First IC Corporation Logo

First IC Corporation

FIEB

(0.0)
Stock Price

9,30 USD

2.08% ROA

20.21% ROE

3.81x PER

Market Cap.

81.598.932,00 USD

53.62% DER

11.11% Yield

40.73% NPM

First IC Corporation Stock Analysis

First IC Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

First IC Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

Unidentified ROE

2 ROA

Unidentified ROA

3 PBV

Unidentified ROA

4 DER

Unidentified DER

5 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

6 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

7 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Graham Number

Unidentified Graham Number

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (0), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

First IC Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

First IC Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

First IC Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

First IC Corporation Revenue
Year Revenue Growth
2015 21.070.239
2016 24.059.735 12.43%
2017 28.588.875 15.84%
2018 34.065.553 16.08%
2019 43.448.930 21.6%
2020 39.163.100 -10.94%
2021 52.290.931 25.11%
2022 61.198.627 14.56%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

First IC Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2015 0
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

First IC Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2015 1.496.009
2016 1.046.187 -43%
2017 1.094.250 4.39%
2018 1.123.086 2.57%
2019 297.013 -278.13%
2020 293.647 -1.15%
2021 367.725 20.14%
2022 653.535 43.73%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

First IC Corporation EBITDA
Year EBITDA Growth
2015 -515.008
2016 -44.258 -1063.65%
2017 -258.932 82.91%
2018 -334.525 22.6%
2019 -329.087 -1.65%
2020 -439.800 25.17%
2021 -327.960 -34.1%
2022 -292.302 -12.2%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

First IC Corporation Gross Profit
Year Gross Profit Growth
2015 21.070.239
2016 24.059.735 12.43%
2017 28.588.875 15.84%
2018 34.065.553 16.08%
2019 43.448.930 21.6%
2020 39.163.100 -10.94%
2021 52.290.931 25.11%
2022 61.198.627 14.56%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

First IC Corporation Net Profit
Year Net Profit Growth
2015 6.321.783
2016 7.218.323 12.42%
2017 8.001.836 9.79%
2018 9.609.573 16.73%
2019 10.296.228 6.67%
2020 7.242.525 -42.16%
2021 19.406.617 62.68%
2022 21.407.559 9.35%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

First IC Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2015 1
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 100%
2020 1 0%
2021 2 100%
2022 2 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

First IC Corporation Free Cashflow
Year Free Cashflow Growth
2015 -4.606
2016 3.929.410 100.12%
2017 8.056.953 51.23%
2018 8.613.526 6.46%
2019 5.754.320 -49.69%
2020 323.392 -1679.36%
2021 11.322.358 97.14%
2022 14.569.777 22.29%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

First IC Corporation Operating Cashflow
Year Operating Cashflow Growth
2015 -3.852
2016 5.541.256 100.07%
2017 10.643.755 47.94%
2018 9.459.517 -12.52%
2019 8.088.006 -16.96%
2020 1.106.725 -630.81%
2021 11.801.636 90.62%
2022 14.849.000 20.52%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

First IC Corporation Capital Expenditure
Year Capital Expenditure Growth
2015 754
2016 1.611.846 99.95%
2017 2.586.802 37.69%
2018 845.991 -205.77%
2019 2.333.686 63.75%
2020 783.333 -197.92%
2021 479.278 -63.44%
2022 279.223 -71.65%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

First IC Corporation Equity
Year Equity Growth
2016 54.569.382
2017 62.556.477 12.77%
2018 72.231.254 13.39%
2019 78.590.805 8.09%
2020 85.877.096 8.48%
2021 105.015.949 18.22%
2022 113.508.468 7.48%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

First IC Corporation Assets
Year Assets Growth
2016 325.267.555
2017 403.872.361 19.46%
2018 500.745.263 19.35%
2019 705.058.389 28.98%
2020 765.435.457 7.89%
2021 941.654.868 18.71%
2022 1.028.247.161 8.42%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

First IC Corporation Liabilities
Year Liabilities Growth
2016 270.698.173
2017 341.315.884 20.69%
2018 428.514.009 20.35%
2019 626.467.584 31.6%
2020 679.558.360 7.81%
2021 836.638.919 18.78%
2022 914.738.693 8.54%

First IC Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.75
Net Income per Share
2.36
Price to Earning Ratio
3.81x
Price To Sales Ratio
1.33x
POCF Ratio
5.5
PFCF Ratio
5.6
Price to Book Ratio
0.72
EV to Sales
0.24
EV Over EBITDA
-50.39
EV to Operating CashFlow
0.99
EV to FreeCashFlow
1.01
Earnings Yield
0.26
FreeCashFlow Yield
0.18
Market Cap
0,08 Bil.
Enterprise Value
0,01 Bil.
Graham Number
25.79
Graham NetNet
-89.72

Income Statement Metrics

Net Income per Share
2.36
Income Quality
0.69
ROE
0.2
Return On Assets
0.02
Return On Capital Employed
0
Net Income per EBT
0.74
EBT Per Ebit
0
Ebit per Revenue
0
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0
Pretax Profit Margin
0.55
Net Profit Margin
0.41

Dividends

Dividend Yield
0.11
Dividend Yield %
11.11
Payout Ratio
0
Dividend Per Share
1

Operating Metrics

Operating Cashflow per Share
1.64
Free CashFlow per Share
1.61
Capex to Operating CashFlow
0.02
Capex to Revenue
0
Capex to Depreciation
0.32
Return on Invested Capital
0.13
Return on Tangible Assets
0.02
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.03

Balance Sheet

Cash per Share
11,17
Book Value per Share
12,52
Tangible Book Value per Share
12.52
Shareholders Equity per Share
12.52
Interest Debt per Share
7.31
Debt to Equity
0.54
Debt to Assets
0.06
Net Debt to EBITDA
228.77
Current Ratio
0.2
Tangible Asset Value
0,11 Bil.
Net Current Asset Value
-0,81 Bil.
Invested Capital
-378335093
Working Capital
-0,40 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.75

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

First IC Corporation Dividends
Year Dividends Growth
2023 1
2024 1 0%

First IC Corporation Profile

About First IC Corporation

First IC Corporation operates as the bank holding company for First IC Bank that provides retail and commercial banking services for consumers and small-to medium-size businesses. The company accepts checking, saving, certificates of deposit, and IRA accounts. Its loan products include small business administration, commercial, personal, and home loans. The company also offers credit cards; and payment, order checks, ATM deposit, and online/mobile banking services. It operates 9 full-service operating branches, including 6 branches in Georgia, 1 branch in Texas, 1 branch in New York, and 1 branch in New Jersey; and 2 loan production offices in Los Angeles and Seattle. The company was founded in 2000 and is headquartered in Doraville, Georgia.

CEO
Mr. Dong Wook Kim
Employee
114
Address
5593 Buford Highway
Doraville, 30340

First IC Corporation Executives & BODs

First IC Corporation Executives & BODs
# Name Age
1 Mr. Dong Wook Kim
President, Chief Executive Officer & Director
70
2 Sue Yun
Secretary
70
3 Mr. Dong Won Shin
Senior Vice President & Controller
70
4 Mr. Edward L. Briscoe
Executive Vice President, Chief Financial Officer & Chief Operating Officer
70

First IC Corporation Competitors