Middlefield Banc Statistics

Total Valuation

MBCN has a market cap or net worth of $231.88 million. The enterprise value is $275.72 million.

Market Cap	231.88M
Enterprise Value	275.72M

Important Dates

The next estimated earnings date is Friday, January 24, 2025, before market open.

Earnings Date	Jan 24, 2025
Ex-Dividend Date	Nov 29, 2024

Share Statistics

MBCN has 8.07 million shares outstanding. The number of shares has increased by 4.76% in one year.

Current Share Class	8.07M
Shares Outstanding	8.07M
Shares Change (YoY)	+4.76%
Shares Change (QoQ)	+0.18%
Owned by Insiders (%)	4.25%
Owned by Institutions (%)	26.08%
Float	7.14M

Valuation Ratios

The trailing PE ratio is 16.33 and the forward PE ratio is 16.01.

PE Ratio	16.33
Forward PE	16.01
PS Ratio	3.59
Forward PS	3.26
PB Ratio	1.10
P/TBV Ratio	1.38
P/FCF Ratio	10.47
P/OCF Ratio	10.28
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	19.40
EV / Sales	4.26
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	12.45

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	5.32
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 7.03%.

Return on Equity (ROE)	7.03%
Return on Assets (ROA)	0.78%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$252,594
Profits Per Employee	$55,523
Employee Count	256
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, MBCN has paid $2.54 million in taxes.

Income Tax	2.54M
Effective Tax Rate	15.16%

Stock Price Statistics

The stock price has decreased by -17.49% in the last 52 weeks. The beta is 0.70, so MBCN's price volatility has been lower than the market average.

Beta (5Y)	0.70
52-Week Price Change	-17.49%
50-Day Moving Average	30.09
200-Day Moving Average	25.71
Relative Strength Index (RSI)	32.96
Average Volume (20 Days)	11,921

Short Selling Information

The latest short interest is 111,173, so 1.38% of the outstanding shares have been sold short.

Short Interest	111,173
Short Previous Month	121,014
Short % of Shares Out	1.38%
Short % of Float	1.56%
Short Ratio (days to cover)	9.26

Income Statement

In the last 12 months, MBCN had revenue of $64.66 million and earned $14.21 million in profits. Earnings per share was $1.76.

Revenue	64.66M
Gross Profit	64.66M
Operating Income	19.20M
Pretax Income	19.81M
Net Income	14.21M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.76

Full Income Statement

Balance Sheet

The company has $73.87 million in cash and $117.71 million in debt, giving a net cash position of -$43.84 million or -$5.43 per share.

Cash & Cash Equivalents	73.87M
Total Debt	117.71M
Net Cash	-43.84M
Net Cash Per Share	-$5.43
Equity (Book Value)	210.71M
Book Value Per Share	26.11
Working Capital	-1.55B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $22.55 million and capital expenditures -$406,000, giving a free cash flow of $22.14 million.

Operating Cash Flow	22.55M
Capital Expenditures	-406,000
Free Cash Flow	22.14M
FCF Per Share	$2.74

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	29.69%
Pretax Margin	25.91%
Profit Margin	21.98%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	34.24%

Dividends & Yields

This stock pays an annual dividend of $0.80, which amounts to a dividend yield of 2.79%.

Dividend Per Share	$0.80
Dividend Yield	2.79%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	2
Payout Ratio	45.48%
Buyback Yield	-4.76%
Shareholder Yield	-1.97%
Earnings Yield	6.13%
FCF Yield	9.55%

Dividend Details

Analyst Forecast

The average price target for MBCN is $32.00, which is 11.38% higher than the current price. The consensus rating is "Hold".

Price Target	$32.00
Price Target Difference	11.38%
Analyst Consensus	Hold
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

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