MIDCAP FINANCIAL INVESTMENT (MFIC) Stock Fundamental Analysis
NASDAQ:MFIC - Nasdaq - US03761U5020 - Common Stock - Currency: USD
Overall MFIC gets a fundamental rating of 4 out of 10. We evaluated MFIC against 233 industry peers in the Capital Markets industry. The financial health of MFIC is average, but there are quite some concerns on its profitability. MFIC has a valuation in line with the averages, but on the other hand it scores bad on growth.
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 has a Return On Assets (3.09%) which is comparable to the rest of the industry.
MFIC's Return On Equity of 7.44% is in line compared to the rest of the industry. MFIC outperforms 48.50% of its industry peers.
MFIC has a worse Return On Invested Capital (3.30%) than 61.80% 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 7.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 7.44% | ||
| ROIC | 3.3% |
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's Profit Margin of 33.21% is fine compared to the rest of the industry. MFIC outperforms 77.68% of its industry peers.
In the last couple of years the Profit Margin of MFIC has grown nicely.
Looking at the Operating Margin, with a value of 44.54%, MFIC is in the better half of the industry, outperforming 78.11% of the companies in the same industry.
In the last couple of years the Operating Margin of MFIC has declined.
MFIC's Gross Margin of 47.68% is in line compared to the rest of the industry. MFIC outperforms 50.64% of its industry peers.
In the last couple of years the Gross Margin of MFIC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.54% | ||
| PM (TTM) | 33.21% | ||
| GM | 47.68% |
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
The number of shares outstanding for MFIC has been increased compared to 1 year ago.
MFIC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MFIC has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.11, we must say that MFIC is in the distress zone and has some risk of bankruptcy.
MFIC's Altman-Z score of 0.11 is on the low side compared to the rest of the industry. MFIC is outperformed by 75.54% of its industry peers.
A Debt/Equity ratio of 1.39 is on the high side and indicates that MFIC has dependencies on debt financing.
The Debt to Equity ratio of MFIC (1.39) is worse than 66.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.11 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MFIC has a Current Ratio of 4.92. This indicates that MFIC is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 4.92, MFIC belongs to the best of the industry, outperforming 85.41% of the companies in the same industry.
MFIC has a Quick Ratio of 4.92. This indicates that MFIC is financially healthy and has no problem in meeting its short term obligations.
MFIC's Quick ratio of 4.92 is amongst the best of the industry. MFIC outperforms 85.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.92 | ||
| Quick Ratio | 4.92 |
3. Growth
3.1 Past
MFIC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.21%.
The Earnings Per Share has been decreasing by -1.01% on average over the past years.
MFIC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.66%.
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)-6.21%
EPS 3Y0.98%
EPS 5Y-1.01%
EPS Q2Q%-15.91%
Revenue 1Y (TTM)12.66%
Revenue growth 3Y11.67%
Revenue growth 5Y3.42%
Sales Q2Q%15.17%
3.2 Future
Based on estimates for the next years, MFIC will show a decrease in Earnings Per Share. The EPS will decrease by -3.59% on average per year.
Based on estimates for the next years, MFIC will show a small growth in Revenue. The Revenue will grow by 0.98% on average per year.
EPS Next Y-11.63%
EPS Next 2Y-5.99%
EPS Next 3Y-3.59%
EPS Next 5YN/A
Revenue Next Year6.04%
Revenue Next 2Y3.08%
Revenue Next 3Y0.98%
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.
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
A Price/Earnings ratio of 7.93 indicates a rather cheap valuation of MFIC.
Compared to the rest of the industry, the Price/Earnings ratio of MFIC indicates a rather cheap valuation: MFIC is cheaper than 85.41% of the companies listed in the same industry.
MFIC is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.61, the valuation of MFIC can be described as reasonable.
84.55% of the companies in the same industry are more expensive than MFIC, based on the Price/Forward Earnings ratio.
MFIC is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.93 | ||
| Fwd PE | 8.61 |
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 -3.59% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.99%
EPS Next 3Y-3.59%
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 8.10.
MFIC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| 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 145.15% 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.
DP145.15%
EPS Next 2Y-5.99%
EPS Next 3Y-3.59%
13.16
+0.14 (+1.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners31.28%
Inst Owner ChangeN/A
Ins Owners0.8%
Ins Owner Change0.32%
Market Cap1.23B
Analysts77.33
Price Target14.35 (9.04%)
Short Float %0.84%
Short Ratio2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.64% |
Yearly Dividend1.76
Dividend Growth(5Y)-0.67%
DP145.15%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.8%
Min EPS beat(2)-5.37%
Max EPS beat(2)-2.23%
EPS beat(4)2
Avg EPS beat(4)-0.91%
Min EPS beat(4)-5.37%
Max EPS beat(4)2.17%
EPS beat(8)3
Avg EPS beat(8)-0.62%
EPS beat(12)6
Avg EPS beat(12)1.16%
EPS beat(16)8
Avg EPS beat(16)0.98%
Revenue beat(2)0
Avg Revenue beat(2)-7.48%
Min Revenue beat(2)-7.81%
Max Revenue beat(2)-7.14%
Revenue beat(4)0
Avg Revenue beat(4)-8.65%
Min Revenue beat(4)-13.35%
Max Revenue beat(4)-6.31%
Revenue beat(8)1
Avg Revenue beat(8)-4.49%
Revenue beat(12)5
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-1.17%
PT rev (1m)-0.38%
PT rev (3m)-0.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.15%
EPS NY rev (1m)-2.18%
EPS NY rev (3m)-3.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.93 | ||
| Fwd PE | 8.61 | ||
| P/S | 3.93 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.66
EY12.61%
EPS(NY)1.53
Fwd EY11.62%
FCF(TTM)-1.61
FCFYN/A
OCF(TTM)-1.61
OCFYN/A
SpS3.35
BVpS14.93
TBVpS14.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 7.44% | ||
| ROCE | 4.17% | ||
| ROIC | 3.3% | ||
| ROICexc | 3.38% | ||
| ROICexgc | 3.38% | ||
| OM | 44.54% | ||
| PM (TTM) | 33.21% | ||
| GM | 47.68% | ||
| 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-Score3
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.18 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.92 | ||
| Quick Ratio | 4.92 | ||
| Altman-Z | 0.11 |
F-Score3
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)-6.21%
EPS 3Y0.98%
EPS 5Y-1.01%
EPS Q2Q%-15.91%
EPS Next Y-11.63%
EPS Next 2Y-5.99%
EPS Next 3Y-3.59%
EPS Next 5YN/A
Revenue 1Y (TTM)12.66%
Revenue growth 3Y11.67%
Revenue growth 5Y3.42%
Sales Q2Q%15.17%
Revenue Next Year6.04%
Revenue Next 2Y3.08%
Revenue Next 3Y0.98%
Revenue Next 5YN/A
EBIT growth 1Y20.78%
EBIT growth 3Y6.61%
EBIT growth 5Y0.86%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-172.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-172.57%
OCF growth 3YN/A
OCF growth 5YN/A