SA vs FRME

Comparison between Seabridge Gold Inc (SA, Company) and First Merchants Corp (FRME, Company).

SA is from the Basic Materials sector, while FRME is from the Financial Services sector.

5-Year PerformanceSA has outperformed FRME, delivering a return of +7.3% compared to +4.9%

SA vs FRME - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SA(COMPANY)	FRME(COMPANY)
Market Cap	$2.70B	$2.70B
Max Drawdown	90.99%	82.97%
Sharpe Ratio	1.07	0.57
5Y Beta	1.20	0.83
Industry	Gold	Banks - Regional
P/E Ratio	-51.80	13.16
Forward P/E	6.12	11.07
PEG Ratio	-0.12	1.40
Dividend Yield	N/A	3.35%
5Y Dividends CAGR	N/A	11.09%
5Y EPS CAGR	23.16%	2.63%
Debt to Equity	46.48%	0.00%
Free Cash Flow Yield	-4.37%	10.37%
P/S Ratio	N/A	4.19
P/B Ratio	3.15	1.01

Market Cap

Winner

$2.70B

FRME

$2.70B

Max Drawdown

90.99%

Winner

FRME

82.97%

Sharpe Ratio

Winner

1.07

FRME

0.57

5Y Beta

1.20

Winner

FRME

0.83

Industry

Gold

FRME

Banks - Regional

P/E Ratio

Winner

-51.80

FRME

13.16

Forward P/E

Winner

6.12

FRME

11.07

PEG Ratio

Winner

-0.12

FRME

1.40

Dividend Yield

N/A

FRME

3.35%

5Y Dividends CAGR

N/A

FRME

11.09%

5Y EPS CAGR

Winner

23.16%

FRME

2.63%

Debt to Equity

46.48%

Winner

FRME

0.00%

Free Cash Flow Yield

-4.37%

Winner

FRME

10.37%

P/S Ratio

N/A

FRME

4.19

P/B Ratio

3.15

Winner

FRME

1.01

SA vs FRME - Historical Returns

Returns include dividend reinvestment.

Period	SA	FRME
1 month	-1.15%	-2.60%
3 months	-8.05%	+7.72%
6 months	-8.67%	+10.56%
1 year	+68.47%	+17.45%
5 years(CAGR)	+7.34%	+4.88%
10 years(CAGR)	+6.76%	+8.33%
Max(CAGR)	+9.45%	+5.71%

Winner

-1.15%

FRME

-2.60%

-8.05%

Winner

FRME

+7.72%

-8.67%

Winner

FRME

+10.56%

Winner

+68.47%

FRME

+17.45%

5Y(CAGR)

Winner

+7.34%

FRME

+4.88%

10Y(CAGR)

+6.76%

Winner

FRME

+8.33%

Max(CAGR)

Winner

+9.45%

FRME

+5.71%

SA vs FRME - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SA	FRME
2026	-13.48%	+17.22%
2025	+145.76%	-0.56%
2024	-3.88%	+11.60%
2023	-4.71%	-5.59%
2022	-21.91%	-0.52%
2021	-26.12%	+16.24%
2020	+53.01%	-6.26%
2019	+3.21%	+23.42%
2018	+16.05%	-16.61%
2017	+30.64%	+13.47%
2016	-7.39%	+56.22%
2015	+6.83%	+15.93%
2014	-7.70%	+4.66%
2013	-60.24%	+51.03%
2012	+5.27%	+72.11%
2011	-46.87%	-7.18%
2010	+21.22%	+55.43%
2009	+86.55%	-72.43%
2008	-58.18%	+12.42%
2007	+128.22%	-16.61%
2006	+44.67%	+6.86%
2005	+167.81%	-4.33%
2004	+5.22%	+15.01%
2003	N/A	+13.82%
2002	N/A	+4.79%
2001	N/A	+23.79%
2000	N/A	-11.37%
1999	N/A	+12.61%

SA vs FRME Drawdown Comparison

The maximum drawdown for SA was -90.99%, occurring on Jul 23, 2015. Recovery took 4621 trading sessions.

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

The current SA drawdown is -34.41%. The current FRME drawdown is -4.62%.

Rank	SA	FRME
#1	-90.99% Oct 15, 2007 - Feb 27, 2026	-81.34% Apr 18, 2008 - Jul 13, 2015
#2	-54.09% Nov 17, 2004 - Sep 14, 2005	-53.02% Aug 21, 2018 - Mar 5, 2021
#3	-37.92% Feb 27, 2026 - Mar 20, 2026	-47.28% Mar 12, 2021 - Nov 11, 2024
#4	-36.52% Apr 20, 2004 - Oct 5, 2004	-34.23% Nov 18, 1999 - Mar 19, 2002
#5	-34.15% Aug 13, 2007 - Oct 12, 2007	-33.11% Dec 27, 2006 - Jan 31, 2008
#6	-33.98% Dec 28, 2005 - Apr 25, 2006	-23.94% Feb 6, 2025 - Jun 25, 2026
#7	-29.69% Sep 5, 2006 - Feb 20, 2007	-22.85% Jun 28, 2002 - Sep 16, 2003
#8	-24.96% May 10, 2006 - Jul 3, 2006	-21.64% Nov 24, 2015 - Aug 5, 2016
#9	-23.31% Oct 10, 2005 - Nov 18, 2005	-19.24% Dec 28, 2004 - Dec 13, 2006
#10	-19.41% Apr 16, 2007 - Jun 18, 2007	-15.88% Sep 16, 2003 - Nov 23, 2004
#11	-16.86% Feb 26, 2007 - Apr 13, 2007	-14.84% Nov 25, 2024 - Feb 5, 2025
#12	-14.25% Oct 11, 2004 - Nov 4, 2004	-12.48% Jun 4, 2002 - Jun 28, 2002
#13	-13.94% Jul 11, 2006 - Jul 31, 2006	-12.16% Apr 12, 2002 - Jun 4, 2002
#14	-13.90% Aug 2, 2006 - Aug 31, 2006	-11.82% Jun 14, 2017 - Sep 27, 2017
#15	-10.89% Nov 28, 2005 - Dec 9, 2005	-11.55% Feb 16, 2017 - Apr 26, 2017