Farmers & Merchants Bancorp, Inc. (FMAO)

FMAO Statistics

Total Valuation

FMAO has a market cap or net worth of $360.57 million.

Market Cap	360.57M
Enterprise Value	n/a

Important Dates

The next estimated earnings date is Thursday, October 24, 2024, after market close.

Earnings Date	Oct 24, 2024
Ex-Dividend Date	Jul 5, 2024

Share Statistics

FMAO has 13.53 million shares outstanding. The number of shares has increased by 1.17% in one year.

Shares Outstanding	13.53M
Shares Change (YoY)	+1.17%
Shares Change (QoQ)	+0.02%
Owned by Insiders (%)	8.26%
Owned by Institutions (%)	25.16%
Float	12.41M

Valuation Ratios

The trailing PE ratio is 17.19 and the forward PE ratio is 16.30.

PE Ratio	17.19
Forward PE	16.30
PS Ratio	3.80
Forward PS	3.62
PB Ratio	1.12
P/FCF Ratio	17.62
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	15.94
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.81%.

Return on Equity (ROE)	6.81%
Return on Assets (ROA)	0.66%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$209,235
Profits Per Employee	$46,305
Employee Count	456
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, FMAO has paid $5.35 million in taxes.

Income Tax	5.35M
Effective Tax Rate	20.03%

Stock Price Statistics

The stock price has increased by +44.35% in the last 52 weeks. The beta is 0.64, so FMAO's price volatility has been lower than the market average.

Beta (5Y)	0.64
52-Week Price Change	+44.35%
50-Day Moving Average	25.41
200-Day Moving Average	22.72
Relative Strength Index (RSI)	56.75
Average Volume (20 Days)	25,258

Short Selling Information

The latest short interest is 241,069, so 1.78% of the outstanding shares have been sold short.

Short Interest	241,069
Short Previous Month	209,958
Short % of Shares Out	1.78%
Short % of Float	1.94%
Short Ratio (days to cover)	4.54

Income Statement

In the last 12 months, FMAO had revenue of $95.41 million and earned $21.12 million in profits. Earnings per share was $1.56.

Revenue	95.41M
Gross Profit	95.41M
Operating Income	29.91M
Pretax Income	26.71M
Net Income	21.12M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.56

Balance Sheet

The company has $196.29 million in cash and $328.08 million in debt, giving a net cash position of -$131.79 million or -$9.74 per share.

Cash & Cash Equivalents	196.29M
Total Debt	328.08M
Net Cash	-131.79M
Net Cash Per Share	-$9.74
Equity (Book Value)	322.66M
Book Value Per Share	23.85
Working Capital	-2.46B

Cash Flow

In the last 12 months, operating cash flow was $26.58 million and capital expenditures -$6.00 million, giving a free cash flow of $20.59 million.

Operating Cash Flow	26.58M
Capital Expenditures	-6.00M
Free Cash Flow	20.59M
FCF Per Share	$1.52

Margins

Gross Margin	n/a
Operating Margin	31.35%
Pretax Margin	27.99%
Profit Margin	22.39%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	27.59%

Dividends & Yields

This stock pays an annual dividend of $0.88, which amounts to a dividend yield of 3.28%.

Dividend Per Share	$0.88
Dividend Yield	3.28%
Dividend Growth (YoY)	3.57%
Years of Dividend Growth	1
Payout Ratio	56.40%
Buyback Yield	-1.17%
Shareholder Yield	2.11%
Earnings Yield	5.82%
FCF Yield	5.67%

Analyst Forecast

The average price target for FMAO is $26.00, which is -2.45% lower than the current price. The consensus rating is "Hold".

Price Target	$26.00
Price Target Difference	-2.45%
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