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

FMAO POWR Grades

• Stability is the dimension where FMAO ranks best; there it ranks ahead of 92.61% of US stocks.
• The strongest trend for FMAO is in Value, which has been heading up over the past 47 weeks.
• FMAO ranks lowest in Quality; there it ranks in the 28th percentile.

FMAO Stock Summary

• Farmers & Merchants Bancorp Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than merely 23.66% of US listed stocks.
• FMAO's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 86.13% of US stocks.
• The volatility of Farmers & Merchants Bancorp Inc's share price is greater than that of just 12.24% US stocks with at least 200 days of trading history.
• Stocks that are quantitatively similar to FMAO, based on their financial statements, market capitalization, and price volatility, are LSBK, NBTB, CBU, UCBI, and RBCAA.
• 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

• Its 2 year net income to common stockholders growth rate is now at 41.29%.
• The 2 year revenue growth rate now stands at 34.94%.
• Its 4 year net cashflow from operations growth rate is now at 36.27%.

Over the past 33 months, FMAO's revenue has gone up $25,420,000.

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
2021-06-30	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
2020-03-31	64.532	20.779	19.283

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.