Manhattan Bridge Capital, Inc. (LOAN) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+144495.9%

$4,945.18

vs $3.42 price

Levered DCF

$23.54

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.78

Grey zone

Rating

A+

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	10.33×	11.43×	10.35×	11.84×	13.1×	11.84×	13.53×	11.71×
P/B	1.23×	1.48×	1.33×	1.43×	1.33×	1.57×	1.92×	1.54×
P/S	6.13×	6.6×	5.8×	7.14×	8.49×	8.86×	10.75×	8.94×
EV / EBITDA	-26.17×	15.44×	16.07×	17.68×	17.94×	0×	0×	0×
Gross margin	79.8%	75.9%	74.3%	78.8%	84.7%	99.8%	99.9%	100.0%
Operating margin	58.9%	57.6%	55.7%	60.7%	64.9%	98.3%	78.7%	106.8%
Net margin	58.9%	57.6%	55.7%	60.7%	64.9%	74.7%	78.7%	76.1%
Current ratio	30.71×	31.09×	3.84×	31.7×	30.77×	0.05×	33.24×	2.34×
Debt / equity	0.41×	0.52×	0.73×	0.72×	0.5×	0.82×	0.65×	0.69×
Interest coverage	2.91×	2.39×	2.17×	2.86×	4.23×	4.1×	2.75×	3.47×
Dividend yield	9.9%	8.2%	9.3%	9.4%	8.6%	8.3%	7.5%	8.1%
Payout ratio	103.0%	93.6%	96.9%	110.3%	112.8%	98.0%	103.2%	95.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	11.9%	12.9%	12.8%	12.2%	10.2%	13.2%	14.1%	13.1%
Return on invested capital	8.2%	8.5%	112.9%	7.1%	6.8%	-28.5%	8.5%	18.4%
Return on assets	8.2%	8.2%	7.2%	6.8%	6.6%	7.1%	8.3%	7.5%
Free cash flow yield	9.3%	7.7%	9.5%	8.4%	7.9%	8.4%	7.2%	8.8%
Earnings yield	9.6%	8.7%	9.6%	8.5%	7.6%	8.4%	7.3%	8.5%
Enterprise value	-$133.9M	$86.4M	$88.1M	$92.2M	$79.4M	$76.3M	$82.2M	$71.3M
Net debt / EBITDA	-36.57×	4×	5.67×	5.93×	4.86×	0×	0×	0×
Cash conversion cycle (days)	2,531,902	2,445	9	3,109	3,464	-7,517	-5,007	-7,305