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First United (First United) Enterprise Value : $256.16 Mil (As of Apr. 26, 2024)


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What is First United Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First United's Enterprise Value is $256.16 Mil. First United's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $71.32 Mil. Therefore, First United's EV-to-Revenue ratio for today is 3.59.


First United Enterprise Value Historical Data

The historical data trend for First United's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First United Enterprise Value Chart

First United Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225.47 62.85 42.18 154.55 264.25

First United Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 154.55 122.37 170.60 194.91 264.25

Competitive Comparison of First United's Enterprise Value

For the Banks - Regional subindustry, First United's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First United's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First United's Enterprise Value distribution charts can be found below:

* The bar in red indicates where First United's Enterprise Value falls into.



First United Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

First United's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

First United's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First United  (NAS:FUNC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

First United's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=256.160/71.323
=3.59

First United's current Enterprise Value is $256.16 Mil.
First United's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $71.32 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First United Enterprise Value Related Terms

Thank you for viewing the detailed overview of First United's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


First United (First United) Business Description

Traded in Other Exchanges
Address
19 South Second Street, Oakland, MD, USA, 21550-0009
First United Corp is active in the financial services domain. The scope of its offering includes checking, savings, money market deposit accounts and certificates of deposit, business loans, personal loans, mortgage loans and lines of credit extended to both individuals and businesses. In addition, it provides safe deposit and night depository facilities, insurance products and trust services. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings.
Executives
Marisa A. Shockley director 19 S. SECOND STREET, OAKLAND MD 21550
Carissa Lynn Rodeheaver officer: Chief Financial Officer 19 SOUTH SECOND STREET, OAKLAND MD 21550
Brian R. Boal director 19 S. SECOND STREET, OAKLAND MD 21550
Jason Barry Rush officer: VP and Director of Operations 19 SOUTH SECOND STREET, OAKLAND MD 21550
Kevin Hessler director 19 S. SECOND STREET, OAKLAND MD 21550
John Mccullough director 19 SOUTH SECOND STREET, OAKLAND MD 21550
Beth Moran director 19 S. SECOND STREET, OAKLAND MD 21550
Irvin Robert Rudy director 121 NORTH SECOND ST, OAKLAND MD 21550
John F. Barr director 19 S. SECOND STREET, OAKLAND MD 21550
Christy Dipietro director 19 S. SECOND STREET, OAKLAND MD 21550
Patricia Milon director 19 S SECOND STREET, OAKLAND MD 21550
Gary Ruddell director 19 SOUTH SECOND STREET, OAKLAND MD 21550
Sanu Chadha director 19 S. SECOND STREET, OAKLAND MD 21550
M Kathryn Burkey director P.O. BOX 9, 19 SOUTH SECOND STREET, OAKLAND MD 21550
Elaine L Mcdonald director 672 WHITE OAK DR, SWANTON MD 21561