GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mackinac Financial Corp (NAS:MFNC) » Definitions » Median PS Value

Mackinac Financial (Mackinac Financial) Median PS Value : $13.68 (As of May. 13, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Mackinac Financial Median PS Value?

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:

MFNC' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.69   Med: 1.29   Max: 2.66
Current: 1.57

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.

MFNC's Price-to-Median-PS-Value is not ranked
in the Banks industry.
Industry Median: 0.87 vs MFNC: 1.57

Mackinac Financial Median PS Value Historical Data

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.

* Premium members only.

Mackinac Financial Median PS Value Chart

Mackinac Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 12.78 13.03 13.50 13.83 13.68

Competitive Comparison of Mackinac Financial's Median PS Value

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.


Mackinac Financial's Price-to-Median-PS-Value Distribution in the Banks Industry

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 Median PS Value Calculation

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.


Mackinac Financial Median PS Value Related Terms

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.


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