Farmers & Merchants Bancorp, Inc. (FMAO): Price and Financial Metrics

FMAO POWR Grades

• FMAO scores best on the Stability dimension, with a Stability rank ahead of 92.61% of US stocks.
• The strongest trend for FMAO is in Sentiment, which has been heading up over the past 42 weeks.
• FMAO's current lowest rank is in the Quality metric (where it is better than 28.66% of US stocks).

FMAO Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for FMAO is 0.31 -- better than just 24.59% of US stocks.
• FMAO's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 87.28% of US stocks.
• With a year-over-year growth in debt of 72.14%, Farmers & Merchants Bancorp Inc's debt growth rate surpasses 88.52% of about US stocks.
• If you're looking for stocks that are quantitatively similar to Farmers & Merchants Bancorp Inc, a group of peers worth examining would be LSBK, EBTC, NBTB, IBCP, and MCBC.
• Visit FMAO's SEC page to see the company's official filings. To visit the company's web site, go to www.fm.bank.

FMAO Valuation Summary

• FMAO's EV/EBIT ratio is 5; this is 41.86% lower than that of the median Financial Services stock.
• Over the past 189 months, FMAO's price/earnings ratio has gone down 0.3.
• FMAO's EV/EBIT ratio has moved down 5.5 over the prior 189 months.

Below are key valuation metrics over time for FMAO.

FMAO Growth Metrics

• The 2 year revenue growth rate now stands at 34.94%.
• Its 3 year net income to common stockholders growth rate is now at 37.59%.
• Its 4 year price growth rate is now at 98.93%.

Over the past 70 months, FMAO's revenue has gone up $39,082,000.

The table below shows FMAO's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-09-30	79.308	38.166	22.588
2021-06-30	75.195	32.424	21.078
2021-03-31	72.165	29.176	20.899
2020-12-31	69.582	27.382	20.095
2020-09-30	65.42	20.408	18.042
2020-06-30	63.482	18.825	17.907

FMAO's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• FMAO has a Quality Grade of C, ranking ahead of 28.66% of graded US stocks.
• FMAO's asset turnover comes in at 0.038 -- ranking 215th of 437 Banking stocks.
• ASRV, SFBC, and FRME are the stocks whose asset turnover ratios are most correlated with FMAO.

The table below shows FMAO's key quality metrics over time.