Independent Bank Corporation logo IBCP - Independent Bank Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 1
HOLD 6
SELL 0
STRONG
SELL 0
| PRICE TARGET: $38.00 DETAILS
HIGH: $39.00
LOW: $37.00
MEDIAN: $38.00
CONSENSUS: $38.00
UPSIDE: 12.09%

Profitability Ratios

Ratio Value
GP Margin 69.6%
EBIT Margin 25.8%
EBITDA Margin 25.8%
Operating Margin 25.8%
Pretax Margin 25.8%
Cont. Ops Margin 21.7%
Net Margin 21.7%
Bottom Line Margin 21.7%

Liquidity Ratios

Ratio Value
Current Ratio 0.03
Quick Ratio 0.03
Solvency Ratio 0.014
Cash Ratio 0.03

Valuation Ratios

Ratio Value
Price/Earnings
9.81
Hist. avg: 12.3
Peers avg: 13.5
PEG Ratio 3.14
Forward PEG 3.14
Price/Book 1.34
Price/Sales 2.13
Price/FCF 9.58
Price/Op Cash Flow 8.77

Debt Ratios

Ratio Value
Debt/Assets 0.0212
Debt/Equity 0.2324
Debt/Capital 0.1886
Long-Term Debt/Capital 0.1886
Financial Leverage 10.95

Cash Flow Ratios

Ratio Value
Working Capital Turnover -0.07
Operating Cash Flow Ratio 0.016
Operating Cash Flow/Sales 24.3%
Free Cash Flow/Operating Cash Flow 91.5%

Coverage Ratios

Ratio Value
Debt Service Coverage 0.76
Interest Coverage 0.9060
Short-Term Operating Cash Flow Coverage 0.00
Operating Cash Flow Coverage 0.66
Capital Expenditure Coverage 11.81
Dividend + Capital Expenditure Coverage 2.73

Dividend Ratios

Ratio Value
Payout Ratio 31.5140%
Dividend Yield 3.2122%
Dividend Yield % 3.2122%
Dividend Per Share 1.0449

Per Share Ratios

Ratio Value
Revenue/Share 15.26
EPS 3.316
Debt/Share 9.9941
Cash/Share 7.82
Book Value/Share 24.33
Tangible BV/Share 21.39
Equity/Share 24.33
Operating Cash Flow/Share 3.709
Capital Expenditure/Share 0.314
FCF/Share 3.395

Other Ratios

Ratio Value
Net Income/Earnings Before Tax 0.843
Earnings Before Tax/EBIT 1.000
Price/Fair Value 1.34
Debt/Market Cap 0.1738
Effective Tax Rate 15.7%
Enterprise Value Multiple 8.01