SUMMIT FINANCIAL GROUP INC (SMMF) Stock Fundamental Analysis
USA - NASDAQ:SMMF - US86606G1013 - Common Stock
25.7 USD
-0.66 (-2.5%)
25.7 USD
0 (0%)
Overall SMMF gets a fundamental rating of 4 out of 10. We evaluated SMMF against 392 industry peers in the Banks industry. There are concerns on the financial health of SMMF while its profitability can be described as average. SMMF is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
SMMF had positive earnings in the past year.
In the past year SMMF had a positive cash flow from operations.
Each year in the past 5 years SMMF has been profitable.
Each year in the past 5 years SMMF had a positive operating cash flow.
1.2 Ratios
SMMF's Return On Assets of 1.17% is fine compared to the rest of the industry. SMMF outperforms 76.21% of its industry peers.
SMMF has a Return On Equity of 12.34%. This is amongst the best in the industry. SMMF outperforms 81.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 12.34% | ||
| ROIC | N/A |
ROA(3y)1.26%
ROA(5y)1.22%
ROE(3y)13.62%
ROE(5y)12.97%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SMMF has a better Profit Margin (30.62%) than 77.91% of its industry peers.
In the last couple of years the Profit Margin of SMMF has remained more or less at the same level.
SMMF 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) | 30.62% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.19%
PM growth 5Y-1.01%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SMMF does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SMMF has more shares outstanding
The number of shares outstanding for SMMF has been increased compared to 5 years ago.
SMMF has a better debt/assets ratio than last year.
2.2 Solvency
SMMF has a debt to FCF ratio of 1.85. This is a very positive value and a sign of high solvency as it would only need 1.85 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 1.85, SMMF is doing good in the industry, outperforming 61.41% of the companies in the same industry.
SMMF has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.28, SMMF perfoms like the industry average, outperforming 42.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.47%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SMMF shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.11%.
The Earnings Per Share has been growing by 11.18% on average over the past years. This is quite good.
SMMF shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.59%.
SMMF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.27% yearly.
EPS 1Y (TTM)-6.11%
EPS 3Y16.64%
EPS 5Y11.18%
EPS Q2Q%-8.62%
Revenue 1Y (TTM)20.59%
Revenue growth 3Y15.35%
Revenue growth 5Y15.27%
Sales Q2Q%18.8%
3.2 Future
Based on estimates for the next years, SMMF will show a small growth in Earnings Per Share. The EPS will grow by 3.08% on average per year.
The Revenue is expected to grow by 2.82% on average over the next years.
EPS Next Y6.25%
EPS Next 2Y3.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.35%
Revenue Next 2Y2.82%
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 decreasing.
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
With a Price/Earnings ratio of 6.69, the valuation of SMMF can be described as very cheap.
89.56% of the companies in the same industry are more expensive than SMMF, based on the Price/Earnings ratio.
SMMF is valuated cheaply when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.30, the valuation of SMMF can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SMMF indicates a rather cheap valuation: SMMF is cheaper than 94.42% of the companies listed in the same industry.
SMMF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 6.3 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SMMF is valued cheaper than 86.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.67 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SMMF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.07
PEG (5Y)0.6
EPS Next 2Y3.08%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.42%, SMMF has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.73, SMMF has a dividend in line with its industry peers.
SMMF's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
5.2 History
The dividend of SMMF is nicely growing with an annual growth rate of 12.01%!
SMMF has paid a dividend for at least 10 years, which is a reliable track record.
SMMF has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)12.01%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
23.64% of the earnings are spent on dividend by SMMF. This is a low number and sustainable payout ratio.
SMMF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP23.64%
EPS Next 2Y3.08%
EPS Next 3YN/A
25.7
-0.66 (-2.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners7.2%
Inst Owner Change0%
Ins Owners3.58%
Ins Owner Change0%
Market Cap377.53M
Analysts43.33
Price Target30.6 (19.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
Yearly Dividend0.94
Dividend Growth(5Y)12.01%
DP23.64%
Div Incr Years8
Div Non Decr Years8
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.49%
Min EPS beat(2)-5.53%
Max EPS beat(2)8.51%
EPS beat(4)2
Avg EPS beat(4)-5.93%
Min EPS beat(4)-28.46%
Max EPS beat(4)8.51%
EPS beat(8)3
Avg EPS beat(8)-4.39%
EPS beat(12)6
Avg EPS beat(12)-2.31%
EPS beat(16)9
Avg EPS beat(16)14.72%
Revenue beat(2)1
Avg Revenue beat(2)3.54%
Min Revenue beat(2)-1.73%
Max Revenue beat(2)8.81%
Revenue beat(4)3
Avg Revenue beat(4)8.94%
Min Revenue beat(4)-1.73%
Max Revenue beat(4)17.66%
Revenue beat(8)7
Avg Revenue beat(8)10.25%
Revenue beat(12)11
Avg Revenue beat(12)10.72%
Revenue beat(16)15
Avg Revenue beat(16)13.66%
PT rev (1m)0%
PT rev (3m)30.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.6%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 6.3 | ||
| P/S | 2.13 | ||
| P/FCF | 5.67 | ||
| P/OCF | 5.12 | ||
| P/B | 0.86 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.84
EY14.94%
EPS(NY)4.08
Fwd EY15.88%
FCF(TTM)4.54
FCFY17.65%
OCF(TTM)5.02
OCFY19.53%
SpS12.08
BVpS29.97
TBVpS24.9
PEG (NY)1.07
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.17% | ||
| ROE | 12.34% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 30.62% | ||
| GM | N/A | ||
| FCFM | 37.56% |
ROA(3y)1.26%
ROA(5y)1.22%
ROE(3y)13.62%
ROE(5y)12.97%
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 3Y4.19%
PM growth 5Y-1.01%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 1.85 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 98.66% | ||
| Cap/Sales | 3.99% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 122.63% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC14.47%
ROIC/WACCN/A
Cap/Depr(3y)71.18%
Cap/Depr(5y)120.9%
Cap/Sales(3y)2.8%
Cap/Sales(5y)5.09%
Profit Quality(3y)125.68%
Profit Quality(5y)118.32%
High Growth Momentum
Growth
EPS 1Y (TTM)-6.11%
EPS 3Y16.64%
EPS 5Y11.18%
EPS Q2Q%-8.62%
EPS Next Y6.25%
EPS Next 2Y3.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)20.59%
Revenue growth 3Y15.35%
Revenue growth 5Y15.27%
Sales Q2Q%18.8%
Revenue Next Year1.35%
Revenue Next 2Y2.82%
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 1Y0.08%
FCF growth 3Y22.74%
FCF growth 5Y15.11%
OCF growth 1Y8.52%
OCF growth 3Y18.17%
OCF growth 5Y13.87%