AMERIS BANCORP (ABCB) Stock Fundamental Analysis
NYSE:ABCB - New York Stock Exchange, Inc. - US03076K1088 - Common Stock - Currency: USD
ABCB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 405 industry peers in the Banks industry. Both the profitability and the financial health of ABCB get a neutral evaluation. Nothing too spectacular is happening here. ABCB is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
ABCB had positive earnings in the past year.
ABCB had a positive operating cash flow in the past year.
ABCB had positive earnings in each of the past 5 years.
ABCB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.25%, ABCB belongs to the top of the industry, outperforming 82.41% of the companies in the same industry.
ABCB has a Return On Equity of 8.97%. This is comparable to the rest of the industry: ABCB outperforms 58.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.25% | ||
| ROE | 8.97% | ||
| ROIC | N/A |
ROA(3y)1.27%
ROA(5y)1.34%
ROE(3y)9.42%
ROE(5y)10.17%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ABCB has a better Profit Margin (29.64%) than 82.66% of its industry peers.
In the last couple of years the Profit Margin of ABCB has grown nicely.
The Operating Margin and Gross Margin are not available for ABCB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.64% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.26%
PM growth 5Y6.47%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ABCB does not have a ROIC to compare to the WACC, probably because it is not profitable.
ABCB has about the same amout of shares outstanding than it did 1 year ago.
ABCB has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ABCB has an improved debt to assets ratio.
2.2 Solvency
ABCB has a debt to FCF ratio of 1.94. This is a very positive value and a sign of high solvency as it would only need 1.94 years to pay back of all of its debts.
The Debt to FCF ratio of ABCB (1.94) is better than 60.80% of its industry peers.
ABCB has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.12, ABCB is in the better half of the industry, outperforming 68.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.94 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.53%
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 25.44% over the past year.
The Earnings Per Share has been growing slightly by 5.77% on average over the past years.
ABCB shows a small growth in Revenue. In the last year, the Revenue has grown by 5.98%.
Measured over the past years, ABCB shows a quite strong growth in Revenue. The Revenue has been growing by 10.19% on average per year.
EPS 1Y (TTM)25.44%
EPS 3Y-2.4%
EPS 5Y5.77%
EPS Q2Q%28.97%
Revenue 1Y (TTM)5.98%
Revenue growth 3Y3.82%
Revenue growth 5Y10.19%
Sales Q2Q%10.84%
3.2 Future
Based on estimates for the next years, ABCB will show a small growth in Earnings Per Share. The EPS will grow by 7.61% on average per year.
ABCB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.03% yearly.
EPS Next Y2.71%
EPS Next 2Y7.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.73%
Revenue Next 2Y7.03%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.62, ABCB is valued correctly.
The rest of the industry has a similar Price/Earnings ratio as ABCB.
Compared to an average S&P500 Price/Earnings ratio of 29.63, ABCB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.28, the valuation of ABCB can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ABCB is on the same level as its industry peers.
ABCB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.62 | ||
| Fwd PE | 12.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ABCB indicates a slightly more expensive valuation: ABCB is more expensive than 65.83% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.78 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)4.66
PEG (5Y)2.19
EPS Next 2Y7.61%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ABCB has a Yearly Dividend Yield of 1.23%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.18, ABCB is paying slightly less dividend.
With a Dividend Yield of 1.23, ABCB pays less dividend than the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
5.2 History
The dividend of ABCB is nicely growing with an annual growth rate of 9.09%!
ABCB has paid a dividend for at least 10 years, which is a reliable track record.
ABCB has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)9.09%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
ABCB pays out 12.56% of its income as dividend. This is a sustainable payout ratio.
The dividend of ABCB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP12.56%
EPS Next 2Y7.61%
EPS Next 3YN/A
63.46
-1.38 (-2.13%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners92.83%
Inst Owner Change0.52%
Ins Owners4.88%
Ins Owner Change-6.08%
Market Cap4.38B
Analysts81.82
Price Target77.52 (22.16%)
Short Float %1.62%
Short Ratio2.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
Yearly Dividend0.6
Dividend Growth(5Y)9.09%
DP12.56%
Div Incr Years0
Div Non Decr Years9
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.58%
Min EPS beat(2)0.78%
Max EPS beat(2)8.38%
EPS beat(4)3
Avg EPS beat(4)1.98%
Min EPS beat(4)-4.97%
Max EPS beat(4)8.38%
EPS beat(8)4
Avg EPS beat(8)-6.7%
EPS beat(12)6
Avg EPS beat(12)-3.43%
EPS beat(16)9
Avg EPS beat(16)1.73%
Revenue beat(2)1
Avg Revenue beat(2)2.51%
Min Revenue beat(2)-3.02%
Max Revenue beat(2)8.04%
Revenue beat(4)2
Avg Revenue beat(4)0.94%
Min Revenue beat(4)-3.02%
Max Revenue beat(4)8.04%
Revenue beat(8)3
Avg Revenue beat(8)0.01%
Revenue beat(12)6
Avg Revenue beat(12)0.69%
Revenue beat(16)7
Avg Revenue beat(16)0.1%
PT rev (1m)0%
PT rev (3m)5.17%
EPS NQ rev (1m)1.17%
EPS NQ rev (3m)-0.65%
EPS NY rev (1m)0.72%
EPS NY rev (3m)0.69%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.62 | ||
| Fwd PE | 12.28 | ||
| P/S | 3.93 | ||
| P/FCF | 19.78 | ||
| P/OCF | 18.53 | ||
| P/B | 1.19 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.03
EY7.93%
EPS(NY)5.17
Fwd EY8.14%
FCF(TTM)3.21
FCFY5.06%
OCF(TTM)3.42
OCFY5.4%
SpS16.13
BVpS53.3
TBVpS37.51
PEG (NY)4.66
PEG (5Y)2.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.25% | ||
| ROE | 8.97% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29.64% | ||
| GM | N/A | ||
| FCFM | 19.89% |
ROA(3y)1.27%
ROA(5y)1.34%
ROE(3y)9.42%
ROE(5y)10.17%
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-5.26%
PM growth 5Y6.47%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.94 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 33.83% | ||
| Cap/Sales | 1.34% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 67.1% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC12.53%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.44%
EPS 3Y-2.4%
EPS 5Y5.77%
EPS Q2Q%28.97%
EPS Next Y2.71%
EPS Next 2Y7.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.98%
Revenue growth 3Y3.82%
Revenue growth 5Y10.19%
Sales Q2Q%10.84%
Revenue Next Year5.73%
Revenue Next 2Y7.03%
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-35.17%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-33.52%
OCF growth 3YN/A
OCF growth 5YN/A