FRME vs ESTA

Comparison between First Merchants Corp (FRME, Company) and Establishment Labs Holdings Inc (ESTA, Company).

FRME is from the Financial Services sector, while ESTA is from the Healthcare sector.

5-Year PerformanceFRME has outperformed ESTA, delivering a return of +4.9% compared to +3.1%

FRME vs ESTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRME(COMPANY)	ESTA(COMPANY)
Market Cap	$2.70B	$2.70B
Max Drawdown	82.97%	75.42%
Sharpe Ratio	0.57	1.59
5Y Beta	0.83	1.84
Industry	Banks - Regional	Medical Devices
P/E Ratio	13.16	-61.25
Forward P/E	11.07	N/A
PEG Ratio	1.40	N/A
Dividend Yield	3.35%	N/A
5Y Dividends CAGR	11.09%	N/A
5Y EPS CAGR	2.63%	5.23%
Debt to Equity	0.00%	1681.61%
Free Cash Flow Yield	10.37%	-1.54%
P/S Ratio	4.19	11.78
P/B Ratio	1.01	182.78

Market Cap

Winner

FRME

$2.70B

ESTA

$2.70B

Max Drawdown

FRME

82.97%

Winner

ESTA

75.42%

Sharpe Ratio

FRME

0.57

Winner

ESTA

1.59

5Y Beta

Winner

FRME

0.83

ESTA

1.84

Industry

FRME

Banks - Regional

ESTA

Medical Devices

P/E Ratio

FRME

13.16

Winner

ESTA

-61.25

Forward P/E

FRME

11.07

ESTA

N/A

PEG Ratio

FRME

1.40

ESTA

N/A

Dividend Yield

FRME

3.35%

ESTA

N/A

5Y Dividends CAGR

FRME

11.09%

ESTA

N/A

5Y EPS CAGR

FRME

2.63%

Winner

ESTA

5.23%

Debt to Equity

Winner

FRME

0.00%

ESTA

1681.61%

Free Cash Flow Yield

Winner

FRME

10.37%

ESTA

-1.54%

P/S Ratio

Winner

FRME

4.19

ESTA

11.78

P/B Ratio

Winner

FRME

1.01

ESTA

182.78

FRME vs ESTA - Historical Returns

Returns include dividend reinvestment.

Period	FRME	ESTA
1 month	-2.60%	+3.71%
3 months	+7.72%	+31.77%
6 months	+10.56%	+35.79%
1 year	+17.45%	+120.57%
5 years(CAGR)	+4.88%	+3.14%
10 years(CAGR)	+8.33%	+17.84%
Max(CAGR)	+5.71%	+17.84%

FRME

-2.60%

Winner

ESTA

+3.71%

FRME

+7.72%

Winner

ESTA

+31.77%

FRME

+10.56%

Winner

ESTA

+35.79%

FRME

+17.45%

Winner

ESTA

+120.57%

5Y(CAGR)

Winner

FRME

+4.88%

ESTA

+3.14%

10Y(CAGR)

FRME

+8.33%

Winner

ESTA

+17.84%

Max(CAGR)

FRME

+5.71%

Winner

ESTA

+17.84%

FRME vs ESTA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FRME	ESTA
2026	+17.22%	+34.43%
2025	-0.56%	+60.95%
2024	+11.60%	+73.26%
2023	-5.59%	-58.72%
2022	-0.52%	-3.88%
2021	+16.24%	+87.75%
2020	-6.26%	+35.69%
2019	+23.42%	-1.21%
2018	-16.61%	+10.79%
2017	+13.47%	N/A
2016	+56.22%	N/A
2015	+15.93%	N/A
2014	+4.66%	N/A
2013	+51.03%	N/A
2012	+72.11%	N/A
2011	-7.18%	N/A
2010	+55.43%	N/A
2009	-72.43%	N/A
2008	+12.42%	N/A
2007	-16.61%	N/A
2006	+6.86%	N/A
2005	-4.33%	N/A
2004	+15.01%	N/A
2003	+13.82%	N/A
2002	+4.79%	N/A
2001	+23.79%	N/A
2000	-11.37%	N/A
1999	+12.61%	N/A

FRME vs ESTA Drawdown Comparison

The maximum drawdown for FRME was -81.34%, occurring on Dec 17, 2009. Recovery took 1820 trading sessions.

The maximum drawdown for ESTA was -75.42%, occurring on Nov 10, 2023. Recovery took 1250 trading sessions.

The current FRME drawdown is -4.62%. The current ESTA drawdown is -3.25%.

Rank	FRME	ESTA
#1	-81.34% Apr 18, 2008 - Jul 13, 2015	-75.42% Jul 1, 2021 - Jun 25, 2026
#2	-53.02% Aug 21, 2018 - Mar 5, 2021	-73.91% Jan 9, 2020 - Dec 4, 2020
#3	-47.28% Mar 12, 2021 - Nov 11, 2024	-38.73% Mar 20, 2019 - Jan 3, 2020
#4	-34.23% Nov 18, 1999 - Mar 19, 2002	-25.35% Sep 4, 2018 - Mar 20, 2019
#5	-33.11% Dec 27, 2006 - Jan 31, 2008	-23.33% Feb 23, 2021 - Apr 23, 2021
#6	-23.94% Feb 6, 2025 - Jun 25, 2026	-13.68% Apr 27, 2021 - May 24, 2021
#7	-22.85% Jun 28, 2002 - Sep 16, 2003	-8.56% Jul 23, 2018 - Aug 13, 2018
#8	-21.64% Nov 24, 2015 - Aug 5, 2016	-8.19% Aug 13, 2018 - Aug 30, 2018
#9	-19.24% Dec 28, 2004 - Dec 13, 2006	-6.74% Jan 19, 2021 - Jan 22, 2021
#10	-15.88% Sep 16, 2003 - Nov 23, 2004	-6.40% May 28, 2021 - Jun 16, 2021
#11	-14.84% Nov 25, 2024 - Feb 5, 2025	-6.29% Jan 25, 2021 - Feb 4, 2021
#12	-12.48% Jun 4, 2002 - Jun 28, 2002	-5.43% Jul 6, 2026 - Jul 16, 2026
#13	-12.16% Apr 12, 2002 - Jun 4, 2002	-4.76% Jul 21, 2026 - Jul 23, 2026
#14	-11.82% Jun 14, 2017 - Sep 27, 2017	-4.36% Dec 31, 2020 - Jan 6, 2021
#15	-11.55% Feb 16, 2017 - Apr 26, 2017	-4.19% Jun 17, 2021 - Jun 23, 2021