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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Mackinac Financial's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $5.938. Mackinac Financial's 10-Year median PS Ratio is 2.3038. Therefore, the Median PS Value for today is $13.68.
As of today (2024-05-13), Mackinac Financial's share price is $21.50. Mackinac Financial's Median PS Value is $13.68. Therefore, Mackinac Financial's Price to Median PS Value for today is 1.57.
The historical rank and industry rank for Mackinac Financial's Median PS Value or its related term are showing as below:
During the past 13 years, the highest Price to Median PS Value of Mackinac Financial was 2.66. The lowest was 0.69. And the median was 1.29.
The historical data trend for Mackinac Financial's Median PS Value 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.
Mackinac Financial Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Median PS Value | Get a 7-Day Free Trial | 10.10 | 11.26 | 11.91 | 12.23 | 13.50 |
Mackinac Financial Quarterly Data | ||||||||||||||||||||
Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | |
Median PS Value | Get a 7-Day Free Trial | 12.78 | 13.03 | 13.50 | 13.83 | 13.68 |
For the Banks - Regional subindustry, Mackinac Financial's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
For the Banks industry and Financial Services sector, Mackinac Financial's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Mackinac Financial's Price-to-Median-PS-Value falls into.
Mackinac Financial's Median PS Value for today is calculated as
Median PS Value | = | Revenue per Share (TTM) | * | 10-Year Median PS Ratio |
= | 5.938 | * | 2.3038 | |
= | 13.68 |
10-Year Median PS Ratio is 2.3038.
Mackinac Financial's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.938.
* 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.
Mackinac Financial (NAS:MFNC) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Mackinac Financial's Price to Median PS Value for today is calculated as
Price to Median PS Value | = | Share Price | / | Median PS Value |
= | 21.50 | / | 13.68 | |
= | 1.57 |
* 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.
Thank you for viewing the detailed overview of Mackinac Financial's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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