IF Bancorp Inc (IROQ) 株式分析

企業概要

IF Bancorp, Inc. operates as a savings and loan holding company that serves as the parent entity for Iroquois Federal Savings and Loan Association, providing a comprehensive suite of banking and financial services tailored for both individual and corporate clients. This institution functions within the broader Financial Services sector, specifically categorized under the Banks - Regional industry, which distinguishes it from large national banks by focusing on localized community needs and regional economic conditions. The company currently maintains a market capitalization of $88.98M and employs 102 staff members to support its operations. These valuation figures and the relatively small workforce indicate that IF Bancorp is a mid-sized regional player with a modest scale compared to the largest financial institutions in the United States, suggesting a business model that relies heavily on operational efficiency and deep local market penetration rather than massive asset diversification.

財務健全性

The company reported a Total Revenue of $28.55M over the trailing twelve months, generating a Net Income of $5.17M during the same period, while EBITDA data is not available in the current reporting cycle. The significant disparity between the total revenue of $28.55M and the net income of $5.17M highlights a cost structure where operating expenses and provisions for loan losses consume approximately 82% of the gross revenue, a typical characteristic for banks where interest income is offset by non-interest expenses. Although Free Cash Flow figures are not disclosed, the presence of $9.04M in cash assets suggests a baseline level of liquidity available for immediate obligations, though the absence of reported free cash flow limits the direct assessment of cash conversion efficiency. Profitability is reflected across three key margins: a Gross Margin of 0.0%, an Operating Margin of 26.3%, and a Profit Margin of 18.1%. The 0.0% gross margin is consistent with the financial services industry model where interest income and expense net out, leaving operating expenses as the primary determinant of profitability, while the 26.3% operating margin indicates that after covering these costs, the company retains a significant portion of its revenue before taxes and interest. The 18.1% profit margin demonstrates the final bottom-line performance after all expenses, including interest and provisions, are accounted for. Regarding leverage, the company holds $9.04M in cash against $83.61M in debt, resulting in a Debt to Equity ratio that is not explicitly quantified in the available data, yet the absolute debt level is substantially higher than cash reserves, implying a balance sheet that is leveraged to fund lending activities. The Current Ratio is not available, preventing a direct assessment of short-term liquidity relative to short-term liabilities. Return on Equity stands at 6.3%, while Return on Assets is 0.6%; these metrics reveal that for every dollar of equity invested, shareholders receive a 6.3% return, whereas the return on the total asset base is relatively low at 0.6%, indicating that management effectiveness in generating profit from assets is constrained by the inherent risk profile and regulatory capital requirements of the banking sector.

バリュエーション評価

The trailing twelve-month P/E ratio is 16.19, whereas the forward P/E ratio is not available, making it impossible to draw a direct comparison regarding future earnings trajectory expectations between current pricing and anticipated future earnings. The Price to Book ratio is recorded at 0.99, which indicates that the stock is trading at approximately 1% below its book value, suggesting that the market currently values the company at roughly par with the net assets it holds. The Price to Sales ratio stands at 3.12, and since the EV/EBITDA multiple is not available, alternative valuation metrics rely heavily on revenue multiples and book value comparisons to assess fair value. The stock has traded within a 52-week range between a high of $29.00 and a low of $23.00; without a specific current price to calculate the exact percentage deviation, the price metrics define the historical volatility boundaries within which the share price has fluctuated over the past year. The Beta value is 0.18, which signifies that the stock's price volatility is substantially lower than the broader market, moving with less intensity than the overall market index and exhibiting lower sensitivity to general market swings.

Growth & Income

Revenue growth over the last year stands at 8.5%, and earnings growth over the same period is 8.3%, indicating that earnings are expanding at a rate nearly identical to revenue growth, which implies that the company is maintaining its profit margins while scaling its operations without significant efficiency losses or margin compression. As a dividend payer, the company offers a dividend yield of 1.5% and maintains a payout ratio of 24.4%, a level that is highly sustainable given that the payout ratio is well below 100% and leaves ample retained earnings to support the business. The low payout ratio suggests that the company retains the majority of its profits to bolster capital reserves and fund organic growth initiatives rather than distributing all earnings to shareholders. Overall, the growth and income profile presents a moderate expansion trajectory supported by a conservative dividend policy that prioritizes capital strength and potential future reinvestment over aggressive income distribution.