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FBIZ'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.73 Med: 13.24 Max: 45.43
Current: 9.79
During the past 13 years, the highest EV-to-OCF of First Business Financial Services was 45.43. The lowest was 3.73. And the median was 13.24.
FBIZ's EV-to-OCF is ranked worse than 70.11% of 1499
companies
in the Banks industry
Industry Median: 3.92
vs FBIZ: 9.79
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
First Business Financial Services (NAS:FBIZ) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
First Business Financial Services's PE Ratio (TTM) for today is calculated as:
First Business Financial Services's share price for today is $71.05.
First Business Financial Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.560.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
First Business Financial Services EV-to-OCF Related Terms
First Business Financial Services EV-to-OCF Historical Data
* 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.
For the Banks - Regional subindustry, First Business Financial Services's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 Business Financial Services EV-to-OCF vs Banks Industry
For the Banks industry and Financial Services sector, First Business Financial Services's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where First Business Financial Services's EV-to-OCF falls into.
First Business Financial Services's current Enterprise Value is $796.7 Mil.
First Business Financial Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $81.4 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 Business Financial Services (FBIZ) has a EV-to-OCF of 9.79 as of Aug. 18, 2026. This is 26% below median its historical median of 13.24. Over the past decade, First Business Financial Services' EV-to-OCF has ranged from 3.73 to 45.43. According to the industry distribution chart, First Business Financial Services ranks #1051 out of 1499 companies in the Banks industry, placing it in the top 70.1%.
Is First Business Financial Services' EV-to-OCF too high?
First Business Financial Services' current EV-to-OCF of 9.79 is 26% below median its 10-year median of 13.24. Over the past 10 years, this metric has ranged from a low of 3.73 to a high of 45.43. The Banks industry median EV-to-OCF is 3.92. First Business Financial Services' value of 9.79 is 149.7% above this industry median. Based on the distribution chart, First Business Financial Services ranks #1051 out of 1499 companies in the Banks industry, which is below the industry midpoint. Overall, First Business Financial Services has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Business Financial Services' EV-to-OCF compare to GCBC and HBCP?
According to the Banks industry distribution chart, First Business Financial Services ranks #1051 out of 1499 companies for EV-to-OCF. This places First Business Financial Services in the lower half of its industry. The industry median EV-to-OCF is 3.92. First Business Financial Services' value of 9.79 is 149.7% above this benchmark. Historically, First Business Financial Services' own EV-to-OCF has ranged from 3.73 to 45.43 over the past decade. While the company's 10-year median is 13.24 vs. the industry median of 3.92, First Business Financial Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Banks company?
The median EV-to-OCF among Banks companies is 3.92, based on 1,499 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Business Financial Services's current EV-to-OCF of 9.79 is 149.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median EV-to-OCF is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Business Financial Services's current EV-to-OCF is 9.79, which is 26% below median its own 10-year median of 13.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Business Financial Services stock overvalued right now?
Based on GuruFocus' analysis, First Business Financial Services (FBIZ) is currently considered Modestly Overvalued. The stock's GF Value™ is $54.88, compared to a current price of $71.05 — trading 29.5% above its estimated fair value. The current EV-to-OCF is 9.79, which is 26% below median its 10-year median of 13.24 and 149.7% above the Banks industry median of 3.92. First Business Financial Services' overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For First Business Financial Services (FBIZ), the current EV-to-OCF is 9.79 as of Aug. 18, 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 First Business Financial Services (FBIZ) Overvalued in 2026?
Based on GuruFocus' analysis, First Business Financial Services stock appears to be overvalued.
The current stock price of $71.05 is trading 29.5% above its estimated GF Value™ of $54.88.
GuruFocus considers First Business Financial Services to be Modestly Overvalued.
Key valuation signals for FBIZ:
EV-to-OCF: 9.79 (26% below median its 10-year median of 13.24)
GF Value™: $54.88 vs. price of $71.05 (29.5% above fair value)
Industry Position: 149.7% above the Banks median (#1051 of 1499)
No single metric tells the full story. See the FBIZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Business Financial Services Inc operates as a bank holding company. The Bank operates as a business bank, delivering a full line of commercial banking products, including commercial loans and commercial real estate loans, to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high-net-worth individuals. The company's products and services include commercial lending, SBA lending and servicing, asset-based lending, equipment financing, factoring, trust, and investment services, treasury management services, and a broad range of deposit products. Geographically, all the business activity functioned through the region of the United States.
66GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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