Independent Stock Valuation

INDB -  USA Stock  

USD 84.83  1.42  1.70%

Do you wonder what the value of Independent Bk Corp is? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as Independent, is its stock price multiplied by the total number of shares outstanding, calculating Independent's enterprise value requires a different approach. It uses Independent's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
Independent Free Cash Flow is projected to increase significantly based on the last few years of reporting. The past year's Free Cash Flow was at 58.15 Million. The current year Enterprise Value is expected to grow to about 1.6 B, whereas Tangible Asset Value is forecasted to decline to about 11 B.
Independent Bk Corp retains a regular Real Value of $88.14 per share. The prevalent price of the firm is $84.83. At this time, the firm appears to be fairly valued. Our model calculates the value of Independent Bk Corp from evaluating the firm fundamentals such as Return On Asset of 1.06 %, current valuation of 753.49 M, and Return On Equity of 8.02 % as well as inspecting its technical indicators and Probability Of Bankruptcy. In general, we encourage taking in undervalued assets and trading overvalued assets since, at some point, asset prices and their ongoing real values will come together.

Independent Valuation 

 
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Independent Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Independent's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Fairly Valued
Today
84.83
25th of October 2021
Share
Please note that Independent's price fluctuation is very steady at this time. Calculation of the real value of Independent Bk Corp is based on 3 months time horizon. Increasing Independent's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Independent Bk Corp is useful when determining the fair value of the Independent stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Independent. Since Independent is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Independent Stock. However, Independent's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
88.14
Real Value
89.78
Upside
Estimating the potential upside or downside of Independent Bk Corp helps investors to forecast how Independent stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Independent more accurately as focusing exclusively on Independent's fundamentals will not take into account other important factors:
Earnings
Estimates (2)
LowProjected EPSHigh
4.484.504.52
Details
Hype
Prediction
LowEstimated ValueHigh
83.3785.0186.65
Details
3 Analysts
Consensus
LowTarget PriceHigh
70.0080.6790.00
Details
Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Independent's intrinsic value based on its ongoing forecasts of Independent's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Independent's closest peers. When choosing an evaluation method for Independent Bk Corp, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.

Independent Investments

9.59 BillionShare

Independent Valuation Drivers Correlation

Many accounts on the financial statements of Independent Bk Corp are highly interrelated and sometimes correlated. Consequently, when conducting Independent's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of Independent
Click cells to compare fundamentals

Independent Valuation Trend

Knowing Independent's actual value is paramount for traders to make sound investment determinations. Independent's real value is not only important for the investor to make better decisions but also for a more accurate overall view of Independent's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both Independent's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.

Independent Market Cap

Independent Bk Corp is rated fourth overall in market capitalization category among related companies. Market capitalization of Banks—Regional industry is currently estimated at about 60.2 Billion. Independent holds roughly 2.78 Billion in market capitalization claiming about 5% of stocks in Banks—Regional industry.
Capitalization  Total debt  Workforce  Valuation  Revenue

Independent Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Independent's current stock value. Our valuation model uses many indicators to compare Independent value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Independent competition to find correlations between indicators driving Independent's intrinsic value. More Info.
Independent Bk Corp is rated fifth overall in beta category among related companies. It is currently regarded as number one stock in price to sales category among related companies fabricating about  6.24  of Price to Sales per Beta. As of October 25, 2021, Price to Sales Ratio is expected to decline to 5.55. Comparative valuation analysis is a catch-all model that can be used if you cannot value Independent by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Independent's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Independent's earnings, one of the primary drivers of an investment's value.

About Independent Valuation

The equity valuation mechanism determines the current worth of Independent Bk Corp on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Independent Bk Corp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Independent Bk Corp based exclusively on its fundamental and basic technical indicators. By analyzing Independent's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Independent's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Independent. We calculate exposure to Independent's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Independent's related companies.
Last ReportedProjected for 2021
Gross Profit426.7 M401.2 M
Profit Margin 0.28  0.30 
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1432 people.

Independent Quarterly Enterprise Value

900.89 MillionShare
Independent's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Independent's value is low or high relative to the company's performance and growth projections. Determining the market value of Independent can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Independent represents a small ownership stake in the entity. As a stockholder of Independent, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Independent Dividends Analysis For Valuation

Please note that Independent has scaled down on payment of dividends at this time. The current year Price to Earnings Ratio is expected to grow to 20.79, whereas Accumulated Retained Earnings Deficit are forecasted to decline to about 613.8 M.
There are various types of dividends Independent can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Independent shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Independent Bk Corp directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Independent pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Independent by the value of the dividends paid out.

Independent Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Independent does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Earnings Quarterly Growth55.90%
Revenue Growth31.30%
Payout Ratio45.15%
Earnings Growth61.50%
Enterprise Value To Revenue1.66

Independent Current Valuation Indicators

Valuation refers to the process of determining the present value of Independent Bk Corp and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Independent we look at many different elements of the entity such as Independent's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Independent, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Independent's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Independent's worth.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Independent Bk Corp price analysis, check to measure Independent'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 is operating at the current time. Most of Independent's value examination focuses on studying past and present price action to predict the probability of Independent's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Independent's price. Additionally, you may evaluate how the addition of Independent to your portfolios can decrease your overall portfolio volatility.
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Is Independent'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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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'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'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.