Peoples Financial Services Corp. logo PFIS - Peoples Financial Services Corp.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 0
HOLD 1
SELL 0
STRONG
SELL 0
| PRICE TARGET: $56.00 DETAILS
HIGH: $56.00
LOW: $56.00
MEDIAN: $56.00
CONSENSUS: $56.00
DOWNSIDE: 5.73%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Banks, Insurers & Asset Managers 85% confidence

Primary model: P/Tangible Book × ROE Quality

Valuation Signal Undervalued Moderate
Trading 37.6% below fair value
Current Price $59.41
Bear Case $62.09 4.5% upside ($62.09 - $59.41) / $59.41 = 4.5% ROTCE 10.7% → 1.49x TBV
Fair Value $95.20 60.3% upside ($95.20 - $59.41) / $59.41 = 60.3% ROTCE 14.2% → 2.29x TBV
Bull Case $115.07 93.7% upside ($115.07 - $59.41) / $59.41 = 93.7% ROTCE 16.4% → 2.77x TBV

Adjust Assumptions

14.2%
8.5%

Key Value Driver

ROTCE (14.2%) vs. cost of equity (8.5%)

Implied Market Multiple 1.43x

Plain-Language Summary

With ROTCE of 14.2% vs. 8.5% cost of equity, fair P/TBV is 2.29x on $41.57 tangible book, implying $95.20 per share.

Warnings

⚠ Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.
⚠ Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.

Key Risks

  • Book value quality matters as much as level — check loan loss reserves
  • Interest rate sensitivity creates non-linear earnings surprises
  • Insurance reserving is actuarial, not financial — errors emerge slowly