Market cap
$2,514 Mln
Revenue (TTM)
$869 Mln
P/E Ratio
--
P/B Ratio
1.3
Div. Yield
2.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -52.79 | -1.99 | 59.68 | 13.64 | 10.27 |
| EBIT | 102.46 | -22.63 | -756.99 | -238.74 | -221.71 |
| Net Profit | 104.16 | -37.64 | -724.96 | -223.57 | -219.60 |
| EPS | 104.16 | -37.53 | -728.53 | -225.25 | -218.81 |
| Book Value | -- | -- | 0.47 | -0.12 | 1.97 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| 28.26 | 34.27 | -117.48 | -3.67 | 40.37 |
| Net Margin
| -- | -- | -49.72 | -- | -- |
| Return on equity
| 6.18 | 7.32 | -19.86 | 1.80 | 7.91 |
| Return on Capital
| 5.00 | 5.85 | -- | 1.42 | 6.47 |
| Return on Assets
| 0.84 | 1.06 | -2.14 | 0.23 | 1.06 |
| Debt to Equity (x)
| -- | -- | 0.26 | 0.28 | 0.26 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
--
|
1.42
|
6.47
|
7.11
|
6.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-19.86
Lower than Peers by 29.80
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
-19.86
|
1.80
|
7.91
|
8.83
|
8.29
|
|
Peer Median
|
9.95
|
--
|
--
|
--
|
--
|
ROA
-2.14
Lower than Peers by 3.12
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
-2.14
|
0.23
|
1.06
|
1.23
|
1.23
|
|
Peer Median
|
0.98
|
--
|
--
|
--
|
--
|
EBIT Margin
-117.48
Lower than Peers by 138.68
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
-117.48
|
-3.67
|
40.37
|
48.07
|
41.98
|
|
Peer Median
|
21.20
|
--
|
--
|
--
|
--
|
Net Margin
-49.72
Lower than Peers by 70.25
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
-49.72
|
8.57
|
32.17
|
38.28
|
33.47
|
|
Peer Median
|
20.53
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
Lower than Peers by 0.00
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
59.68
Higher than Peers by 48.76
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
59.68
|
-0.17
|
0.04
|
-0.02
|
0.04
|
|
Peer Median
|
10.92
|
--
|
--
|
--
|
--
|
EBIT Growth
-756.99
Lower than Peers by 745.45
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
-756.99
|
-107.50
|
-12.73
|
11.83
|
-2.54
|
|
Peer Median
|
-11.54
|
--
|
--
|
--
|
--
|
Net Profit Growth
-724.96
Lower than Peers by 731.56
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
-724.96
|
-77.99
|
-12.66
|
11.70
|
4.40
|
|
Peer Median
|
6.59
|
--
|
--
|
--
|
--
|
EPS Growth
-728.53
Lower than Peers by 733.85
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
-728.53
|
-0.78
|
-0.09
|
0.12
|
0.04
|
|
Peer Median
|
5.32
|
--
|
--
|
--
|
--
|
Book Value Growth
-16.28
Lower than Peers by 25.10
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
-16.28
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.82
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.26
Higher than Peers by 0.06
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
0.26
|
0.28
|
0.26
|
0.19
|
0.29
|
|
Peer Median
|
0.20
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
--
|
0.01
|
0.00
|
0.01
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.47
Higher than Peers by 0.18
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
0.47
|
0.20
|
0.31
|
271.67
|
457.26
|
|
Peer Median
|
0.28
|
--
|
--
|
--
|
--
|
Quick Ratio
0.47
Higher than Peers by 0.13
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
0.47
|
--
|
0.30
|
271.66
|
457.17
|
|
Peer Median
|
0.34
|
--
|
--
|
--
|
--
|
Interest Coverage
0.22
Lower than Peers by 1.56
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
0.22
|
-0.04
|
2.54
|
4.46
|
2.65
|
|
Peer Median
|
1.78
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
--
--
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
7.03
|
--
|
--
|
--
|
--
|
Asset Turnover
0.04
Lower than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
0.04
|
0.03
|
0.03
|
0.03
|
0.04
|
|
Peer Median
|
0.05
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
--
|
-4,595.61
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
--
|
-1,450,774.25
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
--
|
48.75
|
12.64
|
13.88
|
13.42
|
|
Peer Median
|
12.84
|
--
|
--
|
--
|
--
|
Price / Book Value
1.29
Lower than Peers by 0.04
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
1.29
|
0.88
|
1.04
|
1.21
|
1.07
|
|
Peer Median
|
1.33
|
--
|
--
|
--
|
--
|
Dividend Yield
2.51
Higher than Peers by 0.09
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
2.51
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.42
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
--
|
37.49
|
2.76
|
-3.30
|
1.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
2,514
Higher than Peers by 2,222
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Independent Bank Group (IBTX)
|
2,514
|
--
|
--
|
--
|
--
|
|
Peer Median
|
292
|
--
|
--
|
--
|
--
|