Farmers & Merchants Bancorp, Inc. (FMAO)

FMAO Statistics

Total Valuation

FMAO has a market cap or net worth of $386.39 million. The enterprise value is $463.32 million.

Market Cap	386.39M
Enterprise Value	463.32M

Important Dates

The next estimated earnings date is Tuesday, February 11, 2025, after market close.

Earnings Date	Feb 11, 2025
Ex-Dividend Date	Dec 27, 2024

Share Statistics

FMAO has 13.55 million shares outstanding. The number of shares has increased by 0.24% in one year.

Current Share Class	13.55M
Shares Outstanding	13.55M
Shares Change (YoY)	+0.24%
Shares Change (QoQ)	+0.08%
Owned by Insiders (%)	8.83%
Owned by Institutions (%)	26.81%
Float	12.35M

Valuation Ratios

The trailing PE ratio is 16.89 and the forward PE ratio is 15.25.

PE Ratio	16.89
Forward PE	15.25
PS Ratio	3.93
Forward PS	4.01
PB Ratio	1.15
P/TBV Ratio	1.55
P/FCF Ratio	10.34
P/OCF Ratio	9.55
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	20.29
EV / Sales	4.73
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	12.40

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	8.70
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 7.23%.

Return on Equity (ROE)	7.23%
Return on Assets (ROA)	0.70%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$214,919
Profits Per Employee	$50,070
Employee Count	456
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, FMAO has paid $5.82 million in taxes.

Income Tax	5.82M
Effective Tax Rate	20.13%

Stock Price Statistics

The stock price has increased by +15.00% in the last 52 weeks. The beta is 0.68, so FMAO's price volatility has been lower than the market average.

Beta (5Y)	0.68
52-Week Price Change	+15.00%
50-Day Moving Average	30.68
200-Day Moving Average	25.51
Relative Strength Index (RSI)	33.52
Average Volume (20 Days)	20,877

Short Selling Information

The latest short interest is 113,768, so 0.84% of the outstanding shares have been sold short.

Short Interest	113,768
Short Previous Month	116,331
Short % of Shares Out	0.84%
Short % of Float	0.92%
Short Ratio (days to cover)	5.42

Income Statement

In the last 12 months, FMAO had revenue of $98.00 million and earned $22.83 million in profits. Earnings per share was $1.69.

Revenue	98.00M
Gross Profit	98.00M
Operating Income	32.12M
Pretax Income	26.71M
Net Income	22.83M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.69

Balance Sheet

The company has $248.23 million in cash and $325.16 million in debt, giving a net cash position of -$76.93 million or -$5.68 per share.

Cash & Cash Equivalents	248.23M
Total Debt	325.16M
Net Cash	-76.93M
Net Cash Per Share	-$5.68
Equity (Book Value)	335.38M
Book Value Per Share	24.75
Working Capital	-2.47B

Cash Flow

In the last 12 months, operating cash flow was $40.45 million and capital expenditures -$3.08 million, giving a free cash flow of $37.37 million.

Operating Cash Flow	40.45M
Capital Expenditures	-3.08M
Free Cash Flow	37.37M
FCF Per Share	$2.76

Margins

Gross Margin	n/a
Operating Margin	32.77%
Pretax Margin	29.51%
Profit Margin	23.57%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	38.13%

Dividends & Yields

This stock pays an annual dividend of $0.88, which amounts to a dividend yield of 3.09%.

Dividend Per Share	$0.88
Dividend Yield	3.09%
Dividend Growth (YoY)	3.76%
Years of Dividend Growth	6
Payout Ratio	52.22%
Buyback Yield	-0.23%
Shareholder Yield	2.85%
Earnings Yield	5.91%
FCF Yield	9.67%

Analyst Forecast

The average price target for FMAO is $26.00, which is -8.84% lower than the current price. The consensus rating is "Hold".

Price Target	$26.00
Price Target Difference	-8.84%
Analyst Consensus	Hold
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on September 21, 2017. It was a forward split with a ratio of 2:1.

Last Split Date	Sep 21, 2017
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4