First State Financial (First State Financial) GF Value Rank : 0 (As of May. 15, 2024)

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What is First State Financial GF Value Rank?

First State Financial has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

First State Financial GF Value Rank Related Terms

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First State Financial (First State Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First State Financial Corp (OTCPK:FSTF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 E Washington Street, Chicago, IL, USA, 60602

Website

https://www.firststatefl.com

First State Financial operates nine branches in Florida's Sarasota and Pinellas counties. This friendly community bank offers small-business and consumer banking products. With only $480 million in assets, First State competes with the giants of the industry in the crowded Florida banking market.

Executives

Robert Jr Shell	director	22 S LINKS AVENUE, SARASOTA FL 34236
John E Wilkinson	director, officer: President and CEO	22 S LINKS AVENUE, SUITE 100, SARASOTA FL 34236-5939
Dennis Grinsteiner	officer: Senior Vice President and CFO	22 S LINKS AVENUE, SARASOTA FL 34236
Coughlin Corey	director, officer: President and CEO	22 S LINKS AVENUE, SARASOTA FL 34236
Robert Beymer	director	22 S LINKS AVENUE, SARASOTA FL 34236
Neal Scaggs	director	22 S LINKS AVENUE, SARASOTA FL 34236
Daniel Harrington	director	22 S LINKS AVENUE, SARASOTA FL 34236
Thomas Wright	director	22 S LINKS AVENUE, SARASOTA FL 34236
Marshall Reynolds	director	22 S LINKS AVENUE, SARASOTA FL 34236

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