.03%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.41%
Revenue growth 3Y-8.69%
Revenue growth 5Y1.33%
Sales Q2Q%21.73%
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 1Y336.21%
FCF growth 3Y-34.72%
FCF growth 5Y-17.57%
OCF growth 1Y30.27%
OCF growth 3Y-11.73%
OCF growth 5Y1.49%