Middlefield Banc Corp. (MBCN)
Total Valuation
MBCN has a market cap or net worth of $210.77 million. The enterprise value is $234.02 million.
| Market Cap | 210.77M |
| Enterprise Value | 234.02M |
Important Dates
The next earnings date is Thursday, April 20, 2023, before market open.
| Estimated Earnings Date | Apr 20, 2023 |
| Ex-Dividend Date | Mar 2, 2023 |
Share Statistics
MBCN has 8.09 million shares outstanding. The number of shares has decreased by -3.36% in one year.
| Shares Outstanding | 8.09M |
| Shares Change (YoY) | -3.36% |
| Shares Change (QoQ) | -0.58% |
| Owned by Insiders (%) | 4.52% |
| Owned by Institutions (%) | 26.32% |
| Float | 7.23M |
Valuation Ratios
The trailing PE ratio is 10.06 and the forward PE ratio is 10.49.
| PE Ratio | 10.06 |
| Forward PE | 10.49 |
| PS Ratio | 3.70 |
| Forward PS | 2.72 |
| PB Ratio | 1.07 |
| P/FCF Ratio | 11.95 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.19, with an EV/FCF ratio of 13.26.
| EV / Earnings | 14.93 |
| EV / Sales | 4.11 |
| EV / EBITDA | 11.19 |
| EV / EBIT | 12.39 |
| EV / FCF | 13.26 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.39 |
| Debt / EBITDA | 3.68 |
| Debt / FCF | 4.37 |
Financial Efficiency
Return on equity (ROE) is 10.70% and return on invested capital (ROIC) is 1.40%.
| Return on Equity (ROE) | 10.70% |
| Return on Assets (ROA) | 1.10% |
| Return on Capital (ROIC) | 1.40% |
| Revenue Per Employee | $307,692 |
| Profits Per Employee | $84,719 |
| Employee Count | 185 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MBCN has paid $3.22 million in taxes.
| Income Tax | 3.22M |
| Effective Tax Rate | 17.04% |
Stock Price Statistics
The stock price has increased by +6.33% in the last 52 weeks. The beta is 0.55, so MBCN's price volatility has been lower than the market average.
| Beta (1Y) | 0.55 |
| 52-Week Price Change | +6.33% |
| 50-Day Moving Average | 27.84 |
| 200-Day Moving Average | 27.38 |
| Average Volume (30 Days) | 19,813 |
Short Selling Information
The latest short interest is 13,320, so 0.16% of the outstanding shares have been sold short.
| Short Interest | 13,320 |
| Short Previous Month | 6,712 |
| Short % of Shares Out | 0.16% |
| Short % of Float | 0.18% |
| Short Ratio (days to cover) | 0.43 |
Income Statement
In the last 12 months, MBCN had revenue of $56.92 million and earned $15.67 million in profits. Earnings per share was $2.59.
| Revenue | 56.92M |
| Gross Profit | 56.92M |
| Operating Income | 18.89M |
| Pretax Income | 18.89M |
| Net Income | 15.67M |
| EBITDA | 20.91M |
| EBIT | 18.89M |
| Earnings Per Share (EPS) | $2.59 |
Balance Sheet
The company has $53.81 million in cash and $77.06 million in debt, giving a net cash position of -$23.25 million or -$2.87 per share.
| Cash & Cash Equivalents | 53.81M |
| Total Debt | 77.06M |
| Net Cash | -23.25M |
| Net Cash Per Share | -$2.87 |
| Equity / Book Value | 197.69M |
| Book Value Per Share | 24.43 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $18.36 million and capital expenditures -$719,000, giving a free cash flow of $17.64 million.
| Operating Cash Flow | 18.36M |
| Capital Expenditures | -719,000 |
| Free Cash Flow | 17.64M |
| FCF Per Share | $3.06 |
Margins
Gross margin is 100.00%, with operating and profit margins of 33.19% and 27.53%.
| Gross Margin | 100.00% |
| Operating Margin | 33.19% |
| Pretax Margin | 33.19% |
| Profit Margin | 27.53% |
| EBITDA Margin | 36.74% |
| EBIT Margin | 33.19% |
| FCF Margin | 30.99% |
Dividends & Yields
This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 3.23%.
| Dividend Per Share | $0.84 |
| Dividend Yield | 3.23% |
| Earnings Yield | 7.44% |
| FCF Yield | 8.37% |
| Dividend Growth (YoY) | 20.00% |
| Payout Ratio | 31.20% |
| Buyback Yield | 3.36% |
| Shareholder Yield | 6.58% |
Analyst Forecast
The average price target for MBCN is $29.58, which is 13.55% higher than the current price. The consensus rating is "Sell".
| Price Target | $29.58 |
| Price Target Difference | 13.55% |
| Analyst Consensus | Sell |
| Analyst Count | 7 |
| 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 |