Farmers & Merchants Bancorp, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Farmers & Merchants Bancorp, Inc. (FMAO), the latest P/E of 11.9 frames valuation, while ROE 10.72% and ROIC 1.14% indicates profitability and capital efficiency. Together with the current ratio of 11.41 and debt-to-equity 0.57, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

FMAO Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$14.18$12.91$11.15$8.68$7.97$7.71$7.10$6.02$5.54$5.23
Net Income per Share$2.91$1.90$1.67$2.48$2.03$1.82$1.67$1.61$1.39$1.28
Operating Cash Flow per Share$3.18$2.37$1.62$3.11$3.00$2.48$2.17$1.16$1.93$1.36
Free Cash Flow per Share$3.13$2.24$0.82$2.91$2.83$2.18$1.85$0.87$1.72$1.10
Cash per Share$11.34$44.14$36.81$36.54$49.81$37.13$25.09$22.61$25.53$27.10
Book Value per Share$27.98$24.50$23.21$22.77$25.68$22.53$20.88$15.43$14.64$13.73
Tangible Book Value per Share$21.33$17.78$16.46$15.91$18.46$17.95$16.35$14.74$13.94$13.05
Interest Debt per Share$20.74$28.20$28.38$18.38$11.68$5.29$7.95$4.17$5.42$9.25
CAPEX per Share$0.05$0.14$0.80$0.20$0.17$0.29$0.32$0.28$0.21$0.26

FMAO Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)11.8815.5314.8510.9416.1712.6618.0723.9129.3913.72
Price to Book (P/B)1.241.21.071.191.281.021.442.492.791.27
Price to Sales (P/S)2.442.282.223.134.122.984.256.397.363.35
Enterprise Value to EBITDA9.4813.715.3311.1210.476.7613.3517.0518.9911.39
EV to Sales2.763.023.444.353.922.344.486.237.54.42
EV to Operating Cash Flow12.3116.4323.6312.1610.47.2914.6732.4221.5816.98
EV to Free Cash Flow12.517.4446.6512.9911.028.2617.1942.9224.1621.06
Enterprise Value$538.16M$533.63M$523.31M$494.56M$361.25M$199.57M$350.99M$348.05M$380.81M$211.09M

FMAO Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)10.72%7.74%7.20%10.91%7.91%8.07%7.99%10.43%9.48%9.29%
Return on Invested Capital (ROIC)1.14%3.83%3.38%6.25%5.53%6.76%6.03%8.51%7.12%5.72%
Return on Tangible Assets1.17%0.79%0.71%1.11%0.92%1.08%1.18%1.35%1.16%1.11%
Earnings Yield8.42%6.44%6.74%9.14%6.19%7.90%5.53%4.18%3.40%7.29%
Free Cash Flow Yield9.05%7.60%3.32%10.70%8.63%9.50%6.14%2.27%4.22%6.26%
Dividend Yield2.65%2.96%3.35%2.89%2.02%2.82%1.91%1.39%1.19%2.57%

FMAO Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio11.410.220.190.190.260.250.20.220.240.27
Interest Coverage0.760.420.492.824.022.431.532.783.493.86
Income Quality1.091.250.971.251.481.361.30.721.391.07
Debt to Equity0.570.921.040.760.430.190.320.220.330.64
Debt to Assets6.23%9.16%10.01%7.50%4.84%2.52%4.53%2.88%4.02%7.61%
Net Debt to EBITDA1.13.365.423.12-0.54-1.860.7-0.460.352.76

FMAO Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover15.47000000000
Payables Turnover0000000000
Inventory Turnover0000000000
Days Sales Outstanding23.59000000000
Days Payables Outstanding0000000000
Days of Inventory on Hand0000000000

FMAO Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA9.4813.715.3311.1210.476.7613.3517.0518.9911.39
Market Cap$475.83M$402.88M$338.30M$355.81M$379.84M$254.40M$332.55M$357.38M$373.82M$160.02M
Enterprise Value$538.16M$533.63M$523.31M$494.56M$361.25M$199.57M$350.99M$348.05M$380.81M$211.09M
Dividend Yield2.65%2.96%3.35%2.89%2.02%2.82%1.91%1.39%1.19%2.57%
Payout Ratio30.84%45.96%49.74%31.60%32.65%35.76%34.48%33.15%34.93%35.28%

Frequently Asked Questions

How does Farmers & Merchants Bancorp, Inc.’s P/E ratio compare with its history?

On this page, FMAO's current P/E is 11.9, compared with a multi-year average around 16.7. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Farmers & Merchants Bancorp, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $475.83M. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Farmers & Merchants Bancorp, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Farmers & Merchants Bancorp, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Farmers & Merchants Bancorp, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Farmers & Merchants Bancorp, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Farmers & Merchants Bancorp, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Farmers & Merchants Bancorp, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Farmers & Merchants Bancorp, Inc. is financially strong. Current ratio is about 11.41, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 0.76, implying less buffer for servicing interest costs. Debt-to-equity is about 0.57, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Farmers & Merchants Bancorp, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Farmers & Merchants Bancorp, Inc. is sustaining strong returns (for example ROE at 10.72% and ROIC at 1.14%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.