First National Corp. (FXNC) vs Oak Valley Bancorp (CA) (OVLY)

First National Corp. and Oak Valley Bancorp (CA) are both Banks Regional companies. First National Corp. and Oak Valley Bancorp (CA) are of similar size ($288.3M and $274.9M). Oak Valley Bancorp (CA) trades at the lower P/E: 12.1× against 12.7×. First National Corp. grew revenue faster over the last twelve months: 7.66% against 6.24%. Oak Valley Bancorp (CA) has the higher net margin (24.1% vs 18.4%) and the higher return on invested capital (84.1% vs 37.4%). Both pay a dividend; First National Corp. yields more (2.22% vs 2.18%). Across the 19 metrics below, First National Corp. leads on 10 and Oak Valley Bancorp (CA) on 9.

Valuation

Metric FXNC OVLY Banks Regional median
P/E 12.68 12.10 12.02
P/S 2.35 2.91 2.36
P/B 1.43 1.31 1.23
Price to free cash flow 9.90 11.61 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.88% 8.27% 8.21%
Free cash flow yield 10.11% 8.61% 9.23%

Profitability

Metric FXNC OVLY Banks Regional median
Gross margin 79.28% 85.97% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.43% 24.05% 18.82%
Free cash flow margin 23.75% 25.10% 17.97%
Return on equity 11.81% 11.64% 10.28%
Return on assets 1.05% 1.20% 1.13%
Return on invested capital 37.41% 84.12% 8.45%

Growth

Metric FXNC OVLY Banks Regional median
Revenue growth (TTM) 7.66% 6.24% 6.37%
EPS growth (last fiscal year) 96.00% (4.64%) 18.85%
Revenue growth, 5-year CAGR 23.17% 13.29% 12.65%
Net income growth, 5-year CAGR 14.85% 11.81% 9.81%

Health

Metric FXNC OVLY Banks Regional median
Debt to equity 0.09 0.00 0.17
Current ratio 0.88 0.78 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FXNC OVLY Banks Regional median
Dividend yield 2.22% 2.18% 2.49%
Payout ratio 0.28 0.27 0.29

Size

Metric FXNC OVLY Banks Regional median
Market cap 274.88m 288.30m 934.85m

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