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Horizon Bancorp (IN) (Horizon Bancorp (IN)) GF Value : $14.83 (As of Apr. 29, 2024)


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What is Horizon Bancorp (IN) GF Value?

The GF Value represents the current intrinsic value of a stock derived from our exclusive method. The GF Value Line on our summary page gives an overview of the fair value that the stock should be traded at. It is calculated based on three factors:

  1. Historical multiples (PE Ratio, PS Ratio, PB Ratio and Price-to-Free-Cash-Flow) that the stock has traded at.
  2. GuruFocus adjustment factor based on the company’s past returns and growth.
  3. Future estimates of the business performance.

We believe the GF Value Line is the fair value that the stock should be traded at. The stock price will most likely fluctuate around the GF Value Line. If the stock price is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher.

Please note, "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

As of today (2024-04-29), Horizon Bancorp (IN)'s share price is $11.54. Horizon Bancorp (IN)'s GF Value is $14.83. Therefore, Horizon Bancorp (IN)'s Price-to-GF-Value for today is 0.78.

Based on the relationship between the current stock price and the GF Value, GuruFocus believes Horizon Bancorp (IN) is Modestly Undervalued.


Horizon Bancorp (IN)  (NAS:HBNC) GF Value Explanation

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

Posssible Evaluations All-in-One Screener Examples (2)
Possible Value Trap, Think Twice (1)Predictable Companies that possibly be Value Traps
Significantly OvervaluedPredictable Companies which are Significantly Overvalued
Modestly OvervaluedPredictable Companies which are Modestly Overvalued
Fairly ValuedPredictable High Quality Companies which are Fairly Valued
Modestly Undervalued (3)Predictable High Quality Companies which are Modestly Undervalued
Significantly Undervalued (3)Predictable High Quality Companies which are Significantly Undervalued

(1) "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

(2) These are some simple examples. You can access our GF Valuation filter under All-in-One Screener’s Fundamental tab, and Price-to-GF-Value filter under Valuation Ratio tab and set your own criteria.

(3) There is only a sufficient margin of safety when the stock is undervalued.

Horizon Bancorp (IN)'s Price-to-GF-Value for today is calculated as

Price-to-GF-Value=Share Price/GF Value
=11.54/14.83
=0.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Horizon Bancorp (IN) GF Value Related Terms

Thank you for viewing the detailed overview of Horizon Bancorp (IN)'s GF Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Horizon Bancorp (IN) (Horizon Bancorp (IN)) Business Description

Traded in Other Exchanges
N/A
Address
515 Franklin Street, Michigan City, IN, USA, 46360
Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. In addition, the company provides advances, loans, term loans, overdrafts for various business purposes such as business expansion, purchasing machinery and equipment, business mortgaged and others. The company has one principal business segment, commercial banking. Revenue generated by the company mainly consists of dividends received.
Executives
Susan D Aaron director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Todd A. Etzler officer: Executive Vice President & GC 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Vanessa Peterson Williams director 999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Craig M Dwight officer: Chief Executive Officer 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Thomas M Prame officer: President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Noe S Najera officer: EVP, Sr. Retail & Mort Lending 515 FRANKLIN ST, MICHIGAN CITY IN 46360
Julie Scheck Freigang director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Michele M. Magnuson director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
James D Neff officer: President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Kathie A Deruiter officer: Executive Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Lynn Kerber officer: EVP & SCCO 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Dennis Kuhn officer: Executive Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Steven William Reed director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Peter L Pairitz director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Eric P. Blackhurst director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360

Horizon Bancorp (IN) (Horizon Bancorp (IN)) Headlines

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