Latest Ratios: P/E Ratio 14.7x · EV/EBITDA 9.3x · ROE 11.3%. (1996–2025 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 | $836M | $617M | $509M | $436M | $408M | $405M | $224M | $321M | $342M | $242M | $176M |
| Enterprise Value | $785M | $566M | $582M | $537M | $377M | $353M | $253M | $352M | $411M | $282M | $304M |
| P/E Ratio → | 14.65 | 10.58 | 10.18 | 9.99 | 8.69 | 8.61 | 8.13 | 11.09 | 16.33 | 15.51 | 11.88 |
| P/S Ratio | 2.74 | 2.02 | 1.86 | 2.15 | 2.95 | 3.13 | 1.84 | 2.90 | 3.82 | 3.39 | 2.70 |
| P/B Ratio | 1.57 | 1.13 | 1.04 | 0.98 | 1.27 | 1.43 | 0.87 | 1.34 | 1.70 | 1.40 | 1.39 |
| P/FCF | 11.10 | 8.20 | 8.31 | 7.78 | 6.50 | 8.28 | 6.21 | 10.37 | 11.98 | 10.73 | 22.36 |
| P/OCF | 10.25 | 7.57 | 7.24 | 7.02 | 6.06 | 7.83 | 5.55 | 8.30 | 11.15 | 9.46 | 9.93 |
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 | — | 1.86 | 2.13 | 2.65 | 2.73 | 2.73 | 2.08 | 3.18 | 4.59 | 3.95 | 4.67 |
| EV / EBITDA | 9.35 | 6.74 | 7.95 | 9.42 | 5.73 | 5.43 | 6.34 | 8.57 | 12.35 | 11.07 | 12.14 |
| EV / EBIT | 10.61 | 7.65 | 9.22 | 10.86 | 6.30 | 5.92 | 7.36 | 9.78 | 14.31 | 13.07 | 14.13 |
| EV / FCF | — | 7.52 | 9.50 | 9.59 | 6.01 | 7.22 | 7.04 | 11.37 | 14.43 | 12.51 | 38.76 |
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 | 57.7% | 57.7% | 58.8% | 67.1% | 89.3% | 87.8% | 72.4% | 75.7% | 80.1% | 82.2% | 81.8% |
| Operating Margin | 24.2% | 24.2% | 23.1% | 24.4% | 43.4% | 46.1% | 28.3% | 32.5% | 32.1% | 30.3% | 33.1% |
| Net Profit Margin | 19.1% | 19.1% | 18.4% | 19.4% | 34.2% | 36.4% | 22.6% | 26.1% | 23.4% | 21.8% | 22.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 11.3% | 10.7% | 10.2% | 15.6% | 17.4% | 11.1% | 13.2% | 11.2% | 10.4% | 11.5% |
| ROA | 1.2% | 1.2% | 1.1% | 1.0% | 1.6% | 1.8% | 1.2% | 1.4% | 1.2% | 1.0% | 1.1% |
| ROIC | 8.5% | 8.5% | 7.7% | 7.5% | 12.2% | 12.8% | 8.0% | 8.9% | 7.9% | 6.2% | 6.2% |
| ROCE | 11.0% | 11.0% | 9.9% | 9.6% | 15.6% | 16.5% | 10.3% | 11.7% | 10.6% | 8.7% | 9.1% |
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 | 0.26 | 0.26 | 0.28 | 0.35 | 0.19 | 0.26 | 0.33 | 0.28 | 0.49 | 0.41 | 1.21 |
| Debt / EBITDA | 1.69 | 1.69 | 1.84 | 2.75 | 0.93 | 1.12 | 2.13 | 1.64 | 2.94 | 2.81 | 6.07 |
| Net Debt / Equity | — | -0.09 | 0.15 | 0.23 | -0.10 | -0.18 | 0.12 | 0.13 | 0.35 | 0.23 | 1.02 |
| Net Debt / EBITDA | -0.60 | -0.60 | 1.00 | 1.78 | -0.46 | -0.80 | 0.75 | 0.75 | 2.09 | 1.57 | 5.14 |
| Debt / FCF | — | -0.68 | 1.20 | 1.81 | -0.49 | -1.06 | 0.83 | 1.00 | 2.44 | 1.78 | 16.40 |
| Interest Coverage | 0.60 | 0.60 | 0.58 | 1.00 | 4.50 | 3.56 | 1.28 | 1.46 | 1.94 | 2.09 | 2.30 |
Net cash position: cash ($193M) exceeds total debt ($142M)
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 | 1.09 | 1.09 | 0.13 | 0.13 | 0.13 | 0.15 | 0.12 | 0.12 | 0.13 | 0.14 | 0.15 |
| Quick Ratio | 1.09 | 1.09 | 0.13 | 0.13 | 0.13 | 0.15 | 0.12 | 0.12 | 0.13 | 0.14 | 0.15 |
| Cash Ratio | 0.04 | 0.04 | 0.02 | 0.01 | 0.03 | 0.05 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 0.06 | 0.06 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.05 |
| 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 | 1.2% | 1.7% | 1.9% | 2.0% | 1.8% | 1.4% | 2.5% | 1.5% | 1.1% | 1.2% | 1.5% |
| Payout Ratio | 17.8% | 17.8% | 19.0% | 22.0% | 15.3% | 11.9% | 20.0% | 16.5% | 18.3% | 19.2% | 18.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.8% | 9.5% | 9.8% | 10.0% | 11.5% | 11.6% | 12.3% | 9.0% | 6.1% | 6.4% | 8.4% |
| FCF Yield | 9.0% | 12.2% | 12.0% | 12.9% | 15.4% | 12.1% | 16.1% | 9.6% | 8.3% | 9.3% | 4.5% |
| Buyback Yield | 0.0% | 0.0% | 0.8% | 0.0% | 1.4% | 2.1% | 2.6% | 0.4% | 0.0% | 0.0% | 11.4% |
| Total Shareholder Yield | 1.2% | 1.7% | 2.6% | 2.0% | 3.2% | 3.4% | 5.0% | 1.8% | 1.1% | 1.2% | 12.9% |
| Shares Outstanding | — | $11M | $11M | $11M | $9M | $9M | $9M | $9M | $9M | $8M | $7M |
Agricultural credit concentration
According to current market data, SMBC trades at a P/B of 1.59, which suggests that investors are pricing in a premium for the bank's historical ability to execute accretive acquisitions within its specialized Missouri and Arkansas footprint compared to its regional banking peers.
The current P/B multiple appears to reflect market confidence in the bank's franchise value rather than just its tangible book value. Investors should monitor whether this premium remains sustainable if the pace of regional consolidation slows or if integration costs begin to weigh on future earnings growth.
Based on reported quarterly figures, SMBC's ROE has remained in a narrow range between 2.4% and 3.2%, indicating that while the bank is consistently profitable, its return on equity is currently dampened by a conservative capital structure and limited leverage relative to its regional peers.
The DuPont decomposition suggests that profitability is driven primarily by stable net interest margins rather than aggressive balance sheet leverage. This conservative approach may limit upside potential in ROE but provides a defensive buffer against the cyclical volatility inherent in the bank's agricultural loan portfolio.
As reported in financial statements, SMBC has successfully improved its efficiency ratio from 36.0% in 2024Q3 to 33.5% in 2026Q3, demonstrating that management is effectively scaling its 48-branch network to drive revenue growth faster than the accumulation of non-interest expenses.
The stability of the NIM at 0.8% suggests that the bank has successfully managed its funding costs despite broader interest rate volatility. This operational leverage appears to be a key driver of the bank's ability to maintain profitability while expanding its geographic footprint.
Based on reported figures, the bank has maintained a consistent equity-to-assets ratio of approximately 0.11 over the last ten quarters, indicating that SMBC is successfully balancing aggressive balance sheet expansion with sufficient internal capital generation to support its regulatory requirements and long-term strategic objectives.
This consistent capital ratio suggests a fortress-like approach to balance sheet management that provides the flexibility to pursue opportunistic acquisitions. Investors should monitor whether this ratio remains stable as the bank approaches the $10 billion asset threshold, which may trigger increased regulatory capital requirements.
The P/E ratio is frequently misapplied to SMBC, as reported earnings are often distorted by purchase accounting adjustments and variable loan loss provisions, which can obscure the bank's underlying cash-generating power and long-term franchise value for investors.
Analysts should prioritize P/TBV over P/E to better assess the bank's valuation, as the latter is highly sensitive to non-cash accounting entries related to M&A activity. Relying on P/E may lead to an inaccurate assessment of the bank's true earnings quality and its ability to sustain dividend growth.
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SMBC stock.
Southern Missouri Bancorp, Inc.'s current P/E ratio is 14.7x. The historical average is 11.7x. This places it at the 83th percentile of its historical range.
Southern Missouri Bancorp, Inc.'s current EV/EBITDA is 9.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.9x.
Southern Missouri Bancorp, Inc.'s return on equity (ROE) is 11.3%. The historical average is 10.4%.
Based on historical data, Southern Missouri Bancorp, Inc. is trading at a P/E of 14.7x. This is at the 83th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Southern Missouri Bancorp, Inc.'s current dividend yield is 1.21% with a payout ratio of 17.8%.
Southern Missouri Bancorp, Inc. has 57.7% gross margin and 24.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Southern Missouri Bancorp, Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.