First Merchants Corp. (Indiana) (FRME) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

UMB Financial Corp.

Axos Financial, Inc.

Associated Banc-Corp

Texas Capital Bancshares, Inc.

First Financial Bankshares, Inc.

Community Bank System, Inc.

F.N.B. Corp. (Pennsylvania)

Fulton Financial Corp.

WaFd, Inc.

First Merchants Corp. (Indiana)

Simmons First National Corp.

Why is First Merchants Corp. (Indiana) ?

Flat results in Mar 26

OPERATING PROFIT MARGIN(Q) Lowest at 10.9 %
OPERATING PROFIT(Q) Lowest at USD 27.09 MM
PRE-TAX PROFIT(Q) Lowest at USD 27.09 MM

Underperformed the market in the last 1 year

The stock has generated a return of 14.00% in the last 1 year, much lower than market (S&P 500) returns of 25.41%

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Major Banks)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is First Merchants Corp. (Indiana) for you?

Medium Risk, Medium Return

Absolute

Risk Adjusted

Volatility

First Merchants Corp. (Indiana)

14.0%

1.24

24.98%

S&P 500

25.41%

1.92

13.25%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

15.57%

EBIT Growth (5y)

5.75%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

36.83%

Pledged Shares

Institutional Holding

76.03%

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.97

EV to EBIT

12.32

EV to EBITDA

10.92

EV to Capital Employed

0.98

EV to Sales

3.06

PEG Ratio

0.77

Dividend Yield

3.73%

ROCE (Latest)

7.93%

ROE (Latest)

9.16%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Dow Theory

No Trend

Mildly Bearish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

14What is working for the Company

OPERATING CASH FLOW(Y)

Highest at USD 280.54 MM

NII(Q)

Highest at USD 151.3 MM

DIVIDEND PER SHARE(HY)

Highest at USD 0

NET SALES(Q)

Highest at USD 248.57 MM

CREDIT DEPOSIT RATIO(Q)

Highest at 0.59%

DIVIDEND PAYOUT RATIO(Y)

Highest at 79.33%

-14What is not working for the Company

OPERATING PROFIT MARGIN(Q)

Lowest at 10.9 %

OPERATING PROFIT(Q)

Lowest at USD 27.09 MM

PRE-TAX PROFIT(Q)

Lowest at USD 27.09 MM

NET PROFIT(Q)

Lowest at USD 28.16 MM

EPS(Q)

Lowest at USD 0.45

Here's what is working for First Merchants Corp. (Indiana)

NII

Highest at USD 151.3 MM and Grown

In each period in the last five periods

MOJO Watch

The bank's income from core business is increasing

Net NPA

Operating Cash Flow

Highest at USD 280.54 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Net Sales

Highest at USD 248.57 MM and Grown

In each period in the last five periods

MOJO Watch

Near term sales trend is very positive

Net Sales (USD MM)

Credit Deposit Ratio

Highest at 0.59% and Grown

In each half year in the last four Semi-Annual periods

MOJO Watch

Bank has been creating proportionately higher loans against its deposits, thereby creating higher revenue generating assets

Credit Deposit Ratio (%)

Dividend per share

Highest at USD 0 and Grown

In each year in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (USD)

Dividend Payout Ratio

Highest at 79.33%

in the last five years

MOJO Watch

Company is distributing higher proportion of profits generated as dividend

DPR (%)

Depreciation

Highest at USD 8.99 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (USD MM)

Depreciation

At USD 8.99 MM has Grown at 57.67%

period on period (QoQ)

MOJO Watch

The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (USD MM)

Here's what is not working for First Merchants Corp. (Indiana)

Pre-Tax Profit

At USD 27.09 MM has Fallen at -58.19%

over average net sales of the previous four periods of USD 64.78 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (USD MM)

Net Profit

At USD 28.16 MM has Fallen at -50.17%

over average net sales of the previous four periods of USD 56.5 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (USD MM)

Operating Profit Margin

Lowest at 10.9 % and Fallen

In each period in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Operating Profit

Lowest at USD 27.09 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (USD MM)

Pre-Tax Profit

Lowest at USD 27.09 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (USD MM)

Net Profit

Lowest at USD 28.16 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (USD MM)

EPS

Lowest at USD 0.45

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (USD)