What is the intrinsic value of FRME?

As of 2025-07-02, the Intrinsic Value of First Merchants Corp (FRME) is 19.67 USD. This FRME valuation is based on the model Peter Lynch Fair Value. With the current market price of 39.76 USD, the upside of First Merchants Corp is -50.54%.

Is FRME undervalued or overvalued?

Based on its market price of 39.76 USD and our intrinsic valuation, First Merchants Corp (FRME) is overvalued by 50.54%.

	Range	Selected	Upside
a
Fair Value	19.67 - 19.67	19.67	-50.54%
P/E	43.57 - 53.00	49.37	24.2%
DDM - Stable	26.00 - 49.07	37.53	-5.6%
DDM - Multi	37.34 - 54.47	44.28	11.4%