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EFSIEagle Financial Services, Inc.
$40.30$218M
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  4. Financial Ratios

Eagle Financial Services, Inc. (EFSI) Financial Ratios

Latest Ratios: P/E Ratio 25.3x · EV/EBITDA 25.6x · ROE 5.3%. (2002–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

EFSI Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$218M$214M$129M$106M$125M$119M$101M$107M$107M$111M$91M
Enterprise Value$274M$269M$103M$188M$296M$55M$25M$77M$91M$79M$55M
P/E Ratio →25.3525.038.4311.288.6210.839.0210.9311.9214.2914.23
P/S Ratio2.092.041.221.101.882.262.162.572.903.242.88
P/B Ratio1.151.131.090.981.231.080.961.111.221.331.14
P/FCF8.258.087.2918.219.657.489.5610.64—12.369.60
P/OCF7.837.676.9015.389.067.249.169.41—11.879.34

P/E links to full P/E history page with 30-year chart

EFSI EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.580.971.964.441.050.541.862.452.291.76
EV / EBITDA25.5725.165.1916.1715.874.021.765.988.086.365.52
EV / EBIT27.5827.145.4617.6916.754.331.906.668.806.886.21
EV / FCF—10.185.8132.4122.813.472.397.68—8.735.88

EFSI Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin61.6%61.6%59.7%64.0%89.1%94.0%89.8%88.3%91.1%98.5%97.2%
Operating Margin9.5%9.5%17.8%11.1%26.5%24.3%28.5%27.9%27.9%33.2%28.4%
Net Profit Margin7.9%7.9%14.5%9.8%21.8%20.9%24.0%23.5%24.3%22.7%20.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE5.3%5.3%13.5%8.9%13.7%10.2%11.1%10.6%10.5%9.5%8.1%
ROA0.4%0.4%0.8%0.5%1.0%0.9%1.1%1.2%1.1%1.1%0.9%
ROIC2.8%2.8%5.0%2.5%5.9%8.7%9.5%9.2%8.9%10.5%7.5%
ROCE3.6%3.6%6.7%3.4%7.9%10.5%11.9%11.5%10.5%11.5%9.0%

EFSI Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.370.371.261.792.33—0.040.040.02——
Debt / EBITDA6.506.507.5216.7112.73—0.290.290.17——
Net Debt / Equity—0.29-0.220.761.68-0.58-0.72-0.31-0.19-0.39-0.44
Net Debt / EBITDA5.205.20-1.327.089.16-4.63-5.27-2.31-1.47-2.64-3.50
Debt / FCF—2.10-1.4814.1913.16-4.01-7.16-2.96—-3.63-3.72
Interest Coverage0.270.270.470.323.237.624.062.734.109.898.37

EFSI Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.090.090.110.160.170.220.240.260.230.250.26
Quick Ratio0.090.090.110.160.170.220.240.260.230.250.26
Cash Ratio0.010.010.110.070.050.050.080.040.030.050.06
Asset Turnover—0.060.060.050.040.040.040.050.050.040.04
Inventory Turnover———————————
Days Sales Outstanding———————————

EFSI Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield2.8%2.9%3.3%4.0%3.0%2.7%3.2%2.8%2.6%2.4%2.6%
Payout Ratio74.4%74.4%28.0%45.2%26.2%29.6%28.6%30.7%30.8%34.1%37.0%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield3.9%4.0%11.9%8.9%11.6%9.2%11.1%9.1%8.4%7.0%7.0%
FCF Yield12.1%12.4%13.7%5.5%10.4%13.4%10.5%9.4%—8.1%10.4%
Buyback Yield0.2%0.2%0.2%0.3%0.1%0.1%1.8%1.7%1.2%1.4%2.4%
Total Shareholder Yield3.0%3.0%3.5%4.3%3.2%2.9%5.0%4.5%3.8%3.8%5.0%
Shares Outstanding—$5M$4M$4M$3M$3M$3M$3M$3M$3M$4M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

CRE Concentration and NIM

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Premium Pricing Lacks Earnings Support

Based on recent market data, EFSI trades at a P/B of 1.17, which appears elevated relative to its recent sub-5% ROE performance, suggesting that investors are pricing in a recovery in profitability that has yet to materialize in the bank's core operating results.

The current P/E of 25.95 reflects significant market skepticism regarding the sustainability of earnings, as the valuation implies a high expectation for future margin expansion. Investors should monitor whether the bank can justify this premium through improved asset utilization or if the multiple will compress toward peer levels as growth remains stagnant.

DuPont Analysis Reveals Margin Pressure

As reported in financial statements, EFSI's ROE has struggled to exceed 3.1% in recent quarters, a trend driven by persistent NIM compression and volatile non-interest income that undermines the bank's ability to generate meaningful returns on its tangible equity base.

The decomposition of profitability indicates that the bank's reliance on a low-leverage balance sheet, while safe, limits the potential for ROE expansion. The volatility in fee income, particularly the negative contribution observed in early 2025, suggests that the bank's non-interest income stream is currently a drag on overall profitability quality.

Efficiency Ratio Volatility Hinders Returns

According to quarterly filings, EFSI's efficiency ratio has fluctuated wildly, reaching a peak of 83.7% in 2025Q1, which highlights the difficulty of managing a high-cost brick-and-mortar footprint while NIM remains stagnant at 0.9% across the most recent reporting periods.

The inability to maintain a sub-50% efficiency ratio suggests that the bank's expansion into competitive Northern Virginia markets is incurring higher-than-anticipated overhead costs. This operational drag, combined with a narrow NIM, warrants further investigation into whether the bank's current cost structure is structurally misaligned with its revenue-generating capacity.

Conservative Capitalization Supports Long-term Stability

Based on the latest balance sheet data, EFSI has improved its equity-to-assets ratio to 0.10 as of 2026Q1, providing a robust capital buffer that appears sufficient to absorb potential credit losses within its concentrated construction and land development loan portfolio.

This conservative capital stance reflects a management preference for balance sheet preservation over aggressive growth, which may limit short-term ROE but provides a necessary cushion against regional economic shocks. Investors should monitor whether this capital strength will be deployed for organic growth or if it will remain underutilized in the current high-rate environment.

Misapplication of P/E in Banking

The P/E ratio is frequently misapplied to EFSI, as it obscures the impact of non-cash CECL provisions and volatile fee income that can artificially depress earnings in any given quarter, making the P/TBV a more reliable metric for assessing the bank's true franchise value.

Relying on P/E ignores the reality that bank earnings are often a function of accounting adjustments rather than pure operational cash flow. Analysts should instead focus on the P/TBV and the trend in ROTCE to better understand the bank's underlying ability to generate value for shareholders without the noise of periodic credit provisioning.

Download Financial Ratios Data

Includes 30+ ratios · 24 years · Updated daily

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EFSI — Frequently Asked Questions

Quick answers to the most common questions about buying EFSI stock.

What is Eagle Financial Services, Inc.'s P/E ratio?

Eagle Financial Services, Inc.'s current P/E ratio is 25.3x. The historical average is 15.3x. This places it at the 88th percentile of its historical range.

What is Eagle Financial Services, Inc.'s EV/EBITDA?

Eagle Financial Services, Inc.'s current EV/EBITDA is 25.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.3x.

What is Eagle Financial Services, Inc.'s ROE?

Eagle Financial Services, Inc.'s return on equity (ROE) is 5.3%. The historical average is 10.9%.

Is EFSI stock overvalued?

Based on historical data, Eagle Financial Services, Inc. is trading at a P/E of 25.3x. This is at the 88th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Eagle Financial Services, Inc.'s dividend yield?

Eagle Financial Services, Inc.'s current dividend yield is 2.82% with a payout ratio of 74.4%.

What are Eagle Financial Services, Inc.'s profit margins?

Eagle Financial Services, Inc. has 61.6% gross margin and 9.5% operating margin.

How much debt does Eagle Financial Services, Inc. have?

Eagle Financial Services, Inc.'s Debt/EBITDA ratio is 6.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.