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HBNC Valuation

Horizon Bancorp Inc
$
16.250
+0.26(1.626%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings

HBNC Relative Valuation

HBNC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, HBNC is overvalued; if below, it's undervalued.

Historical Valuation

Horizon Bancorp Inc (HBNC) is now in the Fair zone, suggesting that its current forward PE ratio of 8.64 is considered Fairly compared with the five-year average of 9.05. The fair price of Horizon Bancorp Inc (HBNC) is between 15.93 to 19.22 according to relative valuation methord.
Relative Value
Fair Zone
15.93-19.22
Current Price:16.25
Fair
8.64
PE
1Y
3Y
5Y
Trailing
Forward
0.00
EV/EBITDA
Horizon Bancorp Inc. (HBNC) has a current EV/EBITDA of 0.00. The 5-year average EV/EBITDA is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward EV/EBITDA of 0.00 falls within the Strongly Undervalued range.
NaN
EV/EBIT
Horizon Bancorp Inc. (HBNC) has a current EV/EBIT of NaN. The 5-year average EV/EBIT is NaN. The thresholds are as follows: Strongly Undervalued below NaN, Undervalued between NaN and NaN, Fairly Valued between NaN and NaN, Overvalued between NaN and NaN, and Strongly Overvalued above NaN. The current Forward EV/EBIT of NaN falls within the range.
2.46
PS
Horizon Bancorp Inc. (HBNC) has a current PS of 2.46. The 5-year average PS is 2.78. The thresholds are as follows: Strongly Undervalued below 1.80, Undervalued between 1.80 and 2.29, Fairly Valued between 3.26 and 2.29, Overvalued between 3.26 and 3.75, and Strongly Overvalued above 3.75. The current Forward PS of 2.46 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/OCF
Horizon Bancorp Inc. (HBNC) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/OCF of 0.00 falls within the Strongly Undervalued range.
0.00
P/FCF
Horizon Bancorp Inc. (HBNC) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.
Horizon Bancorp Inc (HBNC) has a current Price-to-Book (P/B) ratio of 0.89. Compared to its 3-year average P/B ratio of 0.86 , the current P/B ratio is approximately 3.12% higher. Relative to its 5-year average P/B ratio of 0.96, the current P/B ratio is about -7.41% higher. Horizon Bancorp Inc (HBNC) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 11.26%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 11.46% , the current FCF yield is about -100.00% lower.
0.89
P/B
Median3y
0.86
Median5y
0.96
0.00
FCF Yield
Median3y
11.26
Median5y
11.46

Competitors Valuation Multiple

The average P/S ratio for HBNC's competitors is 2.35, providing a benchmark for relative valuation. Horizon Bancorp Inc Corp (HBNC) exhibits a P/S ratio of 2.46, which is 4.83% above the industry average. Given its robust revenue growth of 18.64%, this premium appears unsustainable.

Performance Decomposition

1Y
3Y
5Y
Market capitalization of HBNC increased by 4.81% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 27.63 to 34.00.
The secondary factor is the Revenue Growth, contributed 18.64%to the performance.
Overall, the performance of HBNC in the past 1 year is driven by Margin Expansion. Which is more sustainable.
18.64%
51.17M → 60.71M
Revenue Growth
+
23.05%
27.63 → 34.00
Margin Expansion
+
-36.88%
21.67 → 13.68
P/E Change
=
4.81%
15.50 → 16.25
Mkt Cap Growth

FAQ

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Is Horizon Bancorp Inc (HBNC) currently overvalued or undervalued?

Horizon Bancorp Inc (HBNC) is now in the Fair zone, suggesting that its current forward PE ratio of 8.64 is considered Fairly compared with the five-year average of 9.05. The fair price of Horizon Bancorp Inc (HBNC) is between 15.93 to 19.22 according to relative valuation methord.
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What is Horizon Bancorp Inc (HBNC) fair value?

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How does HBNC's valuation metrics compare to the industry average?

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What is the current P/B ratio for Horizon Bancorp Inc (HBNC) as of Aug 14 2025?

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What is the current FCF Yield for Horizon Bancorp Inc (HBNC) as of Aug 14 2025?

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What is the current Forward P/E ratio for Horizon Bancorp Inc (HBNC) as of Aug 14 2025?

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What is the current Forward P/S ratio for Horizon Bancorp Inc (HBNC) as of Aug 14 2025?