What is the intrinsic value of FRME?
As of 2025-12-23, the Intrinsic Value of First Merchants Corp (FRME) is
22.15 USD. This FRME valuation is based on the model Peter Lynch Fair Value.
With the current market price of 38.67 USD, the upside of First Merchants Corp is
-42.71%.
Is FRME undervalued or overvalued?
Based on its market price of 38.67 USD and our intrinsic valuation, First Merchants Corp (FRME) is overvalued by 42.71%.
22.15 USD
Intrinsic Value
FRME Intrinsic Value - Valuation Summary
|
Range |
Selected |
Upside |
| a |
| Fair Value |
22.15 - 22.15 |
22.15 |
-42.71% |
| P/E |
49.86 - 68.50 |
59.77 |
54.6% |
| DDM - Stable |
29.99 - 58.07 |
44.03 |
13.9% |
| DDM - Multi |
48.26 - 72.36 |
57.87 |
49.7% |
FRME Intrinsic Value - Key Valuation Metrics
| Market Cap (mil) |
2,236.29 |
| Beta |
0.78 |
| Outstanding shares (mil) |
57.83 |
| Enterprise Value (mil) |
2,615.51 |
| Market risk premium |
4.60% |
| Cost of Equity |
8.83% |
| Cost of Debt |
5.00% |
| WACC |
8.24% |