First Enterprise Value Multiple from 2010 to 2024
| FCCO Stock | USD 26.01 0.33 1.29% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 10.41597122 | Current Value 11.42 | Quarterly Volatility 3.87713594 |
Check First Community financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Community's main balance sheet or income statement drivers, such as Depreciation And Amortization of 150.1 K, Interest Expense of 25 M or Selling General Administrative of 30.7 M, as well as many indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.021 or PTB Ratio of 1.19. First financial statements analysis is a perfect complement when working with First Community Valuation or Volatility modules.
First | Enterprise Value Multiple |
Latest First Community's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of First Community over the last few years. It is First Community's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Community's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
|
Enterprise Value Multiple |
| Timeline |
First Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 10.68 | |
| Geometric Mean | 9.92 | |
| Coefficient Of Variation | 36.30 | |
| Mean Deviation | 3.12 | |
| Median | 11.33 | |
| Standard Deviation | 3.88 | |
| Sample Variance | 15.03 | |
| Range | 11.3297 | |
| R-Value | (0.36) | |
| Mean Square Error | 14.09 | |
| R-Squared | 0.13 | |
| Significance | 0.19 | |
| Slope | (0.31) | |
| Total Sum of Squares | 210.45 |
First Enterprise Value Multiple History
About First Community Financial Statements
First Community investors utilize fundamental indicators, such as Enterprise Value Multiple, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 10.42 | 11.42 |
Pair Trading with First Community
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Community position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Community will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.9 | AX | Axos Financial | PairCorr |
| 0.89 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.61 | KB | KB Financial Group | PairCorr |
Moving against First Stock
| 0.65 | CFG-PE | Citizens Financial | PairCorr |
| 0.6 | TFC-PO | Truist Financial | PairCorr |
| 0.59 | TFC-PR | Truist Financial | PairCorr |
| 0.38 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to First Community could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Community when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Community - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Community to buy it.
The correlation of First Community is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Community moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Community can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of First Community Correlation against competitors. To learn how to invest in First Stock, please use our How to Invest in First Community guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Community. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Community listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.174 | Dividend Share 0.58 | Earnings Share 1.69 | Revenue Per Share 8.25 | Quarterly Revenue Growth 0.26 |
The market value of First Community is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Community's value that differs from its market value or its book value, called intrinsic value, which is First Community's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Community's market value can be influenced by many factors that don't directly affect First Community's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Community's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.