Intrinsic value of First Bancorp (FBNC)

[per Chepakovich valuation model]

other valuations of FBNC

[per Chepakovich valuation model]  See other valuations of FBNC stock

Previous Close$44.98
Intrinsic Value
Upside potential
Previous Close
$44.98

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %3.0NaN
Revenue, $319NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m216NaN
Operating income, $m103NaN
EBITDA, $m122NaN
Interest expense (income), $mNaN
Earnings before tax, $m103NaN
Tax expense, $m22NaN
Net income, $m81NaN

BALANCE SHEET

Cash and short-term investments, $m367NaN
Total assets, $m7290NaN
Adjusted assets (=assets-cash), $m6922NaN
Average production assets, $m371NaN
Working capital, $m-1160NaN
Total debt, $m62NaN
Total liabilities, $m6396NaN
Total equity, $m893NaN
Debt-to-equity ratio0.069NaN
Adjusted equity ratio0.076NaN

CASH FLOW

Net income, $m81NaN
Depreciation, amort., depletion, $m19NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m57NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-12NaN
Free cash flow, $m69NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-1160
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN