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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 $3,214.2 Mil. Independent Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 was $209.5 Mil. Therefore, Independent Bank's EV-to-FCF for today is 15.34.
The historical rank and industry rank for Independent Bank's EV-to-FCF or its related term are showing as below:
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 14.53.
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.
As of today (2025-03-20), Independent Bank's stock price is $64.14. Independent Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was $4.520. Therefore, Independent Bank's PE Ratio (TTM) for today is 14.19.
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.
Independent Bank Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
EV-to-FCF | Get a 7-Day Free Trial |
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24.83 | 10.74 | 9.05 | 14.61 | 15.30 |
Independent Bank Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
EV-to-FCF | Get a 7-Day Free Trial |
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14.61 | 11.56 | 10.82 | 12.49 | 15.30 |
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.
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 EV-to-FCF for today is calculated as:
EV-to-FCF | = | Enterprise Value (Today) | / | Free Cash Flow (TTM) |
= | 3214.187 | / | 209.486 | |
= | 15.34 |
Independent Bank's current Enterprise Value is $3,214.2 Mil.
Independent Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $209.5 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 (NAS:INDB) 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.
Independent Bank's PE Ratio (TTM) for today is calculated as:
PE Ratio (TTM) | = | Share Price (Today) | / | Earnings per Share (Diluted) (TTM) |
= | 64.14 | / | 4.520 | |
= | 14.19 |
Independent Bank's share price for today is $64.14.
Independent Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.520.
* 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.
Thank you for viewing the detailed overview of Independent Bank's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Donna L Abelli | director | INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
Eileen C Miskell | director | C/O INDEPENDENT BANK CORP, 288 UNION STREET, ROCKLAND MA 02370 |
John J Morrissey | director | C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
Jeffrey J Tengel | director, officer: Chief Executive Officer | 1900 EAST NINTH STREET, CLEVELAND OH 44114 |
Lee C Powlus | officer: Chief Tech & Operations Off. | 850 MAIN STREET, BRIDGEPORT CT 06604 |
Patricia M Natale | officer: General Counsel | |
Barry H Jensen | officer: Chief Information Officer | INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
Mark J Ruggiero | officer: Principal Accounting Officer | C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
Scott Smith | director | 320 NORWOOD PARK SOUTH, NORWOOD MA 02062 |
Maureen A. Gaffney | officer: Principal Accounting Officer | C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
Christopher Oddleifson | director, officer: President and CEO | |
Edward H Seksay | officer: General Counsel | C/O INDEPENDENT BANK CORP, 288 UNION STREET, ROCKLAND MA 02370 |
Dawn Mugford | officer: Chief Risk Officer | C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
Robert D Cozzone | officer: CFO and Treasurer | C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
Gerard F Nadeau | officer: Executive Vice President | C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
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