ScoreComparison
Company
Score
Quality
Valuation
Financial
Technical
Why is First Merchants Corp. (Indiana) ?
1
High Profitability with a Net Interest Margin of 6.83%
2
Flat results in Jun 25
- OPERATING CASH FLOW(Y) Lowest at USD 259.71 MM
- CASH AND EQV(HY) Lowest at USD 167.68 MM
3
With ROA of 0.92%, it has a fair valuation with a 0.92 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -17.26%, its profits have risen by 0.6% ; the PEG ratio of the company is 3.7
4
High Institutional Holdings at 83.17%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 1.46% over the previous quarter.
5
Below par performance in long term as well as near term
- Along with generating -17.26% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to First Merchants Corp. (Indiana) should be less than 10%
- Overall Portfolio exposure to Major Banks should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Major Banks)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is First Merchants Corp. (Indiana) for you?
Low Risk, Medium Return
Absolute
Risk Adjusted
Volatility
First Merchants Corp. (Indiana)
-12.5%
0.68
29.02%
S&P 500
13.22%
0.61
20.17%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
14.43%
EBIT Growth (5y)
3.34%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
40.78%
Pledged Shares
0
Institutional Holding
83.17%
ROCE (avg)
0
ROE (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.92
EV to EBIT
15.62
EV to EBITDA
13.39
EV to Capital Employed
0.94
EV to Sales
3.15
PEG Ratio
3.68
Dividend Yield
5.08%
ROCE (Latest)
6.04%
ROE (Latest)
8.95%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
DIVIDEND PER SHARE(HY)
Highest at USD 0
CREDIT DEPOSIT RATIO(Q)
Highest at 0.51%
-4What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at USD 259.71 MM
CASH AND EQV(HY)
Lowest at USD 167.68 MM
Here's what is working for First Merchants Corp. (Indiana)
Credit Deposit Ratio
Highest at 0.51% and Grown
In each half year in the last four Semi-Annual periodsMOJO 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 yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (USD)
Here's what is not working for First Merchants Corp. (Indiana)
Operating Cash Flow
Lowest at USD 259.71 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (USD MM)
Cash and Eqv
Lowest at USD 167.68 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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