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MGF

NEUTRAL
$2.9 Live
MFS Government Markets Income Trust · NYSE
$2.88 52W Range $3.15

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 30, 2026
Market cap
$94.51M
P/E
18.12
ROE
5.1%
Profit margin
125.6%
Debt/Equity
N/A
Dividend yield
7.93%

AI Analysis

AI-powered fundamental assessment

Confidence
85%
MGF presents a stable but stagnant profile, anchored by a Piotroski F-Score of 5/9 and a current price ($2.90) that sits below its Graham Number ($3.39) but above its growth-based intrinsic value ($2.01). While the trust appears undervalued from a book perspective (P/B 0.91), the financial health is undermined by a highly unsustainable dividend payout ratio of 144.60%. Technical trends are strictly bearish (0/100), and negative revenue growth suggests a lack of fundamental momentum despite slight earnings growth.

Key Strengths

Trading below Graham Number ($3.39) suggesting defensive value
Price-to-Book ratio of 0.91 indicates the stock is trading at a discount to net assets
Stable Piotroski F-Score (5/9) indicating moderate financial health
Attractive headline dividend yield of 7.93%
Positive earnings growth (3.70%) despite revenue contraction

Key Risks

Unsustainable payout ratio (144.60%) indicating dividends are funded by capital or debt rather than earnings
Negative year-over-year revenue growth (-5.40%)
Severely bearish technical trend (0/100)
Low current ratio (0.36) suggesting potential liquidity constraints
Significant gap between current price and intrinsic value ($2.01)
AI Fair Value Estimate
Based on comprehensive analysis
$2.65
-8.6% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
43
Moderate
Value
65
Future
30
Past
45
Health
55
Dividend
20
AI Verdict
Cautionary Hold
Key drivers: Unsustainable dividend payout, Bearish technicals, Discount to book value
Confidence
90%
Value
65/100

P/E of 18.13 is moderate, but Graham Number suggests a ceiling of $3.39.

Positives
  • P/B < 1.0
  • Price < Graham Number
Watchpoints
  • Price > Intrinsic Value
Future
30/100

Revenue growth of -5.40% suggests a shrinking top line.

Positives
  • Slight earnings growth
Watchpoints
  • Negative revenue growth
  • Dividend risk
Past
45/100

Long-term performance is stagnant to negative.

Positives
  • Positive 3Y change (+10.3%)
Watchpoints
  • Negative 5Y change (-3.8%)
  • Recent short-term decline
Health
55/100

Altman Z-Score not available; relying on Piotroski for stability baseline.

Positives
  • Piotroski F-Score 5/9 (Stable)
Watchpoints
  • Current ratio 0.36
Dividend
20/100

Dividend is not covered by earnings, posing a high risk of a cut.

Positives
  • High yield (7.93%)
Watchpoints
  • Payout ratio 144.60%

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$2.9

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for MGF and closest competitors.

Updated 2026-04-29
MGF
MFS Government Markets Income Trust
Primary
5Y
-3.8%
3Y
+10.3%
1Y
+0.8%
6M
-0.9%
1M
-0.4%
1W
-0.3%
BMH
Bluemount Holdings Limited
Peer
5Y
-7.6%
3Y
-7.6%
1Y
-7.6%
6M
-11.6%
1M
+2.1%
1W
-0.9%
IGI
Western Asset Investment Grade Opportunity Trust Inc.
Peer
5Y
-8.7%
3Y
+11.2%
1Y
+3.6%
6M
-2.1%
1M
+1.3%
1W
-1.6%
SSB
Summit State Bank
Peer
5Y
+2.3%
3Y
+7.4%
1Y
+62.1%
6M
+15.6%
1M
+4.2%
1W
+0.3%
GDL
The GDL Fund
Peer
5Y
+26.4%
3Y
+30.0%
1Y
+11.4%
6M
+2.3%
1M
+1.4%
1W
+0.5%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
18.12
Forward P/E
N/A
PEG Ratio
N/A
P/B Ratio
0.91
P/S Ratio
22.34
EV/Revenue
N/A
EV/EBITDA
N/A
Market Cap
$94.51M

Profitability

Profit margins and return metrics

Profit Margin 125.62%
Operating Margin 80.45%
Gross Margin 100.0%
ROE 5.06%
ROA 1.97%

Growth

Revenue and earnings growth rates

Revenue Growth -5.4%
Earnings Growth +3.7%
Q/Q Revenue Growth N/A
Q/Q Earnings Growth +3.7%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
N/A
Current Ratio
0.36
Weak
Quick Ratio
0.36
Poor
Cash/Share
$N/A

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Total Assets
$0.1B
Liabilities
$0.0B
Equity
$0.1B
Debt/Equity
0.02x

Financial Services Sector Comparison

Comparing MGF against 900 companies in the Financial Services sector (146 bullish, 386 neutral, 368 bearish)
P/E Ratio
18.12
This Stock
vs
34.62
Sector Avg
-47.6% (Discount)
Return on Equity (ROE)
5.06%
This Stock
vs
0.0%
Sector Avg
+177185.9% (Excellent)
Profit Margin
125.62%
This Stock
vs
91.87%
Sector Avg
+36.7% (Superior)
Revenue Growth
-5.4%
This Stock
vs
34.34%
Sector Avg
-115.7% (Slower)
Current Ratio
0.36
This Stock
vs
3.02
Sector Avg
-87.9% (Weaker)

Similar Companies

Peer comparison within the same industry

Past News Coverage

Recent headlines mentioning MGF from our newsroom.

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