FIRST COMMUNITY BANKSHARES (FCBC) Stock Fundamental Analysis
NASDAQ:FCBC - Nasdaq - US31983A1034 - Common Stock - Currency: USD
Overall FCBC gets a fundamental rating of 4 out of 10. We evaluated FCBC against 397 industry peers in the Banks industry. FCBC has an average financial health and profitability rating. FCBC has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year FCBC was profitable.
In the past year FCBC had a positive cash flow from operations.
FCBC had positive earnings in each of the past 5 years.
FCBC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FCBC's Return On Assets of 1.58% is amongst the best of the industry. FCBC outperforms 92.70% of its industry peers.
The Return On Equity of FCBC (9.80%) is better than 63.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.58% | ||
| ROE | 9.8% | ||
| ROIC | N/A |
ROA(3y)1.51%
ROA(5y)1.47%
ROE(3y)10.14%
ROE(5y)10.16%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FCBC's Profit Margin of 31.11% is amongst the best of the industry. FCBC outperforms 84.13% of its industry peers.
FCBC's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for FCBC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 31.11% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.97%
PM growth 5Y-1.4%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FCBC does not have a ROIC to compare to the WACC, probably because it is not profitable.
FCBC has less shares outstanding than it did 1 year ago.
FCBC has less shares outstanding than it did 5 years ago.
FCBC has a better debt/assets ratio than last year.
2.2 Solvency
FCBC has a debt to FCF ratio of 0.02. This is a very positive value and a sign of high solvency as it would only need 0.02 years to pay back of all of its debts.
FCBC's Debt to FCF ratio of 0.02 is amongst the best of the industry. FCBC outperforms 90.18% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that FCBC is not too dependend on debt financing.
The Debt to Equity ratio of FCBC (0.00) is better than 88.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.02 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.09%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FCBC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.41%.
Measured over the past 5 years, FCBC shows a small growth in Earnings Per Share. The EPS has been growing by 2.62% on average per year.
The Revenue has been growing slightly by 0.44% in the past year.
Measured over the past years, FCBC shows a small growth in Revenue. The Revenue has been growing by 7.38% on average per year.
EPS 1Y (TTM)4.41%
EPS 3Y-1.03%
EPS 5Y2.62%
EPS Q2Q%7.58%
Revenue 1Y (TTM)0.44%
Revenue growth 3Y6.63%
Revenue growth 5Y7.38%
Sales Q2Q%3.42%
3.2 Future
Based on estimates for the next years, FCBC will show a decrease in Earnings Per Share. The EPS will decrease by -3.37% on average per year.
FCBC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.28% yearly.
EPS Next Y-9.85%
EPS Next 2Y-3.37%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.28%
Revenue Next 2Y0.28%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.58, the valuation of FCBC can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of FCBC indicates a slightly more expensive valuation: FCBC is more expensive than 60.96% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.10. FCBC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 15.06, FCBC is valued correctly.
72.29% of the companies in the same industry are cheaper than FCBC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.74, FCBC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.58 | ||
| Fwd PE | 15.06 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FCBC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.87 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as FCBC's earnings are expected to decrease with -3.37% in the coming years.
PEG (NY)N/A
PEG (5Y)5.18
EPS Next 2Y-3.37%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FCBC has a Yearly Dividend Yield of 3.20%.
Compared to an average industry Dividend Yield of 3.49, FCBC has a dividend in line with its industry peers.
FCBC's Dividend Yield is a higher than the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.2% |
5.2 History
On average, the dividend of FCBC grows each year by 6.43%, which is quite nice.
FCBC has paid a dividend for at least 10 years, which is a reliable track record.
FCBC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.43%
Div Incr Years13
Div Non Decr Years15
5.3 Sustainability
FCBC pays out 42.67% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.67%
EPS Next 2Y-3.37%
EPS Next 3YN/A
38.555
-0.23 (-0.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners36.84%
Inst Owner Change-0.59%
Ins Owners2.02%
Ins Owner Change0.1%
Market Cap706.71M
Analysts43.33
Price Target41.82 (8.47%)
Short Float %1.1%
Short Ratio4.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.2% |
Yearly Dividend1.2
Dividend Growth(5Y)6.43%
DP42.67%
Div Incr Years13
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.45%
Min EPS beat(2)-0.56%
Max EPS beat(2)5.47%
EPS beat(4)3
Avg EPS beat(4)9.72%
Min EPS beat(4)-0.56%
Max EPS beat(4)17.98%
EPS beat(8)5
Avg EPS beat(8)4.47%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.97%
Min Revenue beat(2)-0.19%
Max Revenue beat(2)2.13%
Revenue beat(4)2
Avg Revenue beat(4)0.2%
Min Revenue beat(4)-2.07%
Max Revenue beat(4)2.13%
Revenue beat(8)3
Avg Revenue beat(8)-1.21%
Revenue beat(12)7
Avg Revenue beat(12)-0.14%
Revenue beat(16)8
Avg Revenue beat(16)-0.39%
PT rev (1m)-10.87%
PT rev (3m)-16.33%
EPS NQ rev (1m)-1.54%
EPS NQ rev (3m)0%
EPS NY rev (1m)-2.33%
EPS NY rev (3m)-2.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.58 | ||
| Fwd PE | 15.06 | ||
| P/S | 4.26 | ||
| P/FCF | 12.87 | ||
| P/OCF | 12.24 | ||
| P/B | 1.34 | ||
| P/tB | 1.91 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.84
EY7.37%
EPS(NY)2.56
Fwd EY6.64%
FCF(TTM)3
FCFY7.77%
OCF(TTM)3.15
OCFY8.17%
SpS9.05
BVpS28.72
TBVpS20.15
PEG (NY)N/A
PEG (5Y)5.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.58% | ||
| ROE | 9.8% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 31.11% | ||
| GM | N/A | ||
| FCFM | 33.12% |
ROA(3y)1.51%
ROA(5y)1.47%
ROE(3y)10.14%
ROE(5y)10.16%
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 3Y-5.97%
PM growth 5Y-1.4%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.02 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 43.32% | ||
| Cap/Sales | 1.69% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 106.45% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC11.09%
ROIC/WACCN/A
Cap/Depr(3y)37.59%
Cap/Depr(5y)43.65%
Cap/Sales(3y)1.38%
Cap/Sales(5y)1.74%
Profit Quality(3y)117.78%
Profit Quality(5y)112.07%
High Growth Momentum
Growth
EPS 1Y (TTM)4.41%
EPS 3Y-1.03%
EPS 5Y2.62%
EPS Q2Q%7.58%
EPS Next Y-9.85%
EPS Next 2Y-3.37%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.44%
Revenue growth 3Y6.63%
Revenue growth 5Y7.38%
Sales Q2Q%3.42%
Revenue Next Year-1.28%
Revenue Next 2Y0.28%
Revenue Next 3YN/A
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 1Y-6.99%
FCF growth 3Y6.73%
FCF growth 5Y2.63%
OCF growth 1Y-6.61%
OCF growth 3Y6.19%
OCF growth 5Y0.38%