Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
1st SourceSRCE -0.16%67 EV-to-FCF is 10.96 as of Jul. 21, 2026, which is 27% above its 10-year median of 8.63. GuruFocus rates SRCE with a GF Score™ of 67/100 and a GF Value™ of $67.66 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,198 Banks companies, 1st Source ranks worse than 64.94% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, 1st Source's Enterprise Value is $2,211.4 Mil.
1st Source's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $201.8 Mil. Therefore, 1st Source's EV-to-FCF for today is 10.96.
The historical rank and industry rank for 1st Source's EV-to-FCF or its related term are showing as below:
SRCE'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.19 Med: 8.63 Max: 29.84
Current: 10.96
During the past 13 years, the highest EV-to-FCF of 1st Source was 29.84. The lowest was 5.19. And the median was 8.63.
SRCE's EV-to-FCF is ranked worse than 64.94% of 1198
companies
in the Banks industry
Industry Median: 6.68
vs SRCE: 10.96
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.
1st Source's share price for today is $83.35.
1st Source'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 $6.520.
* 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.
1st Source EV-to-FCF Related Terms
1st Source EV-to-FCF Historical Data
* Premium members only.
The historical data trend for 1st Source'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, 1st Source'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.
1st Source EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, 1st Source's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where 1st Source's EV-to-FCF falls into.
1st Source's current Enterprise Value is $2,211.4 Mil.
1st Source'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 $201.8 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.
1st Source (SRCE) has a EV-to-FCF of 10.96 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on 1st Source and its competitors. This is 27% above median its historical median of 8.63. Over the past decade, 1st Source's EV-to-FCF has ranged from 5.19 to 29.84. According to the industry distribution chart, 1st Source ranks #778 out of 1198 companies in the Banks industry, placing it in the top 64.9%.
Is 1st Source's EV-to-FCF too high?
1st Source's current EV-to-FCF of 10.96 is 27% above median its 10-year median of 8.63. Over the past 10 years, this metric has ranged from a low of 5.19 to a high of 29.84. The Banks industry median EV-to-FCF is 6.68. 1st Source's value of 10.96 is 64.1% above this industry median. Based on the distribution chart, 1st Source ranks #778 out of 1198 companies in the Banks industry, which is below the industry midpoint. Overall, 1st Source has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 1st Source's EV-to-FCF compare to STEL and NBHC?
According to the Banks industry distribution chart, 1st Source ranks #778 out of 1198 companies for EV-to-FCF. This places 1st Source in the lower half of its industry. The industry median EV-to-FCF is 6.68. 1st Source's value of 10.96 is 64.1% above this benchmark. Historically, 1st Source's own EV-to-FCF has ranged from 5.19 to 29.84 over the past decade. While the company's 10-year median is 8.63 vs. the industry median of 6.68, 1st Source 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 1,198 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. 1st Source's current EV-to-FCF of 10.96 is 64.1% 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 1st Source 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. 1st Source's current EV-to-FCF is 10.96, which is 27% above median its own 10-year median of 8.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1st Source stock overvalued right now?
Based on GuruFocus' analysis, 1st Source (SRCE) is currently considered Modestly Overvalued. The stock's GF Value™ is $67.66, compared to a current price of $83.35 — trading 23.2% above its estimated fair value. The current EV-to-FCF is 10.96, which is 27% above median its 10-year median of 8.63 and 64.1% above the Banks industry median of 6.68. 1st Source's 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 1st Source (SRCE), the current EV-to-FCF is 10.96 as of Jul. 21, 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 1st Source (SRCE) Overvalued in 2026?
Based on GuruFocus' analysis, 1st Source stock appears to be overvalued.
The current stock price of $83.35 is trading 23.2% above its estimated GF Value™ of $67.66.
GuruFocus considers 1st Source to be Modestly Overvalued.
Key valuation signals for SRCE:
EV-to-FCF: 10.96 (27% above median its 10-year median of 8.63)
GF Value™: $67.66 vs. price of $83.35 (23.2% above fair value)
Industry Position: 64.1% above the Banks median (#778 of 1198)
No single metric tells the full story. See the SRCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
1st Source Corp provides specialized financing services for construction equipment, aircraft, and vehicle types through its Specialty Finance activities. The company offers commercial, small business, agricultural, and real estate loans, along with commercial leasing, treasury management, and payment services, including Fedwires, ACH, and merchant services. It also provides Renewable Energy Financing for commercial solar projects, a full range of consumer banking products, Trust and Wealth Advisory Services, and insurance products. The company operates in the commercial banking segment, which provides commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients across its markets.
67GF Score
Get the complete analysis for SRCE
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
SRCE has been successfully added to your 
