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Farmers & Merchants Bancorp's quarterly market cap
increased
from Dec. 2025 ($339.9 Mil) to Mar. 2026 ($353.5 Mil) and
increased
from Mar. 2026 ($353.5 Mil) to Jun. 2026 ($421.4 Mil).
Farmers & Merchants Bancorp's annual market cap
increased
from Dec. 2023 ($338.9 Mil) to Dec. 2024 ($403.5 Mil) but then
declined
from Dec. 2024 ($403.5 Mil) to Dec. 2025 ($339.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Farmers & Merchants Bancorp's Enterprise Value for Today is $503.5 Mil.
Farmers & Merchants Bancorp (NAS:FMAO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Farmers & Merchants Bancorp Market Cap Related Terms
Farmers & Merchants Bancorp Market Cap 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 & Merchants Bancorp's Market Cap, along with its competitors' market caps and Market Cap 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 & Merchants Bancorp Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, Farmers & Merchants Bancorp's Market Cap distribution charts can be found below:
* The bar in red indicates where Farmers & Merchants Bancorp's Market Cap falls into.
Farmers & Merchants Bancorp Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 & Merchants Bancorp (FMAO) has a Market Cap of $456.4 Mil as of Aug. 20, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Farmers & Merchants Bancorp and its competitors. According to the industry distribution chart, Farmers & Merchants Bancorp ranks #874 out of 1541 companies in the Banks industry, placing it in the top 56.7%.
Is Farmers & Merchants Bancorp's Market Cap too high?
Farmers & Merchants Bancorp's current Market Cap is $456.4 Mil. The Banks industry median Market Cap is 746.98. Farmers & Merchants Bancorp's value of $456.4 Mil is 38.9% below this industry median. Based on the distribution chart, Farmers & Merchants Bancorp ranks #874 out of 1541 companies in the Banks industry, which is below the industry midpoint. Overall, Farmers & Merchants Bancorp has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farmers & Merchants Bancorp's Market Cap compare to PLBC and NEWT?
According to the Banks industry distribution chart, Farmers & Merchants Bancorp ranks #874 out of 1541 companies for Market Cap. This places Farmers & Merchants Bancorp in the lower half of its industry. The industry median Market Cap is 746.98. Farmers & Merchants Bancorp's value of $456.4 Mil is 38.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 746.98, based on 1,541 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmers & Merchants Bancorp's current Market Cap of $456.4 Mil is 38.9% below 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Farmers & Merchants Bancorp and its competitors. For the Banks industry, the median Market Cap is 746.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmers & Merchants Bancorp's current Market Cap is $456.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers & Merchants Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Farmers & Merchants Bancorp (FMAO) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.13, compared to a current price of $33.14 — trading 13.8% above its estimated fair value. The current Market Cap is $456.4 Mil and 38.9% below the Banks industry median of 746.98. Farmers & Merchants Bancorp's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Farmers & Merchants Bancorp (FMAO), the current Market Cap is $456.4 Mil 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 & Merchants Bancorp (FMAO) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers & Merchants Bancorp stock appears to be overvalued.
The current stock price of $33.14 is trading 13.8% above its estimated GF Value™ of $29.13.
GuruFocus considers Farmers & Merchants Bancorp to be Modestly Overvalued.
Key valuation signals for FMAO:
Market Cap: $456.4 Mil
GF Value™: $29.13 vs. price of $33.14 (13.8% above fair value)
Industry Position: 38.9% below the Banks median (#874 of 1541)
No single metric tells the full story. See the FMAO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers & Merchants Bancorp Inc is a holding company based in Ohio. The company is engaged in one segment which is commercial banking. The activities of the company include commercial, agricultural and residential mortgages as well as consumer and credit card lending activities.
63GF Score
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