First Stock Valuation

FNLC
 Stock
  

USD 30.18  0.13  0.43%   

Do you wonder what the value of First Bancorp is? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as First Bancorp, is its stock price multiplied by the total number of shares outstanding, calculating First Bancorp's enterprise value requires a different approach. It uses First Bancorp's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
The current year Enterprise Value is expected to grow to about 514.4 M, whereas Free Cash Flow is forecasted to decline to about 42.8 M.
First Bancorp shows a prevailing Real Value of $30.05 per share. The current price of the firm is $30.18. At this time, the firm appears to be fairly valued. Our model computes the value of First Bancorp from reviewing the firm fundamentals such as Profit Margin of 42.19 %, current valuation of 424.12 M, and Shares Outstanding of 11.03 M as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise taking in undervalued instruments and trading overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
  
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First Bancorp Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as First Bancorp's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.

First Most Recent Valuation Data

Price Book
1.4
Enterprise Value
488.4 M
Price Sales
3.81
Trailing PE
8.99
Fairly Valued
Today 30.18
Please note that First Bancorp's price fluctuation is very steady at this time. Calculation of the real value of First Bancorp is based on 3 months time horizon. Increasing First Bancorp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for First Bancorp is useful when determining the fair value of the First stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of First Bancorp. Since First Bancorp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Stock. However, First Bancorp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
30.05
Real Value
31.62
Upside
Estimating the potential upside or downside of First Bancorp helps investors to forecast how First stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of First Bancorp more accurately as focusing exclusively on First Bancorp's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.9129.5131.12
Details
Hype
Prediction
LowEstimated ValueHigh
28.5830.1531.72
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.510.520.54
Details
Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use First Bancorp's intrinsic value based on its ongoing forecasts of First Bancorp's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against First Bancorp's closest peers. When choosing an evaluation method for First Bancorp, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.

First Bancorp Investments

2.19 Billion

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First Valuation Drivers Correlation

Many accounts on the financial statements of First Bancorp are highly interrelated and sometimes correlated. Consequently, when conducting First's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of First
Click cells to compare fundamentals

First Valuation Trend

Knowing First Bancorp's actual value is paramount for traders to make sound investment determinations. First Bancorp's real value is not only important for the investor to make better decisions but also for a more accurate overall view of First Bancorp's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both First Bancorp's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.

First Market Cap

First Bancorp is one of the top stocks in market capitalization category among related companies. Market capitalization of Banks—Regional industry is currently estimated at about 668.48 Million. First Bancorp totals roughly 334.24 Million in market capitalization claiming about 50% of stocks in Banks—Regional industry.
Capitalization  Workforce  Valuation  Total debt  Revenue

First Bancorp Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining First Bancorp's current stock value. Our valuation model uses many indicators to compare First Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Bancorp competition to find correlations between indicators driving First Bancorp's intrinsic value. More Info.
First Bancorp is one of the top stocks in price to earning category among related companies. It is one of the top stocks in price to sales category among related companies fabricating about  0.42  of Price to Sales per Price to Earning. The ratio of Price to Earning to Price to Sales for First Bancorp is roughly  2.36 . The current year Price to Sales Ratio is expected to grow to 4.69. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Bancorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Bancorp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Bancorp's earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates First Bancorp's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in First Bancorp and how it compares across the competition.

About First Bancorp Valuation

The equity valuation mechanism determines the current worth of First Bancorp on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of First Bancorp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of First Bancorp based exclusively on its fundamental and basic technical indicators. By analyzing First Bancorp's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of First Bancorp's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Bancorp. We calculate exposure to First Bancorp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to First Bancorp's related companies.
Last ReportedProjected for 2022
Gross Profit86.1 M78.3 M
Profit Margin 0.42  0.42 
The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine. First Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 267 people.

First Bancorp Quarterly Enterprise Value

380.61 Million

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First Bancorp's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether First Bancorp's value is low or high relative to the company's performance and growth projections. Determining the market value of First Bancorp can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of First Bancorp represents a small ownership stake in the entity. As a stockholder of First, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

First Bancorp Dividends Analysis For Valuation

As of July 5, 2022, Payment of Dividends and Other Cash Distributions is expected to decline to about (15 M). In addition to that, Dividend Yield is expected to decline to 0.0393. The current year Price to Earnings Ratio is expected to grow to 10.59, whereas Accumulated Retained Earnings Deficit are forecasted to decline to about 164.7 M.
Last ReportedProjected for 2022
Payment of Dividends and Other Cash Distributions-13.9 M-15 M
Dividend Yield 0.04  0.0393 
Dividends per Basic Common Share 1.26  1.24 
There are various types of dividends First Bancorp can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of First shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from First Bancorp directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When First pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of First Bancorp by the value of the dividends paid out.

First Bancorp Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as First Bancorp does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Earnings Quarterly Growth8.80%
Revenue Growth8.50%
Payout Ratio28.49%
Earnings Growth8.60%
Enterprise Value To Revenue4.83

First Bancorp Current Valuation Indicators

Valuation refers to the process of determining the present value of First Bancorp and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value First we look at many different elements of the entity such as First's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. First Bancorp's valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final First Bancorp's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as First Bancorp, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use First Bancorp's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes First Bancorp's worth.
Please check Investing Opportunities. Note that the First Bancorp information on this page should be used as a complementary analysis to other First Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for First Stock analysis

When running First Bancorp price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is First Bancorp's industry 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 Bancorp. 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 Bancorp 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 YOY
0.086
Market Capitalization
334.2 M
Quarterly Revenue Growth YOY
0.085
Return On Assets
0.0149
Return On Equity
0.16
The market value of First Bancorp 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 Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp'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 Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp'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 Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine First Bancorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp'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.