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Bank First (Bank First) Intrinsic Value: Projected FCF : $74.25 (As of May. 08, 2024)


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What is Bank First Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-08), Bank First's Intrinsic Value: Projected FCF is $74.25. The stock price of Bank First is $82.38. Therefore, Bank First's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

The historical rank and industry rank for Bank First's Intrinsic Value: Projected FCF or its related term are showing as below:

BFC' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.09   Med: 1.76   Max: 2.29
Current: 1.11

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Bank First was 2.29. The lowest was 1.09. And the median was 1.76.

BFC's Price-to-Projected-FCF is ranked worse than
88.81% of 1215 companies
in the Banks industry
Industry Median: 0.45 vs BFC: 1.11

Bank First Intrinsic Value: Projected FCF Historical Data

The historical data trend for Bank First's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank First Intrinsic Value: Projected FCF Chart

Bank First Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.12 43.79 53.57 62.39 74.25

Bank First Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.88 64.63 70.28 74.25 -

Competitive Comparison of Bank First's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Bank First's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank First's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank First's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Bank First's Price-to-Projected-FCF falls into.



Bank First Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Bank First's Free Cash Flow(6 year avg) = $27.24.

Bank First's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(9.7849180867139*27.24144+609.33*0.8)/10.201
=73.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank First  (NAS:BFC) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Bank First's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=82.38/73.916210073927
=1.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank First Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Bank First's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank First (Bank First) Business Description

Industry
Traded in Other Exchanges
N/A
Address
402 North 8th Street, Manitowoc, WI, USA, 54220
Bank First Corp is a United States-based company engaged in providing financial services provides a full range of consumer and commercial financial institution services to individuals and businesses including retail and commercial banking in Wisconsin. These services include credit cards; secured and unsecured consumer, commercial, and real estate loans; demand, time, and savings deposits; and ATM processing. The Corporation also offers a full line of insurance services and checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, commercial and industrial loans, commercial real estate loans, construction and development loans, residential mortgages, consumer loans, credit cards, online banking, telephone banking, and mobile banking.
Executives
Kevin M. Lemahieu director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Michael B. Molepske director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Timothy J. Mcfarlane director, officer: President C/O BANK FIRST CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Laura E Kohler director 402 N. 8TH STREET, MANITOWOC WI 54220
Jason V Krepline officer: Named Executive Officer 402 N. 8TH STREET, MANITOWOC WI 54220
Joan A Woldt officer: Named Executive Officer 402 N. 8TH STREET, MANITOWOC WI 54220
Phillip R Maples director 402 N. 8TH STREET, MANITOWOC WI 54220
Mary Kay Bourbulas director 402 NORTH 8TH STREET, MANITOWOC WI 54220
Stephen E Johnson director 402 N. 8TH ST., MANITOWOC WI 54220
Robert W. Holmes director C/O BANK FIRST CORPORATION, 402 N. 8TH STREET, MANITOWOC WI 54220
Donald R. Brisch director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
David R Sachse director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Judy L Heun director 402 NORTH 8TH STREET, MANITOWOC WI 54220
Michael P. Dempsey director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Van Sistine Peter J. director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220