Intrinsic value of First Citizens BancShares, Inc. (FCNCA)

[per Chepakovich valuation model]

other valuations of FCNCA

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

Previous Close$869.25
Intrinsic Value
Upside potential
Previous Close
$869.25

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, %7.7NaN
Revenue, $1961NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m1281NaN
Operating income, $m680NaN
EBITDA, $m813NaN
Interest expense (income), $mNaN
Earnings before tax, $m604NaN
Tax expense, $m126NaN
Net income, $m478NaN

BALANCE SHEET

Cash and short-term investments, $m4709NaN
Total assets, $m49958NaN
Adjusted assets (=assets-cash), $m45248NaN
Average production assets, $m1657NaN
Working capital, $m-7264NaN
Total debt, $m655NaN
Total liabilities, $m45728NaN
Total equity, $m4229NaN
Debt-to-equity ratio0.155NaN
Adjusted equity ratio-0.011NaN

CASH FLOW

Net income, $m478NaN
Depreciation, amort., depletion, $m133NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m340NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-104NaN
Free cash flow, $m444NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-7264
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN