Independent Bank Corp. Stock Price and Value Analysis

Should you buy Independent Bank Corp. stock? (NasdaqGS:INDB). Let's see how it does in our automated value investing analysis system.

INDB Free Cash Flow Trend

Free Cash Flow trendline for INDB
Free Cash Flow trendline for Independent Bank Corp.

Based on historical returns, we believe that Independent Bank Corp. can grow its free cash at a rate of about 0%. That's positive!

AdvantagesDisadvantages
  • This company is solid.
  • This company has an average dividend yield.
  • This company has amazingly consistent growth!
  • This company is making money at a modest rate.
  • This stock looks overpriced.

Inside the INDB Numbers

INDB Price
(Independent Bank Corp. stock price per share)
$75.13
[?] INDB Fair Price
(based on intrinsic value)
$44.29
[?] INDB Safety Price (based on a variable margin of safety) $28.79
[?] PE Ratio versus Sector 29% higher than other Financial stocks
[?] PE Ratio versus Industry 18% higher than other Banks - Regional - US stocks
[?] Cash Yield 3.03%
[?] Free Cash Flow Jitter 11%
[?] Dividend Yield 2%

Is Independent Bank Corp. Stock on Sale?

We believe that Independent Bank Corp. may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Independent Bank Corp. looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy INDB Stock?

Does Independent Bank Corp. have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.