Magyar Bancorp, Inc. - Understand $mgyr stock

$MGYR Market Cap: $93.29 Million

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Financial Snapshot

Revenue

$35.80M

TTM

Gross Margin

Net Earnings

$7.782M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$951.9M

Q3 2024

Total Liabilities

$841.4M

Q3 2024

Book Value

$110.5M

Q3 2024

Cash

$25.60M

Q3 2024

P/E

11.99

Nov 29, 2024 EST

Free Cash Flow

$5.069M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$48.57M	$38.07M	$29.50M	$28.53M	$26.93M					$19.44M	$19.53M	$19.67M
YoY Change	27.59%	29.03%	3.42%	5.95%						-0.48%	-0.73%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2015	2014	2013
Revenue	$48.57M	$38.07M	$29.50M	$28.53M	$26.93M	$19.44M	$19.53M	$19.67M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$890.0K	$840.0K	$839.0K	$835.0K	$854.0K	$870.0K	$860.0K	$820.0K	$780.0K	$845.0K	$919.0K	$927.0K	$940.0K	$970.0K	$1.140M	$1.120M	$1.050M	$1.150M	$1.000M	$520.0K	$500.0K	$510.0K
YoY Change	5.95%	0.12%	0.48%	-2.22%	-1.84%	1.16%	4.88%	5.13%	-7.69%	-8.05%	-0.86%	-1.38%	-3.09%	-14.91%	1.79%	6.67%	-8.7%	15.0%	92.31%	4.0%	-1.96%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2015	2014	2013
Interest Expense		$10.33M	$2.484M	$2.941M	$5.513M	$3.196M	$3.460M	$4.352M
YoY Change		316.02%	-15.54%	-46.65%		-7.63%	-20.5%
% of Operating Profit
Other Income/Expense, Net	-$20.40M	-$19.29M					$15.36M	$14.78M
YoY Change	5.72%						3.95%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$11.10M	$10.74M	$11.17M	$8.725M	$3.111M	$4.260M	$3.500M	$2.420M	$1.760M	$1.310M	$759.0K	$283.0K	$630.0K	-$210.0K	$200.0K	-$6.070M	-$2.860M	$970.0K	-$120.0K	$2.510M	$870.0K	$2.050M
YoY Change	3.34%	-3.83%	28.01%	180.46%	-26.97%	21.71%	44.63%	37.5%	34.35%	72.6%	168.2%	-55.08%	-400.0%	-205.0%	-103.29%	112.24%	-394.85%	-908.33%	-104.78%	188.51%	-57.56%
Income Tax	$3.317M	$3.032M	$3.250M	$2.605M	$921.0K	$1.270M	$1.470M	$990.0K	$660.0K	$413.0K	$185.0K	$21.00K	$120.0K	$40.00K	-$3.740M	$60.00K	$80.00K	$260.0K	-$130.0K	$950.0K	$260.0K	$620.0K
% Of Pretax Income	29.88%	28.23%	29.1%	29.86%	29.6%	29.81%	42.0%	40.91%	37.5%	31.53%	24.37%	7.42%	19.05%		-1870.0%			26.8%		37.85%	29.89%	30.24%
Net Earnings	$7.783M	$7.709M	$7.919M	$6.120M	$2.190M	$3.000M	$2.030M	$1.420M	$1.090M	$897.0K	$574.0K	$262.0K	$510.0K	-$250.0K	$3.940M	-$6.120M	-$2.940M	$720.0K	$10.00K	$1.560M	$610.0K	$1.420M
YoY Change	0.96%	-2.65%	29.4%	179.45%	-27.0%	47.78%	42.96%	30.28%	21.52%	56.27%	119.08%	-48.63%	-304.0%	-106.35%	-164.38%	108.16%	-508.33%	7100.0%	-99.36%	155.74%	-57.04%
Net Earnings / Revenue	16.02%	20.25%	26.84%	21.45%	8.13%					4.61%	2.94%	1.33%
Basic Earnings Per Share	$1.23	$1.20	$1.17	$1.01						$0.15	$0.10	$0.05
Diluted Earnings Per Share	$1.23	$1.20	$1.170M	$1.013M	$376.3K	$515.5K	$348.8K	$244.0K	$187.3K	$0.15	$0.10	$0.05	$87.78K	-$43.10K	$681.7K	-$1.061M	-$507.8K	$122.2K	$1.689K	$684.2K	$267.5K	$622.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$16.03M	$17.17M	$18.20M	$14.70M	$16.20M	$17.00M	$17.60M	$18.10M	$17.80M	$18.60M	$20.90M	$21.50M	$20.60M	$20.10M	$20.60M	$21.60M	$22.30M	$21.70M	$19.50M	$4.200M	$4.500M
YoY Change	-6.67%	-5.65%	23.81%	-9.26%	-4.71%	-3.41%	-2.76%	1.69%	-4.3%	-11.0%	-2.79%	4.37%	2.49%	-2.43%	-4.63%	-3.14%	2.76%	11.28%	364.29%	-6.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$907.3M	$798.5M	$774.0M	$754.0M	$630.3M	$624.0M	$603.0M	$584.4M	$550.6M	$530.4M	$537.7M	$508.8M	$524.0M	$537.9M	$565.2M	$514.3M	$473.2M	$434.2M	$359.7M	$287.1M	$273.9M
YoY Change
Accounts Payable	$11.10M	$9.671M	$5.700M	$9.000M	$7.000M	$4.700M	$4.500M	$6.300M	$4.700M	$4.400M	$6.000M	$5.100M	$3.600M	$3.500M	$5.300M	$3.700M	$5.100M	$6.200M	$4.700M	$3.800M	$4.400M
YoY Change	14.73%	69.67%	-36.67%	28.57%	48.94%	4.44%	-28.57%	34.04%	6.82%	-26.67%	17.65%	41.67%	2.86%	-33.96%	43.24%	-27.45%	-17.74%	31.91%	23.68%	-13.64%
Accrued Expenses	$2.944M	$3.605M	$4.300M
YoY Change	-18.34%	-16.16%
Deferred Revenue
YoY Change
Short-Term Debt										$5.000M	$5.000M	$5.000M	$15.00M	$15.00M	$15.00M	$15.00M	$10.00M	$5.000M	$12.50M	$9.500M	$9.500M
YoY Change										0.0%	0.0%	-66.67%	0.0%	0.0%	0.0%	50.0%	100.0%	-60.0%	31.58%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$14.04M	$13.28M	$10.00M	$9.000M	$7.000M	$4.700M	$4.500M	$6.300M	$4.700M	$4.400M	$6.000M	$5.100M	$3.600M	$3.500M	$5.300M	$3.700M	$5.100M	$6.200M	$4.700M	$3.800M	$4.400M
YoY Change	5.75%	32.76%	11.11%	28.57%	48.94%	4.44%	-28.57%	34.04%	6.82%	-26.67%	17.65%	41.67%	2.86%	-33.96%	43.24%	-27.45%	-17.74%	31.91%	23.68%	-13.64%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Total Liabilities	$802.5M	$700.0M	$676.3M	$697.1M	$575.7M	$572.6M	$553.6M	$536.7M	$503.9M	$484.5M	$492.4M	$463.8M	$479.5M	$493.8M	$525.2M	$468.4M	$425.0M	$386.0M	$335.3M	$264.0M	$251.3M
YoY Change	14.64%	3.51%	-2.98%	21.09%	0.54%	3.43%	3.15%	6.51%	4.0%	-1.6%	6.17%	-3.27%	-2.9%	-5.98%	12.13%	10.21%	10.1%	15.12%	27.01%	5.05%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2015	2014	2013
Basic Shares Outstanding	6.342M shares	6.425M shares	6.782M shares	6.037M shares		5.815M shares	5.811M shares
Diluted Shares Outstanding	6.342M shares	6.425M shares	6.782M shares	6.037M shares	5.819M shares	5.816M shares	5.812M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $93.29 Million

About Magyar Bancorp, Inc.

Magyar Bancorp, Inc. is a bank holding company, which engages in the provision of financial services. The company is headquartered in New Brunswick, New Jersey. The company went IPO on 2006-01-24. The company acts as an independent, community, financial services provider, and offers traditional banking and related financial services to individual, business, and government customers. The company offers commercial and retail financial services, including the taking of time, savings, and demand deposits; the making of commercial, consumer and home equity loans; and the provision of other financial services. The Bank invests its deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, small business administration (SBA) loans, construction loans and investment securities. The company originates consumer loans, which consist primarily of secured demand loans. Its primary sources of funds are deposits, borrowings and principal and interest payments on loans and securities.

Industry: Savings Institution, Federally Chartered Peers: BROADWAY FINANCIAL CORP \DE\ Cullman Bancorp, Inc. /MD/ Finance of America Companies Inc. HMN FINANCIAL INC Rhinebeck Bancorp, Inc. PROVIDENT FINANCIAL HOLDINGS INC Rocket Companies, Inc.