Stock fact sheet · data as of
MCNB Banks, Inc. (MKIN): fair value, margin of safety and Wheel Score
Ticker symbol MKIN · Financial Services · Banks - Regional · United States · Blend
Is MKIN undervalued?
MCNB Banks, Inc. (MKIN) closed at 21.56 on 5 Nov 2026, 20% above the GLS average fair value of 17.95. Only 3 of the 7 models that produced a number value the shares above the current price. The margin of safety is negative, so the stock fails the "below fair value" Wheel Trade Filter; a premium of this size is common for companies whose growth the models are conservative about.
There is a wide gap between DCF (4.94) and Graham Number (41.97). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for MKIN, so the nightly engine files it under Blend (value score 64, growth score 61, out of 100).
Nine valuation models for MKIN
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 4.94 | -77% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 41.97 | +95% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 32.89 | +53% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 8.15 | -62% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 6.22 | -71% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 8.83 | -59% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 22.65 | +5% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -286.75 | -1430% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
No Piotroski health score is on file for MKIN (the statements it needs were not available), so the Health part of the Wheel Score counts it at half marks - 10 of 20 - rather than marking the stock down for missing data. A GLS Moat score of 4.4/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 3.3%, ROE 5.3%, ROA 0.6% - with debt at 0.59 times equity and negative free cash flow.
The dividend yield is 2.78% at a payout ratio of 29%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | - / 9 | ROIC | 3.3% |
|---|---|---|---|
| GLS Moat | 4.4 / 10 | ROE | 5.3% |
| Debt / equity | 0.59 | ROA | 0.6% |
| Free-cash-flow yield | -9.9% | Payout ratio | 29% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 17: No options
No options are listed on MCNB Banks, Inc. in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 17, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 0k shares a day on a market cap of $23M, with a beta of -0.12 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 20% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Fails | market cap $23M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 20% above fair value | |
| Premium | Weak | no option data | |
| Moat | Fair | moat 4.4/10 | |
| Health | Fair | no Piotroski score on file - half marks | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta -0.12, $23M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for MKIN in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to MCNB Banks, Inc. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| MCHT Mauch Chunk Trust Financial Corp. | 6.98 | 8.94 | +22% | 25No options | $23M |
| GOVB Gouverneur Bancorp, Inc. | 21.25 | 5.85 | -263% | 15No options | $23M |
| CNAF Commercial National Financial Corporation | 8.43 | 8.92 | +5% | 19No options | $24M |
| CIBN Community Investors Bancorp, Inc. | 28.04 | 103.49 | +73% | 30No options | $22M |
| CTYP Community Bankers' Corporation | 10.79 | 14.45 | +25% | 26No options | $24M |
| SNNF Seneca Bancorp, Inc. | 13.60 | 11.11 | -22% | 21No options | $24M |
| BAFN BayFirst Financial Corp. | 5.97 | 233.62 | +97% | 31No options | $25M |
| UNIF U & I Financial Corp. | 4.02 | 2.77 | -45% | 10No options | $22M |
| TVLF Tennessee Valley Financial Holdings, Inc. | 12.00 | 18.68 | +36% | 33No options | $22M |
| FBPI First Bancorp of Indiana, Inc. | 14.55 | 10.66 | -37% | 17No options | $25M |
| FLEW Fleetwood Bank Corporation | 84.00 | 100.53 | +16% | 24No options | $25M |
| FIBH First Bancshares, Inc. | 38.50 | 20.31 | -90% | 15No options | $21M |
⚖ Compare MKIN with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about MKIN
Is MKIN undervalued right now?
No: at 21.56 the stock trades 20% above the GLS average fair value of 17.95 (data as of 5 Nov 2026). The margin of safety is negative.
What is the Wheel Score of MKIN and what does it mean?
MKIN has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for MKIN?
17.95 per share as of 5 Nov 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does MCNB Banks, Inc. report earnings next?
No upcoming earnings date is recorded for MKIN in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does MKIN have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on MKIN, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.