Mount Logan Capital Inc. (MLCI) stock analysis
Close on Nov 12, 2026Market cap $38.82MP/E –Yield 1.73%
StockData Score
Prices as of Nov 11, 2026How the score works
Weak4 of 30 checks passed
Mount Logan Capital passes 4 of the 30 checks behind our score; 20 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 3/6
- Growth
- 0/6
- Past performance
- 0/6
- Financial health
- 0/6
- Dividend
- 1/6
What stands out
Margin of safety over 20%
The price is 76.6% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $3.55 is below our fair value estimate of $15.14.
P/B below the industry
Mount Logan Capital's price-to-book of 0.65 is below the Services Allied with the Exchange of Securities median of 3.70.
Pays a dividend
Mount Logan Capital paid dividends worth 3.4% of the share price over the last twelve months.
What to watch
Elevated bankruptcy risk
The Altman Z-score is -0.08; above 3 is the safe zone and below 1.8 the distress zone.
Growing slower than the industry
Revenue grew -24.3% over the last twelve months; the Services Allied with the Exchange of Securities median is 8.7%.
Return on equity below the industry
Mount Logan Capital's return on equity of -79.0% is below the Services Allied with the Exchange of Securities median of 15.7%.
Net margin below the industry
Mount Logan Capital's net margin of -155% is below the Services Allied with the Exchange of Securities median of 16.3%.
Valuation3/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B below the industry
Mount Logan Capital's price-to-book of 0.65 is below the Services Allied with the Exchange of Securities median of 3.70.
Trading below fair value
The share price of $3.55 is below our fair value estimate of $15.14.
Margin of safety over 20%
The price is 76.6% below fair value, more than the 20% cushion we look for.
Growth0/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing slower than the industry
Revenue grew -24.3% over the last twelve months; the Services Allied with the Exchange of Securities median is 8.7%.
Guidance unchanged
The latest outlook (2027 FRE increase, May 14, 2026) was maintained, so it neither adds nor takes away points.
Gross margin trend
This company does not report gross profit.
Past performance0/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity below the industry
Mount Logan Capital's return on equity of -79.0% is below the Services Allied with the Exchange of Securities median of 15.7%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin below the industry
Mount Logan Capital's net margin of -155% is below the Services Allied with the Exchange of Securities median of 16.3%.
Financial health0/6
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 coverage
Interest expense is not reported separately.
Short-term liquidity
The balance sheet is not split into current and non-current items.
Elevated bankruptcy risk
The Altman Z-score is -0.08; above 3 is the safe zone and below 1.8 the distress zone.
Dividend1/6
Pays a dividend
Mount Logan Capital paid dividends worth 3.4% of the share price over the last twelve months.
Yield below Treasuries
The 3.4% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.8% or more; Mount Logan Capital yields 3.4%.
Dividend stability
Fewer than five years of dividend history.
Earnings cover
Needs dividends paid and net income.
Cash-flow cover
Needs dividends paid and free cash flow.
Fair value
How we estimate itOur estimate per share
$15.14
The share price is 77% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/B | 3.7× | – | 3.7× | $20.12 | 50% |
| P/S | 2.8× | – | 2.8× | $10.17 | 50% |
| Fair value | $15.14 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/B at month end
- Services Allied with the Exchange of Securities median 3.7
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
High risk
- Average value traded per day
- $36.53K
- Value traded per 1% price move
- $12.41K
Downside
High risk
- Typical loss in a bad month
- 36.2%
- Volatility (annualized)
- 59%
- Sharpe ratio, 1 year
- -0.96
- Beta to the S&P 500 (5Y)
- 0.36
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2023 to 2025
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.6% | – | – | – | |
| Dividend per share | -75.0% | – | – | – |
Returns and balance sheet
3 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2023 | FY2023 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -62.4% | |
| Diluted shares | – | – | 9M |
Cash use needs five years of cash flow figures
Mount Logan Capital does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -113.6% | 0.03× | 16.22× | -62.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero-$60.85M
- Cash generatingOperating cash flow above zero-$22.18M
- Return on assets improvedROA up on the prior year– → -3.9%
- Earnings backed by cashOperating cash flow above net income-$22.18M vs -$60.85M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise6M → 9M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose– → 0.03
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