ASSOCIATED BANC-CORP (ASB) Stock Fundamental Analysis
USA - NYSE:ASB - US0454871056 - Common Stock
25.63 USD
+1.01 (+4.1%)
25.63 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to ASB. ASB was compared to 388 industry peers in the Banks industry. ASB has a bad profitability rating. Also its financial health evaluation is rather negative. ASB is not valued too expensively and it also shows a decent growth rate. ASB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ASB had positive earnings in the past year.
In the past year ASB had a positive cash flow from operations.
In the past 5 years ASB has always been profitable.
In the past 5 years ASB always reported a positive cash flow from operatings.
1.2 Ratios
ASB has a worse Return On Assets (0.37%) than 84.28% of its industry peers.
ASB's Return On Equity of 3.36% is on the low side compared to the rest of the industry. ASB is outperformed by 83.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 3.36% | ||
| ROIC | N/A |
ROA(3y)0.52%
ROA(5y)0.67%
ROE(3y)5.09%
ROE(5y)6.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ASB has a worse Profit Margin (14.09%) than 79.12% of its industry peers.
In the last couple of years the Profit Margin of ASB has declined.
The Operating Margin and Gross Margin are not available for ASB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 14.09% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.12%
PM growth 5Y-15.92%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ASB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ASB has more shares outstanding
Compared to 5 years ago, ASB has more shares outstanding
Compared to 1 year ago, ASB has a worse debt to assets ratio.
2.2 Solvency
ASB has a debt to FCF ratio of 1.77. This is a very positive value and a sign of high solvency as it would only need 1.77 years to pay back of all of its debts.
ASB has a Debt to FCF ratio (1.77) which is comparable to the rest of the industry.
ASB has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
ASB has a Debt to Equity ratio (0.20) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.77 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
ASB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.79%, which is quite good.
The Earnings Per Share has been growing slightly by 3.84% on average over the past years.
Looking at the last year, ASB shows a small growth in Revenue. The Revenue has grown by 5.93% in the last year.
Measured over the past years, ASB shows a decrease in Revenue. The Revenue has been decreasing by -3.13% on average per year.
EPS 1Y (TTM)9.79%
EPS 3Y2.96%
EPS 5Y3.84%
EPS Q2Q%30.36%
Revenue 1Y (TTM)5.93%
Revenue growth 3Y-0.65%
Revenue growth 5Y-3.13%
Sales Q2Q%17.21%
3.2 Future
The Earnings Per Share is expected to grow by 9.84% on average over the next years. This is quite good.
Based on estimates for the next years, ASB will show a quite strong growth in Revenue. The Revenue will grow by 10.40% on average per year.
EPS Next Y13.68%
EPS Next 2Y9.33%
EPS Next 3Y9.84%
EPS Next 5YN/A
Revenue Next Year20.95%
Revenue Next 2Y12.87%
Revenue Next 3Y10.4%
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 9.93 indicates a reasonable valuation of ASB.
Compared to the rest of the industry, the Price/Earnings ratio of ASB indicates a somewhat cheap valuation: ASB is cheaper than 75.26% of the companies listed in the same industry.
ASB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.45.
Based on the Price/Forward Earnings ratio of 8.97, the valuation of ASB can be described as reasonable.
ASB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ASB is cheaper than 67.53% of the companies in the same industry.
ASB is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.93 | ||
| Fwd PE | 8.97 |
4.2 Price Multiples
82.47% of the companies in the same industry are more expensive than ASB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.55 | ||
| 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.
PEG (NY)0.73
PEG (5Y)2.59
EPS Next 2Y9.33%
EPS Next 3Y9.84%
5. Dividend
5.1 Amount
ASB has a Yearly Dividend Yield of 6.77%, which is a nice return.
Compared to an average industry Dividend Yield of 3.39, ASB pays a better dividend. On top of this ASB pays more dividend than 94.59% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, ASB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.77% |
5.2 History
The dividend of ASB has a limited annual growth rate of 3.73%.
ASB has paid a dividend for at least 10 years, which is a reliable track record.
ASB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.73%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
101.18% of the earnings are spent on dividend by ASB. This is not a sustainable payout ratio.
The dividend of ASB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP101.18%
EPS Next 2Y9.33%
EPS Next 3Y9.84%
25.63
+1.01 (+4.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners86.66%
Inst Owner Change1.25%
Ins Owners0.77%
Ins Owner Change-0.11%
Market Cap4.25B
Revenue(TTM)1.16B
Net Income(TTM)163.70M
Analysts68.57
Price Target29.78 (16.19%)
Short Float %2.67%
Short Ratio2.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.77% |
Yearly Dividend0.95
Dividend Growth(5Y)3.73%
DP101.18%
Div Incr Years13
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.47%
Min EPS beat(2)4.04%
Max EPS beat(2)6.9%
EPS beat(4)4
Avg EPS beat(4)6.11%
Min EPS beat(4)4.04%
Max EPS beat(4)8.15%
EPS beat(8)8
Avg EPS beat(8)10.29%
EPS beat(12)11
Avg EPS beat(12)7.02%
EPS beat(16)15
Avg EPS beat(16)9.65%
Revenue beat(2)2
Avg Revenue beat(2)0.83%
Min Revenue beat(2)0.23%
Max Revenue beat(2)1.43%
Revenue beat(4)3
Avg Revenue beat(4)8.86%
Min Revenue beat(4)-1.88%
Max Revenue beat(4)35.66%
Revenue beat(8)4
Avg Revenue beat(8)8.3%
Revenue beat(12)4
Avg Revenue beat(12)4.7%
Revenue beat(16)7
Avg Revenue beat(16)3.84%
PT rev (1m)2.1%
PT rev (3m)2.1%
EPS NQ rev (1m)1.68%
EPS NQ rev (3m)0.97%
EPS NY rev (1m)2.62%
EPS NY rev (3m)6.73%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)0.47%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.93 | ||
| Fwd PE | 8.97 | ||
| P/S | 3.66 | ||
| P/FCF | 7.55 | ||
| P/OCF | 7.03 | ||
| P/B | 0.87 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.58
EY10.07%
EPS(NY)2.86
Fwd EY11.15%
FCF(TTM)3.39
FCFY13.24%
OCF(TTM)3.65
OCFY14.23%
SpS7
BVpS29.35
TBVpS22.03
PEG (NY)0.73
PEG (5Y)2.59
Graham Number41.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 3.36% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 14.09% | ||
| GM | N/A | ||
| FCFM | 48.45% |
ROA(3y)0.52%
ROA(5y)0.67%
ROE(3y)5.09%
ROE(5y)6.1%
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-30.12%
PM growth 5Y-15.92%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.77 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 70.74% | ||
| Cap/Sales | 3.6% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 343.83% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC19%
ROIC/WACCN/A
Cap/Depr(3y)101.71%
Cap/Depr(5y)88.11%
Cap/Sales(3y)5%
Cap/Sales(5y)4.84%
Profit Quality(3y)309.46%
Profit Quality(5y)249.06%
High Growth Momentum
Growth
EPS 1Y (TTM)9.79%
EPS 3Y2.96%
EPS 5Y3.84%
EPS Q2Q%30.36%
EPS Next Y13.68%
EPS Next 2Y9.33%
EPS Next 3Y9.84%
EPS Next 5YN/A
Revenue 1Y (TTM)5.93%
Revenue growth 3Y-0.65%
Revenue growth 5Y-3.13%
Sales Q2Q%17.21%
Revenue Next Year20.95%
Revenue Next 2Y12.87%
Revenue Next 3Y10.4%
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 1Y27.46%
FCF growth 3Y3.89%
FCF growth 5Y1.1%
OCF growth 1Y20.37%
OCF growth 3Y3.09%
OCF growth 5Y0.21%
ASSOCIATED BANC-CORP / ASB FAQ
What is the ChartMill fundamental rating of ASSOCIATED BANC-CORP (ASB) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ASB.
What is the valuation status of ASSOCIATED BANC-CORP (ASB) stock?
ChartMill assigns a valuation rating of 6 / 10 to ASSOCIATED BANC-CORP (ASB). This can be considered as Fairly Valued.
How profitable is ASSOCIATED BANC-CORP (ASB) stock?
ASSOCIATED BANC-CORP (ASB) has a profitability rating of 2 / 10.
What is the financial health of ASSOCIATED BANC-CORP (ASB) stock?
The financial health rating of ASSOCIATED BANC-CORP (ASB) is 2 / 10.
What is the earnings growth outlook for ASSOCIATED BANC-CORP?
The Earnings per Share (EPS) of ASSOCIATED BANC-CORP (ASB) is expected to grow by 13.68% in the next year.