MIDCAP FINANCIAL INVESTMENT (MFIC) Stock Fundamental Analysis
NASDAQ:MFIC - Nasdaq - US03761U5020 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to MFIC. MFIC was compared to 225 industry peers in the Capital Markets industry. Both the profitability and the financial health of MFIC get a neutral evaluation. Nothing too spectacular is happening here. MFIC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MFIC was profitable.
In the past year MFIC had a positive cash flow from operations.
Of the past 5 years MFIC 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: MFIC reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of MFIC (3.36%) is comparable to the rest of the industry.
With a Return On Equity value of 7.63%, MFIC perfoms like the industry average, outperforming 41.10% of the companies in the same industry.
The Return On Invested Capital of MFIC (3.11%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for MFIC is below the industry average of 6.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 7.63% | ||
| ROIC | 3.11% |
ROA(3y)4.1%
ROA(5y)2.23%
ROE(3y)10.27%
ROE(5y)4.99%
ROIC(3y)3.38%
ROIC(5y)3.66%
1.3 Margins
MFIC has a better Profit Margin (37.05%) than 76.71% of its industry peers.
MFIC's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 43.21%, MFIC is in the better half of the industry, outperforming 74.89% of the companies in the same industry.
In the last couple of years the Operating Margin of MFIC has declined.
MFIC has a Gross Margin of 47.85%. This is comparable to the rest of the industry: MFIC outperforms 46.58% of its industry peers.
In the last couple of years the Gross Margin of MFIC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.21% | ||
| PM (TTM) | 37.05% | ||
| GM | 47.85% |
OM growth 3Y-7.19%
OM growth 5Y-4%
PM growth 3YN/A
PM growth 5Y5.06%
GM growth 3Y-6.72%
GM growth 5Y-3.88%
2. Health
2.1 Basic Checks
MFIC has more shares outstanding than it did 1 year ago.
MFIC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MFIC has an improved debt to assets ratio.
2.2 Solvency
MFIC has an Altman-Z score of 0.23. This is a bad value and indicates that MFIC is not financially healthy and even has some risk of bankruptcy.
MFIC has a worse Altman-Z score (0.23) than 75.34% of its industry peers.
MFIC has a debt to FCF ratio of 125.95. This is a negative value and a sign of low solvency as MFIC would need 125.95 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 125.95, MFIC is in line with its industry, outperforming 40.64% of the companies in the same industry.
MFIC has a Debt/Equity ratio of 1.25. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.25, MFIC is doing worse than 63.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 125.95 | ||
| Altman-Z | 0.23 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MFIC has a Current Ratio of 7.07. This indicates that MFIC is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 7.07, MFIC belongs to the best of the industry, outperforming 89.50% of the companies in the same industry.
MFIC has a Quick Ratio of 7.07. This indicates that MFIC is financially healthy and has no problem in meeting its short term obligations.
MFIC has a Quick ratio of 7.07. This is amongst the best in the industry. MFIC outperforms 89.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.07 | ||
| Quick Ratio | 7.07 |
3. Growth
3.1 Past
MFIC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.87%.
The Earnings Per Share has been decreasing by -0.88% on average over the past years.
Looking at the last year, MFIC shows a quite strong growth in Revenue. The Revenue has grown by 8.84% in the last year.
The Revenue has been growing slightly by 1.29% on average over the past years.
EPS 1Y (TTM)2.87%
EPS 3Y-6.25%
EPS 5Y-0.88%
EPS Q2Q%2.33%
Revenue 1Y (TTM)8.84%
Revenue growth 3Y-0.05%
Revenue growth 5Y1.29%
Sales Q2Q%3.73%
3.2 Future
The Earnings Per Share is expected to decrease by -2.49% on average over the next years.
The Revenue is expected to grow by 9.61% on average over the next years. This is quite good.
EPS Next Y-1.37%
EPS Next 2Y-3.95%
EPS Next 3Y-2.49%
EPS Next 5YN/A
Revenue Next Year12.41%
Revenue Next 2Y14.74%
Revenue Next 3Y9.61%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.16, the valuation of MFIC can be described as very reasonable.
Based on the Price/Earnings ratio, MFIC is valued cheaper than 81.74% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.62. MFIC is valued rather cheaply when compared to this.
MFIC is valuated reasonably with a Price/Forward Earnings ratio of 8.89.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MFIC indicates a somewhat cheap valuation: MFIC is cheaper than 78.08% of the companies listed in the same industry.
MFIC is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.16 | ||
| Fwd PE | 8.89 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MFIC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 97.27 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as MFIC's earnings are expected to decrease with -2.49% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.95%
EPS Next 3Y-2.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.64%, MFIC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 10.21, MFIC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, MFIC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.64% |
5.2 History
The dividend of MFIC has a limited annual growth rate of 0.85%.
MFIC has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of MFIC decreased in the last 3 years.
Dividend Growth(5Y)0.85%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
MFIC pays out 119.20% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of MFIC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP119.2%
EPS Next 2Y-3.95%
EPS Next 3Y-2.49%
14.6
-0.09 (-0.61%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners26.95%
Inst Owner ChangeN/A
Ins Owners0.77%
Ins Owner Change0%
Market Cap1.37B
Analysts77.33
Price Target15.08 (3.29%)
Short Float %0.5%
Short Ratio1.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.64% |
Yearly Dividend1.89
Dividend Growth(5Y)0.85%
DP119.2%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.99%
Min EPS beat(2)1.81%
Max EPS beat(2)2.17%
EPS beat(4)3
Avg EPS beat(4)2.06%
Min EPS beat(4)-0.45%
Max EPS beat(4)4.71%
EPS beat(8)5
Avg EPS beat(8)3.45%
EPS beat(12)6
Avg EPS beat(12)0.96%
EPS beat(16)9
Avg EPS beat(16)2.8%
Revenue beat(2)0
Avg Revenue beat(2)-9.83%
Min Revenue beat(2)-13.35%
Max Revenue beat(2)-6.31%
Revenue beat(4)1
Avg Revenue beat(4)-3.43%
Min Revenue beat(4)-13.35%
Max Revenue beat(4)9.37%
Revenue beat(8)3
Avg Revenue beat(8)-0.25%
Revenue beat(12)7
Avg Revenue beat(12)1.01%
Revenue beat(16)7
Avg Revenue beat(16)-3.01%
PT rev (1m)-0.84%
PT rev (3m)-2.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.1%
EPS NY rev (1m)0%
EPS NY rev (3m)0.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.16 | ||
| Fwd PE | 8.89 | ||
| P/S | 4.7 | ||
| P/FCF | 97.27 | ||
| P/OCF | 97.27 | ||
| P/B | 0.97 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.79
EY12.26%
EPS(NY)1.64
Fwd EY11.25%
FCF(TTM)0.15
FCFY1.03%
OCF(TTM)0.15
OCFY1.03%
SpS3.11
BVpS15.1
TBVpS15.1
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 7.63% | ||
| ROCE | 3.94% | ||
| ROIC | 3.11% | ||
| ROICexc | 3.2% | ||
| ROICexgc | 3.2% | ||
| OM | 43.21% | ||
| PM (TTM) | 37.05% | ||
| GM | 47.85% | ||
| FCFM | 4.83% |
ROA(3y)4.1%
ROA(5y)2.23%
ROE(3y)10.27%
ROE(5y)4.99%
ROIC(3y)3.38%
ROIC(5y)3.66%
ROICexc(3y)3.46%
ROICexc(5y)3.74%
ROICexgc(3y)3.48%
ROICexgc(5y)3.75%
ROCE(3y)4.27%
ROCE(5y)4.63%
ROICexcg growth 3Y-1.9%
ROICexcg growth 5Y-4.11%
ROICexc growth 3Y-2.22%
ROICexc growth 5Y-4.29%
OM growth 3Y-7.19%
OM growth 5Y-4%
PM growth 3YN/A
PM growth 5Y5.06%
GM growth 3Y-6.72%
GM growth 5Y-3.88%
F-Score5
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 125.95 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.48 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 13.03% | ||
| Current Ratio | 7.07 | ||
| Quick Ratio | 7.07 | ||
| Altman-Z | 0.23 |
F-Score5
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)2.87%
EPS 3Y-6.25%
EPS 5Y-0.88%
EPS Q2Q%2.33%
EPS Next Y-1.37%
EPS Next 2Y-3.95%
EPS Next 3Y-2.49%
EPS Next 5YN/A
Revenue 1Y (TTM)8.84%
Revenue growth 3Y-0.05%
Revenue growth 5Y1.29%
Sales Q2Q%3.73%
Revenue Next Year12.41%
Revenue Next 2Y14.74%
Revenue Next 3Y9.61%
Revenue Next 5YN/A
EBIT growth 1Y10.23%
EBIT growth 3Y-7.23%
EBIT growth 5Y-2.76%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-90.02%
FCF growth 3YN/A
FCF growth 5Y-5.73%
OCF growth 1Y-90.02%
OCF growth 3YN/A
OCF growth 5Y-5.73%