53.36 USD
-0.01 (-0.02%)
53.36 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to FBNC. FBNC was compared to 387 industry peers in the Banks industry. Both the profitability and financial health of FBNC have multiple concerns. FBNC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FBNC was profitable.
FBNC had a positive operating cash flow in the past year.
In the past 5 years FBNC has always been profitable.
Each year in the past 5 years FBNC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.77%, FBNC is doing worse than 60.98% of the companies in the same industry.
With a Return On Equity value of 6.14%, FBNC is not doing good in the industry: 72.35% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 6.14% | ||
| ROIC | N/A |
ROA(3y)0.95%
ROA(5y)0.97%
ROE(3y)8.98%
ROE(5y)8.75%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FBNC (26.45%) is better than 63.57% of its industry peers.
In the last couple of years the Profit Margin of FBNC has declined.
The Operating Margin and Gross Margin are not available for FBNC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 26.45% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-10.05%
PM growth 5Y-8.21%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FBNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FBNC has been increased compared to 1 year ago.
The number of shares outstanding for FBNC has been increased compared to 5 years ago.
Compared to 1 year ago, FBNC has an improved debt to assets ratio.
2.2 Solvency
FBNC has a debt to FCF ratio of 0.43. This is a very positive value and a sign of high solvency as it would only need 0.43 years to pay back of all of its debts.
FBNC's Debt to FCF ratio of 0.43 is amongst the best of the industry. FBNC outperforms 81.65% of its industry peers.
FBNC has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
FBNC has a Debt to Equity ratio of 0.06. This is in the better half of the industry: FBNC outperforms 78.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.43 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.23%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.67% over the past year.
The Earnings Per Share has been decreasing by -2.23% on average over the past years.
Looking at the last year, FBNC shows a very negative growth in Revenue. The Revenue has decreased by -21.45% in the last year.
Measured over the past years, FBNC shows a small growth in Revenue. The Revenue has been growing by 4.90% on average per year.
EPS 1Y (TTM)29.67%
EPS 3Y-5.67%
EPS 5Y-2.23%
EPS Q2Q%44.29%
Revenue 1Y (TTM)-21.45%
Revenue growth 3Y3.05%
Revenue growth 5Y4.9%
Sales Q2Q%8.72%
3.2 Future
Based on estimates for the next years, FBNC will show a very strong growth in Earnings Per Share. The EPS will grow by 21.45% on average per year.
The Revenue is expected to grow by 11.93% on average over the next years. This is quite good.
EPS Next Y39.8%
EPS Next 2Y28.54%
EPS Next 3Y21.45%
EPS Next 5YN/A
Revenue Next Year17.88%
Revenue Next 2Y14.98%
Revenue Next 3Y11.93%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.07 indicates a correct valuation of FBNC.
66.67% of the companies in the same industry are cheaper than FBNC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.54. FBNC is valued slightly cheaper when compared to this.
FBNC is valuated reasonably with a Price/Forward Earnings ratio of 11.66.
FBNC's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, FBNC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.07 | ||
| Fwd PE | 11.66 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FBNC is valued a bit cheaper than the industry average as 66.15% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.38 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The 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 FBNC's earnings are expected to grow with 21.45% in the coming years.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y28.54%
EPS Next 3Y21.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.78%, FBNC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.11, FBNC is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.27, FBNC is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
5.2 History
The dividend of FBNC is nicely growing with an annual growth rate of 14.00%!
FBNC has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FBNC pays out 37.43% of its income as dividend. This is a sustainable payout ratio.
FBNC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP37.43%
EPS Next 2Y28.54%
EPS Next 3Y21.45%
53.36
-0.01 (-0.02%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners81.71%
Inst Owner Change14.42%
Ins Owners1.66%
Ins Owner Change1.98%
Market Cap2.21B
Revenue(TTM)372.08M
Net Income(TTM)98.42M
Analysts80
Price Target59.93 (12.31%)
Short Float %4.13%
Short Ratio8.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
Yearly Dividend0.88
Dividend Growth(5Y)14%
DP37.43%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.11%
Min EPS beat(2)4.56%
Max EPS beat(2)7.65%
EPS beat(4)4
Avg EPS beat(4)5.33%
Min EPS beat(4)3.49%
Max EPS beat(4)7.65%
EPS beat(8)6
Avg EPS beat(8)4.67%
EPS beat(12)7
Avg EPS beat(12)-2.2%
EPS beat(16)9
Avg EPS beat(16)-3.45%
Revenue beat(2)0
Avg Revenue beat(2)-11.45%
Min Revenue beat(2)-22.58%
Max Revenue beat(2)-0.32%
Revenue beat(4)0
Avg Revenue beat(4)-15.52%
Min Revenue beat(4)-37.62%
Max Revenue beat(4)-0.32%
Revenue beat(8)1
Avg Revenue beat(8)-11.15%
Revenue beat(12)1
Avg Revenue beat(12)-9.46%
Revenue beat(16)3
Avg Revenue beat(16)-7.09%
PT rev (1m)3.07%
PT rev (3m)4.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.25%
EPS NY rev (1m)-0.84%
EPS NY rev (3m)3.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.98%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.07 | ||
| Fwd PE | 11.66 | ||
| P/S | 5.95 | ||
| P/FCF | 10.38 | ||
| P/OCF | 10.21 | ||
| P/B | 1.38 | ||
| P/tB | 2 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.54
EY6.63%
EPS(NY)4.58
Fwd EY8.58%
FCF(TTM)5.14
FCFY9.63%
OCF(TTM)5.23
OCFY9.79%
SpS8.97
BVpS38.66
TBVpS26.67
PEG (NY)0.38
PEG (5Y)N/A
Graham Number55.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 6.14% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 26.45% | ||
| GM | N/A | ||
| FCFM | 57.28% |
ROA(3y)0.95%
ROA(5y)0.97%
ROE(3y)8.98%
ROE(5y)8.75%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-10.05%
PM growth 5Y-8.21%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.43 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 27.79% | ||
| Cap/Sales | 0.96% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 216.55% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC13.23%
ROIC/WACCN/A
Cap/Depr(3y)27.31%
Cap/Depr(5y)53.43%
Cap/Sales(3y)1.07%
Cap/Sales(5y)2.06%
Profit Quality(3y)167.97%
Profit Quality(5y)139.01%
High Growth Momentum
Growth
EPS 1Y (TTM)29.67%
EPS 3Y-5.67%
EPS 5Y-2.23%
EPS Q2Q%44.29%
EPS Next Y39.8%
EPS Next 2Y28.54%
EPS Next 3Y21.45%
EPS Next 5YN/A
Revenue 1Y (TTM)-21.45%
Revenue growth 3Y3.05%
Revenue growth 5Y4.9%
Sales Q2Q%8.72%
Revenue Next Year17.88%
Revenue Next 2Y14.98%
Revenue Next 3Y11.93%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y60.86%
FCF growth 3Y9.95%
FCF growth 5Y29.26%
OCF growth 1Y57.83%
OCF growth 3Y7.96%
OCF growth 5Y27.83%
FIRST BANCORP/NC / FBNC FAQ
Can you provide the ChartMill fundamental rating for FIRST BANCORP/NC?
ChartMill assigns a fundamental rating of 4 / 10 to FBNC.
Can you provide the valuation status for FIRST BANCORP/NC?
ChartMill assigns a valuation rating of 5 / 10 to FIRST BANCORP/NC (FBNC). This can be considered as Fairly Valued.
What is the profitability of FBNC stock?
FIRST BANCORP/NC (FBNC) has a profitability rating of 3 / 10.
How financially healthy is FIRST BANCORP/NC?
The financial health rating of FIRST BANCORP/NC (FBNC) is 3 / 10.
Can you provide the expected EPS growth for FBNC stock?
The Earnings per Share (EPS) of FIRST BANCORP/NC (FBNC) is expected to grow by 39.8% in the next year.