First Merchants Corp
NASDAQ:FRME
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First Merchants Corp
NASDAQ:FRME
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C
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Cahayaputra Asa Keramik Tbk PT
IDX:CAKK
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Intrinsic Value
The intrinsic value of First Merchants Corp (FRME) under the Base Case is 37.45 USD per share.
Compared with the current market price of 41.6 USD, the stock appears
Overvalued by 10% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What First Merchants Does
First Merchants Corp is the bank holding company behind First Merchants Bank, a regional commercial bank serving individuals, small businesses, and middle-market companies in the Midwest. It takes deposits, makes loans, and offers everyday banking services such as checking accounts, savings products, mortgages, business credit, and treasury services. Its main job is to gather local deposits and turn them into loans and fee-based banking services for customers in the communities it serves.
- Headquarters
- United States of America US
- Employees
- 2 086
- IPO date
- Jun 20, 1989
The intrinsic value for First Merchants Corp (FRME) under the Base Case is 37.45 USD.
Compared with the current market price of 41.6 USD, the stock appears Overvalued by 10% .