Independent Historical Valuation

INDB -  USA Stock  

USD 84.83  1.42  1.70%

Some fundamental drivers such as market cap or Independent enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Independent Bk Corp valuation indicators such as Average Assets of 11.1 B or Earnings Before Interest Taxes and Depreciation Amortization EBITDA of 165.5 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Independent's future value. Financial Statement Analysis is much more than just reviewing and breaking down Independent Bk Corp prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Independent Bk Corp is a good buy for the upcoming year.
Please see Risk vs Return Analysis.

Independent Historical Statements 


About Independent Valuation Data Analysis

Valuation is the financial process of determining what Independent is worth. Independent valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Independent valuation ratios help investors to determine whether Independent Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Independent with respect to the benefits of owning Independent security.

Independent Valuation Data Chart

Independent valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Independent equity instrument and the benefits of owning shares of Independent Bk Corp.
Independent Enterprise Value is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value was at 1.44 Billion. The current year Free Cash Flow is expected to grow to about 83.7 M, whereas Net Income Per Employee is forecasted to decline to about 75.8 K.

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Independent theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Independent Bk Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Independent value than its market capitalization because it takes into account all of Independent Bk Corp existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.

Market Capitalization

Market capitalization (or market cap) is the total value of the shares outstanding of Independent Bk Corp. It is equal to Independent current share price times the number of Independent Bk Corp outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].
Most indicators from Independent valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators one by one will only give a small insight into Independent Bk Corp current financial condition. On the other hand, looking into the entire matrix of valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please see Risk vs Return Analysis.Independent Enterprise Value is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value was at 1.44 Billion. The current year Free Cash Flow is expected to grow to about 83.7 M, whereas Net Income Per Employee is forecasted to decline to about 75.8 K.
 2018 2019 2020 2021 (projected)
Revenue Per Employee346.98 K417.14 K371.94 K327 K
Net Income Per Employee102.38 K122.53 K87.88 K75.77 K

Independent valuation accounts Correlations

Independent Account Relationship Matchups

Independent valuation accounts Accounts

201620172018201920202021 (projected)
Net Income Per Employee69.3 K78.7 K102.38 K122.53 K87.88 K75.77 K
Revenue Per Employee297.52 K325.08 K346.98 K417.14 K371.94 K327 K
Average Assets7.45 B7.97 B8.42 B10.88 B12.85 B11.06 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA126.43 M150.31 M171.56 M237.55 M180.1 M165.5 M
Earnings Before Interest Taxes and Depreciation Amortization USD126.43 M150.31 M171.56 M237.55 M180.1 M165.5 M
Earnings before Tax112.08 M134.54 M155.93 M218.11 M152.84 M142.99 M
Average Equity818.74 M916.77 M1 B1.53 B1.69 B1.38 B
Enterprise Value1.8 B2 B1.99 B2.94 B1.44 B1.62 B
Free Cash Flow82.85 M112.14 M132.92 M203.74 M58.15 M83.75 M
Invested Capital7.52 B7.95 B8.59 B11.01 B11.56 B10.42 B
Invested Capital Average7.25 B7.82 B8.22 B10.55 B11.61 B10.33 B
Market Capitalization1.85 B1.92 B1.94 B2.86 B2.41 B2.1 B
Tangible Asset Value7.48 B7.84 B8.58 B10.86 B12.67 B10.96 B

Independent Investors Sentiment

The influence of Independent's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Independent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - INDB

Independent Bk Corp Investor Sentiment

Most of Macroaxis users are currently bullish on Independent Bk Corp. What is your judgment towards investing in Independent Bk Corp? Are you bullish or bearish?
98% Bullish
2% Bearish

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Please see Risk vs Return Analysis. Note that the Independent Bk Corp information on this page should be used as a complementary analysis to other Independent'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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The market value of Independent Bk Corp 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's value that differs from its market value or its book value, called intrinsic value, which is Independent'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's market value can be influenced by many factors that don't directly affect Independent Bk Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent's value and its price as these two are different measures arrived at by different means. Investors typically determine Independent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent'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.