Middlefield Banc Corp. (MBCN)

Middlefield Banc Statistics

Total Valuation

MBCN has a market cap or net worth of $248.83 million.

Market Cap	248.83M
Enterprise Value	n/a

Important Dates

The last earnings date was Thursday, October 17, 2024, after market close.

Earnings Date	Oct 17, 2024
Ex-Dividend Date	Aug 30, 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 (%)	26.23%
Float	7.14M

Valuation Ratios

The trailing PE ratio is 17.53 and the forward PE ratio is 17.18.

PE Ratio	17.53
Forward PE	17.18
PS Ratio	3.85
Forward PS	3.50
PB Ratio	1.18
P/TBV Ratio	1.48
P/FCF Ratio	11.24
P/OCF Ratio	11.04
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

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 increased by +6.46% in the last 52 weeks. The beta is 0.69, so MBCN's price volatility has been lower than the market average.

Beta (5Y)	0.69
52-Week Price Change	+6.46%
50-Day Moving Average	29.17
200-Day Moving Average	25.09
Relative Strength Index (RSI)	56.19
Average Volume (20 Days)	11,971

Short Selling Information

The latest short interest is 127,133, so 1.58% of the outstanding shares have been sold short.

Short Interest	127,133
Short Previous Month	141,094
Short % of Shares Out	1.58%
Short % of Float	1.78%
Short Ratio (days to cover)	13.21

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

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

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

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	30.00%

Dividends & Yields

This stock pays an annual dividend of $0.80, which amounts to a dividend yield of 2.60%.

Dividend Per Share	$0.80
Dividend Yield	2.60%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	2
Payout Ratio	45.48%
Buyback Yield	-4.76%
Shareholder Yield	-2.16%
Earnings Yield	5.71%
FCF Yield	8.90%

Analyst Forecast

The average price target for MBCN is $25.00, which is -18.91% lower than the current price. The consensus rating is "Hold".

Price Target	$25.00
Price Target Difference	-18.91%
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