Ames National Corporation (ATLO) vs Franklin Financial Services Corp. (FRAF)

Ames National Corporation and Franklin Financial Services Corp. are both Banks Regional companies. Ames National Corporation and Franklin Financial Services Corp. are of similar size ($313.1M and $301.5M). Ames National Corporation trades at the lower P/E: 11.8× against 12.7×. Franklin Financial Services Corp. grew revenue faster over the last twelve months: 9.78% against 8.44%. Ames National Corporation has the higher net margin (24.4% vs 18.2%) and the lower return on invested capital (9.96% vs 10.7%). Both pay a dividend; Ames National Corporation yields more (2.72% vs 2.42%). Across the 19 metrics below, Franklin Financial Services Corp. leads on 11 and Ames National Corporation on 8.

Valuation

Metric ATLO FRAF Banks Regional median
P/E 11.77 12.65 11.87
P/S 2.87 2.30 2.35
P/B 1.45 1.70 1.23
Price to free cash flow 11.63 7.46 10.45
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.50% 7.90% 8.34%
Free cash flow yield 8.60% 13.41% 9.37%

Profitability

Metric ATLO FRAF Banks Regional median
Gross margin 73.35% 69.92% 69.92%
Operating margin 0.00% 0.00% 0.00%
Net margin 24.44% 18.20% 18.99%
Free cash flow margin 24.68% 30.90% 18.19%
Return on equity 12.53% 14.45% 10.45%
Return on assets 1.21% 1.07% 1.15%
Return on invested capital 9.96% 10.71% 8.54%

Growth

Metric ATLO FRAF Banks Regional median
Revenue growth (TTM) 8.44% 9.78% 6.56%
EPS growth (last fiscal year) 87.72% 88.84% 18.85%
Revenue growth, 5-year CAGR 5.96% 16.96% 12.65%
Net income growth, 5-year CAGR 0.19% 10.64% 9.81%

Health

Metric ATLO FRAF Banks Regional median
Debt to equity 0.00 1.09 0.14
Current ratio 0.00 0.93 0.92
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ATLO FRAF Banks Regional median
Dividend yield 2.72% 2.42% 2.51%
Payout ratio 0.32 0.31 0.30

Size

Metric ATLO FRAF Banks Regional median
Market cap 301.50m 313.05m 915.17m

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