FIRST COMMONWEALTH FINL CORP (FCF)

US3198291078 - Common Stock

13.92  +0.12 (+0.87%)

After market: 13.92 0 (0%)

Fundamental Rating

3

Overall FCF gets a fundamental rating of 3 out of 10. We evaluated FCF against 415 industry peers in the Banks industry. There are concerns on the financial health of FCF while its profitability can be described as average. FCF is valued correctly, but it does not seem to be growing. Finally FCF also has an excellent dividend rating.



4

1. Profitability

1.1 Basic Checks

In the past year FCF was profitable.
In the past year FCF had a positive cash flow from operations.
FCF had positive earnings in each of the past 5 years.
In the past 5 years FCF always reported a positive cash flow from operatings.

1.2 Ratios

Looking at the Return On Assets, with a value of 1.37%, FCF belongs to the top of the industry, outperforming 84.10% of the companies in the same industry.
FCF's Return On Equity of 11.95% is fine compared to the rest of the industry. FCF outperforms 74.46% of its industry peers.
Industry RankSector Rank
ROA 1.37%
ROE 11.95%
ROIC N/A
ROA(3y)1.38%
ROA(5y)1.24%
ROE(3y)12.2%
ROE(5y)10.69%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

Looking at the Profit Margin, with a value of 32.57%, FCF belongs to the top of the industry, outperforming 84.10% of the companies in the same industry.
In the last couple of years the Profit Margin of FCF has remained more or less at the same level.
FCF does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 32.57%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y17.2%
PM growth 5Y0.64%
GM growth 3YN/A
GM growth 5YN/A

1

2. Health

2.1 Basic Checks

FCF does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FCF has been increased compared to 1 year ago.
FCF has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FCF has been reduced compared to a year ago.

2.2 Solvency

The Debt to FCF ratio of FCF is 6.06, which is on the high side as it means it would take FCF, 6.06 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.06, FCF is doing worse than 70.84% of the companies in the same industry.
FCF has a Debt/Equity ratio of 0.59. This is a neutral value indicating FCF is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.59, FCF is doing worse than 74.22% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.59
Debt/FCF 6.06
Altman-Z N/A
ROIC/WACCN/A
WACC12.25%

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

3

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 12.41% over the past year.
FCF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.16% yearly.
FCF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.36%.
The Revenue has been growing slightly by 7.19% on average over the past years.
EPS 1Y (TTM)12.41%
EPS 3Y24.4%
EPS 5Y7.16%
EPS growth Q2Q15.79%
Revenue 1Y (TTM)17.36%
Revenue growth 3Y9.95%
Revenue growth 5Y7.19%
Revenue growth Q2Q6.85%

3.2 Future

FCF is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.44% yearly.
FCF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.26% yearly.
EPS Next Y-5.74%
EPS Next 2Y-2.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.39%
Revenue Next 2Y1.26%
Revenue Next 3YN/A
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 decreasing.
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

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 9.04 indicates a reasonable valuation of FCF.
Based on the Price/Earnings ratio, FCF is valued a bit cheaper than the industry average as 61.69% of the companies are valued more expensively.
FCF's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.48.
The Price/Forward Earnings ratio is 9.59, which indicates a very decent valuation of FCF.
Based on the Price/Forward Earnings ratio, FCF is valued a bit cheaper than the industry average as 67.95% of the companies are valued more expensively.
FCF is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.79, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.04
Fwd PE 9.59

4.2 Price Multiples

60.48% of the companies in the same industry are cheaper than FCF, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 11.06
EV/EBITDA N/A

4.3 Compensation for Growth

FCF's earnings are expected to decrease with -2.44% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.26
EPS Next 2Y-2.44%
EPS Next 3YN/A

7

5. Dividend

5.1 Amount

FCF has a Yearly Dividend Yield of 3.65%.
FCF's Dividend Yield is comparable with the industry average which is at 3.70.
Compared to an average S&P500 Dividend Yield of 2.34, FCF pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.65%

5.2 History

On average, the dividend of FCF grows each year by 7.92%, which is quite nice.
FCF has been paying a dividend for at least 10 years, so it has a reliable track record.
FCF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.92%
Div Incr Years7
Div Non Decr Years13

5.3 Sustainability

32.35% of the earnings are spent on dividend by FCF. This is a low number and sustainable payout ratio.
DP32.35%
EPS Next 2Y-2.44%
EPS Next 3YN/A

FIRST COMMONWEALTH FINL CORP

NYSE:FCF (3/28/2024, 8:08:39 PM)

After market: 13.92 0 (0%)

13.92

+0.12 (+0.87%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.42B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 3.65%
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 RankSector Rank
PE 9.04
Fwd PE 9.59
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)N/A
PEG (5Y)1.26
Profitability
Industry RankSector Rank
ROA 1.37%
ROE 11.95%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) 32.57%
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 Turnover0.04
Health
Industry RankSector 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)12.41%
EPS 3Y24.4%
EPS 5Y
EPS growth Q2Q
EPS Next Y-5.74%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)17.36%
Revenue growth 3Y9.95%
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