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FS BancorpFSBW +0.53%63 EV-to-FCF is 12.84 as of Jul. 25, 2026, which is 189% above its 10-year median of 4.44. GuruFocus rates FSBW with a GF Score™ of 63/100 and a GF Value™ of $42.26 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,192 Banks companies, FS Bancorp ranks worse than 59.73% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, FS Bancorp's Enterprise Value is $674.7 Mil.
FS Bancorp's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $52.6 Mil. Therefore, FS Bancorp's EV-to-FCF for today is 12.84.
The historical rank and industry rank for FS Bancorp's EV-to-FCF or its related term are showing as below:
FSBW'
s EV-to-FCF Range Over the Past 10 Years
Min: -12518.16 Med: 4.44 Max: 1115.84
Current: 12.84
During the past 13 years, the highest EV-to-FCF of FS Bancorp was 1115.84. The lowest was -12518.16. And the median was 4.44.
FSBW's EV-to-FCF is ranked worse than 59.73% of 1192
companies
in the Banks industry
Industry Median: 6.68
vs FSBW: 12.84
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.
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.
FS Bancorp's share price for today is $43.57.
FS Bancorp'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 $4.340.
* 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.
FS Bancorp EV-to-FCF Related Terms
FS Bancorp EV-to-FCF Historical Data
* Premium members only.
The historical data trend for FS Bancorp's EV-to-FCF 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.
For the Banks - Regional subindustry, FS Bancorp'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.
FS Bancorp EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, FS Bancorp's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where FS Bancorp's EV-to-FCF falls into.
FS Bancorp's current Enterprise Value is $674.7 Mil.
FS Bancorp'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 $52.6 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.
FS Bancorp (FSBW) has a EV-to-FCF of 12.84 as of Jul. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on FS Bancorp and its competitors. This is 189% above median its historical median of 4.44. According to the industry distribution chart, FS Bancorp ranks #712 out of 1192 companies in the Banks industry, placing it in the top 59.7%.
Is FS Bancorp's EV-to-FCF too high?
FS Bancorp's current EV-to-FCF of 12.84 is 189% above median its 10-year median of 4.44. The Banks industry median EV-to-FCF is 6.68. FS Bancorp's value of 12.84 is 92.2% above this industry median. Based on the distribution chart, FS Bancorp ranks #712 out of 1192 companies in the Banks industry, which is below the industry midpoint. Overall, FS Bancorp has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FS Bancorp's EV-to-FCF compare to FVCB and MFGI?
According to the Banks industry distribution chart, FS Bancorp ranks #712 out of 1192 companies for EV-to-FCF. This places FS Bancorp in the lower half of its industry. The industry median EV-to-FCF is 6.68. FS Bancorp's value of 12.84 is 92.2% above this benchmark. While the company's 10-year median is 4.44 vs. the industry median of 6.68, FS Bancorp 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 6.68, based on 1,192 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. FS Bancorp's current EV-to-FCF of 12.84 is 92.2% 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 FS Bancorp and its competitors. For the Banks industry, the median EV-to-FCF is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FS Bancorp's current EV-to-FCF is 12.84, which is 189% above median its own 10-year median of 4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS Bancorp stock overvalued right now?
Based on GuruFocus' analysis, FS Bancorp (FSBW) is currently considered Fairly Valued. The stock's GF Value™ is $42.26, compared to a current price of $43.57 — trading 3.1% above its estimated fair value. The current EV-to-FCF is 12.84, which is 189% above median its 10-year median of 4.44 and 92.2% above the Banks industry median of 6.68. FS Bancorp's overall GF Score™ is 63/100 with 5 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 FS Bancorp (FSBW), the current EV-to-FCF is 12.84 as of Jul. 25, 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 FS Bancorp (FSBW) Overvalued in 2026?
Based on GuruFocus' analysis, FS Bancorp stock appears to be overvalued.
The current stock price of $43.57 is trading 3.1% above its estimated GF Value™ of $42.26.
GuruFocus considers FS Bancorp to be Fairly Valued.
Key valuation signals for FSBW:
EV-to-FCF: 12.84 (189% above median its 10-year median of 4.44)
GF Value™: $42.26 vs. price of $43.57 (3.1% above fair value)
Industry Position: 92.2% above the Banks median (#712 of 1192)
No single metric tells the full story. See the FSBW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FS Bancorp Inc is the holding company of First Security Bank, a diversified lender with a focus on the origination of commercial real estate, one-to-four-family, and home equity loans, consumer loans, including a variety of indirect home improvement (fixture secured loans), and marine loans, and commercial business loans. The company has two operating segments; The commercial and consumer banking segment provides diversified financial products and services to its commercial and consumer customers through Bank branches, automated teller machines, online banking platforms, mobile banking apps, and telephone banking; and The home lending segment originates one-to-four-family residential mortgage loans for sale in the secondary markets as well as loans held for investment.
63GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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