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First Horizon GF Value Rank

: 1 (As of Today)
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First Horizon has the GF Value Rank of 1.

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.


Competitive Comparison

For the Banks - Regional subindustry, First Horizon's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 Horizon GF Value Rank Distribution

For the Banks industry and Financial Services sector, First Horizon's GF Value Rank distribution charts can be found below:

* The bar in red indicates where First Horizon's GF Value Rank falls into.



First Horizon GF Value Rank Related Terms

Thank you for viewing the detailed overview of First Horizon's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


First Horizon Business Description

First Horizon logo
Address
165 Madison Avenue, Memphis, TN, USA, 38103
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.
Executives
Dmuchowski Hope officer: Sr. EVP & CFO 165 MADISON AVE MEMPHIS TN 38103
Casbon John N director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Locascio Tammy officer: Sr. EVP, Chief HR Officer 165 MADISON AVE MEMPHIS TN 38103
Kemp Sr James Michael director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Maples Ricky E director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Akins Terry Lawson officer: Sr. EVP, Chief Risk Officer 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Ardoin Elizabeth A officer: SEVP, Chief Communications Ofc 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Sugranes Rosa director 2975 N.W. 77TH AVE DORAL FL 33132
Restel Anthony J officer: SEVP Chief Operating Officer 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Shea E Stewart Iii director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Fenstermaker William H director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Byrd Daryl G director, officer: Executive Chairman of Board 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Barton Harry V Jr director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Brown Michael J officer: President - Regional Banking 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Davidson Wendy P director 2210 WEST OAKLAWN DRIVE SPRINGDALE AR 72762

First Horizon Headlines

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