First National Financial (TSX:FN) PEG Ratio : 1.00 (As of May. 02, 2024)

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What is First National Financial PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, First National Financial's PE Ratio without NRI is 8.13. First National Financial's 5-Year Book Value growth rate is 8.10%. Therefore, First National Financial's PEG Ratio for today is 1.00.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

The historical rank and industry rank for First National Financial's PEG Ratio or its related term are showing as below:

TSX:FN' s PEG Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.39 Max: 7.07
Current: 1.13

During the past 13 years, First National Financial's highest PEG Ratio was 7.07. The lowest was 0.45. And the median was 1.39.

TSX:FN's PEG Ratio is ranked better than
58.97% of 1131 companies
in the Banks industry
Industry Median: 1.42 vs TSX:FN: 1.13

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.

First National Financial PEG Ratio Historical Data

The historical data trend for First National Financial's PEG Ratio 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.

First National Financial PEG Ratio Chart

First National Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PEG Ratio

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1.29

3.02

6.53

1.85

0.88

First National Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PEG Ratio	Get a 7-Day Free Trial															1.95	1.44	0.92	0.88	-

Competitive Comparison of First National Financial's PEG Ratio

For the Mortgage Finance subindustry, First National Financial's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.

First National Financial's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First National Financial's PEG Ratio distribution charts can be found below:

* The bar in red indicates where First National Financial's PEG Ratio falls into.

First National Financial PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

First National Financial's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year Book Value Growth Rate*
	=	8.127562642369	/	8.10
	=	1.00

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

First National Financial (TSX:FN) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

First National Financial PEG Ratio Related Terms

Thank you for viewing the detailed overview of First National Financial's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

First National Financial (TSX:FN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First National Financial Corp (TSX:FN) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

FNLIF:USA 63Z:Germany FN.PR.B.PFD:Canada FN.PR.A.PFD:Canada

Address

16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6

Website

https://www.firstnational.ca

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages. Most mortgages originated by First National are funded either by placement with institutional investors or through securitization conduits, in each case with retained servicing. In general, originations are allocated from one funding source to another depending on market conditions and strategic considerations related to maintaining diversified funding sources.