MID PENN BANCORP INC (MPB) Stock Fundamental Analysis
NASDAQ:MPB - Nasdaq - US59540G1076 - Common Stock - Currency: USD
Overall MPB gets a fundamental rating of 4 out of 10. We evaluated MPB against 405 industry peers in the Banks industry. MPB may be in some trouble as it scores bad on both profitability and health. MPB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MPB was profitable.
In the past year MPB had a positive cash flow from operations.
In the past 5 years MPB has always been profitable.
Of the past 5 years MPB 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.87%, MPB perfoms like the industry average, outperforming 58.65% of the companies in the same industry.
The Return On Equity of MPB (8.43%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.87% | ||
| ROE | 8.43% | ||
| ROIC | N/A |
ROA(3y)0.94%
ROA(5y)0.87%
ROE(3y)8.38%
ROE(5y)8.27%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MPB has a better Profit Margin (27.78%) than 76.69% of its industry peers.
MPB's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for MPB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.78% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y7%
PM growth 5Y5.21%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MPB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MPB has been increased compared to 1 year ago.
Compared to 5 years ago, MPB has more shares outstanding
MPB has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of MPB is 2.63, which is a good value as it means it would take MPB, 2.63 years of fcf income to pay off all of its debts.
MPB has a Debt to FCF ratio (2.63) which is comparable to the rest of the industry.
MPB has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MPB (0.28) is worse than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.63 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.12%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.61% over the past year.
Measured over the past 5 years, MPB shows a small growth in Earnings Per Share. The EPS has been growing by 6.77% on average per year.
MPB shows a small growth in Revenue. In the last year, the Revenue has grown by 7.29%.
MPB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.72% yearly.
EPS 1Y (TTM)8.61%
EPS 3Y-0.9%
EPS 5Y6.77%
EPS Q2Q%-1.37%
Revenue 1Y (TTM)7.29%
Revenue growth 3Y11.26%
Revenue growth 5Y16.72%
Sales Q2Q%12.61%
3.2 Future
MPB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.97% yearly.
Based on estimates for the next years, MPB will show a quite strong growth in Revenue. The Revenue will grow by 15.14% on average per year.
EPS Next Y-1.08%
EPS Next 2Y8.97%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year18.45%
Revenue Next 2Y15.14%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.79, which indicates a very decent valuation of MPB.
Based on the Price/Earnings ratio, MPB is valued cheaply inside the industry as 84.46% of the companies are valued more expensively.
MPB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.63.
A Price/Forward Earnings ratio of 9.90 indicates a reasonable valuation of MPB.
Based on the Price/Forward Earnings ratio, MPB is valued a bit cheaper than 72.68% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.68. MPB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 9.9 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MPB indicates a somewhat cheap valuation: MPB is cheaper than 79.20% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.85 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.45
EPS Next 2Y8.97%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.77%, MPB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.18, MPB has a dividend in line with its industry peers.
MPB's Dividend Yield is a higher than the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
5.2 History
The dividend of MPB has a limited annual growth rate of 1.90%.
MPB has been paying a dividend for at least 10 years, so it has a reliable track record.
MPB has decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.9%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
MPB pays out 27.46% of its income as dividend. This is a sustainable payout ratio.
MPB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP27.46%
EPS Next 2Y8.97%
EPS Next 3YN/A
28.4
-0.52 (-1.8%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners52.15%
Inst Owner Change-88.6%
Ins Owners3.73%
Ins Owner Change3.07%
Market Cap549.82M
Analysts82.86
Price Target37.23 (31.09%)
Short Float %2.69%
Short Ratio6.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
Yearly Dividend0.8
Dividend Growth(5Y)1.9%
DP27.46%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.29%
Min EPS beat(2)2.71%
Max EPS beat(2)15.87%
EPS beat(4)4
Avg EPS beat(4)15.25%
Min EPS beat(4)2.71%
Max EPS beat(4)23.2%
EPS beat(8)5
Avg EPS beat(8)3.59%
EPS beat(12)8
Avg EPS beat(12)6.15%
EPS beat(16)12
Avg EPS beat(16)13.26%
Revenue beat(2)2
Avg Revenue beat(2)2.52%
Min Revenue beat(2)0.87%
Max Revenue beat(2)4.17%
Revenue beat(4)3
Avg Revenue beat(4)1.18%
Min Revenue beat(4)-1.9%
Max Revenue beat(4)4.17%
Revenue beat(8)5
Avg Revenue beat(8)-0.87%
Revenue beat(12)9
Avg Revenue beat(12)1.31%
Revenue beat(16)13
Avg Revenue beat(16)3.6%
PT rev (1m)0%
PT rev (3m)1.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-2.95%
EPS NY rev (3m)-3.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.68%
Revenue NY rev (3m)-1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.79 | ||
| Fwd PE | 9.9 | ||
| P/S | 3.16 | ||
| P/FCF | 8.85 | ||
| P/OCF | 8.75 | ||
| P/B | 0.96 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.9
EY10.21%
EPS(NY)2.87
Fwd EY10.1%
FCF(TTM)3.21
FCFY11.3%
OCF(TTM)3.25
OCFY11.43%
SpS8.98
BVpS29.6
TBVpS22.63
PEG (NY)N/A
PEG (5Y)1.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.87% | ||
| ROE | 8.43% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.78% | ||
| GM | N/A | ||
| FCFM | 35.72% |
ROA(3y)0.94%
ROA(5y)0.87%
ROE(3y)8.38%
ROE(5y)8.27%
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 3Y7%
PM growth 5Y5.21%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.63 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 10.49% | ||
| Cap/Sales | 0.42% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 128.57% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC14.12%
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)8.61%
EPS 3Y-0.9%
EPS 5Y6.77%
EPS Q2Q%-1.37%
EPS Next Y-1.08%
EPS Next 2Y8.97%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.29%
Revenue growth 3Y11.26%
Revenue growth 5Y16.72%
Sales Q2Q%12.61%
Revenue Next Year18.45%
Revenue Next 2Y15.14%
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 1Y20.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y14.67%
OCF growth 3YN/A
OCF growth 5YN/A