CITY HOLDING CO (CHCO) Stock Fundamental Analysis
USA - NASDAQ:CHCO - US1778351056 - Common Stock
120.59 USD
-0.1 (-0.08%)
120.59 USD
0 (0%)
Taking everything into account, CHCO scores 4 out of 10 in our fundamental rating. CHCO was compared to 388 industry peers in the Banks industry. There are concerns on the financial health of CHCO while its profitability can be described as average. CHCO is valied quite expensively at the moment, while it does show a decent growth rate.
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.
Each year in the past 5 years CHCO has been profitable.
Each year in the past 5 years CHCO had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.90%, CHCO belongs to the top of the industry, outperforming 95.36% of the companies in the same industry.
CHCO has a better Return On Equity (15.83%) than 94.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 15.83% | ||
| 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's Profit Margin of 41.37% is amongst the best of the industry. CHCO outperforms 95.62% of its industry peers.
CHCO's Profit Margin has been stable in the last couple of years.
CHCO 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) | 41.37% | ||
| 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.
CHCO has less shares outstanding than it did 1 year ago.
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 2.89, which is a good value as it means it would take CHCO, 2.89 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 2.89, CHCO is not doing good in the industry: 60.05% of the companies in the same industry are doing better.
CHCO has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
CHCO has a worse Debt to Equity ratio (0.46) than 76.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 2.89 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.03%
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 11.68% over the past year.
Measured over the past 5 years, CHCO shows a small growth in Earnings Per Share. The EPS has been growing by 7.80% on average per year.
The Revenue for CHCO has decreased by -15.82% in the past year. This is quite bad
CHCO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.01% yearly.
EPS 1Y (TTM)11.68%
EPS 3Y11.64%
EPS 5Y7.8%
EPS Q2Q%19.31%
Revenue 1Y (TTM)-15.82%
Revenue growth 3Y9.24%
Revenue growth 5Y5.01%
Sales Q2Q%6.99%
3.2 Future
Based on estimates for the next years, CHCO will show a small growth in Earnings Per Share. The EPS will grow by 6.46% on average per year.
The Revenue is expected to grow by 4.44% on average over the next years.
EPS Next Y16.47%
EPS Next 2Y6.73%
EPS Next 3Y6.46%
EPS Next 5YN/A
Revenue Next Year6.46%
Revenue Next 2Y4.8%
Revenue Next 3Y4.44%
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 stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.86, the valuation of CHCO can be described as correct.
Based on the Price/Earnings ratio, CHCO is valued a bit more expensive than the industry average as 63.92% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 25.89, CHCO is valued a bit cheaper.
With a Price/Forward Earnings ratio of 13.42, 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 71.39% of the companies in the same industry.
CHCO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.86 | ||
| Fwd PE | 13.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CHCO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.69 | ||
| 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)0.84
PEG (5Y)1.78
EPS Next 2Y6.73%
EPS Next 3Y6.46%
5. Dividend
5.1 Amount
CHCO has a Yearly Dividend Yield of 2.88%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.39, CHCO has a dividend in line with its industry peers.
CHCO's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
5.2 History
The dividend of CHCO is nicely growing with an annual growth rate of 6.41%!
CHCO has paid a dividend for at least 10 years, which is 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 36.59% of its income as dividend. This is a sustainable payout ratio.
CHCO's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP36.59%
EPS Next 2Y6.73%
EPS Next 3Y6.46%
120.59
-0.1 (-0.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners73.94%
Inst Owner Change-1.85%
Ins Owners1.79%
Ins Owner Change-0.86%
Market Cap1.75B
Revenue(TTM)305.68M
Net Income(TTM)126.46M
Analysts48.89
Price Target132.09 (9.54%)
Short Float %7.12%
Short Ratio11.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
Yearly Dividend2.94
Dividend Growth(5Y)6.41%
DP36.59%
Div Incr Years13
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.15%
Min EPS beat(2)9.64%
Max EPS beat(2)14.66%
EPS beat(4)3
Avg EPS beat(4)8.22%
Min EPS beat(4)-0.78%
Max EPS beat(4)14.66%
EPS beat(8)6
Avg EPS beat(8)4.44%
EPS beat(12)9
Avg EPS beat(12)3.74%
EPS beat(16)13
Avg EPS beat(16)5.66%
Revenue beat(2)1
Avg Revenue beat(2)0.38%
Min Revenue beat(2)-0.06%
Max Revenue beat(2)0.82%
Revenue beat(4)1
Avg Revenue beat(4)-1.38%
Min Revenue beat(4)-6.2%
Max Revenue beat(4)0.82%
Revenue beat(8)2
Avg Revenue beat(8)-1.77%
Revenue beat(12)3
Avg Revenue beat(12)-1.53%
Revenue beat(16)6
Avg Revenue beat(16)-0.87%
PT rev (1m)-2.34%
PT rev (3m)-2.34%
EPS NQ rev (1m)4.68%
EPS NQ rev (3m)4.68%
EPS NY rev (1m)3.93%
EPS NY rev (3m)13.52%
Revenue NQ rev (1m)1.24%
Revenue NQ rev (3m)1.24%
Revenue NY rev (1m)0.69%
Revenue NY rev (3m)0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.86 | ||
| Fwd PE | 13.42 | ||
| P/S | 5.72 | ||
| P/FCF | 13.69 | ||
| P/OCF | 13.36 | ||
| P/B | 2.19 | ||
| P/tB | 2.73 | ||
| EV/EBITDA | N/A |
EPS(TTM)8.7
EY7.21%
EPS(NY)8.99
Fwd EY7.45%
FCF(TTM)8.81
FCFY7.31%
OCF(TTM)9.03
OCFY7.48%
SpS21.1
BVpS55.14
TBVpS44.2
PEG (NY)0.84
PEG (5Y)1.78
Graham Number103.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 15.83% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 41.37% | ||
| GM | N/A | ||
| FCFM | 41.76% |
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
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 3Y0.69%
PM growth 5Y0.53%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 2.89 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 74.58% | ||
| Cap/Sales | 1.03% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 100.94% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC10.03%
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)11.68%
EPS 3Y11.64%
EPS 5Y7.8%
EPS Q2Q%19.31%
EPS Next Y16.47%
EPS Next 2Y6.73%
EPS Next 3Y6.46%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.82%
Revenue growth 3Y9.24%
Revenue growth 5Y5.01%
Sales Q2Q%6.99%
Revenue Next Year6.46%
Revenue Next 2Y4.8%
Revenue Next 3Y4.44%
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-5.58%
FCF growth 3Y9.28%
FCF growth 5Y5.19%
OCF growth 1Y-5.23%
OCF growth 3Y8.84%
OCF growth 5Y4.67%
CITY HOLDING CO / CHCO FAQ
What is the fundamental rating for CHCO stock?
ChartMill assigns a fundamental rating of 4 / 10 to CHCO.
What is the valuation status for CHCO stock?
ChartMill assigns a valuation rating of 3 / 10 to CITY HOLDING CO (CHCO). This can be considered as Overvalued.
How profitable is CITY HOLDING CO (CHCO) stock?
CITY HOLDING CO (CHCO) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for CHCO stock?
The Price/Earnings (PE) ratio for CITY HOLDING CO (CHCO) is 13.86 and the Price/Book (PB) ratio is 2.19.
What is the expected EPS growth for CITY HOLDING CO (CHCO) stock?
The Earnings per Share (EPS) of CITY HOLDING CO (CHCO) is expected to grow by 16.47% in the next year.