65.48 USD
-1.35 (-2.02%)
65.48 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to SRCE. SRCE was compared to 385 industry peers in the Banks industry. While SRCE is still in line with the averages on profitability rating, there are concerns on its financial health. SRCE has a decent growth rate and is not valued too expensively. SRCE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SRCE had positive earnings in the past year.
SRCE had a positive operating cash flow in the past year.
SRCE had positive earnings in each of the past 5 years.
Each year in the past 5 years SRCE had a positive operating cash flow.
1.2 Ratios
SRCE has a better Return On Assets (1.63%) than 91.69% of its industry peers.
SRCE has a Return On Equity of 11.91%. This is amongst the best in the industry. SRCE outperforms 81.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 11.91% | ||
| ROIC | N/A |
ROA(3y)1.44%
ROA(5y)1.38%
ROE(3y)12.72%
ROE(5y)12.02%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 35.00%, SRCE belongs to the top of the industry, outperforming 91.69% of the companies in the same industry.
SRCE's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for SRCE so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 35% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.95%
PM growth 5Y3.83%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SRCE does not have a ROIC to compare to the WACC, probably because it is not profitable.
SRCE has more shares outstanding than it did 1 year ago.
SRCE has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, SRCE has a worse debt to assets ratio.
2.2 Solvency
SRCE has a debt to FCF ratio of 0.94. This is a very positive value and a sign of high solvency as it would only need 0.94 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 0.94, SRCE is doing good in the industry, outperforming 68.57% of the companies in the same industry.
SRCE has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
SRCE's Debt to Equity ratio of 0.14 is in line compared to the rest of the industry. SRCE outperforms 56.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.94 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.85%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.69% over the past year.
The Earnings Per Share has been growing by 8.41% on average over the past years. This is quite good.
Looking at the last year, SRCE shows a quite strong growth in Revenue. The Revenue has grown by 10.54% in the last year.
SRCE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.56% yearly.
EPS 1Y (TTM)14.69%
EPS 3Y4.55%
EPS 5Y8.41%
EPS Q2Q%21.28%
Revenue 1Y (TTM)10.54%
Revenue growth 3Y4.76%
Revenue growth 5Y3.56%
Sales Q2Q%12.99%
3.2 Future
The Earnings Per Share is expected to grow by 7.62% on average over the next years.
Based on estimates for the next years, SRCE will show a small growth in Revenue. The Revenue will grow by 5.87% on average per year.
EPS Next Y20.97%
EPS Next 2Y10.17%
EPS Next 3Y7.62%
EPS Next 5YN/A
Revenue Next Year12.63%
Revenue Next 2Y7.33%
Revenue Next 3Y5.87%
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 stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.90, the valuation of SRCE can be described as reasonable.
Based on the Price/Earnings ratio, SRCE is valued a bit cheaper than 71.69% of the companies in the same industry.
When comparing the Price/Earnings ratio of SRCE to the average of the S&P500 Index (26.38), we can say SRCE is valued rather cheaply.
The Price/Forward Earnings ratio is 10.06, which indicates a very decent valuation of SRCE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SRCE is on the same level as its industry peers.
SRCE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | 10.06 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SRCE is valued a bit cheaper than the industry average as 77.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.57 | ||
| 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.
PEG (NY)0.52
PEG (5Y)1.3
EPS Next 2Y10.17%
EPS Next 3Y7.62%
5. Dividend
5.1 Amount
SRCE has a Yearly Dividend Yield of 2.39%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.70, SRCE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, SRCE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
5.2 History
The dividend of SRCE has a limited annual growth rate of 5.05%.
SRCE has paid a dividend for at least 10 years, which is a reliable track record.
SRCE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.05%
Div Incr Years26
Div Non Decr Years26
5.3 Sustainability
25.42% of the earnings are spent on dividend by SRCE. This is a low number and sustainable payout ratio.
SRCE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP25.42%
EPS Next 2Y10.17%
EPS Next 3Y7.62%
65.48
-1.35 (-2.02%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners74.64%
Inst Owner Change-1.16%
Ins Owners25.84%
Ins Owner Change-0.14%
Market Cap1.60B
Revenue(TTM)420.79M
Net Income(TTM)147.30M
Analysts77.78
Price Target74.12 (13.19%)
Short Float %1%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
Yearly Dividend1.45
Dividend Growth(5Y)5.05%
DP25.42%
Div Incr Years26
Div Non Decr Years26
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.77%
Min EPS beat(2)0.5%
Max EPS beat(2)5.04%
EPS beat(4)3
Avg EPS beat(4)1.92%
Min EPS beat(4)-6.41%
Max EPS beat(4)8.56%
EPS beat(8)6
Avg EPS beat(8)3.9%
EPS beat(12)8
Avg EPS beat(12)4.81%
EPS beat(16)11
Avg EPS beat(16)5.2%
Revenue beat(2)1
Avg Revenue beat(2)0.2%
Min Revenue beat(2)-0.89%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-0.09%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)1.28%
Revenue beat(8)3
Avg Revenue beat(8)-0.5%
Revenue beat(12)4
Avg Revenue beat(12)-0.61%
Revenue beat(16)5
Avg Revenue beat(16)-0.75%
PT rev (1m)0%
PT rev (3m)0.93%
EPS NQ rev (1m)0.37%
EPS NQ rev (3m)1.6%
EPS NY rev (1m)0.58%
EPS NY rev (3m)2.08%
Revenue NQ rev (1m)0.35%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)0.34%
Revenue NY rev (3m)0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | 10.06 | ||
| P/S | 3.8 | ||
| P/FCF | 8.57 | ||
| P/OCF | 7.95 | ||
| P/B | 1.29 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | N/A |
EPS(TTM)6.01
EY9.18%
EPS(NY)6.51
Fwd EY9.94%
FCF(TTM)7.64
FCFY11.66%
OCF(TTM)8.24
OCFY12.58%
SpS17.22
BVpS50.61
TBVpS47.18
PEG (NY)0.52
PEG (5Y)1.3
Graham Number82.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 11.91% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 35% | ||
| GM | N/A | ||
| FCFM | 44.34% |
ROA(3y)1.44%
ROA(5y)1.38%
ROE(3y)12.72%
ROE(5y)12.02%
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 3Y-0.95%
PM growth 5Y3.83%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.94 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 173.81% | ||
| Cap/Sales | 3.48% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 126.67% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC7.85%
ROIC/WACCN/A
Cap/Depr(3y)65.39%
Cap/Depr(5y)44.06%
Cap/Sales(3y)1.83%
Cap/Sales(5y)1.45%
Profit Quality(3y)143.34%
Profit Quality(5y)151.36%
High Growth Momentum
Growth
EPS 1Y (TTM)14.69%
EPS 3Y4.55%
EPS 5Y8.41%
EPS Q2Q%21.28%
EPS Next Y20.97%
EPS Next 2Y10.17%
EPS Next 3Y7.62%
EPS Next 5YN/A
Revenue 1Y (TTM)10.54%
Revenue growth 3Y4.76%
Revenue growth 5Y3.56%
Sales Q2Q%12.99%
Revenue Next Year12.63%
Revenue Next 2Y7.33%
Revenue Next 3Y5.87%
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 1Y1.45%
FCF growth 3Y3.46%
FCF growth 5Y3.33%
OCF growth 1Y7.27%
OCF growth 3Y5.14%
OCF growth 5Y3.33%
1ST SOURCE CORP / SRCE FAQ
What is the fundamental rating for SRCE stock?
ChartMill assigns a fundamental rating of 5 / 10 to SRCE.
What is the valuation status of 1ST SOURCE CORP (SRCE) stock?
ChartMill assigns a valuation rating of 6 / 10 to 1ST SOURCE CORP (SRCE). This can be considered as Fairly Valued.
How profitable is 1ST SOURCE CORP (SRCE) stock?
1ST SOURCE CORP (SRCE) has a profitability rating of 5 / 10.
How financially healthy is 1ST SOURCE CORP?
The financial health rating of 1ST SOURCE CORP (SRCE) is 3 / 10.
What is the expected EPS growth for 1ST SOURCE CORP (SRCE) stock?
The Earnings per Share (EPS) of 1ST SOURCE CORP (SRCE) is expected to grow by 20.97% in the next year.