First National Financial Corp
TSX:FN

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First National Financial Corp
TSX:FN
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Price: 40.21 CAD -0.25% Market Closed
Market Cap: 2.4B CAD

Relative Value

The Relative Value of one FN stock under the Base Case scenario is 69.7 CAD. Compared to the current market price of 40.21 CAD, First National Financial Corp is Undervalued by 42%.

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
69.7 CAD
Undervaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
75
Median 3Y
1.2
Median 5Y
1.3
Industry
3.1
Forward
2.7
vs History
1
vs Industry
39
Median 3Y
10.8
Median 5Y
10.8
Industry
15
Forward
9.9
vs History
vs Industry
22
Median 3Y
1.9
Median 5Y
-3
Industry
9.9
vs History
vs Industry
33
Median 3Y
-3.5
Median 5Y
-3.9
Industry
12.5
vs History
31
vs Industry
17
Median 3Y
3.1
Median 5Y
3.3
Industry
1.3
vs History
74
vs Industry
8
Median 3Y
24.4
Median 5Y
28.9
Industry
4.7
Forward
59.8
vs History
7
vs Industry
3
Median 3Y
84.4
Median 5Y
85.3
Industry
6.9
vs History
0
vs Industry
4
Median 3Y
157.6
Median 5Y
157.6
Industry
13.9
Forward
9 927.2
vs History
0
vs Industry
2
Median 3Y
164
Median 5Y
164
Industry
14.2
vs History
vs Industry
1
Median 3Y
36.9
Median 5Y
-60.3
Industry
12.1
vs History
vs Industry
1
Median 3Y
37.2
Median 5Y
-58.9
Industry
13
vs History
58
vs Industry
34
Median 3Y
1
Median 5Y
1
Industry
1

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 13.8 209.4 221.2
US
Rocket Companies Inc
NYSE:RKT
27.5B USD 5.4 9 930.5 43.1 49
US
Federal National Mortgage Association
OTC:FNMA
11.5B USD 0.1 3 833.3 215.6 215.6
US
Mr Cooper Group Inc
NASDAQ:COOP
9.3B USD 4.2 16.1 23.6 25.2
US
MGIC Investment Corp
NYSE:MTG
6.5B USD 5.3 8.4 6.7 6.8
US
UWM Holdings Corp
NYSE:UWMC
6.3B USD 2.3 -792.8 13 13.5
BM
Essent Group Ltd
NYSE:ESNT
6.1B USD 4.8 8.4 7.1 7.2
US
Enact Holdings Inc
NASDAQ:ACT
5.4B USD 4.4 7.8 5.9 5.9
US
Federal Home Loan Mortgage Corp
OTC:FMCC
5.3B USD 0 -97.6 28.6 28.6
US
Radian Group Inc
NYSE:RDN
4.9B USD 3.8 8.2 7.4 8.2
US
PennyMac Financial Services Inc
NYSE:PFSI
4.9B USD 1.9 14 33.8 39