Is First Capital, Inc. overvalued or undervalued?

As of 5 September 2025, the valuation grade for First Capital, Inc. has moved from very attractive to attractive. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 14, a Price to Book Value of 1.41, and an EV to EBITDA of 2.90. In comparison, Western New England Bancorp, Inc. is considered expensive with a P/E of 20.74, while Riverview Bancorp, Inc. is attractive with a P/E of 20.49.
In terms of recent performance, First Capital, Inc. has outperformed the S&P 500 over the past month with a return of 22.99% compared to the index's 2.33%. However, over the longer term, the company's 5-year return of -22.53% significantly lags behind the S&P 500's 96.61%, indicating volatility and potential concerns about sustained growth.