34.775 USD
-0.48 (-1.38%)
34.775 USD
0 (0%)
MBIN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 98 industry peers in the Financial Services industry. MBIN may be in some trouble as it scores bad on both profitability and health. MBIN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MBIN was profitable.
In the past year MBIN had a positive cash flow from operations.
MBIN had positive earnings in each of the past 5 years.
MBIN had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.03%, MBIN perfoms like the industry average, outperforming 45.92% of the companies in the same industry.
MBIN has a Return On Equity (8.98%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 8.98% | ||
| ROIC | N/A |
ROA(3y)1.5%
ROA(5y)1.61%
ROE(3y)13.43%
ROE(5y)15.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MBIN has a Profit Margin of 28.95%. This is amongst the best in the industry. MBIN outperforms 83.67% of its industry peers.
In the last couple of years the Profit Margin of MBIN has remained more or less at the same level.
MBIN does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 28.95% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.71%
PM growth 5Y1.01%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MBIN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MBIN has been increased compared to 1 year ago.
Compared to 5 years ago, MBIN has more shares outstanding
MBIN has about the same debt/assets ratio as last year.
2.2 Solvency
MBIN has a debt to FCF ratio of 6.58. This is a slightly negative value and a sign of low solvency as MBIN would need 6.58 years to pay back of all of its debts.
MBIN has a Debt to FCF ratio (6.58) which is in line with its industry peers.
A Debt/Equity ratio of 0.07 indicates that MBIN is not too dependend on debt financing.
MBIN's Debt to Equity ratio of 0.07 is fine compared to the rest of the industry. MBIN outperforms 77.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.58 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.6%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MBIN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.16%.
MBIN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.91% yearly.
MBIN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.52%.
MBIN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.68% yearly.
EPS 1Y (TTM)-26.16%
EPS 3Y9.85%
EPS 5Y31.91%
EPS Q2Q%-17.09%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.5%
Revenue growth 5Y31.68%
Sales Q2Q%19.91%
3.2 Future
MBIN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.17% yearly.
The Revenue is expected to grow by 6.41% on average over the next years.
EPS Next Y-44.43%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
EPS Next 5YN/A
Revenue Next Year5.37%
Revenue Next 2Y7.07%
Revenue Next 3Y6.41%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.80, which indicates a rather cheap valuation of MBIN.
80.61% of the companies in the same industry are more expensive than MBIN, based on the Price/Earnings ratio.
MBIN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.92.
MBIN is valuated cheaply with a Price/Forward Earnings ratio of 6.89.
Based on the Price/Forward Earnings ratio, MBIN is valued a bit cheaper than 78.57% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MBIN to the average of the S&P500 Index (23.57), we can say MBIN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.8 | ||
| Fwd PE | 6.89 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MBIN is valued a bit more expensive than 63.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.87 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MBIN's earnings are expected to decrease with -4.17% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.17%, MBIN has a reasonable but not impressive dividend return.
MBIN's Dividend Yield is comparable with the industry average which is at 2.35.
Compared to the average S&P500 Dividend Yield of 1.94, MBIN is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
5.2 History
The dividend of MBIN is nicely growing with an annual growth rate of 13.84%!
MBIN has been paying a dividend for over 5 years, so it has already some track record.
As MBIN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)13.84%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
MBIN pays out 29.82% of its income as dividend. This is a sustainable payout ratio.
DP29.82%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
34.775
-0.48 (-1.38%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners35.29%
Inst Owner Change0%
Ins Owners40.12%
Ins Owner Change-0.6%
Market Cap1.60B
Revenue(TTM)689.93M
Net Income(TTM)199.75M
Analysts80
Price Target42.16 (21.24%)
Short Float %7.25%
Short Ratio10.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Yearly Dividend1.15
Dividend Growth(5Y)13.84%
DP29.82%
Div Incr Years7
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.5%
Min EPS beat(2)-47.48%
Max EPS beat(2)20.48%
EPS beat(4)2
Avg EPS beat(4)-1.35%
Min EPS beat(4)-47.48%
Max EPS beat(4)40.24%
EPS beat(8)4
Avg EPS beat(8)0.66%
EPS beat(12)7
Avg EPS beat(12)2.53%
EPS beat(16)9
Avg EPS beat(16)3.68%
Revenue beat(2)1
Avg Revenue beat(2)-2.25%
Min Revenue beat(2)-6.84%
Max Revenue beat(2)2.33%
Revenue beat(4)2
Avg Revenue beat(4)0%
Min Revenue beat(4)-15.12%
Max Revenue beat(4)19.63%
Revenue beat(8)4
Avg Revenue beat(8)0.46%
Revenue beat(12)7
Avg Revenue beat(12)1.66%
Revenue beat(16)9
Avg Revenue beat(16)2.78%
PT rev (1m)3.33%
PT rev (3m)7.83%
EPS NQ rev (1m)-7.85%
EPS NQ rev (3m)-11.08%
EPS NY rev (1m)0%
EPS NY rev (3m)5.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.8 | ||
| Fwd PE | 6.89 | ||
| P/S | 2.31 | ||
| P/FCF | 67.87 | ||
| P/OCF | 34.21 | ||
| P/B | 0.72 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.46
EY12.83%
EPS(NY)5.05
Fwd EY14.52%
FCF(TTM)0.51
FCFY1.47%
OCF(TTM)1.02
OCFY2.92%
SpS15.03
BVpS48.49
TBVpS43.68
PEG (NY)N/A
PEG (5Y)0.24
Graham Number69.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 8.98% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 28.95% | ||
| GM | N/A | ||
| FCFM | 3.41% |
ROA(3y)1.5%
ROA(5y)1.61%
ROE(3y)13.43%
ROE(5y)15.73%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.71%
PM growth 5Y1.01%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.58 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 754.94% | ||
| Cap/Sales | 3.35% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 11.77% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC19.6%
ROIC/WACCN/A
Cap/Depr(3y)409.66%
Cap/Depr(5y)317.29%
Cap/Sales(3y)2.02%
Cap/Sales(5y)1.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.16%
EPS 3Y9.85%
EPS 5Y31.91%
EPS Q2Q%-17.09%
EPS Next Y-44.43%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
EPS Next 5YN/A
Revenue 1Y (TTM)8.52%
Revenue growth 3Y15.5%
Revenue growth 5Y31.68%
Sales Q2Q%19.91%
Revenue Next Year5.37%
Revenue Next 2Y7.07%
Revenue Next 3Y6.41%
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 1Y101.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y102.42%
OCF growth 3YN/A
OCF growth 5YN/A
MERCHANTS BANCORP/IN / MBIN FAQ
What is the fundamental rating for MBIN stock?
ChartMill assigns a fundamental rating of 4 / 10 to MBIN.
Can you provide the valuation status for MERCHANTS BANCORP/IN?
ChartMill assigns a valuation rating of 5 / 10 to MERCHANTS BANCORP/IN (MBIN). This can be considered as Fairly Valued.
How profitable is MERCHANTS BANCORP/IN (MBIN) stock?
MERCHANTS BANCORP/IN (MBIN) has a profitability rating of 3 / 10.
What is the expected EPS growth for MERCHANTS BANCORP/IN (MBIN) stock?
The Earnings per Share (EPS) of MERCHANTS BANCORP/IN (MBIN) is expected to decline by -44.43% in the next year.
Can you provide the dividend sustainability for MBIN stock?
The dividend rating of MERCHANTS BANCORP/IN (MBIN) is 5 / 10 and the dividend payout ratio is 29.82%.