First Historical Financial Ratios

FRME Stock

USD 43.75 0.21 0.48%

First Merchants is recently reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.46 or Days Sales Outstanding of 57.54 will help investors to properly organize and evaluate First Merchants financial condition quickly.

Quick Ratio Current Ratio

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade First Stock refer to our How to Trade First Stock guide.

About First Financial Ratios Analysis

First MerchantsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate First Merchants investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on First financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across First Merchants history.

First Merchants Financial Ratios Chart

At present, First Merchants' Days Sales Outstanding is projected to slightly decrease based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 39.80, whereas Dividend Yield is forecasted to decline to 0.04.

Price To Sales Ratio Dividend Yield Ptb Ratio Days Sales Outstanding Receivables Turnover

Add Fundamental

Price To Sales Ratio

Price to Sales Ratio is figured by comparing First Merchants stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First Merchants sales, a figure that is much harder to manipulate than other First Merchants multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is First Merchants dividend as a percentage of First Merchants stock price. First Merchants dividend yield is a measure of First Merchants stock productivity, which can be interpreted as interest rate earned on an First Merchants investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most ratios from First Merchants' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into First Merchants current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Merchants' Days Sales Outstanding is projected to slightly decrease based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 39.80, whereas Dividend Yield is forecasted to decline to 0.04.

	2021	2022	2023	2024 (projected)
Dividend Yield	0.0272	0.0313	0.0373	0.0353
Price To Sales Ratio	4.33	3.78	3.36	2.73

Dividend Yield Price To Sales Ratio

First Merchants fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Net Income Per Share	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe	Ev To Operating Cash Flow	Pe Ratio
Price To Sales Ratio		-0.2	0.77	-0.24	0.42	-0.43	0.08	0.47	0.77	0.93	-0.26	-0.3	0.41	0.2	0.48	0.38	0.78	0.44	0.31	0.34	0.07	0.2	-0.46	0.22	0.68	0.72
Dividend Yield	-0.2		-0.03	0.74	0.33	0.23	0.1	-0.67	-0.03	-0.21	0.35	0.59	0.47	-0.53	-0.67	0.22	-0.22	-0.66	0.78	-0.61	0.47	-0.52	-0.35	0.65	-0.22	-0.57
Ptb Ratio	0.77	-0.03		0.06	0.28	-0.36	0.01	0.35	1.0	0.73	-0.12	0.13	0.35	-0.21	0.38	0.06	0.67	0.27	0.46	0.24	0.23	-0.21	-0.47	0.41	0.62	0.68
Days Sales Outstanding	-0.24	0.74	0.06		-0.27	0.16	-0.26	-0.48	0.06	-0.29	0.11	0.89	-0.11	-0.25	-0.47	-0.31	-0.19	-0.53	0.55	-0.42	0.28	-0.25	-0.18	0.58	-0.22	-0.24
Book Value Per Share	0.42	0.33	0.28	-0.27		-0.06	0.62	-0.17	0.28	0.44	0.22	-0.39	0.94	-0.49	-0.18	0.8	0.21	-0.1	0.56	-0.23	0.21	-0.49	-0.31	0.19	0.21	-0.09
Free Cash Flow Yield	-0.43	0.23	-0.36	0.16	-0.06		0.56	-0.55	-0.36	-0.4	0.87	0.11	-0.06	-0.1	-0.57	0.03	-0.81	-0.28	-0.03	-0.66	0.51	-0.1	0.73	-0.09	-0.78	-0.36
Operating Cash Flow Per Share	0.08	0.1	0.01	-0.26	0.62	0.56		-0.41	0.01	0.11	0.72	-0.34	0.56	-0.33	-0.42	0.5	-0.41	-0.04	0.15	-0.53	0.31	-0.33	0.46	-0.03	-0.38	-0.13
Capex To Depreciation	0.47	-0.67	0.35	-0.48	-0.17	-0.55	-0.41		0.35	0.59	-0.67	-0.38	-0.26	0.31	1.0	-0.29	0.66	0.38	-0.32	0.92	-0.38	0.31	-0.16	-0.37	0.72	0.67
Pb Ratio	0.77	-0.03	1.0	0.06	0.28	-0.36	0.01	0.35		0.73	-0.12	0.13	0.35	-0.21	0.38	0.06	0.67	0.27	0.46	0.24	0.23	-0.21	-0.47	0.41	0.62	0.68
Ev To Sales	0.93	-0.21	0.73	-0.29	0.44	-0.4	0.11	0.59	0.73		-0.27	-0.38	0.4	0.1	0.6	0.23	0.76	0.34	0.28	0.45	0.03	0.1	-0.39	0.11	0.76	0.71
Free Cash Flow Per Share	-0.26	0.35	-0.12	0.11	0.22	0.87	0.72	-0.67	-0.12	-0.27		0.12	0.29	-0.29	-0.68	0.22	-0.68	-0.21	0.14	-0.76	0.67	-0.29	0.46	0.2	-0.67	-0.39
Roic	-0.3	0.59	0.13	0.89	-0.39	0.11	-0.34	-0.38	0.13	-0.38	0.12		-0.15	-0.21	-0.37	-0.41	-0.2	-0.37	0.36	-0.34	0.27	-0.22	-0.21	0.66	-0.24	-0.29
Net Income Per Share	0.41	0.47	0.35	-0.11	0.94	-0.06	0.56	-0.26	0.35	0.4	0.29	-0.15		-0.49	-0.27	0.74	0.2	-0.07	0.59	-0.31	0.33	-0.49	-0.46	0.5	0.19	-0.21
Payables Turnover	0.2	-0.53	-0.21	-0.25	-0.49	-0.1	-0.33	0.31	-0.21	0.1	-0.29	-0.21	-0.49		0.3	-0.04	0.13	0.57	-0.57	0.3	-0.24	1.0	0.12	-0.21	0.02	0.26
Capex To Revenue	0.48	-0.67	0.38	-0.47	-0.18	-0.57	-0.42	1.0	0.38	0.6	-0.68	-0.37	-0.27	0.3		-0.3	0.69	0.4	-0.31	0.94	-0.37	0.3	-0.17	-0.37	0.75	0.69
Cash Per Share	0.38	0.22	0.06	-0.31	0.8	0.03	0.5	-0.29	0.06	0.23	0.22	-0.41	0.74	-0.04	-0.3		0.12	0.18	0.35	-0.32	0.24	-0.04	-0.21	0.13	-0.01	-0.14
Pocfratio	0.78	-0.22	0.67	-0.19	0.21	-0.81	-0.41	0.66	0.67	0.76	-0.68	-0.2	0.2	0.13	0.69	0.12		0.4	0.23	0.72	-0.12	0.13	-0.71	0.13	0.96	0.65
Interest Coverage	0.44	-0.66	0.27	-0.53	-0.1	-0.28	-0.04	0.38	0.27	0.34	-0.21	-0.37	-0.07	0.57	0.4	0.18	0.4		-0.48	0.39	0.02	0.57	-0.03	-0.1	0.3	0.46
Payout Ratio	0.31	0.78	0.46	0.55	0.56	-0.03	0.15	-0.32	0.46	0.28	0.14	0.36	0.59	-0.57	-0.31	0.35	0.23	-0.48		-0.33	0.44	-0.57	-0.49	0.53	0.2	0.0
Capex To Operating Cash Flow	0.34	-0.61	0.24	-0.42	-0.23	-0.66	-0.53	0.92	0.24	0.45	-0.76	-0.34	-0.31	0.3	0.94	-0.32	0.72	0.39	-0.33		-0.37	0.3	-0.24	-0.37	0.79	0.57
Pfcf Ratio	0.07	0.47	0.23	0.28	0.21	0.51	0.31	-0.38	0.23	0.03	0.67	0.27	0.33	-0.24	-0.37	0.24	-0.12	0.02	0.44	-0.37		-0.23	-0.01	0.41	-0.15	-0.12
Days Payables Outstanding	0.2	-0.52	-0.21	-0.25	-0.49	-0.1	-0.33	0.31	-0.21	0.1	-0.29	-0.22	-0.49	1.0	0.3	-0.04	0.13	0.57	-0.57	0.3	-0.23		0.11	-0.21	0.02	0.25
Income Quality	-0.46	-0.35	-0.47	-0.18	-0.31	0.73	0.46	-0.16	-0.47	-0.39	0.46	-0.21	-0.46	0.12	-0.17	-0.21	-0.71	-0.03	-0.49	-0.24	-0.01	0.11		-0.62	-0.64	-0.03
Roe	0.22	0.65	0.41	0.58	0.19	-0.09	-0.03	-0.37	0.41	0.11	0.2	0.66	0.5	-0.21	-0.37	0.13	0.13	-0.1	0.53	-0.37	0.41	-0.21	-0.62		0.05	-0.27
Ev To Operating Cash Flow	0.68	-0.22	0.62	-0.22	0.21	-0.78	-0.38	0.72	0.62	0.76	-0.67	-0.24	0.19	0.02	0.75	-0.01	0.96	0.3	0.2	0.79	-0.15	0.02	-0.64	0.05		0.61
Pe Ratio	0.72	-0.57	0.68	-0.24	-0.09	-0.36	-0.13	0.67	0.68	0.71	-0.39	-0.29	-0.21	0.26	0.69	-0.14	0.65	0.46	0.0	0.57	-0.12	0.25	-0.03	-0.27	0.61

Click cells to compare fundamentals

First Merchants Account Relationship Matchups

First Merchants fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	4.82	4.11	4.33	3.78	3.36	2.73
Dividend Yield	0.024	0.028	0.0272	0.0313	0.0373	0.0353
Days Sales Outstanding	40.26	40.02	40.14	49.43	54.48	57.54
Book Value Per Share	34.75	34.7	35.56	35.27	37.9	39.8
Free Cash Flow Yield	0.11	(0.0627)	0.1	0.0635	0.12	0.0942
Operating Cash Flow Per Share	3.47	3.79	3.86	4.65	4.36	4.58
Stock Based Compensation To Revenue	0.009282	0.009349	0.009158	0.007406	0.007883	0.009398
Ev To Sales	5.26	3.95	3.97	4.93	4.52	3.45
Free Cash Flow Per Share	(2.61)	3.79	2.66	4.65	4.36	4.58
Roic	0.0723	0.0623	0.0869	0.0983	0.0717	0.14
Net Income Per Share	3.2	2.75	3.82	3.85	3.77	3.96
Cash Per Share	40.56	46.33	55.52	38.57	29.34	30.8
Pocfratio	11.99	9.87	10.86	8.85	8.5	8.16
Interest Coverage	1.78	2.56	6.7	4.01	0.74	0.71
Payout Ratio	0.26	0.31	0.38	0.3	0.37	0.43
Pfcf Ratio	(15.95)	9.87	15.74	8.85	8.5	8.93
Income Quality	1.08	1.38	1.01	1.21	1.16	1.36
Roe	0.0737	0.11	0.0921	0.0792	0.0996	0.1
Ev To Operating Cash Flow	13.07	9.5	9.95	11.56	11.43	10.68
Pe Ratio	13.0	13.61	10.96	10.68	9.83	10.94
Return On Tangible Assets	0.0108	0.0169	0.0138	0.011	0.0129	0.0127
Ev To Free Cash Flow	(17.4)	9.5	14.42	11.56	11.43	12.1
Earnings Yield	0.0769	0.0735	0.0912	0.0936	0.1	0.0732
Intangibles To Total Assets	0.0465	0.0407	0.0369	0.0417	0.0402	0.0214
Net Debt To E B I T D A	0.96	(0.43)	(0.75)	2.72	2.8	2.88
Current Ratio	316.02	778.3	1.1K	44.32	39.89	37.89
Tangible Book Value Per Share	23.49	24.1	24.95	22.31	25.44	26.71
Receivables Turnover	9.07	9.12	9.09	7.38	6.7	6.36
Graham Number	50.01	46.32	55.3	55.27	56.73	59.56
Shareholders Equity Per Share	34.75	34.7	35.56	35.27	37.9	39.8
Graham Net Net	(169.82)	(184.49)	(202.28)	(239.9)	(241.89)	(253.98)
Revenue Per Share	8.62	9.1	9.67	10.89	11.03	11.58

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Merchants' Net Worth?

Details

Largest Banks - Regional Companies

View

Largest Financial Services Companies

View

For information on how to trade First Stock refer to our How to Trade First Stock guide.

You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Merchants. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.11)

Dividend Share

1.38

Earnings Share

3.01

Revenue Per Share

10.11

Quarterly Revenue Growth

(0.05)

The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Price Book Value Ratio	Price Earnings To Growth Ratio
Days Of Payables Outstanding	Dividend Payout Ratio
Price To Operating Cash Flows Ratio	Price To Free Cash Flows Ratio
Pretax Profit Margin	Ebt Per Ebit
Operating Profit Margin	Effective Tax Rate
Company Equity Multiplier	Long Term Debt To Capitalization
Total Debt To Capitalization	Return On Capital Employed
Debt Equity Ratio	Ebit Per Revenue
Quick Ratio	Dividend Paid And Capex Coverage Ratio
Net Income Per E B T	Cash Ratio
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity	Operating Cycle
Cash Conversion Cycle

First Historical Financial Ratios

About First Financial Ratios Analysis

First Merchants Financial Ratios Chart

Price To Sales Ratio

Dividend Yield

Ptb Ratio

First Merchants fundamentals Correlations

First Merchants Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Merchants fundamentals Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Capex To Revenue	+ 1.0	Capex To Depreciation
Days Payables Outstanding	+ 1.0	Payables Turnover
Ev To Operating Cash Flow	+ 0.96	Pocfratio
Net Income Per Share	+ 0.94	Book Value Per Share
Capex To Operating Cash Flow	+ 0.94	Capex To Revenue

Pocfratio	- 0.81	Free Cash Flow Yield
Ev To Operating Cash Flow	- 0.78	Free Cash Flow Yield
Capex To Operating Cash Flow	- 0.76	Free Cash Flow Per Share
Income Quality	- 0.71	Pocfratio
Pocfratio	- 0.68	Free Cash Flow Per Share
Capex To Revenue	- 0.68	Free Cash Flow Per Share