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SALISBURY BANCORP INC (SAL) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:SAL - US7952261094 - Common Stock

27.88 USD
+0.43 (+1.57%)
Last: 8/11/2023, 8:22:23 PM
Fundamental Rating

3

SAL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 388 industry peers in the Banks industry. SAL has a bad profitability rating. Also its financial health evaluation is rather negative. SAL is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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3

1. Profitability

1.1 Basic Checks

In the past year SAL was profitable.
SAL had a positive operating cash flow in the past year.
Each year in the past 5 years SAL has been profitable.
In the past 5 years SAL always reported a positive cash flow from operatings.
SAL Yearly Net Income VS EBIT VS OCF VS FCFSAL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 5M 10M 15M 20M 25M

1.2 Ratios

SAL has a Return On Assets of 0.94%. This is in the lower half of the industry: SAL underperforms 62.83% of its industry peers.
SAL's Return On Equity of 11.00% is in line compared to the rest of the industry. SAL outperforms 48.20% of its industry peers.
Industry RankSector 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
SAL Yearly ROA, ROE, ROICSAL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2 4 6 8 10

1.3 Margins

SAL has a Profit Margin (26.49%) which is comparable to the rest of the industry.
SAL's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for SAL so they could not be analyzed.
Industry RankSector 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
SAL Yearly Profit, Operating, Gross MarginsSAL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 10 20 30

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3

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.
SAL has a better debt/assets ratio than last year.
SAL Yearly Shares OutstandingSAL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 1M 2M 3M 4M 5M
SAL Yearly Total Debt VS Total AssetsSAL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 500M 1B 1.5B

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.
SAL has a better Debt to FCF ratio (1.28) than 63.55% of its industry peers.
SAL has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
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 RankSector Rank
Debt/Equity 0.22
Debt/FCF 1.28
Altman-Z N/A
ROIC/WACCN/A
WACC8.75%
SAL Yearly LT Debt VS Equity VS FCFSAL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 20M 40M 60M 80M 100M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
SAL Yearly Current Assets VS Current LiabilitesSAL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 5M 10M 15M

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3

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.
The Revenue has been growing slightly by 2.40% in the past 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

Based on estimates for the next years, SAL will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.05% on average per year.
Based on estimates for the next years, SAL will show a decrease in Revenue. The Revenue will decrease by -3.61% on average per year.
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

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SAL Yearly Revenue VS EstimatesSAL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
SAL Yearly EPS VS EstimatesSAL Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 1 2 3

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5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 10.52 indicates a reasonable valuation of SAL.
Based on the Price/Earnings ratio, SAL is valued a bit more expensive than the industry average as 73.62% of the companies are valued more cheaply.
SAL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.39.
A Price/Forward Earnings ratio of 8.12 indicates a reasonable valuation of SAL.
SAL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SAL is cheaper than 72.90% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.84. SAL is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 10.52
Fwd PE 8.12
SAL Price Earnings VS Forward Price EarningsSAL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, SAL is valued a bit cheaper than the industry average as 70.74% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 5.72
EV/EBITDA N/A
SAL Per share dataSAL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

SAL's 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

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5

5. Dividend

5.1 Amount

SAL has a Yearly Dividend Yield of 2.30%.
SAL's Dividend Yield is slightly below the industry average, which is at 2.74.
Compared to an average S&P500 Dividend Yield of 1.87, SAL pays a bit more dividend than the S&P500 average.
Industry RankSector 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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-5.24%
Div Incr Years3
Div Non Decr Years13
SAL Yearly Dividends per shareSAL Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 0.2 0.4 0.6

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
SAL Yearly Income VS Free CF VS DividendSAL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 5M 10M 15M 20M 25M
SAL Dividend Payout.SAL Dividend Payout, showing the Payout Ratio.SAL Dividend Payout.PayoutRetained Earnings

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SALISBURY BANCORP INC

NASDAQ:SAL (8/11/2023, 8:22:23 PM)

27.88

+0.43 (+1.57%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)07-26 2023-07-26/dmh
Earnings (Next)10-17 2023-10-17
Inst Owners0.18%
Inst Owner Change-99.31%
Ins Owners4.58%
Ins Owner Change0%
Market Cap161.87M
Revenue(TTM)55.27M
Net Income(TTM)14.64M
Analysts45
Price Target31.62 (13.41%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.3%
Yearly Dividend0.85
Dividend Growth(5Y)-5.24%
DP25.32%
Div Incr Years3
Div Non Decr Years13
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.83%
Min EPS beat(2)-20.79%
Max EPS beat(2)-18.87%
EPS beat(4)0
Avg EPS beat(4)-13.56%
Min EPS beat(4)-20.79%
Max EPS beat(4)-3.56%
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)1
Avg Revenue beat(2)5.48%
Min Revenue beat(2)-1.19%
Max Revenue beat(2)12.16%
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 10.52
Fwd PE 8.12
P/S 2.93
P/FCF 5.72
P/OCF 5.66
P/B 1.22
P/tB 1.36
EV/EBITDA N/A
EPS(TTM)2.65
EY9.51%
EPS(NY)3.43
Fwd EY12.32%
FCF(TTM)4.88
FCFY17.49%
OCF(TTM)4.93
OCFY17.68%
SpS9.52
BVpS22.92
TBVpS20.51
PEG (NY)0.81
PEG (5Y)2.51
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 0.94%
ROE 11%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 26.49%
GM N/A
FCFM 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
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 3Y2.77%
PM growth 5Y11.87%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 1.28
Debt/EBITDA N/A
Cap/Depr 17.19%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 193.38%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC8.75%
ROIC/WACCN/A
Cap/Depr(3y)142.19%
Cap/Depr(5y)119.24%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)115.85%
Profit Quality(5y)119.16%
High Growth Momentum
Growth
EPS 1Y (TTM)2.32%
EPS 3Y-7.09%
EPS 5Y4.19%
EPS Q2Q%-10.61%
EPS Next Y13%
EPS Next 2Y12.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.4%
Revenue growth 3Y9.38%
Revenue growth 5Y7.5%
Sales Q2Q%-13.37%
Revenue Next Year-11.18%
Revenue Next 2Y-3.61%
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 1Y90.14%
FCF growth 3Y29.42%
FCF growth 5Y26.35%
OCF growth 1Y44.8%
OCF growth 3Y24.19%
OCF growth 5Y21.87%

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.


Can you provide the valuation status for SALISBURY BANCORP INC?

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.


Can you provide the financial health for SAL stock?

The financial health rating of SALISBURY BANCORP INC (SAL) is 3 / 10.


How sustainable is the dividend of SALISBURY BANCORP INC (SAL) stock?

The dividend rating of SALISBURY BANCORP INC (SAL) is 5 / 10 and the dividend payout ratio is 25.32%.