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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Independent Bank's Enterprise Value is €3,180.0 Mil.
Independent Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €292.2 Mil. Therefore, Independent Bank's EV-to-FCF for today is 10.88.
The historical rank and industry rank for Independent Bank's EV-to-FCF or its related term are showing as below:
FRA:60O'
s EV-to-FCF Range Over the Past 10 Years
Min: 1.11 Med: 14.27 Max: 63.38
Current: 10.8
During the past 13 years, the highest EV-to-FCF of Independent Bank was 63.38. The lowest was 1.11. And the median was 14.27.
FRA:60O's EV-to-FCF is ranked worse than 62.38% of 1191
companies
in the Banks industry
Industry Median: 7.41
vs FRA:60O: 10.80
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.
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.
Independent Bank's PE Ratio (TTM) for today is calculated as:
Independent Bank's share price for today is €72.00.
Independent 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 €4.772.
* 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.
Independent Bank EV-to-FCF Related Terms
Independent Bank EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Independent 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, Independent 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.
Independent Bank EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Independent Bank's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Independent Bank's EV-to-FCF falls into.
Independent Bank's current Enterprise Value is €3,180.0 Mil.
Independent 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 €292.2 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.
Independent Bank (FRA:60O) has a EV-to-FCF of 10.88 as of Aug. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Independent Bank and its competitors. This is 24% below median its historical median of 14.27. Over the past decade, Independent Bank's EV-to-FCF has ranged from 1.11 to 63.38. According to the industry distribution chart, Independent Bank ranks #743 out of 1191 companies in the Banks industry, placing it in the top 62.4%.
Is Independent Bank's EV-to-FCF too high?
Independent Bank's current EV-to-FCF of 10.88 is 24% below median its 10-year median of 14.27. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 63.38. The Banks industry median EV-to-FCF is 7.41. Independent Bank's value of 10.88 is 46.8% above this industry median. Based on the distribution chart, Independent Bank ranks #743 out of 1191 companies in the Banks industry, which is below the industry midpoint. Overall, Independent Bank has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Independent Bank's EV-to-FCF compare to RNST and WSFS?
According to the Banks industry distribution chart, Independent Bank ranks #743 out of 1191 companies for EV-to-FCF. This places Independent Bank in the lower half of its industry. The industry median EV-to-FCF is 7.41. Independent Bank's value of 10.88 is 46.8% above this benchmark. Historically, Independent Bank's own EV-to-FCF has ranged from 1.11 to 63.38 over the past decade. While the company's 10-year median is 14.27 vs. the industry median of 7.41, Independent Bank 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 7.41, based on 1,191 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. Independent Bank's current EV-to-FCF of 10.88 is 46.8% 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 Independent Bank and its competitors. For the Banks industry, the median EV-to-FCF is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Bank's current EV-to-FCF is 10.88, which is 24% below median its own 10-year median of 14.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Bank stock overvalued right now?
Independent Bank (FRA:60O) has a current EV-to-FCF of 10.88. The stock's GF Value™ is €66.72, compared to a current price of €72.00 — trading 7.9% above its estimated fair value. The current EV-to-FCF is 10.88, which is 24% below median its 10-year median of 14.27 and 46.8% above the Banks industry median of 7.41. Independent Bank's overall GF Score™ is 64/100 with 6 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 Independent Bank (FRA:60O), the current EV-to-FCF is 10.88 as of Aug. 10, 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 Independent Bank (FRA:60O) Overvalued in 2026?
Based on GuruFocus' analysis, Independent Bank stock appears to be overvalued.
The current stock price of €72.00 is trading 7.9% above its estimated GF Value™ of €66.72.
Key valuation signals for FRA:60O:
EV-to-FCF: 10.88 (24% below median its 10-year median of 14.27)
GF Value™: €66.72 vs. price of €72.00 (7.9% above fair value)
Industry Position: 46.8% above the Banks median (#743 of 1191)
No single metric tells the full story. See the FRA:60O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
64GF Score
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