First Financial Corporation (THFF)
Valuation Overview•Is First Financial Corporation Overvalued or Undervalued?
Trading at a relative discount to industry peers, suggesting a specific risk premium is applied.
Moderate quality score of 59/100, reflecting stable operating margins and manageable leverage.
Analysts remain cautious, with consensus price targets indicating limited room for upside expansion.
Verdict: Average quality business weighed down by significant solvency concerns.
Wall Street is cautious, forecasting potential downside with steady expected earnings growth. This is paired with healthy capital returns, anchored by a strong, well-covered dividend yield.
THFF demonstrates strong business quality with robust profitability and healthy margins. However, this is severely offset by a highly leveraged balance sheet (Debt/EBITDA > 4.0x) and elevated financial risk.
The company maintains stable top-line performance paired with stable bottom-line earnings. This growth is supported by elite operational efficiency, sustaining an impressive 27.8% operating margin.
| Financial Metric | Trend (12Q) | Latest Qtr | 1Y Growth | 3Y CAGR | 5Y CAGR | 10Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $77.9M | +6.2% | — | — | +8.2% | |
| EBITDA | $13.5M | — | +4.9% | — | — | |
| Net Income | $19.8M | +67.5% | +3.7% | — | +10.1% | |
| EPS (Diluted) | $1.67 | +67.0% | +4.7% | +11.2% | +11.0% | |
| Free Cash Flow | $21.9M | +59.3% | +3.8% | +3.3% | — |
| Metric | TTM | 3Y Avg | 5Y Avg | 10Y Avg |
|---|---|---|---|---|
| Gross Margin | 77.9% | 72.7% | 81.0% | 85.9% |
| Operating Margin | 27.8% | 25.3% | 29.5% | 31.8% |
| Net Margin | 25.1% | 20.7% | 24.0% | 24.5% |
| FCF Margin | 28.3% | 24.5% | 26.7% | 28.5% |
| Quarter | EPS Est. | EPS Act. | Surprise | EPS | Rev |
|---|---|---|---|---|---|
| Q2'26Latest | $1.64 | $1.67 | +1.8% | ||
| Q1'26 | $1.69 | $1.81 | +7.1% | ||
| Q4'25 | $1.61 | $1.75 | +8.7% | ||
| Q3'25 | $1.43 | $1.57 | +9.8% | ||
| Q2'25 | $1.29 | $1.55 | +20.2% | ||
| Q1'25 | $1.29 | $1.37 | +6.2% | ||
| Q4'24 | $0.91 | $0.74 | -18.7% | ||
| Q3'24 | $0.96 | $0.96 | +0.0% |
Total return is +48.1% (1Y), outperforming the benchmark by +27.3%
| Period | Total Return | vs S&P 500 (Alpha) | Dividend Contribution |
|---|---|---|---|
| YTD | +29.8% | +22.4% | — |
| 1Y | +48.1% | +27.3% | +4.0% |
| 3YCAGR | +35.8% | +16.3% | +15.3% |
| 5YCAGR | +14.5% | +2.9% | +17.4% |
| 10YCAGR | +9.7% | -4.5% | — |
The S&P 500 is at 30.5x trailing P/E — Expensive relative to historical averages.
Quick answers to common questions about First Financial Corporation (THFF) valuation, health, and returns.
Based on peer relative multiples, First Financial Corporation appears Slightly cheap versus peers compared to industry peers.
First Financial Corporation has multiple valuation anchors: Peer Relative Fair Value: $83.80 | Wall Street Analyst Target: $50.00 (implying -34.3% upside). A convergence of these signals offers higher conviction.
First Financial Corporation displays fair financial health with a composite quality score of 59/100, supported by a Piotroski F-Score of 7/9, Return on Invested Capital (ROIC) of 7.9%.
First Financial Corporation pays a 2.7% dividend yield, covered by a 31% payout ratio with 12 years of growth, supplemented by a 0.1% buyback yield.
First Financial Corporation's current growth trajectory is Stable. The company achieved +6.2% 1Y revenue growth and +67.0% 1Y EPS growth, compared to its 3Y revenue CAGR of N/A.
Wall Street consensus is Hold based on 4 analysts, beating EPS expectations in 67% of recent quarters with a 6-quarter streak. The consensus price target represents a -34.3% change from current levels.
Investment risks for First Financial Corporation include: -14.0% 1-year max drawdown. Volatility risk is characterized by a beta of 0.76x.
No. These computations are purely quantitative model outputs for informational purposes. They do not account for qualitative management shifts or macro events. Always consult a licensed RIA before buying or selling shares.
Disclaimer: This page is for informational purposes only and does not constitute financial advice. All valuation models, scores, and target estimates are automated computations under stated assumptions and should not be relied upon as the sole basis for any investment decision.