FIRST COMMUNITY CORP (FCCO) Stock Fundamental Analysis
NASDAQ:FCCO - Nasdaq - US3198351047 - Common Stock - Currency: USD
Taking everything into account, FCCO scores 3 out of 10 in our fundamental rating. FCCO was compared to 402 industry peers in the Banks industry. FCCO has a bad profitability rating. Also its financial health evaluation is rather negative. FCCO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FCCO was profitable.
In the past year FCCO had a positive cash flow from operations.
FCCO had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: FCCO reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of FCCO (0.67%) is worse than 60.89% of its industry peers.
FCCO's Return On Equity of 9.09% is in line compared to the rest of the industry. FCCO outperforms 58.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | 9.09% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FCCO's Profit Margin of 20.41% is on the low side compared to the rest of the industry. FCCO is outperformed by 60.64% of its industry peers.
FCCO's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for FCCO so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 20.41% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.85%
PM growth 5Y-1.32%
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.
There is no outstanding debt for FCCO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
The Debt to FCF ratio of FCCO is 3.84, which is a good value as it means it would take FCCO, 3.84 years of fcf income to pay off all of its debts.
FCCO has a Debt to FCF ratio of 3.84. This is in the lower half of the industry: FCCO underperforms 60.40% of its industry peers.
FCCO has a Debt/Equity ratio of 0.60. This is a neutral value indicating FCCO is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.60, FCCO is not doing good in the industry: 77.97% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.84 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.99%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FCCO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.53%, which is quite good.
Measured over the past 5 years, FCCO shows a small growth in Earnings Per Share. The EPS has been growing by 4.68% on average per year.
Looking at the last year, FCCO shows a quite strong growth in Revenue. The Revenue has grown by 11.34% in the last year.
Measured over the past years, FCCO shows a small growth in Revenue. The Revenue has been growing by 6.33% on average per year.
EPS 1Y (TTM)17.53%
EPS 3Y-4.07%
EPS 5Y4.68%
EPS Q2Q%27.91%
Revenue 1Y (TTM)11.34%
Revenue growth 3Y3.73%
Revenue growth 5Y6.33%
Sales Q2Q%13.12%
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 19.48% on average per year.
The Revenue is expected to grow by 10.77% on average over the next years. This is quite good.
EPS Next Y22.85%
EPS Next 2Y19.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.45%
Revenue Next 2Y10.77%
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 accelerating.
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
Based on the Price/Earnings ratio of 12.82, the valuation of FCCO can be described as correct.
FCCO's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.35, FCCO is valued rather cheaply.
FCCO is valuated reasonably with a Price/Forward Earnings ratio of 10.44.
The rest of the industry has a similar Price/Forward Earnings ratio as FCCO.
FCCO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.82 | ||
| Fwd PE | 10.44 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FCCO is valued cheaper than 80.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.96 | ||
| 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.
FCCO's earnings are expected to grow with 19.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.56
PEG (5Y)2.74
EPS Next 2Y19.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FCCO has a Yearly Dividend Yield of 2.57%.
Compared to an average industry Dividend Yield of 3.37, FCCO is paying slightly less dividend.
FCCO's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
5.2 History
On average, the dividend of FCCO grows each year by 6.92%, which is quite nice.
FCCO has been paying a dividend for at least 10 years, so it has 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 Years3
Div Non Decr Years14
5.3 Sustainability
33.23% of the earnings are spent on dividend by FCCO. This is a low number and sustainable payout ratio.
FCCO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP33.23%
EPS Next 2Y19.48%
EPS Next 3YN/A
23.21
-0.17 (-0.73%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners58.48%
Inst Owner Change3.5%
Ins Owners3.44%
Ins Owner Change3.23%
Market Cap177.32M
Analysts86.67
Price Target29.92 (28.91%)
Short Float %1.78%
Short Ratio2.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
Yearly Dividend0.56
Dividend Growth(5Y)6.92%
DP33.23%
Div Incr Years3
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.43%
Min EPS beat(2)11.41%
Max EPS beat(2)15.45%
EPS beat(4)3
Avg EPS beat(4)9.65%
Min EPS beat(4)-1.96%
Max EPS beat(4)15.45%
EPS beat(8)5
Avg EPS beat(8)-0.3%
EPS beat(12)8
Avg EPS beat(12)0.78%
EPS beat(16)11
Avg EPS beat(16)4.47%
Revenue beat(2)1
Avg Revenue beat(2)2.44%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)4.9%
Revenue beat(4)2
Avg Revenue beat(4)1.37%
Min Revenue beat(4)-0.92%
Max Revenue beat(4)4.9%
Revenue beat(8)3
Avg Revenue beat(8)-1.33%
Revenue beat(12)4
Avg Revenue beat(12)-1.84%
Revenue beat(16)6
Avg Revenue beat(16)-1.24%
PT rev (1m)6.02%
PT rev (3m)10%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)3.97%
EPS NY rev (3m)6.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.82 | ||
| Fwd PE | 10.44 | ||
| P/S | 2.78 | ||
| P/FCF | 7.96 | ||
| P/OCF | 7.65 | ||
| P/B | 1.24 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.81
EY7.8%
EPS(NY)2.22
Fwd EY9.58%
FCF(TTM)2.92
FCFY12.57%
OCF(TTM)3.03
OCFY13.08%
SpS8.35
BVpS18.76
TBVpS16.78
PEG (NY)0.56
PEG (5Y)2.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | 9.09% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 20.41% | ||
| GM | N/A | ||
| FCFM | 34.93% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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-6.85%
PM growth 5Y-1.32%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.84 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 47.9% | ||
| Cap/Sales | 1.41% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 171.17% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC9.99%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.53%
EPS 3Y-4.07%
EPS 5Y4.68%
EPS Q2Q%27.91%
EPS Next Y22.85%
EPS Next 2Y19.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.34%
Revenue growth 3Y3.73%
Revenue growth 5Y6.33%
Sales Q2Q%13.12%
Revenue Next Year12.45%
Revenue Next 2Y10.77%
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 1Y241.29%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y186.97%
OCF growth 3YN/A
OCF growth 5YN/A