As of 2024-10-14, the Intrinsic Value of Independent Bank Corp (Michigan) (IBCP) is
27.45 USD. This IBCP valuation is based on the model Peter Lynch Fair Value.
With the current market price of 33.42 USD, the upside of Independent Bank Corp (Michigan) is
-17.88%.
27.45 USD
Intrinsic Value
IBCP Intrinsic Value - Valuation Summary
|
Range |
Selected |
Upside |
| a |
| Fair Value |
27.45 - 27.45 |
27.45 |
-17.88% |
| P/E |
32.24 - 46.58 |
37.42 |
12.0% |
| DDM - Stable |
27.13 - 54.70 |
40.92 |
22.4% |
| DDM - Multi |
30.76 - 48.09 |
37.51 |
12.2% |
IBCP Intrinsic Value - Key Valuation Metrics
| Market Cap (mil) |
698.48 |
| Beta |
0.50 |
| Outstanding shares (mil) |
20.90 |
| Enterprise Value (mil) |
777.79 |
| Market risk premium |
4.60% |
| Cost of Equity |
7.65% |
| Cost of Debt |
5.00% |
| WACC |
7.28% |