FIRST MID BANCSHARES INC (FMBH) Stock Fundamental Analysis
USA - NASDAQ:FMBH - US3208661062 - Common Stock
35.97 USD
+0.03 (+0.08%)
35.97 USD
0 (0%)
Taking everything into account, FMBH scores 4 out of 10 in our fundamental rating. FMBH was compared to 390 industry peers in the Banks industry. FMBH may be in some trouble as it scores bad on both profitability and health. FMBH has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FMBH had positive earnings in the past year.
In the past year FMBH had a positive cash flow from operations.
Each year in the past 5 years FMBH has been profitable.
Each year in the past 5 years FMBH had a positive operating cash flow.
1.2 Ratios
FMBH has a Return On Assets of 1.10%. This is in the better half of the industry: FMBH outperforms 73.59% of its industry peers.
FMBH has a Return On Equity (9.42%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 9.42% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)0.97%
ROE(3y)9.85%
ROE(5y)9.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FMBH has a Profit Margin (24.96%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FMBH has declined.
The Operating Margin and Gross Margin are not available for FMBH so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.96% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y3.85%
PM growth 5Y-1.64%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FMBH does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FMBH has been increased compared to 1 year ago.
Compared to 5 years ago, FMBH has more shares outstanding
The debt/assets ratio for FMBH has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of FMBH is 2.46, which is a good value as it means it would take FMBH, 2.46 years of fcf income to pay off all of its debts.
FMBH has a Debt to FCF ratio of 2.46. This is comparable to the rest of the industry: FMBH outperforms 45.13% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that FMBH is not too dependend on debt financing.
FMBH has a Debt to Equity ratio of 0.33. This is in the lower half of the industry: FMBH underperforms 70.77% of its industry peers.
Even though the debt/equity ratio score it not favorable for FMBH, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.46 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.36%
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 impressive 22.22% over the past year.
Measured over the past 5 years, FMBH shows a small growth in Earnings Per Share. The EPS has been growing by 3.13% on average per year.
The Revenue has grown by 8.26% in the past year. This is quite good.
The Revenue has been growing by 12.33% on average over the past years. This is quite good.
EPS 1Y (TTM)22.22%
EPS 3Y-1.26%
EPS 5Y3.13%
EPS Q2Q%20.73%
Revenue 1Y (TTM)8.26%
Revenue growth 3Y11.01%
Revenue growth 5Y12.33%
Sales Q2Q%12.5%
3.2 Future
The Earnings Per Share is expected to grow by 9.74% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.37% on average over the next years.
EPS Next Y19%
EPS Next 2Y10.92%
EPS Next 3Y9.74%
EPS Next 5YN/A
Revenue Next Year10.69%
Revenue Next 2Y7.37%
Revenue Next 3YN/A
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.
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
FMBH is valuated reasonably with a Price/Earnings ratio of 9.91.
Based on the Price/Earnings ratio, FMBH is valued a bit cheaper than the industry average as 72.56% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.03. FMBH is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.70, the valuation of FMBH can be described as very reasonable.
FMBH's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FMBH is cheaper than 70.26% of the companies in the same industry.
FMBH is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.91 | ||
| Fwd PE | 8.7 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FMBH is valued cheaper than 85.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.14 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FMBH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.52
PEG (5Y)3.16
EPS Next 2Y10.92%
EPS Next 3Y9.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.84%, FMBH has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.42, FMBH has a dividend in line with its industry peers.
FMBH's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
5.2 History
The dividend of FMBH has a limited annual growth rate of 5.65%.
FMBH has paid a dividend for at least 10 years, which is a reliable track record.
FMBH has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)5.65%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
27.16% of the earnings are spent on dividend by FMBH. This is a low number and sustainable payout ratio.
FMBH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP27.16%
EPS Next 2Y10.92%
EPS Next 3Y9.74%
35.97
+0.03 (+0.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners47.46%
Inst Owner Change-0.24%
Ins Owners5.07%
Ins Owner Change-0.06%
Market Cap863.28M
Revenue(TTM)337.61M
Net Income(TTM)84.26M
Analysts78.46
Price Target46.19 (28.41%)
Short Float %0.76%
Short Ratio2.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
Yearly Dividend0.94
Dividend Growth(5Y)5.65%
DP27.16%
Div Incr Years6
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.32%
Min EPS beat(2)0.61%
Max EPS beat(2)6.03%
EPS beat(4)3
Avg EPS beat(4)1.13%
Min EPS beat(4)-5.43%
Max EPS beat(4)6.03%
EPS beat(8)4
Avg EPS beat(8)-3.52%
EPS beat(12)7
Avg EPS beat(12)-1.48%
EPS beat(16)10
Avg EPS beat(16)0.24%
Revenue beat(2)1
Avg Revenue beat(2)0.78%
Min Revenue beat(2)-0.18%
Max Revenue beat(2)1.74%
Revenue beat(4)1
Avg Revenue beat(4)-1.01%
Min Revenue beat(4)-3.38%
Max Revenue beat(4)1.74%
Revenue beat(8)3
Avg Revenue beat(8)-0.46%
Revenue beat(12)5
Avg Revenue beat(12)3.26%
Revenue beat(16)9
Avg Revenue beat(16)11.65%
PT rev (1m)-0.31%
PT rev (3m)7.09%
EPS NQ rev (1m)0.1%
EPS NQ rev (3m)3.95%
EPS NY rev (1m)0.07%
EPS NY rev (3m)4.63%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)2.13%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-2.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.91 | ||
| Fwd PE | 8.7 | ||
| P/S | 2.56 | ||
| P/FCF | 7.14 | ||
| P/OCF | 6.8 | ||
| P/B | 0.97 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.63
EY10.09%
EPS(NY)4.13
Fwd EY11.49%
FCF(TTM)5.04
FCFY14.01%
OCF(TTM)5.29
OCFY14.72%
SpS14.07
BVpS37.26
TBVpS26.61
PEG (NY)0.52
PEG (5Y)3.16
Graham Number55.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 9.42% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.96% | ||
| GM | N/A | ||
| FCFM | 35.83% |
ROA(3y)1.01%
ROA(5y)0.97%
ROE(3y)9.85%
ROE(5y)9.13%
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 3Y3.85%
PM growth 5Y-1.64%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.46 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 29.88% | ||
| Cap/Sales | 1.8% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 143.57% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC12.36%
ROIC/WACCN/A
Cap/Depr(3y)27.18%
Cap/Depr(5y)25.63%
Cap/Sales(3y)1.59%
Cap/Sales(5y)1.53%
Profit Quality(3y)111.5%
Profit Quality(5y)119.46%
High Growth Momentum
Growth
EPS 1Y (TTM)22.22%
EPS 3Y-1.26%
EPS 5Y3.13%
EPS Q2Q%20.73%
EPS Next Y19%
EPS Next 2Y10.92%
EPS Next 3Y9.74%
EPS Next 5YN/A
Revenue 1Y (TTM)8.26%
Revenue growth 3Y11.01%
Revenue growth 5Y12.33%
Sales Q2Q%12.5%
Revenue Next Year10.69%
Revenue Next 2Y7.37%
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 1Y51.79%
FCF growth 3Y21.94%
FCF growth 5Y15.26%
OCF growth 1Y51.47%
OCF growth 3Y21.37%
OCF growth 5Y14.64%
FIRST MID BANCSHARES INC / FMBH FAQ
What is the fundamental rating for FMBH stock?
ChartMill assigns a fundamental rating of 4 / 10 to FMBH.
What is the valuation status of FIRST MID BANCSHARES INC (FMBH) stock?
ChartMill assigns a valuation rating of 6 / 10 to FIRST MID BANCSHARES INC (FMBH). This can be considered as Fairly Valued.
Can you provide the profitability details for FIRST MID BANCSHARES INC?
FIRST MID BANCSHARES INC (FMBH) has a profitability rating of 3 / 10.
How financially healthy is FIRST MID BANCSHARES INC?
The financial health rating of FIRST MID BANCSHARES INC (FMBH) is 2 / 10.
What is the earnings growth outlook for FIRST MID BANCSHARES INC?
The Earnings per Share (EPS) of FIRST MID BANCSHARES INC (FMBH) is expected to grow by 19% in the next year.