CITY HOLDING CO (CHCO) Stock Fundamental Analysis
USA - NASDAQ:CHCO - US1778351056 - Common Stock
117.88 USD
-0.96 (-0.81%)
117.88 USD
0 (0%)
Taking everything into account, CHCO scores 4 out of 10 in our fundamental rating. CHCO was compared to 390 industry peers in the Banks industry. While CHCO is still in line with the averages on profitability rating, there are concerns on its financial health. CHCO has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CHCO was profitable.
CHCO had a positive operating cash flow in the past year.
In the past 5 years CHCO has always been profitable.
In the past 5 years CHCO always reported a positive cash flow from operatings.
1.2 Ratios
CHCO's Return On Assets of 1.84% is amongst the best of the industry. CHCO outperforms 95.64% of its industry peers.
CHCO's Return On Equity of 15.85% is amongst the best of the industry. CHCO outperforms 94.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.84% | ||
| ROE | 15.85% | ||
| 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 40.33%. This is amongst the best in the industry. CHCO outperforms 95.38% of its industry peers.
In the last couple of years the Profit Margin of CHCO has remained more or less at the same level.
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) | 40.33% | ||
| 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.
CHCO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CHCO has a worse debt to assets ratio.
2.2 Solvency
CHCO has a debt to FCF ratio of 2.64. This is a good value and a sign of high solvency as CHCO would need 2.64 years to pay back of all of its debts.
With a Debt to FCF ratio value of 2.64, CHCO perfoms like the industry average, outperforming 42.31% of the companies in the same industry.
A Debt/Equity ratio of 0.44 indicates that CHCO is not too dependend on debt financing.
CHCO's Debt to Equity ratio of 0.44 is on the low side compared to the rest of the industry. CHCO is outperformed by 75.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.64 | ||
| 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.
CHCO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.82%.
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
The Earnings Per Share is expected to grow by 4.00% on average over the next years.
CHCO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.48% yearly.
EPS Next Y12.3%
EPS Next 2Y4.22%
EPS Next 3Y4%
EPS Next 5YN/A
Revenue Next Year5.64%
Revenue Next 2Y3.48%
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.
The Revenue 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 13.55, 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 62.82% of the companies are valued more cheaply.
CHCO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.11.
Based on the Price/Forward Earnings ratio of 13.76, the valuation of CHCO can be described as correct.
72.56% of the companies in the same industry are cheaper than CHCO, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CHCO to the average of the S&P500 Index (22.55), we can say CHCO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.55 | ||
| Fwd PE | 13.76 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as CHCO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.25 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CHCO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.1
PEG (5Y)1.74
EPS Next 2Y4.22%
EPS Next 3Y4%
5. Dividend
5.1 Amount
CHCO has a Yearly Dividend Yield of 2.93%. Purely for dividend investing, there may be better candidates out there.
CHCO's Dividend Yield is comparable with the industry average which is at 3.51.
Compared to an average S&P500 Dividend Yield of 2.37, CHCO pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.93% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.41%
Div Incr Years13
Div Non Decr Years22
5.3 Sustainability
CHCO pays out 37.42% of its income as dividend. This is a sustainable payout ratio.
The dividend of CHCO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP37.42%
EPS Next 2Y4.22%
EPS Next 3Y4%
117.88
-0.96 (-0.81%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners73.94%
Inst Owner Change-0.01%
Ins Owners1.79%
Ins Owner Change-0.52%
Market Cap1.71B
Revenue(TTM)305.68M
Net Income(TTM)121.13M
Analysts50
Price Target132.09 (12.05%)
Short Float %7.12%
Short Ratio11.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.93% |
Yearly Dividend2.94
Dividend Growth(5Y)6.41%
DP37.42%
Div Incr Years13
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.01%
Min EPS beat(2)9.36%
Max EPS beat(2)14.66%
EPS beat(4)3
Avg EPS beat(4)6.6%
Min EPS beat(4)-0.78%
Max EPS beat(4)14.66%
EPS beat(8)6
Avg EPS beat(8)3.62%
EPS beat(12)9
Avg EPS beat(12)3.68%
EPS beat(16)13
Avg EPS beat(16)6.06%
Revenue beat(2)1
Avg Revenue beat(2)0.38%
Min Revenue beat(2)-0.07%
Max Revenue beat(2)0.82%
Revenue beat(4)2
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-6.2%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-2%
Revenue beat(12)4
Avg Revenue beat(12)-1.24%
Revenue beat(16)7
Avg Revenue beat(16)-0.77%
PT rev (1m)-2.34%
PT rev (3m)6.32%
EPS NQ rev (1m)-0.54%
EPS NQ rev (3m)3.14%
EPS NY rev (1m)0.21%
EPS NY rev (3m)9.46%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)2.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.55 | ||
| Fwd PE | 13.76 | ||
| P/S | 5.69 | ||
| P/FCF | 13.25 | ||
| P/OCF | 13.02 | ||
| P/B | 2.24 | ||
| P/tB | 2.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)8.7
EY7.38%
EPS(NY)8.57
Fwd EY7.27%
FCF(TTM)8.9
FCFY7.55%
OCF(TTM)9.05
OCFY7.68%
SpS20.73
BVpS52.74
TBVpS41.77
PEG (NY)1.1
PEG (5Y)1.74
Graham Number101.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.84% | ||
| ROE | 15.85% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 40.33% | ||
| GM | N/A | ||
| FCFM | 42.91% |
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 | 0.44 | ||
| Debt/FCF | 2.64 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 53.49% | ||
| Cap/Sales | 0.75% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 106.41% | ||
| 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 Y12.3%
EPS Next 2Y4.22%
EPS Next 3Y4%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.82%
Revenue growth 3Y9.24%
Revenue growth 5Y5.01%
Sales Q2Q%6.99%
Revenue Next Year5.64%
Revenue Next 2Y3.48%
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-4.52%
FCF growth 3Y9.28%
FCF growth 5Y5.19%
OCF growth 1Y-4.76%
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 13.55 and the Price/Book (PB) ratio is 2.24.
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 12.3% in the next year.