NATION.BK(NATION.BK)
NATION.BK
Results are highly cyclical for NATION.BK, so multiple-based fair value is less reliable here.
| FY | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | — | — | — | — | — | — | — | — | — | — | — | — |
| Low | — | — | — | — | — | — | — | — | — | — | — | — |
| Adj EPS | -0.01 | 0.07 | 0.02 | 0.07 | 0.06 | 0.01 | 0.01 | 0.03 | 0.00 | -0.02 | -0.02 | 0.05 |
| Chg/Yr | — | — | -67% | +169% | -4% | -85% | -48% | +523% | -92% | -918% | — | — |
| Div | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Fair value (7.0x) multiplies each year's earnings per share by a growth-based multiple: steady growers (5–15% a year) get 15x, faster growers get their growth rate as the multiple (capped at 30x), and slower growers step down below 15x. NATION.BK has grown earnings about -9.0% a year, so the line uses 7.0x.
Earnings are adjusted figures on the same basis analysts forecast, built from reported quarters; years beyond the last completed fiscal year use the analyst consensus (dashed). The verdict calls a stock over- or undervalued only when the price sits more than 10% from the fair value line.