FIRST NATIONAL CORP/VA (FXNC) Stock Fundamental Analysis
NASDAQ:FXNC - Nasdaq - US32106V1070 - Common Stock - Currency: USD
Overall FXNC gets a fundamental rating of 4 out of 10. We evaluated FXNC against 405 industry peers in the Banks industry. Both the profitability and financial health of FXNC have multiple concerns. FXNC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FXNC was profitable.
In the past year FXNC had a positive cash flow from operations.
Each year in the past 5 years FXNC has been profitable.
FXNC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of FXNC (0.49%) is worse than 74.19% of its industry peers.
FXNC has a Return On Equity of 5.63%. This is in the lower half of the industry: FXNC underperforms 70.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.49% | ||
| ROE | 5.63% | ||
| ROIC | N/A |
ROA(3y)0.75%
ROA(5y)0.79%
ROE(3y)9.32%
ROE(5y)9.45%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FXNC's Profit Margin of 12.17% is on the low side compared to the rest of the industry. FXNC is outperformed by 80.45% of its industry peers.
FXNC's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for FXNC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 12.17% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-23.95%
PM growth 5Y-17.29%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FXNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
FXNC has more shares outstanding than it did 1 year ago.
FXNC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FXNC has been reduced compared to a year ago.
2.2 Solvency
FXNC has a debt to FCF ratio of 3.97. This is a good value and a sign of high solvency as FXNC would need 3.97 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.97, FXNC is in line with its industry, outperforming 41.35% of the companies in the same industry.
A Debt/Equity ratio of 0.51 indicates that FXNC is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.51, FXNC is not doing good in the industry: 76.69% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.59%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for FXNC have decreased strongly by -24.18% in the last year.
The earnings per share for FXNC have been decreasing by -12.24% on average. This is quite bad
The Revenue has grown by 24.70% in the past year. This is a very strong growth!
FXNC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.49% yearly.
EPS 1Y (TTM)-24.18%
EPS 3Y-18.71%
EPS 5Y-12.24%
EPS Q2Q%28.57%
Revenue 1Y (TTM)24.7%
Revenue growth 3Y15.19%
Revenue growth 5Y13.49%
Sales Q2Q%78.72%
3.2 Future
FXNC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 46.78% yearly.
The Revenue is expected to grow by 19.50% on average over the next years. This is quite good.
EPS Next Y98.28%
EPS Next 2Y46.78%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year37%
Revenue Next 2Y19.5%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.56 indicates a rather expensive valuation of FXNC.
Compared to the rest of the industry, the Price/Earnings ratio of FXNC indicates a rather expensive valuation: FXNC more expensive than 81.45% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FXNC to the average of the S&P500 Index (29.63), we can say FXNC is valued slightly cheaper.
With a Price/Forward Earnings ratio of 10.87, the valuation of FXNC can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FXNC is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of FXNC to the average of the S&P500 Index (22.68), we can say FXNC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.56 | ||
| Fwd PE | 10.87 |
4.2 Price Multiples
FXNC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.84 | ||
| 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.
A more expensive valuation may be justified as FXNC's earnings are expected to grow with 46.78% in the coming years.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y46.78%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.44%, FXNC has a reasonable but not impressive dividend return.
FXNC's Dividend Yield is slightly below the industry average, which is at 3.18.
FXNC's Dividend Yield is comparable with the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
5.2 History
On average, the dividend of FXNC grows each year by 24.96%, which is quite nice.
FXNC has been paying a dividend for at least 10 years, so it has a reliable track record.
FXNC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)24.96%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
50.95% of the earnings are spent on dividend by FXNC. This is a bit on the high side, but may be sustainable.
FXNC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP50.95%
EPS Next 2Y46.78%
EPS Next 3YN/A
NASDAQ:FXNC (2/21/2025, 8:22:46 PM)
25.01
-0.39 (-1.54%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners35.94%
Inst Owner Change-81.9%
Ins Owners13.78%
Ins Owner Change15.4%
Market Cap224.34M
Analysts80
Price Target28.56 (14.19%)
Short Float %0.3%
Short Ratio0.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
Yearly Dividend0.57
Dividend Growth(5Y)24.96%
DP50.95%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.53%
Min EPS beat(2)-13.1%
Max EPS beat(2)-1.96%
EPS beat(4)1
Avg EPS beat(4)-31.84%
Min EPS beat(4)-128.59%
Max EPS beat(4)16.28%
EPS beat(8)3
Avg EPS beat(8)-13.73%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-50.43%
Min Revenue beat(2)-99.9%
Max Revenue beat(2)-0.95%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.74%
PT rev (3m)30.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28.57%
EPS NY rev (1m)-4.25%
EPS NY rev (3m)-3.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-2.93%
Revenue NY rev (3m)-2.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.56 | ||
| Fwd PE | 10.87 | ||
| P/S | 3.87 | ||
| P/FCF | 13.84 | ||
| P/OCF | 11.47 | ||
| P/B | 1.79 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.16
EY4.64%
EPS(NY)2.3
Fwd EY9.2%
FCF(TTM)1.81
FCFY7.23%
OCF(TTM)2.18
OCFY8.72%
SpS6.46
BVpS13.95
TBVpS13.6
PEG (NY)0.22
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.49% | ||
| ROE | 5.63% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 12.17% | ||
| GM | N/A | ||
| FCFM | 27.99% |
ROA(3y)0.75%
ROA(5y)0.79%
ROE(3y)9.32%
ROE(5y)9.45%
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-23.95%
PM growth 5Y-17.29%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.97 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 195.51% | ||
| Cap/Sales | 5.78% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 229.98% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC10.59%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-24.18%
EPS 3Y-18.71%
EPS 5Y-12.24%
EPS Q2Q%28.57%
EPS Next Y98.28%
EPS Next 2Y46.78%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.7%
Revenue growth 3Y15.19%
Revenue growth 5Y13.49%
Sales Q2Q%78.72%
Revenue Next Year37%
Revenue Next 2Y19.5%
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-18.87%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-7.92%
OCF growth 3YN/A
OCF growth 5YN/A