FIRST COMMONWEALTH FINL CORP (FCF)
US3198291078 - Common Stock
FCF gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 405 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.
1. Profitability
1.1 Basic Checks
FCF had positive earnings in the past year.
FCF had a positive operating cash flow in the past year.
In the past 5 years FCF has always been profitable.
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 1.26%, FCF belongs to the top of the industry, outperforming 83.67% of the companies in the same industry.
FCF has a Return On Equity of 10.75%. This is in the better half of the industry: FCF outperforms 78.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 10.75% | ||
| 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
FCF has a better Profit Margin (31.72%) than 86.68% of its industry peers.
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) | 31.72% | ||
| 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
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.
The number of shares outstanding for FCF has been increased compared to 5 years ago.
Compared to 1 year ago, FCF has an improved debt to assets ratio.
2.2 Solvency
FCF has a debt to FCF ratio of 4.63. This is a neutral value as FCF would need 4.63 years to pay back of all of its debts.
FCF has a Debt to FCF ratio of 4.63. This is in the lower half of the industry: FCF underperforms 62.81% of its industry peers.
FCF has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.47, FCF is not doing good in the industry: 75.63% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.63 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.48%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FCF shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
The Earnings Per Share has been growing slightly by 7.16% on average over the past years.
The Revenue has been growing slightly by 0.66% in the past year.
FCF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.19% yearly.
EPS 1Y (TTM)0%
EPS 3Y24.4%
EPS 5Y7.16%
EPS Q2Q%-18.42%
Revenue 1Y (TTM)0.66%
Revenue growth 3Y9.95%
Revenue growth 5Y7.19%
Sales Q2Q%-1.12%
3.2 Future
FCF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.69% yearly.
The Revenue is expected to grow by 2.25% on average over the next years.
EPS Next Y-8.53%
EPS Next 2Y-3.4%
EPS Next 3Y0.69%
EPS Next 5YN/A
Revenue Next Year-1.79%
Revenue Next 2Y0.36%
Revenue Next 3Y2.25%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.44 indicates a reasonable valuation of FCF.
FCF's Price/Earnings ratio is a bit cheaper when compared to the industry. FCF is cheaper than 71.86% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.28, FCF is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 11.78, the valuation of FCF can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as FCF.
FCF is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.53, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.44 | ||
| Fwd PE | 11.78 |
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 | 11.87 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.6
EPS Next 2Y-3.4%
EPS Next 3Y0.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.17%, FCF has a reasonable but not impressive dividend return.
FCF's Dividend Yield is comparable with the industry average which is at 3.29.
FCF's Dividend Yield is a higher than the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
5.2 History
On average, the dividend of FCF grows each year by 7.92%, which is quite nice.
FCF has paid a dividend for at least 10 years, which is 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 Years8
Div Non Decr Years14
5.3 Sustainability
FCF pays out 34.40% of its income as dividend. This is a sustainable payout ratio.
FCF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP34.4%
EPS Next 2Y-3.4%
EPS Next 3Y0.69%
FIRST COMMONWEALTH FINL CORP
NYSE:FCF (1/15/2025, 9:48:02 AM)
16.93
+0.28 (+1.68%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners75.13%
Inst Owner Change0.01%
Ins Owners2.07%
Ins Owner Change0.45%
Market Cap1.72B
Analysts74.55
Price Target20.32 (20.02%)
Short Float %1.23%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
Dividend Growth(5Y)7.92%
DP34.4%
Div Incr Years8
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.23%
Min EPS beat(2)-13.71%
Max EPS beat(2)1.26%
EPS beat(4)3
Avg EPS beat(4)0.14%
Min EPS beat(4)-13.71%
Max EPS beat(4)11.3%
EPS beat(8)4
Avg EPS beat(8)-5.24%
EPS beat(12)5
Avg EPS beat(12)-3.29%
EPS beat(16)8
Avg EPS beat(16)1.12%
Revenue beat(2)1
Avg Revenue beat(2)0.09%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)0.53%
Revenue beat(4)1
Avg Revenue beat(4)-1.91%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)0.53%
Revenue beat(8)1
Avg Revenue beat(8)-2.41%
Revenue beat(12)2
Avg Revenue beat(12)-1.89%
Revenue beat(16)4
Avg Revenue beat(16)-1.27%
PT rev (1m)4.82%
PT rev (3m)5.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.92%
EPS NY rev (1m)-0.17%
EPS NY rev (3m)-3.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.25%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.44 | ||
| Fwd PE | 11.78 | ||
| P/S | 3.61 | ||
| P/FCF | 11.87 | ||
| P/OCF | 10.77 | ||
| P/B | 1.22 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.48
EY8.74%
EPS(NY)1.44
Fwd EY8.49%
FCF(TTM)1.43
FCFY8.43%
OCF(TTM)1.57
OCFY9.28%
SpS4.69
BVpS13.85
TBVpS10.08
PEG (NY)N/A
PEG (5Y)1.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 10.75% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 31.72% | ||
| GM | N/A | ||
| FCFM | 30.39% |
ROA(3y)1.38%
ROA(5y)1.24%
ROE(3y)12.2%
ROE(5y)10.69%
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 3Y17.2%
PM growth 5Y0.64%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.63 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 301.61% | ||
| Cap/Sales | 3.09% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 95.8% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC11.48%
ROIC/WACCN/A
Cap/Depr(3y)245.36%
Cap/Depr(5y)193.67%
Cap/Sales(3y)3.35%
Cap/Sales(5y)3.41%
Profit Quality(3y)100.99%
Profit Quality(5y)104.46%
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y24.4%
EPS 5Y7.16%
EPS Q2Q%-18.42%
EPS Next Y-8.53%
EPS Next 2Y-3.4%
EPS Next 3Y0.69%
EPS Next 5YN/A
Revenue 1Y (TTM)0.66%
Revenue growth 3Y9.95%
Revenue growth 5Y7.19%
Sales Q2Q%-1.12%
Revenue Next Year-1.79%
Revenue Next 2Y0.36%
Revenue Next 3Y2.25%
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 1Y2.43%
FCF growth 3Y9.48%
FCF growth 5Y0.48%
OCF growth 1Y3.69%
OCF growth 3Y12.56%
OCF growth 5Y2.19%