NasdaqGS:MFIN

Stock Analysis Report

Executive Summary

Medallion Financial Corp., through with its subsidiaries, operates as a finance company in the United States.

Snowflake

Fundamentals

Moderate growth potential with imperfect balance sheet.

Risks

  • Medallion Financial has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Medallion Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.7%

NasdaqGS:MFIN

0.1%

US Consumer Finance

0.9%

US Market


1 Year Return

-22.8%

NasdaqGS:MFIN

4.3%

US Consumer Finance

0.3%

US Market

MFIN underperformed the Consumer Finance industry which returned 4.5% over the past year.

MFIN underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

MFINIndustryMarket
7 Day-0.7%0.1%0.9%
30 Day-9.8%-2.1%-1.9%
90 Day-31.8%-0.5%1.6%
1 Year-22.8%-22.8%6.0%4.3%2.6%0.3%
3 Year-8.2%-9.5%62.2%54.6%41.0%31.8%
5 Year-52.5%-61.4%40.3%30.4%55.2%38.0%

Price Volatility Vs. Market

How volatile is Medallion Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Medallion Financial undervalued based on future cash flows and its price relative to the stock market?

0.43x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Medallion Financial to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Medallion Financial to establish if it is available at substantial discount.


Price Based on Earnings

Medallion Financial is loss making, we can't compare its value to the US Consumer Finance industry average.

Medallion Financial is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Medallion Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

Medallion Financial is good value based on assets compared to the US Consumer Finance industry average.


Next Steps

Future Growth

How is Medallion Financial expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

188.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Medallion Financial's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).

Medallion Financial's earnings are expected to grow significantly at over 20% yearly.

Medallion Financial's revenue growth is positive but not above the United States of America market average.

Medallion Financial's earnings growth is expected to exceed the United States of America market average.

Medallion Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Medallion Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Medallion Financial performed over the past 5 years?

-55.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Medallion Financial does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Medallion Financial's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Medallion Financial's 1-year growth to the US Consumer Finance industry average as it is not currently profitable.


Return on Equity

Medallion Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Medallion Financial used its assets less efficiently than the US Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Medallion Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Medallion Financial's financial position?


Financial Position Analysis

Medallion Financial is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Medallion Financial's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Medallion Financial's level of debt (404.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (118.6% vs 404.7% today).

Debt is not well covered by operating cash flow (7.7%, less than 20% of total debt).

Medallion Financial is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1x debt.


Next Steps

Dividend

What is Medallion Financial's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Medallion Financial's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Medallion Financial's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Medallion Financial has not reported any payouts.

Unable to verify if Medallion Financial's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Medallion Financial has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Medallion Financial's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Medallion Financial's salary, the management and board of directors tenure and is there insider trading?

11.0yrs

Average management tenure


CEO

Alvin Murstein (84yo)

23.5yrs

Tenure

US$1,329,620

Compensation

Mr. Alvin Murstein has been the Chairman of Medallion Financial Corp. since 1995 and has been its Chief Executive Officer since February 1996. Mr. Murstein has also been the Chairman, President and Chief E ...


CEO Compensation Analysis

Alvin's remuneration is higher than average for companies of similar size in United States of America.

Alvin's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

11.0yrs

Average Tenure

65.5yo

Average Age

The average tenure for the Medallion Financial management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

16.3yrs

Average Tenure

78yo

Average Age

The average tenure for the Medallion Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Medallion Financial individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$10,06913 Aug 19
Donald Poulton
EntityIndividual
Role
Unit CEO
CEO & President of Medallion Bank
Shares2,200
Max PriceUS$4.58
BuyUS$23,76912 Aug 19
David Rudnick
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Director
Shares5,000
Max PriceUS$4.75
BuyUS$47,22812 Aug 19
Henry Aaron
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$4.72
BuyUS$47,40012 Aug 19
Alvin Murstein
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares10,000
Max PriceUS$4.74
BuyUS$47,36712 Aug 19
Allan Tanenbaum
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$4.74
SellUS$31,17117 May 19
Thomas Munson
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Credit Officer
Shares4,248
Max PriceUS$7.34
BuyUS$839,58301 Apr 19
Key Colony Management, LLC
EntityCompany
Shares131,459
Max PriceUS$7.03

Ownership Breakdown


Management Team

  • Dean Pickerell (71yo)

    Acting President & Executive VP of Medallion Capital

    • Tenure: 6.6yrs
    • Compensation: US$500.20k
  • Andrew Murstein (55yo)

    President

    • Tenure: 21.8yrs
    • Compensation: US$2.54m
  • William Osborn

    Senior Vice President

    • Tenure: 0.0yrs
  • Alvin Murstein (84yo)

    Chairman & CEO

    • Tenure: 23.5yrs
    • Compensation: US$1.33m
  • Larry Hall (65yo)

    Senior VP & CFO

    • Tenure: 15.4yrs
    • Compensation: US$605.43k
  • Stephen Lewis (70yo)

    Senior Vice President of Medallion Capital

    • Tenure: 21.6yrs
    • Compensation: US$494.52k
  • Marisa Silverman (40yo)

    Chief Compliance Officer

    • Tenure: 4.4yrs
  • Don Poulton (66yo)

    CEO & President of Medallion Bank

    • Tenure: 4.3yrs
    • Compensation: US$666.96k
  • Thomas Munson (36yo)

    Executive VP & Chief Credit Officer

    • Tenure: 2.3yrs
  • Alex Arzeno

    Director of Investor Relations & Communications

    • Tenure: 0.0yrs

Board Members

  • Andrew Murstein (55yo)

    President

    • Tenure: 21.8yrs
    • Compensation: US$2.54m
  • Alvin Murstein (84yo)

    Chairman & CEO

    • Tenure: 23.5yrs
    • Compensation: US$1.33m
  • John Everets (72yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: US$110.99k
  • Hank Aaron (85yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$85.42k
  • David Rudnick (78yo)

    Non-Independent Director

    • Tenure: 23.5yrs
    • Compensation: US$117.74k
  • Allan Tanenbaum (72yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$91.75k
  • Frederick Menowitz (82yo)

    Independent Director

    • Tenure: 16.3yrs
    • Compensation: US$98.37k

Company Information

Medallion Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Medallion Financial Corp.
  • Ticker: MFIN
  • Exchange: NasdaqGS
  • Founded: 1995
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: US$111.623m
  • Shares outstanding: 24.37m
  • Website: https://www.medallion.com

Number of Employees


Location

  • Medallion Financial Corp.
  • 437 Madison Avenue
  • 38th Floor
  • New York City
  • New York
  • 10022
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MFINNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDMay 1996
MD5DB (Deutsche Boerse AG)YesCommon SharesDEEURMay 1996
MFIN.LNasdaqGS (Nasdaq Global Select)NTUSUSDApr 2016

Biography

Medallion Financial Corp., through with its subsidiaries, operates as a finance company in the United States. It originates, acquires, and services loans that finance taxicab medallions and various types o ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:39
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.