Middlefield Banc Corp. (MBCN)

Middlefield Banc Statistics

Total Valuation

MBCN has a market cap or net worth of $196.94 million. The enterprise value is $325.62 million.

Market Cap	196.94M
Enterprise Value	325.62M

Important Dates

The next estimated earnings date is Tuesday, April 29, 2025, before market open.

Earnings Date	Apr 29, 2025
Ex-Dividend Date	Feb 28, 2025

Share Statistics

MBCN has 8.08 million shares outstanding. The number of shares has decreased by -0.49% in one year.

Current Share Class	8.08M
Shares Outstanding	8.08M
Shares Change (YoY)	-0.49%
Shares Change (QoQ)	+0.07%
Owned by Insiders (%)	4.16%
Owned by Institutions (%)	26.84%
Float	7.16M

Valuation Ratios

The trailing PE ratio is 12.69 and the forward PE ratio is 12.58.

PE Ratio	12.69
Forward PE	12.58
PS Ratio	2.99
Forward PS	2.70
PB Ratio	0.93
P/TBV Ratio	1.17
P/FCF Ratio	11.80
P/OCF Ratio	11.27
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	20.98
EV / Sales	4.94
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	19.51

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	11.05
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 7.46%.

Return on Equity (ROE)	7.46%
Return on Assets (ROA)	0.84%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$267,825
Profits Per Employee	$63,085
Employee Count	246
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, MBCN has paid $2.83 million in taxes.

Income Tax	2.83M
Effective Tax Rate	15.40%

Stock Price Statistics

The stock price has increased by +4.00% in the last 52 weeks. The beta is 0.41, so MBCN's price volatility has been lower than the market average.

Beta (5Y)	0.41
52-Week Price Change	+4.00%
50-Day Moving Average	25.87
200-Day Moving Average	27.08
Relative Strength Index (RSI)	45.75
Average Volume (20 Days)	8,827

Short Selling Information

The latest short interest is 61,303, so 0.76% of the outstanding shares have been sold short.

Short Interest	61,303
Short Previous Month	56,722
Short % of Shares Out	0.76%
Short % of Float	0.86%
Short Ratio (days to cover)	7.87

Income Statement

In the last 12 months, MBCN had revenue of $65.89 million and earned $15.52 million in profits. Earnings per share was $1.92.

Revenue	65.89M
Gross Profit	65.89M
Operating Income	20.73M
Pretax Income	19.81M
Net Income	15.52M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.92

Balance Sheet

The company has $55.79 million in cash and $184.47 million in debt, giving a net cash position of -$128.67 million or -$15.92 per share.

Cash & Cash Equivalents	55.79M
Total Debt	184.47M
Net Cash	-128.67M
Net Cash Per Share	-$15.92
Equity (Book Value)	210.56M
Book Value Per Share	26.08
Working Capital	-1.56B

Cash Flow

In the last 12 months, operating cash flow was $17.47 million and capital expenditures -$776,000, giving a free cash flow of $16.69 million.

Operating Cash Flow	17.47M
Capital Expenditures	-776,000
Free Cash Flow	16.69M
FCF Per Share	$2.07

Margins

Gross Margin	n/a
Operating Margin	31.46%
Pretax Margin	27.84%
Profit Margin	23.55%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	25.34%

Dividends & Yields

This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 3.59%.

Dividend Per Share	$0.84
Dividend Yield	3.59%
Dividend Growth (YoY)	-4.71%
Years of Dividend Growth	n/a
Payout Ratio	43.75%
Buyback Yield	0.49%
Shareholder Yield	4.08%
Earnings Yield	7.88%
FCF Yield	8.48%

Analyst Forecast

The average price target for MBCN is $32.00, which is 36.81% higher than the current price. The consensus rating is "Hold".

Price Target	$32.00
Price Target Difference	36.81%
Analyst Consensus	Hold
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on November 12, 2019. It was a forward split with a ratio of 2:1.

Last Split Date	Nov 12, 2019
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4