IBCP vs AHG

Comparison between Independent Bank Corporation (Ionia MI) (IBCP, Company) and Akso Health Group (AHG, Company).

IBCP is from the Financial Services sector, while AHG is from the Healthcare sector.

5-Year PerformanceIBCP has outperformed AHG, delivering a return of +17.1% compared to +1.6%

IBCP vs AHG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBCP(COMPANY)	AHG(COMPANY)
Market Cap	$741M	$739M
Max Drawdown	98.00%	99.40%
Sharpe Ratio	0.40	-0.04
5Y Beta	0.73	0.61
Industry	Banks - Regional	Medical Distribution
P/E Ratio	10.64	-5.48
Forward P/E	12.05	N/A
PEG Ratio	1.61	-0.01
Dividend Yield	2.90%	N/A
5Y Dividends CAGR	5.61%	N/A
5Y EPS CAGR	0.15%	-30.03%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	3.48%	0.14%
P/S Ratio	3.30	77.35
P/B Ratio	1.47	5.79

Market Cap

Winner

IBCP

$741M

AHG

$739M

Max Drawdown

Winner

IBCP

98.00%

AHG

99.40%

Sharpe Ratio

Winner

IBCP

0.40

AHG

-0.04

5Y Beta

IBCP

0.73

Winner

AHG

0.61

Industry

IBCP

Banks - Regional

AHG

Medical Distribution

P/E Ratio

IBCP

10.64

Winner

AHG

-5.48

Forward P/E

IBCP

12.05

AHG

N/A

PEG Ratio

IBCP

1.61

Winner

AHG

-0.01

Dividend Yield

IBCP

2.90%

AHG

N/A

5Y Dividends CAGR

IBCP

5.61%

AHG

N/A

5Y EPS CAGR

Winner

IBCP

0.15%

AHG

-30.03%

Debt to Equity

IBCP

0.00%

AHG

0.00%

Free Cash Flow Yield

Winner

IBCP

3.48%

AHG

0.14%

P/S Ratio

Winner

IBCP

3.30

AHG

77.35

P/B Ratio

Winner

IBCP

1.47

AHG

5.79

IBCP vs AHG - Historical Returns

Returns include dividend reinvestment.

Period	IBCP	AHG
1 month	+4.09%	+6.62%
3 months	+10.99%	-31.60%
6 months	+7.32%	-3.97%
1 year	+10.82%	-24.48%
5 years(CAGR)	+17.10%	+1.59%
10 years(CAGR)	+13.19%	-30.90%
Max(CAGR)	+7.60%	-8.93%

IBCP

+4.09%

Winner

AHG

+6.62%

Winner

IBCP

+10.99%

AHG

-31.60%

Winner

IBCP

+7.32%

AHG

-3.97%

Winner

IBCP

+10.82%

AHG

-24.48%

5Y(CAGR)

Winner

IBCP

+17.10%

AHG

+1.59%

10Y(CAGR)

Winner

IBCP

+13.19%

AHG

-30.90%

Max(CAGR)

Winner

IBCP

+7.60%

AHG

-8.93%

IBCP vs AHG - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	IBCP	AHG
2026	+15.71%	-9.38%
2025	-2.22%	+17.14%
2024	+39.94%	+20.35%
2023	+12.93%	+112.52%
2022	+2.86%	-78.29%
2021	+32.60%	-27.11%
2020	-14.28%	-6.97%
2019	+9.60%	-59.35%
2018	-5.62%	-76.81%
2017	+3.33%	-12.72%
2016	+51.39%	N/A
2015	+22.89%	N/A
2014	+8.49%	N/A
2013	+242.86%	N/A
2012	+157.68%	N/A
2011	-2.21%	N/A
2010	+78.08%	N/A
2009	-67.38%	+33.93%
2008	-75.62%	-79.18%
2007	-60.53%	-16.83%
2006	-7.84%	+0.00%
2005	+0.96%	N/A
2004	+6.99%	N/A
2003	+57.58%	N/A
2002	+11.75%	N/A
2001	+54.45%	N/A

IBCP vs AHG Drawdown Comparison

The maximum drawdown for IBCP was -97.75%, occurring on Dec 1, 2009. Recovery took 3117 trading sessions.

The maximum drawdown for AHG was -99.38%, occurring on Jul 27, 2023. This drawdown has not yet recovered.

The current IBCP drawdown is -2.91%. The current AHG drawdown is -96.39%.

Rank	IBCP	AHG
#1	-97.75% Dec 1, 2005 - Apr 23, 2018	-99.38% Nov 16, 2017 - Jul 27, 2023
#2	-61.76% Jun 8, 2018 - Mar 12, 2021	-91.38% May 21, 2007 - Nov 3, 2017
#3	-36.44% Dec 1, 2022 - Dec 13, 2023	-13.85% Mar 6, 2007 - May 21, 2007
#4	-29.16% Jan 14, 2022 - Dec 1, 2022	-13.51% Nov 3, 2017 - Nov 15, 2017
#5	-27.46% Nov 11, 2024 - Jul 16, 2026	-13.33% Dec 28, 2006 - Mar 6, 2007
#6	-20.87% Dec 11, 2003 - Nov 29, 2004	N/A
#7	-18.51% Apr 12, 2021 - Nov 5, 2021	N/A
#8	-18.26% Aug 22, 2001 - Dec 11, 2001	N/A
#9	-17.08% Jun 14, 2002 - Aug 26, 2002	N/A
#10	-13.78% Mar 7, 2005 - Jul 28, 2005	N/A
#11	-13.47% Jan 30, 2024 - Jun 28, 2024	N/A
#12	-12.84% Oct 1, 2002 - Apr 22, 2003	N/A
#13	-12.05% May 31, 2001 - Jul 16, 2001	N/A
#14	-11.89% Jun 4, 2003 - Jul 2, 2003	N/A
#15	-11.09% Sep 19, 2024 - Nov 6, 2024	N/A

Correlation

Correlation between IBCP and AHG is -0.08 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.08

-101

Dividend Comparison (2001 - 2026)

IBCP vs AHG dividend yield comparison.

Year	IBCP	AHG
2026	1.53%	0.00%
2025	3.20%	0.00%
2024	2.76%	0.00%
2023	3.54%	0.00%
2022	3.68%	0.00%
2021	3.52%	0.00%
2020	4.33%	0.00%
2019	3.18%	0.00%
2018	2.85%	16.00%
2017	1.88%	0.00%
2016	1.57%	0.00%
2015	1.71%	0.00%
2014	1.38%	0.00%
2009	4.17%	0.00%
2008	15.74%	0.00%
2007	8.74%	0.00%
2005	2.62%	0.00%
2004	1.64%	0.00%
2003	2.52%	0.00%
2002	2.38%	0.00%
2001	2.18%	0.00%