27.88 USD
+0.43 (+1.57%)
Taking everything into account, SAL scores 3 out of 10 in our fundamental rating. SAL was compared to 383 industry peers in the Banks industry. Both the profitability and financial health of SAL have multiple concerns. SAL has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- SAL had positive earnings in the past year.
- In the past year SAL had a positive cash flow from operations.
1.2 Ratios
- SAL's Return On Assets of 0.94% is on the low side compared to the rest of the industry. SAL is outperformed by 62.83% of its industry peers.
- SAL has a Return On Equity (11.00%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.94% | ||
| ROE | 11% | ||
| ROIC | N/A |
ROA(3y)0.99%
ROA(5y)0.95%
ROE(3y)11.16%
ROE(5y)10.31%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- SAL has a Profit Margin (26.49%) which is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of SAL has grown nicely.
- SAL 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) | 26.49% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.77%
PM growth 5Y11.87%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- SAL does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for SAL has been increased compared to 1 year ago.
- Compared to 1 year ago, SAL has an improved debt to assets ratio.
2.2 Solvency
- SAL has a debt to FCF ratio of 1.28. This is a very positive value and a sign of high solvency as it would only need 1.28 years to pay back of all of its debts.
- The Debt to FCF ratio of SAL (1.28) is better than 63.55% of its industry peers.
- A Debt/Equity ratio of 0.22 indicates that SAL is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.22, SAL is not doing good in the industry: 65.47% of the companies in the same industry are doing better.
- Even though the debt/equity ratio score it not favorable for SAL, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.75%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- SAL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.32%.
- Measured over the past 5 years, SAL shows a small growth in Earnings Per Share. The EPS has been growing by 4.19% on average per year.
- Looking at the last year, SAL shows a small growth in Revenue. The Revenue has grown by 2.40% in the last year.
- Measured over the past years, SAL shows a small growth in Revenue. The Revenue has been growing by 7.50% on average per year.
EPS 1Y (TTM)2.32%
EPS 3Y-7.09%
EPS 5Y4.19%
EPS Q2Q%-10.61%
Revenue 1Y (TTM)2.4%
Revenue growth 3Y9.38%
Revenue growth 5Y7.5%
Sales Q2Q%-13.37%
3.2 Future
- SAL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.05% yearly.
- SAL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.61% yearly.
EPS Next Y13%
EPS Next 2Y12.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-11.18%
Revenue Next 2Y-3.61%
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 accelerating.
- 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
- SAL is valuated reasonably with a Price/Earnings ratio of 10.52.
- Based on the Price/Earnings ratio, SAL is valued a bit more expensive than 73.62% of the companies in the same industry.
- When comparing the Price/Earnings ratio of SAL to the average of the S&P500 Index (27.25), we can say SAL is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 8.12, the valuation of SAL can be described as reasonable.
- 72.90% of the companies in the same industry are more expensive than SAL, based on the Price/Forward Earnings ratio.
- SAL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.52 | ||
| Fwd PE | 8.12 |
4.2 Price Multiples
- SAL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SAL is cheaper than 70.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.72 | ||
| 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.
- SAL's earnings are expected to grow with 12.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.81
PEG (5Y)2.51
EPS Next 2Y12.05%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- SAL has a Yearly Dividend Yield of 2.30%.
- Compared to an average industry Dividend Yield of 2.64, SAL is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.82, SAL pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
5.2 History
- The dividend of SAL decreases each year by -5.24%.
- SAL has been paying a dividend for at least 10 years, so it has a reliable track record.
- SAL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-5.24%
Div Incr Years3
Div Non Decr Years13
5.3 Sustainability
- 25.32% of the earnings are spent on dividend by SAL. This is a low number and sustainable payout ratio.
DP25.32%
EPS Next 2Y12.05%
EPS Next 3YN/A
SALISBURY BANCORP INC / SAL FAQ
What is the ChartMill fundamental rating of SALISBURY BANCORP INC (SAL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to SAL.
What is the valuation status of SALISBURY BANCORP INC (SAL) stock?
ChartMill assigns a valuation rating of 5 / 10 to SALISBURY BANCORP INC (SAL). This can be considered as Fairly Valued.
What is the profitability of SAL stock?
SALISBURY BANCORP INC (SAL) has a profitability rating of 3 / 10.
What is the financial health of SALISBURY BANCORP INC (SAL) stock?
The financial health rating of SALISBURY BANCORP INC (SAL) is 3 / 10.
Can you provide the dividend sustainability for SAL stock?
The dividend rating of SALISBURY BANCORP INC (SAL) is 5 / 10 and the dividend payout ratio is 25.32%.