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MACKINAC FINANCIAL CORP (MFNC) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $21.16 Metrics
OS: 10.6 M 8 % ROE
Market cap: $223 M

 
TTM Valuation
EPS $1.31 16.2 x P/E
BVPS $16.30 1.30 x P/B

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
Revenues64.059.550.941.436.731.825.423.7
            Revenue growth7.6%16.9%23.1%12.8%15.2%25.0%7.5%3.2%
Cost of goods sold30.526.823.718.617.314.912.410.8
Gross profit33.632.727.222.819.316.913.012.8
            Gross margin52.4%54.9%53.4%55.0%52.8%53.2%51.1%54.2%
Selling, general and administrative        
Sales and marketing0.90.90.90.70.60.50.40.4
General and administrative5.95.74.84.23.33.12.62.4
EBITA20.320.219.013.89.97.65.35.5
            EBITA margin31.6%34.0%37.3%33.4%27.0%23.9%20.7%23.1%
Amortization of intangibles0.70.70.50.20.20.10.0 
EBIT19.619.518.513.69.77.55.35.5
            EBIT margin30.6%32.9%36.4%32.8%26.5%23.5%20.6%23.1%
Pre-tax income17.117.710.611.06.87.92.85.5
Income taxes3.63.92.25.52.32.31.1-0.4
            Tax rate21.0%21.8%21.0%50.3%33.7%29.4%39.9% 
Net income13.513.98.45.54.55.61.75.6
            Net margin21.0%23.3%16.4%13.2%12.2%17.6%6.7%23.8%
 
Diluted EPS$1.27$1.29$0.94$0.87$0.72$0.89$0.30$1.00
Shares outstanding (diluted)10.610.88.96.36.36.35.75.7
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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