First National Financial Corp
TSX:FN

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First National Financial Corp
TSX:FN
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Price: 39.46 CAD -1.35% Market Closed
Market Cap: 2.4B CAD

Relative Value

The Relative Value of one FN stock under the Base Case scenario is 95.49 CAD. Compared to the current market price of 39.46 CAD, First National Financial Corp is Undervalued by 59%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FN Relative Value
Base Case
95.49 CAD
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
75
Median 3Y
1.3
Median 5Y
1.3
Industry
3.1
Forward
2.5
vs History
22
vs Industry
39
Median 3Y
10.8
Median 5Y
10.7
Industry
14.6
Forward
9.6
vs History
vs Industry
22
Median 3Y
1.9
Median 5Y
1.8
Industry
9.9
vs History
vs Industry
33
Median 3Y
-3.8
Median 5Y
-3.9
Industry
12.2
vs History
49
vs Industry
17
Median 3Y
3.1
Median 5Y
3.3
Industry
1.3
vs History
88
vs Industry
8
Median 3Y
26.9
Median 5Y
29.1
Industry
4.7
Forward
55.7
vs History
31
vs Industry
3
Median 3Y
84.3
Median 5Y
85.3
Industry
6.8
vs History
14
vs Industry
4
Median 3Y
157.6
Median 5Y
155.2
Industry
13.9
Forward
9 347.8
vs History
14
vs Industry
2
Median 3Y
164
Median 5Y
162.3
Industry
14.3
vs History
vs Industry
1
Median 3Y
36.9
Median 5Y
36.9
Industry
11.8
vs History
vs Industry
1
Median 3Y
37.2
Median 5Y
37.2
Industry
12.7
vs History
63
vs Industry
34
Median 3Y
1
Median 5Y
1
Industry
0.9

Multiples Across Competitors

FN Competitors Multiples
First National Financial Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
First National Financial Corp
TSX:FN
2.4B CAD 1.1 11.9 179.6 189.3
US
Rocket Companies Inc
NYSE:RKT
26.7B USD 4.9 908.8 27.2 29.5
US
UWM Holdings Corp
NYSE:UWMC
9.1B USD 3.4 629.1 15.4 15.9
US
Federal National Mortgage Association
OTC:FNMA
8.5B USD 0.1 2 833.5 215.4 215.4
US
Mr Cooper Group Inc
NASDAQ:COOP
6.8B USD 3.1 10.2 18.9 19.7
US
MGIC Investment Corp
NYSE:MTG
6B USD 5 7.9 6.3 6.4
BM
Essent Group Ltd
NYSE:ESNT
6B USD 4.8 8.2 7.1 7.2
US
PennyMac Financial Services Inc
NYSE:PFSI
5.3B USD 2.2 16.9 40.9 46.6
US
Enact Holdings Inc
NASDAQ:ACT
5.2B USD 4.4 7.6 5.7 5.7
US
Radian Group Inc
NYSE:RDN
4.8B USD 3.7 8 7.2 7.8
US
New York Community Bancorp Inc
NYSE:NYCB
4.5B USD 1.4 -1.4 58.1 0