INDB Valuation

Independent Bank Corp (Massachusetts)

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66.640

-1.82(-2.658%)1D

Overview
Forecast
Valuation
Earnings

INDB Relative Valuation

INDB'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, INDB is overvalued; if below, it's undervalued.

Historical Valuation

Independent Bank Corp (Massachusetts) (INDB) is now in the Undervalued zone, suggesting that its current forward PE ratio of 10.33 is considered Undervalued compared with the five-year average of 14.05. The fair price of Independent Bank Corp (Massachusetts) (INDB) is between 73.20 to 104.05 according to relative valuation methord. Compared to the current price of 66.64 USD , Independent Bank Corp (Massachusetts) is Undervalued By 8.96%.

Relative Value

Fair Zone

73.20-104.05

Current Price：66.64

8.96%

Undervalued

Trailing

Forward

P/E

EV/EBITDA

EV/EBIT

P/S

P/OCF

P/FCF

Trailing

Forward

0.95

P/B

Median3y

0.95

Median5y

1.13

0.00

FCF Yield

Median3y

9.96

Median5y

8.11

Competitors Valuation Multiple

The average P/S ratio for INDB's competitors is 3.36, providing a benchmark for relative valuation. Independent Bank Corp (Massachusetts) Corp (INDB) exhibits a P/S ratio of 3.46, which is 2.83% above the industry average. Given its robust revenue growth of 6.26%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

INDB.O

Independent Bank Corp (Massachusetts)

3.46

Average P/S: 3.36

6.26%