First Community Bankshares, Inc. (FCBC) Key Metrics
FCBC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $922.8M
- Enterprise value
- $333.8M
- P/E (TTM)
- 15.4 10-yr median 13.3
- Forward P/E
- 8.5
- PEG ratio
- 1.25
- Price / sales
- 4.9 10-yr median 4.2
- Price / book
- 1.6 10-yr median 1.3
- EV / EBITDA
- — 10-yr median 6.3
- Dividend yield
- 2.58% $1.26 a year
- Beta
- 0.49
FCBC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsFCBC valuation Price multiples at each fiscal year-end price.
FCBC returns How much profit the business earns on the capital it uses.
FCBC per-share figures Results divided by the shares outstanding at year-end.
FCBC financial health Debt, liquidity and how easily interest is covered.
FCBC efficiency & capital use Working capital cycle and where the cash goes.
FCBC valuation history
FCBC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
FCBC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
FCBC cash returned to shareholders
FCBC price vs earnings per share
FCBC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $621.0M | $767.4M | $668.8M | $561.5M | $581.6M | $384.4M | $488.8M | $524.6M | $490.7M | $523.4M |
| Enterprise value | −$22.7M | $551.6M | $309.9M | $197.8M | $456.4M | $241.2M | $251.8M | $359.5M | $367.1M | $433.9M |
| P/E ratio | 12.7 | 14.9 | 13.9 | 12.0 | 11.4 | 10.7 | 12.6 | 14.4 | 22.8 | 20.8 |
| Price / sales | 3.3 | 4.4 | 4.0 | 3.9 | 4.4 | 2.8 | 4.2 | 4.3 | 4.2 | 4.6 |
| Price / book | 1.2 | 1.5 | 1.3 | 1.3 | 1.4 | 0.9 | 1.1 | 1.6 | 1.4 | 1.5 |
| Price / free cash flow | 10.3 | 14.0 | 11.3 | 9.7 | 12.9 | 9.0 | 10.1 | 11.2 | 14.4 | 12.7 |
| Price / operating cash flow | 9.9 | 13.3 | 10.8 | 9.5 | 12.1 | 8.4 | 8.6 | 10.6 | 13.5 | 12.1 |
| EV / sales | -0.1 | 3.1 | 1.9 | 1.4 | 3.4 | 1.7 | 2.1 | 3.0 | 3.2 | 3.8 |
| EV / EBITDA | — | 7.6 | 4.6 | 3.0 | 6.3 | 4.6 | 4.6 | 7.3 | 7.9 | 10.2 |
| EV / free cash flow | — | 10.0 | 5.2 | 3.4 | 10.1 | 5.7 | 5.2 | 7.7 | 10.8 | 10.5 |
| Earnings yield | 7.9% | 6.7% | 7.2% | 8.3% | 8.8% | 9.3% | 7.9% | 6.9% | 4.4% | 4.8% |
| Free cash flow yield | 9.7% | 7.2% | 8.8% | 10.3% | 7.8% | 11.1% | 9.9% | 8.9% | 6.9% | 7.9% |
| Dividend yield | 9.8% | 2.9% | 3.2% | 3.3% | 3.1% | 4.6% | 3.1% | 4.0% | 2.4% | 2.0% |
| Shareholder yield (dividends + buybacks) | 10.1% | 4.0% | 6.6% | 7.1% | 8.1% | 10.3% | 6.4% | 10.6% | 2.6% | 6.5% |
| Share price at fiscal year-end | $33.73 | $41.64 | $37.10 | $33.90 | $33.42 | $21.58 | $31.02 | $31.48 | $28.73 | $30.14 |
| Per share | ||||||||||
| Revenue per share | $10.07 | $9.54 | $9.19 | $8.59 | $7.66 | $7.76 | $7.44 | $7.25 | $6.82 | $6.50 |
| Earnings per share | $2.65 | $2.80 | $2.66 | $2.82 | $2.94 | $2.02 | $2.46 | $2.18 | $1.26 | $1.45 |
| Operating cash flow per share | $3.41 | $3.13 | $3.43 | $3.56 | $2.77 | $2.57 | $3.60 | $2.97 | $2.13 | $2.48 |
| Free cash flow per share | $3.26 | $2.98 | $3.28 | $3.49 | $2.60 | $2.39 | $3.06 | $2.82 | $1.99 | $2.37 |
| Cash per share | $35.03 | $11.76 | $19.97 | $22.07 | $7.28 | $8.09 | $15.14 | $11.67 | $11.92 | $11.70 |
| Book value per share | $27.19 | $28.56 | $27.92 | $25.48 | $24.58 | $23.95 | $27.22 | $19.97 | $20.54 | $19.52 |
| Tangible book value per share | $18.77 | $20.05 | $19.09 | $17.40 | $16.81 | $16.28 | $18.45 | $14.11 | $14.57 | $13.59 |
| Dividends per share | $3.29 | $1.19 | $1.17 | $1.12 | $1.04 | $1.00 | $0.96 | $1.27 | $0.68 | $0.60 |
| Capex per share | $0.15 | $0.15 | $0.15 | $0.07 | $0.17 | $0.18 | $0.53 | $0.15 | $0.14 | $0.11 |
| Debt per share | $0.07 | $0.05 | $0.06 | $0.11 | $0.09 | $0.05 | $0.10 | $1.76 | $4.69 | $6.55 |
| Shares outstanding | 18.4M | 18.4M | 18.0M | 16.6M | 17.4M | 17.8M | 15.8M | 16.7M | 17.1M | 17.4M |
| Change in shares outstanding | −0.1% | +2.2% | +8.8% | −4.8% | −2.3% | +13.1% | −5.5% | −2.4% | −1.7% | −7.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 9.5% | 10.0% | 10.4% | 11.0% | 12.0% | 8.4% | 10.2% | 10.6% | 6.2% | 7.4% |
| Return on invested capital (ROIC) | — | 22.7% | 47.4% | 25.9% | 17.5% | 15.1% | 21.6% | 18.4% | 9.0% | 12.3% |
| Return on assets (ROA) | 1.5% | 1.6% | 1.5% | 1.5% | 1.6% | 1.2% | 1.5% | 1.6% | 0.9% | 1.0% |
| Return on tangible assets | 1.6% | 1.7% | 1.5% | 1.6% | 1.7% | 1.2% | 1.5% | 1.7% | 0.9% | 1.1% |
| Free cash flow margin | 32.4% | 31.2% | 35.6% | 40.7% | 33.9% | 30.9% | 41.2% | 38.8% | 29.2% | 36.5% |
| Income quality (OCF / net income) | 1.29 | 1.12 | 1.29 | 1.26 | 0.94 | 1.28 | 1.46 | 1.36 | 1.69 | 1.71 |
| Financial health | ||||||||||
| Total debt | $1.2M | $906,000 | $1.1M | $1.9M | $1.5M | $964,000 | $1.6M | $29.4M | $80.1M | $113.7M |
| Cash & short-term investments | $644.9M | $216.7M | $360.1M | $365.6M | $126.7M | $144.2M | $238.6M | $194.5M | $203.6M | $203.2M |
| Net debt | −$643.7M | −$215.8M | −$358.9M | −$363.7M | −$125.2M | −$143.2M | −$237.0M | −$165.2M | −$123.6M | −$89.5M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.23 | 0.34 |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.05 |
| Net debt / EBITDA | −9.36 | −2.99 | −5.31 | −5.53 | −1.73 | −2.75 | −4.37 | −3.37 | −2.64 | −2.10 |
| Current ratio | 0.73 | 0.08 | 0.14 | 0.14 | 0.05 | 0.06 | 0.10 | 0.10 | 0.10 | 7.61 |
| Quick ratio | 0.73 | 0.08 | 0.10 | 0.20 | 0.30 | 0.24 | 0.20 | 0.15 | 0.19 | 11.29 |
| Interest coverage | 3.5 | 3.3 | 6.5 | 36.3 | 23.5 | 8.4 | 9.0 | 6.1 | 5.2 | 3.9 |
| Working capital | −$243.8M | −$2.47B | −$2.35B | −$2.34B | −$2.63B | −$2.43B | −$2.12B | −$1.71B | −$1.78B | $180.5M |
| Invested capital | −$143.2M | $310.6M | $144.3M | $58.3M | $302.6M | $283.5M | $191.8M | $167.7M | $227.2M | $249.6M |
| Tangible asset value | $345.5M | $369.4M | $344.2M | $288.2M | $292.6M | $290.1M | $290.7M | $235.1M | $248.8M | $236.1M |
| Net current asset value | −$2.11B | −$2.51B | −$2.39B | −$2.34B | −$2.63B | −$2.43B | −$2.12B | −$1.71B | −$1.83B | −$1.84B |
| Graham number | $40.27 | $42.42 | $40.91 | $40.19 | $40.32 | $32.97 | $38.83 | $31.30 | $24.11 | $25.21 |
| Graham net-net per share | −$114.48 | −$136.26 | −$130.04 | −$146.81 | −$171.08 | −$149.76 | −$142.28 | −$105.52 | −$112.25 | −$108.85 |
| Capital allocation | ||||||||||
| Dividends paid | $60.6M | $22.0M | $21.1M | $18.5M | $18.1M | $17.9M | $15.1M | $21.1M | $11.6M | $10.4M |
| Share buybacks (net) | $1.9M | $8.7M | $23.0M | $21.3M | $28.9M | $21.9M | $16.4M | $34.4M | $1.3M | $23.8M |
| Dividend payout ratio | 124.2% | 42.7% | 43.9% | 39.7% | 35.3% | 49.8% | 38.8% | 58.0% | 53.8% | 41.4% |
| Dividends + buybacks / free cash flow | 104.1% | 55.9% | 74.7% | 68.8% | 103.9% | 93.2% | 65.1% | 118.2% | 37.7% | 82.9% |
| Capex / revenue | 1.5% | 1.6% | 1.7% | 0.8% | 2.3% | 2.3% | 7.2% | 2.1% | 2.0% | 1.7% |
| Capex / operating cash flow | 4.4% | 4.9% | 4.5% | 2.0% | 6.3% | 7.0% | 14.8% | 5.2% | 6.5% | 4.4% |
| Capex / depreciation | 0.48 | 0.43 | 0.49 | 0.21 | 0.51 | 0.54 | 1.89 | 0.65 | 0.51 | 0.40 |
| Stock-based compensation / revenue | 0.8% | 0.6% | 0.7% | 1.0% | 1.3% | 1.6% | 1.6% | 1.2% | 1.0% | 0.8% |
| SG&A / revenue | 36.8% | 32.4% | 33.0% | 35.7% | 35.4% | 33.6% | 35.7% | 34.7% | 35.7% | 40.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 17.6 | 20.8 | 22.2 | 22.0 | 23.2 | 20.8 | 18.9 | 17.0 | 17.7 | 18.7 |
| Days of inventory on hand | — | — | -786.7 | -19,234.4 | 37,415.7 | -7,040.1 | -6,464.4 | -4,925.9 | -4,616.1 | -1,503.8 |
| Days payables outstanding | — | — | — | 1,524.1 | -2,364.6 | 762.0 | 1,303.8 | 1,004.4 | 925.2 | 886.6 |
| Cash conversion cycle (days) | — | — | — | -20,736.5 | 39,803.5 | -7,781.3 | -7,749.3 | -5,913.3 | -5,523.5 | -2,371.7 |
| Receivables turnover | 20.69 | 17.51 | 16.44 | 16.56 | 15.73 | 17.57 | 19.28 | 21.47 | 20.57 | 19.54 |
| Payables turnover | — | — | — | 0.24 | −0.15 | 0.48 | 0.28 | 0.36 | 0.39 | 0.41 |
| Asset turnover | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Average receivables | $9.0M | $10.0M | $10.1M | $8.6M | $8.5M | $7.9M | $6.1M | $5.6M | $5.7M | $5.8M |
| Average payables | — | — | — | $34.4M | $36.5M | $37.9M | $32.5M | $27.1M | $27.5M | $27.0M |
| Average inventory | — | — | −$37.6M | −$433.6M | −$577.6M | −$349.7M | −$160.9M | −$132.8M | −$137.4M | −$45.7M |
| Intangibles / total assets | 4.8% | 4.8% | 4.9% | 4.3% | 4.2% | 4.5% | 4.9% | 4.4% | 4.3% | 4.3% |
Computed from FCBC's annual financial statements (latest annual report filed March 6, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
FCBC valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), First Community Bankshares traded at 12.7 times earnings, against a 10-year median of 13.3. Based on the latest twelve months, the trailing P/E is 15.4 and the forward P/E is 8.5. First Community Bankshares earned a return on equity of 9.5% in fiscal 2025. It ended the year with $1.2 million of debt and $644.9 million in cash and short-term investments, a net cash position of $643.7 million. It returned $62.5 million to shareholders: $60.6 million in dividends and $1.9 million in share buybacks, 104% of free cash flow. The share count rose 6.0% from 17.4M to 18.4M over 9 years.
See the FCBC income statement, the FCBC chart for price history, or the FCBC stock overview for the latest quote and news.
FCBC key metrics FAQ
What is First Community Bankshares's P/E ratio?
First Community Bankshares's trailing P/E ratio is 15.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 8.5. At the end of fiscal 2025 it was 12.7, compared with a 10-year median of 13.3.
What is First Community Bankshares's return on equity?
First Community Bankshares's return on equity (ROE) was 9.5% in fiscal 2025: net income of $48.8 million on average shareholders' equity of $513.5 million.
How much debt does First Community Bankshares have?
First Community Bankshares had total debt of $1.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is First Community Bankshares's dividend yield?
First Community Bankshares's forward dividend yield is 2.58%. First Community Bankshares paid $60.6 million in dividends in fiscal 2025 ($3.29 per share), a payout ratio of 124.2%.
Does First Community Bankshares buy back its shares?
Yes. First Community Bankshares spent $1.9 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.1% over the year, to 18.4M..
What is First Community Bankshares's free cash flow yield?
First Community Bankshares generated $60.0 million of free cash flow in fiscal 2025, a free cash flow yield of 9.7% on its market value at year-end ($621.0 million).
What is First Community Bankshares's current ratio?
First Community Bankshares's current ratio was 0.73 at the end of fiscal 2025: current assets were 0.73 times current liabilities.