Nicolet BanksharesNIC -0.36%67 EV-to-FCF is 25.12 as of Jul. 06, 2026, which is 132% above its 10-year median of 10.84. GuruFocus rates NIC with a GF Score™ of 67/100 and a GF Value™ of $136.42 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,196 Banks companies, Nicolet Bankshares ranks worse than 86.04% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nicolet Bankshares's Enterprise Value is $3,094.9 Mil.
Nicolet Bankshares's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $123.2 Mil. Therefore, Nicolet Bankshares's EV-to-FCF for today is 25.12.
The historical rank and industry rank for Nicolet Bankshares's EV-to-FCF or its related term are showing as below:
NIC'
s EV-to-FCF Range Over the Past 10 Years
Min: -7.88 Med: 10.84 Max: 88.34
Current: 25.12
During the past 13 years, the highest EV-to-FCF of Nicolet Bankshares was 88.34. The lowest was -7.88. And the median was 10.84.
NIC's EV-to-FCF is ranked worse than 86.04% of 1196
companies
in the Banks industry
Industry Median: 6.565
vs NIC: 25.12
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.
Nicolet Bankshares's PE Ratio (TTM) for today is calculated as:
Nicolet Bankshares's share price for today is $166.12.
Nicolet Bankshares'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 $8.530.
* 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.
Nicolet Bankshares EV-to-FCF Related Terms
Nicolet Bankshares EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Nicolet Bankshares'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, Nicolet Bankshares'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.
Nicolet Bankshares EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Nicolet Bankshares's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Nicolet Bankshares's EV-to-FCF falls into.
Nicolet Bankshares's current Enterprise Value is $3,094.9 Mil.
Nicolet Bankshares'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 $123.2 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.
Nicolet Bankshares (NIC) has a EV-to-FCF of 25.12 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nicolet Bankshares and its competitors. This is 132% above median its historical median of 10.84. According to the industry distribution chart, Nicolet Bankshares ranks #1029 out of 1196 companies in the Banks industry, placing it in the top 86%.
Is Nicolet Bankshares' EV-to-FCF too high?
Nicolet Bankshares' current EV-to-FCF of 25.12 is 132% above median its 10-year median of 10.84. The Banks industry median EV-to-FCF is 6.57. Nicolet Bankshares' value of 25.12 is 282.6% above this industry median. Based on the distribution chart, Nicolet Bankshares ranks #1029 out of 1196 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Nicolet Bankshares has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nicolet Bankshares' EV-to-FCF compare to MCHB and FFBC?
According to the Banks industry distribution chart, Nicolet Bankshares ranks #1029 out of 1196 companies for EV-to-FCF. This places Nicolet Bankshares in the lower half of its industry. The industry median EV-to-FCF is 6.57. Nicolet Bankshares' value of 25.12 is 282.6% above this benchmark. While the company's 10-year median is 10.84 vs. the industry median of 6.57, Nicolet Bankshares 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 6.57, based on 1,196 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. Nicolet Bankshares's current EV-to-FCF of 25.12 is 282.6% 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 Nicolet Bankshares and its competitors. For the Banks industry, the median EV-to-FCF is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nicolet Bankshares's current EV-to-FCF is 25.12, which is 132% above median its own 10-year median of 10.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicolet Bankshares stock overvalued right now?
Based on GuruFocus' analysis, Nicolet Bankshares (NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is $136.42, compared to a current price of $166.12 — trading 21.8% above its estimated fair value. The current EV-to-FCF is 25.12, which is 132% above median its 10-year median of 10.84 and 282.6% above the Banks industry median of 6.57. Nicolet Bankshares' overall GF Score™ is 67/100 with 5 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 Nicolet Bankshares (NIC), the current EV-to-FCF is 25.12 as of Jul. 06, 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 Nicolet Bankshares (NIC) Overvalued in 2026?
Based on GuruFocus' analysis, Nicolet Bankshares stock appears to be overvalued.
The current stock price of $166.12 is trading 21.8% above its estimated GF Value™ of $136.42.
GuruFocus considers Nicolet Bankshares to be Modestly Overvalued.
Key valuation signals for NIC:
EV-to-FCF: 25.12 (132% above median its 10-year median of 10.84)
GF Value™: $136.42 vs. price of $166.12 (21.8% above fair value)
Industry Position: 282.6% above the Banks median (#1029 of 1196)
No single metric tells the full story. See the NIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nicolet Bankshares Inc is a United States-based bank holding company's principal business is banking, consisting of lending and deposit gathering, as well as ancillary banking-related products and services, to businesses and individuals of the communities it serves, and the operational support to deliver, fund and manage. It offers a variety of loans, deposits, and related services to business customers especially small and medium-sized businesses and professional concerns, business deposit products, cash management services, international banking services, business loans, lines of credit, commercial real estate financing, construction loans, agricultural real estate or production loans, and letters of credit, as well as retirement plan services.
67GF Score
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