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Mercantile BankDHA:MERCANBANK 68 EV-to-FCF is 0.37 as of Jul. 23, 2026, which is 88% below its 10-year median of 3.17. GuruFocus rates DHA:MERCANBANK with a GF Score™ of 68/100 and a GF Value™ of BDT8.34 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,193 Banks companies, Mercantile Bank ranks better than 82.65% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mercantile Bank's Enterprise Value is BDT-4,752 Mil.
Mercantile Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was BDT-12,679 Mil. Therefore, Mercantile Bank's EV-to-FCF for today is 0.37.
The historical rank and industry rank for Mercantile Bank's EV-to-FCF or its related term are showing as below:
DHA:MERCANBANK'
s EV-to-FCF Range Over the Past 10 Years
Min: -64.51 Med: 3.17 Max: 132.49
Current: 0.37
During the past 11 years, the highest EV-to-FCF of Mercantile Bank was 132.49. The lowest was -64.51. And the median was 3.17.
DHA:MERCANBANK's EV-to-FCF is ranked better than 82.65% of 1193
companies
in the Banks industry
Industry Median: 6.76
vs DHA:MERCANBANK: 0.37
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Mercantile Bank (DHA:MERCANBANK) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Mercantile Bank's PE Ratio (TTM) for today is calculated as:
Mercantile Bank's share price for today is BDT7.60.
Mercantile Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT0.550.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Mercantile Bank EV-to-FCF Related Terms
Mercantile Bank EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Mercantile Bank's EV-to-FCF 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.
For the Banks - Regional subindustry, Mercantile Bank's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Mercantile Bank EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Mercantile Bank's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Mercantile Bank's EV-to-FCF falls into.
Mercantile Bank's current Enterprise Value is BDT-4,752 Mil.
Mercantile Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-12,679 Mil.
* 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.
Mercantile Bank (DHA:MERCANBANK) has a EV-to-FCF of 0.37 as of Jul. 23, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mercantile Bank and its competitors. This is 88% below median its historical median of 3.17. According to the industry distribution chart, Mercantile Bank ranks #207 out of 1193 companies in the Banks industry, placing it in the top 17.4%.
Is Mercantile Bank's EV-to-FCF too high?
Mercantile Bank's current EV-to-FCF of 0.37 is 88% below median its 10-year median of 3.17. The Banks industry median EV-to-FCF is 6.76. Mercantile Bank's value of 0.37 is 94.5% below this industry median. Based on the distribution chart, Mercantile Bank ranks #207 out of 1193 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Mercantile Bank has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercantile Bank's EV-to-FCF compare to competitors?
According to the Banks industry distribution chart, Mercantile Bank ranks #207 out of 1193 companies for EV-to-FCF. This places Mercantile Bank in the top 17% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 6.76. Mercantile Bank's value of 0.37 is 94.5% below this benchmark. While the company's 10-year median is 3.17 vs. the industry median of 6.76, Mercantile Bank has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Banks company?
The median EV-to-FCF among Banks companies is 6.76, based on 1,193 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercantile Bank's current EV-to-FCF of 0.37 is 94.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mercantile Bank and its competitors. For the Banks industry, the median EV-to-FCF is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Bank's current EV-to-FCF is 0.37, which is 88% below median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Bank stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Bank (DHA:MERCANBANK) is currently considered Fairly Valued. The stock's GF Value™ is BDT8.34, compared to a current price of BDT7.60 — trading 8.9% below its estimated fair value. The current EV-to-FCF is 0.37, which is 88% below median its 10-year median of 3.17 and 94.5% below the Banks industry median of 6.76. Mercantile Bank's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Mercantile Bank (DHA:MERCANBANK), the current EV-to-FCF is 0.37 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mercantile Bank (DHA:MERCANBANK) Overvalued in 2026?
Based on GuruFocus' analysis, Mercantile Bank stock appears to be undervalued.
The current stock price of BDT7.60 is trading 8.9% below its estimated GF Value™ of BDT8.34.
GuruFocus considers Mercantile Bank to be Fairly Valued.
Key valuation signals for DHA:MERCANBANK:
EV-to-FCF: 0.37 (88% below median its 10-year median of 3.17)
GF Value™: BDT8.34 vs. price of BDT7.60 (8.9% below fair value)
Industry Position: 94.5% below the Banks median (#207 of 1193)
No single metric tells the full story. See the DHA:MERCANBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercantile Bank PLC is a commercial bank that engages in providing banking and financial services. It offers a range of services such as SME financing, Retail Banking, Corporate Banking, Foreign Trade, NRB banking, Treasury instruments services, and E-banking, among others. Its operating segments comprise Commercial Banking including Off-shore Banking Units, Islamic Banking Window Operations, Mercantile Bank Securities Limited; MBL Assets Management Limited, and Mercantile Exchange House (UK) Ltd.
68GF Score
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