MIDWESTONE FINANCIAL GROUP I (MOFG)
US5985111039 - Common Stock
Overall MOFG gets a fundamental rating of 3 out of 10. We evaluated MOFG against 406 industry peers in the Banks industry. MOFG has a bad profitability rating. Also its financial health evaluation is rather negative. MOFG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MOFG had positive earnings in the past year.
MOFG had a positive operating cash flow in the past year.
In the past 5 years MOFG has always been profitable.
In the past 5 years MOFG always reported a positive cash flow from operatings.
1.2 Ratios
MOFG has a worse Return On Assets (-1.13%) than 97.77% of its industry peers.
MOFG has a worse Return On Equity (-13.14%) than 98.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.13% | ||
| ROE | -13.14% | ||
| ROIC | N/A |
ROA(3y)0.8%
ROA(5y)0.69%
ROE(3y)9.83%
ROE(5y)7.87%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of MOFG has declined.
MOFG does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y55.01%
PM growth 5Y-11.52%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MOFG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MOFG has more shares outstanding
MOFG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MOFG has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of MOFG is 3.29, which is a good value as it means it would take MOFG, 3.29 years of fcf income to pay off all of its debts.
MOFG's Debt to FCF ratio of 3.29 is in line compared to the rest of the industry. MOFG outperforms 47.03% of its industry peers.
A Debt/Equity ratio of 0.21 indicates that MOFG is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.21, MOFG perfoms like the industry average, outperforming 47.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 3.29 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.54%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MOFG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.38%.
Measured over the past years, MOFG shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.08% on average per year.
MOFG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -74.58%.
Measured over the past years, MOFG shows a small growth in Revenue. The Revenue has been growing by 4.82% on average per year.
EPS 1Y (TTM)-19.38%
EPS 3Y1.24%
EPS 5Y-0.08%
EPS Q2Q%-10.34%
Revenue 1Y (TTM)-74.58%
Revenue growth 3Y-5.32%
Revenue growth 5Y4.82%
Sales Q2Q%8.52%
3.2 Future
The Earnings Per Share is expected to grow by 13.20% on average over the next years. This is quite good.
Based on estimates for the next years, MOFG will show a quite strong growth in Revenue. The Revenue will grow by 13.22% on average per year.
EPS Next Y-270.03%
EPS Next 2Y14.13%
EPS Next 3Y13.2%
EPS Next 5YN/A
Revenue Next Year7.14%
Revenue Next 2Y15.96%
Revenue Next 3Y13.22%
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 accelerating.
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
MOFG is valuated correctly with a Price/Earnings ratio of 12.92.
The rest of the industry has a similar Price/Earnings ratio as MOFG.
MOFG is valuated cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
MOFG is valuated reasonably with a Price/Forward Earnings ratio of 9.36.
Based on the Price/Forward Earnings ratio, MOFG is valued cheaper than 81.44% of the companies in the same industry.
MOFG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.92 | ||
| Fwd PE | 9.36 |
4.2 Price Multiples
MOFG's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MOFG is more expensive than 63.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.51 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MOFG's earnings are expected to grow with 13.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.13%
EPS Next 3Y13.2%
5. Dividend
5.1 Amount
MOFG has a Yearly Dividend Yield of 2.97%.
Compared to an average industry Dividend Yield of 3.02, MOFG pays a bit more dividend than its industry peers.
MOFG's Dividend Yield is a higher than the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
5.2 History
The dividend of MOFG has a limited annual growth rate of 4.54%.
MOFG has been paying a dividend for at least 10 years, so it has a reliable track record.
MOFG has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.54%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
The earnings of MOFG are negative and hence is the payout ratio. MOFG will probably not be able to sustain this dividend level.
MOFG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-20.69%
EPS Next 2Y14.13%
EPS Next 3Y13.2%
MIDWESTONE FINANCIAL GROUP I
NASDAQ:MOFG (12/20/2024, 8:25:16 PM)
After market: 30.1 0 (0%)30.1
+0.27 (+0.91%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners77.17%
Inst Owner Change47.27%
Ins Owners5.36%
Ins Owner Change2.68%
Market Cap625.18M
Analysts80
Price Target33.15 (10.13%)
Short Float %0.31%
Short Ratio0.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
Dividend Growth(5Y)4.54%
DP-20.69%
Div Incr Years13
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)45.89%
Min EPS beat(2)-8.31%
Max EPS beat(2)100.08%
EPS beat(4)2
Avg EPS beat(4)16.37%
Min EPS beat(4)-46.66%
Max EPS beat(4)100.08%
EPS beat(8)2
Avg EPS beat(8)4.21%
EPS beat(12)4
Avg EPS beat(12)3.47%
EPS beat(16)8
Avg EPS beat(16)11.77%
Revenue beat(2)0
Avg Revenue beat(2)-3.4%
Min Revenue beat(2)-5.06%
Max Revenue beat(2)-1.74%
Revenue beat(4)0
Avg Revenue beat(4)-3.63%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)-1.55%
Revenue beat(8)1
Avg Revenue beat(8)-5.25%
Revenue beat(12)5
Avg Revenue beat(12)4.86%
Revenue beat(16)9
Avg Revenue beat(16)10.26%
PT rev (1m)3.83%
PT rev (3m)5.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.89%
EPS NY rev (1m)0%
EPS NY rev (3m)-271.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)17.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.92 | ||
| Fwd PE | 9.36 | ||
| P/S | 13.61 | ||
| P/FCF | 17.51 | ||
| P/OCF | 16.1 | ||
| P/B | 1.11 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.33
EY7.74%
EPS(NY)3.22
Fwd EY10.69%
FCF(TTM)1.72
FCFY5.71%
OCF(TTM)1.87
OCFY6.21%
SpS2.21
BVpS27.07
TBVpS21.85
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.13% | ||
| ROE | -13.14% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 77.74% |
ROA(3y)0.8%
ROA(5y)0.69%
ROE(3y)9.83%
ROE(5y)7.87%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y55.01%
PM growth 5Y-11.52%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 3.29 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 27.29% | ||
| Cap/Sales | 6.8% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC12.54%
ROIC/WACCN/A
Cap/Depr(3y)61.24%
Cap/Depr(5y)61.59%
Cap/Sales(3y)1.59%
Cap/Sales(5y)1.42%
Profit Quality(3y)194.1%
Profit Quality(5y)158.66%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.38%
EPS 3Y1.24%
EPS 5Y-0.08%
EPS Q2Q%-10.34%
EPS Next Y-270.03%
EPS Next 2Y14.13%
EPS Next 3Y13.2%
EPS Next 5YN/A
Revenue 1Y (TTM)-74.58%
Revenue growth 3Y-5.32%
Revenue growth 5Y4.82%
Sales Q2Q%8.52%
Revenue Next Year7.14%
Revenue Next 2Y15.96%
Revenue Next 3Y13.22%
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 1Y-73.39%
FCF growth 3Y101.99%
FCF growth 5Y9.48%
OCF growth 1Y-71.59%
OCF growth 3Y89.46%
OCF growth 5Y7.89%