Botfet / Company detail
FRME
rejectedFirst Merchants Corporation
fintech rails
Moat scoreNot available: not scored quality failout of 100
Rejectionquality_fail
The numbers
Financial metrics
Roic-4.3%
Gross Margin61.0%
Revenue Cagr17.2%
Fcf Conversion125.5%
Fcf Yield11.0%
Interest Coverage0.7x
Market Cap B$2.6B
Pe12.6
Quality PassFail
Founder LedNo
Thesis AlignedYes
Moat QuantNot available: not scored quality fail
Why it may endure
Moat breakdown
Market Share StabilityNot available: not scored quality fail
Network EffectsNot available: not scored quality fail
Pricing PowerNot available: not scored quality fail
Regulatory MoatNot available: not scored quality fail
Switching CostsNot available: not scored quality fail
ConvictionNot available: not scored quality fail
LeadershipNot available: not scored quality fail
VisionNot available: not scored quality fail