Financials Farmers & Merchants Bancorp

Equities

FMCB

US3077951040

Banks

Market Closed - OTC Markets 03:56:34 2024-05-20 pm EDT 5-day change 1st Jan Change
1,000 USD -6.12% Intraday chart for Farmers & Merchants Bancorp -4.76% -5.44%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 548.6 609.1 600.1 757.8 806.8 791.4
Enterprise Value (EV) 1 413.4 329.7 231.5 56.81 232.3 393.9
P/E ratio 12.3 x 10.8 x 10.3 x 11.4 x 10.9 x 9.07 x
Yield 1.99% 1.85% 1.94% 1.59% 1.54% 1.62%
Capitalization / Revenue 4.06 x 3.87 x 3.74 x 4.21 x 4.17 x 3.63 x
EV / Revenue 3.06 x 2.09 x 1.44 x 0.32 x 1.2 x 1.81 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.76 x 1.65 x 1.42 x 1.64 x 1.66 x 1.44 x
Nbr of stocks (in thousands) 784 793 790 790 768 748
Reference price 2 700.0 768.1 760.0 959.7 1,050 1,058
Announcement Date 3/15/19 3/13/20 3/15/21 3/16/22 3/15/23 3/14/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 135.2 157.6 160.4 180.1 193.3 217.9
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 59.73 75.31 77.95 88.32 99.74 116.6
Net income 1 45.53 56.04 58.73 66.34 75.09 88.31
Net margin 33.68% 35.57% 36.63% 36.84% 38.85% 40.53%
EPS 2 56.82 71.18 74.03 84.01 96.55 116.6
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 13.90 14.20 14.75 15.30 16.15 17.10
Announcement Date 3/15/19 3/13/20 3/15/21 3/16/22 3/15/23 3/14/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 135 279 369 701 574 397
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 14.9% 16.5% 14.8% 15% 15.8% 17.1%
ROA (Net income/ Total Assets) 1.4% 1.57% 1.42% 1.36% 1.43% 1.66%
Assets 1 3,255 3,578 4,136 4,864 5,253 5,318
Book Value Per Share 2 397.0 466.0 537.0 587.0 632.0 735.0
Cash Flow per Share 2 186.0 372.0 486.0 906.0 766.0 549.0
Capex 1 4.58 15.5 7.71 2.07 4.19 4.97
Capex / Sales 3.39% 9.86% 4.81% 1.15% 2.17% 2.28%
Announcement Date 3/15/19 3/13/20 3/15/21 3/16/22 3/15/23 3/14/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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