First Merchants Corp banner

First Merchants Corp
NASDAQ:FRME

Watchlist Manager
First Merchants Corp Logo
First Merchants Corp
NASDAQ:FRME
Watchlist
Price: 40 USD 0.05% Market Closed
Market Cap: $2.5B

Multiples-Based Value

The Multiples-Based Value for First Merchants Corp (FRME) under the Base Case is 38.07 USD. Compared with the current market price of 40 USD, the stock appears Overvalued by 5%.

Multiples-Based Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FRME Multiples-Based Value
Base Case
38.07 USD
Overvaluation 5%
Multiples-Based Value
Price $40
Worst Case
Base Case
Best Case

Valuation Multiples

Multiples Across Competitors

FRME Competitors Multiples
First Merchants Corp Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
US
First Merchants Corp
NASDAQ:FRME
2.5B USD 3.7 11 1
US
PNC Financial Services Group Inc
NYSE:PNC
83.2B USD 3.6 12.6 1.4
US
Truist Financial Corp
NYSE:TFC
60.1B USD 3 12.1 0.9
US
Fifth Third Bancorp
NASDAQ:FITB
43.1B USD 4.8 18.1 2
US
Huntington Bancshares Inc
NASDAQ:HBAN
32.2B USD 3.9 15.3 1.3
US
M&T Bank Corp
NYSE:MTB
32.2B USD 3.3 11.9 1.1
CN
Bank of Ningbo Co Ltd
SZSE:002142
198.4B CNY 2.6 7.2 0.8
CN
Bank of Jiangsu Co Ltd
SSE:600919
198.4B CNY 2.2 6.2 0.6
US
Citizens Financial Group Inc
NYSE:CFG
26.4B USD 3.2 15.7 1
JP
Resona Holdings Inc
TSE:8308
4.2T JPY 3.9 15.8 1.4
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
23.3B USD 2.4 10.9 1
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett