Manhattan Bridge Capital, Inc (LOAN) stock analysis

P/E below its 5-year median

Manhattan Bridge Capital's P/E of 8.0 is below its own 5-year median of 11.0.

P/E below the industry

Manhattan Bridge Capital's P/E of 8.0 is below the Miscellaneous Investing median of 26.3.

EV/EBITDA below its 5-year median

Manhattan Bridge Capital's EV/EBITDA of 7.9 is below its 5-year median of 11.4.

P/B below the industry

Manhattan Bridge Capital's price-to-book of 0.89 is below the Miscellaneous Investing median of 1.20.

Trading below fair value

The share price of $3.35 is below our fair value estimate of $6.07.

Margin of safety over 20%

The price is 44.8% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 0.4% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew 0.0% a year over the last three fiscal years.

Earnings growth not accelerating

Net income grew -9.6% over the last twelve months, against a 5-year average of 3.9% a year.

Growing slower than the industry

Revenue grew -9.5% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 11.1% over the last twelve months and averaged 12.3% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was 8.2%, below the 10% that usually covers the cost of capital.

Return on equity above the industry

Manhattan Bridge Capital's return on equity of 11.1% is above the Miscellaneous Investing median of 3.1%.

Earnings grew over 5 years

Net income grew 3.9% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 58.6% over the last twelve months, against a 5-year average of 59.7%.

Net margin above the industry

Manhattan Bridge Capital's net margin of 58.6% is above the Miscellaneous Investing median of 10.3%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest not well covered

Operating income covers interest expense 3.4 times; we look for at least 5.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is 1.58; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Manhattan Bridge Capital paid dividends worth 13.3% of the share price over the last twelve months.

Yield above Treasuries

The 13.3% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; Manhattan Bridge Capital yields 13.3%.

Dividend stability

Fewer than five years of dividend history.

Not covered by earnings

Dividends take 107% of net income, leaving little room.

Cash-flow cover

Needs dividends paid and free cash flow.