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Horizon Bancorp (IN) (Horizon Bancorp (IN)) EV-to-FCF : 21.39 (As of May. 01, 2024)


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What is Horizon Bancorp (IN) EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Horizon Bancorp (IN)'s Enterprise Value is $1,736.2 Mil. Horizon Bancorp (IN)'s Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $81.2 Mil. Therefore, Horizon Bancorp (IN)'s EV-to-FCF for today is 21.39.

The historical rank and industry rank for Horizon Bancorp (IN)'s EV-to-FCF or its related term are showing as below:

HBNC' s EV-to-FCF Range Over the Past 10 Years
Min: 4.01   Med: 17.81   Max: 51.61
Current: 21.01

During the past 13 years, the highest EV-to-FCF of Horizon Bancorp (IN) was 51.61. The lowest was 4.01. And the median was 17.81.

HBNC's EV-to-FCF is ranked worse than
85.68% of 1131 companies
in the Banks industry
Industry Median: 5.64 vs HBNC: 21.01

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 (2024-05-01), Horizon Bancorp (IN)'s stock price is $12.17. Horizon Bancorp (IN)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.540. Therefore, Horizon Bancorp (IN)'s PE Ratio for today is 22.54.


Horizon Bancorp (IN) EV-to-FCF Historical Data

The historical data trend for Horizon Bancorp (IN)'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.

Horizon Bancorp (IN) EV-to-FCF Chart

Horizon Bancorp (IN) 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 7.04 12.58 9.60 14.54 12.35

Horizon Bancorp (IN) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.77 22.74 22.88 12.35 -

Competitive Comparison of Horizon Bancorp (IN)'s EV-to-FCF

For the Banks - Regional subindustry, Horizon Bancorp (IN)'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.


Horizon Bancorp (IN)'s EV-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Horizon Bancorp (IN)'s EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Horizon Bancorp (IN)'s EV-to-FCF falls into.



Horizon Bancorp (IN) EV-to-FCF Calculation

Horizon Bancorp (IN)'s EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1736.152/81.161
=21.39

Horizon Bancorp (IN)'s current Enterprise Value is $1,736.2 Mil.
Horizon Bancorp (IN)'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 $81.2 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.


Horizon Bancorp (IN)  (NAS:HBNC) 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.

Horizon Bancorp (IN)'s PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12.17/0.540
=22.54

Horizon Bancorp (IN)'s share price for today is $12.17.
Horizon Bancorp (IN)'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 $0.540.

* 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.


Horizon Bancorp (IN) EV-to-FCF Related Terms

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


Horizon Bancorp (IN) (Horizon Bancorp (IN)) Business Description

Traded in Other Exchanges
N/A
Address
515 Franklin Street, Michigan City, IN, USA, 46360
Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. In addition, the company provides advances, loans, term loans, overdrafts for various business purposes such as business expansion, purchasing machinery and equipment, business mortgaged and others. The company has one principal business segment, commercial banking. Revenue generated by the company mainly consists of dividends received.
Executives
Susan D Aaron director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Todd A. Etzler officer: Executive Vice President & GC 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Vanessa Peterson Williams director 999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Craig M Dwight officer: Chief Executive Officer 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Thomas M Prame officer: President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Noe S Najera officer: EVP, Sr. Retail & Mort Lending 515 FRANKLIN ST, MICHIGAN CITY IN 46360
Julie Scheck Freigang director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Michele M. Magnuson director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
James D Neff officer: President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Kathie A Deruiter officer: Executive Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Lynn Kerber officer: EVP & SCCO 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Dennis Kuhn officer: Executive Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Steven William Reed director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Peter L Pairitz director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Eric P. Blackhurst director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360

Horizon Bancorp (IN) (Horizon Bancorp (IN)) Headlines

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