FRST (Primis Financial) Cyclically Adjusted FCF per Share: $0.99 (As of Jun. 2026)

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FRST Primis Financial Corp FRST
57 GF Score
Price $16.11
GF Value $12.46
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Primis Financial Cyclically Adjusted FCF per Share?

Primis Financial FRST +0.31% 57 Cyclically Adjusted FCF per Share is $0.99 as of Jun. 2026. GuruFocus rates FRST with a GF Score™ of 57/100 and a GF Value™ of $12.46 (Modestly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Primis Financial's adjusted free cash flow per share for the three months ended in Jun. 2026 was $-0.242. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.99 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Primis Financial's average Cyclically Adjusted FCF Growth Rate was -21.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Primis Financial was 10.60% per year. The lowest was 1.10% per year. And the median was 6.55% per year.

As of today (2026-08-26), Primis Financial's current stock price is $16.11. Primis Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $0.99. Primis Financial's Cyclically Adjusted Price-to-FCF of today is 16.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Primis Financial was 22.75. The lowest was 5.55. And the median was 11.76.


Primis Financial  (NAS:FRST) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Primis Financial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.11/0.99
=16.27

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Primis Financial was 22.75. The lowest was 5.55. And the median was 11.76.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Primis Financial Cyclically Adjusted FCF per Share Related Terms


Primis Financial Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Primis Financial's Cyclically Adjusted FCF per Share 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.

Primis Financial Cyclically Adjusted FCF per Share Chart

Primis Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.22 1.31 1.31 1.26

Primis Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share 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 1.26 1.15 1.26 1.04 0.99

FRST vs FCBM, RVRF, MVBF: Cyclically Adjusted FCF per Share Comparison

For the Banks - Regional subindustry, Primis Financial's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Primis Financial Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, Primis Financial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Primis Financial's Cyclically Adjusted Price-to-FCF falls into.


FRST
57GF Score
Primis Financial Corp FRST
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primis Financial Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Primis Financial's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.242/333.9520*333.9520
=-0.242

Current CPI (Jun. 2026) = 333.9520.

Primis Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.529 241.428 0.732
201612 0.477 241.432 0.660
201703 0.514 243.801 0.704
201706 -0.484 244.955 -0.660
201709 0.478 246.819 0.647
201712 0.475 246.524 0.643
201803 0.527 249.554 0.705
201806 0.225 251.989 0.298
201809 0.472 252.439 0.624
201812 0.402 251.233 0.534
201903 0.481 254.202 0.632
201906 0.154 256.143 0.201
201909 0.476 256.759 0.619
201912 0.355 256.974 0.461
202003 0.406 258.115 0.525
202006 0.040 257.797 0.052
202009 -0.065 260.280 -0.083
202012 0.648 260.474 0.831
202103 0.334 264.877 0.421
202106 0.148 271.696 0.182
202109 0.344 274.310 0.419
202112 0.183 278.802 0.219
202203 0.120 287.504 0.139
202206 0.363 296.311 0.409
202209 0.423 296.808 0.476
202212 -0.443 296.797 -0.498
202303 -0.502 301.836 -0.555
202306 -1.003 305.109 -1.098
202309 -0.038 307.789 -0.041
202312 2.634 306.746 2.868
202403 -0.039 312.332 -0.042
202406 2.115 314.175 2.248
202409 0.245 315.301 0.259
202412 -1.531 315.605 -1.620
202503 1.391 319.799 1.453
202506 -1.658 322.561 -1.717
202509 -0.462 324.800 -0.475
202512 1.166 324.054 1.202
202603 -2.208 330.213 -2.233
202606 -0.242 333.952 -0.242

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $0.99 mean?
Primis Financial (FRST) has a Cyclically Adjusted FCF per Share of $0.99 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Primis Financial and its competitors.
Is Primis Financial's Cyclically Adjusted FCF per Share too high?
Primis Financial's current Cyclically Adjusted FCF per Share is $0.99. Overall, Primis Financial has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primis Financial's Cyclically Adjusted FCF per Share compare to FCBM and RVRF?
Primis Financial's Cyclically Adjusted FCF per Share of $0.99 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Primis Financial and its competitors. Primis Financial's current Cyclically Adjusted FCF per Share is $0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primis Financial stock overvalued right now?
Based on GuruFocus' analysis, Primis Financial (FRST) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.46, compared to a current price of $16.11 — trading 29.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.99. Primis Financial's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Primis Financial (FRST), the current Cyclically Adjusted FCF per Share is $0.99 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Primis Financial (FRST) Overvalued in 2026?

Based on GuruFocus' analysis, Primis Financial stock appears to be overvalued. The current stock price of $16.11 is trading 29.3% above its estimated GF Value™ of $12.46. GuruFocus considers Primis Financial to be Modestly Overvalued.

Key valuation signals for FRST:

  • Cyclically Adjusted FCF per Share: $0.99
  • GF Value™: $12.46 vs. price of $16.11 (29.3% above fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the FRST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Primis Financial Business Description

Other Exchanges 7H80:Germany
Address 1676 International Drive, Suite 900, McLean, VA, USA, 22102
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, It focuses on making loans secured mainly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in several industries, as well as loans to individuals for a variety of purposes. The company has two reportable segments: Primis Bank. This segment specializes in providing financing services to businesses in various industries along with consumer and residential loans to individuals. Primis Mortgage. This segment specializes in originating mortgages in a majority of the U.S. The revenue is from Primis Bank.
57GF Score

Get the complete analysis for FRST

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.11
Price
$12.46
GF Value