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Mackinac Financial (Mackinac Financial) PEG Ratio : 2.88 (As of Apr. 26, 2024)


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What is Mackinac Financial PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Mackinac Financial's PE Ratio without NRI is 16.41. Mackinac Financial's 5-Year Book Value growth rate is 5.70%. Therefore, Mackinac Financial's PEG Ratio for today is 2.88.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Mackinac Financial's PEG Ratio or its related term are showing as below:

MFNC' s PEG Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.73   Max: 123.13
Current: 2.88


During the past 13 years, Mackinac Financial's highest PEG Ratio was 123.13. The lowest was 0.95. And the median was 2.73.


MFNC's PEG Ratio is not ranked
in the Banks industry.
Industry Median: 1.44 vs MFNC: 2.88

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Mackinac Financial PEG Ratio Historical Data

The historical data trend for Mackinac Financial's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mackinac Financial PEG Ratio Chart

Mackinac Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.94 5.88 4.32 2.77 1.72

Mackinac Financial Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.38 1.72 1.71 2.44

Competitive Comparison of Mackinac Financial's PEG Ratio

For the Banks - Regional subindustry, Mackinac Financial's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mackinac Financial's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mackinac Financial's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Mackinac Financial's PEG Ratio falls into.



Mackinac Financial PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Mackinac Financial's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=16.412213740458/5.70
=2.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Mackinac Financial  (NAS:MFNC) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Mackinac Financial PEG Ratio Related Terms

Thank you for viewing the detailed overview of Mackinac Financial's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mackinac Financial (Mackinac Financial) Business Description

Traded in Other Exchanges
N/A
Address
130 South Cedar Street, Manistique, MI, USA, 49854
Mackinac Financial Corp is a bank holding company. It is engaged in the business of retail and commercial banking. Its products and services include checking and savings accounts, time deposits, interest-bearing transaction accounts, safe deposit facilities, commercial and governmental lease financing and direct, indirect consumer financing, commercial lending, treasury management products, services for small to mid-sized businesses as well as full array of personal and business deposit products and consumer loans. It earns revenue from loans, investments and other interest-bearing assets.
Executives
Paul Davison Tobias director, officer: Chief Executive Officer 38710 WOODWARD AVENUE, SUITE 240, BLOOMFIELD HILLS MI 48304
Jesse A Deering officer: EVP and CFO 260 EAST BROWN ST. SUITE 300 BIRMINGHAM MI 48009
Kelly W George director, officer: President 130 SOUTH CEDAR STREET MANISTIQUE MI 49854
Martin A Thomson director
Randolph Clare Paschke director 5700 CASS AVENUE DETROIT MI 48202
Walter J Aspatore director 255 E BROWN STREET, SUITE 120, BIRMINGHAM MI 48009
Dennis Bittner director 113 S 10TH ST ESCANADA MI 49829
Steinhardt Capital Management, Llc 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
David Russ Steinhardt director, 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
Steinhardt Capital Investors, Lllp 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
Mahaney Robert Edward Ii director 989 WEST WASHINGTON STREET SUITE 102 MARQUETTE MI 49855
Joseph D Garea director 469 NORTH HANLEY ROAD ST. LOUIS MO 63013
Robert Harris Orley director 25251 RIVER DRIVE FRANKLIN MI 48025
Lewis Brooks Patterson director 130 SOUTH CEDAR STREET MANISTIQUE MI 49854
Ernie R Krueger officer: Executive VP and CFO 130 SOUTH CEDAR STREET MANISTIQUE MI 49854