Magyar Bancorp Inc (MGYR) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Magyar Bancorp Inc stock $16.74, price $21.90, that is 23.6% below the price, quality 53 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Magyar Bancorp Inc
MGYR · USOur calculation puts a fair price 24% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $8.43 – $23.00 · fair‑value band $14.38 – $20.03 · the $21.90 price screens above the $16.74 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Company profile
Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States.
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It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit.
The company provides one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans.
In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities.
Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.
Stock analysis
Magyar Bancorp Inc (MGYR) currently trades at $21.90, while our model-based Fair Value estimate is $16.74, 24% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $19.17 per share, and 1 of the 6 models we run sit above the $21.90 price.
Bear case: the Dividend Discount group reads lowest at $3.69, and 5 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $14.38 (bear) to $20.03 (bull), the price of $21.90 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 53/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Magyar Bancorp Inc reported revenue of $63.6M in FY2026 versus $32.2M in FY2022, a compound +18.5%/yr. Reported net income was $12.6M in FY2026, compounding +12.2%/yr from FY2022.
Key figures
Market cap $138M Micro · P/E ratio 11.7 · P/S ratio 3.49 · EPS (TTM) $1.87 · Dividend yield 1.5% · Net margin 31.7% · Return on equity 10.2% · Return on assets (EBIT) 1.3% (4-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 61 out of 100 (medium confidence).
What moves the price
The share trades about 5% below its 52-week high and 38% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −29% fair-value upside, at −24%, MGYR screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, no officer or director bought or sold shares on the open market.
- BuyMichael R LombardiDirector550 shares at $17.17$9,441Dec 12, 2025
Plus 5 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
MGYR screens overvalued: fair value 24% below the price. Compare with China Merchants Bank Co →
Compare Magyar Bancorp Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 996 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/S ratio by industry
- EBIT margin by industry
- Stock screener with 62 metrics
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.62 | ¥7.59 | +35% | vs MGYR |
| China Merchants Bank Co 600036 | ¥43.01 | ¥52.73 | +23% | vs MGYR |
| BNP Paribas SA BNP | €93.98 | €106.01 | +13% | vs MGYR |
| State Bank of India SBIN | ₹1,042 | ₹736.65 | −29% | vs MGYR |
| Intesa Sanpaolo S.p.A ISP | €6.35 | €4.49 | −29% | vs MGYR |
| Mizuho Financial Group MFG | $9.40 | $5.89 | −37% | vs MGYR |
| UniCredit S.p.A UCG | €81.62 | €50.44 | −38% | vs MGYR |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs MGYR |
| HDFC Bank Limited HDFCBANK | ₹798.15 | ₹406.39 | −49% | vs MGYR |
| ICICI Bank Limited ICICIBANK | ₹1,589 | ₹615.63 | −61% | vs MGYR |
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Frequently asked questions
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Key figures of Magyar Bancorp Inc
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