OTCPK:VERF

Stock Analysis Report

Versailles Financial

Executive Summary

Versailles Financial Corporation operates as the thrift holding company for Versailles Savings and Loan Company that provides financial products and services in Darke and Shelby counties.

Snowflake

Fundamentals

Adequate balance sheet with acceptable track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

VERF

1.1%

US Mortgage

1.0%

US Market


1 Year Return

n/a

VERF

13.0%

US Mortgage

6.7%

US Market

Return vs Industry: Insufficient data to determine how VERF performed against the US Mortgage industry.

Return vs Market: Insufficient data to determine how VERF performed against the US Market.


Share holder returns

VERFIndustryMarket
7 Day0%1.1%1.0%
30 Day48.6%-0.5%-1.8%
90 Dayn/a2.2%-1.8%
1 Yearn/a15.4%13.0%9.1%6.7%
3 Year84.5%84.5%40.4%30.9%46.1%36.6%
5 Year124.4%124.4%68.9%51.2%66.9%48.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Versailles Financial undervalued based on future cash flows and its price relative to the stock market?

27.51x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate VERF's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate VERF's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: VERF is poor value based on its PE Ratio (27.5x) compared to the Mortgage industry average (14.5x).

PE vs Market: VERF is poor value based on its PE Ratio (27.5x) compared to the US market (17.5x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: VERF is good value based on its PB Ratio (1x) compared to the US Mortgage industry average (1.1x).


Next Steps

Future Growth

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

19.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: VERF's forecast earnings growth (19.7% per year) is above the savings rate (2.7%).

Earnings vs Market: VERF's earnings (19.7% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: VERF's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if VERF's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if VERF's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if VERF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Versailles Financial performed over the past 5 years?

30.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VERF's earnings have grown significantly by 30.1% per year over the past 5 years.

Accelerating Growth: VERF's earnings growth over the past year (103%) exceeds its 5-year average (30.1% per year).

Earnings vs Industry: VERF earnings growth over the past year (103%) exceeded the Mortgage industry 31.7%.


Return on Equity

High ROE: VERF's Return on Equity (3.9%) is considered low.


Return on Assets

ROA vs Industry: VERF's Return on Assets is below or equal to the Mortgage industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate VERF's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Versailles 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: VERF has a low level of unsold assets or inventory.

Debt Coverage by Assets: VERF's debt is covered by short term assets (assets are 3.692380x debt).


Financial Institutions Analysis

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

Allowance for Bad Loans: Insufficient data to determine if VERF has a sufficient allowance for bad loans.

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

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

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

Level of Bad Loans: Insufficient data to determine if VERF has an appropriate level of bad loans.


Next Steps

Dividend

What is Versailles Financial's current dividend yield, its reliability and sustainability?

0.71%

Current Dividend Yield


Dividend Yield vs Market

company0.7%marketbottom25%1.5%markettop25%3.8%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: VERF's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: VERF's dividend (0.71%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: VERF is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: VERF is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: VERF is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VERF's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Versailles Financial's salary, the management and board of directors tenure and is there insider trading?

7.2yrs

Average board tenure


CEO

Jerry Bey (47yo)

5.3yrs

Tenure

0

Mr. Jerome F. Bey, III has been Chief Executive Officer and President at Versailles Financial Corporation since July 1, 2014 and serves as its Lending Officer. Mr. Bey has been Chief Executive Officer and  ...


Board Age and Tenure

7.2yrs

Average Tenure

58.5yo

Average Age

Experienced Board: VERF's board of directors are considered experienced (7.2 years average tenure).


Insider Trading

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


Management Team

  • Jerry Bey (47yo)

    President & CEO

    • Tenure: 5.3yrs
  • Marisa Kremer

    CFO & VP

    • Tenure: 0.8yrs

Board Members

  • Douglas Borchers (53yo)

    Director

    • Tenure: 3.9yrs
  • Kevin Drees (57yo)

    Director

    • Tenure: 10.1yrs
    • Compensation: US$15.38k
  • Jim Poeppelman (67yo)

    Director

    • Tenure: 10.1yrs
    • Compensation: US$16.49k
  • Doug Ahlers (64yo)

    Chairman of the Board

    • Tenure: 3.9yrs
    • Compensation: US$14.77k
  • Jerry Bey (47yo)

    President & CEO

    • Tenure: 5.3yrs
  • Thomas Guillozet (60yo)

    Director

    • Tenure: 10.1yrs
    • Compensation: US$15.00k

Company Information

Versailles Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Versailles Financial Corporation
  • Ticker: VERF
  • Exchange: OTCPK
  • Founded: 1887
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$11.802m
  • Shares outstanding: 337.20k
  • Website: https://www.versaillesfinancialcorp.com

Location

  • Versailles Financial Corporation
  • 10413 Kley Road
  • PO Box 92
  • Versailles
  • Ohio
  • 45380
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VERFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2010

Biography

Versailles Financial Corporation operates as the thrift holding company for Versailles Savings and Loan Company that provides financial products and services in Darke and Shelby counties. The company’s dep ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 02:26
End of Day Share Price2019/10/02 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.

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