MIDWESTONE FINANCIAL GROUP I (MOFG) Stock Fundamental Analysis
NASDAQ:MOFG - Nasdaq - US5985111039 - Common Stock - Currency: USD
Taking everything into account, MOFG scores 4 out of 10 in our fundamental rating. MOFG was compared to 398 industry peers in the Banks industry. Both the profitability and financial health of MOFG have multiple concerns. A decent growth rate in combination with a cheap valuation! Better keep an eye on MOFG.
1. Profitability
1.1 Basic Checks
In the past year MOFG was profitable.
In the past year MOFG had a positive cash flow from operations.
Of the past 5 years MOFG 4 years were profitable.
MOFG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MOFG (-0.97%) is worse than 96.73% of its industry peers.
MOFG has a Return On Equity of -10.77%. This is amonst the worse of the industry: MOFG underperforms 97.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.97% | ||
| ROE | -10.77% | ||
| ROIC | N/A |
ROA(3y)0.09%
ROA(5y)0.31%
ROE(3y)1.85%
ROE(5y)4%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
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 3YN/A
PM growth 5YN/A
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.
The number of shares outstanding for MOFG has been increased compared to 1 year ago.
MOFG has more shares outstanding than it did 5 years ago.
MOFG has a better debt/assets ratio than last year.
2.2 Solvency
MOFG has a debt to FCF ratio of 1.85. This is a very positive value and a sign of high solvency as it would only need 1.85 years to pay back of all of its debts.
MOFG has a Debt to FCF ratio (1.85) which is in line with its industry peers.
A Debt/Equity ratio of 0.20 indicates that MOFG is not too dependend on debt financing.
The Debt to Equity ratio of MOFG (0.20) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.84%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MOFG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.59%, which is quite impressive.
MOFG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.91% yearly.
The Revenue for MOFG has decreased by -57.38% in the past year. This is quite bad
MOFG shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -16.90% yearly.
EPS 1Y (TTM)54.59%
EPS 3Y-16.88%
EPS 5Y-2.91%
EPS Q2Q%247.62%
Revenue 1Y (TTM)-57.38%
Revenue growth 3Y-29.63%
Revenue growth 5Y-16.9%
Sales Q2Q%65.79%
3.2 Future
The Earnings Per Share is expected to grow by 19.07% 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 16.22% on average per year.
EPS Next Y31.22%
EPS Next 2Y19.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year27.48%
Revenue Next 2Y16.22%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
Based on the Price/Earnings ratio of 8.89, the valuation of MOFG can be described as reasonable.
Based on the Price/Earnings ratio, MOFG is valued cheaply inside the industry as 81.16% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.92, MOFG is valued rather cheaply.
The Price/Forward Earnings ratio is 7.57, which indicates a rather cheap valuation of MOFG.
79.90% of the companies in the same industry are more expensive than MOFG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MOFG to the average of the S&P500 Index (21.65), we can say MOFG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.89 | ||
| Fwd PE | 7.57 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MOFG indicates a somewhat cheap valuation: MOFG is cheaper than 62.56% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.23 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MOFG's earnings are expected to grow with 19.07% in the coming years.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y19.07%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MOFG has a Yearly Dividend Yield of 3.41%.
Compared to an average industry Dividend Yield of 3.63, MOFG has a dividend in line with its industry peers.
MOFG's Dividend Yield is a higher than the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
5.2 History
The dividend of MOFG has a limited annual growth rate of 2.25%.
MOFG has been paying a dividend for at least 10 years, so it has a reliable track record.
MOFG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.25%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
MOFG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
MOFG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-27.38%
EPS Next 2Y19.07%
EPS Next 3YN/A
NASDAQ:MOFG (4/25/2025, 10:25:38 AM)
26.94
-1.52 (-5.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners80.92%
Inst Owner Change-0.24%
Ins Owners1.33%
Ins Owner Change1.51%
Market Cap560.89M
Analysts81.82
Price Target35.8 (32.89%)
Short Float %1.18%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
Yearly Dividend0.91
Dividend Growth(5Y)2.25%
DP-27.38%
Div Incr Years13
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.9%
Min EPS beat(2)-8.31%
Max EPS beat(2)6.51%
EPS beat(4)2
Avg EPS beat(4)12.9%
Min EPS beat(4)-46.66%
Max EPS beat(4)100.08%
EPS beat(8)3
Avg EPS beat(8)6.02%
EPS beat(12)5
Avg EPS beat(12)4.62%
EPS beat(16)8
Avg EPS beat(16)8.93%
Revenue beat(2)1
Avg Revenue beat(2)1.18%
Min Revenue beat(2)-1.74%
Max Revenue beat(2)4.1%
Revenue beat(4)1
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-5.06%
Max Revenue beat(4)4.1%
Revenue beat(8)1
Avg Revenue beat(8)-6.29%
Revenue beat(12)5
Avg Revenue beat(12)3.23%
Revenue beat(16)9
Avg Revenue beat(16)8.87%
PT rev (1m)-0.83%
PT rev (3m)1.12%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)5.59%
EPS NY rev (1m)-0.31%
EPS NY rev (3m)2.7%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)3.64%
Revenue NY rev (1m)-0.2%
Revenue NY rev (3m)2.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.89 | ||
| Fwd PE | 7.57 | ||
| P/S | 8.09 | ||
| P/FCF | 9.23 | ||
| P/OCF | 8.88 | ||
| P/B | 1 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.03
EY11.25%
EPS(NY)3.56
Fwd EY13.21%
FCF(TTM)2.92
FCFY10.84%
OCF(TTM)3.03
OCFY11.26%
SpS3.33
BVpS26.88
TBVpS21.74
PEG (NY)0.28
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.97% | ||
| ROE | -10.77% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 87.72% |
ROA(3y)0.09%
ROA(5y)0.31%
ROE(3y)1.85%
ROE(5y)4%
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 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.85 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 31.23% | ||
| Cap/Sales | 3.47% | ||
| 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
WACC19.84%
ROIC/WACCN/A
Cap/Depr(3y)29.99%
Cap/Depr(5y)52.12%
Cap/Sales(3y)2.41%
Cap/Sales(5y)1.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)54.59%
EPS 3Y-16.88%
EPS 5Y-2.91%
EPS Q2Q%247.62%
EPS Next Y31.22%
EPS Next 2Y19.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-57.38%
Revenue growth 3Y-29.63%
Revenue growth 5Y-16.9%
Sales Q2Q%65.79%
Revenue Next Year27.48%
Revenue Next 2Y16.22%
Revenue Next 3YN/A
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 1Y3.87%
FCF growth 3Y-17.84%
FCF growth 5Y6.15%
OCF growth 1Y0.98%
OCF growth 3Y-17.27%
OCF growth 5Y5.96%