First Merchants (FRME) Fundamental Analysis: Revenue, Earnings & Valuation

3.37 / 10

Netural

Fundamental analysis rates FRME at 3.4/10, indicating concern. Revenue‑MV and Profit‑MV are positive, while Asset‑MV and Cash‑MV lag. PB‑ROE is negative, gross margin stands at 48.3%, and liability ratios are moderate. Overall, fundamentals suggest a guarded outlook.

Analysis Checks(7/10)

Revenue-MV

Value-0.48

Score2/3

Weight13.71%

1M Return6.11%

Gross profit margin (%)

Value48.34

Score3/3

Weight6.99%

1M Return3.48%

Current liabilities / Total liabilities (%)

Value47.94

Score3/3

Weight6.99%

1M Return3.48%

Profit-MV

Value1.50

Score3/3

Weight14.56%

1M Return6.52%

Net income-Revenue

Value0.82

Score2/3

Weight13.13%

1M Return6.11%

PB-ROE

Value-0.95

Score0/3

Weight8.16%

1M Return3.52%

Non-current liabilities / Total liabilities (%)

Value54.03

Score3/3

Weight6.99%

1M Return3.48%

Total profit / EBIT (%)

Value100.00

Score3/3

Weight6.99%

1M Return3.48%

Asset-MV

Value-0.55

Score1/3

Weight15.44%

1M Return6.13%

Cash-MV

Value0.22

Score1/3

Weight7.05%

1M Return3.40%

Is FRME undervalued or overvalued?

FRME scores 3.37/10 on fundamentals and holds a Fair valuation at present. Backed by its 9.39% ROE, 34.09% net margin, 10.74 P/E ratio, 0.98 P/B ratio, and 14.04% earnings growth, these metrics solidify its Netural investment rating.