MIDLAND STATES BANCORP INC (MSBI) Stock Fundamental Analysis
USA - NASDAQ:MSBI - US5977421057 - Common Stock
15.83 USD
+0.22 (+1.41%)
15.83 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to MSBI. MSBI was compared to 391 industry peers in the Banks industry. MSBI has a bad profitability rating. Also its financial health evaluation is rather negative. MSBI has a decent growth rate and is not valued too expensively. MSBI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
MSBI had negative earnings in the past year.
In the past year MSBI had a positive cash flow from operations.
MSBI had positive earnings in each of the past 5 years.
In the past 5 years MSBI always reported a positive cash flow from operatings.
1.2 Ratios
MSBI has a Return On Assets of -1.70%. This is amonst the worse of the industry: MSBI underperforms 96.42% of its industry peers.
MSBI has a Return On Equity of -21.08%. This is amonst the worse of the industry: MSBI underperforms 96.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.7% | ||
| ROE | -21.08% | ||
| ROIC | N/A |
ROA(3y)0.75%
ROA(5y)0.73%
ROE(3y)7.91%
ROE(5y)7.89%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MSBI's Profit Margin has declined in the last couple of years.
The Profit Margin and Operating Margin and Gross Margin are not available for MSBI so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-35.9%
PM growth 5Y-18.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MSBI does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MSBI has been reduced compared to 1 year ago.
MSBI has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MSBI has a worse debt to assets ratio.
2.2 Solvency
MSBI has a debt to FCF ratio of 0.78. This is a very positive value and a sign of high solvency as it would only need 0.78 years to pay back of all of its debts.
MSBI has a better Debt to FCF ratio (0.78) than 77.24% of its industry peers.
MSBI has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.24, MSBI is doing worse than 63.17% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for MSBI, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.78 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC20.2%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for MSBI have decreased strongly by -121.21% in the last year.
MSBI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.23% yearly.
MSBI shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.47%.
MSBI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.19% yearly.
EPS 1Y (TTM)-121.21%
EPS 3Y-28.26%
EPS 5Y-10.23%
EPS Q2Q%120%
Revenue 1Y (TTM)28.47%
Revenue growth 3Y10.55%
Revenue growth 5Y7.19%
Sales Q2Q%13.09%
3.2 Future
MSBI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 63.90% yearly.
MSBI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.09% yearly.
EPS Next Y424.21%
EPS Next 2Y142.12%
EPS Next 3Y63.9%
EPS Next 5YN/A
Revenue Next Year6.33%
Revenue Next 2Y2.89%
Revenue Next 3Y-0.09%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for MSBI. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 5.86, the valuation of MSBI can be described as very cheap.
Based on the Price/Forward Earnings ratio, MSBI is valued cheaper than 95.40% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.94. MSBI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.86 |
4.2 Price Multiples
MSBI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MSBI is cheaper than 99.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.93 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MSBI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MSBI's earnings are expected to grow with 63.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y142.12%
EPS Next 3Y63.9%
5. Dividend
5.1 Amount
MSBI has a Yearly Dividend Yield of 8.07%, which is a nice return.
MSBI's Dividend Yield is rather good when compared to the industry average which is at 3.56. MSBI pays more dividend than 98.21% of the companies in the same industry.
MSBI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.07% |
5.2 History
The dividend of MSBI is nicely growing with an annual growth rate of 11.10%!
MSBI has been paying a dividend for at least 10 years, so it has a reliable track record.
As MSBI did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)11.1%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
The earnings of MSBI are negative and hence is the payout ratio. MSBI will probably not be able to sustain this dividend level.
The dividend of MSBI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-29.79%
EPS Next 2Y142.12%
EPS Next 3Y63.9%
15.83
+0.22 (+1.41%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners66.46%
Inst Owner Change-0.04%
Ins Owners3.82%
Ins Owner Change0.85%
Market Cap340.98M
Analysts50
Price Target20.4 (28.87%)
Short Float %2.12%
Short Ratio3.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.07% |
Yearly Dividend1.67
Dividend Growth(5Y)11.1%
DP-29.79%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-15.11%
Min EPS beat(2)-31.39%
Max EPS beat(2)1.16%
EPS beat(4)2
Avg EPS beat(4)-108%
Min EPS beat(4)-414.99%
Max EPS beat(4)13.22%
EPS beat(8)3
Avg EPS beat(8)-72.07%
EPS beat(12)7
Avg EPS beat(12)-43.81%
EPS beat(16)11
Avg EPS beat(16)-31.47%
Revenue beat(2)1
Avg Revenue beat(2)2.55%
Min Revenue beat(2)-1.9%
Max Revenue beat(2)7%
Revenue beat(4)2
Avg Revenue beat(4)1.38%
Min Revenue beat(4)-1.9%
Max Revenue beat(4)7%
Revenue beat(8)4
Avg Revenue beat(8)0.42%
Revenue beat(12)5
Avg Revenue beat(12)1.16%
Revenue beat(16)6
Avg Revenue beat(16)0.63%
PT rev (1m)1.69%
PT rev (3m)2.56%
EPS NQ rev (1m)3.95%
EPS NQ rev (3m)-1.25%
EPS NY rev (1m)-10.4%
EPS NY rev (3m)-10.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.86 | ||
| P/S | 0.89 | ||
| P/FCF | 1.93 | ||
| P/OCF | 1.85 | ||
| P/B | 0.59 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.42
EYN/A
EPS(NY)2.7
Fwd EY17.08%
FCF(TTM)8.18
FCFY51.69%
OCF(TTM)8.56
OCFY54.06%
SpS17.81
BVpS26.63
TBVpS25.01
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.7% | ||
| ROE | -21.08% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 45.96% |
ROA(3y)0.75%
ROA(5y)0.73%
ROE(3y)7.91%
ROE(5y)7.89%
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 3Y-35.9%
PM growth 5Y-18.2%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.78 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 79.8% | ||
| Cap/Sales | 2.1% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC20.2%
ROIC/WACCN/A
Cap/Depr(3y)55.59%
Cap/Depr(5y)40.13%
Cap/Sales(3y)1.77%
Cap/Sales(5y)1.46%
Profit Quality(3y)372.87%
Profit Quality(5y)751.42%
High Growth Momentum
Growth
EPS 1Y (TTM)-121.21%
EPS 3Y-28.26%
EPS 5Y-10.23%
EPS Q2Q%120%
EPS Next Y424.21%
EPS Next 2Y142.12%
EPS Next 3Y63.9%
EPS Next 5YN/A
Revenue 1Y (TTM)28.47%
Revenue growth 3Y10.55%
Revenue growth 5Y7.19%
Sales Q2Q%13.09%
Revenue Next Year6.33%
Revenue Next 2Y2.89%
Revenue Next 3Y-0.09%
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 1Y29.8%
FCF growth 3Y-20.03%
FCF growth 5Y-20.47%
OCF growth 1Y28.8%
OCF growth 3Y-19.18%
OCF growth 5Y-20%