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Business First Bancshares (Business First Bancshares) Intrinsic Value: Projected FCF : $41.69 (As of May. 01, 2024)


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What is Business First Bancshares Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-01), Business First Bancshares's Intrinsic Value: Projected FCF is $41.69. The stock price of Business First Bancshares is $20.484. Therefore, Business First Bancshares's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

The historical rank and industry rank for Business First Bancshares's Intrinsic Value: Projected FCF or its related term are showing as below:

BFST' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.48   Med: 0.66   Max: 1.06
Current: 0.49

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Business First Bancshares was 1.06. The lowest was 0.48. And the median was 0.66.

BFST's Price-to-Projected-FCF is ranked worse than
58.27% of 1215 companies
in the Banks industry
Industry Median: 0.43 vs BFST: 0.49

Business First Bancshares Intrinsic Value: Projected FCF Historical Data

The historical data trend for Business First Bancshares's Intrinsic Value: Projected 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.

* Premium members only.

Business First Bancshares Intrinsic Value: Projected FCF Chart

Business First Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - 26.76 33.56 41.69

Business First Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF 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 35.02 37.17 39.38 41.69 -

Competitive Comparison of Business First Bancshares's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Business First Bancshares's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Business First Bancshares's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Business First Bancshares's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Business First Bancshares's Price-to-Projected-FCF falls into.



Business First Bancshares Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Business First Bancshares's Free Cash Flow(6 year avg) = $41.64.

Business First Bancshares's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(12.184026879804*41.63712+649.034*0.8)/25.429
=40.37

* 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.


Business First Bancshares  (NAS:BFST) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Business First Bancshares's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=20.484/40.368673140023
=0.51

* 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.


Business First Bancshares Intrinsic Value: Projected FCF Related Terms

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Business First Bancshares (Business First Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
500 Laurel Street, Suite 101, Baton Rouge, LA, USA, 70801
Business First Bancshares Inc is a United States-based bank holding company. The company's services include personal and commercial banking, treasury management, and wealth solutions. It provides a range of financial services to small-to-midsized businesses and professionals. The company generates most of its revenues from interest income on loans, customer service and loan fees, and interest income from securities.
Executives
Mark P. Folse director, officer: EVP - b1BANK 500 LAUREL STREET, BATON ROUGE LA 70801
Rick D. Day director 500 LAUREL STREET, BATON ROUGE LA 70801
Jesse Jackson officer: EVP & Pres., Fin. Institutions 500 LAUREL STREET, BATON ROUGE LA 70801
Kathryn Manning officer: Chief Risk Officer 500 LAUREL STREET, BATON ROUGE LA 70801
John P. Ducrest director 500 LAUREL STREET, BATON ROUGE LA 70801
Greg Robertson officer: CFO and Treasurer 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Arthur Price director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Steven Gerard White director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Joseph Vernon Johnson director 500 LAUREL STREET, BATON ROUGE LA 70801
Kenneth W. Smith director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Andrew D. Mclindon director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Mccollister Rolfe H. Jr. director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Keith Mansfield officer: EVP&COO of Business First Bank 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Carol Calkins director 500 LAUREL STREET, BATON ROUGE LA 70801
Smith Edgar R. Iii director 400 EAST THOMAS STREET, HAMMOND LA 70401