SANDY SPRING BANCORP INC (SASR)
US8003631038 - Common Stock
Overall SASR gets a fundamental rating of 3 out of 10. We evaluated SASR against 406 industry peers in the Banks industry. Both the profitability and financial health of SASR have multiple concerns. SASR has a expensive valuation and it also scores bad on growth. SASR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SASR had positive earnings in the past year.
SASR had a positive operating cash flow in the past year.
Each year in the past 5 years SASR has been profitable.
Each year in the past 5 years SASR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.59%, SASR is doing worse than 65.10% of the companies in the same industry.
With a Return On Equity value of 5.24%, SASR is not doing good in the industry: 73.02% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 5.24% | ||
| ROIC | N/A |
ROA(3y)1.31%
ROA(5y)1.2%
ROE(3y)11.42%
ROE(5y)10.2%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of SASR (21.52%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of SASR has remained more or less at the same level.
SASR 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) | 21.52% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y12.09%
PM growth 5Y-1.4%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SASR does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SASR remains at a similar level compared to 1 year ago.
Compared to 5 years ago, SASR has more shares outstanding
SASR has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of SASR is 6.59, which is on the high side as it means it would take SASR, 6.59 years of fcf income to pay off all of its debts.
SASR has a worse Debt to FCF ratio (6.59) than 66.83% of its industry peers.
SASR has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
SASR's Debt to Equity ratio of 0.27 is on the low side compared to the rest of the industry. SASR is outperformed by 61.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 6.59 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.15%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SASR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.18%.
The Earnings Per Share has been decreasing by -0.34% on average over the past years.
The Revenue for SASR has decreased by -10.67% in the past year. This is quite bad
The Revenue has been growing slightly by 5.58% on average over the past years.
EPS 1Y (TTM)-37.18%
EPS 3Y11.74%
EPS 5Y-0.34%
EPS Q2Q%-41.94%
Revenue 1Y (TTM)-10.67%
Revenue growth 3Y-3.27%
Revenue growth 5Y5.58%
Sales Q2Q%-4.31%
3.2 Future
SASR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.57% yearly.
Based on estimates for the next years, SASR will show a small growth in Revenue. The Revenue will grow by 4.65% on average per year.
EPS Next Y-37.34%
EPS Next 2Y-5.74%
EPS Next 3Y2.57%
EPS Next 5YN/A
Revenue Next Year-7.46%
Revenue Next 2Y4.65%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
SASR is valuated rather expensively with a Price/Earnings ratio of 17.35.
Compared to the rest of the industry, the Price/Earnings ratio of SASR indicates a slightly more expensive valuation: SASR is more expensive than 72.03% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SASR to the average of the S&P500 Index (27.73), we can say SASR is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.06, the valuation of SASR can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as SASR.
SASR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.35 | ||
| Fwd PE | 13.06 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SASR is valued a bit more expensive than 70.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.89 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.74%
EPS Next 3Y2.57%
5. Dividend
5.1 Amount
SASR has a Yearly Dividend Yield of 4.09%, which is a nice return.
Compared to an average industry Dividend Yield of 3.15, SASR pays a bit more dividend than its industry peers.
SASR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
5.2 History
The dividend of SASR has a limited annual growth rate of 0.76%.
SASR has paid a dividend for at least 10 years, which is a reliable track record.
SASR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.76%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
SASR pays out 72.06% of its income as dividend. This is not a sustainable payout ratio.
SASR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP72.06%
EPS Next 2Y-5.74%
EPS Next 3Y2.57%
SANDY SPRING BANCORP INC
NASDAQ:SASR (12/20/2024, 8:00:01 PM)
After market: 34 0 (0%)34
+0.77 (+2.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners73.13%
Inst Owner Change2.18%
Ins Owners3.52%
Ins Owner Change-1.02%
Market Cap1.53B
Analysts47.5
Price Target36.04 (6%)
Short Float %2.36%
Short Ratio2.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
Dividend Growth(5Y)0.76%
DP72.06%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.76%
Min EPS beat(2)-22.85%
Max EPS beat(2)15.34%
EPS beat(4)3
Avg EPS beat(4)3.26%
Min EPS beat(4)-22.85%
Max EPS beat(4)15.34%
EPS beat(8)5
Avg EPS beat(8)7.12%
EPS beat(12)5
Avg EPS beat(12)1.46%
EPS beat(16)8
Avg EPS beat(16)6.18%
Revenue beat(2)0
Avg Revenue beat(2)-6.83%
Min Revenue beat(2)-9.81%
Max Revenue beat(2)-3.85%
Revenue beat(4)1
Avg Revenue beat(4)0.42%
Min Revenue beat(4)-9.81%
Max Revenue beat(4)19.36%
Revenue beat(8)3
Avg Revenue beat(8)0.38%
Revenue beat(12)7
Avg Revenue beat(12)5.5%
Revenue beat(16)11
Avg Revenue beat(16)7.94%
PT rev (1m)11.29%
PT rev (3m)13.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.04%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-13.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.35 | ||
| Fwd PE | 13.06 | ||
| P/S | 3.87 | ||
| P/FCF | 22.89 | ||
| P/OCF | 18.29 | ||
| P/B | 0.94 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.96
EY5.76%
EPS(NY)2.6
Fwd EY7.66%
FCF(TTM)1.49
FCFY4.37%
OCF(TTM)1.86
OCFY5.47%
SpS8.79
BVpS36.08
TBVpS27.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 5.24% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 21.52% | ||
| GM | N/A | ||
| FCFM | 16.89% |
ROA(3y)1.31%
ROA(5y)1.2%
ROE(3y)11.42%
ROE(5y)10.2%
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 3Y12.09%
PM growth 5Y-1.4%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 6.59 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 67.8% | ||
| Cap/Sales | 4.25% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 78.48% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC12.15%
ROIC/WACCN/A
Cap/Depr(3y)88.51%
Cap/Depr(5y)65.74%
Cap/Sales(3y)2.78%
Cap/Sales(5y)2.19%
Profit Quality(3y)103.5%
Profit Quality(5y)106.97%
High Growth Momentum
Growth
EPS 1Y (TTM)-37.18%
EPS 3Y11.74%
EPS 5Y-0.34%
EPS Q2Q%-41.94%
EPS Next Y-37.34%
EPS Next 2Y-5.74%
EPS Next 3Y2.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-10.67%
Revenue growth 3Y-3.27%
Revenue growth 5Y5.58%
Sales Q2Q%-4.31%
Revenue Next Year-7.46%
Revenue Next 2Y4.65%
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-69.28%
FCF growth 3Y-3.31%
FCF growth 5Y-2.03%
OCF growth 1Y-64.01%
OCF growth 3Y-0.99%
OCF growth 5Y-1.36%