Farmers & Merchants Bancorp, Inc. (FMAO)
NASDAQ: FMAO · Real-Time Price · USD
35.28
+0.84 (2.44%)
Jul 29, 2026, 1:41 PM EDT - Market open

FMAO Statistics

Total Valuation

FMAO has a market cap or net worth of $480.33 million. The enterprise value is $526.52 million.

Market Cap480.33M
Enterprise Value 526.52M

Important Dates

The last earnings date was Monday, July 27, 2026, after market close.

Earnings Date Jul 27, 2026
Ex-Dividend Date Jul 10, 2026

Share Statistics

FMAO has 13.61 million shares outstanding. The number of shares has increased by 1.13% in one year.

Current Share Class 13.61M
Shares Outstanding 13.61M
Shares Change (YoY) +1.13%
Shares Change (QoQ) +1.36%
Owned by Insiders (%) 3.65%
Owned by Institutions (%) 32.85%
Float 13.12M

Valuation Ratios

The trailing PE ratio is 12.18 and the forward PE ratio is 11.20.

PE Ratio 12.18
Forward PE 11.20
PS Ratio 3.61
Forward PS 3.80
PB Ratio 1.22
P/TBV Ratio 1.56
P/FCF Ratio 14.85
P/OCF Ratio 13.94
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 13.29
EV / Sales 4.08
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 16.80

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF 6.96
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 10.88%.

Return on Equity (ROE) 10.88%
Return on Assets (ROA) 1.17%
Return on Invested Capital (ROIC) n/a
Return on Capital Employed (ROCE) n/a
Weighted Average Cost of Capital (WACC) 5.92%
Revenue Per Employee $272,719
Profits Per Employee $83,753
Employee Count473
Asset Turnover n/a
Inventory Turnover n/a

Taxes

In the past 12 months, FMAO has paid $11.15 million in taxes.

Income Tax 11.15M
Effective Tax Rate 21.78%

Stock Price Statistics

The stock price has increased by +33.64% in the last 52 weeks. The beta is 0.81, so FMAO's price volatility has been lower than the market average.

Beta (5Y) 0.81
52-Week Price Change +33.64%
50-Day Moving Average 29.27
200-Day Moving Average 26.66
Relative Strength Index (RSI) 75.30
Average Volume (20 Days) 78,498

Short Selling Information

The latest short interest is 204,521, so 1.50% of the outstanding shares have been sold short.

Short Interest 204,521
Short Previous Month 205,248
Short % of Shares Out 1.50%
Short % of Float 1.56%
Short Ratio (days to cover) 1.77

Income Statement

In the last 12 months, FMAO had revenue of $129.00 million and earned $39.62 million in profits. Earnings per share was $2.92.

Revenue129.00M
Gross Profit 129.00M
Operating Income 56.30M
Pretax Income 51.17M
Net Income 39.62M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $2.92
Full Income Statement

Balance Sheet

The company has $156.91 million in cash and $218.21 million in debt, with a net cash position of -$61.30 million or -$4.50 per share.

Cash & Cash Equivalents 156.91M
Total Debt 218.21M
Net Cash -61.30M
Net Cash Per Share -$4.50
Equity (Book Value) 384.72M
Book Value Per Share 28.26
Working Capital -2.74B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $33.38 million and capital expenditures -$2.04 million, giving a free cash flow of $31.34 million.

Operating Cash Flow 33.38M
Capital Expenditures -2.04M
Depreciation & Amortization n/a
Net Borrowing -39.00M
Free Cash Flow 31.34M
FCF Per Share $2.30
Full Cash Flow Statement

Margins

Gross Margin n/a
Operating Margin 43.65%
Pretax Margin 39.67%
Profit Margin 31.03%
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin 25.28%

Dividends & Yields

This stock pays an annual dividend of $0.92, which amounts to a dividend yield of 2.59%.

Dividend Per Share $0.92
Dividend Yield 2.59%
Dividend Growth (YoY) 3.67%
Years of Dividend Growth 16
Payout Ratio 31.47%
Buyback Yield -1.13%
Shareholder Yield 1.54%
Earnings Yield 8.52%
FCF Yield 6.74%
Dividend Details

Analyst Forecast

The average price target for FMAO is $33.67, which is -4.56% lower than the current price. The consensus rating is "Hold".

Price Target $33.67
Price Target Difference -4.56%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (3Y) n/a
EPS Growth Forecast (3Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 3