Independent Bank Stock Five Year Return
| INDB Stock | USD 50.79 0.36 0.71% |
Independent Bank fundamentals help investors to digest information that contributes to Independent Bank's financial success or failures. It also enables traders to predict the movement of Independent Stock. The fundamental analysis module provides a way to measure Independent Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independent Bank stock.
Independent | Five Year Return |
Independent Bank Company Five Year Return Analysis
Independent Bank's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Independent Bank Five Year Return | 2.25 % |
Most of Independent Bank's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independent Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Independent Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Independent Bank is extremely important. It helps to project a fair market value of Independent Stock properly, considering its historical fundamentals such as Five Year Return. Since Independent Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independent Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independent Bank's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Independent Return On Tangible Assets
Return On Tangible Assets |
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According to the company disclosure, Independent Bank has a Five Year Return of 2.25%. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The five year return for all United States stocks is notably lower than that of the firm.
Independent Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independent Bank's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics of similar companies.Independent Bank is currently under evaluation in five year return category among related companies.
Independent Bank Current Valuation Drivers
We derive many important indicators used in calculating different scores of Independent Bank from analyzing Independent Bank's financial statements. These drivers represent accounts that assess Independent Bank's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independent Bank's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.7B | 2.4B | 2.8B | 3.9B | 2.9B | 3.1B | |
| Enterprise Value | 2.9B | 1.3B | 754.8M | 3.7B | 4.0B | 4.2B |
Independent Bank ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Independent Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Independent Bank's managers, analysts, and investors.Environmental | Governance | Social |
Independent Fundamentals
| Return On Equity | 0.0791 | ||||
| Return On Asset | 0.0117 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 3.02 B | ||||
| Shares Outstanding | 42.47 M | ||||
| Shares Owned By Insiders | 1.15 % | ||||
| Shares Owned By Institutions | 83.72 % | ||||
| Number Of Shares Shorted | 877.68 K | ||||
| Price To Earning | 21.94 X | ||||
| Price To Book | 0.71 X | ||||
| Price To Sales | 2.92 X | ||||
| Revenue | 795.73 M | ||||
| Gross Profit | 718.36 M | ||||
| EBITDA | 315.13 M | ||||
| Net Income | 239.5 M | ||||
| Cash And Equivalents | 936.3 M | ||||
| Cash Per Share | 20.52 X | ||||
| Total Debt | 1.27 B | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 67.94 X | ||||
| Cash Flow From Operations | 281.56 M | ||||
| Short Ratio | 3.47 X | ||||
| Earnings Per Share | 5.18 X | ||||
| Price To Earnings To Growth | 11.00 X | ||||
| Target Price | 57.5 | ||||
| Number Of Employees | 1.79 K | ||||
| Beta | 0.85 | ||||
| Market Capitalization | 2.16 B | ||||
| Total Asset | 19.35 B | ||||
| Retained Earnings | 1.08 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 2.25 % | ||||
| Net Asset | 19.35 B | ||||
| Last Dividend Paid | 2.22 |
About Independent Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:Check out Independent Bank Piotroski F Score and Independent Bank Altman Z Score analysis. For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.Note that the Independent Bank information on this page should be used as a complementary analysis to other Independent Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Independent Stock analysis
When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.
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Is Independent Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Dividend Share 2.22 | Earnings Share 5.18 | Revenue Per Share 15.836 | Quarterly Revenue Growth (0.1) |
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.