MIDWESTONE FINANCIAL GROUP I (MOFG)
US5985111039 - Common Stock
We assign a fundamental rating of 3 out of 10 to MOFG. MOFG was compared to 411 industry peers in the Banks industry. MOFG may be in some trouble as it scores bad on both profitability and health. MOFG has a valuation in line with the averages, but it does not seem to be growing. MOFG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year MOFG was profitable.
In the past year MOFG had a positive cash flow from operations.
MOFG had positive earnings in each of the past 5 years.
MOFG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.32%, MOFG is not doing good in the industry: 86.86% of the companies in the same industry are doing better.
MOFG's Return On Equity of 3.98% is on the low side compared to the rest of the industry. MOFG is outperformed by 83.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.32% | ||
| ROE | 3.98% | ||
| ROIC | N/A |
ROA(3y)0.8%
ROA(5y)0.69%
ROE(3y)9.83%
ROE(5y)7.87%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of MOFG (12.83%) is worse than 82.73% of its industry peers.
In the last couple of years the Profit Margin of MOFG has declined.
The Operating Margin and Gross Margin are not available for MOFG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 12.83% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y55.01%
PM growth 5Y-11.52%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MOFG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MOFG has more shares outstanding
Compared to 5 years ago, MOFG has more shares outstanding
The debt/assets ratio for MOFG has been reduced compared to a year ago.
2.2 Solvency
MOFG has a debt to FCF ratio of 2.09. This is a good value and a sign of high solvency as MOFG would need 2.09 years to pay back of all of its debts.
MOFG has a Debt to FCF ratio of 2.09. This is comparable to the rest of the industry: MOFG outperforms 56.20% of its industry peers.
MOFG has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.23, MOFG is in line with its industry, outperforming 49.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.09 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.16%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MOFG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -47.17%.
The Earnings Per Share has been decreasing by -0.08% on average over the past years.
The Revenue for MOFG has decreased by -14.87% in the past year. This is quite bad
Measured over the past years, MOFG shows a small growth in Revenue. The Revenue has been growing by 4.82% on average per year.
EPS 1Y (TTM)-47.17%
EPS 3Y1.24%
EPS 5Y-0.08%
EPS growth Q2Q-70.83%
Revenue 1Y (TTM)-14.87%
Revenue growth 3Y-5.32%
Revenue growth 5Y4.82%
Revenue growth Q2Q10.99%
3.2 Future
The Earnings Per Share is expected to grow by 7.47% on average over the next years.
The Revenue is expected to grow by 6.88% on average over the next years.
EPS Next Y-13.65%
EPS Next 2Y7.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.84%
Revenue Next 2Y6.88%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.16 indicates a reasonable valuation of MOFG.
The rest of the industry has a similar Price/Earnings ratio as MOFG.
Compared to an average S&P500 Price/Earnings ratio of 28.15, MOFG is valued rather cheaply.
MOFG is valuated cheaply with a Price/Forward Earnings ratio of 7.67.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MOFG indicates a rather cheap valuation: MOFG is cheaper than 81.51% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of MOFG to the average of the S&P500 Index (20.20), we can say MOFG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.16 | ||
| Fwd PE | 7.67 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MOFG indicates a rather cheap valuation: MOFG is cheaper than 85.40% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.89 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.47%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MOFG has a Yearly Dividend Yield of 4.41%, which is a nice return.
Compared to an average industry Dividend Yield of 3.69, MOFG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, MOFG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
5.2 History
The dividend of MOFG has a limited annual growth rate of 4.54%.
MOFG has been paying a dividend for at least 10 years, so it has a reliable track record.
MOFG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.54%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
72.94% of the earnings are spent on dividend by MOFG. This is not a sustainable payout ratio.
The dividend of MOFG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP72.94%
EPS Next 2Y7.47%
EPS Next 3YN/A
MIDWESTONE FINANCIAL GROUP I
NASDAQ:MOFG (5/17/2024, 7:14:07 PM)
After market: 21.87 0 (0%)21.87
+0.37 (+1.72%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap344.45M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.16 | ||
| Fwd PE | 7.67 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.32% | ||
| ROE | 3.98% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 12.83% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-47.17%
EPS 3Y1.24%
EPS 5Y
EPS growth Q2Q
EPS Next Y-13.65%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-14.87%
Revenue growth 3Y-5.32%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y