MIDCAP FINANCIAL INVESTMENT (MFIC) Stock Fundamental Analysis
USA - NASDAQ:MFIC - US03761U5020 - Common Stock
12.37 USD
+0.08 (+0.65%)
12.37 USD
0 (0%)
MFIC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. There are concerns on the financial health of MFIC while its profitability can be described as average. MFIC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MFIC was profitable.
In the past year MFIC has reported a negative cash flow from operations.
MFIC had positive earnings in 4 of the past 5 years.
In multiple years MFIC reported negative operating cash flow during the last 5 years.
1.2 Ratios
MFIC's Return On Assets of 2.87% is in line compared to the rest of the industry. MFIC outperforms 52.52% of its industry peers.
Looking at the Return On Equity, with a value of 7.21%, MFIC is in line with its industry, outperforming 47.06% of the companies in the same industry.
MFIC's Return On Invested Capital of 3.36% is in line compared to the rest of the industry. MFIC outperforms 44.96% of its industry peers.
MFIC had an Average Return On Invested Capital over the past 3 years of 3.33%. This is below the industry average of 7.61%.
The 3 year average ROIC (3.33%) for MFIC is below the current ROIC(3.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.87% | ||
| ROE | 7.21% | ||
| ROIC | 3.36% |
ROA(3y)3.67%
ROA(5y)2.27%
ROE(3y)9.02%
ROE(5y)5.3%
ROIC(3y)3.33%
ROIC(5y)3.5%
1.3 Margins
MFIC has a better Profit Margin (30.60%) than 75.63% of its industry peers.
In the last couple of years the Profit Margin of MFIC has grown nicely.
MFIC has a better Operating Margin (44.99%) than 78.99% of its industry peers.
In the last couple of years the Operating Margin of MFIC has declined.
MFIC's Gross Margin of 47.92% is in line compared to the rest of the industry. MFIC outperforms 55.04% of its industry peers.
In the last couple of years the Gross Margin of MFIC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.99% | ||
| PM (TTM) | 30.6% | ||
| GM | 47.92% |
OM growth 3Y-4.53%
OM growth 5Y-2.47%
PM growth 3Y-14.09%
PM growth 5Y3.04%
GM growth 3Y-5.92%
GM growth 5Y-3.38%
2. Health
2.1 Basic Checks
Compared to 1 year ago, MFIC has more shares outstanding
MFIC has more shares outstanding than it did 5 years ago.
MFIC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.07, we must say that MFIC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MFIC (0.07) is worse than 73.53% of its industry peers.
A Debt/Equity ratio of 1.49 is on the high side and indicates that MFIC has dependencies on debt financing.
MFIC's Debt to Equity ratio of 1.49 is on the low side compared to the rest of the industry. MFIC is outperformed by 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.07 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.62 indicates that MFIC has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.62, MFIC is doing good in the industry, outperforming 77.73% of the companies in the same industry.
MFIC has a Quick Ratio of 2.62. This indicates that MFIC is financially healthy and has no problem in meeting its short term obligations.
MFIC's Quick ratio of 2.62 is fine compared to the rest of the industry. MFIC outperforms 78.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.62 | ||
| Quick Ratio | 2.62 |
3. Growth
3.1 Past
MFIC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.11%.
MFIC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.01% yearly.
MFIC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.79%.
Measured over the past years, MFIC shows a small growth in Revenue. The Revenue has been growing by 3.42% on average per year.
EPS 1Y (TTM)-10.11%
EPS 3Y0.98%
EPS 5Y-1.01%
EPS Q2Q%-13.33%
Revenue 1Y (TTM)16.79%
Revenue growth 3Y11.67%
Revenue growth 5Y3.42%
Sales Q2Q%17.48%
3.2 Future
Based on estimates for the next years, MFIC will show a decrease in Earnings Per Share. The EPS will decrease by -5.75% on average per year.
MFIC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.46% yearly.
EPS Next Y-10.6%
EPS Next 2Y-6.15%
EPS Next 3Y-5.75%
EPS Next 5YN/A
Revenue Next Year6.63%
Revenue Next 2Y1.99%
Revenue Next 3Y-0.46%
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
With a Price/Earnings ratio of 7.73, the valuation of MFIC can be described as very cheap.
85.71% of the companies in the same industry are more expensive than MFIC, based on the Price/Earnings ratio.
MFIC is valuated cheaply when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.12, which indicates a very decent valuation of MFIC.
86.13% of the companies in the same industry are more expensive than MFIC, based on the Price/Forward Earnings ratio.
MFIC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.73 | ||
| Fwd PE | 8.12 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MFIC's earnings are expected to decrease with -5.75% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.15%
EPS Next 3Y-5.75%
5. Dividend
5.1 Amount
MFIC has a Yearly Dividend Yield of 11.64%, which is a nice return.
MFIC's Dividend Yield is a higher than the industry average which is at 8.23.
MFIC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.64% |
5.2 History
The dividend of MFIC decreases each year by -0.67%.
MFIC has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of MFIC decreased in the last 3 years.
Dividend Growth(5Y)-0.67%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
MFIC pays out 162.39% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of MFIC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP162.39%
EPS Next 2Y-6.15%
EPS Next 3Y-5.75%
12.37
+0.08 (+0.65%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners32.53%
Inst Owner ChangeN/A
Ins Owners0.78%
Ins Owner Change0%
Market Cap1.15B
Analysts74.29
Price Target14.07 (13.74%)
Short Float %0.77%
Short Ratio1.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.64% |
Yearly Dividend1.76
Dividend Growth(5Y)-0.67%
DP162.39%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.7%
Min EPS beat(2)-5.37%
Max EPS beat(2)1.96%
EPS beat(4)2
Avg EPS beat(4)-0.87%
Min EPS beat(4)-5.37%
Max EPS beat(4)2.17%
EPS beat(8)4
Avg EPS beat(8)-0.24%
EPS beat(12)7
Avg EPS beat(12)1.99%
EPS beat(16)8
Avg EPS beat(16)0.86%
Revenue beat(2)0
Avg Revenue beat(2)-5.09%
Min Revenue beat(2)-7.81%
Max Revenue beat(2)-2.37%
Revenue beat(4)0
Avg Revenue beat(4)-7.67%
Min Revenue beat(4)-13.35%
Max Revenue beat(4)-2.37%
Revenue beat(8)1
Avg Revenue beat(8)-4.21%
Revenue beat(12)4
Avg Revenue beat(12)-1.06%
Revenue beat(16)7
Avg Revenue beat(16)-0.62%
PT rev (1m)-0.3%
PT rev (3m)-1.99%
EPS NQ rev (1m)0.05%
EPS NQ rev (3m)-0.04%
EPS NY rev (1m)0.41%
EPS NY rev (3m)-1.04%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)1.84%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.73 | ||
| Fwd PE | 8.12 | ||
| P/S | 3.56 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.6
EY12.93%
EPS(NY)1.52
Fwd EY12.32%
FCF(TTM)-1.9
FCFYN/A
OCF(TTM)-1.9
OCFYN/A
SpS3.48
BVpS14.75
TBVpS14.75
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.87% | ||
| ROE | 7.21% | ||
| ROCE | 4.25% | ||
| ROIC | 3.36% | ||
| ROICexc | 3.43% | ||
| ROICexgc | 3.43% | ||
| OM | 44.99% | ||
| PM (TTM) | 30.6% | ||
| GM | 47.92% | ||
| FCFM | N/A |
ROA(3y)3.67%
ROA(5y)2.27%
ROE(3y)9.02%
ROE(5y)5.3%
ROIC(3y)3.33%
ROIC(5y)3.5%
ROICexc(3y)3.42%
ROICexc(5y)3.58%
ROICexgc(3y)3.43%
ROICexgc(5y)3.59%
ROCE(3y)4.22%
ROCE(5y)4.43%
ROICexcg growth 3Y-1.22%
ROICexcg growth 5Y-4.03%
ROICexc growth 3Y-1.18%
ROICexc growth 5Y-4%
OM growth 3Y-4.53%
OM growth 5Y-2.47%
PM growth 3Y-14.09%
PM growth 5Y3.04%
GM growth 3Y-5.92%
GM growth 5Y-3.38%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.24 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.62 | ||
| Quick Ratio | 2.62 | ||
| Altman-Z | 0.07 |
F-Score4
WACCN/A
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)-10.11%
EPS 3Y0.98%
EPS 5Y-1.01%
EPS Q2Q%-13.33%
EPS Next Y-10.6%
EPS Next 2Y-6.15%
EPS Next 3Y-5.75%
EPS Next 5YN/A
Revenue 1Y (TTM)16.79%
Revenue growth 3Y11.67%
Revenue growth 5Y3.42%
Sales Q2Q%17.48%
Revenue Next Year6.63%
Revenue Next 2Y1.99%
Revenue Next 3Y-0.46%
Revenue Next 5YN/A
EBIT growth 1Y26.03%
EBIT growth 3Y6.61%
EBIT growth 5Y0.86%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-175.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-175.91%
OCF growth 3YN/A
OCF growth 5YN/A