ASSOCIATED BANC-CORP (ASB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASB - US0454871056 - Common Stock
26.44 USD
-1.03 (-3.75%)
26.44 USD
0 (0%)
Taking everything into account, ASB scores 3 out of 10 in our fundamental rating. ASB was compared to 383 industry peers in the Banks industry. ASB has a bad profitability rating. Also its financial health evaluation is rather negative. ASB has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year ASB was profitable.
- In the past year ASB had a positive cash flow from operations.
- Of the past 5 years ASB 4 years were profitable.
- ASB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ASB has a Return On Assets of 0.37%. This is amonst the worse of the industry: ASB underperforms 84.33% of its industry peers.
- The Return On Equity of ASB (3.36%) is worse than 84.07% 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 Profit Margin of 14.09%. This is in the lower half of the industry: ASB underperforms 78.59% of its industry peers.
- ASB's Profit Margin has declined in the last couple of years.
- ASB 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) | 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.
- ASB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
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's Debt to FCF ratio of 1.77 is in line compared to the rest of the industry. ASB outperforms 51.96% of its industry peers.
- A Debt/Equity ratio of 0.20 indicates that ASB is not too dependend on debt financing.
- The Debt to Equity ratio of ASB (0.20) 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
WACC18.89%
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 nice 17.57% over the past year.
- The Earnings Per Share has been growing by 18.95% on average over the past years. This is quite good.
EPS 1Y (TTM)17.57%
EPS 3Y6.14%
EPS 5Y18.95%
EPS Q2Q%40.35%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%12.75%
3.2 Future
- The Earnings Per Share is expected to grow by 6.60% on average over the next years.
- ASB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.93% yearly.
EPS Next Y1.14%
EPS Next 2Y6.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.69%
Revenue Next 2Y10.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 9.41, the valuation of ASB can be described as reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of ASB indicates a rather cheap valuation: ASB is cheaper than 86.95% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of ASB to the average of the S&P500 Index (27.21), we can say ASB is valued rather cheaply.
- The Price/Forward Earnings ratio is 9.30, which indicates a very decent valuation of ASB.
- Based on the Price/Forward Earnings ratio, ASB is valued a bit cheaper than 73.11% of the companies in the same industry.
- ASB is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.41 | ||
| Fwd PE | 9.3 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, ASB is valued cheaper than 80.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.79 | ||
| 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)8.23
PEG (5Y)0.5
EPS Next 2Y6.6%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- ASB has a Yearly Dividend Yield of 3.49%. Purely for dividend investing, there may be better candidates out there.
- ASB's Dividend Yield is a higher than the industry average which is at 2.61.
- Compared to an average S&P500 Dividend Yield of 1.81, ASB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
5.2 History
- The dividend of ASB has a limited annual growth rate of 3.73%.
- ASB has been paying a dividend for at least 10 years, so it has a reliable track record.
- ASB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.73%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
- ASB pays out 101.18% of its income as dividend. This is not a sustainable payout ratio.
- ASB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP101.18%
EPS Next 2Y6.6%
EPS Next 3YN/A
ASSOCIATED BANC-CORP / ASB FAQ
What is the ChartMill fundamental rating of ASSOCIATED BANC-CORP (ASB) stock?
ChartMill assigns a fundamental rating of 3 / 10 to ASB.
What is the valuation status for 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.
Can you provide the PE and PB ratios for ASB stock?
The Price/Earnings (PE) ratio for ASSOCIATED BANC-CORP (ASB) is 9.41 and the Price/Book (PB) ratio is 0.9.
How sustainable is the dividend of ASSOCIATED BANC-CORP (ASB) stock?
The dividend rating of ASSOCIATED BANC-CORP (ASB) is 6 / 10 and the dividend payout ratio is 101.18%.