Northeast Indiana Bancorp (Northeast Indiana Bancorp) GF Value Rank : 10 (As of May. 08, 2024)

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What is Northeast Indiana Bancorp GF Value Rank?

Northeast Indiana Bancorp has the GF Value Rank of 10.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Northeast Indiana Bancorp's GF Value Rank

For the Banks - Regional subindustry, Northeast Indiana Bancorp's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Northeast Indiana Bancorp's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northeast Indiana Bancorp's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Northeast Indiana Bancorp's GF Value Rank falls into.

Northeast Indiana Bancorp GF Value Rank Related Terms

Thank you for viewing the detailed overview of Northeast Indiana Bancorp's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Northeast Indiana Bancorp (Northeast Indiana Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northeast Indiana Bancorp Inc (OTCPK:NIDB) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

648 North Jefferson Street, P.O. Box 70, Huntington, IN, USA, 46750

Website

https://www.firstfedindiana.bank

Northeast Indiana Bancorp Inc is a part of the financial services domain. It acts as the holding company for First Federal Savings Bank, which provides commercial and residential real estate loans in the United States. The bank functions through the Residential Mortgage, Commercial Mortgage, Construction and land development, Commercial and Industrial, and Consumer Mortgage segments. The Commercial Mortgage segment accounts for a share of the company revenues. It provides services such as checking, commercial loans, credit cards, merchant services and cash management.

Executives

Dan L Stephan	director
Randy J Sizemore	officer: Senior Vice President	P O BOX 70, HUNTINGTON IN 46750
Michael S Zahn	director, officer: Senior Vice President	708 APPLEBY COURT, HUNTINGTON IN 46750
Thomas P Frantz	officer: Senior Vice President	648 N JEFFERSON STREET, HUNTINGTON IN 46750
Randall C Rider	director
J David Carnes	director
Dee Ann Hammel	officer: Senior Vice President	3102 ALSTON CT, HUNTINGTON IN 46750
Stephen E Zahn	director, 10 percent owner, officer: Chairman, President & CEO	648 NORTH JEFFERSON STREET, HUNTINGTON IN 46750
William A Zimmer	director