Independent Bank Corp.
NASDAQ Global SelectTotal Valuation
Independent Bank Corp. carries a market capitalization of 4.11B, placing it among publicly traded companies globally. Its enterprise value stands at 4.11B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 4.11B |
| Enterprise Value | 4.11B |
Valuation Ratios
Independent Bank Corp. trades at a trailing price-to-earnings ratio of 21.69.
| PE Ratio | 21.69 |
| PS Ratio | 5.56 |
| PB Ratio | N/A |
| P/TBV Ratio | N/A |
| P/FCF Ratio | 15.83 |
| P/OCF Ratio | 16.56 |
Enterprise Valuation
On an enterprise value basis, Independent Bank Corp. trades at an EV/EBITDA multiple of 124.96 and an EV/FCF ratio of 15.82.
| EV / Sales | 5.56 |
| EV / EBITDA | 124.96 |
| EV / EBIT | N/A |
| EV / FCF | 15.82 |
Financial Position
| Current Ratio | N/A |
| Quick Ratio | N/A |
| Debt / Equity | 66.94 |
| Debt / EBITDA | N/A |
| Interest Coverage | N/A |
Financial Efficiency
| Return on Equity (ROE) | 31.11 |
| Return on Assets (ROA) | 1.89 |
| Return on Invested Capital (ROIC) | N/A |
| Return on Capital Employed (ROCE) | N/A |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Independent Bank Corp. has paid 53.99M in income taxes, reflecting an effective tax rate of 22.17.
| Income Tax | 53.99M |
| Effective Tax Rate | 22.17 |
Stock Price Statistics
Independent Bank Corp.'s stock has gained approximately 23.87604% over the past 52 weeks. The 50-day moving average sits at 81.10, while the 200-day moving average is 76.71.
| Beta (5Y) | N/A |
| 52-Week Price Change | 23.87604% |
| 50-Day Moving Average | 81.10 |
| 200-Day Moving Average | 76.71 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Independent Bank Corp. generated 739.50M in revenue and converted that into 189.52M in net income, yielding earnings per share of 3.86.
| Revenue | 739.50M |
| Gross Profit | N/A |
| Operating Income | N/A |
| Pretax Income | 243.50M |
| Net Income | 189.52M |
| EBITDA | 32.90M |
| EBIT | N/A |
| Earnings Per Share (EPS) | 3.86 |
Cash Flow
Independent Bank Corp. produced 248.32M in operating cash flow over the past twelve months. After subtracting -11.49M in capital expenditures, free cash flow totaled 236.83M - equivalent to 4.82 per share.
| Operating Cash Flow | 248.32M |
| Capital Expenditures | -11.49M |
| Free Cash Flow | 236.83M |
| FCF Per Share | 4.82 |
Margins
Independent Bank Corp. operates with a gross margin of 100.00, reflecting its pricing power and cost economics.
| Gross Margin | 100.00 |
| Operating Margin | N/A |
| Pretax Margin | 32.93 |
| Profit Margin | 25.63 |
| EBITDA Margin | 4.45 |
Dividends & Yields
The company's payout ratio of 44.11 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.70 |
| Dividend Yield | N/A |
| Payout Ratio | 44.11 |
| Shareholder Yield | 11.50 |
| FCF Yield | 6.32 |
Stock Splits
Independent Bank Corp.'s most recent stock split took place on October 1, 1987 with a 2:3 split ratio.
| Last Split Date | 10/1/1987 |
| Split Ratio | 2:3 |
Scores
Independent Bank Corp. posts an Altman Z-Score of 0.63, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 0.63 |