Company Valuation: First Bancorp

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 1,627 1,530 1,521 1,818 2,106 2,536 -
Change - -5.99% -0.6% 19.53% 15.86% 20.43% -
Enterprise Value (EV) 1,627 1,530 1,521 1,818 2,106 2,536 2,536
Change - -5.99% -0.6% 19.53% 15.86% 20.43% 0%
P/E Ratio 14.3x 10.4x 14.6x 23.9x 19x 13.2x 12.3x
PBR 1.32x 1.48x 1.11x 1.26x 1.27x 1.4x 1.28x
PEG - 0.4x -0.4x -0.9x 0.4x 0.2x 1.73x
Capitalization / Revenue 5.03x 3.87x 3.76x 5.15x 4.59x 4.97x 4.65x
EV / Revenue 0x 0x 0x 0x 0x 4.97x 4.65x
EV / EBITDA - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.49x 8.66x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 0.8 0.88 0.88 0.88 0.91 0.96 1.002
Rate of return 1.75% 2.05% 2.38% 2% 1.79% 1.57% 1.63%
EPS 2 3.19 4.12 2.53 1.84 2.68 4.654 4.984
Distribution rate 25.1% 21.4% 34.8% 47.8% 34% 20.6% 20.1%
Net sales 1 323.5 395.6 404.1 353.2 458.7 510.4 545.1
EBITDA - - - - - - -
EBIT 1 138.8 200.4 149.8 117.5 152.4 267.2 292.9
Net income 1 95.64 146.9 104.1 76.22 111 192.9 206.6
Net Debt - - - - - - -
Reference price 2 45.72 42.84 37.01 43.97 50.79 61.30 61.30
Nbr of stocks (in thousands) 35,595 35,712 41,091 41,342 41,465 41,375 -
Announcement Date 1/26/22 1/24/23 1/24/24 1/29/25 1/21/26 - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.17x - - 1.57% 2.54B
14.05x - - 2.01% 840B
12.33x - - 2.14% 391B
5.85x - - 5.29% 382B
5.71x - - 5.35% 300B
10.89x - - 4.75% 302B
6.12x - - 5.09% 276B
17.5x - - 2.44% 276B
11.8x - - 2.28% 252B
16.05x - - 2.41% 221B
Average 11.35x 3.33% 324.25B
Weighted average by Cap. 11.39x 3.32%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation First Bancorp
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