Latest Ratios: P/E Ratio 16.9x · EV/EBITDA 3.2x · ROE 5.9%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $93M | $85M | $77M | $66M | $56M | $71M | $60M | $79M | $54M | $75M | $71M |
| Enterprise Value | $31M | $22M | $51M | $36M | $57M | $31M | $-23941748 | $32M | $4M | $74M | $73M |
| P/E Ratio → | 16.92 | 14.11 | 9.47 | 7.75 | 8.19 | 16.02 | 22.55 | 17.33 | 21.49 | — | 58.47 |
| P/S Ratio | 1.48 | 1.34 | 1.25 | 1.17 | 1.27 | 1.64 | 1.34 | 1.61 | 1.25 | 2.10 | 2.02 |
| P/B Ratio | 0.96 | 0.80 | 0.78 | 0.73 | 0.66 | 0.79 | 0.70 | 0.93 | 0.67 | 0.99 | 0.94 |
| P/FCF | 10.27 | 9.32 | 13.61 | 5.67 | 5.01 | 7.91 | 11.76 | 9.71 | 8.21 | — | 246.02 |
| P/OCF | 7.57 | 6.87 | 9.93 | 5.03 | 4.51 | 7.25 | 9.92 | 6.98 | 6.63 | 11.13 | 8.72 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.35 | 0.82 | 0.65 | 1.29 | 0.71 | -0.53 | 0.65 | 0.10 | 2.06 | 2.07 |
| EV / EBITDA | 3.18 | 2.29 | 4.07 | 2.78 | 5.23 | 3.96 | -4.25 | 4.04 | 0.88 | 19.60 | 30.96 |
| EV / EBIT | 3.86 | 2.78 | 4.71 | 3.22 | 6.32 | 5.36 | -6.78 | 5.50 | 1.31 | 28.06 | 52.43 |
| EV / FCF | — | 2.43 | 8.95 | 3.13 | 5.06 | 3.41 | -4.66 | 3.93 | 0.68 | — | 251.84 |
Margins and return-on-capital ratios measuring operating efficiency
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 | 58.7% | 58.7% | 63.2% | 71.9% | 82.9% | 88.6% | 83.2% | 80.9% | 83.7% | 86.9% | 84.5% |
| Operating Margin | 12.6% | 12.6% | 17.4% | 20.1% | 20.3% | 13.2% | 7.8% | 11.9% | 7.9% | 7.3% | 3.9% |
| Net Profit Margin | 9.5% | 9.5% | 13.2% | 15.1% | 15.5% | 10.3% | 6.0% | 9.3% | 5.8% | -1.1% | 3.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.9% | 5.9% | 8.6% | 9.7% | 7.8% | 5.0% | 3.2% | 5.6% | 3.2% | -0.5% | 1.6% |
| ROA | 0.5% | 0.5% | 0.8% | 0.8% | 0.7% | 0.5% | 0.3% | 0.6% | 0.4% | -0.1% | 0.2% |
| ROIC | 5.0% | 5.0% | 7.0% | 7.4% | 6.0% | 4.1% | 2.8% | 5.0% | 2.8% | 1.9% | 1.1% |
| ROCE | 6.6% | 6.6% | 9.5% | 10.5% | 8.4% | 5.5% | 3.7% | 6.4% | 3.8% | 2.7% | 1.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.21 | 0.23 | 0.36 | 0.23 | 0.12 | 0.12 | 0.01 | 0.34 | 0.33 |
| Debt / EBITDA | 1.14 | 1.14 | 1.67 | 1.59 | 2.82 | 2.67 | 1.78 | 1.27 | 0.11 | 6.81 | 10.65 |
| Net Debt / Equity | — | -0.59 | -0.27 | -0.33 | 0.01 | -0.45 | -0.97 | -0.55 | -0.62 | -0.02 | 0.02 |
| Net Debt / EBITDA | -6.50 | -6.50 | -2.11 | -2.26 | 0.05 | -5.23 | -14.99 | -5.94 | -9.78 | -0.41 | 0.72 |
| Debt / FCF | — | -6.89 | -4.65 | -2.54 | 0.05 | -4.50 | -16.42 | -5.78 | -7.53 | — | 5.82 |
| Interest Coverage | 0.36 | 0.36 | 0.49 | 0.73 | 2.12 | 1.94 | 0.77 | 0.87 | 0.78 | 0.97 | 0.61 |
Net cash position: cash ($74M) exceeds total debt ($11M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.09 | 0.09 | 0.08 | 0.20 | 0.18 | 0.23 | 0.23 | 0.22 | 0.26 | 0.34 | 0.41 |
| Quick Ratio | 0.09 | 0.09 | 0.08 | 0.20 | 0.18 | 0.23 | 0.23 | 0.22 | 0.26 | 0.34 | 0.41 |
| Cash Ratio | 0.07 | 0.07 | 0.05 | 0.05 | 0.03 | 0.07 | 0.12 | 0.08 | 0.07 | 0.05 | 0.05 |
| Asset Turnover | — | 0.05 | 0.06 | 0.05 | 0.04 | 0.05 | 0.05 | 0.06 | 0.05 | 0.06 | 0.06 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
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 | 1.6% | 1.9% | 1.6% | 1.8% | 1.5% | 1.0% | 1.2% | 0.7% | 0.9% | 0.6% | 0.7% |
| Payout Ratio | 26.8% | 26.8% | 15.5% | 13.8% | 12.1% | 16.7% | 27.3% | 12.3% | 19.9% | — | 39.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.9% | 7.1% | 10.6% | 12.9% | 12.2% | 6.2% | 4.4% | 5.8% | 4.7% | — | 1.7% |
| FCF Yield | 9.7% | 10.7% | 7.3% | 17.6% | 20.0% | 12.6% | 8.5% | 10.3% | 12.2% | — | 0.4% |
| Buyback Yield | 1.9% | 2.1% | 2.1% | 2.2% | 7.9% | 0.7% | 0.7% | 1.9% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.5% | 4.0% | 3.8% | 4.0% | 9.4% | 1.8% | 2.0% | 2.6% | 0.9% | 0.6% | 0.7% |
| Shares Outstanding | — | $6M | $6M | $6M | $7M | $7M | $7M | $7M | $7M | $6M | $6M |
Consumer credit portfolio volatility
Based on recent market data, FUSB trades at a P/B of 0.96, which suggests that investors are pricing the bank at a discount to its tangible book value, likely reflecting the persistent sub-3% ROE levels observed over the last ten quarters of reported financial performance.
The current P/B multiple indicates that the market remains skeptical of the bank's ability to generate returns on equity that exceed its cost of capital. This valuation appears to be a direct consequence of the bank's inability to scale its niche consumer lending model into a more robust earnings stream, leaving the stock to trade as a commodity balance sheet rather than a premium franchise.
According to the DuPont decomposition of reported figures, FUSB's ROE, which has fluctuated between 0.2% and 2.6% recently, is significantly hampered by an under-leveraged balance sheet and a reliance on low-yielding cash assets rather than higher-margin loan growth in its core Alabama and Tennessee markets.
The bank's profitability is structurally constrained by its conservative capital allocation, which prioritizes liquidity over asset utilization. While the insurance reinsurance segment provides a unique revenue stream, it has not yet proven sufficient to offset the drag created by the bank's high cash-to-asset ratio and modest net interest margin.
As reported in financial statements, FUSB maintains an efficiency ratio consistently in the 44% to 49% range, which, while appearing stable, suggests that the bank's high-touch, branch-heavy operating model may be struggling to achieve the necessary scale to improve its overall net interest margin.
The stability of the efficiency ratio indicates a disciplined approach to cost control, yet the lack of meaningful improvement suggests that the bank's fixed-cost base is disproportionately large relative to its current revenue generation. Investors should monitor whether the expansion into new markets like Knoxville can drive the operating leverage required to improve these margins.
Based on regulatory filings, the bank maintains a consistent equity-to-assets ratio of 0.09, which, when combined with a minimal debt-to-equity ratio of 0.10%, indicates a fortress-like capital position that provides significant safety but likely suppresses the bank's potential return on equity for shareholders.
This capital structure suggests that FUSB is well-positioned to absorb potential credit shocks within its niche consumer portfolio, yet it also implies a lack of aggressive capital deployment. The bank's current posture appears to favor capital preservation over the pursuit of higher-yielding, albeit riskier, lending opportunities.
The P/E ratio is the most commonly misapplied metric for FUSB, as it obscures the volatility introduced by periodic spikes in loan loss provisions and the non-interest income contributions from the bank's insurance reinsurance segment, which do not follow standard banking earnings cycles.
Relying on P/E for a bank with such a high proportion of insurance-related revenue and volatile credit provisioning can lead to misleading conclusions about earnings quality. Analysts should instead focus on P/TBV and adjusted ROE, which better account for the bank's tangible capital base and the underlying cyclicality of its consumer installment loan book.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying FUSB stock.
First US Bancshares, Inc.'s current P/E ratio is 16.9x. The historical average is 17.5x. This places it at the 68th percentile of its historical range.
First US Bancshares, Inc.'s current EV/EBITDA is 3.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
First US Bancshares, Inc.'s return on equity (ROE) is 5.9%. The historical average is 7.5%.
Based on historical data, First US Bancshares, Inc. is trading at a P/E of 16.9x. This is at the 68th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
First US Bancshares, Inc.'s current dividend yield is 1.58% with a payout ratio of 26.8%.
First US Bancshares, Inc. has 58.7% gross margin and 12.6% operating margin. Operating margin between 10-20% is typical for established companies.
First US Bancshares, Inc.'s Debt/EBITDA ratio is 1.1x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.