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FIRST ADVANTAGE CORP (FA) Stock Fundamental Analysis

NASDAQ:FA - US31846B1089 - Common Stock

17.12 USD
+0.8 (+4.9%)
Last: 8/22/2025, 8:05:31 PM
17.12 USD
0 (0%)
After Hours: 8/22/2025, 8:05:31 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to FA. FA was compared to 81 industry peers in the Professional Services industry. FA may be in some trouble as it scores bad on both profitability and health. FA has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

In the past year FA was profitable.
In the past year FA had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: FA reported negative net income in multiple years.
In the past 5 years FA always reported a positive cash flow from operatings.
FA Yearly Net Income VS EBIT VS OCF VS FCFFA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

1.2 Ratios

With a Return On Assets value of -3.88%, FA is not doing good in the industry: 71.60% of the companies in the same industry are doing better.
FA has a worse Return On Equity (-11.55%) than 74.07% of its industry peers.
Industry RankSector Rank
ROA -3.88%
ROE -11.55%
ROIC N/A
ROA(3y)0.97%
ROA(5y)-0.2%
ROE(3y)0.47%
ROE(5y)-1.55%
ROIC(3y)N/A
ROIC(5y)N/A
FA Yearly ROA, ROE, ROICFA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

1.3 Margins

With a Gross Margin value of 46.48%, FA perfoms like the industry average, outperforming 59.26% of the companies in the same industry.
FA's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for FA so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 46.48%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.84%
GM growth 5Y-0.52%
FA Yearly Profit, Operating, Gross MarginsFA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 40

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2

2. Health

2.1 Basic Checks

FA does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FA has been increased compared to 1 year ago.
Compared to 5 years ago, FA has more shares outstanding
Compared to 1 year ago, FA has a worse debt to assets ratio.
FA Yearly Shares OutstandingFA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 50M 100M 150M
FA Yearly Total Debt VS Total AssetsFA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

Based on the Altman-Z score of 1.00, we must say that FA is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FA (1.00) is worse than 74.07% of its industry peers.
A Debt/Equity ratio of 1.62 is on the high side and indicates that FA has dependencies on debt financing.
The Debt to Equity ratio of FA (1.62) is worse than 82.72% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.62
Debt/FCF N/A
Altman-Z 1
ROIC/WACCN/A
WACC7.8%
FA Yearly LT Debt VS Equity VS FCFFA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

A Current Ratio of 1.98 indicates that FA should not have too much problems paying its short term obligations.
FA has a better Current ratio (1.98) than 74.07% of its industry peers.
FA has a Quick Ratio of 1.98. This is a normal value and indicates that FA is financially healthy and should not expect problems in meeting its short term obligations.
FA has a better Quick ratio (1.98) than 74.07% of its industry peers.
Industry RankSector Rank
Current Ratio 1.98
Quick Ratio 1.98
FA Yearly Current Assets VS Current LiabilitesFA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

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6

3. Growth

3.1 Past

FA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.37%.
Looking at the last year, FA shows a very strong growth in Revenue. The Revenue has grown by 65.34%.
Measured over the past years, FA shows a quite strong growth in Revenue. The Revenue has been growing by 12.29% on average per year.
EPS 1Y (TTM)-7.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%28.57%
Revenue 1Y (TTM)65.34%
Revenue growth 3Y6.49%
Revenue growth 5Y12.29%
Sales Q2Q%111.67%

3.2 Future

The Earnings Per Share is expected to grow by 16.10% on average over the next years. This is quite good.
Based on estimates for the next years, FA will show a very strong growth in Revenue. The Revenue will grow by 26.96% on average per year.
EPS Next Y23.18%
EPS Next 2Y22.55%
EPS Next 3Y16.1%
EPS Next 5YN/A
Revenue Next Year78.92%
Revenue Next 2Y37.71%
Revenue Next 3Y26.96%
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
FA Yearly Revenue VS EstimatesFA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
FA Yearly EPS VS EstimatesFA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0.2 0.4 0.6 0.8 1

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4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 19.45 indicates a rather expensive valuation of FA.
FA's Price/Earnings is on the same level as the industry average.
FA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.24.
With a Price/Forward Earnings ratio of 13.90, FA is valued correctly.
71.60% of the companies in the same industry are more expensive than FA, based on the Price/Forward Earnings ratio.
FA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.82.
Industry RankSector Rank
PE 19.45
Fwd PE 13.9
FA Price Earnings VS Forward Price EarningsFA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, FA is valued a bit more expensive than 65.43% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 26.82
FA Per share dataFA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 -10

4.3 Compensation for Growth

FA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FA's earnings are expected to grow with 16.10% in the coming years.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y22.55%
EPS Next 3Y16.1%

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0

5. Dividend

5.1 Amount

No dividends for FA!.
Industry RankSector Rank
Dividend Yield N/A

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FIRST ADVANTAGE CORP

NASDAQ:FA (8/22/2025, 8:05:31 PM)

After market: 17.12 0 (0%)

17.12

+0.8 (+4.9%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)08-07 2025-08-07/bmo
Earnings (Next)11-10 2025-11-10/bmo
Inst Owners55%
Inst Owner Change-3%
Ins Owners2.68%
Ins Owner Change0.8%
Market Cap2.98B
Analysts77.78
Price Target19.21 (12.21%)
Short Float %13.79%
Short Ratio10.69
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP-0.1%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.01%
Min EPS beat(2)10.51%
Max EPS beat(2)25.51%
EPS beat(4)3
Avg EPS beat(4)3.45%
Min EPS beat(4)-22.44%
Max EPS beat(4)25.51%
EPS beat(8)3
Avg EPS beat(8)-0.02%
EPS beat(12)5
Avg EPS beat(12)-0.59%
EPS beat(16)8
Avg EPS beat(16)4.87%
Revenue beat(2)0
Avg Revenue beat(2)-0.25%
Min Revenue beat(2)-0.48%
Max Revenue beat(2)-0.02%
Revenue beat(4)0
Avg Revenue beat(4)-2.01%
Min Revenue beat(4)-5.38%
Max Revenue beat(4)-0.02%
Revenue beat(8)0
Avg Revenue beat(8)-2.96%
Revenue beat(12)0
Avg Revenue beat(12)-3.06%
Revenue beat(16)3
Avg Revenue beat(16)-1.02%
PT rev (1m)0%
PT rev (3m)13%
EPS NQ rev (1m)1.89%
EPS NQ rev (3m)9.53%
EPS NY rev (1m)4.81%
EPS NY rev (3m)5.95%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)-1.53%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)0.89%
Valuation
Industry RankSector Rank
PE 19.45
Fwd PE 13.9
P/S 2.38
P/FCF N/A
P/OCF 203.46
P/B 2.29
P/tB N/A
EV/EBITDA 26.82
EPS(TTM)0.88
EY5.14%
EPS(NY)1.23
Fwd EY7.19%
FCF(TTM)-0.16
FCFYN/A
OCF(TTM)0.08
OCFY0.49%
SpS7.19
BVpS7.47
TBVpS-10.17
PEG (NY)0.84
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -3.88%
ROE -11.55%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 46.48%
FCFM N/A
ROA(3y)0.97%
ROA(5y)-0.2%
ROE(3y)0.47%
ROE(5y)-1.55%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.84%
GM growth 5Y-0.52%
F-Score2
Asset Turnover0.32
Health
Industry RankSector Rank
Debt/Equity 1.62
Debt/FCF N/A
Debt/EBITDA 11.47
Cap/Depr 20.17%
Cap/Sales 3.38%
Interest Coverage N/A
Cash Conversion 7.98%
Profit Quality N/A
Current Ratio 1.98
Quick Ratio 1.98
Altman-Z 1
F-Score2
WACC7.8%
ROIC/WACCN/A
Cap/Depr(3y)21.38%
Cap/Depr(5y)18.74%
Cap/Sales(3y)3.63%
Cap/Sales(5y)3.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%28.57%
EPS Next Y23.18%
EPS Next 2Y22.55%
EPS Next 3Y16.1%
EPS Next 5YN/A
Revenue 1Y (TTM)65.34%
Revenue growth 3Y6.49%
Revenue growth 5Y12.29%
Sales Q2Q%111.67%
Revenue Next Year78.92%
Revenue Next 2Y37.71%
Revenue Next 3Y26.96%
Revenue Next 5YN/A
EBIT growth 1Y-142.43%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year370.45%
EBIT Next 3Y79.19%
EBIT Next 5YN/A
FCF growth 1Y-117.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-92.22%
OCF growth 3Y-42.55%
OCF growth 5Y-17%