MBIN Relative Valuation
MBIN'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, MBIN is overvalued; if below, it's undervalued.
Historical Valuation
Merchants Bancorp (MBIN) is now in the Fair zone, suggesting that its current forward PE ratio of 7.63 is considered Fairly compared with the five-year average of 6.49. The fair price of Merchants Bancorp (MBIN) is between 31.51 to 39.04 according to relative valuation methord.
Relative Value
Fair Zone
31.51-39.04
Current Price：34.63
Fair
7.63
PE
1Y
3Y
5Y
Trailing
Forward
0.00
EV/EBITDA
Merchants Bancorp. (MBIN) 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
Merchants Bancorp. (MBIN) 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.
2.27
PS
Merchants Bancorp. (MBIN) has a current PS of 2.27. The 5-year average PS is 2.61. The thresholds are as follows: Strongly Undervalued below 1.78, Undervalued between 1.78 and 2.19, Fairly Valued between 3.02 and 2.19, Overvalued between 3.02 and 3.43, and Strongly Overvalued above 3.43. The current Forward PS of 2.27 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/OCF
Merchants Bancorp. (MBIN) 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
Merchants Bancorp. (MBIN) 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.
Merchants Bancorp (MBIN) has a current Price-to-Book (P/B) ratio of 0.95. Compared to its 3-year average P/B ratio of 1.19 , the current P/B ratio is approximately -20.03% higher. Relative to its 5-year average P/B ratio of 1.32, the current P/B ratio is about -28.16% higher. Merchants Bancorp (MBIN) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -19.21%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 4.35% , the current FCF yield is about -100.00% lower.
0.95
P/B
Median3y
1.19
Median5y
1.32
1.47
FCF Yield
Median3y
-19.21
Median5y
4.35
Competitors Valuation Multiple
The average P/S ratio for MBIN's competitors is , providing a benchmark for relative valuation. Merchants Bancorp Corp (MBIN) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 8.81%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of MBIN decreased by 5.05% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 140.68M to 153.08M.
The secondary factor is the P/E Change, contributed 4.10%to the performance.
Overall, the performance of MBIN in the past 1 year is driven by Revenue Growth. Which is more sustainable.
People Also Watch
FAQ
Is Merchants Bancorp (MBIN) currently overvalued or undervalued?
What is Merchants Bancorp (MBIN) fair value?
How does MBIN's valuation metrics compare to the industry average?
What is the current P/B ratio for Merchants Bancorp (MBIN) as of Dec 05 2025?
What is the current FCF Yield for Merchants Bancorp (MBIN) as of Dec 05 2025?
What is the current Forward P/E ratio for Merchants Bancorp (MBIN) as of Dec 05 2025?