FMBH vs BH

Comparison between First Mid Bancshares Inc (FMBH, Company) and Biglari Holdings Inc - Class B (BH, Company).

FMBH is from the Financial Services sector, while BH is from the Consumer Cyclical sector.

5-Year PerformanceBH has outperformed FMBH, delivering a return of +19.6% compared to +6.3%

FMBH vs BH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMBH(COMPANY)	BH(COMPANY)
Market Cap	$1.26B	$1.25B
Max Drawdown	74.51%	87.84%
Sharpe Ratio	0.85	0.75
5Y Beta	0.78	0.92
Industry	Banks - Regional	Restaurants
P/E Ratio	12.17	N/A
Forward P/E	12.05	10.57
PEG Ratio	0.79	-12.63
Dividend Yield	2.06%	N/A
5Y Dividends CAGR	4.09%	N/A
5Y EPS CAGR	10.74%	N/A
Debt to Equity	0.00%	46.22%
Free Cash Flow Yield	8.04%	6.50%
P/S Ratio	3.65	3.19
P/B Ratio	1.20	2.56

Market Cap

Winner

FMBH

$1.26B

$1.25B

Max Drawdown

Winner

FMBH

74.51%

87.84%

Sharpe Ratio

Winner

FMBH

0.85

0.75

5Y Beta

Winner

FMBH

0.78

0.92

Industry

FMBH

Banks - Regional

Restaurants

P/E Ratio

FMBH

12.17

N/A

Forward P/E

FMBH

12.05

Winner

10.57

PEG Ratio

FMBH

0.79

Winner

-12.63

Dividend Yield

FMBH

2.06%

N/A

5Y Dividends CAGR

FMBH

4.09%

N/A

5Y EPS CAGR

FMBH

10.74%

N/A

Debt to Equity

Winner

FMBH

0.00%

46.22%

Free Cash Flow Yield

Winner

FMBH

8.04%

6.50%

P/S Ratio

FMBH

3.65

Winner

3.19

P/B Ratio

Winner

FMBH

1.20

2.56

FMBH vs BH - Historical Returns

Returns include dividend reinvestment.

Period	FMBH	BH
1 month	+4.55%	+29.24%
3 months	+9.35%	+20.11%
6 months	+21.95%	-6.52%
1 year	+23.96%	+30.46%
5 years(CAGR)	+6.31%	+19.56%
10 years(CAGR)	+9.29%	+3.85%
Max(CAGR)	+6.39%	+3.64%

FMBH

+4.55%

Winner

+29.24%

FMBH

+9.35%

Winner

+20.11%

Winner

FMBH

+21.95%

-6.52%

FMBH

+23.96%

Winner

+30.46%

5Y(CAGR)

FMBH

+6.31%

Winner

+19.56%

10Y(CAGR)

Winner

FMBH

+9.29%

+3.85%

Max(CAGR)

Winner

FMBH

+6.39%

+3.64%

FMBH vs BH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FMBH	BH
2026	+25.07%	+14.40%
2025	+11.27%	+32.99%
2024	+9.44%	+59.80%
2023	+11.25%	+19.21%
2022	-23.92%	-1.68%
2021	+29.10%	+30.19%
2020	-0.90%	-2.97%
2019	+10.31%	-2.10%
2018	-14.98%	-59.43%
2017	+18.01%	-13.48%
2016	+34.36%	+41.03%
2015	+50.56%	-19.15%
2014	-11.99%	-20.21%
2013	+1.77%	+37.54%
2012	+25.61%	+4.01%
2011	+9.19%	-11.27%
2010	+6.11%	+30.54%
2009	-19.46%	+162.66%
2008	-13.52%	-43.33%
2007	-35.26%	-37.96%
2006	+0.79%	+5.20%
2005	+8.74%	-13.25%
2004	+23.89%	+11.56%
2003	+74.62%	+75.86%
2002	+15.31%	-5.03%
2001	+27.82%	+62.11%
2000	-16.27%	-31.20%
1999	-2.86%	-17.71%

FMBH vs BH Drawdown Comparison

The maximum drawdown for FMBH was -73.14%, occurring on Dec 11, 2008. Recovery took 3332 trading sessions.

The maximum drawdown for BH was -87.84%, occurring on Mar 20, 2020. Recovery took 2966 trading sessions.

The current FMBH drawdown is -3.24%. The current BH drawdown is -17.57%.

Rank	FMBH	BH
#1	-73.14% Jul 19, 2004 - Oct 10, 2017	-87.84% Dec 26, 2013 - Oct 13, 2025
#2	-51.26% Jun 20, 2018 - Mar 5, 2021	-86.56% Aug 1, 2005 - Dec 20, 2010
#3	-48.94% Nov 8, 2021 - Nov 6, 2024	-48.04% Jan 21, 2026 - May 11, 2026
#4	-36.05% Nov 19, 2001 - Jul 28, 2003	-46.45% Nov 2, 1999 - Jan 14, 2002
#5	-27.46% Nov 6, 2024 - Dec 11, 2025	-43.19% Jun 28, 2002 - Jul 9, 2003
#6	-22.54% Nov 10, 1999 - Jun 14, 2001	-37.63% Feb 8, 2011 - Aug 22, 2013
#7	-17.68% Nov 29, 2017 - Jun 19, 2018	-27.01% Oct 24, 2025 - Jan 7, 2026
#8	-15.28% Mar 26, 2021 - Nov 1, 2021	-24.52% Jan 21, 2004 - Aug 1, 2005
#9	-13.84% Oct 26, 2017 - Nov 29, 2017	-13.18% Feb 25, 2002 - Jun 14, 2002
#10	-12.05% Feb 6, 2026 - May 26, 2026	-11.86% Jun 17, 2002 - Jun 28, 2002
#11	-10.14% Jun 14, 2001 - Sep 24, 2001	-10.28% Jul 9, 2003 - Sep 11, 2003
#12	-8.64% Dec 15, 2025 - Jan 21, 2026	-9.60% Sep 18, 2003 - Oct 14, 2003
#13	-6.77% Sep 10, 2003 - Feb 9, 2004	-9.38% Nov 3, 2003 - Dec 30, 2003
#14	-5.56% Sep 24, 2001 - Nov 7, 2001	-7.76% Dec 20, 2010 - Jan 14, 2011
#15	-5.10% Mar 19, 2021 - Mar 26, 2021	-7.76% Jan 23, 2002 - Feb 22, 2002

Correlation

Correlation between FMBH and BH is 0.25 which considered as a very weak or no correlation - the stocks move independently of each other.

0.25

-101

Dividend Comparison (2000 - 2026)

FMBH vs BH dividend yield comparison.

Year	FMBH	BH
2026	1.05%	0.00%
2025	2.51%	0.00%
2024	2.55%	0.00%
2023	2.65%	0.00%
2022	2.81%	0.00%
2021	1.99%	0.00%
2020	2.41%	0.00%
2019	2.16%	0.00%
2018	2.19%	0.00%
2017	1.71%	0.00%
2016	1.82%	0.00%
2015	2.27%	0.00%
2014	2.96%	0.00%
2013	2.09%	6.63%
2012	1.85%	0.00%
2011	2.17%	0.00%
2010	2.20%	0.00%
2009	2.17%	0.00%
2008	1.71%	0.00%
2007	1.80%	0.00%
2006	1.27%	0.00%
2005	1.23%	0.00%
2004	1.19%	0.00%
2003	1.40%	0.00%
2002	1.85%	1.00%
2001	0.81%	0.00%
2000	1.13%	0.00%