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AFB vs FSBW

AFB
AllianceBernstein National Municipal Income Fund, Inc.
BEARISH
Price
$10.88
Market Cap
$312.7M
Sector
Financial Services
AI Confidence
78%
FSBW
FS Bancorp, Inc.
NEUTRAL
Price
$41.48
Market Cap
$311.2M
Sector
Financial Services
AI Confidence
80%

Valuation

P/E Ratio
AFB
90.67
FSBW
9.67
Forward P/E
AFB
--
FSBW
8.04
P/B Ratio
AFB
0.89
FSBW
1.0
P/S Ratio
AFB
11.43
FSBW
2.17
EV/EBITDA
AFB
--
FSBW
--

Profitability

Gross Margin
AFB
100.0%
FSBW
0.0%
Operating Margin
AFB
88.32%
FSBW
32.26%
Profit Margin
AFB
12.58%
FSBW
23.3%
ROE
AFB
0.97%
FSBW
11.05%
ROA
AFB
2.52%
FSBW
1.07%

Growth

Revenue Growth
AFB
7.1%
FSBW
6.4%
Earnings Growth
AFB
19.9%
FSBW
20.5%

Financial Health

Debt/Equity
AFB
0.66
FSBW
--
Current Ratio
AFB
0.06
FSBW
--
Quick Ratio
AFB
0.06
FSBW
--

Dividends

Dividend Yield
AFB
4.8%
FSBW
2.8%
Payout Ratio
AFB
416.51%
FSBW
26.11%

AI Verdict

AFB BEARISH

The Advanced Deterministic Scorecard reveals a mixed but concerning profile: the Piotroski F-Score of 6/9 suggests stable financial health, but the absence of an Altman Z-Score and extremely weak liquidity ratios raise red flags. The stock trades at a significant premium to both the Graham Number ($5.74) and intrinsic value ($3.54), with a sky-high P/E of 90.67 versus sector averages. Despite solid revenue and earnings growth, the 416.51% payout ratio and negative insider sentiment—driven by over $3M in recent sales—signal unsustainable dividends and lack of confidence. Technical trend at 0/100 confirms bearish momentum.

Strengths
Solid Piotroski F-Score of 6 indicates baseline financial stability
Strong year-over-year earnings growth of 19.90%
High operating and gross margins (88.32% and 100%) reflecting low cost structure
Risks
Extremely high P/E ratio (90.67) vs. sector average (22.11) suggests severe overvaluation
Payout ratio of 416.51% indicates dividend is not earnings-covered and likely unsustainable
Current and quick ratios of 0.06 indicate near-term liquidity crisis risk
FSBW NEUTRAL

FSBW presents a classic value trap profile: fundamentally undervalued based on a Graham Number of $63.33 and an Intrinsic Value of $126.56, yet plagued by poor momentum. While the Piotroski F-Score of 4/9 indicates stable financial health, the company has failed to beat earnings estimates in the last four consecutive quarters. This fundamental disconnect is compounded by bearish insider selling and a 0/100 technical trend, suggesting that while the asset is cheap, the market is pricing in deteriorating growth or systemic regional banking risks.

Strengths
Significant undervaluation relative to Graham Number ($63.33) and Intrinsic Value ($126.56)
Attractive valuation multiples with a P/E of 9.67 and Price/Book of 1.00
Strong Return on Equity (ROE) of 11.05% and ROA of 1.07%
Risks
Severe earnings disappointment with 0/4 beats in the last four quarters
Negative Q/Q revenue growth (-9.69%) indicating a potential slowdown
Bearish insider sentiment with multiple director sales in the last 6 months

Compare Another Pair

AFB vs FSBW: Head-to-Head Comparison

This page compares AllianceBernstein National Municipal Income Fund, Inc. (AFB) and FS Bancorp, Inc. (FSBW) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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