MSC INCOME FUND INC (MSIF) Stock Fundamental Analysis
USA - NYSE:MSIF - US55374X2080 - Common Stock
13.29 USD
+0.1 (+0.76%)
13.29 USD
0 (0%)
Taking everything into account, MSIF scores 4 out of 10 in our fundamental rating. MSIF was compared to 238 industry peers in the Capital Markets industry. MSIF has a medium profitability rating, but doesn't score so well on its financial health evaluation. MSIF has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MSIF had positive earnings in the past year.
In the past year MSIF has reported a negative cash flow from operations.
In multiple years MSIF reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: MSIF reported negative operating cash flow in multiple years.
1.2 Ratios
MSIF's Return On Assets of 4.64% is fine compared to the rest of the industry. MSIF outperforms 65.55% of its industry peers.
MSIF has a Return On Equity (8.30%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 3.91%, MSIF is in line with its industry, outperforming 53.36% of the companies in the same industry.
MSIF had an Average Return On Invested Capital over the past 3 years of 3.92%. This is below the industry average of 7.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 8.3% | ||
| ROIC | 3.91% |
ROA(3y)4.85%
ROA(5y)N/A
ROE(3y)9.06%
ROE(5y)N/A
ROIC(3y)3.92%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of MSIF (44.18%) is better than 86.55% of its industry peers.
MSIF has a better Operating Margin (46.03%) than 79.83% of its industry peers.
MSIF's Operating Margin has been stable in the last couple of years.
The Gross Margin of MSIF (57.69%) is better than 68.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.03% | ||
| PM (TTM) | 44.18% | ||
| GM | 57.69% |
OM growth 3Y-19.55%
OM growth 5Y1.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for MSIF has been reduced compared to 1 year ago.
Compared to 5 years ago, MSIF has less shares outstanding
MSIF has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that MSIF is in the distress zone and has some risk of bankruptcy.
MSIF has a Altman-Z score (0.86) which is comparable to the rest of the industry.
MSIF has a Debt/Equity ratio of 0.75. This is a neutral value indicating MSIF is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.75, MSIF is in line with its industry, outperforming 58.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.86 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MSIF has a Current Ratio of 0.99. This is a bad value and indicates that MSIF is not financially healthy enough and could expect problems in meeting its short term obligations.
MSIF has a Current ratio (0.99) which is comparable to the rest of the industry.
MSIF has a Quick Ratio of 0.99. This is a bad value and indicates that MSIF is not financially healthy enough and could expect problems in meeting its short term obligations.
MSIF has a Quick ratio (0.99) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
MSIF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 70.67%, which is quite impressive.
MSIF shows a small growth in Revenue. In the last year, the Revenue has grown by 2.62%.
MSIF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.62% yearly.
EPS 1Y (TTM)70.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%53.39%
Revenue 1Y (TTM)2.62%
Revenue growth 3Y15.63%
Revenue growth 5Y7.62%
Sales Q2Q%4.99%
3.2 Future
MSIF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.97% yearly.
The Revenue is expected to grow by 9.27% on average over the next years. This is quite good.
EPS Next Y3.18%
EPS Next 2Y2.79%
EPS Next 3Y2.97%
EPS Next 5YN/A
Revenue Next Year10.1%
Revenue Next 2Y10.16%
Revenue Next 3Y9.27%
Revenue Next 5YN/A
3.3 Evolution
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
Based on the Price/Earnings ratio of 7.91, the valuation of MSIF can be described as very cheap.
79.83% of the companies in the same industry are more expensive than MSIF, based on the Price/Earnings ratio.
MSIF's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.86.
Based on the Price/Forward Earnings ratio of 8.72, the valuation of MSIF can be described as reasonable.
Based on the Price/Forward Earnings ratio, MSIF is valued a bit cheaper than the industry average as 78.99% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.32. MSIF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 8.72 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MSIF does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.49
PEG (5Y)N/A
EPS Next 2Y2.79%
EPS Next 3Y2.97%
5. Dividend
5.1 Amount
MSIF has a Yearly Dividend Yield of 10.61%, which is a nice return.
MSIF's Dividend Yield is a higher than the industry average which is at 8.50.
MSIF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.61% |
5.2 History
MSIF has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
MSIF pays out 70.37% of its income as dividend. This is not a sustainable payout ratio.
DP70.37%
EPS Next 2Y2.79%
EPS Next 3Y2.97%
13.29
+0.1 (+0.76%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners5.49%
Inst Owner Change0%
Ins Owners0.42%
Ins Owner Change11%
Market Cap630.48M
Analysts75
Price Target17.09 (28.59%)
Short Float %0.12%
Short Ratio0.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.61% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP70.37%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.11%
Min EPS beat(2)-4.24%
Max EPS beat(2)4.45%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-4.22%
Min Revenue beat(2)-5.22%
Max Revenue beat(2)-3.23%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.29%
PT rev (3m)-4.29%
EPS NQ rev (1m)-1.56%
EPS NQ rev (3m)-2.27%
EPS NY rev (1m)0.86%
EPS NY rev (3m)-0.79%
Revenue NQ rev (1m)-5.74%
Revenue NQ rev (3m)-5.15%
Revenue NY rev (1m)-2.89%
Revenue NY rev (3m)-3.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 8.72 | ||
| P/S | 4.64 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.68
EY12.64%
EPS(NY)1.52
Fwd EY11.47%
FCF(TTM)-0.59
FCFYN/A
OCF(TTM)-0.59
OCFYN/A
SpS2.86
BVpS15.24
TBVpS15.24
PEG (NY)2.49
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 8.3% | ||
| ROCE | 4.96% | ||
| ROIC | 3.91% | ||
| ROICexc | 4% | ||
| ROICexgc | 4% | ||
| OM | 46.03% | ||
| PM (TTM) | 44.18% | ||
| GM | 57.69% | ||
| FCFM | N/A |
ROA(3y)4.85%
ROA(5y)N/A
ROE(3y)9.06%
ROE(5y)N/A
ROIC(3y)3.92%
ROIC(5y)N/A
ROICexc(3y)4.02%
ROICexc(5y)N/A
ROICexgc(3y)4.02%
ROICexgc(5y)N/A
ROCE(3y)4.97%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-19.55%
OM growth 5Y1.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.72 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 0.86 |
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)70.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%53.39%
EPS Next Y3.18%
EPS Next 2Y2.79%
EPS Next 3Y2.97%
EPS Next 5YN/A
Revenue 1Y (TTM)2.62%
Revenue growth 3Y15.63%
Revenue growth 5Y7.62%
Sales Q2Q%4.99%
Revenue Next Year10.1%
Revenue Next 2Y10.16%
Revenue Next 3Y9.27%
Revenue Next 5YN/A
EBIT growth 1Y-0.6%
EBIT growth 3Y-6.98%
EBIT growth 5Y8.94%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-155.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-155.9%
OCF growth 3YN/A
OCF growth 5YN/A