FRMEP vs ULCC

Comparison between First Merchants Corp (FRMEP, Company) and Frontier Group Holdings Inc (ULCC, Company).

FRMEP is from the Financial Services sector, while ULCC is from the Industrials sector.

FRMEP vs ULCC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRMEP(COMPANY)	ULCC(COMPANY)
Market Cap	$1.51B	$1.37B
Max Drawdown	16.61%	87.04%
Sharpe Ratio	0.64	0.67
5Y Beta	-0.01	2.28
Industry	Banks - Regional	Airlines
P/E Ratio	6.50	-3.73
Forward P/E	N/A	13.95
PEG Ratio	0.20	N/A
Dividend Yield	5.62%	N/A
5Y EPS CAGR	7.78%	4.83%
Debt to Equity	0.00%	262.61%
Free Cash Flow Yield	17.96%	-29.19%
P/S Ratio	N/A	0.36
P/B Ratio	N/A	6.36

Market Cap

Winner

FRMEP

$1.51B

ULCC

$1.37B

Max Drawdown

Winner

FRMEP

16.61%

ULCC

87.04%

Sharpe Ratio

FRMEP

0.64

Winner

ULCC

0.67

5Y Beta

Winner

FRMEP

-0.01

ULCC

2.28

Industry

FRMEP

Banks - Regional

ULCC

Airlines

P/E Ratio

FRMEP

6.50

Winner

ULCC

-3.73

Forward P/E

FRMEP

N/A

ULCC

13.95

PEG Ratio

FRMEP

0.20

ULCC

N/A

Dividend Yield

FRMEP

5.62%

ULCC

N/A

5Y EPS CAGR

Winner

FRMEP

7.78%

ULCC

4.83%

Debt to Equity

Winner

FRMEP

0.00%

ULCC

262.61%

Free Cash Flow Yield

Winner

FRMEP

17.96%

ULCC

-29.19%

P/S Ratio

FRMEP

N/A

ULCC

0.36

P/B Ratio

FRMEP

N/A

ULCC

6.36

FRMEP vs ULCC - Historical Returns

Returns include dividend reinvestment.

Period	FRMEP	ULCC
1 month	+0.93%	-21.80%
3 months	+1.81%	+47.46%
6 months	+4.71%	+10.88%
1 year	+9.75%	+32.95%
5 years(CAGR)	+7.21%	-17.27%
Max(CAGR)	+7.21%	-19.88%

Winner

FRMEP

+0.93%

ULCC

-21.80%

FRMEP

+1.81%

Winner

ULCC

+47.46%

FRMEP

+4.71%

Winner

ULCC

+10.88%

FRMEP

+9.75%

Winner

ULCC

+32.95%

5Y(CAGR)

Winner

FRMEP

+7.21%

ULCC

-17.27%

Max(CAGR)

Winner

FRMEP

+7.21%

ULCC

-19.88%

FRMEP vs ULCC - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FRMEP	ULCC
2026	+4.75%	+27.13%
2025	+8.01%	-34.85%
2024	+10.36%	+33.90%
2023	+4.23%	-45.94%
2022	+2.51%	-27.21%
2021	N/A	-28.01%

FRMEP vs ULCC Drawdown Comparison

The maximum drawdown for FRMEP was -11.86%, occurring on May 8, 2023. Recovery took 347 trading sessions.

The maximum drawdown for ULCC was -87.04%, occurring on Aug 12, 2024. This drawdown has not yet recovered.

The current ULCC drawdown is -73.48%.

Rank	FRMEP	ULCC
#1	-11.86% Aug 15, 2022 - Jan 2, 2024	-87.04% Jun 1, 2021 - Aug 12, 2024
#2	-5.30% Apr 28, 2022 - Aug 1, 2022	-12.21% Apr 9, 2021 - Jun 1, 2021
#3	-4.63% Jan 21, 2026 - Jul 23, 2026	N/A
#4	-4.48% Feb 18, 2025 - Feb 28, 2025	N/A
#5	-4.12% Jan 31, 2024 - May 7, 2024	N/A
#6	-3.24% May 16, 2024 - Jul 26, 2024	N/A
#7	-3.01% Nov 17, 2025 - Jan 13, 2026	N/A
#8	-2.92% Jan 29, 2024 - Jan 31, 2024	N/A
#9	-2.89% May 12, 2025 - Aug 19, 2025	N/A
#10	-2.84% Nov 1, 2024 - Jan 31, 2025	N/A
#11	-2.54% Feb 28, 2025 - Apr 28, 2025	N/A
#12	-2.25% Oct 16, 2025 - Oct 31, 2025	N/A
#13	-2.19% Jan 3, 2024 - Jan 12, 2024	N/A
#14	-1.98% Apr 30, 2025 - May 12, 2025	N/A
#15	-1.94% Jan 12, 2024 - Jan 22, 2024	N/A

Correlation

Correlation between FRMEP and ULCC is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

-101