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First US Bancshares (First US Bancshares) Intrinsic Value: Projected FCF

: $24.08 (As of Today)
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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 (2024-04-19), First US Bancshares's Intrinsic Value: Projected FCF is $24.08. The stock price of First US Bancshares is $9.60. Therefore, First US Bancshares's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.

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

FUSB' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.35   Med: 0.52   Max: 0.78
Current: 0.4

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of First US Bancshares was 0.78. The lowest was 0.35. And the median was 0.52.

FUSB's Price-to-Projected-FCF is ranked better than
55.77% of 1221 companies
in the Banks industry
Industry Median: 0.43 vs FUSB: 0.40

First US Bancshares Intrinsic Value: Projected FCF Historical Data

The historical data trend for First US 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.

First US Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.91 15.05 16.67 16.12 24.08

First US Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF 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 Premium Member Only Premium Member Only Premium Member Only 16.12 20.16 21.61 22.97 24.08

Competitive Comparison

For the Banks - Regional subindustry, First US 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 US Bancshares Price-to-Projected-FCF Distribution

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

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



First US 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 First US Bancshares's Free Cash Flow(6 year avg) = $8.40.

First US 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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*8.3992+90.593*0.8)/6.331
=24.08

* 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 US Bancshares  (NAS:FUSB) 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 US 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
=9.60/24.07798722553
=0.40

* 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 US Bancshares Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of First US Bancshares's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


First US Bancshares (First US Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
3291 U.S. Highway 280, Suite 100, Birmingham, AL, USA, 35243
First US Bancshares Inc is a bank holding company. The Bank conducts a general commercial banking business and offers banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals and other individuals. The Bank has two reportable operating segments namely the Bank and Acceptance Loan Company. The majority of the revenue is generated through interest earned on financial instruments, including loans and investment securities.
Executives
Robert S Briggs director
James F House director, officer: President & CEO P O BOX 249, THOMASVILLE AL 36784
David Peter Hale director 131 WEST FRONT STREET, P O BOX 249, THOMASVILLE AL 36784
Thomas S Elley officer: VP,CFO,PAO,Treas,Asst Sec P O BOX 249, THOMASVILLE AL 36784
Marlene M Mccain director P O BOX 249, THOMASVILLE AL 36784
Bearden Andrew C Jr director
Anthony Cashio officer: EVP, Chief Credit Officer-FUSB P O BOX 249, THOMASVILLE AL 36784
Bruce N Wilson director
Henderson J Samuel Iii officer: EVP, Bham Market Exec, FUSB P O BOX 249, THOMASVILLE AL 36784
Sheri S Cook director P O BOX 249, THOMASVILLE AL 36784
Aubrey S Miller director P O BOX 249, THOMASVILLE AL 36784
Donna D Smith director P O BOX 249, THOMASVILLE AL 36784
Phillip Wheat officer: SVP,CIO/Info Sec Off of FUSB P O BOX 249, THOMASVILLE AL 36784
Strickland Alonzo A J J director
David L Saylors officer: SVP, HR Director of FUSB P O BOX 249, THOMASVILLE AL 36784

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