First Merchants (STU:FM5) Cash Conversion Cycle

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:FM5 First Merchants Corp STU:FM5
60 GF Score
Price €37.80
GF Value €35.13
! 7 Warning Signs
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What is First Merchants Cash Conversion Cycle?

Cash Conversion Cycle (CCC) does not apply to banks and insurance companies.

STU:FM5
60GF Score
First Merchants Corp STU:FM5
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Is First Merchants (STU:FM5) Overvalued in 2026?

Based on GuruFocus' analysis, First Merchants stock appears to be overvalued. The current stock price of €37.80 is trading 7.6% above its estimated GF Value™ of €35.13.

Key valuation signals for STU:FM5:

  • Cash Conversion Cycle:
  • GF Value™: €35.13 vs. price of €37.80 (7.6% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the STU:FM5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Merchants Business Description

Other Exchanges FRME:USA
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, which is community banking.
60GF Score

Get the complete analysis for STU:FM5

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€37.80
Price
€35.13
GF Value