MID PENN BANCORP INC (MPB) Stock Fundamental Analysis
NASDAQ:MPB - Nasdaq - US59540G1076 - Common Stock - Currency: USD
MPB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 395 industry peers in the Banks industry. There are concerns on the financial health of MPB while its profitability can be described as average. MPB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MPB had positive earnings in the past year.
MPB had a positive operating cash flow in the past year.
MPB had positive earnings in each of the past 5 years.
Each year in the past 5 years MPB had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.92%, MPB is in line with its industry, outperforming 58.73% of the companies in the same industry.
MPB has a Return On Equity of 7.64%. This is comparable to the rest of the industry: MPB outperforms 44.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.92% | ||
| ROE | 7.64% | ||
| ROIC | N/A |
ROA(3y)0.94%
ROA(5y)0.87%
ROE(3y)8.38%
ROE(5y)8.27%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MPB has a better Profit Margin (27.65%) than 75.95% of its industry peers.
MPB's Profit Margin has improved in the last couple of years.
MPB 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) | 27.65% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y7%
PM growth 5Y5.21%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MPB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MPB has been increased compared to 1 year ago.
Compared to 5 years ago, MPB has more shares outstanding
The debt/assets ratio for MPB has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of MPB is 1.79, which is an excellent value as it means it would take MPB, only 1.79 years of fcf income to pay off all of its debts.
MPB has a Debt to FCF ratio of 1.79. This is comparable to the rest of the industry: MPB outperforms 54.18% of its industry peers.
MPB has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
MPB's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. MPB outperforms 66.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.79 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.77%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.67% over the past year.
The Earnings Per Share has been growing slightly by 6.77% on average over the past years.
The Revenue has grown by 9.31% in the past year. This is quite good.
MPB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.72% yearly.
EPS 1Y (TTM)6.67%
EPS 3Y-0.9%
EPS 5Y6.77%
EPS Q2Q%-2.74%
Revenue 1Y (TTM)9.31%
Revenue growth 3Y11.26%
Revenue growth 5Y16.72%
Sales Q2Q%12.9%
3.2 Future
Based on estimates for the next years, MPB will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.80% on average per year.
The Revenue is expected to grow by 18.54% on average over the next years. This is quite good.
EPS Next Y-13.73%
EPS Next 2Y8.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year23.53%
Revenue Next 2Y18.54%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.25, the valuation of MPB can be described as reasonable.
MPB's Price/Earnings ratio is rather cheap when compared to the industry. MPB is cheaper than 84.05% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.25. MPB is valued rather cheaply when compared to this.
MPB is valuated cheaply with a Price/Forward Earnings ratio of 7.76.
MPB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MPB is cheaper than 79.75% of the companies in the same industry.
MPB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.15.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.25 | ||
| Fwd PE | 7.76 |
4.2 Price Multiples
MPB's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MPB is more expensive than 64.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.19 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.37
EPS Next 2Y8.8%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.98%, MPB has a reasonable but not impressive dividend return.
MPB's Dividend Yield is comparable with the industry average which is at 3.44.
Compared to an average S&P500 Dividend Yield of 2.38, MPB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
5.2 History
The dividend of MPB decreases each year by -0.45%.
MPB has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of MPB decreased in the last 3 years.
Dividend Growth(5Y)-0.45%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
MPB pays out 28.17% of its income as dividend. This is a sustainable payout ratio.
DP28.17%
EPS Next 2Y8.8%
EPS Next 3YN/A
26.65
-0.24 (-0.89%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners52.15%
Inst Owner Change-0.25%
Ins Owners3.73%
Ins Owner Change7.16%
Market Cap626.27M
Analysts82.86
Price Target35.7 (33.96%)
Short Float %3.32%
Short Ratio5.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
Yearly Dividend0.77
Dividend Growth(5Y)-0.45%
DP28.17%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.93%
Min EPS beat(2)-0.06%
Max EPS beat(2)7.93%
EPS beat(4)3
Avg EPS beat(4)6.61%
Min EPS beat(4)-0.06%
Max EPS beat(4)15.87%
EPS beat(8)5
Avg EPS beat(8)7.16%
EPS beat(12)8
Avg EPS beat(12)5.29%
EPS beat(16)11
Avg EPS beat(16)11.2%
Revenue beat(2)2
Avg Revenue beat(2)1.74%
Min Revenue beat(2)1.66%
Max Revenue beat(2)1.82%
Revenue beat(4)4
Avg Revenue beat(4)2.13%
Min Revenue beat(4)0.87%
Max Revenue beat(4)4.17%
Revenue beat(8)7
Avg Revenue beat(8)1.14%
Revenue beat(12)9
Avg Revenue beat(12)0.74%
Revenue beat(16)13
Avg Revenue beat(16)2.48%
PT rev (1m)0%
PT rev (3m)-4.11%
EPS NQ rev (1m)-48.6%
EPS NQ rev (3m)-48.24%
EPS NY rev (1m)-12.58%
EPS NY rev (3m)-12.79%
Revenue NQ rev (1m)3.61%
Revenue NQ rev (3m)3.61%
Revenue NY rev (1m)4.41%
Revenue NY rev (3m)4.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.25 | ||
| Fwd PE | 7.76 | ||
| P/S | 3.39 | ||
| P/FCF | 15.19 | ||
| P/OCF | 12.4 | ||
| P/B | 0.94 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.88
EY10.81%
EPS(NY)3.43
Fwd EY12.88%
FCF(TTM)1.75
FCFY6.58%
OCF(TTM)2.15
OCFY8.06%
SpS7.86
BVpS28.42
TBVpS22.72
PEG (NY)N/A
PEG (5Y)1.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.92% | ||
| ROE | 7.64% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.65% | ||
| GM | N/A | ||
| FCFM | 22.33% |
ROA(3y)0.94%
ROA(5y)0.87%
ROE(3y)8.38%
ROE(5y)8.27%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y7%
PM growth 5Y5.21%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.79 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 137.13% | ||
| Cap/Sales | 5.03% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 80.76% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC19.77%
ROIC/WACCN/A
Cap/Depr(3y)69.11%
Cap/Depr(5y)71.86%
Cap/Sales(3y)2.67%
Cap/Sales(5y)2.83%
Profit Quality(3y)107.72%
Profit Quality(5y)115.15%
High Growth Momentum
Growth
EPS 1Y (TTM)6.67%
EPS 3Y-0.9%
EPS 5Y6.77%
EPS Q2Q%-2.74%
EPS Next Y-13.73%
EPS Next 2Y8.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.31%
Revenue growth 3Y11.26%
Revenue growth 5Y16.72%
Sales Q2Q%12.9%
Revenue Next Year23.53%
Revenue Next 2Y18.54%
Revenue Next 3YN/A
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 1Y-29.21%
FCF growth 3Y-10.68%
FCF growth 5Y62.37%
OCF growth 1Y-18.57%
OCF growth 3Y-7.96%
OCF growth 5Y45.69%