Old National Bancorp
Old National Bancorp Fundamental Analysis
Old National Bancorp (ONBPP) shows moderate financial fundamentals with a PE ratio of 11.89, profit margin of 19.03%, and ROE of 9.07%. The company generates $3.9B in annual revenue with strong year-over-year growth of 25.48%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 62.5/100 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 ONBPP's fundamental strength across five key dimensions:
Efficiency Score
WeakONBPP struggles to generate sufficient returns from assets.
Valuation Score
ExcellentONBPP trades at attractive valuation levels.
Growth Score
ModerateONBPP shows steady but slowing expansion.
Financial Health Score
ExcellentONBPP maintains a strong and stable balance sheet.
Profitability Score
ModerateONBPP maintains healthy but balanced margins.
Key Financial Metrics
Is ONBPP Expensive or Cheap?
P/E Ratio
ONBPP trades at 11.89 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, ONBPP's PEG of 0.86 indicates potential undervaluation.
Price to Book
The market values Old National Bancorp at 1.06 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 1.62 times EBITDA. This is generally considered low.
How Well Does ONBPP Make Money?
Net Profit Margin
For every $100 in sales, Old National Bancorp keeps $19.03 as profit after all expenses.
Operating Margin
Core operations generate 24.79 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $9.07 in profit for every $100 of shareholder equity.
ROA
Old National Bancorp generates $1.04 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Old National Bancorp produces operating cash flow of $672.86M, showing steady but balanced cash generation.
Free Cash Flow
Old National Bancorp generates strong free cash flow of $651.27M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.71 in free cash annually.
FCF Yield
ONBPP converts 7.30% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
11.89
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.86
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.06
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.26
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.92
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.16
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.09
vs 25 benchmark
ROA
Return on assets percentage
0.01
vs 25 benchmark
ROCE
Return on capital employed
0.01
vs 25 benchmark
How ONBPP Stacks Against Its Sector Peers
| Metric | ONBPP Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 11.89 | 19.02 | Better (Cheaper) |
| ROE | 9.07% | 814.00% | Weak |
| Net Margin | 19.03% | 1811.00% | Weak |
| Debt/Equity | 0.92 | 0.98 | Neutral |
| Current Ratio | 1.16 | 670.41 | Neutral |
| ROA | 1.04% | -24626.00% (disorted) | Weak |
ONBPP outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Old National Bancorp's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
75.38%
Industry Style: Value, Dividend, Cyclical
High GrowthEPS CAGR
26.14%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
32.29%
Industry Style: Value, Dividend, Cyclical
High Growth