FIRST COMMUNITY CORP (FCCO)
US3198351047 - Common Stock
Taking everything into account, FCCO scores 3 out of 10 in our fundamental rating. FCCO was compared to 412 industry peers in the Banks industry. Both the profitability and financial health of FCCO have multiple concerns. FCCO has a correct valuation and a medium growth rate. Finally FCCO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FCCO had positive earnings in the past year.
In the past year FCCO had a positive cash flow from operations.
FCCO had positive earnings in each of the past 5 years.
Of the past 5 years FCCO 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.65%, FCCO is doing worse than 69.42% of the companies in the same industry.
With a Return On Equity value of 9.04%, FCCO perfoms like the industry average, outperforming 48.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.65% | ||
| ROE | 9.04% | ||
| ROIC | N/A |
ROA(3y)0.83%
ROA(5y)0.83%
ROE(3y)10.78%
ROE(5y)9.78%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FCCO (19.97%) is worse than 66.99% of its industry peers.
FCCO's Profit Margin has declined in the last couple of years.
FCCO 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) | 19.97% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.07%
PM growth 5Y-3.78%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FCCO does not have a ROIC to compare to the WACC, probably because it is not profitable.
FCCO has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, FCCO has about the same amount of shares outstanding.
FCCO has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of FCCO is 6.98, which is on the high side as it means it would take FCCO, 6.98 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.98, FCCO is not doing good in the industry: 74.51% of the companies in the same industry are doing better.
FCCO has a Debt/Equity ratio of 0.59. This is a neutral value indicating FCCO is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.59, FCCO is doing worse than 74.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.54%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FCCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.79%.
Measured over the past 5 years, FCCO shows a small growth in Earnings Per Share. The EPS has been growing by 1.07% on average per year.
The Revenue has decreased by -0.31% in the past year.
Measured over the past years, FCCO shows a small growth in Revenue. The Revenue has been growing by 5.04% on average per year.
EPS 1Y (TTM)-19.79%
EPS 3Y5.54%
EPS 5Y1.07%
EPS growth Q2Q-18.87%
Revenue 1Y (TTM)-0.31%
Revenue growth 3Y3.31%
Revenue growth 5Y5.04%
Revenue growth Q2Q-4.12%
3.2 Future
Based on estimates for the next years, FCCO will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.55% on average per year.
The Revenue is expected to grow by 7.22% on average over the next years.
EPS Next Y4.65%
EPS Next 2Y12.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.9%
Revenue Next 2Y7.22%
Revenue Next 3YN/A
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 10.94 indicates a reasonable valuation of FCCO.
The rest of the industry has a similar Price/Earnings ratio as FCCO.
FCCO is valuated cheaply when we compare the Price/Earnings ratio to 24.84, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.46 indicates a reasonable valuation of FCCO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FCCO is on the same level as its industry peers.
FCCO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.94 | ||
| Fwd PE | 10.46 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FCCO is valued a bit more expensive than the industry average as 64.56% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.53 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
FCCO's earnings are expected to grow with 12.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.35
PEG (5Y)10.2
EPS Next 2Y12.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.41%, FCCO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.83, FCCO has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, FCCO pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
5.2 History
The dividend of FCCO is nicely growing with an annual growth rate of 6.92%!
FCCO has paid a dividend for at least 10 years, which is a reliable track record.
FCCO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.92%
Div Incr Years2
Div Non Decr Years13
5.3 Sustainability
FCCO pays out 35.75% of its income as dividend. This is a sustainable payout ratio.
FCCO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP35.75%
EPS Next 2Y12.55%
EPS Next 3YN/A
FIRST COMMUNITY CORP
NASDAQ:FCCO (4/29/2024, 10:57:02 AM)
16.85
+0.08 (+0.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap128.57M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.94 | ||
| Fwd PE | 10.46 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.35
PEG (5Y)10.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.65% | ||
| ROE | 9.04% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 19.97% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-19.79%
EPS 3Y5.54%
EPS 5Y
EPS growth Q2Q
EPS Next Y4.65%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.31%
Revenue growth 3Y3.31%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y