Southern First Bancshares, Inc. (SFST) Financial Ratios
27 years of historical data (1999–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
17.72
+8% vs avg
5yr avg: 16.47
30Y Low7.2·High80.3
P/FCF
↑
18.37
↑+41% vs avg
5yr avg: 13.02
30Y Low2.2·High41.4
P/B Ratio
↓
1.27
+4% vs avg
5yr avg: 1.22
30Y Low0.4·High3.0
ROE
↓
8.7%
-7% vs avg
5yr avg: 9.3%
30Y Low-7%·High18%
Debt/EBITDA
↑
5.97
↓-18% vs avg
5yr avg: 7.26
30Y Low0.6·High30.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SFST Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Southern First Bancshares, Inc. trades at 15.5x earnings, roughly in line with its 5-year average of 16.1x, sitting at the 48th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 14%. On a free-cash-flow basis, the stock trades at 18.4x P/FCF, 41% above the 5-year average of 13.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $549M | $417M | $323M | $300M | $369M | $499M | $277M | $330M | $248M | $306M | $242M |
| Enterprise Value | $786M | $654M | $553M | $574M | $511M | $455M | $259M | $438M | $275M | $343M | $348M |
| P/E Ratio → | 15.47 | 13.74 | 20.81 | 22.35 | 12.67 | 10.68 | 15.11 | 11.87 | 11.14 | 23.44 | 18.56 |
| P/S Ratio | 2.44 | 1.86 | 1.51 | 1.60 | 2.89 | 4.53 | 2.26 | 3.22 | 3.00 | 4.33 | 3.90 |
| P/B Ratio | 1.27 | 1.13 | 0.98 | 0.96 | 1.25 | 1.80 | 1.21 | 1.60 | 1.43 | 2.04 | 2.20 |
| P/FCF | 18.37 | 13.95 | 13.02 | 18.26 | 10.16 | 9.68 | 20.73 | 33.44 | 8.34 | 25.88 | 20.75 |
| P/OCF | 18.02 | 13.69 | 12.62 | 16.98 | 7.34 | 6.39 | 13.41 | 18.04 | 7.83 | 17.78 | 14.16 |
P/E links to full P/E history page with 30-year chart
SFST EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Southern First Bancshares, Inc.'s enterprise value stands at 17.7x EBITDA, 8% above its 5-year average of 16.5x. The Financial Services sector median is 11.4x, placing the stock at a 56% premium 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 | — | 2.91 | 2.59 | 3.06 | 4.00 | 4.13 | 2.12 | 4.26 | 3.32 | 4.87 | 5.61 |
| EV / EBITDA | 17.72 | 14.75 | 22.37 | 25.81 | 12.22 | 7.21 | 9.94 | 11.70 | 9.02 | 13.67 | 16.10 |
| EV / EBIT | 19.84 | 16.51 | 27.78 | 32.95 | 13.41 | 7.48 | 10.86 | 12.33 | 9.57 | 14.51 | 17.09 |
| EV / FCF | — | 21.89 | 22.33 | 34.99 | 14.05 | 8.82 | 19.38 | 44.30 | 9.23 | 29.07 | 29.85 |
SFST Profitability
Margins and return-on-capital ratios measuring operating efficiency
Southern First Bancshares, Inc. earns an operating margin of 17.6%, below the Financial Services sector average of 20.3%. Operating margins have expanded from 9.3% to 17.6% over the past 3 years, signaling improving operational efficiency. ROE of 8.7% is modest, trailing the sector median of 9.0%. ROIC of 4.8% represents below-average 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 | 51.3% | 51.3% | 43.8% | 46.0% | 79.5% | 106.3% | 63.5% | 73.0% | 77.7% | 82.5% | 83.1% |
| Operating Margin | 17.6% | 17.6% | 9.3% | 9.3% | 29.9% | 55.1% | 19.5% | 34.5% | 34.7% | 33.5% | 32.8% |
| Net Profit Margin | 13.5% | 13.5% | 7.3% | 7.2% | 22.8% | 42.4% | 15.0% | 27.1% | 26.9% | 18.5% | 21.0% |
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 | 8.7% | 8.7% | 4.8% | 4.4% | 10.2% | 18.5% | 8.4% | 14.7% | 13.8% | 10.1% | 12.8% |
| ROA | 0.7% | 0.7% | 0.4% | 0.3% | 0.9% | 1.7% | 0.8% | 1.3% | 1.3% | 0.9% | 1.0% |
| ROIC | 4.8% | 4.8% | 2.4% | 2.3% | 7.0% | 15.1% | 5.6% | 9.0% | 9.2% | 7.6% | 6.6% |
| ROCE | 5.9% | 5.9% | 3.0% | 2.8% | 8.3% | 17.3% | 6.5% | 11.0% | 11.6% | 9.6% | 8.5% |
SFST Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Southern First Bancshares, Inc. carries a Debt/EBITDA ratio of 6.0x, which is highly leveraged (40% above the sector average of 4.3x). Net debt stands at $237M ($265M total debt minus $28M cash). Interest coverage of just 0.4x 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 | 0.72 | 0.72 | 0.80 | 1.00 | 0.72 | 0.13 | 0.27 | 0.71 | 0.36 | 0.54 | 1.17 |
| Debt / EBITDA | 5.97 | 5.97 | 10.72 | 14.00 | 5.05 | 0.57 | 2.35 | 3.90 | 2.08 | 3.21 | 5.95 |
| Net Debt / Equity | — | 0.64 | 0.70 | 0.88 | 0.48 | -0.16 | -0.08 | 0.52 | 0.15 | 0.25 | 0.97 |
| Net Debt / EBITDA | 5.35 | 5.35 | 9.32 | 12.34 | 3.39 | -0.70 | -0.69 | 2.87 | 0.87 | 1.50 | 4.91 |
| Debt / FCF | — | 7.94 | 9.30 | 16.73 | 3.90 | -0.86 | -1.34 | 10.87 | 0.89 | 3.18 | 9.10 |
| Interest Coverage | 0.37 | 0.37 | 0.17 | 0.17 | 1.90 | 11.19 | 1.59 | 1.40 | 1.74 | 2.29 | 2.49 |
SFST Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.04x 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 | 0.04 | 0.04 | 0.01 | 0.01 | 0.05 | 0.08 | 0.08 | 0.06 | 0.07 | 0.08 | 0.08 |
| Quick Ratio | 0.04 | 0.04 | 0.01 | 0.01 | 0.05 | 0.08 | 0.08 | 0.06 | 0.07 | 0.08 | 0.08 |
| Cash Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.04 | 0.02 | 0.02 | 0.03 | 0.02 |
| Asset Turnover | — | 0.05 | 0.05 | 0.05 | 0.03 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
SFST Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Southern First Bancshares, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 6.5% (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 | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
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 | 6.5% | 7.3% | 4.8% | 4.5% | 7.9% | 9.4% | 6.6% | 8.4% | 9.0% | 4.3% | 5.4% |
| FCF Yield | 5.4% | 7.2% | 7.7% | 5.5% | 9.8% | 10.3% | 4.8% | 3.0% | 12.0% | 3.9% | 4.8% |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $7M | $7M |
Peer Comparison
Compare SFST 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 |
|---|---|---|---|---|---|---|---|---|---|
 SFSTYou | $549M | 15.5 | 17.7 | 18.4 | 51.3% | 17.6% | 8.7% | 4.8% | 6.0 |
 GSBC | $846M | 12.0 | 13.2 | 12.8 | 66.9% | 25.4% | 11.5% | 7.2% | 4.6 |
 HBCP | $519M | 11.3 | 7.5 | 11.7 | 70.5% | 27.7% | 11.1% | 7.7% | 1.0 |
 CBAN | $385M | 12.9 | 17.8 | — | 66.4% | 18.9% | 8.6% | 4.5% | 7.6 |
 NBTB | $2B | 14.0 | 10.7 | 11.1 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 SMBC | $805M | 14.0 | 9.0 | 10.7 | 57.7% | 24.2% | 11.3% | 8.5% | 1.7 |
 FFIN | $5B | 18.5 | 11.4 | 15.3 | 71.8% | 37.5% | 14.4% | 12.4% | 0.1 |
 GABC | $2B | 14.7 | 12.9 | 11.0 | 70.2% | 28.7% | 12.0% | 9.3% | 1.3 |
 SFNC | $3B | -7.4 | — | 7.5 | 5.8% | -84.2% | -11.4% | -9.1% | — |
 BMRC | $416M | 9.5 | 4.8 | 11.3 | 76.1% | 29.2% | 10.5% | 8.4% | 1.3 |
 SRCE | $2B | 11.9 | 10.0 | 8.8 | 70.3% | 34.2% | 12.7% | 9.7% | 1.6 |
| 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 →
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Includes 30+ ratios · 27 years · Updated daily
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SFST — Frequently Asked Questions
Quick answers to the most common questions about buying SFST stock.
What is Southern First Bancshares, Inc.'s P/E ratio?
Southern First Bancshares, Inc.'s current P/E ratio is 15.5x. The historical average is 20.8x. This places it at the 48th percentile of its historical range.
What is Southern First Bancshares, Inc.'s EV/EBITDA?
Southern First Bancshares, Inc.'s current EV/EBITDA is 17.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 30.0x.
What is Southern First Bancshares, Inc.'s ROE?
Southern First Bancshares, Inc.'s return on equity (ROE) is 8.7%. The historical average is 7.3%.
Is SFST stock overvalued?
Based on historical data, Southern First Bancshares, Inc. is trading at a P/E of 15.5x. This is at the 48th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Southern First Bancshares, Inc.'s profit margins?
Southern First Bancshares, Inc. has 51.3% gross margin and 17.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Southern First Bancshares, Inc. have?
Southern First Bancshares, Inc.'s Debt/EBITDA ratio is 6.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.