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Macatawa Bank (Macatawa Bank) EV-to-FCF : 11.26 (As of Apr. 25, 2024)


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What is Macatawa Bank EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Macatawa Bank's Enterprise Value is $488.4 Mil. Macatawa Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $43.4 Mil. Therefore, Macatawa Bank's EV-to-FCF for today is 11.26.

The historical rank and industry rank for Macatawa Bank's EV-to-FCF or its related term are showing as below:

MCBC' s EV-to-FCF Range Over the Past 10 Years
Min: 6.48   Med: 14.69   Max: 42.05
Current: 11.28

During the past 13 years, the highest EV-to-FCF of Macatawa Bank was 42.05. The lowest was 6.48. And the median was 14.69.

MCBC's EV-to-FCF is ranked worse than
70.69% of 1126 companies
in the Banks industry
Industry Median: 5.58 vs MCBC: 11.28

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-25), Macatawa Bank's stock price is $14.28. Macatawa Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.260. Therefore, Macatawa Bank's PE Ratio for today is 11.33.


Macatawa Bank EV-to-FCF Historical Data

The historical data trend for Macatawa Bank's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Macatawa Bank EV-to-FCF Chart

Macatawa Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.93 12.20 10.41 10.50 8.89

Macatawa Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.50 8.71 6.73 6.62 8.89

Competitive Comparison of Macatawa Bank's EV-to-FCF

For the Banks - Regional subindustry, Macatawa Bank's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macatawa Bank's EV-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Macatawa Bank's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Macatawa Bank's EV-to-FCF falls into.



Macatawa Bank EV-to-FCF Calculation

Macatawa Bank's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=488.364/43.361
=11.26

Macatawa Bank's current Enterprise Value is $488.4 Mil.
Macatawa Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $43.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Macatawa Bank  (NAS:MCBC) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Macatawa Bank's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.28/1.260
=11.33

Macatawa Bank's share price for today is $14.28.
Macatawa Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.260.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Macatawa Bank EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Macatawa Bank's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Macatawa Bank (Macatawa Bank) Business Description

Traded in Other Exchanges
N/A
Address
10753 Macatawa Drive, Holland, MI, USA, 49424
Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company's primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.
Executives
Thomas P Rosenbach director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Nicole S Dandridge director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Timothy J. Doyle officer: Chief Commercial Banking Ofcr. 10753 MACATAWA DRIVE, HOLLAND MI 49424
Robert L Herr director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Charles A. Geenen director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Jill A Walcott officer: Senior V.P. Retail Banking 10753 MACATAWA DRIVE, HOLLAND MI 49424
Matthew D Hoeksema officer: Senior Vice President 10753 MACATAWA DRIVE, HOLLAND MI 49424
Mark Bugge director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Le Roy Michael K. director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Ronald L Haan director, officer: CEO and President 10753 MACATAWA DRIVE, HOLLAND MI 49424
Richard L Postma director 10753 MACATAWA DRIVE, HOLLAND MI 49424
White Bay Capital, Lllp 10 percent owner 3133 ORCHARD VISTA DRIVE, GRAND RAPIDS MI 49546
Wayne J. Elhart director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Arend D Lubbers director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Douglas B Padnos director 10753 MACATAWA DRIVE, HOLLAND MI 49424

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