Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Ps Multiple | 1.8x - 2.0x | 1.9x |
| Selected Fwd Ps Multiple | 1.7x - 1.9x | 1.8x |
| Fair Value | $21.29 - $23.53 | $22.41 |
| Upside | 23.1% - 36.1% | 29.6% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| ACNB Corporation | - | NasdaqCM:ACNB |
| Stock Yards Bancorp, Inc. | - | NasdaqGS:SYBT |
| Sierra Bancorp | - | NasdaqGS:BSRR |
| Bank First Corporation | - | NasdaqCM:BFC |
| Hingham Institution for Savings | - | NasdaqGM:HIFS |
| MVB Financial Corp. | - | NasdaqCM:MVBF |
| Select Price / LTM Sales Ratio | ||||||||
| Benchmark Companies | ||||||||
| ACNB | SYBT | BSRR | BFC | HIFS | MVBF | |||
| NasdaqCM:ACNB | NasdaqGS:SYBT | NasdaqGS:BSRR | NasdaqCM:BFC | NasdaqGM:HIFS | NasdaqCM:MVBF | |||
| Historical Sales Growth | ||||||||
| 5Y CAGR | 7.6% | 14.8% | 4.4% | 15.5% | -2.4% | 4.0% | ||
| 3Y CAGR | 5.7% | 13.0% | 1.4% | 12.7% | -17.0% | 5.0% | ||
| Latest Twelve Months | 4.9% | 5.6% | 5.5% | -11.6% | 3.2% | 1.8% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 28.8% | 32.9% | 27.8% | 39.0% | 49.4% | 21.4% | ||
| Prior Fiscal Year | 29.9% | 33.2% | 25.0% | 41.4% | 41.5% | 15.4% | ||
| Latest Fiscal Year | 28.7% | 33.4% | 27.6% | 41.2% | 43.0% | 13.5% | ||
| Latest Twelve Months | 28.7% | 33.4% | 27.6% | 41.2% | 43.0% | 13.5% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | NA | NA | NA | NA | NA | NA | ||
| Price / LTM Sales | 3.7x | 5.6x | 2.4x | 6.1x | 7.5x | 1.4x | ||
| LTM P/E Ratio | 12.8x | 16.7x | 8.8x | 14.7x | 17.4x | 10.5x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/S Ratio | 2.4x | 5.6x | 7.5x | |||||
| Historical LTM P/S Ratio | 1.4x | 2.0x | 4.0x | |||||
| Selected Price / Sales Multiple | 1.8x | 1.9x | 2.0x | |||||
| (x) LTM Sales | 149 | 149 | 149 | |||||
| (=) Equity Value | 269 | 283 | 297 | |||||
| (/) Shares Outstanding | 12.9 | 12.9 | 12.9 | |||||
| Implied Value Range | 20.78 | 21.87 | 22.96 | |||||
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 20.78 | 21.87 | 22.96 | 17.29 | ||||
| Upside / (Downside) | 20.2% | 26.5% | 32.8% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | ACNB | SYBT | BSRR | BFC | HIFS | MVBF | |
| Value of Common Equity | 437 | 2,035 | 385 | 1,016 | 526 | 224 | |
| (/) Shares Outstanding | 10.5 | 29.4 | 13.8 | 10.0 | 2.2 | 12.9 | |
| Implied Stock Price | 41.47 | 69.12 | 27.91 | 101.62 | 241.29 | 17.29 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 41.47 | 69.12 | 27.91 | 101.62 | 241.29 | 17.29 | |
| Trading Currency | USD | USD | USD | USD | USD | USD | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |