FBIZ'
s EV-to-FCF Range Over the Past 10 Years
Min: 3.73 Med: 13.72 Max: 46.12
Current: 13.6
During the past 13 years, the highest EV-to-FCF of First Business Financial Services was 46.12. The lowest was 3.73. And the median was 13.72.
FBIZ's EV-to-FCF is ranked worse than 72.93% of 1193
companies
in the Banks industry
Industry Median: 6.57
vs FBIZ: 13.60
EV-to-FCF 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-FCF Explanation
EV-to-FCF 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 $63.70.
First Business Financial Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.070.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
First Business Financial Services EV-to-FCF Related Terms
First Business Financial Services EV-to-FCF 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-FCF, along with its competitors' market caps and EV-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.
First Business Financial Services EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, First Business Financial Services's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where First Business Financial Services's EV-to-FCF falls into.
First Business Financial Services's current Enterprise Value is $718.0 Mil.
First Business Financial Services's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $52.8 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-FCF of 13.60 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on First Business Financial Services and its competitors. This is near median its historical median of 13.72. Over the past decade, First Business Financial Services' EV-to-FCF has ranged from 3.73 to 46.12. According to the industry distribution chart, First Business Financial Services ranks #870 out of 1193 companies in the Banks industry, placing it in the top 72.9%.
Is First Business Financial Services' EV-to-FCF too high?
First Business Financial Services' current EV-to-FCF of 13.60 is near median its 10-year median of 13.72. Over the past 10 years, this metric has ranged from a low of 3.73 to a high of 46.12. The Banks industry median EV-to-FCF is 6.57. First Business Financial Services' value of 13.60 is 107% above this industry median. Based on the distribution chart, First Business Financial Services ranks #870 out of 1193 companies in the Banks industry, which is below the industry midpoint. Overall, First Business Financial Services has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Business Financial Services' EV-to-FCF compare to WCCB and BSRR?
According to the Banks industry distribution chart, First Business Financial Services ranks #870 out of 1193 companies for EV-to-FCF. This places First Business Financial Services in the lower half of its industry. The industry median EV-to-FCF is 6.57. First Business Financial Services' value of 13.60 is 107% above this benchmark. Historically, First Business Financial Services' own EV-to-FCF has ranged from 3.73 to 46.12 over the past decade. While the company's 10-year median is 13.72 vs. the industry median of 6.57, 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-FCF for a Banks company?
The median EV-to-FCF among Banks companies is 6.57, based on 1,193 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 13.60 is 107% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on First Business Financial Services and its competitors. For the Banks industry, the median EV-to-FCF is 6.57 — 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-FCF is 13.60, which is near median its own 10-year median of 13.72. 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 $52.80, compared to a current price of $63.70 — trading 20.6% above its estimated fair value. The current EV-to-FCF is 13.60, which is near median its 10-year median of 13.72 and 107% above the Banks industry median of 6.57. First Business Financial Services' overall GF Score™ is 67/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For First Business Financial Services (FBIZ), the current EV-to-FCF is 13.60 as of Jul. 11, 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 $63.70 is trading 20.6% above its estimated GF Value™ of $52.80.
GuruFocus considers First Business Financial Services to be Modestly Overvalued.
Key valuation signals for FBIZ:
EV-to-FCF: 13.60 (near median its 10-year median of 13.72)
GF Value™: $52.80 vs. price of $63.70 (20.6% above fair value)
Industry Position: 107% above the Banks median (#870 of 1193)
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 Business Description
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.
67GF Score
Get the complete analysis for FBIZ
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FBIZ has been successfully added to your 
