NB BANCORP INC (NBBK) Stock Fundamental Analysis
NASDAQ:NBBK - Nasdaq - US63945M1071 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to NBBK. NBBK was compared to 397 industry peers in the Banks industry. NBBK has a medium profitability rating, but doesn't score so well on its financial health evaluation. NBBK is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year NBBK was profitable.
NBBK had a positive operating cash flow in the past year.
1.2 Ratios
NBBK has a Return On Assets (0.88%) which is comparable to the rest of the industry.
The Return On Equity of NBBK (6.23%) is worse than 67.51% of its industry peers.
With an excellent Return On Invested Capital value of 3.04%, NBBK belongs to the best of the industry, outperforming 99.75% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NBBK is in line with the industry average of 2.64%.
The last Return On Invested Capital (3.04%) for NBBK is above the 3 year average (1.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 6.23% | ||
| ROIC | 3.04% |
ROA(3y)0.62%
ROA(5y)N/A
ROE(3y)5.18%
ROE(5y)N/A
ROIC(3y)1.99%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 15.34%, NBBK is doing worse than 74.56% of the companies in the same industry.
In the last couple of years the Profit Margin of NBBK has declined.
With an excellent Operating Margin value of 67.35%, NBBK belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of NBBK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 67.35% | ||
| PM (TTM) | 15.34% | ||
| GM | N/A |
OM growth 3Y14.26%
OM growth 5YN/A
PM growth 3Y-14.62%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NBBK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
NBBK has about the same amout of shares outstanding than it did 1 year ago.
The debt/assets ratio for NBBK is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.56, we must say that NBBK is in the distress zone and has some risk of bankruptcy.
NBBK has a Altman-Z score of -0.56. This is amongst the best in the industry. NBBK outperforms 99.50% of its industry peers.
The Debt to FCF ratio of NBBK is 70.19, which is on the high side as it means it would take NBBK, 70.19 years of fcf income to pay off all of its debts.
NBBK's Debt to FCF ratio of 70.19 is on the low side compared to the rest of the industry. NBBK is outperformed by 86.65% of its industry peers.
A Debt/Equity ratio of 5.97 is on the high side and indicates that NBBK has dependencies on debt financing.
NBBK has a Debt to Equity ratio of 5.97. This is amonst the worse of the industry: NBBK underperforms 97.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.97 | ||
| Debt/FCF | 70.19 | ||
| Altman-Z | -0.56 |
ROIC/WACC0.65
WACC4.67%
2.3 Liquidity
A Current Ratio of 0.05 indicates that NBBK may have some problems paying its short term obligations.
NBBK's Current ratio of 0.05 is amongst the best of the industry. NBBK outperforms 99.50% of its industry peers.
NBBK has a Quick Ratio of 0.05. This is a bad value and indicates that NBBK is not financially healthy enough and could expect problems in meeting its short term obligations.
NBBK has a better Quick ratio (0.05) than 99.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
NBBK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 327.71%, which is quite impressive.
The Earnings Per Share has been growing by 26.69% on average over the past years. This is a very strong growth
The Revenue has grown by 22.30% in the past year. This is a very strong growth!
Measured over the past years, NBBK shows a very strong growth in Revenue. The Revenue has been growing by 46.42% on average per year.
EPS 1Y (TTM)327.71%
EPS 3Y26.69%
EPS 5YN/A
EPS Q2Q%59.09%
Revenue 1Y (TTM)22.3%
Revenue growth 3Y46.42%
Revenue growth 5YN/A
Sales Q2Q%12.03%
3.2 Future
The Earnings Per Share is expected to grow by 30.99% on average over the next years. This is a very strong growth
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y39.18%
EPS Next 2Y30.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.82, NBBK is valued correctly.
Based on the Price/Earnings ratio, NBBK is valued a bit more expensive than 68.51% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. NBBK is valued slightly cheaper when compared to this.
NBBK is valuated reasonably with a Price/Forward Earnings ratio of 10.34.
NBBK's Price/Forward Earnings is on the same level as the industry average.
NBBK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.82 | ||
| Fwd PE | 10.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NBBK indicates a rather cheap valuation: NBBK is cheaper than 100.00% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NBBK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.23 | ||
| EV/EBITDA | 3.22 |
4.3 Compensation for Growth
NBBK's 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 NBBK's earnings are expected to grow with 30.99% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y30.99%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for NBBK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.98
-0.04 (-0.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners45.93%
Inst Owner Change0%
Ins Owners4.81%
Ins Owner Change85.01%
Market Cap770.02M
Analysts82.86
Price Target19.38 (2.11%)
Short Float %4.74%
Short Ratio6.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.27%
Min EPS beat(2)3.98%
Max EPS beat(2)22.55%
EPS beat(4)2
Avg EPS beat(4)0.94%
Min EPS beat(4)-20.81%
Max EPS beat(4)22.55%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)0%
PT rev (3m)-13.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.06%
EPS NY rev (1m)0%
EPS NY rev (3m)5.04%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.82 | ||
| Fwd PE | 10.34 | ||
| P/S | 2.56 | ||
| P/FCF | 12.23 | ||
| P/OCF | 11.9 | ||
| P/B | 1.04 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 3.22 |
EPS(TTM)1.2
EY6.32%
EPS(NY)1.84
Fwd EY9.67%
FCF(TTM)1.55
FCFY8.17%
OCF(TTM)1.6
OCFY8.4%
SpS7.41
BVpS18.23
TBVpS18.23
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 6.23% | ||
| ROCE | 24.25% | ||
| ROIC | 3.04% | ||
| ROICexc | 3.16% | ||
| ROICexgc | 3.27% | ||
| OM | 67.35% | ||
| PM (TTM) | 15.34% | ||
| GM | N/A | ||
| FCFM | 20.94% |
ROA(3y)0.62%
ROA(5y)N/A
ROE(3y)5.18%
ROE(5y)N/A
ROIC(3y)1.99%
ROIC(5y)N/A
ROICexc(3y)2.06%
ROICexc(5y)N/A
ROICexgc(3y)2.12%
ROICexgc(5y)N/A
ROCE(3y)15.54%
ROCE(5y)N/A
ROICexcg growth 3Y33.38%
ROICexcg growth 5YN/A
ROICexc growth 3Y32.95%
ROICexc growth 5YN/A
OM growth 3Y14.26%
OM growth 5YN/A
PM growth 3Y-14.62%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.97 | ||
| Debt/FCF | 70.19 | ||
| Debt/EBITDA | 21.52 | ||
| Cap/Depr | 63.14% | ||
| Cap/Sales | 0.59% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 31.53% | ||
| Profit Quality | 136.52% | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | -0.56 |
F-Score7
WACC4.67%
ROIC/WACC0.65
Cap/Depr(3y)178.49%
Cap/Depr(5y)N/A
Cap/Sales(3y)2.96%
Cap/Sales(5y)N/A
Profit Quality(3y)236.98%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)327.71%
EPS 3Y26.69%
EPS 5YN/A
EPS Q2Q%59.09%
EPS Next Y39.18%
EPS Next 2Y30.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)22.3%
Revenue growth 3Y46.42%
Revenue growth 5YN/A
Sales Q2Q%12.03%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y66.49%
EBIT growth 3Y67.31%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-17.56%
FCF growth 3Y-0.63%
FCF growth 5YN/A
OCF growth 1Y-18.36%
OCF growth 3Y-0.5%
OCF growth 5YN/A