Merchants Z Score
MBIN  Stock  USD 28.01 0.04 0.14% 
Merchants  Z Score 
Merchants Z Score Analysis
Merchants Bancorp's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2020  2021  2022 (projected)  
Revenue Per Employee  787.49 K  1.01 M  975.51 K  856.34 K 
Net Income Per Employee  235.04 K  445.64 K  472.15 K  380.98 K 
Z Score  =  Sum Of   5 Factors 
 
 
 
 

Merchants Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Merchants Bancorp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Merchants Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Merchants Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Merchants Bancorp's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
Based on the company's disclosures, Merchants Bancorp has a Z Score of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Banksâ€”Regional (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Merchants Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Merchants Bancorp's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Merchants Bancorp could also be used in its relative valuation, which is a method of valuing Merchants Bancorp by comparing valuation metrics of similar companies.Merchants Bancorp is currently under evaluation in z score category among related companies.
Merchants Bancorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Merchants Bancorp from analyzing Merchants Bancorp's financial statements. These drivers represent accounts that assess Merchants Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Merchants Bancorp's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  281.88 K  242.76 K  235.04 K  445.64 K  472.15 K  380.98 K  
Revenue Per Employee  732.3 K  734.16 K  787.49 K  1.01 M  975.51 K  856.34 K  
Average Assets  3.06 B  3.79 B  5.49 B  9.13 B  10.45 B  8.82 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  77.46 M  84.49 M  102.99 M  245.25 M  307.12 M  331.37 M  
Earnings Before Interest Taxes and Depreciation Amortization USD  77.46 M  84.49 M  102.99 M  245.25 M  307.12 M  331.37 M  
Earnings before Tax  77.16 M  84.03 M  102.13 M  243.36 M  304.93 M  329 M  
Average Equity  286.88 M  400.3 M  569 M  737.23 M  1.08 B  884.51 M  
Free Cash Flow  (176.67 M)  195.15 M  (1.27 B)  (878.51 M)  (52.86 M)  (57.03 M)  
Invested Capital  3.08 B  3.72 B  6.03 B  10.71 B  11.15 B  9.09 B  
Invested Capital Average  2.71 B  3.59 B  5.25 B  9.99 B  10.53 B  8.84 B  
Tangible Asset Value  3.39 B  3.86 B  6.35 B  9.54 B  11.15 B  9.12 B 
Merchants Fundamentals
Return On Equity  19.04 %  
Return On Asset  2.08 %  
Profit Margin  51.68 %  
Operating Margin  69.55 %  
Current Valuation  2.68 B  
Shares Outstanding  28.79 M  
Shares Owned by Insiders  45.73 %  
Shares Owned by Institutions  23.02 %  
Number of Shares Shorted  352.28 K  
Price to Earning  3.80 X  
Price to Book  1.08 X  
Price to Sales  1.91 X  
Revenue  421.36 M  
Gross Profit  430.31 M  
EBITDA  67.02 M  
Net Income  194.87 M  
Cash and Equivalents  261.67 M  
Cash per Share  6.07 X  
Total Debt  1.44 B  
Debt to Equity  11.30 %  
Book Value Per Share  25.98 X  
Cash Flow from Operations  (54.5 M)  
Short Ratio  4.50 X  
Earnings Per Share  7.38 X  
Number of Employees  481  
Beta  1.08  
Market Capitalization  806.28 M  
Total Asset  3.15 B  
Retained Earnings  276.95 M  
Last Dividend Paid  0.28 
About Merchants Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Merchants Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Merchants Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Merchants Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Merchants Bancorp operates as the diversified bank holding company in the United States. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana. Merchants Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 481 people.
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Additionally, see Merchants Bancorp Piotroski F Score and Merchants Bancorp Valuation analysis. Note that the Merchants Bancorp information on this page should be used as a complementary analysis to other Merchants Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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When running Merchants Bancorp price analysis, check to measure Merchants Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merchants Bancorp is operating at the current time. Most of Merchants Bancorp's value examination focuses on studying past and present price action to predict the probability of Merchants Bancorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Merchants Bancorp's price. Additionally, you may evaluate how the addition of Merchants Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Merchants Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merchants Bancorp. If investors know Merchants will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merchants Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY 0.054  Market Capitalization 1.2 B  Quarterly Revenue Growth YOY 0.076  Return On Assets 0.0208  Return On Equity 0.19 
The market value of Merchants Bancorp is measured differently than its book value, which is the value of Merchants that is recorded on the company's balance sheet. Investors also form their own opinion of Merchants Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Merchants Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merchants Bancorp's market value can be influenced by many factors that don't directly affect Merchants Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merchants Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine Merchants Bancorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merchants Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.