Is Northeast Bank (Maine) overvalued or undervalued?

Nov 04 2025 11:16 AM IST
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As of October 31, 2025, Northeast Bank (Maine) is considered very attractive due to its undervalued status, with a P/E ratio of 9, a PEG ratio of 0.30, and an EV to EBITDA of 5.63, significantly lower than peers like Central Pacific Financial Corp. and Metropolitan Bank Holding Corp., alongside strong ROCE of 25.22% and ROE of 15.69%.
As of 31 October 2025, the valuation grade for Northeast Bank (Maine) moved from attractive to very attractive. The company is currently undervalued, supported by a P/E ratio of 9, a PEG ratio of 0.30, and an EV to EBITDA of 5.63. In comparison to its peers, Central Pacific Financial Corp. has a P/E of 13.75, while Metropolitan Bank Holding Corp. stands at 12.12, indicating that Northeast Bank is trading at a significant discount relative to these competitors.

The strong ROCE of 25.22% and ROE of 15.69% further highlight the bank's efficient capital use and profitability. While specific return data is not available, the overall valuation metrics suggest that Northeast Bank is positioned favorably compared to the broader market.
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