Shares Outstanding Shares Outstanding n/a Close	8.32M
Shares Change (YoY) Shares Change (YoY) n/a Close	0.15%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.07%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	68.44%
Shares Floating Shares Floating n/a Close	n/a
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	1
FTD / Avg. Volume FTD / Avg. Volume n/a Close	n/a

Short Selling Information

The latest short interest is 45.27K, so 0.55% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	45.27K
Short % of Shares Out Short % of Shares Out n/a Close	0.55%
Short % of Float Short % of Float n/a Close	0.64%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	1.51

Valuation Ratios

The PE ratio is 8.52 and the forward PE ratio is 7.74. First Business Financial Services's PEG ratio is 0.27.

PE Ratio PE Ratio n/a Close	8.52
Forward PE Forward PE n/a Close	7.74
PS Ratio PS Ratio n/a Close	1.62
Forward PS Forward PS n/a Close	2.2
PB Ratio PB Ratio n/a Close	1.15
P/FCF Ratio P/FCF Ratio n/a Close	6.59
PEG Ratio PEG Ratio n/a Close	0.27

Financial Ratio History

Enterprise Valuation

First Business Financial Services has an Enterprise Value (EV) of 547.46M.

EV / Sales EV / Sales n/a Close	2.35
EV / EBITDA EV / EBITDA n/a Close	0
EV / EBIT EV / EBIT n/a Close	9.52
EV / FCF EV / FCF n/a Close	9.56

Financial Position

The company has a current ratio of 1.18, with a Debt / Equity ratio of 1.

Current Ratio Current Ratio n/a Close	1.18
Quick Ratio Quick Ratio n/a Close	1.18
Debt / Equity Debt / Equity n/a Close	1
Debt / EBITDA Debt / EBITDA n/a Close	n/a
Debt / FCF Debt / FCF n/a Close	5.73
Interest Coverage Interest Coverage n/a Close	1.48

Financial Efficiency

Return on Equity is 13.47% and Return on Invested Capital is 26.91%.

Return on Equity Return on Equity n/a Close	13.47%
Return on Assets Return on Assets n/a Close	1.15%
Return on Invested Capital Return on Invested Capital n/a Close	26.91%
Revenue Per Employee Revenue Per Employee n/a Close	$658,559.32
Profits Per Employee Profits Per Employee n/a Close	$124,985.88
Employee Count Employee Count n/a Close	354
Asset Turnover Asset Turnover n/a Close	0.06
Inventory Turnover Inventory Turnover n/a Close	n/a

Taxes

Income Tax Income Tax n/a Close	6.91M
Effective Tax Rate Effective Tax Rate n/a Close	13.5%

Stock Price Statistics

The stock price has increased by 37.25% in the last 52 weeks. The beta is 0.66, so First Business Financial Services's price volatility has been higher than the market average.

Beta Beta n/a Close	0.66
52-Week Price Change 52-Week Price Change n/a Close	37.25%
50-Day Moving Average 50-Day Moving Average n/a Close	47.73
200-Day Moving Average 200-Day Moving Average n/a Close	47.37
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	41.19
Average Volume (20 Days) Average Volume (20 Days) n/a Close	31,749

Income Statement

In the last 12 months, First Business Financial Services had revenue of 233.13M and earned 44.24M in profits. Earnings per share was 5.69.

Revenue Revenue n/a Close	233.13M
Gross Profit Gross Profit n/a Close	233.13M
Operating Income Operating Income n/a Close	160.84M
Net Income Net Income n/a Close	44.24M
EBITDA EBITDA n/a Close	n/a
EBIT EBIT n/a Close	-3.74M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	5.69

Full Income Statement

Balance Sheet

The company has 157.7M in cash and 327.98M in debt, giving a net cash position of -170.27M.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	157.7M
Total Debt Total Debt n/a Close	327.98M
Net Cash Net Cash n/a Close	-170.27M
Retained Earnings Retained Earnings n/a Close	265.78M
Total Assets Total Assets n/a Close	3.94B
Working Capital Working Capital n/a Close	3.32B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 57.49M and capital expenditures -223K, giving a free cash flow of 57.27M.

Operating Cash Flow Operating Cash Flow n/a Close	57.49M
Capital Expenditures Capital Expenditures n/a Close	-223K
Free Cash Flow Free Cash Flow n/a Close	57.27M
FCF Per Share FCF Per Share n/a Close	7.03

Full Cash Flow Statement

Margins

Gross margin is 100%, with operating and profit margins of 68.99% and 18.98%.

Gross Margin Gross Margin n/a Close	100%
Operating Margin Operating Margin n/a Close	68.99%
Pretax Margin Pretax Margin n/a Close	21.94%
Profit Margin Profit Margin n/a Close	18.98%
EBITDA Margin EBITDA Margin n/a Close	n/a
EBIT Margin EBIT Margin n/a Close	68.99%
FCF Margin FCF Margin n/a Close	24.56%

Dividends & Yields

FBIZ pays an annual dividend of $1.33, which amounts to a dividend yield of 2.27%.

Dividend Per Share Dividend Per Share n/a Close	$1.33
Dividend Yield Dividend Yield n/a Close	2.27%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	16%
Payout Ratio Payout Ratio n/a Close	24.27%
Earnings Yield Earnings Yield n/a Close	11.73%
FCF Yield FCF Yield n/a Close	15.18%

Dividend Details

Analyst Forecast

The average price target for FBIZ is $59, which is 25.8% higher than the current price. The consensus rating is "Buy".

Price Target Price Target n/a Close	$59
Price Target Difference Price Target Difference n/a Close	25.8%
Analyst Consensus Analyst Consensus n/a Close	Buy
Analyst Count Analyst Count n/a Close	4

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$134.45
Lynch Upside Lynch Upside n/a Close	186.67%
Graham Number Graham Number n/a Close	70.19
Graham Upside Graham Upside n/a Close	49.66%

Stock Splits

The last stock split was on Aug 31, 2015. It was a forward split with a ratio of 2:1.

Last Split Date Last Split Date n/a Close	Aug 31, 2015
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	2:1

Scores

Altman Z-Score Altman Z-Score n/a Close	1.23
Piotroski F-Score Piotroski F-Score n/a Close	7