Magyar Bancorp Stock Z Score

MGYR Stock

USD 10.99 0.06 0.55%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Magyar Bancorp Piotroski F Score and Magyar Bancorp Valuation analysis.

To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.

At this time, Magyar Bancorp's Capital Surpluse is relatively stable compared to the past year. As of 05/04/2024, Additional Paid In Capital is likely to grow to about 31.8 M, while Capital Stock is likely to drop slightly above 71.5 K. At this time, Magyar Bancorp's Other Operating Expenses is relatively stable compared to the past year. As of 05/04/2024, Income Before Tax is likely to grow to about 13 M, while Interest Expense is likely to drop slightly above 5.4 M.

Magyar Bancorp Company Z Score Analysis

Magyar Bancorp's Z-Score is a simple linear, multi-factor 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..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Magyar Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Magyar Bancorp is extremely important. It helps to project a fair market value of Magyar Stock properly, considering its historical fundamentals such as Z Score. Since Magyar 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 Magyar 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 Magyar Bancorp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Property Plant Equipment	Treasury Stock	Common Stock	Net Tangible Assets	Total Permanent Equity	Capital Surpluse	Long Term Investments	Intangible Assets	Short Long Term Debt	Short Term Debt	Earning Assets	Net Invested Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.75	0.04	0.9	0.74	0.08	0.59	0.01	1.0	0.61	0.12	-0.62	0.78	0.82	0.68	0.64	-0.32	0.04	-0.19	-0.17	-0.62	0.85	0.75	0.57
Total Stockholder Equity	0.75		-0.19	0.8	0.96	-0.22	0.8	-0.09	0.72	0.82	0.05	-0.94	0.88	0.84	0.68	0.97	-0.67	-0.07	-0.32	-0.29	-0.81	0.86	0.93	0.5
Net Debt	0.04	-0.19		-0.15	-0.1	0.14	0.3	0.13	0.09	0.26	0.37	0.33	-0.23	-0.36	-0.21	-0.28	0.09	0.16	0.11	-0.04	0.13	-0.17	-0.21	-0.3
Retained Earnings	0.9	0.8	-0.15		0.81	-0.16	0.64	-0.15	0.88	0.66	-0.24	-0.81	0.92	0.96	0.63	0.78	-0.47	-0.12	-0.32	-0.29	-0.7	0.92	0.88	0.54
Accounts Payable	0.74	0.96	-0.1	0.81		-0.15	0.84	-0.17	0.72	0.85	-0.06	-0.91	0.85	0.8	0.65	0.94	-0.6	-0.12	-0.32	-0.31	-0.84	0.89	0.9	0.59
Long Term Debt	0.08	-0.22	0.14	-0.16	-0.15		-0.15	0.25	0.13	-0.11	0.08	0.42	-0.38	-0.3	0.27	-0.38	0.33	0.18	0.2	0.24	-0.01	0.05	-0.37	0.48
Net Receivables	0.59	0.8	0.3	0.64	0.84	-0.15		-0.17	0.58	1.0	0.02	-0.74	0.71	0.56	0.46	0.78	-0.76	-0.01	-0.26	-0.3	-0.67	0.73	0.77	0.29
Short Term Investments	0.01	-0.09	0.13	-0.15	-0.17	0.25	-0.17		0.03	-0.14	0.4	0.25	-0.24	-0.18	0.12	-0.21	0.17	-0.42	-0.45	-0.43	-0.13	-0.1	-0.23	0.0
Total Liab	1.0	0.72	0.09	0.88	0.72	0.13	0.58	0.03		0.6	0.14	-0.57	0.74	0.78	0.68	0.6	-0.28	0.06	-0.17	-0.16	-0.6	0.83	0.71	0.57
Total Current Assets	0.61	0.82	0.26	0.66	0.85	-0.11	1.0	-0.14	0.6		0.02	-0.76	0.72	0.59	0.49	0.8	-0.78	-0.04	-0.29	-0.31	-0.71	0.76	0.79	0.34
Property Plant Equipment	0.12	0.05	0.37	-0.24	-0.06	0.08	0.02	0.4	0.14	0.02		0.22	-0.16	-0.23	-0.06	-0.11	0.02	0.2	0.18	0.15	0.12	-0.19	-0.13	-0.21
Treasury Stock	-0.62	-0.94	0.33	-0.81	-0.91	0.42	-0.74	0.25	-0.57	-0.76	0.22		-0.93	-0.89	-0.54	-0.99	0.71	0.18	0.38	0.34	0.75	-0.83	-0.96	-0.45
Common Stock	0.78	0.88	-0.23	0.92	0.85	-0.38	0.71	-0.24	0.74	0.72	-0.16	-0.93		0.96	0.52	0.91	-0.66	-0.13	-0.32	-0.29	-0.71	0.88	0.99	0.42
Net Tangible Assets	0.82	0.84	-0.36	0.96	0.8	-0.3	0.56	-0.18	0.78	0.59	-0.23	-0.89	0.96		0.59	0.86	-0.54	-0.16	-0.33	-0.27	-0.68	0.88	0.92	0.51
Total Permanent Equity	0.68	0.68	-0.21	0.63	0.65	0.27	0.46	0.12	0.68	0.49	-0.06	-0.54	0.52	0.59		0.58	-0.22	0.11	-0.14	-0.1	-0.56	0.65	0.55	0.51
Capital Surpluse	0.64	0.97	-0.28	0.78	0.94	-0.38	0.78	-0.21	0.6	0.8	-0.11	-0.99	0.91	0.86	0.58		-0.72	-0.13	-0.35	-0.32	-0.77	0.83	0.95	0.45
Long Term Investments	-0.32	-0.67	0.09	-0.47	-0.6	0.33	-0.76	0.17	-0.28	-0.78	0.02	0.71	-0.66	-0.54	-0.22	-0.72		0.14	0.24	0.19	0.49	-0.58	-0.7	-0.12
Intangible Assets	0.04	-0.07	0.16	-0.12	-0.12	0.18	-0.01	-0.42	0.06	-0.04	0.2	0.18	-0.13	-0.16	0.11	-0.13	0.14		0.83	0.79	0.28	-0.2	-0.12	-0.25
Short Long Term Debt	-0.19	-0.32	0.11	-0.32	-0.32	0.2	-0.26	-0.45	-0.17	-0.29	0.18	0.38	-0.32	-0.33	-0.14	-0.35	0.24	0.83		0.98	0.38	-0.39	-0.34	-0.33
Short Term Debt	-0.17	-0.29	-0.04	-0.29	-0.31	0.24	-0.3	-0.43	-0.16	-0.31	0.15	0.34	-0.29	-0.27	-0.1	-0.32	0.19	0.79	0.98		0.34	-0.33	-0.31	-0.24
Earning Assets	-0.62	-0.81	0.13	-0.7	-0.84	-0.01	-0.67	-0.13	-0.6	-0.71	0.12	0.75	-0.71	-0.68	-0.56	-0.77	0.49	0.28	0.38	0.34		-0.83	-0.75	-0.6
Net Invested Capital	0.85	0.86	-0.17	0.92	0.89	0.05	0.73	-0.1	0.83	0.76	-0.19	-0.83	0.88	0.88	0.65	0.83	-0.58	-0.2	-0.39	-0.33	-0.83		0.88	0.75
Capital Stock	0.75	0.93	-0.21	0.88	0.9	-0.37	0.77	-0.23	0.71	0.79	-0.13	-0.96	0.99	0.92	0.55	0.95	-0.7	-0.12	-0.34	-0.31	-0.75	0.88		0.42
Current Deferred Revenue	0.57	0.5	-0.3	0.54	0.59	0.48	0.29	0.0	0.57	0.34	-0.21	-0.45	0.42	0.51	0.51	0.45	-0.12	-0.25	-0.33	-0.24	-0.6	0.75	0.42

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores 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 Z-Scores 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 so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Magyar Bancorp

Based on the company's disclosures, Magyar Bancorp has a Z Score of 0.0. This is 100.0% lower than that of the Thrifts & Mortgage Finance sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Magyar Bancorp Institutional Holders

Institutional Holdings refers to the ownership stake in Magyar Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Magyar Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Magyar Bancorp's value.

		Shares
Susquehanna International Group, Llp	2023-12-31	21.3 K
Renaissance Technologies Corp	2023-12-31	15.7 K
Blackrock Inc	2023-12-31	14 K
Bridgeway Capital Management, Llc	2023-12-31	12.6 K
Morgan Stanley - Brokerage Accounts	2023-12-31	3.8 K
Royal Bank Of Canada	2023-12-31	284
Wells Fargo & Co	2023-12-31	46.0
Tower Research Capital Llc	2023-12-31	0.0
Alliancebernstein L.p.	2023-12-31	659.2 K
M3f, Inc.	2023-12-31	570.6 K
Pl Capital Advisors, Llc	2023-12-31	254.6 K

Magyar Fundamentals

	Return On Equity	0.0733
	Return On Asset	0.0087
	Profit Margin	0.25 %
	Operating Margin	0.32 %
	Current Valuation	50.54 M
	Shares Outstanding	6.65 M
	Shares Owned By Insiders	17.18 %
	Shares Owned By Institutions	30.60 %
	Number Of Shares Shorted	3.15 K
	Price To Earning	18.23 X
	Price To Book	0.68 X
	Price To Sales	2.41 X
	Revenue	30.42 M
	Gross Profit	29.43 M
	EBITDA	10.74 M
	Net Income	7.71 M
	Cash And Equivalents	27.94 M
	Cash Per Share	3.94 X
	Total Debt	29.52 M
	Debt To Equity	11.25 %
	Book Value Per Share	17.02 X
	Cash Flow From Operations	8.48 M
	Short Ratio	0.49 X
	Earnings Per Share	0.20 X
	Target Price	13.0
	Number Of Employees	89
	Beta	0.31
	Market Capitalization	73.13 M
	Total Asset	907.29 M
	Retained Earnings	52.17 M
	Annual Yield	0.02 %
	Net Asset	907.29 M
	Last Dividend Paid	0.15

About Magyar Bancorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Magyar Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magyar Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magyar 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.

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When determining whether Magyar Bancorp is a strong investment it is important to analyze Magyar Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magyar Bancorp's future performance. For an informed investment choice regarding Magyar Stock, refer to the following important reports:

How To Invest In Magyar

Details

Is Magyar Stock a good investment?

Details

What is Magyar Bancorp's Net Worth?

Details

Largest Thrifts & Mortgage Finance Companies

View

Largest Banks - Regional Companies

View

Check out Magyar Bancorp Piotroski F Score and Magyar Bancorp Valuation analysis.

To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Magyar Stock analysis

When running Magyar Bancorp's price analysis, check to measure Magyar 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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.

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Is Magyar 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 Magyar Bancorp. If investors know Magyar 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 Magyar 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

0.074

Dividend Share

0.15

Earnings Share

0.2

Revenue Per Share

4.767

Quarterly Revenue Growth

0.02

The market value of Magyar Bancorp is measured differently than its book value, which is the value of Magyar that is recorded on the company's balance sheet. Investors also form their own opinion of Magyar Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Magyar 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 Magyar Bancorp's market value can be influenced by many factors that don't directly affect Magyar 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 Magyar Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magyar Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magyar 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.

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Magyar Bancorp Stock Z Score

Magyar Bancorp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Magyar Z Score Driver Correlations

Magyar Bancorp Institutional Holders

Magyar Fundamentals

About Magyar Bancorp Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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