Farmers & Merchants Bancshares, Inc. (FMFG) EV to CFO (2016 - 2026)
Farmers & Merchants Bancshares' EV to CFO came in at 7.98 for Q2 2026, down 65.5% from 23.12 a year earlier but up 7.5% from the prior quarter.
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Analysis
Farmers & Merchants Bancshares, Inc. (FMFG) EV to CFO (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Farmers & Merchants Bancshares reported EV to CFO of 7.77, down 65.4% year-over-year; for FY2025, it was 9.10, down 67.4% from FY2024.
- Going back by year, EV to CFO was 27.93 in FY2024 (+205.1%), 9.15 in FY2023 (-2.4%), 9.37 in FY2022 (+65.2%) and 5.68 in FY2021 (-35.5%).
- The five-year range for quarterly EV to CFO is 5.68 (Q4 2021) to 27.93 (Q4 2024).
- Year-over-year, EV to CFO has declined for four consecutive quarters, with growth averaging 35.2% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q4 2024 (growth of 205.1%), and the weakest in Q4 2025 (a decline of 67.4%).
- Business Quant data shows FMFG's EV to CFO at 7.43 (Q1 2026), 9.10 (Q4 2025) and 11.66 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.98 |
| Mar 31, 2026 | 7.43 |
| Dec 31, 2025 | 9.10 |
| Sep 30, 2025 | 11.66 |
| Jun 30, 2025 | 23.12 |
| Mar 31, 2025 | 19.91 |
| Dec 31, 2024 | 27.93 |
| Sep 30, 2024 | 15.72 |
| Jun 30, 2024 | 9.44 |
| Mar 31, 2024 | 12.35 |
| Dec 31, 2023 | 9.15 |
| Sep 30, 2023 | 8.20 |
| Jun 30, 2023 | 8.59 |
| Mar 31, 2023 | 8.58 |
| Dec 31, 2022 | 9.37 |
| Sep 30, 2022 | 7.44 |
| Jun 30, 2022 | 7.40 |
| Mar 31, 2022 | 6.68 |
| Dec 31, 2021 | 5.68 |
| Sep 30, 2021 | 6.36 |
API Access
Farmers & Merchants Bancshares, Inc. EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FMFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "FMFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FMFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();