Primis Financial Corp. (FRST)

NASDAQ: FRST · IEX Real-Time Price · USD
12.17
+0.25 (2.10%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

FRST has a market cap or net worth of $294.34 million. The enterprise value is $299.84 million.

Market Cap 294.34M
Enterprise Value 299.84M

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date Feb 8, 2024

Share Statistics

FRST has 24.68 million shares outstanding. The number of shares has increased by 0.15% in one year.

Shares Outstanding 24.68M
Shares Change (YoY) +0.15%
Shares Change (QoQ) +0.01%
Owned by Insiders (%) 3.62%
Owned by Institutions (%) 84.40%
Float 22.01M

Valuation Ratios

The trailing PE ratio is 57.95 and the forward PE ratio is 8.48.

PE Ratio 57.95
Forward PE 8.48
PS Ratio 2.21
Forward PS 2.52
PB Ratio 0.77
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 58.73
EV / Sales 2.25
EV / EBITDA 16.17
EV / EBIT 32.92
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.26
Debt / EBITDA 5.36
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 1.30% and return on invested capital (ROIC) is 1.06%.

Return on Equity (ROE) 1.30%
Return on Assets (ROA) 0.10%
Return on Capital (ROIC) 1.06%
Revenue Per Employee $235,789
Profits Per Employee $9,035
Employee Count 565
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, FRST has paid $4.00 million in taxes.

Income Tax 4.00M
Effective Tax Rate 43.95%

Stock Price Statistics

The stock price has increased by +25.59% in the last 52 weeks. The beta is 0.73, so FRST's price volatility has been lower than the market average.

Beta (1Y) 0.73
52-Week Price Change +25.59%
50-Day Moving Average 12.39
200-Day Moving Average 10.19
Relative Strength Index (RSI) 51.47
Average Volume (30 Days) 84,380

Short Selling Information

The latest short interest is 133,601, so 0.54% of the outstanding shares have been sold short.

Short Interest 133,601
Short Previous Month 129,465
Short % of Shares Out 0.54%
Short % of Float 0.61%
Short Ratio (days to cover) 1.53

Income Statement

In the last 12 months, FRST had revenue of $133.22 million and earned $5.11 million in profits. Earnings per share was $0.21.

Revenue 133.22M
Gross Profit 133.22M
Operating Income 9.11M
Pretax Income 9.11M
Net Income 5.11M
EBITDA 18.54M
EBIT 9.11M
Earnings Per Share (EPS) $0.21
Full Income Statement

Balance Sheet

The company has $93.87 million in cash and $99.36 million in debt, giving a net cash position of -$5.50 million or -$0.22 per share.

Cash & Cash Equivalents 93.87M
Total Debt 99.36M
Net Cash -5.50M
Net Cash Per Share -$0.22
Equity / Book Value 382.87M
Book Value Per Share 15.51
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$41.79 million and capital expenditures -$306,000, giving a free cash flow of -$42.09 million.

Operating Cash Flow -41.79M
Capital Expenditures -306,000
Free Cash Flow -42.09M
FCF Per Share -$1.71
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 6.84% and 3.83%.

Gross Margin 100.00%
Operating Margin 6.84%
Pretax Margin 6.84%
Profit Margin 3.83%
EBITDA Margin 13.92%
EBIT Margin 6.84%
FCF Margin -31.59%

Dividends & Yields

This stock pays an annual dividend of $0.40, which amounts to a dividend yield of 3.29%.

Dividend Per Share $0.40
Dividend Yield 3.29%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 190.48%
Buyback Yield -0.15%
Shareholder Yield 3.14%
Earnings Yield 1.73%
FCF Yield -14.30%
Dividend Details

Analyst Forecast

The average price target for FRST is $13.00, which is 6.82% higher than the current price. The consensus rating is "Buy".

Price Target $13.00
Price Target Difference 6.82%
Analyst Consensus Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 30, 2007. It was a forward split with a ratio of 11:10.

Last Split Date Apr 30, 2007
Split Type Forward
Split Ratio 11:10

Scores

Altman Z-Score n/a
Piotroski F-Score 3