First National Financials

FN Stock  CAD 44.04  0.07  0.16%   
Financial data analysis helps to check if markets are presently mispricing First National Financial. We were able to interpolate and analyze data for thirty-nine available fundamental indicators for First National Financial, which can be compared to its peers. The stock experiences a normal upward fluctuation. Check odds of First National to be traded at C$46.24 in 90 days. Key indicators impacting First National's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.520.3364
Way Up
Slightly volatile
Return On Assets0.00520.0055
Notably Down
Slightly volatile
Return On Equity0.240.3427
Way Down
Very volatile
Debt Equity Ratio45.9154.9805
Fairly Down
Slightly volatile
Operating Income578.5 M550.9 M
Sufficiently Up
Slightly volatile
Current Ratio1.440.92
Way Up
Pretty Stable
  
Understanding current and past First National Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First National's financial statements are interrelated, with each one affecting the others. For example, an increase in First National's assets may result in an increase in income on the income statement.

First National Stock Summary

First National competes with Exchange Income, Atrium Mortgage, Equitable, Timbercreek Financial, and Fiera Capital. First National Financial Corporation, through its subsidiaries, originates, underwrites, and services residential and commercial mortgages in Canada. The company was founded in 1988 and is headquartered in Toronto, Canada. FIRST NATIONAL operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. It employs 1131 people.
Foreign Associate
  USA
Specialization
Financial Services, Mortgage Finance
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA33564P1036
Business Address16 York Street,
SectorThrifts & Mortgage Finance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.firstnational.ca
Phone416 593 1100
CurrencyCAD - Canadian Dollar
You should never invest in First National without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Stock, because this is throwing your money away. Analyzing the key information contained in First National's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

First National Key Financial Ratios

First National's financial ratios allow both analysts and investors to convert raw data from First National's financial statements into concise, actionable information that can be used to evaluate the performance of First National over time and compare it to other companies across industries.

First National Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets37.7B39.5B42.3B43.8B46.0B25.1B
Other Current Liab(59.5M)(52.4M)50.2M52.6M(47.4M)(45.0M)
Accounts Payable57.8M58.2M51.2M222.4M255.7M268.5M
Net Receivables173.1M182.1M170.7M197.8M478.1M502.0M
Total Liab37.1B38.9B36.9B38.4B45.2B24.1B
Total Current Assets165.6M159.1M117.8M146.6M(2.6B)(2.4B)
Net Debt33.4B35.4B37.0B38.5B40.6B28.6B
Retained Earnings345.0M384.0M365.0M418.2M477.8M312.1M
Inventory1.3B1.2B1.3B1.1B1.3B871.8M
Other Current Assets799.2M807.5M951.9M790.8M(1.2B)(1.1B)
Other Assets35.6B37.1B42.0B43.5B46.0B24.5B
Other Liab82.3M67.1M88M149.4M171.8M180.4M
Net Tangible Assets434.5M443.6M450.2M571.8M657.6M435.0M
Long Term Debt33.4B35.3B36.9B38.4B40.6B33.9B
Cash(7.5M)(22.9M)(52.9M)(51.2M)702.4M737.5M
Long Term Debt Total33.4B35.4B37.0B38.4B44.2B35.4B
Net Invested Capital33.9B35.8B37.4B39.0B41.2B39.1B

First National Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense816.8M761.4M679.2M875.3M1.3B1.3B
Total Revenue407.2M459.9M513.6M699.0M751.4M789.0M
Gross Profit(482.4M)(464.9M)(391.2M)(290.8M)(589.2M)(559.8M)
Operating Income241.7M258.7M263.8M252.4M550.9M578.5M
Ebit(692.4M)(704.0M)(743.5M)(725.0M)497.3M522.2M
Ebitda249.5M319.6M321.9M266.0M511.5M537.0M
Net Income177.2M190.2M194.6M197.7M252.8M134.6M
Income Tax Expense64.5M68.5M69.3M71.4M91.1M48.3M
Income Before Tax241.7M258.7M263.8M269.1M343.9M194.4M
Cost Of Revenue889.5M924.8M904.8M989.8M1.3B671.8M
Tax Provision64.5M68.5M69.3M71.4M91.1M74.9M
Net Interest Income60.9M76.2M114.3M33.3M63.2M62.8M
Interest Income877.7M837.6M793.5M908.6M1.3B940.8M

First National Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash120.6M114.9M(282.6M)(100.4M)(17.1M)(18.0M)
Free Cash Flow452.8M(254.5M)(434.9M)496.8M(109.7M)(104.2M)
Other Non Cash Items(47.9M)(232.5M)(87.2M)(233.0M)(143.2M)(150.3M)
Dividends Paid147.2M150.6M212.3M144.0M192.9M114.7M
Capital Expenditures5.9M3.6M32.0M12.4M6.2M5.7M
Net Income177.2M190.2M194.6M197.7M252.8M135.2M
Depreciation7.8M7.7M9.2M13.6M14.2M10.0M
End Period Cash Flow(797.8M)(682.8M)(965.4M)(1.1B)(1.1B)(1.0B)
Net Borrowings8.7M370.7M345.4M(412.7M)(371.4M)(352.9M)
Change To Netincome(76.8M)(163.0M)(98.9M)(196.1M)(176.5M)(167.7M)
Investments(199.6M)145.8M(12.7M)(52.9M)(77.4M)(73.6M)

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First National's current stock value. Our valuation model uses many indicators to compare First National value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First National competition to find correlations between indicators driving First National's intrinsic value. More Info.
First National Financial is rated # 2 in return on equity category among its peers. It is rated # 5 in return on asset category among its peers reporting about  0.02  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First National Financial is roughly  61.31 . At this time, First National's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value First National by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First National's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

First National Financial Systematic Risk

First National's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First National volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on First National Financial correlated with the market. If Beta is less than 0 First National generally moves in the opposite direction as compared to the market. If First National Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First National Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First National is generally in the same direction as the market. If Beta > 1 First National moves generally in the same direction as, but more than the movement of the benchmark.

First National Financial Total Assets Over Time

Today, most investors in First National Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First National's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First National growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.31

At this time, First National's Price Earnings To Growth Ratio is very stable compared to the past year.

First National December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First National help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First National Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of First National Financial based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First National's daily price indicators and compare them against related drivers.

Other Information on Investing in First Stock

First National financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First National security.