Primis Financial Corp. (FRST) Financial Ratios
22 years of historical data (2004–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
6.89
↓-38% vs avg
5yr avg: 11.19
30Y Low1.1·High90.9
P/FCF
↑
42.25
↑+100% vs avg
5yr avg: 21.16
30Y Low5.6·High127.5
P/B Ratio
↓
0.90
+12% vs avg
5yr avg: 0.81
30Y Low0.6·High1.6
ROE
↑
15.6%
↓+278% vs avg
5yr avg: 4.1%
30Y Low-11%·High16%
Debt/EBITDA
↓
3.61
↓-58% vs avg
5yr avg: 8.51
30Y Low3.6·High27.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FRST Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Primis Financial Corp. trades at 6.2x earnings, 51% below its 5-year average of 12.8x, sitting at the 6th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a discount of 54%. On a free-cash-flow basis, the stock trades at 42.2x P/FCF, 100% above the 5-year average of 21.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $382M | $343M | $288M | $313M | $292M | $370M | $295M | $398M | $321M | $300M | $203M |
| Enterprise Value | $500M | $462M | $352M | $396M | $647M | $51M | $338M | $565M | $532M | $684M | $251M |
| P/E Ratio → | 6.20 | 5.59 | — | — | 20.79 | 11.94 | 12.61 | 12.02 | 9.51 | 123.31 | 19.69 |
| P/S Ratio | 1.22 | 1.10 | 1.13 | 1.31 | 2.06 | 2.99 | 2.25 | 3.05 | 2.52 | 3.38 | 4.01 |
| P/B Ratio | 0.90 | 0.81 | 0.79 | 0.79 | 0.75 | 0.90 | 0.76 | 1.05 | 0.92 | 0.93 | 1.61 |
| P/FCF | 42.25 | 38.01 | 15.70 | 11.62 | 25.59 | 14.88 | 11.75 | 11.15 | 8.13 | 12.93 | 11.35 |
| P/OCF | 35.44 | 31.89 | 14.74 | 10.84 | 23.51 | 13.55 | 11.26 | 10.82 | 7.74 | 12.18 | 11.26 |
P/E links to full P/E history page with 30-year chart
FRST EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Primis Financial Corp.'s enterprise value stands at 6.9x EBITDA, 38% below its 5-year average of 11.2x. The Financial Services sector median is 11.4x, placing the stock at a 39% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.48 | 1.38 | 1.66 | 4.57 | 0.41 | 2.58 | 4.34 | 4.17 | 7.72 | 4.95 |
| EV / EBITDA | 6.89 | 6.37 | — | — | 26.12 | 1.08 | 12.58 | 12.23 | 10.49 | 33.84 | 15.29 |
| EV / EBIT | 6.89 | 6.37 | — | — | 37.33 | 1.30 | 18.09 | 14.86 | 12.28 | 43.89 | 16.27 |
| EV / FCF | — | 51.14 | 19.19 | 14.71 | 56.64 | 2.06 | 13.48 | 15.86 | 13.47 | 29.51 | 14.02 |
FRST Profitability
Margins and return-on-capital ratios measuring operating efficiency
Primis Financial Corp. earns an operating margin of 23.2%, above the Financial Services sector average of 20.3%. Operating margins have expanded from -4.7% to 23.2% over the past 3 years, signaling improving operational efficiency. ROE of 15.6% indicates solid capital efficiency, compared to the sector median of 9.0%. ROIC of 9.2% represents adequate returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 67.6% | 67.6% | 38.1% | 46.8% | 76.8% | 89.3% | 65.3% | 72.6% | 76.9% | 73.4% | 73.3% |
| Operating Margin | 23.2% | 23.2% | -11.4% | -4.7% | 12.2% | 32.0% | 14.2% | 29.2% | 34.0% | 17.6% | 30.4% |
| Net Profit Margin | 19.7% | 19.7% | -6.4% | -3.3% | 10.0% | 25.2% | 17.5% | 25.4% | 26.4% | 2.7% | 20.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.6% | 15.6% | -4.3% | -2.0% | 3.5% | 7.8% | 6.0% | 9.1% | 10.0% | 1.1% | 8.4% |
| ROA | 1.6% | 1.6% | -0.4% | -0.2% | 0.4% | 1.0% | 0.8% | 1.2% | 1.3% | 0.1% | 0.9% |
| ROIC | 9.2% | 9.2% | -4.1% | -1.2% | 1.8% | 4.7% | 2.3% | 4.9% | 4.9% | 2.5% | 5.4% |
| ROCE | 6.1% | 6.1% | -5.3% | -1.6% | 2.4% | 6.2% | 3.4% | 8.6% | 10.6% | 5.8% | 11.2% |
FRST Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Primis Financial Corp. carries a Debt/EBITDA ratio of 3.6x, which is moderately leveraged (15% below the sector average of 4.3x). Net debt stands at $119M ($262M total debt minus $144M cash). Interest coverage of just 0.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.62 | 0.62 | 0.35 | 0.40 | 1.11 | 0.51 | 0.61 | 0.53 | 0.69 | 1.26 | 0.75 |
| Debt / EBITDA | 3.61 | 3.61 | — | — | 17.46 | 4.44 | 8.90 | 4.32 | 4.71 | 20.19 | 5.80 |
| Net Debt / Equity | — | 0.28 | 0.18 | 0.21 | 0.91 | -0.77 | 0.11 | 0.44 | 0.61 | 1.19 | 0.38 |
| Net Debt / EBITDA | 1.63 | 1.63 | — | — | 14.32 | -6.69 | 1.61 | 3.63 | 4.16 | 19.01 | 2.91 |
| Debt / FCF | — | 13.13 | 3.49 | 3.09 | 31.05 | -12.82 | 1.73 | 4.70 | 5.34 | 16.58 | 2.66 |
| Interest Coverage | 0.82 | 0.82 | -0.27 | -0.12 | 0.80 | 2.08 | 0.72 | 1.03 | 1.56 | 0.99 | 1.78 |
FRST Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.07x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.07 | 0.07 | 0.08 | 0.09 | 0.12 | 0.29 | 0.15 | 0.09 | 0.08 | 0.08 | 0.05 |
| Quick Ratio | 0.07 | 0.07 | 0.08 | 0.09 | 0.12 | 0.29 | 0.15 | 0.09 | 0.08 | 0.08 | 0.05 |
| Cash Ratio | 0.07 | 0.07 | 0.02 | 0.02 | 0.03 | 0.19 | 0.08 | 0.01 | 0.01 | 0.01 | 0.05 |
| Asset Turnover | — | 0.08 | 0.07 | 0.06 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.03 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
FRST Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Primis Financial Corp. returns 2.8% to shareholders annually — split between a 2.6% dividend yield and 0.2% buyback yield. The payout ratio of 16.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 16.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.6% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 16.1% | 16.1% | — | — | 69.6% | 31.5% | 42.4% | 26.2% | 22.8% | 239.1% | 38.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 16.1% | 17.9% | — | — | 4.8% | 8.4% | 7.9% | 8.3% | 10.5% | 0.8% | 5.1% |
| FCF Yield | 2.4% | 2.6% | 6.4% | 8.6% | 3.9% | 6.7% | 8.5% | 9.0% | 12.3% | 7.7% | 8.8% |
| Buyback Yield | 0.2% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 2.8% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $25M | $25M | $25M | $25M | $25M | $24M | $24M | $24M | $19M | $12M |
Peer Comparison
Compare FRST with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FRSTYou | $382M | 6.2 | 6.9 | 42.2 | 67.6% | 23.2% | 15.6% | 9.2% | 3.6 |
 NBTB | $2B | 14.0 | 10.7 | 11.1 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 UVSP | $1B | 13.2 | 8.2 | 12.2 | 61.0% | 21.9% | 9.9% | 6.5% | 2.9 |
 CZWI | $205M | 14.6 | 15.6 | 19.8 | 54.7% | 7.0% | 7.9% | 2.0% | 5.8 |
 MNSB | $176M | 13.6 | 11.5 | 16.5 | 54.4% | 14.0% | 7.3% | 5.0% | 3.7 |
 NKSH | $225M | 14.2 | 11.4 | 14.8 | 65.1% | 22.5% | 9.3% | 8.4% | 0.1 |
 CARE | $686M | 22.1 | 19.0 | 21.6 | 61.7% | 15.7% | 7.8% | 5.7% | 4.5 |
 FXNC | $265M | 15.0 | 6.7 | 12.6 | 74.0% | 19.6% | 10.0% | 7.7% | 1.9 |
 BCML | $344M | 14.5 | 9.4 | 11.9 | 68.4% | 23.2% | 7.2% | 6.4% | 0.6 |
 ICE | $76B | 23.2 | 14.8 | 17.7 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
 FIS | $20B | 50.9 | 6.4 | 7.0 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 22 years · Updated daily
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FRST — Frequently Asked Questions
Quick answers to the most common questions about buying FRST stock.
What is Primis Financial Corp.'s P/E ratio?
Primis Financial Corp.'s current P/E ratio is 6.2x. The historical average is 27.2x. This places it at the 6th percentile of its historical range.
What is Primis Financial Corp.'s EV/EBITDA?
Primis Financial Corp.'s current EV/EBITDA is 6.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 21.5x.
What is Primis Financial Corp.'s ROE?
Primis Financial Corp.'s return on equity (ROE) is 15.6%. The historical average is 3.9%.
Is FRST stock overvalued?
Based on historical data, Primis Financial Corp. is trading at a P/E of 6.2x. This is at the 6th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Primis Financial Corp.'s dividend yield?
Primis Financial Corp.'s current dividend yield is 2.59% with a payout ratio of 16.1%.
What are Primis Financial Corp.'s profit margins?
Primis Financial Corp. has 67.6% gross margin and 23.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Primis Financial Corp. have?
Primis Financial Corp.'s Debt/EBITDA ratio is 3.6x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.