First Historical Financial Ratios
| FHN Stock | USD 21.13 0.04 0.19% |
First Horizon is recently reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.87 or Days Sales Outstanding of 21.02 will help investors to properly organize and evaluate First Horizon National financial condition quickly.
First |
About First Financial Ratios Analysis
First Horizon NationalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate First Horizon investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on First financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across First Horizon history.
First Horizon Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing First Horizon National stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First Horizon sales, a figure that is much harder to manipulate than other First Horizon National multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is First Horizon National dividend as a percentage of First Horizon stock price. First Horizon National dividend yield is a measure of First Horizon stock productivity, which can be interpreted as interest rate earned on an First Horizon investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Return On Equity
Return on Equity is the amount of First Horizon National net income returned as a percentage of First Horizon equity. Return on equity measures First Horizon profitability by revealing how much profit First Horizon National generates with the money shareholders have invested. A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity.Most ratios from First Horizon's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into First Horizon National current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, First Horizon's EV To Operating Cash Flow is very stable compared to the past year. As of the 30th of November 2024, PE Ratio is likely to grow to 13.07, while Price To Sales Ratio is likely to drop 1.96.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.041 | 0.0272 | 0.0356 | Price To Sales Ratio | 2.91 | 4.08 | 1.96 |
First Horizon fundamentals Correlations
Click cells to compare fundamentals
First Horizon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Horizon fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 2.26 | 2.86 | 1.75 | 2.91 | 4.08 | 1.96 | |
| Dividend Yield | 0.0341 | 0.0433 | 0.041 | 0.0272 | 0.0445 | 0.0356 | |
| Book Value Per Share | 16.18 | 19.22 | 15.54 | 15.98 | 15.95 | 8.75 | |
| Operating Cash Flow Per Share | 2.65 | 0.4 | 1.36 | 4.32 | 2.23 | 1.5 | |
| Stock Based Compensation To Revenue | 0.0125 | 0.0101 | 0.014 | 0.0234 | 0.0121 | 0.011 | |
| Ev To Sales | 3.92 | (0.0546) | (1.11) | 4.6 | 3.78 | 2.34 | |
| Free Cash Flow Per Share | 2.49 | 0.26 | 1.26 | 4.27 | 2.17 | 1.3 | |
| Roic | 0.16 | 0.0567 | 0.0712 | 0.0841 | 0.0924 | 0.0538 | |
| Net Income Per Share | 1.68 | 1.41 | 1.96 | 1.83 | 1.54 | 0.82 | |
| Sales General And Administrative To Revenue | 0.42 | 0.33 | 0.39 | 0.34 | 0.43 | 0.32 | |
| Capex To Revenue | 0.027 | 0.0184 | 0.0173 | 0.008725 | 0.0124 | 0.0118 | |
| Cash Per Share | 17.73 | 40.73 | 45.32 | 23.22 | 16.14 | 9.94 | |
| Pocfratio | 18.22 | 6.26 | 32.06 | 12.04 | 5.67 | 6.67 | |
| Interest Coverage | 1.39 | 3.9 | 7.23 | 4.77 | 0.57 | 0.54 | |
| Payout Ratio | 0.27 | 0.4 | 0.28 | 0.37 | 0.41 | 0.34 | |
| Capex To Operating Cash Flow | 0.0592 | 0.34 | 0.0715 | 0.0121 | 0.0285 | 0.0299 | |
| Pfcf Ratio | 6.65 | 48.37 | 12.97 | 5.74 | 6.54 | 8.96 | |
| Income Quality | 1.84 | 0.2 | 0.73 | 2.53 | 1.45 | 1.52 | |
| Roe | 0.0386 | 0.12 | 0.0922 | 0.11 | 0.0997 | 0.13 | |
| Ev To Operating Cash Flow | 8.58 | (1.0) | (4.61) | 6.39 | 8.68 | 9.12 | |
| Pe Ratio | 11.78 | 6.53 | 8.93 | 14.56 | 9.19 | 13.07 | |
| Return On Tangible Assets | 0.0106 | 0.0103 | 0.0114 | 0.0117 | 0.0112 | 0.009656 | |
| Ev To Free Cash Flow | 9.12 | (1.51) | (4.97) | 6.47 | 8.94 | 14.78 | |
| Earnings Yield | 0.0343 | 0.13 | 0.0849 | 0.15 | 0.0687 | 0.0721 | |
| Intangibles To Total Assets | 0.0387 | 0.0361 | 0.0221 | 0.0203 | 0.0208 | 0.0151 | |
| Net Debt To E B I T D A | 2.96 | (6.69) | (10.33) | 1.36 | 2.5 | 1.32 | |
| Current Ratio | 2.49 | 8.01 | 11.66 | 0.98 | 0.46 | 0.44 | |
| Tangible Book Value Per Share | 11.2 | 14.91 | 12.24 | 12.72 | 13.04 | 13.69 | |
| Graham Number | 21.96 | 28.56 | 24.85 | 24.16 | 23.13 | 13.28 | |
| Shareholders Equity Per Share | 15.24 | 18.54 | 15.0 | 15.43 | 15.44 | 8.36 | |
| Debt To Equity | 0.64 | 0.48 | 0.45 | 0.5 | 0.41 | 0.39 | |
| Graham Net Net | (109.2) | (134.92) | (102.2) | (108.37) | (108.1) | (113.51) | |
| Revenue Per Share | 5.8 | 7.3 | 5.62 | 6.0 | 5.12 | 8.44 |
Pair Trading with First Horizon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Horizon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Horizon will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.96 | AX | Axos Financial | PairCorr |
| 0.94 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.64 | KB | KB Financial Group | PairCorr |
Moving against First Stock
| 0.73 | CFG-PE | Citizens Financial | PairCorr |
| 0.69 | TFC-PO | Truist Financial | PairCorr |
| 0.67 | TFC-PR | Truist Financial | PairCorr |
| 0.32 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to First Horizon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Horizon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Horizon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Horizon National to buy it.
The correlation of First Horizon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Horizon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Horizon National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Horizon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Horizon. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Horizon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.734 | Dividend Share 0.6 | Earnings Share 1.37 | Revenue Per Share 5.604 | Quarterly Revenue Growth 0.186 |
The market value of First Horizon National is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Horizon's market value can be influenced by many factors that don't directly affect First Horizon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Horizon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.