MIDCAP FINANCIAL INVESTMENT (MFIC) Stock Fundamental Analysis
NASDAQ:MFIC - Nasdaq - US03761U5020 - Common Stock - Currency: USD
MFIC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 233 industry peers in the Capital Markets industry. MFIC scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. MFIC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MFIC had positive earnings in the past year.
In the past year MFIC has reported a negative cash flow from operations.
MFIC had positive earnings in 4 of the past 5 years.
In multiple years MFIC reported negative operating cash flow during the last 5 years.
1.2 Ratios
MFIC has a Return On Assets (3.09%) which is in line with its industry peers.
With a Return On Equity value of 7.44%, MFIC perfoms like the industry average, outperforming 48.50% of the companies in the same industry.
MFIC's Return On Invested Capital of 3.30% is on the low side compared to the rest of the industry. MFIC is outperformed by 61.80% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MFIC is below the industry average of 7.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 7.44% | ||
| ROIC | 3.3% |
ROA(3y)3.67%
ROA(5y)2.27%
ROE(3y)9.02%
ROE(5y)5.3%
ROIC(3y)3.33%
ROIC(5y)3.5%
1.3 Margins
With a decent Profit Margin value of 33.21%, MFIC is doing good in the industry, outperforming 77.68% of the companies in the same industry.
MFIC's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 44.54%, MFIC is doing good in the industry, outperforming 78.11% of the companies in the same industry.
MFIC's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 47.68%, MFIC is in line with its industry, outperforming 50.64% of the companies in the same industry.
MFIC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.54% | ||
| PM (TTM) | 33.21% | ||
| GM | 47.68% |
OM growth 3Y-4.53%
OM growth 5Y-2.47%
PM growth 3Y-14.09%
PM growth 5Y3.04%
GM growth 3Y-5.92%
GM growth 5Y-3.38%
2. Health
2.1 Basic Checks
The number of shares outstanding for MFIC has been increased compared to 1 year ago.
The number of shares outstanding for MFIC has been increased compared to 5 years ago.
The debt/assets ratio for MFIC has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.11, we must say that MFIC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.11, MFIC is doing worse than 75.54% of the companies in the same industry.
MFIC has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.39, MFIC is not doing good in the industry: 66.95% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.11 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MFIC has a Current Ratio of 4.92. This indicates that MFIC is financially healthy and has no problem in meeting its short term obligations.
MFIC's Current ratio of 4.92 is amongst the best of the industry. MFIC outperforms 85.41% of its industry peers.
MFIC has a Quick Ratio of 4.92. This indicates that MFIC is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 4.92, MFIC belongs to the top of the industry, outperforming 85.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.92 | ||
| Quick Ratio | 4.92 |
3. Growth
3.1 Past
MFIC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.21%.
Measured over the past years, MFIC shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.01% on average per year.
Looking at the last year, MFIC shows a quite strong growth in Revenue. The Revenue has grown by 12.66% in the last year.
The Revenue has been growing slightly by 3.42% on average over the past years.
EPS 1Y (TTM)-6.21%
EPS 3Y0.98%
EPS 5Y-1.01%
EPS Q2Q%-15.91%
Revenue 1Y (TTM)12.66%
Revenue growth 3Y11.67%
Revenue growth 5Y3.42%
Sales Q2Q%15.17%
3.2 Future
Based on estimates for the next years, MFIC will show a decrease in Earnings Per Share. The EPS will decrease by -3.59% on average per year.
Based on estimates for the next years, MFIC will show a small growth in Revenue. The Revenue will grow by 0.98% on average per year.
EPS Next Y-11.63%
EPS Next 2Y-5.99%
EPS Next 3Y-3.59%
EPS Next 5YN/A
Revenue Next Year6.04%
Revenue Next 2Y3.08%
Revenue Next 3Y0.98%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.93 indicates a rather cheap valuation of MFIC.
Compared to the rest of the industry, the Price/Earnings ratio of MFIC indicates a rather cheap valuation: MFIC is cheaper than 85.41% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. MFIC is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.61 indicates a reasonable valuation of MFIC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MFIC indicates a rather cheap valuation: MFIC is cheaper than 84.55% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, MFIC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.93 | ||
| Fwd PE | 8.61 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MFIC's earnings are expected to decrease with -3.59% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.99%
EPS Next 3Y-3.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.64%, MFIC is a good candidate for dividend investing.
MFIC's Dividend Yield is a higher than the industry average which is at 8.10.
Compared to an average S&P500 Dividend Yield of 2.37, MFIC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.64% |
5.2 History
The dividend of MFIC decreases each year by -0.67%.
MFIC has paid a dividend for at least 10 years, which is a reliable track record.
MFIC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.67%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
145.15% of the earnings are spent on dividend by MFIC. This is not a sustainable payout ratio.
The Dividend Rate of MFIC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP145.15%
EPS Next 2Y-5.99%
EPS Next 3Y-3.59%
13.16
+0.14 (+1.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners31.28%
Inst Owner ChangeN/A
Ins Owners0.8%
Ins Owner Change0.32%
Market Cap1.23B
Analysts77.33
Price Target14.35 (9.04%)
Short Float %0.84%
Short Ratio2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.64% |
Yearly Dividend1.76
Dividend Growth(5Y)-0.67%
DP145.15%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.8%
Min EPS beat(2)-5.37%
Max EPS beat(2)-2.23%
EPS beat(4)2
Avg EPS beat(4)-0.91%
Min EPS beat(4)-5.37%
Max EPS beat(4)2.17%
EPS beat(8)3
Avg EPS beat(8)-0.62%
EPS beat(12)6
Avg EPS beat(12)1.16%
EPS beat(16)8
Avg EPS beat(16)0.98%
Revenue beat(2)0
Avg Revenue beat(2)-7.48%
Min Revenue beat(2)-7.81%
Max Revenue beat(2)-7.14%
Revenue beat(4)0
Avg Revenue beat(4)-8.65%
Min Revenue beat(4)-13.35%
Max Revenue beat(4)-6.31%
Revenue beat(8)1
Avg Revenue beat(8)-4.49%
Revenue beat(12)5
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-1.17%
PT rev (1m)-0.38%
PT rev (3m)-0.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.15%
EPS NY rev (1m)-2.18%
EPS NY rev (3m)-3.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.93 | ||
| Fwd PE | 8.61 | ||
| P/S | 3.93 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.66
EY12.61%
EPS(NY)1.53
Fwd EY11.62%
FCF(TTM)-1.61
FCFYN/A
OCF(TTM)-1.61
OCFYN/A
SpS3.35
BVpS14.93
TBVpS14.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 7.44% | ||
| ROCE | 4.17% | ||
| ROIC | 3.3% | ||
| ROICexc | 3.38% | ||
| ROICexgc | 3.38% | ||
| OM | 44.54% | ||
| PM (TTM) | 33.21% | ||
| GM | 47.68% | ||
| FCFM | N/A |
ROA(3y)3.67%
ROA(5y)2.27%
ROE(3y)9.02%
ROE(5y)5.3%
ROIC(3y)3.33%
ROIC(5y)3.5%
ROICexc(3y)3.42%
ROICexc(5y)3.58%
ROICexgc(3y)3.43%
ROICexgc(5y)3.59%
ROCE(3y)4.22%
ROCE(5y)4.43%
ROICexcg growth 3Y-1.22%
ROICexcg growth 5Y-4.03%
ROICexc growth 3Y-1.18%
ROICexc growth 5Y-4%
OM growth 3Y-4.53%
OM growth 5Y-2.47%
PM growth 3Y-14.09%
PM growth 5Y3.04%
GM growth 3Y-5.92%
GM growth 5Y-3.38%
F-Score3
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.18 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.92 | ||
| Quick Ratio | 4.92 | ||
| Altman-Z | 0.11 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.21%
EPS 3Y0.98%
EPS 5Y-1.01%
EPS Q2Q%-15.91%
EPS Next Y-11.63%
EPS Next 2Y-5.99%
EPS Next 3Y-3.59%
EPS Next 5YN/A
Revenue 1Y (TTM)12.66%
Revenue growth 3Y11.67%
Revenue growth 5Y3.42%
Sales Q2Q%15.17%
Revenue Next Year6.04%
Revenue Next 2Y3.08%
Revenue Next 3Y0.98%
Revenue Next 5YN/A
EBIT growth 1Y20.78%
EBIT growth 3Y6.61%
EBIT growth 5Y0.86%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-172.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-172.57%
OCF growth 3YN/A
OCF growth 5YN/A