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Magyar Bancorp Inc MGYR

Morningstar Rating
$10.91 −0.07 (0.64%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MGYR is trading at a 464% premium.
Price
$10.97
Fair Value
$35.69
Uncertainty
Very High
1-Star Price
$62.47
5-Star Price
$9.52
Economic Moat
Clvg
Capital Allocation
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News

Trading Information

Previous Close Price
$10.98
Day Range
$10.8611.14
52-Week Range
$9.0012.00
Bid/Ask
$10.91 / $11.08
Market Cap
$71.94 Mil
Volume/Avg
1,651 / 3,570

Key Statistics

Price/Earnings (Normalized)
9.22
Price/Sales
2.28
Dividend Yield (Trailing)
1.55%
Dividend Yield (Forward)
1.82%
Total Yield
3.33%

Company Profile

Magyar Bancorp Inc is a mid-tier stock holding company. The Company offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and home equity loans; and the provision of other financial services. The business consists of getting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesex and Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Core
Total Number of Employees
97

Comparables

Valuation

Metric
MGYR
NECB
NFBK
Price/Earnings (Normalized)
9.225.3411.23
Price/Book Value
0.660.820.53
Price/Sales
2.282.292.79
Price/Cash Flow
7.364.658.08
Price/Earnings
MGYR
NECB
NFBK

Financial Strength

Metric
MGYR
NECB
NFBK
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
MGYR
NECB
NFBK
Return on Assets (Normalized)
0.92%2.88%0.63%
Return on Equity (Normalized)
7.60%17.32%4.97%
Return on Invested Capital (Normalized)
Return on Assets
MGYR
NECB
NFBK
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Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Intesa Sanpaolo ADR
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CtmfvqpnDjz$63.3 Bil
PNC Financial Services Group Inc
PNC
LxfyhfcXycgw$61.6 Bil
Itau Unibanco Holding SA ADR
ITUB
JdvfyzvgjXhqvn$54.6 Bil
Truist Financial Corp
TFC
FtlnstjRjvhm$50.1 Bil
Mizuho Financial Group Inc ADR
MFG
WswpmshKtm$49.6 Bil
Lloyds Banking Group PLC ADR
LYG
QdlzvscpsKcrnks$44.0 Bil
NatWest Group PLC ADR
NWG
FsjgtLjb$33.2 Bil
Deutsche Bank AG
DB
SkfZhjy$31.3 Bil

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