National Bankshares, Inc. Logo

National Bankshares, Inc.

NKSH

(2.8)
Stock Price

30,76 USD

1.31% ROA

12.16% ROE

8.98x PER

Market Cap.

186.915.452,00 USD

0% DER

7.91% Yield

29.23% NPM

National Bankshares, Inc. Stock Analysis

National Bankshares, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

National Bankshares, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (16.71%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROA

The stock's ROA (1.31%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.39x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

7 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (73) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

11 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

National Bankshares, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

National Bankshares, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

National Bankshares, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

National Bankshares, Inc. Revenue
Year Revenue Growth
1995 2.052.000
1996 3.024.000 32.14%
1997 3.269.000 7.49%
1998 21.100.000 84.51%
1999 22.900.000 7.86%
2000 24.277.000 5.67%
2001 27.960.000 13.17%
2002 32.695.000 14.48%
2003 35.015.000 6.63%
2004 37.509.000 6.65%
2005 38.813.000 3.36%
2006 38.139.000 -1.77%
2007 37.784.000 -0.94%
2008 40.380.000 6.43%
2009 43.466.000 7.1%
2010 46.328.000 6.18%
2011 49.172.000 5.78%
2012 47.080.000 -4.44%
2013 46.462.000 -1.33%
2014 45.657.000 -1.76%
2015 45.525.000 -0.29%
2016 43.914.000 -3.67%
2017 44.766.000 1.9%
2018 45.906.000 2.48%
2019 46.557.000 1.4%
2020 46.115.000 -0.96%
2021 50.315.000 8.35%
2022 59.427.000 15.33%
2023 43.020.000 -38.14%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

National Bankshares, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

National Bankshares, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 3.074.000
1996 5.278.000 41.76%
1997 5.398.000 2.22%
1998 5.800.000 6.93%
1999 6.000.000 3.33%
2000 6.360.000 5.66%
2001 8.085.000 21.34%
2002 8.912.000 9.28%
2003 9.568.000 6.86%
2004 10.498.000 8.86%
2005 11.265.000 6.81%
2006 11.466.000 1.75%
2007 10.773.000 -6.43%
2008 11.168.000 3.54%
2009 14.828.000 24.68%
2010 18.992.000 21.93%
2011 16.220.000 -17.09%
2012 12.480.000 -29.97%
2013 12.532.000 0.41%
2014 12.224.000 -2.52%
2015 13.068.000 6.46%
2016 13.268.000 1.51%
2017 14.110.000 5.97%
2018 14.865.000 5.08%
2019 15.465.000 3.88%
2020 14.793.000 -4.54%
2021 16.169.000 8.51%
2022 16.996.000 4.87%
2023 18.608.000 8.66%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

National Bankshares, Inc. EBITDA
Year EBITDA Growth
1995 11.492.000
1996 22.132.000 48.08%
1997 22.872.000 3.24%
1998 24.300.000 5.88%
1999 25.300.000 3.95%
2000 29.611.000 14.56%
2001 34.757.000 14.81%
2002 31.104.000 -11.74%
2003 29.167.000 -6.64%
2004 29.364.000 0.67%
2005 33.057.000 11.17%
2006 37.368.000 11.54%
2007 40.538.000 7.82%
2008 38.390.000 -5.6%
2009 35.803.000 -7.23%
2010 32.919.000 -8.76%
2011 33.951.000 3.04%
2012 32.726.000 -3.74%
2013 30.866.000 -6.03%
2014 28.798.000 -7.18%
2015 26.504.000 -8.66%
2016 24.118.000 -9.89%
2017 25.383.000 4.98%
2018 24.574.000 -3.29%
2019 21.416.000 -14.75%
2020 19.862.000 -7.82%
2021 25.269.000 21.4%
2022 35.455.000 28.73%
2023 14.764.000 -140.14%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

National Bankshares, Inc. Gross Profit
Year Gross Profit Growth
1995 2.052.000
1996 3.024.000 32.14%
1997 3.269.000 7.49%
1998 21.100.000 84.51%
1999 22.900.000 7.86%
2000 24.277.000 5.67%
2001 27.960.000 13.17%
2002 32.695.000 14.48%
2003 35.015.000 6.63%
2004 37.509.000 6.65%
2005 38.813.000 3.36%
2006 38.139.000 -1.77%
2007 33.858.000 -12.64%
2008 35.981.000 5.9%
2009 40.331.000 10.79%
2010 43.178.000 6.59%
2011 46.034.000 6.2%
2012 43.980.000 -4.67%
2013 42.943.000 -2.41%
2014 41.948.000 -2.37%
2015 41.930.000 -0.04%
2016 39.872.000 -5.16%
2017 40.335.000 1.15%
2018 42.015.000 4%
2019 42.685.000 1.57%
2020 42.279.000 -0.96%
2021 46.761.000 9.58%
2022 56.393.000 17.08%
2023 40.284.000 -39.99%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

National Bankshares, Inc. Net Profit
Year Net Profit Growth
1995 3.256.000
1996 6.117.000 46.77%
1997 6.560.000 6.75%
1998 6.800.000 3.53%
1999 7.100.000 4.23%
2000 7.309.000 2.86%
2001 7.314.000 0.07%
2002 10.014.000 26.96%
2003 11.442.000 12.48%
2004 12.230.000 6.44%
2005 12.424.000 1.56%
2006 12.632.000 1.65%
2007 12.675.000 0.34%
2008 13.593.000 6.75%
2009 14.319.000 5.07%
2010 15.569.000 8.03%
2011 17.638.000 11.73%
2012 17.747.000 0.61%
2013 17.790.000 0.24%
2014 16.914.000 -5.18%
2015 15.833.000 -6.83%
2016 14.942.000 -5.96%
2017 14.092.000 -6.03%
2018 16.151.000 12.75%
2019 17.466.000 7.53%
2020 16.077.000 -8.64%
2021 20.382.000 21.12%
2022 25.932.000 21.4%
2023 12.296.000 -110.9%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

National Bankshares, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 1
1996 1 0%
1997 1 0%
1998 1 0%
1999 1 0%
2000 1 100%
2001 1 0%
2002 1 0%
2003 2 0%
2004 2 0%
2005 1 0%
2006 2 100%
2007 2 0%
2008 2 0%
2009 2 50%
2010 2 0%
2011 3 0%
2012 3 0%
2013 3 0%
2014 2 0%
2015 2 0%
2016 2 0%
2017 2 0%
2018 2 0%
2019 3 0%
2020 2 0%
2021 3 33.33%
2022 4 25%
2023 2 -100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

National Bankshares, Inc. Free Cashflow
Year Free Cashflow Growth
1995 3.680.000
1996 7.086.000 48.07%
1997 6.269.000 -13.03%
1998 3.400.000 -84.38%
1999 8.600.000 60.47%
2000 6.852.000 -25.51%
2001 9.096.000 24.67%
2002 13.439.000 32.32%
2003 13.266.000 -1.3%
2004 20.371.000 34.88%
2005 13.713.000 -48.55%
2006 13.240.000 -3.57%
2007 15.207.000 12.93%
2008 15.679.000 3.01%
2009 14.544.000 -7.8%
2010 17.837.000 18.46%
2011 18.731.000 4.77%
2012 21.943.000 14.64%
2013 24.174.000 9.23%
2014 19.879.000 -21.61%
2015 19.866.000 -0.07%
2016 16.899.000 -17.56%
2017 10.733.000 -57.45%
2018 18.584.000 42.25%
2019 17.800.000 -4.4%
2020 11.969.000 -48.72%
2021 22.559.000 46.94%
2022 28.242.000 20.12%
2023 4.695.000 -501.53%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

National Bankshares, Inc. Operating Cashflow
Year Operating Cashflow Growth
1995 3.964.000
1996 7.968.000 50.25%
1997 7.573.000 -5.22%
1998 5.200.000 -45.63%
1999 11.400.000 54.39%
2000 9.691.000 -17.63%
2001 10.017.000 3.25%
2002 14.244.000 29.68%
2003 14.793.000 3.71%
2004 23.334.000 36.6%
2005 15.461.000 -50.92%
2006 14.121.000 -9.49%
2007 15.528.000 9.06%
2008 15.864.000 2.12%
2009 14.874.000 -6.66%
2010 18.565.000 19.88%
2011 19.456.000 4.58%
2012 22.712.000 14.34%
2013 24.450.000 7.11%
2014 20.338.000 -20.22%
2015 20.529.000 0.93%
2016 17.533.000 -17.09%
2017 10.994.000 -59.48%
2018 19.775.000 44.4%
2019 18.832.000 -5.01%
2020 13.793.000 -36.53%
2021 22.882.000 39.72%
2022 29.500.000 22.43%
2023 4.948.000 -496.2%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

National Bankshares, Inc. Capital Expenditure
Year Capital Expenditure Growth
1995 284.000
1996 882.000 67.8%
1997 1.304.000 32.36%
1998 1.800.000 27.56%
1999 2.800.000 35.71%
2000 2.839.000 1.37%
2001 921.000 -208.25%
2002 805.000 -14.41%
2003 1.527.000 47.28%
2004 2.963.000 48.46%
2005 1.748.000 -69.51%
2006 881.000 -98.41%
2007 321.000 -174.45%
2008 185.000 -73.51%
2009 330.000 43.94%
2010 728.000 54.67%
2011 725.000 -0.41%
2012 769.000 5.72%
2013 276.000 -178.62%
2014 459.000 39.87%
2015 663.000 30.77%
2016 634.000 -4.57%
2017 261.000 -142.91%
2018 1.191.000 78.09%
2019 1.032.000 -15.41%
2020 1.824.000 43.42%
2021 323.000 -464.71%
2022 1.258.000 74.32%
2023 253.000 -397.23%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

National Bankshares, Inc. Equity
Year Equity Growth
1995 22.554.000
1996 49.801.000 54.71%
1997 54.029.000 7.83%
1998 58.500.000 7.64%
1999 52.700.000 -11.01%
2000 59.834.000 11.92%
2001 65.261.000 8.32%
2002 73.101.000 10.72%
2003 80.641.000 9.35%
2004 87.088.000 7.4%
2005 91.939.000 5.28%
2006 96.755.000 4.98%
2007 104.800.000 7.68%
2008 110.108.000 4.82%
2009 122.076.000 9.8%
2010 129.187.000 5.5%
2011 141.299.000 8.57%
2012 150.109.000 5.87%
2013 145.892.000 -2.89%
2014 166.303.000 12.27%
2015 172.114.000 3.38%
2016 178.263.000 3.45%
2017 184.896.000 3.59%
2018 190.238.000 2.81%
2019 183.726.000 -3.54%
2020 200.607.000 8.41%
2021 191.751.000 -4.62%
2022 122.687.000 -56.29%
2023 116.113.000 -5.66%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

National Bankshares, Inc. Assets
Year Assets Growth
1995 203.389.000
1996 388.850.000 47.69%
1997 402.907.000 3.49%
1998 445.200.000 9.5%
1999 472.100.000 5.7%
2000 593.497.000 20.45%
2001 644.623.000 7.93%
2002 684.935.000 5.89%
2003 708.560.000 3.33%
2004 796.154.000 11%
2005 841.498.000 5.39%
2006 868.203.000 3.08%
2007 887.647.000 2.19%
2008 935.374.000 5.1%
2009 982.367.000 4.78%
2010 1.022.238.000 3.9%
2011 1.067.102.000 4.2%
2012 1.104.361.000 3.37%
2013 1.110.630.000 0.56%
2014 1.154.731.000 3.82%
2015 1.199.739.000 3.75%
2016 1.233.942.000 2.77%
2017 1.256.757.000 1.82%
2018 1.256.032.000 -0.06%
2019 1.321.837.000 4.98%
2020 1.519.671.000 13.02%
2021 1.702.175.000 10.72%
2022 1.677.551.000 -1.47%
2023 1.591.902.000 -5.38%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

National Bankshares, Inc. Liabilities
Year Liabilities Growth
1995 180.835.000
1996 339.049.000 46.66%
1997 348.878.000 2.82%
1998 386.700.000 9.78%
1999 419.400.000 7.8%
2000 533.663.000 21.41%
2001 579.362.000 7.89%
2002 611.834.000 5.31%
2003 627.919.000 2.56%
2004 709.066.000 11.44%
2005 749.559.000 5.4%
2006 771.448.000 2.84%
2007 782.847.000 1.46%
2008 825.266.000 5.14%
2009 860.291.000 4.07%
2010 893.051.000 3.67%
2011 925.803.000 3.54%
2012 954.252.000 2.98%
2013 964.738.000 1.09%
2014 988.428.000 2.4%
2015 1.027.625.000 3.81%
2016 1.055.679.000 2.66%
2017 1.071.861.000 1.51%
2018 1.065.794.000 -0.57%
2019 1.138.111.000 6.35%
2020 56.000 -2032241.07%
2021 48.000 -16.67%
2022 1.554.864.000 100%
2023 551.000 -282089.47%

National Bankshares, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
9.29
Net Income per Share
3.53
Price to Earning Ratio
8.98x
Price To Sales Ratio
3.42x
POCF Ratio
7.61
PFCF Ratio
8.15
Price to Book Ratio
1.61
EV to Sales
2.44
EV Over EBITDA
4.54
EV to Operating CashFlow
5.43
EV to FreeCashFlow
5.82
Earnings Yield
0.11
FreeCashFlow Yield
0.12
Market Cap
0,19 Bil.
Enterprise Value
0,13 Bil.
Graham Number
39.59
Graham NetNet
110.21

Income Statement Metrics

Net Income per Share
3.53
Income Quality
1.18
ROE
0.17
Return On Assets
0.01
Return On Capital Employed
0.03
Net Income per EBT
0.84
EBT Per Ebit
1.13
Ebit per Revenue
0.31
Effective Tax Rate
0.16

Margins

Sales, General, & Administrative to Revenue
0.34
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.98
Operating Profit Margin
0.31
Pretax Profit Margin
0.35
Net Profit Margin
0.29

Dividends

Dividend Yield
0.08
Dividend Yield %
7.91
Payout Ratio
0.99
Dividend Per Share
2.51

Operating Metrics

Operating Cashflow per Share
4.17
Free CashFlow per Share
3.9
Capex to Operating CashFlow
-0.07
Capex to Revenue
-0.03
Capex to Depreciation
-2.3
Return on Invested Capital
0.21
Return on Tangible Assets
0.01
Days Sales Outstanding
41.22
Days Payables Outstanding
152.48
Days of Inventory on Hand
0
Receivables Turnover
8.85
Payables Turnover
2.39
Inventory Turnover
0
Capex per Share
-0.27

Balance Sheet

Cash per Share
109,51
Book Value per Share
19,71
Tangible Book Value per Share
269.2
Shareholders Equity per Share
19.71
Interest Debt per Share
2.64
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-1.82
Current Ratio
1181.8
Tangible Asset Value
1,59 Bil.
Net Current Asset Value
0,65 Bil.
Invested Capital
0
Working Capital
0,65 Bil.
Intangibles to Total Assets
0
Average Receivables
0,01 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

National Bankshares, Inc. Dividends
Year Dividends Growth
2000 1
2001 1 0%
2002 1 0%
2003 1 100%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 100%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 2 0%
2023 3 50%

National Bankshares, Inc. Profile

About National Bankshares, Inc.

National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts. Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository services, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services. It operates 23 branch offices, a loan production office, and 22 automated teller machines in Southwest Virginia. National Bankshares, Inc. was founded in 1891 and is headquartered in Blacksburg, Virginia.

CEO
Mr. F. Brad Denardo
Employee
225
Address
101 Hubbard Street
Blacksburg, 24062-9002

National Bankshares, Inc. Executives & BODs

National Bankshares, Inc. Executives & BODs
# Name Age
1 Mr. F. Brad Denardo
Chairman, President & Chief Executive Officer
70
2 Mr. David K. Skeens
Senior Vice President and Senior Operations, Risk & Technology Officer
70
3 Mr. Joseph W. Beury
Senior Vice President & Trust Officer
70
4 Mr. Patrick Lamm
Senior Vice President of Credit Administration
70
5 Ms. Lara E. Ramsey
Executive Vice President, Chief Operating Officer & Director
70
6 Ms. Lora M. Jones
Treasurer & Chief Financial Officer
70
7 Mr. Paul M. Mylum
Executive Vice President & Chief Lending Officer of The National Bank of Blacksburg
70
8 Ms. Shelby Evans
Vice President of Compliance
70

National Bankshares, Inc. Competitors