CITY HOLDING CO (CHCO) Stock Fundamental Analysis
NASDAQ:CHCO - Nasdaq - US1778351056 - Common Stock - Currency: USD
Taking everything into account, CHCO scores 4 out of 10 in our fundamental rating. CHCO was compared to 402 industry peers in the Banks industry. CHCO has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, CHCO is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CHCO had positive earnings in the past year.
CHCO had a positive operating cash flow in the past year.
CHCO had positive earnings in each of the past 5 years.
In the past 5 years CHCO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.25%, CHCO belongs to the top of the industry, outperforming 96.78% of the companies in the same industry.
With an excellent Return On Equity value of 19.89%, CHCO belongs to the best of the industry, outperforming 97.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.25% | ||
| ROE | 19.89% | ||
| ROIC | N/A |
ROA(3y)1.78%
ROA(5y)1.67%
ROE(3y)16.7%
ROE(5y)15.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CHCO has a Profit Margin of 39.70%. This is amongst the best in the industry. CHCO outperforms 95.79% of its industry peers.
In the last couple of years the Profit Margin of CHCO has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for CHCO so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 39.7% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.69%
PM growth 5Y0.53%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CHCO does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CHCO has less shares outstanding
Compared to 5 years ago, CHCO has less shares outstanding
CHCO has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CHCO is 2.52, which is a good value as it means it would take CHCO, 2.52 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.52, CHCO is in line with its industry, outperforming 49.51% of the companies in the same industry.
A Debt/Equity ratio of 0.45 indicates that CHCO is not too dependend on debt financing.
CHCO has a worse Debt to Equity ratio (0.45) than 73.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 2.52 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.19%
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 3.68% over the past year.
The Earnings Per Share has been growing slightly by 7.80% on average over the past years.
Looking at the last year, CHCO shows a very strong growth in Revenue. The Revenue has grown by 26.25%.
Measured over the past years, CHCO shows a small growth in Revenue. The Revenue has been growing by 5.01% on average per year.
EPS 1Y (TTM)3.68%
EPS 3Y11.64%
EPS 5Y7.8%
EPS Q2Q%5.43%
Revenue 1Y (TTM)26.25%
Revenue growth 3Y9.24%
Revenue growth 5Y5.01%
Sales Q2Q%4.07%
3.2 Future
CHCO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.73% yearly.
Based on estimates for the next years, CHCO will show a small growth in Revenue. The Revenue will grow by 1.65% on average per year.
EPS Next Y-1.95%
EPS Next 2Y0.73%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.88%
Revenue Next 2Y1.65%
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 decreasing.
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
CHCO is valuated correctly with a Price/Earnings ratio of 14.80.
Based on the Price/Earnings ratio, CHCO is valued a bit more expensive than the industry average as 65.84% of the companies are valued more cheaply.
CHCO is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 15.10, CHCO is valued correctly.
CHCO's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CHCO is more expensive than 69.06% of the companies in the same industry.
CHCO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.8 | ||
| Fwd PE | 15.1 |
4.2 Price Multiples
CHCO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.26 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.9
EPS Next 2Y0.73%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CHCO has a Yearly Dividend Yield of 2.73%. Purely for dividend investing, there may be better candidates out there.
CHCO's Dividend Yield is comparable with the industry average which is at 3.37.
CHCO's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.73% |
5.2 History
The dividend of CHCO is nicely growing with an annual growth rate of 6.41%!
CHCO has been paying a dividend for at least 10 years, so it has a reliable track record.
CHCO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.41%
Div Incr Years13
Div Non Decr Years22
5.3 Sustainability
CHCO pays out 29.93% of its income as dividend. This is a sustainable payout ratio.
CHCO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP29.93%
EPS Next 2Y0.73%
EPS Next 3YN/A
116.8
+1.12 (+0.97%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners72.98%
Inst Owner Change2.32%
Ins Owners2.18%
Ins Owner Change2.68%
Market Cap1.71B
Analysts50.91
Price Target126.99 (8.72%)
Short Float %6.66%
Short Ratio16.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.73% |
Yearly Dividend2.94
Dividend Growth(5Y)6.41%
DP29.93%
Div Incr Years13
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.18%
Min EPS beat(2)-0.78%
Max EPS beat(2)3.15%
EPS beat(4)3
Avg EPS beat(4)1.7%
Min EPS beat(4)-0.78%
Max EPS beat(4)3.93%
EPS beat(8)5
Avg EPS beat(8)0.46%
EPS beat(12)9
Avg EPS beat(12)3.59%
EPS beat(16)13
Avg EPS beat(16)6.37%
Revenue beat(2)1
Avg Revenue beat(2)-2.49%
Min Revenue beat(2)-6.2%
Max Revenue beat(2)1.22%
Revenue beat(4)1
Avg Revenue beat(4)-1.81%
Min Revenue beat(4)-6.2%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-2.36%
Revenue beat(12)4
Avg Revenue beat(12)-1.3%
Revenue beat(16)7
Avg Revenue beat(16)-0.88%
PT rev (1m)-0.27%
PT rev (3m)0.67%
EPS NQ rev (1m)-0.26%
EPS NQ rev (3m)1.51%
EPS NY rev (1m)0.22%
EPS NY rev (3m)0.8%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)0.28%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.8 | ||
| Fwd PE | 15.1 | ||
| P/S | 4.68 | ||
| P/FCF | 13.26 | ||
| P/OCF | 12.99 | ||
| P/B | 2.35 | ||
| P/tB | 3 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.89
EY6.76%
EPS(NY)7.74
Fwd EY6.62%
FCF(TTM)8.81
FCFY7.54%
OCF(TTM)8.99
OCFY7.7%
SpS24.95
BVpS49.81
TBVpS38.9
PEG (NY)N/A
PEG (5Y)1.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.25% | ||
| ROE | 19.89% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 39.7% | ||
| GM | N/A | ||
| FCFM | 35.3% |
ROA(3y)1.78%
ROA(5y)1.67%
ROE(3y)16.7%
ROE(5y)15.11%
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 3Y0.69%
PM growth 5Y0.53%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 2.52 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 64.2% | ||
| Cap/Sales | 0.74% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 88.92% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC10.19%
ROIC/WACCN/A
Cap/Depr(3y)56.28%
Cap/Depr(5y)64.11%
Cap/Sales(3y)0.93%
Cap/Sales(5y)1.31%
Profit Quality(3y)114.2%
Profit Quality(5y)110.23%
High Growth Momentum
Growth
EPS 1Y (TTM)3.68%
EPS 3Y11.64%
EPS 5Y7.8%
EPS Q2Q%5.43%
EPS Next Y-1.95%
EPS Next 2Y0.73%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)26.25%
Revenue growth 3Y9.24%
Revenue growth 5Y5.01%
Sales Q2Q%4.07%
Revenue Next Year0.88%
Revenue Next 2Y1.65%
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-4.03%
FCF growth 3Y9.28%
FCF growth 5Y5.19%
OCF growth 1Y-4.13%
OCF growth 3Y8.84%
OCF growth 5Y4.67%