Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 33.52 USD 2.57% Market Closed
Market Cap: 693.5m USD
Section:
 

Relative Value

The Relative Value of one IBCP stock under the Base Case scenario is 30.81 USD. Compared to the current market price of 33.52 USD, Independent Bank Corp (Michigan) is Overvalued by 8%.

Relative 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.

IBCP Relative Value
Base Case
30.81 USD
Overvaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3
P/S
P/S
Price to Sales
3
vs History
19
vs Industry
36
Median 3Y
2.5
Median 5Y
2.1
Industry
2.8
Forward
3.7
More Details
10.1
P/E
P/E
Price to Earnings
10.1
vs History
19
vs Industry
51
Median 3Y
8.8
Median 5Y
7.1
Industry
11.5
Forward
10.2
More Details
1.4
P/B
P/B
Price to Book Value
1.4
vs History
22
vs Industry
16
Median 3Y
1.3
Median 5Y
1.2
Industry
1.1
More Details
0.1
Price/Deposits
Price/Deposits
Price to Deposits
0.1
vs History
20
vs Industry
36
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1
More Details

Multiples Across Competitors

IBCP Competitors Multiples
Independent Bank Corp (Michigan) Competitors

All Multiples
P/S
P/E
P/B
All Countries
All Countries
Close

See Also

Summary
IBCP intrinsic value, competitors valuation, and company profile.
DCF Valuation
IBCP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
IBCP stock valuation using valuation multiples.
Wall Street Estimates
IBCP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
IBCP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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