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First Reliance BancsharesFSRL 45 Intrinsic Value: Projected FCF is $11.18 as of Aug. 25, 2026. GuruFocus rates FSRL with a GF Score™ of 45/100 and a GF Value™ of $11.34 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,308 Banks companies, First Reliance Bancshares ranks worse than 93.5% on this metric.
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.
The historical rank and industry rank for First Reliance Bancshares's Intrinsic Value: Projected FCF or its related term are showing as below:
FSRL'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.35 Med: 1.03 Max: 7.05
Current: 1.76
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of First Reliance Bancshares was 7.05. The lowest was 0.35. And the median was 1.03.
FSRL's Price-to-Projected-FCF is ranked worse than 93.5% of 1308
companies
in the Banks industry
Industry Median: 0.59
vs FSRL: 1.76
First Reliance Bancshares (OTCPK:FSRL) 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.
First Reliance 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
=
19.70
/
11.178060115205
=
1.76
* 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 Reliance Bancshares Intrinsic Value: Projected FCF Related Terms
First Reliance Bancshares Intrinsic Value: Projected FCF Historical Data
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The historical data trend for First Reliance 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.
First Reliance Bancshares Intrinsic Value: Projected FCF Chart
FSRL vs TYFG, BKUT, PBCO: Intrinsic Value: Projected FCF Comparison
For the Banks - Regional subindustry, First Reliance 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.
First Reliance Bancshares Price-to-Projected-FCF vs Banks Industry
For the Banks industry and Financial Services sector, First Reliance Bancshares's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where First Reliance Bancshares's Price-to-Projected-FCF falls into.
First Reliance 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.
* 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.
What does a Intrinsic Value: Projected FCF of $11.18 mean?
First Reliance Bancshares (FSRL) has a Intrinsic Value: Projected FCF of $11.18 as of Aug. 25, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on First Reliance Bancshares and its competitors. According to the industry distribution chart, First Reliance Bancshares ranks #1223 out of 1308 companies in the Banks industry, placing it in the top 93.5%.
Is First Reliance Bancshares' Intrinsic Value: Projected FCF too high?
First Reliance Bancshares' current Intrinsic Value: Projected FCF is $11.18. The Banks industry median Intrinsic Value: Projected FCF is 0.59. First Reliance Bancshares' value of $11.18 is 1794.9% above this industry median. Based on the distribution chart, First Reliance Bancshares ranks #1223 out of 1308 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, First Reliance Bancshares has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Reliance Bancshares' Intrinsic Value: Projected FCF compare to TYFG and BKUT?
According to the Banks industry distribution chart, First Reliance Bancshares ranks #1223 out of 1308 companies for Intrinsic Value: Projected FCF. This places First Reliance Bancshares in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.59. First Reliance Bancshares' value of $11.18 is 1794.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Banks company?
The median Intrinsic Value: Projected FCF among Banks companies is 0.59, based on 1,308 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Reliance Bancshares's current Intrinsic Value: Projected FCF of $11.18 is 1794.9% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on First Reliance Bancshares and its competitors. For the Banks industry, the median Intrinsic Value: Projected FCF is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Reliance Bancshares's current Intrinsic Value: Projected FCF is $11.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Reliance Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First Reliance Bancshares (FSRL) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.34, compared to a current price of $19.70 — trading 73.7% above its estimated fair value. The current Intrinsic Value: Projected FCF is $11.18 and 1794.9% above the Banks industry median of 0.59. First Reliance Bancshares' overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For First Reliance Bancshares (FSRL), the current Intrinsic Value: Projected FCF is $11.18 as of Aug. 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 First Reliance Bancshares (FSRL) Overvalued in 2026?
Based on GuruFocus' analysis, First Reliance Bancshares stock appears to be overvalued.
The current stock price of $19.70 is trading 73.7% above its estimated GF Value™ of $11.34.
GuruFocus considers First Reliance Bancshares to be Significantly Overvalued.
Key valuation signals for FSRL:
Intrinsic Value: Projected FCF: $11.18
GF Value™: $11.34 vs. price of $19.70 (73.7% above fair value)
Industry Position: 1794.9% above the Banks median (#1223 of 1308)
No single metric tells the full story. See the FSRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Reliance Bancshares Inc operates as a South Carolina-chartered commercial bank providing banking services across domestic markets in South Carolina. Its deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The Company mainly offers loans to individuals and small businesses for a range of personal and commercial purposes, mainly in South Carolina and North Carolina. It also provides a range of services, including personal banking, business banking, treasury services, and online and mobile banking, etc.
45GF Score
Get the complete analysis for FSRL
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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