Ames National Corporation (ATLO) vs National Bankshares, Inc. (NKSH)

Ames National Corporation and National Bankshares, Inc. are both Banks Regional companies. Ames National Corporation and National Bankshares, Inc. are of similar size ($284.8M and $276.0M). Ames National Corporation trades at the lower P/E: 12.5× against 13.6×. Ames National Corporation grew revenue faster over the last twelve months: 7.03% against 5.28%. National Bankshares, Inc. has the higher net margin (23.2% vs 22.6%) and the lower return on invested capital (11.2% vs 18.7%). Both pay a dividend; National Bankshares, Inc. yields more (3.52% vs 2.86%). Across the 18 metrics below, Ames National Corporation leads on 13 and National Bankshares, Inc. on 5.

Valuation

Metric ATLO NKSH Banks Regional median
P/E 12.47 13.62 11.98
P/S 2.81 3.16 2.34
P/B 1.34 1.44 1.19
Price to free cash flow 11.69 15.00 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.02% 7.34% 8.23%
Free cash flow yield 8.56% 6.67% 9.08%

Profitability

Metric ATLO NKSH Banks Regional median
Gross margin 71.52% 69.15% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.64% 23.22% 18.66%
Free cash flow margin 24.03% 21.07% 21.11%
Return on equity 11.31% 11.25% 10.65%
Return on assets 1.09% 1.12% 1.13%
Return on invested capital 18.74% 11.23% 8.35%

Growth

Metric ATLO NKSH Banks Regional median
Revenue growth (TTM) 7.03% 5.28% 6.98%
EPS growth (last fiscal year) 87.72% 100.81% 18.88%
Revenue growth, 5-year CAGR 5.96% 10.43% 12.38%
Net income growth, 5-year CAGR 0.19% (0.31%) 9.71%

Health

Metric ATLO NKSH Banks Regional median
Debt to equity 0.00 0.00 0.22
Current ratio 0.72 0.65 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ATLO NKSH Banks Regional median
Dividend yield 2.86% 3.52% 2.57%
Payout ratio 0.36 0.48 0.30

Size

Metric ATLO NKSH Banks Regional median
Market cap 284.76m 275.97m 913.33m

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