Stocktoria

FIRST FINANCIAL CORP /IN/ THFF

Nasdaq · stock · State Commercial Banks · website · IPO 1992-03-03

FIRST FINANCIAL CORP /IN/ statistics & valuation

Market cap$923.5M
P / E11.7×
P / B1.4×
P / FCF10.7×
Dividend yield2.62%
Return on equity12.2%
Net debt$188.2M
Enterprise value USD$1.1B
Graham number +11.3%$90.74

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($90.74); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
9.30% 7.00% 10.50% 8.90% 9.00% 9.10% 15.00% 11.50% 8.60% 12.20% 2016201720182019202020212022202320242025
Shares outstanding
12.2M 12.2M 12.3M 13.7M 13.7M 13.2M 12.2M 11.9M 11.8M 11.9M 2016201720182019202020212022202320242025
Net debt ($)
-$74.9M -$74.1M -$74.4M $31000 $6000 $15.9M $9.6M $108.6M $28.1M $188.2M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.30% 1.00% 1.50% 1.20% 1.20% 1.00% 1.40% 1.30% 0.90% 1.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.00× 0.00× 0.00× 0.00× 0.03× 0.02× 0.21× 0.05× 0.29× 2016201720182019202020212022202320242025
EPS ($)
$3.93 $4.02 $5.82 $5.08 $4.00 $6.68 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FIRST FINANCIAL CORP /IN/ trades at about 12.2× earnings — above its 10-year norm (10-year range 7.7×–12×, median 9.8×).

7.7× 12.2×

Shaded band = 10-year range (7.7×–12×); dot = today's 12.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets1.4%0.9%1.3%1.4%1.0%1.2%1.2%1.5%1.0%1.3%
Return on equity12.2%8.6%11.5%15.0%9.1%9.0%8.9%10.5%7.0%9.3%
Debt / equity0.29×0.05×0.21×0.02×0.03×0.00×0.00×0.00×0.00×0.00×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.