ASSOCIATED BANC-CORP (ASB) Stock Fundamental Analysis
USA - NYSE:ASB - US0454871056 - Common Stock
25.92 USD
+0.28 (+1.09%)
25.92 USD
0 (0%)
ASB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 392 industry peers in the Banks industry. ASB may be in some trouble as it scores bad on both profitability and health. ASB has a correct valuation and a medium growth rate. ASB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ASB had positive earnings in the past year.
ASB had a positive operating cash flow in the past year.
ASB had positive earnings in each of the past 5 years.
In the past 5 years ASB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ASB (0.29%) is worse than 83.67% of its industry peers.
The Return On Equity of ASB (2.66%) is worse than 83.93% 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
With a Profit Margin value of 11.50%, ASB is not doing good in the industry: 80.10% of the companies in the same industry are doing better.
ASB's Profit Margin has declined in the last couple of years.
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.
Compared to 1 year ago, ASB has more shares outstanding
ASB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASB has a worse debt to assets ratio.
2.2 Solvency
ASB has a debt to FCF ratio of 1.31. 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.
With a decent Debt to FCF ratio value of 1.31, ASB is doing good in the industry, outperforming 62.76% of the companies in the same industry.
A Debt/Equity ratio of 0.14 indicates that ASB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.14, ASB is in line with its industry, outperforming 58.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.31 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.19%
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 been growing slightly by 3.88% over the past year.
Measured over the past 5 years, ASB shows a small growth in Earnings Per Share. The EPS has been growing by 3.84% on average per year.
ASB shows a small growth in Revenue. In the last year, the Revenue has grown by 1.58%.
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)3.88%
EPS 3Y2.96%
EPS 5Y3.84%
EPS Q2Q%-12.16%
Revenue 1Y (TTM)1.58%
Revenue growth 3Y-0.65%
Revenue growth 5Y-3.13%
Sales Q2Q%14.06%
3.2 Future
ASB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.35% yearly.
The Revenue is expected to grow by 11.39% on average over the next years. This is quite good.
EPS Next Y10.78%
EPS Next 2Y8.84%
EPS Next 3Y10.35%
EPS Next 5YN/A
Revenue Next Year20.39%
Revenue Next 2Y12.8%
Revenue Next 3Y11.39%
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.
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
The Price/Earnings ratio is 10.76, which indicates a very decent valuation of ASB.
73.72% of the companies in the same industry are more expensive than ASB, based on the Price/Earnings ratio.
ASB is valuated cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
ASB is valuated reasonably with a Price/Forward Earnings ratio of 9.15.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASB indicates a somewhat cheap valuation: ASB is cheaper than 70.15% of the companies listed in the same industry.
ASB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.76 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, ASB is valued cheaper than 80.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.45 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
ASB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)1
PEG (5Y)2.8
EPS Next 2Y8.84%
EPS Next 3Y10.35%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.41%, ASB is a good candidate for dividend investing.
ASB's Dividend Yield is rather good when compared to the industry average which is at 3.73. ASB pays more dividend than 86.22% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ASB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
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 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
126.42% 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.
DP126.42%
EPS Next 2Y8.84%
EPS Next 3Y10.35%
25.92
+0.28 (+1.09%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners87.88%
Inst Owner Change-2.03%
Ins Owners0.78%
Ins Owner Change0.31%
Market Cap4.30B
Analysts68.57
Price Target29.17 (12.54%)
Short Float %3.7%
Short Ratio4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
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)0%
PT rev (3m)8.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.58%
EPS NY rev (1m)4.01%
EPS NY rev (3m)3.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.24%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.76 | ||
| Fwd PE | 9.15 | ||
| P/S | 3.89 | ||
| P/FCF | 8.45 | ||
| P/OCF | 7.79 | ||
| P/B | 0.9 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.41
EY9.3%
EPS(NY)2.83
Fwd EY10.92%
FCF(TTM)3.07
FCFY11.84%
OCF(TTM)3.33
OCFY12.84%
SpS6.66
BVpS28.83
TBVpS21.49
PEG (NY)1
PEG (5Y)2.8
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
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-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
WACC19.19%
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)3.88%
EPS 3Y2.96%
EPS 5Y3.84%
EPS Q2Q%-12.16%
EPS Next Y10.78%
EPS Next 2Y8.84%
EPS Next 3Y10.35%
EPS Next 5YN/A
Revenue 1Y (TTM)1.58%
Revenue growth 3Y-0.65%
Revenue growth 5Y-3.13%
Sales Q2Q%14.06%
Revenue Next Year20.39%
Revenue Next 2Y12.8%
Revenue Next 3Y11.39%
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%