FIRST AMERICAN FINANCIAL (FAF) Fundamental Analysis & Valuation

NYSE:FAF • US31847R1023

Current stock price

59.58 USD
+1.11 (+1.9%)
At close:
59.58 USD
0 (0%)
After Hours:

This FAF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. FAF Profitability Analysis

1.1 Basic Checks

  • FAF had positive earnings in the past year.
  • In the past year FAF had a positive cash flow from operations.
  • Each year in the past 5 years FAF has been profitable.
  • Each year in the past 5 years FAF had a positive operating cash flow.
FAF Yearly Net Income VS EBIT VS OCF VS FCFFAF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

1.2 Ratios

  • FAF has a Return On Assets of 3.83%. This is in the better half of the industry: FAF outperforms 70.75% of its industry peers.
  • With a Return On Equity value of 11.31%, FAF perfoms like the industry average, outperforming 55.78% of the companies in the same industry.
  • The Return On Invested Capital of FAF (5.23%) is better than 75.51% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for FAF is significantly below the industry average of 9.36%.
  • The 3 year average ROIC (3.16%) for FAF is below the current ROIC(5.23%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.83%
ROE 11.31%
ROIC 5.23%
ROA(3y)2%
ROA(5y)3.06%
ROE(3y)6.15%
ROE(5y)9.12%
ROIC(3y)3.16%
ROIC(5y)4.27%
FAF Yearly ROA, ROE, ROICFAF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • FAF has a Profit Margin (8.34%) which is in line with its industry peers.
  • FAF's Profit Margin has declined in the last couple of years.
  • FAF has a Operating Margin (13.49%) which is in line with its industry peers.
  • FAF's Operating Margin has declined in the last couple of years.
Industry RankSector Rank
OM 13.49%
PM (TTM) 8.34%
GM N/A
OM growth 3Y12.4%
OM growth 5Y-2%
PM growth 3Y35.97%
PM growth 5Y-3.22%
GM growth 3YN/A
GM growth 5YN/A
FAF Yearly Profit, Operating, Gross MarginsFAF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

2

2. FAF Health Analysis

2.1 Basic Checks

  • FAF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • FAF has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, FAF has less shares outstanding
  • Compared to 1 year ago, FAF has a worse debt to assets ratio.
FAF Yearly Shares OutstandingFAF Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
FAF Yearly Total Debt VS Total AssetsFAF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • FAF has a debt to FCF ratio of 3.22. This is a good value and a sign of high solvency as FAF would need 3.22 years to pay back of all of its debts.
  • FAF has a Debt to FCF ratio of 3.22. This is comparable to the rest of the industry: FAF outperforms 42.18% of its industry peers.
  • FAF has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
  • FAF has a worse Debt to Equity ratio (0.45) than 65.99% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 3.22
Altman-Z N/A
ROIC/WACC0.66
WACC7.98%
FAF Yearly LT Debt VS Equity VS FCFFAF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
FAF Yearly Current Assets VS Current LiabilitesFAF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

6

3. FAF Growth Analysis

3.1 Past

  • FAF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.41%, which is quite impressive.
  • FAF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.85% yearly.
  • The Revenue has grown by 21.57% in the past year. This is a very strong growth!
  • The Revenue has been growing slightly by 1.01% on average over the past years.
EPS 1Y (TTM)37.41%
EPS 3Y-0.27%
EPS 5Y1.85%
EPS Q2Q%47.41%
Revenue 1Y (TTM)21.57%
Revenue growth 3Y-2.02%
Revenue growth 5Y1.01%
Sales Q2Q%18.44%

3.2 Future

  • Based on estimates for the next years, FAF will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.60% on average per year.
  • The Revenue is expected to grow by 6.27% on average over the next years.
EPS Next Y6.92%
EPS Next 2Y7.95%
EPS Next 3Y8.6%
EPS Next 5YN/A
Revenue Next Year10.4%
Revenue Next 2Y7.91%
Revenue Next 3Y6.27%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
FAF Yearly Revenue VS EstimatesFAF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B 8B
FAF Yearly EPS VS EstimatesFAF Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8

5

4. FAF Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 9.83, the valuation of FAF can be described as reasonable.
  • FAF's Price/Earnings is on the same level as the industry average.
  • FAF's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.75.
  • The Price/Forward Earnings ratio is 9.20, which indicates a very decent valuation of FAF.
  • The rest of the industry has a similar Price/Forward Earnings ratio as FAF.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, FAF is valued rather cheaply.
Industry RankSector Rank
PE 9.83
Fwd PE 9.2
FAF Price Earnings VS Forward Price EarningsFAF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FAF is valued a bit cheaper than 70.07% of the companies in the same industry.
  • FAF's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 7.96
EV/EBITDA 5.75
FAF Per share dataFAF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • FAF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.42
PEG (5Y)5.32
EPS Next 2Y7.95%
EPS Next 3Y8.6%

8

5. FAF Dividend Analysis

5.1 Amount

  • FAF has a Yearly Dividend Yield of 3.70%.
  • FAF's Dividend Yield is a higher than the industry average which is at 2.50.
  • FAF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 3.7%

5.2 History

  • The dividend of FAF has a limited annual growth rate of 3.98%.
  • FAF has been paying a dividend for at least 10 years, so it has a reliable track record.
  • FAF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.98%
Div Incr Years14
Div Non Decr Years14
FAF Yearly Dividends per shareFAF Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • FAF pays out 35.86% of its income as dividend. This is a sustainable payout ratio.
  • FAF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP35.86%
EPS Next 2Y7.95%
EPS Next 3Y8.6%
FAF Yearly Income VS Free CF VS DividendFAF Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
FAF Dividend Payout.FAF Dividend Payout, showing the Payout Ratio.FAF Dividend Payout.PayoutRetained Earnings

FAF Fundamentals: All Metrics, Ratios and Statistics

FIRST AMERICAN FINANCIAL

NYSE:FAF (3/30/2026, 8:04:00 PM)

After market: 59.58 0 (0%)

59.58

+1.11 (+1.9%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-11
Earnings (Next)04-22
Inst Owners96.15%
Inst Owner Change9.4%
Ins Owners0.93%
Ins Owner Change7.42%
Market Cap6.07B
Revenue(TTM)7.45B
Net Income(TTM)621.80M
Analysts75.56
Price Target83.23 (39.69%)
Short Float %3.93%
Short Ratio3.67
Dividend
Industry RankSector Rank
Dividend Yield 3.7%
Yearly Dividend2.18
Dividend Growth(5Y)3.98%
DP35.86%
Div Incr Years14
Div Non Decr Years14
Ex-Date03-09
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.64%
Min EPS beat(2)15.88%
Max EPS beat(2)37.4%
EPS beat(4)4
Avg EPS beat(4)21.63%
Min EPS beat(4)11.22%
Max EPS beat(4)37.4%
EPS beat(8)7
Avg EPS beat(8)13.58%
EPS beat(12)9
Avg EPS beat(12)8.42%
EPS beat(16)12
Avg EPS beat(16)7.68%
Revenue beat(2)2
Avg Revenue beat(2)7.01%
Min Revenue beat(2)5.09%
Max Revenue beat(2)8.92%
Revenue beat(4)4
Avg Revenue beat(4)5.07%
Min Revenue beat(4)2.41%
Max Revenue beat(4)8.92%
Revenue beat(8)5
Avg Revenue beat(8)1.91%
Revenue beat(12)7
Avg Revenue beat(12)1.4%
Revenue beat(16)8
Avg Revenue beat(16)0.74%
PT rev (1m)2.77%
PT rev (3m)5.7%
EPS NQ rev (1m)0.19%
EPS NQ rev (3m)-10.02%
EPS NY rev (1m)6.17%
EPS NY rev (3m)5.13%
Revenue NQ rev (1m)-0.38%
Revenue NQ rev (3m)2.83%
Revenue NY rev (1m)1.61%
Revenue NY rev (3m)2.55%
Valuation
Industry RankSector Rank
PE 9.83
Fwd PE 9.2
P/S 0.81
P/FCF 7.96
P/OCF 6.39
P/B 1.1
P/tB 1.7
EV/EBITDA 5.75
EPS(TTM)6.06
EY10.17%
EPS(NY)6.48
Fwd EY10.87%
FCF(TTM)7.48
FCFY12.56%
OCF(TTM)9.33
OCFY15.66%
SpS73.13
BVpS53.97
TBVpS35.13
PEG (NY)1.42
PEG (5Y)5.32
Graham Number85.78
Profitability
Industry RankSector Rank
ROA 3.83%
ROE 11.31%
ROCE 6.72%
ROIC 5.23%
ROICexc 5.77%
ROICexgc 7.45%
OM 13.49%
PM (TTM) 8.34%
GM N/A
FCFM 10.23%
ROA(3y)2%
ROA(5y)3.06%
ROE(3y)6.15%
ROE(5y)9.12%
ROIC(3y)3.16%
ROIC(5y)4.27%
ROICexc(3y)3.66%
ROICexc(5y)4.78%
ROICexgc(3y)4.73%
ROICexgc(5y)6.1%
ROCE(3y)4.05%
ROCE(5y)5.48%
ROICexgc growth 3Y6.59%
ROICexgc growth 5Y-6.56%
ROICexc growth 3Y7.18%
ROICexc growth 5Y-6.3%
OM growth 3Y12.4%
OM growth 5Y-2%
PM growth 3Y35.97%
PM growth 5Y-3.22%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.46
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 3.22
Debt/EBITDA 2.01
Cap/Depr 87.1%
Cap/Sales 2.53%
Interest Coverage 6.62
Cash Conversion 77.86%
Profit Quality 122.63%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score8
WACC7.98%
ROIC/WACC0.66
Cap/Depr(3y)110.7%
Cap/Depr(5y)117.94%
Cap/Sales(3y)3.49%
Cap/Sales(5y)3.11%
Profit Quality(3y)227.55%
Profit Quality(5y)193.14%
High Growth Momentum
Growth
EPS 1Y (TTM)37.41%
EPS 3Y-0.27%
EPS 5Y1.85%
EPS Q2Q%47.41%
EPS Next Y6.92%
EPS Next 2Y7.95%
EPS Next 3Y8.6%
EPS Next 5YN/A
Revenue 1Y (TTM)21.57%
Revenue growth 3Y-2.02%
Revenue growth 5Y1.01%
Sales Q2Q%18.44%
Revenue Next Year10.4%
Revenue Next 2Y7.91%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
EBIT growth 1Y184.86%
EBIT growth 3Y10.13%
EBIT growth 5Y-1.01%
EBIT Next Year35.83%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y12.26%
FCF growth 3Y13.61%
FCF growth 5Y-4.71%
OCF growth 1Y5.94%
OCF growth 3Y6.82%
OCF growth 5Y-2.6%

FIRST AMERICAN FINANCIAL / FAF Fundamental Analysis FAQ

What is the fundamental rating for FAF stock?

ChartMill assigns a fundamental rating of 4 / 10 to FAF.


What is the valuation status of FIRST AMERICAN FINANCIAL (FAF) stock?

ChartMill assigns a valuation rating of 5 / 10 to FIRST AMERICAN FINANCIAL (FAF). This can be considered as Fairly Valued.


Can you provide the profitability details for FIRST AMERICAN FINANCIAL?

FIRST AMERICAN FINANCIAL (FAF) has a profitability rating of 4 / 10.


Can you provide the expected EPS growth for FAF stock?

The Earnings per Share (EPS) of FIRST AMERICAN FINANCIAL (FAF) is expected to grow by 6.92% in the next year.


Can you provide the dividend sustainability for FAF stock?

The dividend rating of FIRST AMERICAN FINANCIAL (FAF) is 8 / 10 and the dividend payout ratio is 35.86%.