OTCPK:PPSF

Stock Analysis Report

Peoples-Sidney Financial

Executive Summary

Peoples-Sidney Financial Corporation, together with its subsidiary, Peoples Federal Savings and Loan Association, provides financial services.

Rewards

PE ratio (18.1x) is below the US market (18.4x)

Earnings grew by 48.3% over the past year

Risk Analysis

Does not have meaningful revenue ($4M)

Does not have a meaningful market cap ($14M)



Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

PPSF

-2.1%

US Mortgage

0.9%

US Market


1 Year Return

1.0%

PPSF

6.8%

US Mortgage

20.0%

US Market

Return vs Industry: PPSF underperformed the US Mortgage industry which returned 7.3% over the past year.

Return vs Market: PPSF underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

PPSFIndustryMarket
7 Day0%-2.1%0.9%
30 Day-4.3%-1.6%1.4%
90 Day-4.1%-1.9%8.8%
1 Year3.8%1.0%9.3%6.8%22.5%20.0%
3 Year51.3%37.0%19.3%10.9%49.9%40.3%
5 Year80.3%50.7%60.9%43.1%73.2%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Peoples-Sidney Financial undervalued compared to its fair value and its price relative to the market?

18.07x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PPSF ($12.06) is trading above our estimate of fair value ($4.14)

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


Price To Earnings Ratio

PE vs Industry: PPSF is poor value based on its PE Ratio (18.1x) compared to the Mortgage industry average (13.7x).

PE vs Market: PPSF is good value based on its PE Ratio (18.1x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PPSF is good value based on its PB Ratio (0.9x) compared to the US Mortgage industry average (1.1x).


Next Steps

Future Growth

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

6.4%

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 Peoples-Sidney 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 Peoples-Sidney Financial performed over the past 5 years?

27.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PPSF has high quality earnings.

Growing Profit Margin: PPSF's current net profit margins (18.3%) are higher than last year (13%).


Past Earnings Growth Analysis

Earnings Trend: PPSF has become profitable over the past 5 years, growing earnings by 27.4% per year.

Accelerating Growth: PPSF's earnings growth over the past year (48.3%) exceeds its 5-year average (27.4% per year).

Earnings vs Industry: PPSF earnings growth over the past year (48.3%) exceeded the Mortgage industry 11.1%.


Return on Equity

High ROE: PPSF's Return on Equity (5.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Peoples-Sidney 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

Inventory Level: PPSF has a low level of unsold assets or inventory.

Debt Coverage by Assets: PPSF's debt is covered by short term assets (assets are 5.7x debt).


Financial Institutions Analysis

Asset Level: PPSF's level of assets compared to its equity is low.

Allowance for Bad Loans: PPSF has a sufficient allowance for bad loans.

Low Risk Liabilities: PPSF's liabilities are made up of primarily low risk sources of funding.

Loan Level: PPSF has an acceptable proportion of non-loan assets held.

Low Risk Deposits: PPSF's loans are broadly funded by customer deposits.

Level of Bad Loans: PPSF has an appropriate level of bad loans (1.17%)


Next Steps

Dividend

What is Peoples-Sidney Financial's current dividend yield, its reliability and sustainability?

2.65%

Current Dividend Yield


Dividend Yield vs Market

company2.7%marketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: PPSF's dividend (2.65%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: PPSF's dividend (2.65%) is low compared to the top 25% of dividend payers in the US market (3.69%).


Stability and Growth of Payments

Stable Dividend: PPSF's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.9%), PPSF'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?

8.2yrs

Average board tenure


CEO

Deb Geuy (61yo)

3.1yrs

Tenure

0

Mrs. Debra A. Geuy serves as Chief Executive Officer, President & Director at Peoples-Sidney Financial Corporation and served as its Chief Financial Officer, Chief Operating Officer, Vice President and Tre ...


Board Members

NamePositionTenureCompensationOwnership
Debra Geuy
President3.1yrsno datano data
Douglas Stewart
Chairman of the Board3.1yrsUS$239.26kno data
James Kerber
Independent Director23.1yrsUS$22.80kno data
Jeffery Sargeant
Independent Director13.3yrsUS$22.80kno data
Devon Beer
Director0yrsno datano data
Michael Lochard
Director0yrsno datano data

8.2yrs

Average Tenure

65.5yo

Average Age

Experienced Board: PPSF's board of directors are considered experienced (8.2 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

Peoples-Sidney Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Peoples-Sidney Financial Corporation
  • Ticker: PPSF
  • Exchange: OTCPK
  • Founded: 1886
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$14.308m
  • Shares outstanding: 1.19m
  • Website: https://www.peoplesfederalsandl.com

Location

  • Peoples-Sidney Financial Corporation
  • 101 East Court Street
  • PO Box 727
  • Sidney
  • Ohio
  • 45365
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PPSFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 1997

Biography

Peoples-Sidney Financial Corporation, together with its subsidiary, Peoples Federal Savings and Loan Association, provides financial services. Its deposit products include checking, savings, term certificate, NOW, and money market accounts, as well as non interest-bearing demand deposits, certificates of deposit, and IRAs. The company’s lending products comprise residential mortgage loans, including conventional, purchase, refinance, second mortgage, home equity, construction, construction for permanent financing, home improvement, FHA, USDA, and VA loans; land loans; commercial business loans comprising business lines of credit, commercial real estate, investment real property, and equipment purchase loans; personal loans, such as vehicle, vacation, recreational vehicle, boat, motorcycle, and credit card consolidation loans; and agriculture loans, such as farm real estate loans, loans for equipment purchases, and farm operating lines of credit. It also offers night depository, safety deposit box, notary, reorder checks, online and mobile banking, debit card, wire transfer, and direct deposit services. The company operates through its main office in Sidney, Ohio; and branch offices in Sidney, Anna, and Jackson Center, Ohio. Peoples-Sidney Financial Corporation was founded in 1886 and is based in Sidney, Ohio. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 23:45
End of Day Share Price2020/02/07 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.