Stock Yards Bancorp, Inc.
Stock Yards Bancorp, Inc. Fundamental Analysis
Stock Yards Bancorp, Inc. (SYBT) shows strong financial fundamentals with a PE ratio of 14.52, profit margin of 25.14%, and ROE of 13.58%. The company generates $0.6B in annual revenue with strong year-over-year growth of 12.69%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 65.3/100 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 SYBT's fundamental strength across five key dimensions:
Efficiency Score
WeakSYBT struggles to generate sufficient returns from assets.
Valuation Score
ExcellentSYBT trades at attractive valuation levels.
Growth Score
ExcellentSYBT delivers strong and consistent growth momentum.
Financial Health Score
ModerateSYBT shows balanced financial health with some risks.
Profitability Score
ModerateSYBT maintains healthy but balanced margins.
Key Financial Metrics
Is SYBT Expensive or Cheap?
P/E Ratio
SYBT trades at 14.52 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, SYBT's PEG of 0.81 indicates potential undervaluation.
Price to Book
The market values Stock Yards Bancorp, Inc. at 1.89 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 9.47 times EBITDA. This is generally considered low.
How Well Does SYBT Make Money?
Net Profit Margin
For every $100 in sales, Stock Yards Bancorp, Inc. keeps $25.14 as profit after all expenses.
Operating Margin
Core operations generate 32.02 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $13.58 in profit for every $100 of shareholder equity.
ROA
Stock Yards Bancorp, Inc. generates $1.52 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Stock Yards Bancorp, Inc. generates strong operating cash flow of $159.20M, reflecting robust business health.
Free Cash Flow
Stock Yards Bancorp, Inc. generates strong free cash flow of $146.31M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $4.96 in free cash annually.
FCF Yield
SYBT converts 6.93% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
14.52
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.81
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.89
vs 25 benchmark
P/S Ratio
Price to sales ratio
3.67
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.38
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.08
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.14
vs 25 benchmark
ROA
Return on assets percentage
0.02
vs 25 benchmark
ROCE
Return on capital employed
0.11
vs 25 benchmark
How SYBT Stacks Against Its Sector Peers
| Metric | SYBT Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 14.52 | 18.81 | Better (Cheaper) |
| ROE | 13.58% | 809.00% | Weak |
| Net Margin | 25.14% | 2192.00% | Weak |
| Debt/Equity | 0.38 | 1.02 | Strong (Low Leverage) |
| Current Ratio | 0.08 | 615.02 | Weak Liquidity |
| ROA | 1.52% | -20623.00% (disorted) | Weak |
SYBT outperforms its industry in 2 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Stock Yards Bancorp, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
120.02%
Industry Style: Value, Dividend, Cyclical
High GrowthEPS CAGR
82.94%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
65.44%
Industry Style: Value, Dividend, Cyclical
High Growth