Ames National Corporation (ATLO) vs Oak Valley Bancorp (CA) (OVLY)

Ames National Corporation and Oak Valley Bancorp (CA) are both Banks Regional companies. Ames National Corporation and Oak Valley Bancorp (CA) are of similar size ($285.8M and $281.8M). Oak Valley Bancorp (CA) trades at the lower P/E: 12.0× against 12.3×. Ames National Corporation grew revenue faster over the last twelve months: 7.03% against 6.24%. Oak Valley Bancorp (CA) has the higher net margin (24.1% vs 22.6%) and the higher return on invested capital (84.1% vs 18.7%). Both pay a dividend; Ames National Corporation yields more (5.90% vs 1.57%). Across the 19 metrics below, Oak Valley Bancorp (CA) leads on 15 and Ames National Corporation on 4.

Valuation

Metric ATLO OVLY Banks Regional median
P/E 12.33 12.03 12.15
P/S 2.78 2.90 2.37
P/B 1.32 1.30 1.21
Price to free cash flow 11.56 11.55 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.69 1.21 2.27
Earnings yield 8.11% 8.31% 8.11%
Free cash flow yield 8.65% 8.66% 8.98%

Profitability

Metric ATLO OVLY Banks Regional median
Gross margin 71.52% 85.97% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 22.64% 24.05% 18.66%
Free cash flow margin 24.03% 25.10% 21.18%
Return on equity 11.31% 11.64% 10.64%
Return on assets 1.09% 1.20% 1.13%
Return on invested capital 18.74% 84.12% 8.33%

Growth

Metric ATLO OVLY Banks Regional median
Revenue growth (TTM) 7.03% 6.24% 6.61%
EPS growth (last fiscal year) 87.72% (4.64%) —
Revenue growth, 5-year CAGR 5.96% 13.29% 12.30%
Net income growth, 5-year CAGR 0.19% 11.81% 9.71%

Health

Metric ATLO OVLY Banks Regional median
Debt to equity 0.00 0.00 0.22
Current ratio 0.72 0.78 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ATLO OVLY Banks Regional median
Dividend yield 5.90% 1.57% 3.75%
Payout ratio 0.62 0.08 0.27

Size

Metric ATLO OVLY Banks Regional median
Market cap 281.75m 285.78m 921.07m

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