FINWARD BANCORP (FNWD) Stock Fundamental Analysis
NASDAQ:FNWD - Nasdaq - US31812F1093 - Common Stock - Currency: USD
Overall FNWD gets a fundamental rating of 2 out of 10. We evaluated FNWD against 398 industry peers in the Banks industry. FNWD may be in some trouble as it scores bad on both profitability and health. FNWD has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
FNWD had positive earnings in the past year.
FNWD had a positive operating cash flow in the past year.
In the past 5 years FNWD has always been profitable.
In the past 5 years FNWD always reported a positive cash flow from operatings.
1.2 Ratios
FNWD has a Return On Assets of 0.59%. This is in the lower half of the industry: FNWD underperforms 66.58% of its industry peers.
FNWD has a Return On Equity (8.01%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 8.01% | ||
| ROIC | N/A |
ROA(3y)0.57%
ROA(5y)0.74%
ROE(3y)8.25%
ROE(5y)8.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FNWD (17.06%) is worse than 70.85% of its industry peers.
In the last couple of years the Profit Margin of FNWD has declined.
FNWD 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) | 17.06% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-9.71%
PM growth 5Y-5.36%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FNWD does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, FNWD has more shares outstanding
The number of shares outstanding for FNWD has been increased compared to 5 years ago.
Compared to 1 year ago, FNWD has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of FNWD is 5.96, which is a neutral value as it means it would take FNWD, 5.96 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.96, FNWD is doing worse than 69.85% of the companies in the same industry.
FNWD has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
FNWD's Debt to Equity ratio of 0.26 is on the low side compared to the rest of the industry. FNWD is outperformed by 63.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 5.96 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.77%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FNWD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.13%, which is quite impressive.
The Earnings Per Share has been decreasing by -4.27% on average over the past years.
Looking at the last year, FNWD shows a quite strong growth in Revenue. The Revenue has grown by 8.85% in the last year.
The Revenue has been growing slightly by 5.72% on average over the past years.
EPS 1Y (TTM)45.13%
EPS 3Y-12.94%
EPS 5Y-4.27%
EPS Q2Q%40%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y3.28%
Revenue growth 5Y5.72%
Sales Q2Q%9.5%
3.2 Future
FNWD is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -21.61% yearly.
The Revenue is expected to grow by 4.52% on average over the next years.
EPS Next Y-61.61%
EPS Next 2Y-21.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.86%
Revenue Next 2Y4.52%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
A Price/Earnings ratio of 10.96 indicates a reasonable valuation of FNWD.
FNWD's Price/Earnings ratio is in line with the industry average.
FNWD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.64.
Based on the Price/Forward Earnings ratio of 28.55, the valuation of FNWD can be described as expensive.
78.89% of the companies in the same industry are cheaper than FNWD, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of FNWD to the average of the S&P500 Index (21.44), we can say FNWD is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.96 | ||
| Fwd PE | 28.55 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FNWD is valued a bit more expensive than the industry average as 72.61% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.9 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as FNWD's earnings are expected to decrease with -21.61% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-21.61%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FNWD has a Yearly Dividend Yield of 1.58%.
Compared to an average industry Dividend Yield of 3.68, FNWD is paying slightly less dividend.
FNWD's Dividend Yield is slightly below the S&P500 average, which is at 2.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
5.2 History
The dividend of FNWD decreases each year by -17.52%.
FNWD has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-17.52%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FNWD pays out 17.06% of its income as dividend. This is a sustainable payout ratio.
The Dividend Rate of FNWD has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP17.06%
EPS Next 2Y-21.61%
EPS Next 3YN/A
NASDAQ:FNWD (4/24/2025, 4:05:12 PM)
31.01
+0.08 (+0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners36.16%
Inst Owner Change0%
Ins Owners13.9%
Ins Owner Change1.06%
Market Cap133.96M
Analysts82.5
Price Target31.62 (1.97%)
Short Float %0.19%
Short Ratio1.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
Yearly Dividend0.48
Dividend Growth(5Y)-17.52%
DP17.06%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)61.3%
Min EPS beat(2)-23.75%
Max EPS beat(2)146.35%
EPS beat(4)3
Avg EPS beat(4)165.46%
Min EPS beat(4)-23.75%
Max EPS beat(4)406.54%
EPS beat(8)3
Avg EPS beat(8)74.4%
EPS beat(12)3
Avg EPS beat(12)45.44%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.88%
Min Revenue beat(2)-7.42%
Max Revenue beat(2)3.66%
Revenue beat(4)1
Avg Revenue beat(4)-5.24%
Min Revenue beat(4)-10.94%
Max Revenue beat(4)3.66%
Revenue beat(8)1
Avg Revenue beat(8)-7.89%
Revenue beat(12)1
Avg Revenue beat(12)-7.77%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-11.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.41%
EPS NY rev (1m)-4.05%
EPS NY rev (3m)1.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.31%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.96 | ||
| Fwd PE | 28.55 | ||
| P/S | 1.88 | ||
| P/FCF | 19.9 | ||
| P/OCF | 13.66 | ||
| P/B | 0.88 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.83
EY9.13%
EPS(NY)1.09
Fwd EY3.5%
FCF(TTM)1.56
FCFY5.02%
OCF(TTM)2.27
OCFY7.32%
SpS16.46
BVpS35.05
TBVpS29.44
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 8.01% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 17.06% | ||
| GM | N/A | ||
| FCFM | 9.47% |
ROA(3y)0.57%
ROA(5y)0.74%
ROE(3y)8.25%
ROE(5y)8.96%
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-9.71%
PM growth 5Y-5.36%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 5.96 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 42.16% | ||
| Cap/Sales | 4.32% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 55.5% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC13.77%
ROIC/WACCN/A
Cap/Depr(3y)36.31%
Cap/Depr(5y)58.89%
Cap/Sales(3y)3.31%
Cap/Sales(5y)4.13%
Profit Quality(3y)142.79%
Profit Quality(5y)126.13%
High Growth Momentum
Growth
EPS 1Y (TTM)45.13%
EPS 3Y-12.94%
EPS 5Y-4.27%
EPS Q2Q%40%
EPS Next Y-61.61%
EPS Next 2Y-21.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.85%
Revenue growth 3Y3.28%
Revenue growth 5Y5.72%
Sales Q2Q%9.5%
Revenue Next Year1.86%
Revenue Next 2Y4.52%
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-70.81%
FCF growth 3Y-21.49%
FCF growth 5Y-3.2%
OCF growth 1Y-59.5%
OCF growth 3Y-16.82%
OCF growth 5Y-2.2%