15.98 USD
-0.03 (-0.19%)
15.98 USD
0 (0%)
MRBK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 387 industry peers in the Banks industry. MRBK has a bad profitability rating. Also its financial health evaluation is rather negative. MRBK is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
In the past year MRBK was profitable.
In the past year MRBK had a positive cash flow from operations.
MRBK had positive earnings in each of the past 5 years.
MRBK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.73%, MRBK is doing worse than 63.31% of the companies in the same industry.
MRBK has a Return On Equity of 10.30%. This is in the better half of the industry: MRBK outperforms 65.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.73% | ||
| ROE | 10.3% | ||
| ROIC | N/A |
ROA(3y)0.78%
ROA(5y)1.19%
ROE(3y)10.71%
ROE(5y)14.46%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MRBK has a worse Profit Margin (15.13%) than 77.26% of its industry peers.
MRBK's Profit Margin has been stable in the last couple of years.
MRBK 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) | 15.13% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-14.84%
PM growth 5Y-0.78%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MRBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MRBK has more shares outstanding
Compared to 5 years ago, MRBK has less shares outstanding
MRBK has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of MRBK is 5.09, which is a neutral value as it means it would take MRBK, 5.09 years of fcf income to pay off all of its debts.
MRBK has a Debt to FCF ratio of 5.09. This is in the lower half of the industry: MRBK underperforms 71.32% of its industry peers.
MRBK has a Debt/Equity ratio of 1.06. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.06, MRBK is not doing good in the industry: 85.01% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 5.09 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC22.52%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MRBK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.55%, which is quite impressive.
Measured over the past years, MRBK shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.10% on average per year.
MRBK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.44%.
Measured over the past years, MRBK shows a quite strong growth in Revenue. The Revenue has been growing by 10.11% on average per year.
EPS 1Y (TTM)44.55%
EPS 3Y-38.52%
EPS 5Y-6.1%
EPS Q2Q%38.1%
Revenue 1Y (TTM)19.44%
Revenue growth 3Y-9.41%
Revenue growth 5Y10.11%
Sales Q2Q%13.74%
3.2 Future
MRBK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.87% yearly.
MRBK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.09% yearly.
EPS Next Y47.94%
EPS Next 2Y41.87%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year17.44%
Revenue Next 2Y13.09%
Revenue Next 3YN/A
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.95, the valuation of MRBK can be described as reasonable.
Based on the Price/Earnings ratio, MRBK is valued a bit cheaper than the industry average as 64.34% of the companies are valued more expensively.
MRBK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.31.
A Price/Forward Earnings ratio of 6.67 indicates a rather cheap valuation of MRBK.
93.80% of the companies in the same industry are more expensive than MRBK, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.59. MRBK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 6.67 |
4.2 Price Multiples
MRBK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MRBK is cheaper than 91.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.96 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MRBK's earnings are expected to grow with 41.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y41.87%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.45%, MRBK has a reasonable but not impressive dividend return.
MRBK's Dividend Yield is a higher than the industry average which is at 3.33.
Compared to an average S&P500 Dividend Yield of 2.40, MRBK pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
MRBK has been paying a dividend for over 5 years, so it has already some track record.
The dividend of MRBK decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
30.67% of the earnings are spent on dividend by MRBK. This is a low number and sustainable payout ratio.
DP30.67%
EPS Next 2Y41.87%
EPS Next 3YN/A
15.98
-0.03 (-0.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners62.23%
Inst Owner Change6.24%
Ins Owners10.01%
Ins Owner Change1.24%
Market Cap184.09M
Revenue(TTM)125.19M
Net Income(TTM)18.34M
Analysts82.86
Price Target20.4 (27.66%)
Short Float %1.56%
Short Ratio2.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend0.5
Dividend Growth(5Y)N/A
DP30.67%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-17.31%
Min EPS beat(2)-39.67%
Max EPS beat(2)5.04%
EPS beat(4)2
Avg EPS beat(4)-12.42%
Min EPS beat(4)-39.67%
Max EPS beat(4)17.65%
EPS beat(8)2
Avg EPS beat(8)-18.77%
EPS beat(12)5
Avg EPS beat(12)-11.86%
EPS beat(16)8
Avg EPS beat(16)-5.24%
Revenue beat(2)1
Avg Revenue beat(2)0.23%
Min Revenue beat(2)-4.86%
Max Revenue beat(2)5.32%
Revenue beat(4)3
Avg Revenue beat(4)2.93%
Min Revenue beat(4)-4.86%
Max Revenue beat(4)7.39%
Revenue beat(8)5
Avg Revenue beat(8)0.61%
Revenue beat(12)5
Avg Revenue beat(12)-1.29%
Revenue beat(16)7
Avg Revenue beat(16)-1.54%
PT rev (1m)5.26%
PT rev (3m)5.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)4.61%
EPS NY rev (3m)7.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.36%
Revenue NY rev (3m)3.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 6.67 | ||
| P/S | 1.52 | ||
| P/FCF | 4.96 | ||
| P/OCF | 5.03 | ||
| P/B | 1.03 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.46
EY9.14%
EPS(NY)2.39
Fwd EY14.99%
FCF(TTM)3.22
FCFY20.15%
OCF(TTM)3.18
OCFY19.87%
SpS10.52
BVpS15.45
TBVpS14.83
PEG (NY)0.23
PEG (5Y)N/A
Graham Number22.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.73% | ||
| ROE | 10.3% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 15.13% | ||
| GM | N/A | ||
| FCFM | 30.6% |
ROA(3y)0.78%
ROA(5y)1.19%
ROE(3y)10.71%
ROE(5y)14.46%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-14.84%
PM growth 5Y-0.78%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 5.09 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 66.67% | ||
| Cap/Sales | 0.42% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 202.29% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC22.52%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.64%
Cap/Sales(5y)1.8%
Profit Quality(3y)186.36%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.55%
EPS 3Y-38.52%
EPS 5Y-6.1%
EPS Q2Q%38.1%
EPS Next Y47.94%
EPS Next 2Y41.87%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)19.44%
Revenue growth 3Y-9.41%
Revenue growth 5Y10.11%
Sales Q2Q%13.74%
Revenue Next Year17.44%
Revenue Next 2Y13.09%
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 1Y5.97%
FCF growth 3Y-61.62%
FCF growth 5Y-15.45%
OCF growth 1Y-2.44%
OCF growth 3Y-61.26%
OCF growth 5Y-14.98%
MERIDIAN CORP / MRBK FAQ
What is the fundamental rating for MRBK stock?
ChartMill assigns a fundamental rating of 4 / 10 to MRBK.
What is the valuation status for MRBK stock?
ChartMill assigns a valuation rating of 8 / 10 to MERIDIAN CORP (MRBK). This can be considered as Undervalued.
Can you provide the profitability details for MERIDIAN CORP?
MERIDIAN CORP (MRBK) has a profitability rating of 3 / 10.
What is the earnings growth outlook for MERIDIAN CORP?
The Earnings per Share (EPS) of MERIDIAN CORP (MRBK) is expected to grow by 47.94% in the next year.
Is the dividend of MERIDIAN CORP sustainable?
The dividend rating of MERIDIAN CORP (MRBK) is 4 / 10 and the dividend payout ratio is 30.67%.