MSC INCOME FUND INC (MSIF) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSIF - US55374X2080 - Common Stock
13.19 USD
-0.09 (-0.68%)
13.19 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to MSIF. 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
- In the past year MSIF was profitable.
- MSIF had a negative operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: MSIF reported negative net income in multiple years.
- In multiple years MSIF reported negative operating cash flow during the last 5 years.
1.2 Ratios
- MSIF's Return On Assets of 6.10% is fine compared to the rest of the industry. MSIF outperforms 73.95% of its industry peers.
- The Return On Equity of MSIF (10.78%) is better than 62.18% of its industry peers.
- MSIF has a Return On Invested Capital (4.09%) which is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for MSIF is below the industry average of 7.27%.
- The last Return On Invested Capital (4.09%) for MSIF is above the 3 year average (3.92%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.1% | ||
| ROE | 10.78% | ||
| ROIC | 4.09% |
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
- MSIF has a better Profit Margin (57.49%) than 92.02% of its industry peers.
- Looking at the Operating Margin, with a value of 47.46%, MSIF belongs to the top of the industry, outperforming 84.03% of the companies in the same industry.
- In the last couple of years the Operating Margin of MSIF has remained more or less at the same level.
- The Gross Margin of MSIF (59.87%) is better than 68.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.46% | ||
| PM (TTM) | 57.49% | ||
| GM | 59.87% |
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.
- A Debt/Equity ratio of 0.72 indicates that MSIF is somewhat dependend on debt financing.
- MSIF has a Debt to Equity ratio (0.72) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.86 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- MSIF has a Current Ratio of 0.65. This is a bad value and indicates that MSIF is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.65, MSIF is doing worse than 68.07% of the companies in the same industry.
- A Quick Ratio of 0.65 indicates that MSIF may have some problems paying its short term obligations.
- MSIF has a Quick ratio of 0.65. This is in the lower half of the industry: MSIF underperforms 67.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 70.67% over the past year.
- The Revenue has been growing slightly by 2.62% in the past year.
- 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%510.89%
Revenue 1Y (TTM)2.62%
Revenue growth 3Y15.63%
Revenue growth 5Y7.62%
Sales Q2Q%5.65%
3.2 Future
- The Earnings Per Share is expected to grow by 3.23% on average over the next years.
- Based on estimates for the next years, MSIF will show a quite strong growth in Revenue. The Revenue will grow by 9.30% on average per year.
EPS Next Y4.8%
EPS Next 2Y2.76%
EPS Next 3Y3.23%
EPS Next 5YN/A
Revenue Next Year9.98%
Revenue Next 2Y10.52%
Revenue Next 3Y9.3%
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
- The Price/Earnings ratio is 9.22, which indicates a very decent valuation of MSIF.
- 73.53% of the companies in the same industry are more expensive than MSIF, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of MSIF to the average of the S&P500 Index (27.21), we can say MSIF is valued rather cheaply.
- With a Price/Forward Earnings ratio of 8.65, the valuation of MSIF can be described as very reasonable.
- MSIF's Price/Forward Earnings ratio is rather cheap when compared to the industry. MSIF is cheaper than 82.77% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of MSIF to the average of the S&P500 Index (24.26), we can say MSIF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 8.65 |
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 an expensive valuation of the company.
PEG (NY)1.92
PEG (5Y)N/A
EPS Next 2Y2.76%
EPS Next 3Y3.23%
5. Dividend
5.1 Amount
- MSIF has a Yearly Dividend Yield of 10.38%, which is a nice return.
- MSIF's Dividend Yield is a higher than the industry average which is at 6.03.
- Compared to an average S&P500 Dividend Yield of 1.81, MSIF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.38% |
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
- 56.38% of the earnings are spent on dividend by MSIF. This is a bit on the high side, but may be sustainable.
DP56.38%
EPS Next 2Y2.76%
EPS Next 3Y3.23%
MSC INCOME FUND INC / MSIF FAQ
What is the fundamental rating for MSIF stock?
ChartMill assigns a fundamental rating of 4 / 10 to MSIF.
What is the valuation status for MSIF stock?
ChartMill assigns a valuation rating of 4 / 10 to MSC INCOME FUND INC (MSIF). This can be considered as Fairly Valued.
Can you provide the profitability details for MSC INCOME FUND INC?
MSC INCOME FUND INC (MSIF) has a profitability rating of 5 / 10.
What is the valuation of MSC INCOME FUND INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MSC INCOME FUND INC (MSIF) is 9.22 and the Price/Book (PB) ratio is 0.84.
Is the dividend of MSC INCOME FUND INC sustainable?
The dividend rating of MSC INCOME FUND INC (MSIF) is 5 / 10 and the dividend payout ratio is 56.38%.