50.98 USD
-0.63 (-1.22%)
50.98 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FBNC was profitable.
In the past year FBNC had a positive cash flow from operations.
FBNC had positive earnings in each of the past 5 years.
FBNC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FBNC has a worse Return On Assets (0.77%) than 60.98% of its industry peers.
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
FBNC has a better Profit Margin (26.45%) than 63.57% of its industry peers.
In the last couple of years the Profit Margin of FBNC has declined.
FBNC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
FBNC has more shares outstanding than it did 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 has a better Debt to FCF ratio (0.43) than 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.
The Debt to Equity ratio of FBNC (0.06) is better than 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
WACC13.41%
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.
Measured over the past years, FBNC shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.23% on average per year.
The Revenue for FBNC has decreased by -21.45% in the past year. This is quite bad
FBNC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
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
The Earnings Per Share is expected to grow by 21.45% on average over the next years. This is a very strong growth
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
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.40, which indicates a correct valuation of FBNC.
Based on the Price/Earnings ratio, FBNC is valued a bit more expensive than 64.34% of the companies in the same industry.
FBNC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.49.
The Price/Forward Earnings ratio is 11.14, which indicates a very decent valuation of FBNC.
FBNC's Price/Forward Earnings ratio is in line with the industry average.
FBNC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.4 | ||
| Fwd PE | 11.14 |
4.2 Price Multiples
FBNC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FBNC is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.92 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FBNC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FBNC's earnings are expected to grow with 21.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y28.54%
EPS Next 3Y21.45%
5. Dividend
5.1 Amount
FBNC has a Yearly Dividend Yield of 1.78%. Purely for dividend investing, there may be better candidates out there.
FBNC's Dividend Yield is slightly below the industry average, which is at 3.11.
Compared to the average S&P500 Dividend Yield of 2.31, FBNC is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
5.2 History
On average, the dividend of FBNC grows each year by 14.00%, which is quite nice.
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
37.43% of the earnings are spent on dividend by FBNC. This is a low number and 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%
50.98
-0.63 (-1.22%)
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 Cap2.11B
Revenue(TTM)372.08M
Net Income(TTM)98.42M
Analysts80
Price Target59.93 (17.56%)
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 | 14.4 | ||
| Fwd PE | 11.14 | ||
| P/S | 5.68 | ||
| P/FCF | 9.92 | ||
| P/OCF | 9.76 | ||
| P/B | 1.32 | ||
| P/tB | 1.91 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.54
EY6.94%
EPS(NY)4.58
Fwd EY8.98%
FCF(TTM)5.14
FCFY10.08%
OCF(TTM)5.23
OCFY10.25%
SpS8.97
BVpS38.66
TBVpS26.67
PEG (NY)0.36
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
WACC13.41%
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.