MetroCity Bankshares Inc. (MCBS)
MetroCity Bankshares Statistics
Share Statistics
MetroCity Bankshares has 25.4M shares outstanding. The number of shares has increased by 0.78% in one year.
| Shares Outstanding | 25.4M |
| Shares Change (YoY) | 0.78% |
| Shares Change (QoQ) | 0.28% |
| Owned by Institutions (%) | 23.47% |
| Shares Floating | 18.35M |
| Failed to Deliver (FTD) Shares | 713 |
| FTD / Avg. Volume | 1.84% |
Short Selling Information
The latest short interest is 149.95K, so 0.59% of the outstanding shares have been sold short.
| Short Interest | 149.95K |
| Short % of Shares Out | 0.59% |
| Short % of Float | 0.78% |
| Short Ratio (days to cover) | 2.94 |
Valuation Ratios
The PE ratio is 12.73 and the forward PE ratio is 10. MetroCity Bankshares's PEG ratio is 0.57.
| PE Ratio | 12.73 |
| Forward PE | 10 |
| PS Ratio | 3.86 |
| Forward PS | 4.5 |
| PB Ratio | 1.95 |
| P/FCF Ratio | 13.19 |
| PEG Ratio | 0.57 |
Enterprise Valuation
MetroCity Bankshares has an Enterprise Value (EV) of 967.52M.
| EV / Sales | 4.54 |
| EV / EBITDA | 0 |
| EV / EBIT | 15.24 |
| EV / FCF | 15.55 |
Financial Position
The company has a current ratio of 77.07, with a Debt / Equity ratio of 0.91.
| Current Ratio | 77.07 |
| Quick Ratio | 77.07 |
| Debt / Equity | 0.91 |
| Debt / EBITDA | - |
| Debt / FCF | 6.16 |
| Interest Coverage | 2.24 |
Financial Efficiency
Return on Equity is 15.31% and Return on Invested Capital is 53.67%.
| Return on Equity | 15.31% |
| Return on Assets | 1.79% |
| Return on Invested Capital | 53.67% |
| Revenue Per Employee | $887.14K |
| Profits Per Employee | $268.77K |
| Employee Count | 240 |
| Asset Turnover | 0.06 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 22.81M |
| Effective Tax Rate | 26.12% |
Stock Price Statistics
The stock price has increased by 18.21% in the last 52 weeks. The beta is 0.51, so MetroCity Bankshares's price volatility has been higher than the market average.
| Beta | 0.51 |
| 52-Week Price Change | 18.21% |
| 50-Day Moving Average | 27.98 |
| 200-Day Moving Average | 30.28 |
| Relative Strength Index (RSI) | 53.63 |
| Average Volume (20 Days) | 38.79K |
Income Statement
In the last 12 months, MetroCity Bankshares had revenue of 212.91M and earned 64.5M in profits. Earnings per share was 2.51.
| Revenue | 212.91M |
| Gross Profit | 212.91M |
| Operating Income | 212.28M |
| Net Income | 64.5M |
| EBITDA | 0 |
| EBIT | -2.96M |
| Earnings Per Share (EPS) | 2.51 |
Balance Sheet
The company has 236.34M in cash and 382.94M in debt, giving a net cash position of -146.6M.
| Cash & Cash Equivalents | 236.34M |
| Total Debt | 382.94M |
| Net Cash | -146.6M |
| Retained Earnings | 358.7M |
| Total Assets | 3.66B |
| Working Capital | 296.28M |
Cash Flow
In the last 12 months, operating cash flow was 63.5M and capital expenditures -1.29M, giving a free cash flow of 62.22M.
| Operating Cash Flow | 63.5M |
| Capital Expenditures | -1.29M |
| Free Cash Flow | 62.22M |
| FCF Per Share | 2.42 |
Margins
Gross margin is 100%, with operating and profit margins of 99.7% and 30.3%.
| Gross Margin | 100% |
| Operating Margin | 99.7% |
| Pretax Margin | 41.01% |
| Profit Margin | 30.3% |
| EBITDA Margin | n/a |
| EBIT Margin | 99.7% |
| FCF Margin | 29.22% |
Dividends & Yields
MCBS pays an annual dividend of $1.09, which amounts to a dividend yield of 3.22%.
| Dividend Per Share | $1.09 |
| Dividend Yield | 3.22% |
| Dividend Growth (YoY) | 15% |
| Payout Ratio | 42.25% |
| Earnings Yield | 7.86% |
| FCF Yield | 7.58% |
Analyst Forecast
The average price target for MCBS is $34, which is 21.8% higher than the current price. The consensus rating is "Hold".
| Price Target | $34 |
| Price Target Difference | 21.8% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Sep 3, 2019. It was a forward split with a ratio of 2:1.
| Last Split Date | Sep 3, 2019 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 0.46 |
| Piotroski F-Score | 5 |