24.2 USD
+0.15 (+0.62%)
Overall MBINL gets a fundamental rating of 3 out of 10. We evaluated MBINL against 97 industry peers in the Financial Services industry. Both the profitability and financial health of MBINL have multiple concerns. MBINL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year MBINL was profitable.
- MBINL had a positive operating cash flow in the past year.
- MBINL had positive earnings in each of the past 5 years.
- In the past 5 years MBINL reported 4 times negative operating cash flow.
1.2 Ratios
- MBINL has a Return On Assets (1.03%) which is in line with its industry peers.
- MBINL's Return On Equity of 8.98% is in line compared to the rest of the industry. MBINL outperforms 49.48% of its industry peers.
| 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
- MBINL has a Profit Margin of 28.95%. This is amongst the best in the industry. MBINL outperforms 86.60% of its industry peers.
- MBINL's Profit Margin has been stable in the last couple of years.
- MBINL 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
- MBINL does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for MBINL has been increased compared to 1 year ago.
- MBINL has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for MBINL has remained at the same level compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of MBINL is 6.58, which is on the high side as it means it would take MBINL, 6.58 years of fcf income to pay off all of its debts.
- MBINL's Debt to FCF ratio of 6.58 is in line compared to the rest of the industry. MBINL outperforms 59.79% of its industry peers.
- A Debt/Equity ratio of 0.07 indicates that MBINL is not too dependend on debt financing.
- MBINL's Debt to Equity ratio of 0.07 is fine compared to the rest of the industry. MBINL outperforms 78.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.58 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC20.91%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The earnings per share for MBINL have decreased strongly by -26.16% in the last year.
- Measured over the past years, MBINL shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.91% on average per year.
- MBINL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.52%.
- MBINL 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
- The Earnings Per Share is expected to decrease by -4.17% on average over the next years.
- Based on estimates for the next years, MBINL will show a small growth in Revenue. The Revenue will grow by 5.68% on average per year.
EPS Next Y-44.43%
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
EPS Next 5YN/A
Revenue Next Year4.97%
Revenue Next 2Y6.1%
Revenue Next 3Y5.68%
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 decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 5.43, the valuation of MBINL can be described as very cheap.
- 93.81% of the companies in the same industry are more expensive than MBINL, based on the Price/Earnings ratio.
- MBINL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
- With a Price/Forward Earnings ratio of 4.79, the valuation of MBINL can be described as very cheap.
- Based on the Price/Forward Earnings ratio, MBINL is valued cheaply inside the industry as 92.78% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. MBINL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.43 | ||
| Fwd PE | 4.79 |
4.2 Price Multiples
- MBINL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.23 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A cheap valuation may be justified as MBINL's earnings are expected to decrease with -4.17% in the coming years.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y-10.54%
EPS Next 3Y-4.17%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.10%, MBINL has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.09, MBINL has a dividend in line with its industry peers.
- MBINL's Dividend Yield is slightly below the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
5.2 History
- On average, the dividend of MBINL grows each year by 13.84%, which is quite nice.
- MBINL does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)13.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- MBINL 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%
MERCHANTS BANCORP - MBIN 7 5/8 PERP / MBINL FAQ
What is the ChartMill fundamental rating of MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) stock?
ChartMill assigns a fundamental rating of 3 / 10 to MBINL.
Can you provide the valuation status for MERCHANTS BANCORP - MBIN 7 5/8 PERP?
ChartMill assigns a valuation rating of 5 / 10 to MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL). This can be considered as Fairly Valued.
Can you provide the profitability details for MERCHANTS BANCORP - MBIN 7 5/8 PERP?
MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) has a profitability rating of 3 / 10.
What is the earnings growth outlook for MERCHANTS BANCORP - MBIN 7 5/8 PERP?
The Earnings per Share (EPS) of MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) is expected to decline by -44.43% in the next year.
How sustainable is the dividend of MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) stock?
The dividend rating of MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) is 3 / 10 and the dividend payout ratio is 29.82%.