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

Overvalued with worrying balance sheet.


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

5.3%

MFIN

4.9%

US Consumer Finance

3.4%

US Market


1 Year Return

-16.9%

MFIN

5.5%

US Consumer Finance

5.4%

US Market

Return vs Industry: MFIN underperformed the US Consumer Finance industry which returned 5.5% over the past year.

Return vs Market: MFIN underperformed the US Market which returned 5.4% over the past year.


Shareholder returns

MFINIndustryMarket
7 Day5.3%4.9%3.4%
30 Day-2.9%-3.8%-1.0%
90 Day0%-6.0%-0.4%
1 Year-16.9%-16.9%7.4%5.5%7.7%5.4%
3 Year48.5%46.4%62.5%54.6%46.2%36.8%
5 Year-35.7%-47.8%41.9%31.5%65.6%47.5%

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 compared to its fair value and its price relative to the market?

0.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate MFIN's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate MFIN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MFIN is unprofitable, so we can't compare its PE Ratio to the Consumer Finance industry average.

PE vs Market: MFIN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate MFIN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MFIN is good value based on its PB Ratio (0.6x) compared to the US Consumer Finance industry average (1.2x).


Next Steps

Future Growth

How is Medallion Financial forecast 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 Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MFIN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MFIN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MFIN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MFIN's revenue (2.1% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: MFIN's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if MFIN's Return on Equity is forecast to be high in 3 years time


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

Earnings Trend: MFIN is unprofitable, and losses have increased over the past 5 years at a rate of -55.8% per year.

Accelerating Growth: Unable to compare MFIN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MFIN is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (25.5%).


Return on Equity

High ROE: MFIN has a negative Return on Equity (0.27%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: MFIN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: MFIN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Medallion Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: MFIN has a low level of unsold assets or inventory.

Debt Coverage by Assets: MFIN's debt is not covered by short term assets (assets are 1x debt).


Financial Institutions Analysis

Asset Level: MFIN's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if MFIN has a sufficient allowance for bad loans.

Low Risk Liabilities: MFIN reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if MFIN has an acceptable proportion of non-loan assets held.

Low Risk Deposits: MFIN has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if MFIN has an appropriate level of bad loans.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate MFIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MFIN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if MFIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MFIN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MFIN is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MFIN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

11.2yrs

Average management tenure


CEO

Alvin Murstein (84yo)

23.7yrs

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

Compensation vs. Market: Alvin's total compensation ($USD1.33M) is about average for companies of similar size in the US market ($USD493.02K).

Compensation vs Earnings: Alvin's compensation has been consistent with company performance over the past year.


Management Age and Tenure

11.2yrs

Average Tenure

65.5yo

Average Age

Experienced Management: MFIN's management team is seasoned and experienced (11.2 years average tenure).


Board Age and Tenure

16.4yrs

Average Tenure

78yo

Average Age

Experienced Board: MFIN's board of directors are seasoned and experienced ( 16.4 years average tenure).


Insider Trading

Insider Buying: MFIN insiders have bought more shares than they have sold 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: 6.8yrs
    • Compensation: US$500.20k
  • Andrew Murstein (55yo)

    President

    • Tenure: 22yrs
    • Compensation: US$2.54m
  • William Osborn

    Senior Vice President

    • Tenure: 0yrs
  • Alvin Murstein (84yo)

    Chairman & CEO

    • Tenure: 23.7yrs
    • Compensation: US$1.33m
  • Larry Hall (65yo)

    Senior VP & CFO

    • Tenure: 15.6yrs
    • Compensation: US$605.43k
  • Stephen Lewis (70yo)

    Senior Vice President of Medallion Capital

    • Tenure: 21.8yrs
    • Compensation: US$494.52k
  • Marisa Silverman (40yo)

    Chief Compliance Officer

    • Tenure: 4.6yrs
  • Don Poulton (66yo)

    CEO & President of Medallion Bank

    • Tenure: 4.4yrs
    • Compensation: US$666.96k
  • Thomas Munson (36yo)

    Executive VP & Chief Credit Officer

    • Tenure: 2.5yrs
  • Anthony Cutrone

    Assistant Controller

    • Tenure: 0yrs

Board Members

  • Andrew Murstein (55yo)

    President

    • Tenure: 22yrs
    • Compensation: US$2.54m
  • Alvin Murstein (84yo)

    Chairman & CEO

    • Tenure: 23.7yrs
    • Compensation: US$1.33m
  • John Everets (72yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$110.99k
  • Hank Aaron (85yo)

    Independent Director

    • Tenure: 14.9yrs
    • Compensation: US$85.42k
  • David Rudnick (78yo)

    Non-Independent Director

    • Tenure: 23.7yrs
    • Compensation: US$117.74k
  • Allan Tanenbaum (72yo)

    Independent Director

    • Tenure: 2yrs
    • Compensation: US$91.75k
  • Frederick Menowitz (82yo)

    Independent Director

    • Tenure: 16.4yrs
    • 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$144.526m
  • 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 Analysis2019/10/15 23:39
End of Day Share Price2019/10/15 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.