TOWNE BANK (TOWN)
US89214P1093 - Common Stock
Overall TOWN gets a fundamental rating of 3 out of 10. We evaluated TOWN against 406 industry peers in the Banks industry. TOWN may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, TOWN is valued expensive at the moment. TOWN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year TOWN was profitable.
TOWN had a positive operating cash flow in the past year.
In the past 5 years TOWN has always been profitable.
TOWN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TOWN has a Return On Assets of 0.87%. This is comparable to the rest of the industry: TOWN outperforms 59.41% of its industry peers.
The Return On Equity of TOWN (6.96%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.87% | ||
| ROE | 6.96% | ||
| ROIC | N/A |
ROA(3y)1.14%
ROA(5y)1.12%
ROE(3y)9.65%
ROE(5y)9.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TOWN has a Profit Margin of 22.21%. This is comparable to the rest of the industry: TOWN outperforms 50.99% of its industry peers.
In the last couple of years the Profit Margin of TOWN has declined.
TOWN 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) | 22.21% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.37%
PM growth 5Y-2.49%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
TOWN does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, TOWN has more shares outstanding
The number of shares outstanding for TOWN has been increased compared to 5 years ago.
TOWN has a better debt/assets ratio than last year.
2.2 Solvency
TOWN has a debt to FCF ratio of 10.15. This is a negative value and a sign of low solvency as TOWN would need 10.15 years to pay back of all of its debts.
The Debt to FCF ratio of TOWN (10.15) is worse than 70.30% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that TOWN is not too dependend on debt financing.
TOWN has a better Debt to Equity ratio (0.13) than 67.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 10.15 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.14%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
TOWN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.78%.
TOWN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.38% yearly.
The Revenue has decreased by -5.86% in the past year.
TOWN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.44% yearly.
EPS 1Y (TTM)-10.78%
EPS 3Y1.79%
EPS 5Y1.38%
EPS Q2Q%-3.33%
Revenue 1Y (TTM)-5.86%
Revenue growth 3Y1.47%
Revenue growth 5Y5.44%
Sales Q2Q%0.96%
3.2 Future
TOWN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.62% yearly.
TOWN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.64% yearly.
EPS Next Y2%
EPS Next 2Y11.41%
EPS Next 3Y15.62%
EPS Next 5YN/A
Revenue Next Year-1.53%
Revenue Next 2Y6.02%
Revenue Next 3Y7.64%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
TOWN is valuated correctly with a Price/Earnings ratio of 16.58.
TOWN's Price/Earnings ratio is a bit more expensive when compared to the industry. TOWN is more expensive than 70.30% of the companies in the same industry.
TOWN is valuated rather cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.04, TOWN is valued correctly.
Based on the Price/Forward Earnings ratio, TOWN is valued a bit more expensive than the industry average as 61.63% of the companies are valued more cheaply.
TOWN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.58 | ||
| Fwd PE | 13.04 |
4.2 Price Multiples
78.96% of the companies in the same industry are cheaper than TOWN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 90.99 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TOWN does not grow enough to justify the current Price/Earnings ratio.
TOWN's earnings are expected to grow with 15.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)8.29
PEG (5Y)12.05
EPS Next 2Y11.41%
EPS Next 3Y15.62%
5. Dividend
5.1 Amount
TOWN has a Yearly Dividend Yield of 2.74%.
Compared to an average industry Dividend Yield of 3.02, TOWN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.24, TOWN pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
5.2 History
The dividend of TOWN is nicely growing with an annual growth rate of 7.73%!
TOWN has paid a dividend for at least 10 years, which is a reliable track record.
TOWN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.73%
Div Incr Years12
Div Non Decr Years16
5.3 Sustainability
50.20% of the earnings are spent on dividend by TOWN. This is a bit on the high side, but may be sustainable.
TOWN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP50.2%
EPS Next 2Y11.41%
EPS Next 3Y15.62%
TOWNE BANK
NASDAQ:TOWN (12/20/2024, 8:00:01 PM)
After market: 34.32 0 (0%)34.32
+0.17 (+0.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners56.28%
Inst Owner Change3.7%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.58B
Analysts78
Price Target38.25 (11.45%)
Short Float %0.69%
Short Ratio1.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
Dividend Growth(5Y)7.73%
DP50.2%
Div Incr Years12
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.29%
Min EPS beat(2)1.54%
Max EPS beat(2)17.03%
EPS beat(4)2
Avg EPS beat(4)2.7%
Min EPS beat(4)-5.4%
Max EPS beat(4)17.03%
EPS beat(8)3
Avg EPS beat(8)-1.63%
EPS beat(12)6
Avg EPS beat(12)-1.2%
EPS beat(16)10
Avg EPS beat(16)4.32%
Revenue beat(2)0
Avg Revenue beat(2)-2.76%
Min Revenue beat(2)-5.13%
Max Revenue beat(2)-0.39%
Revenue beat(4)0
Avg Revenue beat(4)-4.09%
Min Revenue beat(4)-7.4%
Max Revenue beat(4)-0.39%
Revenue beat(8)0
Avg Revenue beat(8)-3.59%
Revenue beat(12)3
Avg Revenue beat(12)-2.34%
Revenue beat(16)6
Avg Revenue beat(16)-0.83%
PT rev (1m)0.67%
PT rev (3m)4.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.4%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.98%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.58 | ||
| Fwd PE | 13.04 | ||
| P/S | 3.83 | ||
| P/FCF | 90.99 | ||
| P/OCF | 30.91 | ||
| P/B | 1.2 | ||
| P/tB | 1.59 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.07
EY6.03%
EPS(NY)2.63
Fwd EY7.67%
FCF(TTM)0.38
FCFY1.1%
OCF(TTM)1.11
OCFY3.24%
SpS8.95
BVpS28.59
TBVpS21.65
PEG (NY)8.29
PEG (5Y)12.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.87% | ||
| ROE | 6.96% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.21% | ||
| GM | N/A | ||
| FCFM | 4.21% |
ROA(3y)1.14%
ROA(5y)1.12%
ROE(3y)9.65%
ROE(5y)9.13%
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 3Y0.37%
PM growth 5Y-2.49%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 10.15 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 157.59% | ||
| Cap/Sales | 8.19% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 18.97% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC14.14%
ROIC/WACCN/A
Cap/Depr(3y)139.84%
Cap/Depr(5y)140.35%
Cap/Sales(3y)6.19%
Cap/Sales(5y)6.39%
Profit Quality(3y)164.92%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.78%
EPS 3Y1.79%
EPS 5Y1.38%
EPS Q2Q%-3.33%
EPS Next Y2%
EPS Next 2Y11.41%
EPS Next 3Y15.62%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.86%
Revenue growth 3Y1.47%
Revenue growth 5Y5.44%
Sales Q2Q%0.96%
Revenue Next Year-1.53%
Revenue Next 2Y6.02%
Revenue Next 3Y7.64%
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-92.98%
FCF growth 3Y12.59%
FCF growth 5Y-16.38%
OCF growth 1Y-81.43%
OCF growth 3Y8.04%
OCF growth 5Y-12.1%