First Mid BancsharesFMBH +1.30%62 EV-to-FCF is 12.02 as of Jun. 27, 2026, which is 8% above its 10-year median of 11.12. GuruFocus rates FMBH with a GF Score™ of 62/100 and a GF Value™ of $38.97 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,195 Banks companies, First Mid Bancshares ranks worse than 68.79% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, First Mid Bancshares's Enterprise Value is $1,216.2 Mil.
First Mid Bancshares's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $101.2 Mil. Therefore, First Mid Bancshares's EV-to-FCF for today is 12.02.
The historical rank and industry rank for First Mid Bancshares's EV-to-FCF or its related term are showing as below:
FMBH'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.16 Med: 11.12 Max: 20
Current: 12.02
During the past 13 years, the highest EV-to-FCF of First Mid Bancshares was 20.00. The lowest was 5.16. And the median was 11.12.
FMBH's EV-to-FCF is ranked worse than 68.79% of 1195
companies
in the Banks industry
Industry Median: 6.52
vs FMBH: 12.02
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.
First Mid Bancshares (NAS:FMBH) 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.
First Mid Bancshares's PE Ratio (TTM) for today is calculated as:
First Mid Bancshares's share price for today is $47.95.
First Mid Bancshares'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 $3.970.
* 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.
First Mid Bancshares EV-to-FCF Related Terms
First Mid Bancshares EV-to-FCF Historical Data
* Premium members only.
The historical data trend for First Mid Bancshares'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, First Mid Bancshares'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.
First Mid Bancshares EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, First Mid Bancshares's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where First Mid Bancshares's EV-to-FCF falls into.
First Mid Bancshares's current Enterprise Value is $1,216.2 Mil.
First Mid Bancshares'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 $101.2 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.
First Mid Bancshares (FMBH) has a EV-to-FCF of 12.02 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on First Mid Bancshares and its competitors. This is near median its historical median of 11.12. Over the past decade, First Mid Bancshares' EV-to-FCF has ranged from 5.16 to 20.00. According to the industry distribution chart, First Mid Bancshares ranks #822 out of 1195 companies in the Banks industry, placing it in the top 68.8%.
Is First Mid Bancshares' EV-to-FCF too high?
First Mid Bancshares' current EV-to-FCF of 12.02 is near median its 10-year median of 11.12. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 20.00. The Banks industry median EV-to-FCF is 6.52. First Mid Bancshares' value of 12.02 is 84.4% above this industry median. Based on the distribution chart, First Mid Bancshares ranks #822 out of 1195 companies in the Banks industry, which is below the industry midpoint. Overall, First Mid Bancshares has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Mid Bancshares' EV-to-FCF compare to AGBK and PFBC?
According to the Banks industry distribution chart, First Mid Bancshares ranks #822 out of 1195 companies for EV-to-FCF. This places First Mid Bancshares in the lower half of its industry. The industry median EV-to-FCF is 6.52. First Mid Bancshares' value of 12.02 is 84.4% above this benchmark. Historically, First Mid Bancshares' own EV-to-FCF has ranged from 5.16 to 20.00 over the past decade. While the company's 10-year median is 11.12 vs. the industry median of 6.52, First Mid Bancshares has consistently been above 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 6.52, based on 1,195 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. First Mid Bancshares's current EV-to-FCF of 12.02 is 84.4% above 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 First Mid Bancshares and its competitors. For the Banks industry, the median EV-to-FCF is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Mid Bancshares's current EV-to-FCF is 12.02, which is near median its own 10-year median of 11.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Mid Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First Mid Bancshares (FMBH) is currently considered Modestly Overvalued. The stock's GF Value™ is $38.97, compared to a current price of $47.95 — trading 23% above its estimated fair value. The current EV-to-FCF is 12.02, which is near median its 10-year median of 11.12 and 84.4% above the Banks industry median of 6.52. First Mid Bancshares' overall GF Score™ is 62/100 with 7 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 First Mid Bancshares (FMBH), the current EV-to-FCF is 12.02 as of Jun. 27, 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 First Mid Bancshares (FMBH) Overvalued in 2026?
Based on GuruFocus' analysis, First Mid Bancshares stock appears to be overvalued.
The current stock price of $47.95 is trading 23% above its estimated GF Value™ of $38.97.
GuruFocus considers First Mid Bancshares to be Modestly Overvalued.
Key valuation signals for FMBH:
EV-to-FCF: 12.02 (near median its 10-year median of 11.12)
GF Value™: $38.97 vs. price of $47.95 (23% above fair value)
Industry Position: 84.4% above the Banks median (#822 of 1195)
No single metric tells the full story. See the FMBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is engaged in the business of banking. The company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, it also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.
62GF Score
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