GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Financial Corp (NAS:THFF) » Definitions » Enterprise Value

First Financial (First Financial) Enterprise Value : $534.5 Mil (As of Apr. 28, 2024)


View and export this data going back to 1992. Start your Free Trial

What is First Financial 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 Financial's Enterprise Value is $534.5 Mil. First Financial's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $210.0 Mil. Therefore, First Financial's EV-to-Revenue ratio for today is 2.55.


First Financial Enterprise Value Historical Data

The historical data trend for First Financial'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 Financial Enterprise Value Chart

First Financial 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 531.82 -124.86 -100.08 413.30 606.58

First Financial 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 413.30 512.78 570.43 540.06 606.58

Competitive Comparison of First Financial's Enterprise Value

For the Banks - Regional subindustry, First Financial'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 Financial's Enterprise Value Distribution in the Banks Industry

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

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



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

First Financial'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 Financial  (NAS:THFF) 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 Financial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=534.506/209.964
=2.55

First Financial's current Enterprise Value is $534.5 Mil.
First Financial'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 $210.0 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 Financial Enterprise Value Related Terms

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


First Financial (First Financial) Business Description

Traded in Other Exchanges
N/A
Address
One First Financial Plaza, Terre Haute, IN, USA, 47807
First Financial Corp operates as a financial holding company, which is engaged in the provision of financial services in the United States. The company offers a wide variety of financial services including commercial, mortgage, and consumer lending, lease financing, trust account services, depositor services, and insurance services, through its subsidiaries. Its primary source of revenue is derived from loans to customers and investment activities.
Executives
Susan M Jensen director 3935 NORTH RANDALL STREET, TERRE HAUTE IN 47805
Pierson Paul Joseph Ii director 1214 LADBROOKE DRIVE, EVANSVILLE IN 47725
James O Mcdonald director 8305 N COAL CREEK PLACE, WEST TERRE HAUTE IN 47885
William Randolph Krieble director 6158 BIG STONE DR., INDIANAPOLIS IN 46234
Thomas T Dinkel director 100 HAMILTON DR, TERRE HAUTE IN 47803
William Curtis Brighton director INDIANAPOLIS MOTOR SPEEDWAY, 4790 WEST 16TH STREET, INDIANAPOLIS IN 46222
Tina Jane Maher director 2000 BOLTON ROAD, WEST TERRE HAUTE IN 47885
Thomas Craig Martin director 2609 STERLING AVENUE, BLOOMINGTON IN 47401
Richard Jerome Shagley director 1924 S FRUITRIDGE AVENUE, TERRE HAUTE IN 47803
Blade Mark Jason Sr director 3755 NORTH ANDERSON DRIVE, TERRE HAUTE IN 47803
Mark Allen Franklin officer: Chief Lending Officer 2600 S ROBINS BOW, BLOOMINGTON IN 47401
Michael A Carty director 322 S WASHINGTON ST, CLINTON IN 47842
Gregory L Gibson director 12081 EAST RIO GRANDE, BRAZIL IN 47834
Norman L Lowery director, officer: President & C.E.O. 93 ALLENDALE, TERRE HAUTE IN 47802
Norman D Lowery officer: Chief Operations Officer ONE FIRST FINANCIAL PLAZA, TERRE HAUTE X1 47807

First Financial (First Financial) Headlines

From GuruFocus

First Financial Corp (THFF) Reports Q3 2023 Earnings

By GuruFocus Research 10-26-2023

First Financial Corporation Declares Semi-Annual Dividend

By GuruFocusNews GuruFocusNews 11-17-2021

First Financial Corporation Declares Semi-Annual Dividend

By GuruFocusNews GuruFocusNews 07-07-2022

First Financial Corporation Announces Stock Repurchase Plan

By Marketwired Marketwired 07-21-2021

First Financial Corporation Declares Semi-Annual Dividend

By Marketwired Marketwired 05-21-2020