What is the intrinsic value of IBCP?
As of 2025-07-09, the Intrinsic Value of Independent Bank Corp (Michigan) (IBCP) is
25.68 USD. This IBCP valuation is based on the model Peter Lynch Fair Value.
With the current market price of 34.22 USD, the upside of Independent Bank Corp (Michigan) is
-24.95%.
Is IBCP undervalued or overvalued?
Based on its market price of 34.22 USD and our intrinsic valuation, Independent Bank Corp (Michigan) (IBCP) is overvalued by 24.95%.
25.68 USD
Intrinsic Value
IBCP Intrinsic Value - Valuation Summary
|
Range |
Selected |
Upside |
| a |
| Fair Value |
25.68 - 25.68 |
25.68 |
-24.95% |
| P/E |
36.21 - 49.83 |
43.85 |
28.1% |
| DDM - Stable |
23.37 - 54.35 |
38.86 |
13.6% |
| DDM - Multi |
29.55 - 52.02 |
37.56 |
9.8% |
IBCP Intrinsic Value - Key Valuation Metrics
| Market Cap (mil) |
709.04 |
| Beta |
0.94 |
| Outstanding shares (mil) |
20.72 |
| Enterprise Value (mil) |
788.47 |
| Market risk premium |
4.60% |
| Cost of Equity |
9.45% |
| Cost of Debt |
5.00% |
| WACC |
8.91% |