FH

First Horizon CorpNYSE FHN Stock Report

Last reporting period 31 Dec, 2023

Updated 22 Nov, 2024

Last price

Market cap $B

8.188

Middle

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

First Fair Value

FH

The fair market value of FHN stock is 14.31 USD. Relative to the market price of 21.55 USD First is overvalued by 32.8%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 32.8%
14.31 USD
FHN Fair Value
21.55 USD
Market price of FHN

First Valuation

Current FHN share ticker price is 21.55 USD.

The fair value level of 14.31 USD can be considered as an effective entry point for long-term investors to start investing in FHN stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 34% higher its fair value

Min value

Current price is 47% higher its minimum value

Max value

Current price is 3% lower its maximum value

25.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

FHN stock is overvalued

It means the current price may concern as a Risky Entry Point

First Horizon Corp Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

14.14

2

Median P/E over 5 years

9.15

3

Minimum P/E over 5 years

7.33

4

Earning per share (last 12 months)

1.56 USD

Maximum value

1

x

4

=

22.12 USD

Fair value

2

x

4

=

14.31 USD

Minimum value

3

x

4

=

11.47 USD

First Horizon Corp price metrics

5.33

Annual return (geometric mean)

49.85

Risk (standard deviation) of returns

β

0.94

Beta (volatility compared to market)

It means that FHN stock is less volatile than the broader market

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View Section: Profitability