FMAO
Farmers & Merchants Bancorp, Inc.
FMAO has slightly lower modeled downside risk, despite its lower overall score.
SOFI
SoFi Technologies, Inc.
SOFI has the edge over FMAO overall, supported by stronger valuation and stronger modeled upside.
FMAO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
FMAO's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like FMAO.
SOFI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
SOFI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SOFI.
FMAO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $33.51 | -9.1% |
| Forward | 11x | $36.88 | — |
| Fair | 12x | $38.45 | +4.3% |
| Current | 12x | $36.88 | — |
| Expensive | 16x | $49.12 | +33% |
Historical ranges are pointers, not guarantees.
FMAO's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its cheap range.
SOFI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $15.63 | — |
| Current | 28x | $15.63 | — |
| Cheap | 33x | $18.24 | +17% |
| Fair | 43x | $23.82 | +52% |
| Expensive | 53x | $29.74 | +90% |
Historical ranges are pointers, not guarantees.
SOFI has the edge over FMAO in the historical PE scenario, which offers more potential upside but is not a forecast.
FMAO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FMAO, with profitability improving.
SOFI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for SOFI, with profitability improving.
FMAO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.35 | +7.8% |
| Q3 2026 | $3.11 | +34% |
| Q2 2026 | $2.91 | +35% |
| Q1 2026 | $2.61 | +29% |
| Q4 2025 | $2.42 | +27% |
| Q3 2025 | $2.32 | +36% |
| Q2 2025 | $2.16 | +38% |
| Q1 2025 | $2.02 | +27% |
| Q4 2024 | $1.90 | +14% |
FMAO has the edge over SOFI on earnings, with more consistent year-over-year improvement.
SOFI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.82 | +47% |
| Q3 2026 | $0.56 | 0% |
| Q2 2026 | $0.49 | -2% |
| Q1 2026 | $0.45 | +4.7% |
| Q4 2025 | $0.39 | 0% |
| Q3 2025 | $0.56 | +367% |
| Q2 2025 | $0.50 | +$0.72 |
| Q1 2025 | $0.43 | +$0.72 |
| Q4 2024 | $0.39 | +$0.75 |
SOFI earned $0.56 per share over the past year, about the same as the year before.
FMAO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $34.8M | +11% |
| Q2 2026 | $34.4M | +16% |
| Q1 2026 | $32.4M | +16% |
| Q4 2025 | $32.5M | +21% |
| Q3 2025 | $31.3M | +22% |
| Q2 2025 | $29.6M | +18% |
| Q1 2025 | $28.1M | +17% |
| Q4 2024 | $26.9M | +13% |
FMAO's revenue has grown year over year for 10 quarters in a row: $35M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 41% | +4.9 points |
| Q2 2026 | 43% | +10 points |
| Q1 2026 | 38% | +6.8 points |
| Q4 2025 | 40% | +0.4 points |
| Q3 2025 | 36% | +4.2 points |
| Q2 2025 | 33% | +4.1 points |
| Q1 2025 | 31% | +3 points |
| Q4 2024 | 39% | +10 points |
FMAO has the edge over SOFI on profitability, with a higher operating margin.
SOFI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +44% |
| Q2 2026 | $1.2B | +43% |
| Q1 2026 | $1.1B | +43% |
| Q4 2025 | $1B | +40% |
| Q3 2025 | $961.6M | +38% |
| Q2 2025 | $854.9M | +43% |
| Q1 2025 | $771.8M | +20% |
| Q4 2024 | $734.1M | +19% |
SOFI has the edge over FMAO on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +7.5 points |
| Q2 2026 | 17% | +3.6 points |
| Q1 2026 | 18% | +7.8 points |
| Q4 2025 | 18% | +9.9 points |
| Q3 2025 | 15% | +6.3 points |
| Q2 2025 | 13% | +11 points |
| Q1 2025 | 10% | -4.3 points |
| Q4 2024 | 8.2% | -0.2 points |
SOFI's operating margin was 23% last quarter, up 7.5 points from the same quarter a year ago, near the top of its range since 2021.
FMAO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $14.6M | +36% |
| Q2 2026 | $10.6M | +2651% |
| Q1 2026 | $7M | -34% |
| Q4 2025 | $13.2M | +604% |
| Q3 2025 | $10.7M | -41% |
| Q2 2025 | $385K | -96% |
| Q1 2025 | $10.6M | +740% |
| Q4 2024 | $1.9M | -78% |
FMAO has the edge over SOFI on cash generation, producing positive trailing cash flow while its opponent burns cash.
SOFI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.1B | -$1.7B |
| Q2 2026 | -$4B | -$2.5B |
| Q1 2026 | -$2.4B | -$2.4B |
| Q4 2025 | -$1.1B | -$815.2M |
| Q3 2025 | -$1.4B | -$149M |
| Q2 2025 | -$1.5B | -$1B |
| Q1 2025 | -$31.1M | -104% |
| Q4 2024 | -$242.4M | +$39.9M |
SOFI's free cash flow was −$10.5B over the past year, against −$3.2B the year before. Free cash flow isn't a meaningful measure for financial services companies like SOFI.
FMAO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +7.8K shares |
| 1 year | +0.3% | +41.6K shares |
| 3 years | +0.8% | +109K shares |
| 5 years | +22% | +2.5M shares |
| Available history | +22% | +2.5M shares |
FMAO has the edge over SOFI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.6M |
| Q2 2026 | $42,000 |
| Q1 2026 | $57,000 |
| Q4 2025 | $1,000 |
| Q3 2025 | $338,000 |
| Q2 2025 | — |
| Q1 2025 | $23,000 |
| Q4 2024 | — |
FMAO spent $2M buying back its own shares over the past year, about five times what it spent the year before.
SOFI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +5.8M shares |
| 1 year | +5.2% | +66.8M shares |
| 3 years | +43% | +407M shares |
| 5 years | +272% | +993M shares |
SOFI has 1.4B diluted shares, up 5.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
FMAO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 1.6x | Healthy |
| Q4 2025 | 4.5x | High |
| Q3 2025 | 2.3x | Moderate |
| Q2 2025 | 3.2x | Elevated |
| Q1 2025 | 2.7x | Moderate |
| Q4 2024 | 3.1x | Elevated |
FMAO has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like FMAO.
SOFI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.4x | Net Cash |
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -3.8x | Net Cash |
| Q4 2025 | -6.5x | Net Cash |
| Q3 2025 | -5.2x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q1 2025 | -4.9x | Net Cash |
| Q4 2024 | -5.8x | Net Cash |
SOFI has the edge over FMAO on leverage, with a lower net debt burden relative to earnings.
FMAO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 71.0 | Overbought |
| Stochastic | 74.3 | Neutral |
FMAO's weekly RSI is 71 (overbought) and its Stochastic is 74 (neutral).
SOFI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 41.5 | Neutral |
SOFI's weekly RSI is 43 (neutral) and its Stochastic is 41 (neutral).
FMAO PE vs Financial Services Sector
| Metric | FMAO | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 8.9% below |
| PE % | 39 | 63 | 24 pts below |
FMAO has the edge over SOFI on valuation relative to its sector.
SOFI PE vs Financial Services Sector
| Metric | SOFI | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 114% above |
| PE % | 2 | 61 | 59 pts below |
SOFI is trading at 28x earnings, a 114% premium to the Financial Services sector's median of 13x.
FMAO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $35.8 | 3% above |
| 20 week MA | $34.3 | 7.5% above |
| 50 week MA | $29.8 | 24% above |
| 100 week MA | $27.5 | 34% above |
| 200 week MA | $25.4 | 45% above |
FMAO has the edge over SOFI on trend strength, trading above more of its moving averages.
SOFI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.7 | 0.7% below |
| 20 week MA | $17.0 | 7.8% below |
| 50 week MA | $18.9 | 17% below |
| 100 week MA | $18.9 | 17% below |
| 200 week MA | $13.5 | 16% above |
SOFI has fallen below most of its moving averages, though it's still 16% above its 200-week average.
FMAO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.7 | $23.0 | -25% |
| 2021 | $23.0 | $31.7 | +38% |
| 2022 | $31.7 | $27.8 | -12% |
| 2023 | $27.8 | $24.8 | -11% |
| 2024 | $24.8 | $28.6 | +15% |
| 2025 | $28.6 | $26.1 | -8.6% |
| 2026 YTD | $26.1 | $36.9 | +41% |
FMAO has the edge over SOFI on returns for 2026, with the stronger performance.
SOFI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $12.4 | +19% |
| 2021 | $12.4 | $15.1 | +22% |
| 2022 | $15.1 | $4.61 | -69% |
| 2023 | $4.61 | $9.95 | +116% |
| 2024 | $9.95 | $16.0 | +61% |
| 2025 | $16.0 | $27.1 | +69% |
| 2026 YTD | $27.1 | $15.6 | -42% |
SOFI's yearly returns have swung widely, from +116% in 2023 to −69% in 2022. It's down 42% so far in 2026.