35.11 USD
-1.32 (-3.62%)
35.11 USD
0 (0%)
Overall MBIN gets a fundamental rating of 4 out of 10. We evaluated MBIN against 99 industry peers in the Financial Services industry. MBIN may be in some trouble as it scores bad on both profitability and health. MBIN has a decent growth rate and is not valued too expensively. MBIN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
MBIN had positive earnings in the past year.
In the past year MBIN had a positive cash flow from operations.
Each year in the past 5 years MBIN has been profitable.
MBIN had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
MBIN has a Return On Assets (1.03%) which is in line with its industry peers.
With a Return On Equity value of 8.98%, MBIN perfoms like the industry average, outperforming 49.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 8.98% | ||
| ROIC | N/A |
ROA(3y)1.5%
ROA(5y)1.61%
ROE(3y)13.43%
ROE(5y)15.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 28.95%, MBIN belongs to the top of the industry, outperforming 83.84% of the companies in the same industry.
In the last couple of years the Profit Margin of MBIN has remained more or less at the same level.
MBIN does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 28.95% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.71%
PM growth 5Y1.01%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MBIN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MBIN has been increased compared to 1 year ago.
MBIN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MBIN has remained at the same level compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of MBIN is 6.58, which is on the high side as it means it would take MBIN, 6.58 years of fcf income to pay off all of its debts.
MBIN has a Debt to FCF ratio (6.58) which is in line with its industry peers.
MBIN has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.07, MBIN is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.58 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.67%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MBIN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.16%.
The Earnings Per Share has been growing by 31.91% on average over the past years. This is a very strong growth
MBIN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.52%.
MBIN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.68% yearly.
EPS 1Y (TTM)-26.16%
EPS 3Y9.85%
EPS 5Y31.91%
EPS Q2Q%-17.09%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.5%
Revenue growth 5Y31.68%
Sales Q2Q%19.91%
3.2 Future
Based on estimates for the next years, MBIN will show a decrease in Earnings Per Share. The EPS will decrease by -4.17% on average per year.
Based on estimates for the next years, MBIN will show a small growth in Revenue. The Revenue will grow by 6.41% on average per year.
EPS Next Y-44.43%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
EPS Next 5YN/A
Revenue Next Year5.37%
Revenue Next 2Y7.07%
Revenue Next 3Y6.41%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.87, the valuation of MBIN can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of MBIN indicates a rather cheap valuation: MBIN is cheaper than 80.81% of the companies listed in the same industry.
MBIN is valuated cheaply when we compare the Price/Earnings ratio to 26.39, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.95, which indicates a rather cheap valuation of MBIN.
MBIN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MBIN is cheaper than 77.78% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MBIN to the average of the S&P500 Index (23.84), we can say MBIN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.87 | ||
| Fwd PE | 6.95 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MBIN is valued a bit more expensive than the industry average as 62.63% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.53 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MBIN's earnings are expected to decrease with -4.17% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.25
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.97%, MBIN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.43, MBIN pays a better dividend. On top of this MBIN pays more dividend than 89.90% of the companies listed in the same industry.
MBIN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.97% |
5.2 History
The dividend of MBIN is nicely growing with an annual growth rate of 13.84%!
MBIN has been paying a dividend for over 5 years, so it has already some track record.
MBIN has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)13.84%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
29.82% of the earnings are spent on dividend by MBIN. This is a low number and sustainable payout ratio.
DP29.82%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
35.11
-1.32 (-3.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners35.33%
Inst Owner Change-62.72%
Ins Owners40.2%
Ins Owner Change-0.6%
Market Cap1.61B
Revenue(TTM)689.93M
Net Income(TTM)199.75M
Analysts80
Price Target42.16 (20.08%)
Short Float %7.24%
Short Ratio10.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.97% |
Yearly Dividend1.15
Dividend Growth(5Y)13.84%
DP29.82%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.5%
Min EPS beat(2)-47.48%
Max EPS beat(2)20.48%
EPS beat(4)2
Avg EPS beat(4)-1.35%
Min EPS beat(4)-47.48%
Max EPS beat(4)40.24%
EPS beat(8)4
Avg EPS beat(8)0.66%
EPS beat(12)7
Avg EPS beat(12)2.53%
EPS beat(16)9
Avg EPS beat(16)3.68%
Revenue beat(2)1
Avg Revenue beat(2)-2.25%
Min Revenue beat(2)-6.84%
Max Revenue beat(2)2.33%
Revenue beat(4)2
Avg Revenue beat(4)0%
Min Revenue beat(4)-15.12%
Max Revenue beat(4)19.63%
Revenue beat(8)4
Avg Revenue beat(8)0.46%
Revenue beat(12)7
Avg Revenue beat(12)1.66%
Revenue beat(16)9
Avg Revenue beat(16)2.78%
PT rev (1m)3.33%
PT rev (3m)7.83%
EPS NQ rev (1m)-7.85%
EPS NQ rev (3m)-11.08%
EPS NY rev (1m)0%
EPS NY rev (3m)5.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.01%
Revenue NY rev (1m)1.05%
Revenue NY rev (3m)1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.87 | ||
| Fwd PE | 6.95 | ||
| P/S | 2.34 | ||
| P/FCF | 68.53 | ||
| P/OCF | 34.54 | ||
| P/B | 0.72 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.46
EY12.7%
EPS(NY)5.05
Fwd EY14.38%
FCF(TTM)0.51
FCFY1.46%
OCF(TTM)1.02
OCFY2.9%
SpS15.03
BVpS48.49
TBVpS43.68
PEG (NY)N/A
PEG (5Y)0.25
Graham Number69.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 8.98% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 28.95% | ||
| GM | N/A | ||
| FCFM | 3.41% |
ROA(3y)1.5%
ROA(5y)1.61%
ROE(3y)13.43%
ROE(5y)15.73%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.71%
PM growth 5Y1.01%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.58 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 754.94% | ||
| Cap/Sales | 3.35% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 11.77% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC17.67%
ROIC/WACCN/A
Cap/Depr(3y)409.66%
Cap/Depr(5y)317.29%
Cap/Sales(3y)2.02%
Cap/Sales(5y)1.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.16%
EPS 3Y9.85%
EPS 5Y31.91%
EPS Q2Q%-17.09%
EPS Next Y-44.43%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
EPS Next 5YN/A
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.5%
Revenue growth 5Y31.68%
Sales Q2Q%19.91%
Revenue Next Year5.37%
Revenue Next 2Y7.07%
Revenue Next 3Y6.41%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y101.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y102.42%
OCF growth 3YN/A
OCF growth 5YN/A
MERCHANTS BANCORP/IN / MBIN FAQ
What is the fundamental rating for MBIN stock?
ChartMill assigns a fundamental rating of 4 / 10 to MBIN.
What is the valuation status of MERCHANTS BANCORP/IN (MBIN) stock?
ChartMill assigns a valuation rating of 5 / 10 to MERCHANTS BANCORP/IN (MBIN). This can be considered as Fairly Valued.
How profitable is MERCHANTS BANCORP/IN (MBIN) stock?
MERCHANTS BANCORP/IN (MBIN) has a profitability rating of 3 / 10.
What is the financial health of MERCHANTS BANCORP/IN (MBIN) stock?
The financial health rating of MERCHANTS BANCORP/IN (MBIN) is 2 / 10.
What is the expected EPS growth for MERCHANTS BANCORP/IN (MBIN) stock?
The Earnings per Share (EPS) of MERCHANTS BANCORP/IN (MBIN) is expected to decline by -44.43% in the next year.