Intrinsic value of First Commonwealth Financial Corporation (FCF)

[per Chepakovich valuation model]

other valuations of FCF

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

Previous Close$15.30
Intrinsic Value
Upside potential
Previous Close
$15.30

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, %-3.7NaN
Revenue, $396NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m305NaN
Operating income, $m90NaN
EBITDA, $m108NaN
Interest expense (income), $mNaN
Earnings before tax, $m90NaN
Tax expense, $m17NaN
Net income, $m73NaN

BALANCE SHEET

Cash and short-term investments, $m357NaN
Total assets, $m9068NaN
Adjusted assets (=assets-cash), $m8712NaN
Average production assets, $m450NaN
Working capital, $m-506NaN
Total debt, $m233NaN
Total liabilities, $m7999NaN
Total equity, $m1069NaN
Debt-to-equity ratio0.218NaN
Adjusted equity ratio0.082NaN

CASH FLOW

Net income, $m73NaN
Depreciation, amort., depletion, $m18NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m106NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-8NaN
Free cash flow, $m113NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-506
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN