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NASDAQ: MGYR
Magyar Bancorp Inc Stock

$11.39+0.00 (+0%)
Updated Apr 30, 2024
MGYR Price
$11.39
Fair Value Price
$6.64
Market Cap
$75.79M
52 Week Low
$9.00
52 Week High
$12.00
P/E
9.65x
P/B
0.71x
P/S
2.37x
PEG
0.56x
Dividend Yield
1.23%
Revenue
$30.24M
Earnings
$7.55M
Gross Margin
100%
Operating Margin
34.74%
Profit Margin
25%
Debt to Equity
7.61
Operating Cash Flow
$10M
Beta
0.11
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

MGYR Overview

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. The company has seven branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.

Zen Score

Industry Average (33)
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Due Diligence Checks

MGYR ($11.39) is overvalued by 71.41% relative to our estimate of its Fair Value price of $6.64 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
MGYR ($11.39) is not significantly undervalued (71.41%) relative to our estimate of its Fair Value price of $6.64 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MGYR ($11.39) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more MGYR due diligence checks available for Premium users.

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MGYR News

Valuation

MGYR fair value

Fair Value of MGYR stock based on Discounted Cash Flow (DCF)
Price
$11.39
Fair Value
$6.64
Overvalued by
71.41%
MGYR ($11.39) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MGYR ($11.39) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MGYR ($11.39) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MGYR price to earnings (PE)

For valuing profitable companies with steady earnings
Company
9.65x
Industry
-10.08x
Market
40.82x
MGYR is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MGYR is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MGYR price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.71x
Industry
0.97x
MGYR is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MGYR price to earnings growth (PEG)

For valuing profitable companies with growth potential
MGYR is good value based... subscribe to Premium to read more.
PEG Value Valuation

MGYR's financial health

Profit margin

Revenue
$7.4M
Net Income
$1.7M
Profit Margin
22.4%
MGYR's Earnings (EBIT) of $10.50M... subscribe to Premium to read more.
Interest Coverage Financials
MGYR's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$916.7M
Liabilities
$810.2M
Debt to equity
7.61
MGYR's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
MGYR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$3.2M
Investing
-$31.3M
Financing
$6.7M
MGYR's operating cash flow ($10.37M)... subscribe to Premium to read more.
Debt Coverage Financials

MGYR vs Bank Stocks

TickerMarket Cap1d %P/EP/B
MGYR$75.79M0.00%9.65x0.71x
CULL$76.07M+1.75%18.70x0.75x
PBHC$77.59M+0.48%8.42x0.65x
RVSB$78.74M-0.53%7.94x0.50x
UBCP$71.23M-2.39%7.96x1.12x

Magyar Bancorp Stock FAQ

What is Magyar Bancorp's quote symbol?

(NASDAQ: MGYR) Magyar Bancorp trades on the NASDAQ under the ticker symbol MGYR. Magyar Bancorp stock quotes can also be displayed as NASDAQ: MGYR.

If you're new to stock investing, here's how to buy Magyar Bancorp stock.

What is the 52 week high and low for Magyar Bancorp (NASDAQ: MGYR)?

(NASDAQ: MGYR) Magyar Bancorp's 52-week high was $12.00, and its 52-week low was $9.00. It is currently -5.08% from its 52-week high and 26.56% from its 52-week low.

How much is Magyar Bancorp stock worth today?

(NASDAQ: MGYR) Magyar Bancorp currently has 6,653,933 outstanding shares. With Magyar Bancorp stock trading at $11.39 per share, the total value of Magyar Bancorp stock (market capitalization) is $75.79M.

Magyar Bancorp stock was originally listed at a price of $10.65 in Jan 24, 2006. If you had invested in Magyar Bancorp stock at $10.65, your return over the last 18 years would have been 6.95%, for an annualized return of 0.37% (not including any dividends or dividend reinvestments).

How much is Magyar Bancorp's stock price per share?

(NASDAQ: MGYR) Magyar Bancorp stock price per share is $11.39 today (as of Apr 30, 2024).

What is Magyar Bancorp's Market Cap?

(NASDAQ: MGYR) Magyar Bancorp's market cap is $75.79M, as of May 1, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Magyar Bancorp's market cap is calculated by multiplying MGYR's current stock price of $11.39 by MGYR's total outstanding shares of 6,653,933.
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