First Historical Financial Ratios

FRMEP Stock  USD 25.55  0.05  0.20%   
First Merchants is recently reporting on over 88 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.46 or Days Sales Outstanding of 57.54 will help investors to properly organize and evaluate First Merchants financial condition quickly.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in First Stock, please use our How to Invest in First Merchants guide.

About First Financial Ratios Analysis

First MerchantsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate First Merchants investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on First financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across First Merchants history.

First Merchants Financial Ratios Chart

At this time, First Merchants' Free Cash Flow Per Share is relatively stable compared to the past year. As of 12/15/2024, ROIC is likely to grow to 0.14, while Free Cash Flow Yield is likely to drop 0.09.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Price Book Value RatioPrice Earnings To Growth Ratio
Days Of Payables OutstandingDividend Payout Ratio
Price To Operating Cash Flows RatioPrice To Free Cash Flows Ratio
Pretax Profit MarginEbt Per Ebit
Operating Profit MarginEffective Tax Rate
Company Equity MultiplierLong Term Debt To Capitalization
Total Debt To CapitalizationReturn On Capital Employed
Debt Equity RatioEbit Per Revenue
Quick RatioDividend Paid And Capex Coverage Ratio
Net Income Per E B TCash Ratio
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On EquityOperating Cycle
Cash Conversion Cycle

Price To Sales Ratio

Price to Sales Ratio is figured by comparing First Merchants stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First Merchants sales, a figure that is much harder to manipulate than other First Merchants multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is First Merchants dividend as a percentage of First Merchants stock price. First Merchants dividend yield is a measure of First Merchants stock productivity, which can be interpreted as interest rate earned on an First Merchants investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most ratios from First Merchants' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into First Merchants current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in First Stock, please use our How to Invest in First Merchants guide.At this time, First Merchants' Free Cash Flow Per Share is relatively stable compared to the past year. As of 12/15/2024, ROIC is likely to grow to 0.14, while Free Cash Flow Yield is likely to drop 0.09.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02720.03130.03730.0353
Price To Sales Ratio4.333.783.362.73

First Merchants fundamentals Correlations

-0.20.77-0.240.42-0.430.080.470.770.93-0.26-0.30.410.20.480.380.780.440.310.340.070.2-0.460.220.680.72
-0.2-0.030.740.330.230.1-0.67-0.03-0.210.350.590.47-0.53-0.670.22-0.22-0.660.78-0.610.47-0.52-0.350.65-0.22-0.57
0.77-0.030.060.28-0.360.010.351.00.73-0.120.130.35-0.210.380.060.670.270.460.240.23-0.21-0.470.410.620.68
-0.240.740.06-0.270.16-0.26-0.480.06-0.290.110.89-0.11-0.25-0.47-0.31-0.19-0.530.55-0.420.28-0.25-0.180.58-0.22-0.24
0.420.330.28-0.27-0.060.62-0.170.280.440.22-0.390.94-0.49-0.180.80.21-0.10.56-0.230.21-0.49-0.310.190.21-0.09
-0.430.23-0.360.16-0.060.56-0.55-0.36-0.40.870.11-0.06-0.1-0.570.03-0.81-0.28-0.03-0.660.51-0.10.73-0.09-0.78-0.36
0.080.10.01-0.260.620.56-0.410.010.110.72-0.340.56-0.33-0.420.5-0.41-0.040.15-0.530.31-0.330.46-0.03-0.38-0.13
0.47-0.670.35-0.48-0.17-0.55-0.410.350.59-0.67-0.38-0.260.311.0-0.290.660.38-0.320.92-0.380.31-0.16-0.370.720.67
0.77-0.031.00.060.28-0.360.010.350.73-0.120.130.35-0.210.380.060.670.270.460.240.23-0.21-0.470.410.620.68
0.93-0.210.73-0.290.44-0.40.110.590.73-0.27-0.380.40.10.60.230.760.340.280.450.030.1-0.390.110.760.71
-0.260.35-0.120.110.220.870.72-0.67-0.12-0.270.120.29-0.29-0.680.22-0.68-0.210.14-0.760.67-0.290.460.2-0.67-0.39
-0.30.590.130.89-0.390.11-0.34-0.380.13-0.380.12-0.15-0.21-0.37-0.41-0.2-0.370.36-0.340.27-0.22-0.210.66-0.24-0.29
0.410.470.35-0.110.94-0.060.56-0.260.350.40.29-0.15-0.49-0.270.740.2-0.070.59-0.310.33-0.49-0.460.50.19-0.21
0.2-0.53-0.21-0.25-0.49-0.1-0.330.31-0.210.1-0.29-0.21-0.490.3-0.040.130.57-0.570.3-0.241.00.12-0.210.020.26
0.48-0.670.38-0.47-0.18-0.57-0.421.00.380.6-0.68-0.37-0.270.3-0.30.690.4-0.310.94-0.370.3-0.17-0.370.750.69
0.380.220.06-0.310.80.030.5-0.290.060.230.22-0.410.74-0.04-0.30.120.180.35-0.320.24-0.04-0.210.13-0.01-0.14
0.78-0.220.67-0.190.21-0.81-0.410.660.670.76-0.68-0.20.20.130.690.120.40.230.72-0.120.13-0.710.130.960.65
0.44-0.660.27-0.53-0.1-0.28-0.040.380.270.34-0.21-0.37-0.070.570.40.180.4-0.480.390.020.57-0.03-0.10.30.46
0.310.780.460.550.56-0.030.15-0.320.460.280.140.360.59-0.57-0.310.350.23-0.48-0.330.44-0.57-0.490.530.20.0
0.34-0.610.24-0.42-0.23-0.66-0.530.920.240.45-0.76-0.34-0.310.30.94-0.320.720.39-0.33-0.370.3-0.24-0.370.790.57
0.070.470.230.280.210.510.31-0.380.230.030.670.270.33-0.24-0.370.24-0.120.020.44-0.37-0.23-0.010.41-0.15-0.12
0.2-0.52-0.21-0.25-0.49-0.1-0.330.31-0.210.1-0.29-0.22-0.491.00.3-0.040.130.57-0.570.3-0.230.11-0.210.020.25
-0.46-0.35-0.47-0.18-0.310.730.46-0.16-0.47-0.390.46-0.21-0.460.12-0.17-0.21-0.71-0.03-0.49-0.24-0.010.11-0.62-0.64-0.03
0.220.650.410.580.19-0.09-0.03-0.370.410.110.20.660.5-0.21-0.370.130.13-0.10.53-0.370.41-0.21-0.620.05-0.27
0.68-0.220.62-0.220.21-0.78-0.380.720.620.76-0.67-0.240.190.020.75-0.010.960.30.20.79-0.150.02-0.640.050.61
0.72-0.570.68-0.24-0.09-0.36-0.130.670.680.71-0.39-0.29-0.210.260.69-0.140.650.460.00.57-0.120.25-0.03-0.270.61
Click cells to compare fundamentals

First Merchants Account Relationship Matchups

First Merchants fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio4.824.114.333.783.362.73
Dividend Yield0.0240.0280.02720.03130.03730.0353
Days Sales Outstanding40.2640.0240.1449.4354.4857.54
Book Value Per Share34.7534.735.5635.2737.939.8
Free Cash Flow Yield0.11(0.0627)0.10.06350.120.0942
Operating Cash Flow Per Share3.473.793.864.654.364.58
Stock Based Compensation To Revenue0.0092820.0093490.0091580.0074060.0078830.009398
Ev To Sales5.263.953.974.934.523.45
Free Cash Flow Per Share(2.61)3.792.664.654.364.58
Roic0.07230.06230.08690.09830.07170.14
Net Income Per Share3.22.753.823.853.773.96
Cash Per Share40.5646.3355.5238.5729.3430.8
Pocfratio11.999.8710.868.858.58.16
Interest Coverage1.782.566.74.010.740.71
Payout Ratio0.260.310.380.30.370.43
Pfcf Ratio(15.95)9.8715.748.858.58.93
Income Quality1.081.381.011.211.161.36
Roe0.07370.110.09210.07920.09960.1
Ev To Operating Cash Flow13.079.59.9511.5611.4310.68
Pe Ratio13.013.6110.9610.689.8310.94
Return On Tangible Assets0.01080.01690.01380.0110.01290.0127
Ev To Free Cash Flow(17.4)9.514.4211.5611.4312.1
Earnings Yield0.07690.07350.09120.09360.10.0732
Intangibles To Total Assets0.04650.04070.03690.04170.04020.0214
Net Debt To E B I T D A0.96(0.43)(0.75)2.722.82.88
Current Ratio316.02778.31.1K44.3239.8937.89
Tangible Book Value Per Share23.4924.124.9522.3125.4426.71
Receivables Turnover9.079.129.097.386.76.36
Graham Number50.0146.3255.355.2756.7359.56
Shareholders Equity Per Share34.7534.735.5635.2737.939.8
Graham Net Net(169.82)(184.49)(202.28)(239.9)(241.89)(253.98)
Revenue Per Share8.629.19.6710.8911.0311.58

Pair Trading with First Merchants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Merchants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Merchants will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

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Moving against First Stock

  0.77CFG-PE Citizens FinancialPairCorr
  0.7TFC-PR Truist FinancialPairCorr
  0.67TFC-PO Truist FinancialPairCorr
  0.6WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to First Merchants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Merchants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Merchants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Merchants to buy it.
The correlation of First Merchants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Merchants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Merchants moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Merchants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for First Stock Analysis

When running First Merchants' price analysis, check to measure First Merchants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.