Old National Valuation

ONB Stock  USD 22.99  0.17  0.73%   
At this time, the company appears to be overvalued. Old National Bancorp holds a recent Real Value of $20.02 per share. The prevailing price of the company is $22.99. Our model determines the value of Old National Bancorp from analyzing the company fundamentals such as Shares Outstanding of 340.9 M, operating margin of 0.45 %, and Return On Equity of 0.0892 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Old National's valuation include:
Price Book
1.2039
Enterprise Value
12.1 B
Price Sales
4.5145
Forward PE
11.3766
Trailing PE
14.0364
Overvalued
Today
22.99
Please note that Old National's price fluctuation is not too volatile at this time. Calculation of the real value of Old National Bancorp is based on 3 months time horizon. Increasing Old National's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Old National is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Old Stock. However, Old National's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  22.99 Real  20.02 Target  18.21 Hype  23.05 Naive  23.42
The real value of Old Stock, also known as its intrinsic value, is the underlying worth of Old National Bancorp Company, which is reflected in its stock price. It is based on Old National's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Old National's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
20.02
Real Value
25.48
Upside
Estimating the potential upside or downside of Old National Bancorp helps investors to forecast how Old stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Old National more accurately as focusing exclusively on Old National's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.450.460.46
Details
Hype
Prediction
LowEstimatedHigh
20.5123.0525.59
Details
Potential
Annual Dividend
LowForecastedHigh
0.360.370.39
Details
7 Analysts
Consensus
LowTarget PriceHigh
16.5718.2120.21
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Old National's intrinsic value based on its ongoing forecasts of Old National's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Old National's closest peers. If more than one evaluation category is relevant for Old National we suggest using both methods to arrive at a better estimate.

Old National Cash

308.83 Million

Old Valuation Trend

Comparing Old National's enterprise value against its market capitalization is a good way to estimate the value of Old National Bancorp uage its performance over time. This information may sometimes be enough for investors to make reasonable market timing decisions.

Old Revenue by Product

Old National Total Value Analysis

Old National Bancorp is now estimated to have company total value of 12.13 B with market capitalization of 7.9 B, debt of 5.33 B, and cash on hands of 466.85 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Old National fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
12.13 B
7.9 B
5.33 B
466.85 M

Old National Investor Information

About 84.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.2. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Old National Bancorp has Price/Earnings To Growth (PEG) ratio of 2.45. The entity last dividend was issued on the 5th of December 2024. The firm had 105:100 split on the 3rd of January 2005. Old National Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.770.4722
Way Up
Pretty Stable
Total Cash From Operating Activities542.2 M516.3 M
Sufficiently Up
Slightly volatile
Operating Income788.9 M751.3 M
Sufficiently Up
Slightly volatile

Old National Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Old National has an asset utilization ratio of 3.59 percent. This suggests that the Company is making $0.0359 for each dollar of assets. An increasing asset utilization means that Old National Bancorp is more efficient with each dollar of assets it utilizes for everyday operations.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Old National Ownership Allocation

Old National owns a total of 340.9 Million outstanding shares. The majority of Old National Bancorp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Old National Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Old National. Please pay attention to any change in the institutional holdings of Old National Bancorp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Old National Profitability Analysis

The company reported the last year's revenue of 1.76 B. Total Income to common stockholders was 581.99 M with profit before taxes, overhead, and interest of 1.57 B.

Old National Past Distributions to stockholders

Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Old National's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Old National and how it compares across the competition.

About Old National Valuation

The stock valuation mechanism determines Old National's current worth on a weekly basis. Our valuation model uses a comparative analysis of Old National. We calculate exposure to Old National's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Old National's related companies.
Last ReportedProjected for Next Year
Gross Profit1.8 B1.9 B
Pretax Profit Margin 0.43  0.22 
Operating Profit Margin 0.47  0.77 
Net Profit Margin 0.33  0.18 
Gross Profit Margin 0.88  0.78 

Old National Quarterly Retained Earnings

1.86 Billion

Old National's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Old National's value is low or high relative to the company's performance and growth projections. Determining the market value of Old National can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Old National represents a small ownership stake in the entity. As a stockholder of Old, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Old National Dividends Analysis For Valuation

At present, Old National's Dividends Paid is projected to increase significantly based on the last few years of reporting. The current year's Dividend Payout Ratio is expected to grow to 0.43, whereas Dividend Yield is forecasted to decline to 0.02. . At present, Old National's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings Total Equity is expected to grow to about 1.5 B, whereas Earning Assets are forecasted to decline to about 4.7 B.
Last ReportedProjected for Next Year
Dividends Paid180 M189 M
Dividend Yield 0.04  0.02 
Dividend Payout Ratio 0.31  0.43 
Dividend Paid And Capex Coverage Ratio 2.36  2.21 
There are various types of dividends Old National can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Old shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Old National Bancorp directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Old pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Old National by the value of the dividends paid out.

Old National Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
Common Stock Shares Outstanding291.9 M
Quarterly Earnings Growth Y O Y-0.102
Forward Price Earnings11.3766

Old National Current Valuation Indicators

Valuation refers to the process of determining the present value of Old National Bancorp and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Old we look at many different elements of the entity such as Old's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Old National, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Old National's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Old National's worth.

Complementary Tools for Old Stock analysis

When running Old National's price analysis, check to measure Old National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old National is operating at the current time. Most of Old National's value examination focuses on studying past and present price action to predict the probability of Old National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old National's price. Additionally, you may evaluate how the addition of Old National to your portfolios can decrease your overall portfolio volatility.
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