The First of Long Island Corporation

NasdaqCM:FLIC Stock Report

Market Cap: US$325.1m

First of Long Island Valuation

Is FLIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FLIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FLIC ($14.42) is trading below our estimate of fair value ($30.21)

Significantly Below Fair Value: FLIC is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FLIC?

Key metric: As FLIC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FLIC. This is calculated by dividing FLIC's market cap by their current earnings.
What is FLIC's PE Ratio?
PE Ratio16.3x
EarningsUS$19.89m
Market CapUS$325.08m

Price to Earnings Ratio vs Peers

How does FLIC's PE Ratio compare to its peers?

The above table shows the PE ratio for FLIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.6x
JMSB John Marshall Bancorp
20xn/aUS$335.3m
SFST Southern First Bancshares
25.5x40.7%US$359.1m
INBK First Internet Bancorp
16.4x32.0%US$363.4m
FNLC First Bancorp
12.4xn/aUS$326.7m
FLIC First of Long Island
16.3x37.6%US$325.1m

Price-To-Earnings vs Peers: FLIC is good value based on its Price-To-Earnings Ratio (16.3x) compared to the peer average (18.6x).

Price to Earnings Ratio vs Industry

How does FLIC's PE Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRCB First Republic Bank
0.02xn/aUS$27.98m
BKGM BankGuam Holding
1xn/aUS$18.48m
SBNY Signature Bank
0.002xn/aUS$2.18m
BCBH.F Caribbean Investment Holdings
0.00001xn/aUS$132.00
No more companies available in this PE range
FLIC 16.3xIndustry Avg. 13.2xNo. of Companies91PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FLIC is expensive based on its Price-To-Earnings Ratio (16.3x) compared to the US Banks industry average (13.1x).

Price to Earnings Ratio vs Fair Ratio

What is FLIC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FLIC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.3x
Fair PE Ratio19.2x

Price-To-Earnings vs Fair Ratio: FLIC is good value based on its Price-To-Earnings Ratio (16.3x) compared to the estimated Fair Price-To-Earnings Ratio (19.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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