Latest Ratios: P/E Ratio 19.4x · EV/EBITDA 21.7x · ROE 5.5%. (2009–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $89M | $77M | $51M | $46M | $60M | $70M | $54M | $74M | $88M | $72M | $68M |
| Enterprise Value | $142M | $130M | $117M | $64M | $7M | $39M | $59M | $37M | $152M | $119M | $133M |
| P/E Ratio → | 19.38 | 17.77 | 28.39 | 9.89 | 10.33 | 13.10 | 12.78 | 20.70 | 50.85 | 18.40 | 19.31 |
| P/S Ratio | 1.84 | 1.59 | 1.12 | 1.28 | 1.97 | 2.30 | 1.71 | 2.39 | 3.29 | 2.78 | 2.80 |
| P/B Ratio | 1.02 | 0.94 | 0.69 | 0.64 | 0.83 | 0.82 | 0.66 | 0.90 | 1.08 | 0.86 | 0.82 |
| P/FCF | 13.65 | 11.77 | 24.89 | 89.41 | 7.19 | 10.66 | 8.06 | 15.74 | — | 16.22 | 13.39 |
| P/OCF | 13.16 | 11.35 | 22.20 | 16.68 | 6.87 | 10.22 | 7.87 | 12.73 | 18.27 | 11.78 | 12.86 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.68 | 2.58 | 1.77 | 0.22 | 1.29 | 1.86 | 1.21 | 5.64 | 4.55 | 5.44 |
| EV / EBITDA | 21.69 | 19.82 | 38.62 | 9.27 | 0.77 | 4.90 | 9.01 | 6.80 | 30.76 | 18.19 | 22.17 |
| EV / EBIT | 23.97 | 21.90 | 49.63 | 10.25 | 0.83 | 5.35 | 10.04 | 7.68 | 33.98 | 19.14 | 23.87 |
| EV / FCF | — | 19.87 | 57.41 | 124.39 | 0.79 | 5.99 | 8.77 | 7.94 | — | 26.57 | 26.04 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 54.7% | 54.7% | 48.7% | 72.8% | 90.0% | 83.6% | 72.2% | 70.0% | 77.4% | 79.5% | 80.9% |
| Operating Margin | 12.2% | 12.2% | 5.2% | 17.3% | 25.8% | 24.1% | 18.5% | 15.7% | 16.6% | 23.7% | 22.8% |
| Net Profit Margin | 8.9% | 8.9% | 3.9% | 12.9% | 19.1% | 17.5% | 13.4% | 11.5% | 6.5% | 15.0% | 14.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.5% | 5.5% | 2.5% | 6.5% | 7.4% | 6.4% | 5.1% | 4.3% | 2.1% | 4.7% | 4.3% |
| ROA | 0.5% | 0.5% | 0.2% | 0.5% | 0.7% | 0.7% | 0.6% | 0.5% | 0.3% | 0.7% | 0.6% |
| ROIC | 2.9% | 2.9% | 1.4% | 4.7% | 5.4% | 4.5% | 3.8% | 2.8% | 2.3% | 3.1% | 2.8% |
| ROCE | 3.9% | 3.9% | 2.0% | 6.3% | 7.2% | 6.0% | 4.9% | 3.6% | 3.0% | 4.1% | 3.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.89 | 0.89 | 1.03 | 0.42 | 0.34 | 0.40 | 0.50 | 0.32 | 0.85 | 0.66 | 0.85 |
| Debt / EBITDA | 11.15 | 11.15 | 25.12 | 4.37 | 2.85 | 4.25 | 6.29 | 4.75 | 14.15 | 8.54 | 11.88 |
| Net Debt / Equity | — | 0.65 | 0.90 | 0.25 | -0.74 | -0.36 | 0.06 | -0.44 | 0.77 | 0.55 | 0.77 |
| Net Debt / EBITDA | 8.08 | 8.08 | 21.88 | 2.61 | -6.24 | -3.81 | 0.73 | -6.68 | 12.83 | 7.08 | 10.77 |
| Debt / FCF | — | 8.10 | 32.51 | 34.98 | -6.41 | -4.67 | 0.71 | -7.80 | — | 10.35 | 12.65 |
| Interest Coverage | 0.26 | 0.26 | 0.10 | 0.62 | 3.09 | 1.77 | 0.68 | 0.55 | 0.84 | 1.71 | 1.68 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.00 | 0.00 | 0.27 | 0.29 | 0.39 | 0.38 | 0.33 | 0.35 | 0.28 | 0.28 | 0.30 |
| Quick Ratio | 0.00 | 0.00 | 0.27 | 0.29 | 0.39 | 0.38 | 0.33 | 0.35 | 0.28 | 0.28 | 0.30 |
| Cash Ratio | 0.03 | 0.03 | 0.01 | 0.02 | 0.10 | 0.10 | 0.06 | 0.10 | 0.01 | 0.02 | 0.02 |
| Asset Turnover | — | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 29.9% | 29.9% | 71.5% | 27.2% | 18.4% | 17.0% | 22.1% | 24.4% | 42.0% | 15.0% | 13.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.2% | 5.6% | 3.5% | 10.1% | 9.7% | 7.6% | 7.8% | 4.8% | 2.0% | 5.4% | 5.2% |
| FCF Yield | 7.3% | 8.5% | 4.0% | 1.1% | 13.9% | 9.4% | 12.4% | 6.4% | — | 6.2% | 7.5% |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 1.5% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $3M | $3M | $3M | $3M | $3M | $3M | $4M | $4M | $4M | $4M |
Geographic and NIM concentration
With a P/B ratio of 1.02, IROQ is currently priced near its tangible book value, suggesting that the market views the bank as a commodity balance sheet rather than a premium franchise, according to the latest valuation data provided in the financial summary.
The current P/B multiple of 1.02 indicates that investors are not assigning a significant premium to the bank's localized deposit base or its insurance and wealth management subsidiaries. This valuation level implies that the market expects future returns on tangible equity to remain muted, likely reflecting the bank's historical struggle to generate consistent profitability above its cost of capital.
Based on the reported quarterly figures, IROQ's ROE has remained consistently low, fluctuating between 0.2% and 1.8% over the last ten quarters, which indicates a structural inability to leverage its asset base effectively for shareholder returns.
The DuPont decomposition suggests that the bank's profitability is severely constrained by a combination of thin net interest margins and high operating overhead. The inability to consistently push ROE above 2% implies that the bank's current business model, while stable, lacks the necessary scale or operational leverage to drive meaningful earnings growth.
As reported in financial statements, the net interest margin has largely stagnated at 0.7% in recent quarters, while the efficiency ratio has frequently exceeded 40%, highlighting a persistent struggle to manage costs relative to interest-earning asset yields.
The persistent NIM compression suggests that the bank's funding costs are likely rising in tandem with asset yields, leaving little room for spread expansion. Furthermore, the high efficiency ratio indicates that the physical branch network continues to act as a significant drag on operating margins, necessitating a potential shift toward digital transformation to improve profitability.
According to recent quarterly filings, the equity-to-assets ratio has remained in the 0.08 to 0.11 range, reflecting a conservative capital position that provides a buffer against localized economic shocks but may also limit the bank's capacity for aggressive balance sheet expansion.
While the current capital levels appear adequate for regulatory compliance, the bank's cautious approach to leverage may be contributing to its suppressed ROE. Investors should monitor whether this capital base is being deployed efficiently or if it remains underutilized due to a lack of high-quality lending opportunities in the bank's core Illinois markets.
The P/E ratio of 19.38 is frequently misapplied to IROQ, as it fails to account for the extreme volatility in provision for credit losses which can artificially depress or inflate earnings in any given quarter, as noted in recent financial disclosures.
Using P/E as a primary valuation metric for IROQ is misleading because it ignores the subjective nature of loan loss provisioning, which has historically caused significant earnings swings. Analysts should instead prioritize P/TBV, as it provides a more stable and accurate reflection of the bank's underlying value, stripping away the noise created by accounting-driven provision volatility.
Includes 30+ ratios · 17 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying IROQ stock.
IF Bancorp, Inc.'s current P/E ratio is 19.4x. The historical average is 21.4x. This places it at the 57th percentile of its historical range.
IF Bancorp, Inc.'s current EV/EBITDA is 21.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 19.8x.
IF Bancorp, Inc.'s return on equity (ROE) is 5.5%. The historical average is 5.1%.
Based on historical data, IF Bancorp, Inc. is trading at a P/E of 19.4x. This is at the 57th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
IF Bancorp, Inc.'s current dividend yield is 1.54% with a payout ratio of 29.9%.
IF Bancorp, Inc. has 54.7% gross margin and 12.2% operating margin. Operating margin between 10-20% is typical for established companies.
IF Bancorp, Inc.'s Debt/EBITDA ratio is 11.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.