Three independent discounted-cash-flow-style models value First Merchants Corp every trading day. 2 of 3 currently price FRME above its market price.
| Free Cash Flow model | $51.14 |
| Excess Profit model | $62.66 |
| Residual Earnings model | $14.34 |
| Dividend Discount model | $36.43 |
| Piotroski F-Score | 6 / 9 |
| Return on invested capital | +8.3% |
| Net debt / EBITDA | -1.1× |
| Gross margin | +100.0% |
| Revenue CAGR | +15.2% |
| Cash conversion | 1.3× |
| Dividend yield | +3.7% |
| Buyback yield | +1.5% |
These are StockKitty's default assumptions. In the app, the models recompute live as you adjust growth, discount rates, and margins — and the AI explains the bull case, bear case, and quality picture.
Open FRME in StockKitty