Financials Farmers and Merchants Bancshares, Inc.

Equities

FMFG

US3088561036

Banks

Market Closed - OTC Markets 03:43:22 2024-04-24 pm EDT 5-day change 1st Jan Change
16 USD -2.85% Intraday chart for Farmers and Merchants Bancshares, Inc. -2.85% -8.57%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 51.01 54.46 39.79 66.67 67.18 54.12
Enterprise Value (EV) 1 50.3 57.76 46.14 68.56 101.3 69.87
P/E ratio 10.8 x 11.9 x 14.8 x 8.17 x 8.28 x 8.41 x
Yield 2.73% 2.77% 3.91% 2.59% 2.86% 3.77%
Capitalization / Revenue 3.16 x 3.31 x 2.12 x 2.7 x 2.66 x 2.3 x
EV / Revenue 3.11 x 3.51 x 2.46 x 2.77 x 4.01 x 2.96 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.13 x 1.11 x 0.77 x 1.18 x 1.41 x 1.05 x
Nbr of stocks (in thousands) 2,932 2,960 2,992 3,023 3,053 3,092
Reference price 2 17.40 18.40 13.30 22.05 22.00 17.50
Announcement Date 3/21/19 3/6/20 3/19/21 3/11/22 3/10/23 3/11/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 16.15 16.48 18.75 24.71 25.27 23.57
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 5.819 5.6 3.169 10.58 10.58 8.436
Net income 1 4.713 4.561 2.682 8.15 8.09 6.418
Net margin 29.18% 27.68% 14.3% 32.98% 32.02% 27.23%
EPS 2 1.611 1.545 0.8988 2.700 2.656 2.080
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.4743 0.5100 0.5200 0.5700 0.6300 0.6600
Announcement Date 3/21/19 3/6/20 3/19/21 3/11/22 3/10/23 3/11/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 3.3 6.35 1.89 34.1 15.8
Net Cash position 1 0.71 - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 10.8% 9.62% 5.3% 15% 15.5% 12.8%
ROA (Net income/ Total Assets) 1.15% 1.06% 0.48% 1.17% 1.13% 0.85%
Assets 1 410 429.7 559.8 697 717.5 759.1
Book Value Per Share 2 15.40 16.60 17.20 18.60 15.60 16.70
Cash Flow per Share 2 4.960 3.070 13.60 8.710 2.370 14.30
Capex 1 0.19 0.26 0.39 0.3 0.41 0.86
Capex / Sales 1.19% 1.56% 2.06% 1.22% 1.63% 3.66%
Announcement Date 3/21/19 3/6/20 3/19/21 3/11/22 3/10/23 3/11/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. FMFG Stock
  4. Financials Farmers and Merchants Bancshares, Inc.