What is First Community Corp worth?
With the base-case assumptions below, a discounted cash flow model on First Community Corp's reported free cash flow gives $45.36 per share. The share price was $32.95 on September 25, 2026, 27% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -9.0% | 10.0% | $36.37 | +10% |
| Base | -4.0% | 9.0% | $45.36 | +38% |
| Bull | 1.0% | 8.0% | $62.13 | +89% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $51.39 | $53.17 | $55.35 | $58.07 | $61.57 |
| 8.0% | $46.94 | $48.09 | $49.46 | $51.10 | $53.10 |
| 9.0% | $43.66 | $44.45 | $45.36 | $46.42 | $47.68 |
| 10.0% | $41.14 | $41.71 | $42.34 | $43.07 | $43.91 |
| 11.0% | $39.15 | $39.56 | $40.02 | $40.54 | $41.13 |
Where the presets come from
Base: years 1 to 5 grow at First Community Corp's revenue growth rate over the last 5 fiscal years (-3.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions