MVB Financial Corp. (MVBF) 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

+25.6%

$32.99

vs $26.26 price

Levered DCF

$27.90

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.31

Distress zone

Rating

Overall 3 / 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	12.24×	13.27×	9.17×	17.9×	12.51×	7.25×	11.03×	17.35×
P/B	0.99×	0.87×	0.99×	1.02×	1.78×	1.12×	1.38×	1.13×
P/S	1.22×	1.17×	1.34×	1.74×	4.4×	2.08×	2.03×	1.9×
EV / EBITDA	4.14×	0.84×	-0.83×	20.67×	5.1×	0.92×	12.76×	22.35×
Gross margin	71.7%	64.7%	69.7%	81.4%	100.0%	78.1%	82.8%	80.8%
Operating margin	13.6%	11.6%	12.8%	9.9%	42.7%	36.5%	24.3%	14.7%
Net margin	10.0%	8.8%	14.7%	9.9%	35.2%	29.1%	18.8%	11.4%
Current ratio	0.09×	0.27×	0.26×	0.19×	0.33×	0.37×	0.25×	0.22×
Debt / equity	0.23×	0.25×	0.29×	0.75×	0.31×	0.22×	1.12×	1.4×
Interest coverage	0.54×	0.34×	0.41×	1.06×	7.57×	4.04×	1.52×	0.87×
Dividend yield	2.6%	3.3%	3.0%	3.1%	1.2%	1.8%	0.9%	0.9%
Payout ratio	32.3%	43.7%	27.7%	55.5%	15.5%	12.7%	10.3%	14.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	8.1%	6.6%	10.8%	5.8%	14.2%	15.6%	12.7%	6.8%
Return on invested capital	5.8%	4.7%	5.4%	2.6%	10.5%	12.8%	4.2%	2.8%
Return on assets	0.8%	0.6%	0.9%	0.5%	1.4%	1.6%	1.4%	0.7%
Free cash flow yield	0.6%	-0.7%	19.7%	1.6%	6.1%	39.4%	-3.5%	2.0%
Earnings yield	8.2%	7.5%	10.9%	5.7%	8.0%	14.0%	9.2%	6.0%
Enterprise value	$163.2M	$25.5M	-$26.7M	$420.6M	$263.3M	$46.1M	$488.5M	$409.3M
Net debt / EBITDA	-4.23×	-7.97×	-9.69×	7.62×	-4.37×	-4.42×	5.14×	11.49×
Cash conversion cycle (days)	0	0	0	-321	4,024,406	-526	-489	-204