PRIMIS FINANCIAL CORP (FRST)
US74167B1098 - Common Stock
FRST gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 412 industry peers in the Banks industry. FRST has a bad profitability rating. Also its financial health evaluation is rather negative. FRST is not valued too expensively and it also shows a decent growth rate. FRST also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FRST had positive earnings in the past year.
In the past year FRST has reported a negative cash flow from operations.
Each year in the past 5 years FRST has been profitable.
Of the past 5 years FRST 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.14%, FRST is not doing good in the industry: 91.99% of the companies in the same industry are doing better.
FRST has a worse Return On Equity (1.38%) than 91.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.14% | ||
| ROE | 1.38% | ||
| ROIC | N/A |
ROA(3y)0.56%
ROA(5y)0.73%
ROE(3y)4.82%
ROE(5y)5.85%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FRST's Profit Margin of 3.47% is on the low side compared to the rest of the industry. FRST is outperformed by 94.66% of its industry peers.
FRST's Profit Margin has declined in the last couple of years.
FRST 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) | 3.47% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-32.95%
PM growth 5Y-27.62%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FRST does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, FRST has about the same amount of shares outstanding.
FRST has more shares outstanding than it did 5 years ago.
FRST has a worse debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 0.26 indicates that FRST is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.26, FRST perfoms like the industry average, outperforming 45.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.59%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for FRST have decreased strongly by -33.33% in the last year.
Measured over the past years, FRST shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.53% on average per year.
The Revenue has grown by 35.00% in the past year. This is a very strong growth!
Measured over the past years, FRST shows a quite strong growth in Revenue. The Revenue has been growing by 8.23% on average per year.
EPS 1Y (TTM)-33.33%
EPS 3Y0%
EPS 5Y-7.53%
EPS growth Q2Q52.38%
Revenue 1Y (TTM)35%
Revenue growth 3Y12.28%
Revenue growth 5Y8.23%
Revenue growth Q2Q12.2%
3.2 Future
Based on estimates for the next years, FRST will show a very strong growth in Earnings Per Share. The EPS will grow by 39.37% on average per year.
Based on estimates for the next years, FRST will show a quite strong growth in Revenue. The Revenue will grow by 10.79% on average per year.
EPS Next Y70.36%
EPS Next 2Y39.37%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.86%
Revenue Next 2Y10.79%
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.
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
A Price/Earnings ratio of 16.63 indicates a correct valuation of FRST.
Based on the Price/Earnings ratio, FRST is valued more expensive than 80.83% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.06. FRST is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 6.44, the valuation of FRST can be described as very cheap.
93.93% of the companies in the same industry are more expensive than FRST, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.72, FRST is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.63 | ||
| Fwd PE | 6.44 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FRST's earnings are expected to grow with 39.37% in the coming years.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y39.37%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.12%, FRST is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.84, FRST pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, FRST pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
5.2 History
The dividend of FRST has a limited annual growth rate of 4.52%.
FRST has paid a dividend for at least 10 years, which is a reliable track record.
As FRST did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)4.52%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
186.93% of the earnings are spent on dividend by FRST. This is not a sustainable payout ratio.
The dividend of FRST is growing, but earnings are growing more, so the dividend growth is sustainable.
DP186.93%
EPS Next 2Y39.37%
EPS Next 3YN/A
PRIMIS FINANCIAL CORP
NASDAQ:FRST (5/2/2024, 3:01:45 PM)
After market: 10.31 0 (0%)10.31
+0.33 (+3.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap254.45M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
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)
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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)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
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 | 16.63 | ||
| Fwd PE | 6.44 | ||
| 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)0.24
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.14% | ||
| ROE | 1.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 3.47% | ||
| 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| 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)-33.33%
EPS 3Y0%
EPS 5Y
EPS growth Q2Q
EPS Next Y70.36%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)35%
Revenue growth 3Y12.28%
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