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What is Farmers and Merchants Bancshares EV-to-FCF?
Farmers and Merchants BancsharesFMBN 54 EV-to-FCF is 82.52 as of Aug. 20, 2026, which is 37% above its 10-year median of 60.28. GuruFocus rates FMBN with a GF Score™ of 54/100 and a GF Value™ of $24.00 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,181 Banks companies, Farmers and Merchants Bancshares ranks worse than 96.19% on this metric.
The historical rank and industry rank for Farmers and Merchants Bancshares's EV-to-FCF or its related term are showing as below:
FMBN'
s EV-to-FCF Range Over the Past 10 Years
Min: 9.95 Med: 60.28 Max: 395.88
Current: 82.52
During the past 11 years, the highest EV-to-FCF of Farmers and Merchants Bancshares was 395.88. The lowest was 9.95. And the median was 60.28.
FMBN's EV-to-FCF is ranked worse than 96.19% of 1181
companies
in the Banks industry
Industry Median: 7.13
vs FMBN: 82.52
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.
Farmers and Merchants Bancshares (OTCPK:FMBN) 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.
Farmers and Merchants Bancshares's PE Ratio (TTM) for today is calculated as:
Farmers and Merchants Bancshares's share price for today is $39.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Farmers and Merchants Bancshares's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.340.
* 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.
Farmers and Merchants Bancshares EV-to-FCF Related Terms
Farmers and Merchants Bancshares EV-to-FCF Historical Data
* 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, Farmers and Merchants 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.
Farmers and Merchants Bancshares EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Farmers and Merchants Bancshares's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Farmers and Merchants Bancshares's EV-to-FCF falls into.
Farmers and Merchants Bancshares's current Enterprise Value is $141.03 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Farmers and Merchants Bancshares's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $1.71 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.
Farmers and Merchants Bancshares (FMBN) has a EV-to-FCF of 82.52 as of Aug. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Farmers and Merchants Bancshares and its competitors. This is 37% above median its historical median of 60.28. Over the past decade, Farmers and Merchants Bancshares' EV-to-FCF has ranged from 9.95 to 395.88. According to the industry distribution chart, Farmers and Merchants Bancshares ranks #1136 out of 1181 companies in the Banks industry, placing it in the top 96.2%.
Is Farmers and Merchants Bancshares' EV-to-FCF too high?
Farmers and Merchants Bancshares' current EV-to-FCF of 82.52 is 37% above median its 10-year median of 60.28. Over the past 10 years, this metric has ranged from a low of 9.95 to a high of 395.88. The Banks industry median EV-to-FCF is 7.13. Farmers and Merchants Bancshares' value of 82.52 is 1057.4% above this industry median. Based on the distribution chart, Farmers and Merchants Bancshares ranks #1136 out of 1181 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Farmers and Merchants Bancshares has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farmers and Merchants Bancshares' EV-to-FCF compare to BOTJ and CMHF?
According to the Banks industry distribution chart, Farmers and Merchants Bancshares ranks #1136 out of 1181 companies for EV-to-FCF. This places Farmers and Merchants Bancshares in the lower half of its industry. The industry median EV-to-FCF is 7.13. Farmers and Merchants Bancshares' value of 82.52 is 1057.4% above this benchmark. Historically, Farmers and Merchants Bancshares' own EV-to-FCF has ranged from 9.95 to 395.88 over the past decade. While the company's 10-year median is 60.28 vs. the industry median of 7.13, Farmers and Merchants 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 7.13, based on 1,181 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. Farmers and Merchants Bancshares's current EV-to-FCF of 82.52 is 1057.4% 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 Farmers and Merchants Bancshares and its competitors. For the Banks industry, the median EV-to-FCF is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmers and Merchants Bancshares's current EV-to-FCF is 82.52, which is 37% above median its own 10-year median of 60.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers and Merchants Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares (FMBN) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.00, compared to a current price of $39.00 — trading 62.5% above its estimated fair value. The current EV-to-FCF is 82.52, which is 37% above median its 10-year median of 60.28 and 1057.4% above the Banks industry median of 7.13. Farmers and Merchants Bancshares' overall GF Score™ is 54/100 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 Farmers and Merchants Bancshares (FMBN), the current EV-to-FCF is 82.52 as of Aug. 20, 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 Farmers and Merchants Bancshares (FMBN) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares stock appears to be overvalued.
The current stock price of $39.00 is trading 62.5% above its estimated GF Value™ of $24.00.
GuruFocus considers Farmers and Merchants Bancshares to be Significantly Overvalued.
Key valuation signals for FMBN:
EV-to-FCF: 82.52 (37% above median its 10-year median of 60.28)
GF Value™: $24.00 vs. price of $39.00 (62.5% above fair value)
Industry Position: 1057.4% above the Banks median (#1136 of 1181)
No single metric tells the full story. See the FMBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers and Merchants Bancshares Inc is a bank holding company. The company provides financial services through its offices in the greater Burlington, Iowa area. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are residential mortgage, agricultural, commercial and installment loans.
54GF Score
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