NasdaqGM:WVFC

Stock Analysis Report

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Executive Summary

WVS Financial Corp. operates as the bank holding company for West View Savings Bank that provides various banking products and services to individuals and businesses. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has WVS Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WVFC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.0%

WVFC

-1.4%

US Mortgage

-1.9%

US Market


1 Year Return

-18.4%

WVFC

-26.8%

US Mortgage

13.1%

US Market

Return vs Industry: WVFC exceeded the US Mortgage industry which returned -26.8% over the past year.

Return vs Market: WVFC underperformed the US Market which returned 13.1% over the past year.


Shareholder returns

WVFCIndustryMarket
7 Day-6.0%-1.4%-1.9%
30 Day0.5%-15.5%-2.9%
90 Day0.8%-24.6%8.2%
1 Year-16.1%-18.4%-24.6%-26.8%15.7%13.1%
3 Year-14.7%-21.0%6.9%-2.3%38.4%29.1%
5 Year36.5%21.6%6.5%-7.5%89.3%68.0%

Price Volatility Vs. Market

How volatile is WVS Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is WVS Financial undervalued compared to its fair value and its price relative to the market?

9.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: WVFC ($13.11) is trading above our estimate of fair value ($8.01)

Significantly Below Fair Value: WVFC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: WVFC is good value based on its PE Ratio (9.3x) compared to the US Mortgage industry average (10.6x).

PE vs Market: WVFC is good value based on its PE Ratio (9.3x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WVFC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WVFC is good value based on its PB Ratio (0.6x) compared to the US Mortgage industry average (0.8x).


Next Steps

Future Growth

How is WVS Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-13.5%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as WVS Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has WVS Financial performed over the past 5 years?

18.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WVFC has high quality earnings.

Growing Profit Margin: WVFC's current net profit margins (36%) are lower than last year (37.2%).


Past Earnings Growth Analysis

Earnings Trend: WVFC's earnings have grown by 18.4% per year over the past 5 years.

Accelerating Growth: WVFC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WVFC had negative earnings growth (-10.9%) over the past year, making it difficult to compare to the Mortgage industry average (6.7%).


Return on Equity

High ROE: WVFC's Return on Equity (6.7%) is considered low.


Next Steps

Financial Health

How is WVS Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: WVFC's Assets to Equity ratio (9.7x) is low.

Allowance for Bad Loans: WVFC has a sufficient allowance for bad loans (244%).

Low Risk Liabilities: 53% of WVFC's liabilities are made up of primarily higher risk sources of funding.

Loan Level: WVFC has an appropriate level of Loans to Assets ratio (25%).

Low Risk Deposits: WVFC's Loans to Deposits ratio (61%) is appropriate.

Level of Bad Loans: WVFC has an appropriate level of bad loans (0.2%).


Next Steps

Dividend

What is WVS Financial current dividend yield, its reliability and sustainability?

3.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WVFC's dividend (3.05%) is higher than the bottom 25% of dividend payers in the US market (1.71%).

High Dividend: WVFC's dividend (3.05%) is low compared to the top 25% of dividend payers in the US market (4.89%).


Stability and Growth of Payments

Stable Dividend: WVFC's dividend payments have been volatile in the past 10 years.

Growing Dividend: WVFC's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.4%), WVFC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average management tenure


CEO

Dave Bursic (58 yo)

22.25yrs

Tenure

US$547,939

Compensation

Mr. David J. Bursic, also known as Dave, serves as President, Chief Executive Officer and Chief Financial Officer of WVS Financial Corp. and West View Savings Bank. Mr. Bursic also serves as Vice Chairman ...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD547.94K) is about average for companies of similar size in the US market ($USD601.34K).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Howard
Chairman of the Board of Directorsno dataUS$37.16k0.41%
$ 94.4k
David Bursic
Vice Chairman22.25yrsUS$547.94k11.89%
$ 2.7m
Michael Rutan
Senior VP of Operations & Corporate Secretary7.83yrsUS$179.92k0.39%
$ 89.0k
Linda Butia
VP, Treasurer & Chief Accounting Officer4.08yrsUS$112.44k0.10%
$ 23.5k

7.8yrs

Average Tenure

62.5yo

Average Age

Experienced Management: WVFC's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Howard
Chairman of the Board of Directorsno dataUS$37.16k0.41%
$ 94.4k
David Bursic
Vice Chairman22.25yrsUS$547.94k11.89%
$ 2.7m
Donald Hook
Director Emeritusno dataUS$20.76kno data
Lawrence Lehman
Independent Director18.67yrsUS$32.76k0.43%
$ 97.1k
John Grace
Ex-Officiono dataUS$13.12k0%
$ 0
Edward Twomey
Independent Director5.42yrsUS$32.76k0.79%
$ 181.1k
Joseph Unger
Independent Director6.83yrsUS$32.76k0.11%
$ 26.2k

6.8yrs

Average Tenure

66yo

Average Age

Experienced Board: WVFC's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

WVS Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: WVS Financial Corp.
  • Ticker: WVFC
  • Exchange: NasdaqGM
  • Founded: 1993
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$22.835m
  • Shares outstanding: 1.74m
  • Website: https://www.wvsbank.com

Number of Employees


Location

  • WVS Financial Corp.
  • 9001 Perry Highway
  • Pittsburgh
  • Pennsylvania
  • 15237
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WVFCNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDNov 1993

Biography

WVS Financial Corp. operates as the bank holding company for West View Savings Bank that provides various banking products and services to individuals and businesses. The company accepts various deposit pr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/24 05:46
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.