First Advantage (FA) DCF: History & Chart

First Advantage Corporation(FA)

Specialty Business Services · Atlanta, GA

$18.52+0.15 (+0.82%)

Delayed quote: Oct 6, 2026, 10:00 AM EDT

About First Advantage Corporation

First Advantage Corporation (FA) is a global technology firm that delivers solutions centered on human capital, specializing in verification, screening, safety protocols, and regulatory adherence. The company provides an extensive array of services both before and after an individual joins an organization. For pre-employment needs, their offerings encompass criminal background checks, drug and health screenings, verification for an extended workforce, FBI channeling, identity confirmation including biometric fraud mitigation tools, validation of educational and professional histories, driver record checks and compliance, healthcare credential verification, and specialized executive screening, alongside other assessment products. Beyond the initial hiring phase, their post-onboarding solutions include continuous monitoring for criminal records, healthcare sanctions, motor vehicle records, social media activity, and global sanctions and licenses. Furthermore, First Advantage extends its expertise to areas such as fleet and vehicle compliance management, assistance with securing hiring tax credits and incentives, screening services for residents and tenants, and investigative research. These diverse services cater to professionals in various departments, including human resources, recruitment, risk management, compliance, vendor relations, and security, across enterprises of all sizes – from global corporations to mid-sized and small businesses. Established in Atlanta, Georgia, in 2003, First Advantage Corporation was previously known as Fastball Intermediate, Inc., adopting its current name in March 2021.

Atlanta, GA

9,500 employees

fadv.com

Industrials / Specialty Business Services

Sector: Industrials
Industry: Specialty Business Services
CEO: Scott Staples

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First Advantage Corporation (FA) DCF Valuation

Price is ABOVE the estimated range

$5.32

$15.43

Model scenario range

$18.58

Today's price

TGM's two-stage DCF values First Advantage Corporation (FA) between $5.32 and $15.43 depending on assumptions, with a base case of $9.94. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth (capped at 18%)), fading to 2.5% long-run; the discount rate (9.9%) reflects its beta.

What would today's price require?

Growth the price assumes+27.2%/yr

Actual FCF growth, last 5 years+21.2%/yr

$18.58 is justified only if free cash flow grows about +27.2% a year (fading to 2.5% long-run) at a 9.9% required return — faster than the company has actually grown.

Scenario	FCF growth (fading to 2.5%)	Discount	Value / share
Conservative	15.0%/yr	10.9%	$5.32
Base case	18.0%/yr	9.9%	$9.94
Optimistic	20.0%/yr	8.9%	$15.43
Third-party model estimate (FMP)	independent reference · retrieved Oct 6, 2026 · assumptions not provided		$66.12

The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.

Price|PE Ratio|FCF Yield|All Metrics

Current Price

$18.58

Market-Implied Growth

+27.2%/yr

vs +21.2% 5Y actual

Model Scenario Range

$5.32 – $15.43

model output — not a price target

FA DCF Fair Value Calculator

Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for FA (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.

FCF Growth Rate18%/yr

Historical FCF CAGR: 3Y 14.0% · 5Y 21.2%

Discount Rate (WACC)9.9%

Terminal Growth2.5%

Projection Years10yr

Base inputs: FCF $138.0M · 0.17B shares · net debt $1.8B

Estimated Fair Value

$9.94

-46.5% vs $18.58

Current price$18.58

Third-party model estimate (FMP)$66.12

Sensitivity — fair value by discount rate × terminal growth

How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $18.58; red = below. Your current case is outlined.

WACC ↓ / Terminal →	1.50%	2.00%	2.50%	3.00%	3.50%
7.9%	$14.32	$16.14	$18.30	$20.89	$24.07
8.9%	$10.66	$11.96	$13.46	$15.21	$17.28
9.9%	$7.88	$8.85	$9.94	$11.19	$12.63
10.9%	$5.70	$6.44	$7.27	$8.20	$9.25
11.9%	$3.96	$4.54	$5.18	$5.89	$6.69