FS Bancorp, Inc. (FSBW) vs Waterstone Financial, Inc. (WSBF)

FS Bancorp, Inc. and Waterstone Financial, Inc. are both Banks Regional companies. FS Bancorp, Inc. and Waterstone Financial, Inc. are of similar size ($365.3M and $347.9M). FS Bancorp, Inc. trades at the lower P/E: 10.0× against 11.8×. FS Bancorp, Inc. grew revenue faster over the last twelve months: 6.61% against 4.47%. FS Bancorp, Inc. has the higher net margin (14.6% vs 14.6%) and the lower return on invested capital (4.01% vs 7.61%). Both pay a dividend; Waterstone Financial, Inc. yields more (5.59% vs 3.11%). Across the 20 metrics below, FS Bancorp, Inc. leads on 13 and Waterstone Financial, Inc. on 7.

Valuation

Metric FSBW WSBF Banks Regional median
P/E 10.00 11.79 12.15
P/S 1.45 1.69 2.37
P/B 1.02 0.99 1.21
Price to free cash flow 2.48 7.21 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.98 3.51 2.27
Earnings yield 10.00% 8.48% 8.11%
Free cash flow yield 40.27% 13.87% 8.98%

Profitability

Metric FSBW WSBF Banks Regional median
Gross margin 69.57% 72.71% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 14.62% 14.58% 18.66%
Free cash flow margin 43.75% 20.71% 21.18%
Return on equity 10.64% 8.69% 10.64%
Return on assets 1.03% 1.33% 1.13%
Return on invested capital 4.01% 7.61% 8.33%

Growth

Metric FSBW WSBF Banks Regional median
Revenue growth (TTM) 6.61% 4.47% 6.61%
EPS growth (last fiscal year) (1.61%) 46.53% —
Revenue growth, 5-year CAGR 8.77% (9.00%) 12.30%
Net income growth, 5-year CAGR (3.28%) (20.11%) 9.71%

Health

Metric FSBW WSBF Banks Regional median
Debt to equity 1.17 0.00 0.22
Current ratio 1.10 1.01 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FSBW WSBF Banks Regional median
Dividend yield 3.11% 5.59% 3.75%
Payout ratio 0.21 1.67 0.27

Size

Metric FSBW WSBF Banks Regional median
Market cap 347.94m 365.29m 921.07m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack