First National Financial (TSX:FN) Median PS Value: C$44.87 (As of Jun. 24, 2026) — 4725% Above Median


TSX:FN First National Financial Corp TSX:FN
19 GF Score
Price C$47.98
GF Value C$59.71
! 5 Warning Signs
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What is First National Financial Median PS Value?

First National Financial TSX:FN 19 Median PS Value is C$44.87 as of Jun. 24, 2026, which is 100% below its 10-year median of 0.93. GuruFocus rates TSX:FN with a GF Score™ of 19/100 and a GF Value™ of C$59.71. The stock has 5 warning signs investors should review.

This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. First National Financial's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was C$10.2. First National Financial's 10-Year median PS Ratio is 4.399. Therefore, the Median PS Value for today is C$44.87.

As of today (2026-06-24), First National Financial's share price is C$47.98. First National Financial's Median PS Value is C$44.87. Therefore, First National Financial's Price to Median PS Value for today is 1.07.

The historical rank and industry rank for First National Financial's Median PS Value or its related term are showing as below:

TSX:FN' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.66   Med: 0.93   Max: 1.28
Current: 1.07

During the past 13 years, the highest Price to Median PS Value of First National Financial was 1.28. The lowest was 0.66. And the median was 0.93.

TSX:FN's Price-to-Median-PS-Value is not ranked
in the Banks industry.
Industry Median: 1.09 vs TSX:FN: 1.07

First National Financial  (TSX:FN) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

First National Financial's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=47.98/44.87
=1.07

* 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 National Financial Median PS Value Related Terms


First National Financial Median PS Value Historical Data

* Premium members only.

The historical data trend for First National Financial's Median PS Value 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 National Financial Median PS Value Chart

First National Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.22 39.52 39.59 46.58 43.98

First National Financial Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Median PS Value 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 41.52 43.98 41.06 42.39 44.87

TSX:FN vs RKT, FNMA, FMCC: Median PS Value Comparison

For the Mortgage Finance subindustry, First National Financial's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 National Financial Price-to-Median-PS-Value vs Banks Industry

For the Banks industry and Financial Services sector, First National Financial's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where First National Financial's Price-to-Median-PS-Value falls into.


TSX:FN
19GF Score
First National Financial Corp TSX:FN
Median PS Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First National Financial Median PS Value Calculation

First National Financial's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=10.2*4.399
=44.87

10-Year Median PS Ratio is 4.399.
First National Financial's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$10.2.

* 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.

Frequently Asked Questions Learn more about Median PS Value →
What does a Median PS Value of C$44.87 mean?
First National Financial (TSX:FN) has a Median PS Value of C$44.87 as of Jun. 24, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on First National Financial and its competitors. This is 4725% above median its historical median of 0.93. Over the past decade, First National Financial's Median PS Value has ranged from 0.66 to 1.28.
Is First National Financial's Median PS Value too high?
First National Financial's current Median PS Value of C$44.87 is 4725% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.28. Overall, First National Financial has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does First National Financial's Median PS Value compare to RKT and FNMA?
First National Financial's Median PS Value of C$44.87 can be compared against companies in the Banks industry. The industry median Median PS Value is 1.09. Historically, First National Financial's own Median PS Value has ranged from 0.66 to 1.28 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Banks company?
The median Median PS Value among Banks companies is 1.09, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on First National Financial and its competitors. For the Banks industry, the median Median PS Value is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First National Financial's current Median PS Value is C$44.87, which is 4725% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First National Financial stock overvalued right now?
First National Financial (TSX:FN) has a current Median PS Value of C$44.87. The stock's GF Value™ is C$59.71, compared to a current price of C$47.98 — trading 19.6% below its estimated fair value. The current Median PS Value is C$44.87, which is 4725% above median its 10-year median of 0.93. First National Financial's overall GF Score™ is 19/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For First National Financial (TSX:FN), the current Median PS Value is C$44.87 as of Jun. 24, 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 National Financial (TSX:FN) Overvalued in 2026?

Based on GuruFocus' analysis, First National Financial stock appears to be undervalued. The current stock price of C$47.98 is trading 19.6% below its estimated GF Value™ of C$59.71.

Key valuation signals for TSX:FN:

  • Median PS Value: C$44.87 (4725% above median its 10-year median of 0.93)
  • GF Value™: C$59.71 vs. price of C$47.98 (19.6% below fair value)
  • GF Score™: 19/100 with 5 warning signs

No single metric tells the full story. See the TSX:FN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First National Financial Business Description

Address 16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6
First National Financial Corp is a Canadian originator, underwriter and servicer of predominantly prime residential and commercial mortgages. The Company operates in two business segments, Residential and Commercial. These segments are organized by mortgage type and contain revenue and expenses related to origination, underwriting, securitization and servicing activities. It derives maximum revenue from Residential segment.
19GF Score

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Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$47.98
Price
C$59.71
GF Value