Nicolet Bankshares, Inc.
Nicolet Bankshares, Inc. Fundamental Analysis
Nicolet Bankshares, Inc. (NIC) shows moderate financial fundamentals with a PE ratio of 17.32, profit margin of 22.99%, and ROE of 9.01%. The company generates $0.6B in annual revenue with moderate year-over-year growth of 6.39%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 65.4/100 based on profitability, valuation, growth, and balance sheet metrics. The C+ grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze NIC's fundamental strength across five key dimensions:
Efficiency Score
WeakNIC struggles to generate sufficient returns from assets.
Valuation Score
ExcellentNIC trades at attractive valuation levels.
Growth Score
ExcellentNIC delivers strong and consistent growth momentum.
Financial Health Score
ModerateNIC shows balanced financial health with some risks.
Profitability Score
ModerateNIC maintains healthy but balanced margins.
Key Financial Metrics
Is NIC Expensive or Cheap?
P/E Ratio
NIC trades at 17.32 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, NIC's PEG of -1.33 indicates potential undervaluation.
Price to Book
The market values Nicolet Bankshares, Inc. at 1.02 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 16.08 times EBITDA. This signals the market has high growth expectations.
How Well Does NIC Make Money?
Net Profit Margin
For every $100 in sales, Nicolet Bankshares, Inc. keeps $22.99 as profit after all expenses.
Operating Margin
Core operations generate 25.32 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $9.01 in profit for every $100 of shareholder equity.
ROA
Nicolet Bankshares, Inc. generates $0.86 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Nicolet Bankshares, Inc. generates strong operating cash flow of $154.22M, reflecting robust business health.
Free Cash Flow
Nicolet Bankshares, Inc. generates strong free cash flow of $150.11M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $10.02 in free cash annually.
FCF Yield
NIC converts 6.45% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
17.32
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-1.33
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.02
vs 25 benchmark
P/S Ratio
Price to sales ratio
4.00
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.00
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.00
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.09
vs 25 benchmark
ROA
Return on assets percentage
0.009
vs 25 benchmark
ROCE
Return on capital employed
0.009
vs 25 benchmark
How NIC Stacks Against Its Sector Peers
| Metric | NIC Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 17.32 | 19.05 | Neutral |
| ROE | 9.01% | 820.00% | Weak |
| Net Margin | 22.99% | 1618.00% | Weak |
| Debt/Equity | 0.00 | 1.00 | Strong (Low Leverage) |
| Current Ratio | 0.00 | 657.68 | Weak Liquidity |
| ROA | 0.86% | -24974.00% (disorted) | Weak |
NIC outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Nicolet Bankshares, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
78.94%
Industry Style: Value, Dividend, Cyclical
High GrowthEPS CAGR
72.95%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
34.28%
Industry Style: Value, Dividend, Cyclical
High Growth