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First Merchants (First Merchants) Price-to-Free-Cash-Flow : 7.92 (As of Apr. 25, 2024)


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What is First Merchants Price-to-Free-Cash-Flow?

As of today (2024-04-25), First Merchants's share price is $34.46. First Merchants's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.35. Hence, First Merchants's Price-to-Free-Cash-Flow Ratio for today is 7.92.

The historical rank and industry rank for First Merchants's Price-to-Free-Cash-Flow or its related term are showing as below:

FRME' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.46   Med: 10.57   Max: 20.48
Current: 7.93

During the past 13 years, First Merchants's highest Price-to-Free-Cash-Flow Ratio was 20.48. The lowest was 3.46. And the median was 10.57.

FRME's Price-to-Free-Cash-Flow is ranked worse than
62.18% of 989 companies
in the Banks industry
Industry Median: 6.65 vs FRME: 7.93

First Merchants's Free Cash Flow per Share for the three months ended in Dec. 2023 was $1.45. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $4.35.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of First Merchants was -11.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 5.00% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 6.00% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 5.30% per year.

During the past 13 years, First Merchants's highest 3-Year average Free Cash Flow per Share Growth Rate was 47.70% per year. The lowest was -25.40% per year. And the median was 7.50% per year.


First Merchants Price-to-Free-Cash-Flow Historical Data

The historical data trend for First Merchants's Price-to-Free-Cash-Flow can be seen below:

* 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.

* Premium members only.

First Merchants Price-to-Free-Cash-Flow Chart

First Merchants Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.13 9.95 10.50 8.38 8.52

First Merchants Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.38 6.27 5.54 5.30 8.52

Competitive Comparison of First Merchants's Price-to-Free-Cash-Flow

For the Banks - Regional subindustry, First Merchants's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Merchants's Price-to-Free-Cash-Flow Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Merchants's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where First Merchants's Price-to-Free-Cash-Flow falls into.



First Merchants Price-to-Free-Cash-Flow Calculation

First Merchants's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=34.46/4.35
=7.92

First Merchants's Share Price of today is $34.46.
First Merchants's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.35.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

First Merchants  (NAS:FRME) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


First Merchants Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of First Merchants's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


First Merchants (First Merchants) Business Description

Traded in Other Exchanges
Address
200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.
Executives
Michael C Rechin officer: Executive Vice President, other: Chief Operating Officer 13831 COLDWATER DRIVE, CARMEL IN 46032
Michael J Fisher director 200 EAST JACKSON STREET, MUNCIE IN 47305
Jason R Sondhi director 200 E JACKSON ST, MUNCIE IN 47305
Gary Lehman director 200 EAST JACKSON STREET, MUNCIE IN 47305
Mung Chiang director 200 E JACKSON ST, MUNCIE IN 47305
Stephan Fluhler officer: Chief Information Officer, other: Senior Vice President 200 EAST JACKSON STREET, MUNCIE IN 47305
Charles E Schalliol director 300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Kevin D Johnson director 200 E JACKSON ST, MUNCIE IN 47305
Patrick J. Fehring director 32991 HAMILTON COURT, FARMINGTON HILLS MI 48334
Patrick A Sherman director 609 TREYBOURNE DRIVE, SUITE A, GREENWOOD IN 46142
Chad Kimball officer: Chief Risk Officer 200 EAST JACKSON STREET, MUNCIE IN 47305
Mark K Hardwick officer: Senior Vice President, other: Chief Financial Officer POST OFFICE BOX 792, MUNICE IN 47308-0792
Michael R Becher director 200 E. JACKSON ST., MUNCIE IN 47305
Michael C Marhenke director 200 EAST JACKSON ST, MUNCIE IN 47305
William L Hoy director 200 EAST JACKSON STREET, MUNCIE IN 47305