ASSOCIATED BANC-CORP (ASB) Stock Fundamental Analysis
USA - NYSE:ASB - US0454871056 - Common Stock
25.25 USD
-0.15 (-0.59%)
25.26 USD
+0.01 (+0.04%)
ASB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 390 industry peers in the Banks industry. Both the profitability and financial health of ASB have multiple concerns. ASB has a correct valuation and a medium growth rate.
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.
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
With a Return On Assets value of 0.29%, ASB is not doing good in the industry: 84.10% of the companies in the same industry are doing better.
ASB has a worse Return On Equity (2.66%) than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 2.66% | ||
| 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
Looking at the Profit Margin, with a value of 11.50%, ASB is doing worse than 80.26% of the companies in the same industry.
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) | 11.5% | ||
| 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.
The number of shares outstanding for ASB has been increased compared to 1 year ago.
Compared to 5 years ago, ASB has more shares outstanding
ASB has a worse debt/assets ratio than last year.
2.2 Solvency
ASB has a debt to FCF ratio of 1.31. This is a very positive value and a sign of high solvency as it would only need 1.31 years to pay back of all of its debts.
ASB has a Debt to FCF ratio of 1.31. This is in the better half of the industry: ASB outperforms 62.05% of its industry peers.
ASB has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
ASB has a Debt to Equity ratio of 0.14. This is comparable to the rest of the industry: ASB outperforms 59.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.31 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.18%
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 decrease in Revenue. The Revenue has decreased by -5.89% in the last year.
The Revenue has been decreasing by -3.13% on average over the past years.
EPS 1Y (TTM)9.79%
EPS 3Y2.96%
EPS 5Y3.84%
EPS Q2Q%30.36%
Revenue 1Y (TTM)-5.89%
Revenue growth 3Y-0.65%
Revenue growth 5Y-3.13%
Sales Q2Q%15.39%
3.2 Future
Based on estimates for the next years, ASB will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.30% on average per year.
The Revenue is expected to grow by 10.18% on average over the next years. This is quite good.
EPS Next Y11.05%
EPS Next 2Y8.62%
EPS Next 3Y9.3%
EPS Next 5YN/A
Revenue Next Year20.31%
Revenue Next 2Y12.83%
Revenue Next 3Y10.18%
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
A Price/Earnings ratio of 9.79 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 74.62% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.67. ASB is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.95 indicates a reasonable valuation of ASB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASB indicates a somewhat cheap valuation: ASB is cheaper than 67.18% of the companies listed in the same industry.
ASB is valuated cheaply when we compare the Price/Forward Earnings ratio to 31.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 8.95 |
4.2 Price Multiples
ASB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ASB is cheaper than 79.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.23 | ||
| 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)0.89
PEG (5Y)2.55
EPS Next 2Y8.62%
EPS Next 3Y9.3%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.72%, ASB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.42, ASB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, ASB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
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 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
ASB pays out 126.42% 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.
DP126.42%
EPS Next 2Y8.62%
EPS Next 3Y9.3%
25.25
-0.15 (-0.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners86.66%
Inst Owner Change-0.43%
Ins Owners0.77%
Ins Owner Change0.3%
Market Cap4.19B
Revenue(TTM)1.04B
Net Income(TTM)127.12M
Analysts68.57
Price Target29.78 (17.94%)
Short Float %2.72%
Short Ratio3.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
Yearly Dividend0.95
Dividend Growth(5Y)3.73%
DP126.42%
Div Incr Years13
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.09%
Min EPS beat(2)4.04%
Max EPS beat(2)8.15%
EPS beat(4)4
Avg EPS beat(4)7.23%
Min EPS beat(4)4.04%
Max EPS beat(4)11.39%
EPS beat(8)8
Avg EPS beat(8)9.51%
EPS beat(12)11
Avg EPS beat(12)6.82%
EPS beat(16)15
Avg EPS beat(16)10.92%
Revenue beat(2)1
Avg Revenue beat(2)-0.82%
Min Revenue beat(2)-1.88%
Max Revenue beat(2)0.23%
Revenue beat(4)2
Avg Revenue beat(4)8.02%
Min Revenue beat(4)-1.95%
Max Revenue beat(4)35.66%
Revenue beat(8)3
Avg Revenue beat(8)7.83%
Revenue beat(12)4
Avg Revenue beat(12)4.96%
Revenue beat(16)6
Avg Revenue beat(16)3.75%
PT rev (1m)2.1%
PT rev (3m)7.75%
EPS NQ rev (1m)0.25%
EPS NQ rev (3m)1.15%
EPS NY rev (1m)0.25%
EPS NY rev (3m)4.26%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)-0.17%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 8.95 | ||
| P/S | 3.79 | ||
| P/FCF | 8.23 | ||
| P/OCF | 7.59 | ||
| P/B | 0.88 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.58
EY10.22%
EPS(NY)2.82
Fwd EY11.17%
FCF(TTM)3.07
FCFY12.15%
OCF(TTM)3.33
OCFY13.18%
SpS6.66
BVpS28.83
TBVpS21.49
PEG (NY)0.89
PEG (5Y)2.55
Graham Number40.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 2.66% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 11.5% | ||
| GM | N/A | ||
| FCFM | 46.05% |
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-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.31 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 72.73% | ||
| Cap/Sales | 3.89% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 400.32% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC19.18%
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 Y11.05%
EPS Next 2Y8.62%
EPS Next 3Y9.3%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.89%
Revenue growth 3Y-0.65%
Revenue growth 5Y-3.13%
Sales Q2Q%15.39%
Revenue Next Year20.31%
Revenue Next 2Y12.83%
Revenue Next 3Y10.18%
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 1Y6.59%
FCF growth 3Y3.89%
FCF growth 5Y1.1%
OCF growth 1Y2.89%
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 11.05% in the next year.