FIRST COMMONWEALTH FINL CORP (FCF) Stock Fundamental Analysis
NYSE:FCF - US3198291078 - Common Stock
17.75 USD
-0.06 (-0.34%)
17.75 USD
0 (0%)
Overall FCF gets a fundamental rating of 4 out of 10. We evaluated FCF against 395 industry peers in the Banks industry. FCF has a medium profitability rating, but doesn't score so well on its financial health evaluation. FCF has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FCF had positive earnings in the past year.
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
FCF has a Return On Assets of 1.10%. This is in the better half of the industry: FCF outperforms 73.48% of its industry peers.
The Return On Equity of FCF (8.83%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 8.83% | ||
| ROIC | N/A |
ROA(3y)1.3%
ROA(5y)1.23%
ROE(3y)11.43%
ROE(5y)10.72%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 27.32%, FCF is in the better half of the industry, outperforming 71.21% of the companies in the same industry.
FCF's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for FCF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.32% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.99%
PM growth 5Y0.13%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FCF does not have a ROIC to compare to the WACC, probably because it is not profitable.
FCF has less shares outstanding than it did 1 year ago.
FCF has more shares outstanding than it did 5 years ago.
FCF has a better debt/assets ratio than last year.
2.2 Solvency
FCF has a debt to FCF ratio of 2.64. This is a good value and a sign of high solvency as FCF would need 2.64 years to pay back of all of its debts.
FCF has a Debt to FCF ratio (2.64) which is in line with its industry peers.
FCF has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.23, FCF is doing worse than 62.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.64 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.06%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FCF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.13%.
FCF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.79% yearly.
Looking at the last year, FCF shows a small growth in Revenue. The Revenue has grown by 2.41% in the last year.
The Revenue has been growing slightly by 6.11% on average over the past years.
EPS 1Y (TTM)-16.13%
EPS 3Y-1.4%
EPS 5Y4.79%
EPS Q2Q%-11.11%
Revenue 1Y (TTM)2.41%
Revenue growth 3Y7.46%
Revenue growth 5Y6.11%
Sales Q2Q%9.89%
3.2 Future
The Earnings Per Share is expected to grow by 13.39% on average over the next years. This is quite good.
Based on estimates for the next years, FCF will show a quite strong growth in Revenue. The Revenue will grow by 8.97% on average per year.
EPS Next Y7.1%
EPS Next 2Y13.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.43%
Revenue Next 2Y8.97%
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
Based on the Price/Earnings ratio of 13.65, the valuation of FCF can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as FCF.
When comparing the Price/Earnings ratio of FCF to the average of the S&P500 Index (27.08), we can say FCF is valued slightly cheaper.
The Price/Forward Earnings ratio is 9.93, which indicates a very decent valuation of FCF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FCF is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.72, FCF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.65 | ||
| Fwd PE | 9.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FCF is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.66 | ||
| 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.
A more expensive valuation may be justified as FCF's earnings are expected to grow with 13.39% in the coming years.
PEG (NY)1.92
PEG (5Y)2.85
EPS Next 2Y13.39%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.03%, FCF has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.20, FCF has a dividend in line with its industry peers.
FCF's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
5.2 History
The dividend of FCF has a limited annual growth rate of 5.20%.
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)5.2%
Div Incr Years8
Div Non Decr Years14
5.3 Sustainability
40.24% of the earnings are spent on dividend by FCF. This is a bit on the high side, but may be sustainable.
FCF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP40.24%
EPS Next 2Y13.39%
EPS Next 3YN/A
17.75
-0.06 (-0.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners75.94%
Inst Owner Change4.2%
Ins Owners1.94%
Ins Owner Change0.57%
Market Cap1.86B
Analysts76
Price Target19.58 (10.31%)
Short Float %2.23%
Short Ratio3.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
Yearly Dividend0.52
Dividend Growth(5Y)5.2%
DP40.24%
Div Incr Years8
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.43%
Min EPS beat(2)-5.42%
Max EPS beat(2)-1.43%
EPS beat(4)0
Avg EPS beat(4)-5.49%
Min EPS beat(4)-13.71%
Max EPS beat(4)-1.39%
EPS beat(8)3
Avg EPS beat(8)-1.7%
EPS beat(12)4
Avg EPS beat(12)-4.49%
EPS beat(16)6
Avg EPS beat(16)-2.25%
Revenue beat(2)1
Avg Revenue beat(2)1.24%
Min Revenue beat(2)-0.54%
Max Revenue beat(2)3.03%
Revenue beat(4)2
Avg Revenue beat(4)0.66%
Min Revenue beat(4)-0.54%
Max Revenue beat(4)3.03%
Revenue beat(8)2
Avg Revenue beat(8)-0.94%
Revenue beat(12)3
Avg Revenue beat(12)-1.29%
Revenue beat(16)4
Avg Revenue beat(16)-1.13%
PT rev (1m)4.35%
PT rev (3m)6.67%
EPS NQ rev (1m)7.36%
EPS NQ rev (3m)13.91%
EPS NY rev (1m)2.84%
EPS NY rev (3m)3.39%
Revenue NQ rev (1m)1.86%
Revenue NQ rev (3m)5.78%
Revenue NY rev (1m)2.72%
Revenue NY rev (3m)3.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.65 | ||
| Fwd PE | 9.93 | ||
| P/S | 3.78 | ||
| P/FCF | 13.66 | ||
| P/OCF | 12.1 | ||
| P/B | 1.22 | ||
| P/tB | 1.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.3
EY7.32%
EPS(NY)1.79
Fwd EY10.07%
FCF(TTM)1.3
FCFY7.32%
OCF(TTM)1.47
OCFY8.27%
SpS4.69
BVpS14.52
TBVpS10.67
PEG (NY)1.92
PEG (5Y)2.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 8.83% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.32% | ||
| GM | N/A | ||
| FCFM | 27.69% |
ROA(3y)1.3%
ROA(5y)1.23%
ROE(3y)11.43%
ROE(5y)10.72%
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-5.99%
PM growth 5Y0.13%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.64 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 274.22% | ||
| Cap/Sales | 3.58% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 101.37% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC14.06%
ROIC/WACCN/A
Cap/Depr(3y)305.47%
Cap/Depr(5y)214.87%
Cap/Sales(3y)3.52%
Cap/Sales(5y)3.08%
Profit Quality(3y)90.41%
Profit Quality(5y)103.31%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.13%
EPS 3Y-1.4%
EPS 5Y4.79%
EPS Q2Q%-11.11%
EPS Next Y7.1%
EPS Next 2Y13.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.41%
Revenue growth 3Y7.46%
Revenue growth 5Y6.11%
Sales Q2Q%9.89%
Revenue Next Year9.43%
Revenue Next 2Y8.97%
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-15.25%
FCF growth 3Y-9.64%
FCF growth 5Y4.78%
OCF growth 1Y-13.51%
OCF growth 3Y-7.77%
OCF growth 5Y3.77%