First Advantage Corporation

First Advantage Corporation

FAยทNASDAQ

$16.02

-6.2%
IndustrialsSpecialty Business Services

First Advantage Corporation provides technology solutions for screening, verifications, safety, and compliance related to human capital worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products. The company also provides post-onboarding solutions, including criminal records monitoring, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and fleet/vehicle compliance, hiring tax credits and incentives, resident/tenant screening, and investigative research. Its products and solutions are used by personnel in recruiting, human resources, risk, compliance, vendor management, safety, and/or security in global enterprises, mid-sized, and small companies. The company was formerly known as Fastball Intermediate, Inc. and changed its name to First Advantage Corporation in March 2021. First Advantage Corporation was founded in 2003 and is headquartered in Atlanta, Georgia.

At a Glance

Live Snapshot
Market Cap$2.75B
EPS-0.2000
P/E Ratio-80.10
Earnings Date08/06/2026
First Advantage Corporation

First Advantage Corporation Fair Value Envelope

FA ยท NASDAQ

Our analysis suggests that FA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $16.02, this represents a potential HIDDEN relative to our calculated worth for First Advantage Corporation.

Intrinsic Value
Current Price: $16.02

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1,675.5B
+ Cash & Equivalents$240.0M
Firm Value$1,675.7B
- Debt$9.1M
Equity Value$1,675.7B
/ Shares Outstanding174,035,313B
DCF Value$9.6K
UNDERVALUED BY 60003%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$390.3M
$780.5M
$1.6B
$3.1B
$6.2B
$12.5B
$25.0B
$50.0B
$99.9B
$199.8B
Maintenance CapEx
-$21.7M
-$43.4M
-$86.8M
-$173.6M
-$347.2M
-$694.4M
-$1.4B
-$2.8B
-$5.6B
-$11.1B
Owner Earnings
$368.6M
$737.1M
$1.5B
$2.9B
$5.9B
$11.8B
$23.6B
$47.2B
$94.3B
$188.7B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$341.3M
$631.9M
$1.2B
$2.2B
$4.0B
$7.4B
$13.8B
$25.5B
$47.2B
$87.4B
Terminal Value represents 88.7% of Enterprise Value