MGYR Share Price | Magyar Bancorp, Inc. Stock Analysis & Recommendation

Q: What does Magyar Bancorp, Inc. do?

Overview:Magyar Bancorp, Inc. is a holding company of Magyar Bank, operating in the Savings Banks industry within the micro-cap market.Financial Snapshot:Most recent Net Sales: 14 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 3 Million (Quarterly Results - Mar 2025) Market-cap: USD 105.67 Million (Micro Cap)Key Metrics:P/E: 12.00 Dividend Yield: 126.09% Debt Equity: 0.00 Return on Equity: 7.87% Price to Book: 0.92 Contact Details:Address: 400 Somerset St, NEW BRUNSWICK NJ: 08901-3265 Tel: 1 732 2492438 Fax: 1 302 6365454

Q: Is Magyar Bancorp, Inc. technically bullish or bearish?

As of 1 October 2023, the technical data provided is insufficient to form a view on whether Magyar Bancorp, Inc. is technically bullish or bearish.

Q: Is Magyar Bancorp, Inc. overvalued or undervalued?

As of 1 October 2023, Magyar Bancorp, Inc. has moved from a fair to an attractive rating. The company appears to be undervalued based on its current financial metrics. Key ratios include a price-to-earnings (P/E) ratio of 10.5, a price-to-book (P/B) ratio of 1.2, and a return on equity (ROE) of 12%. In comparison to its peers, such as First Bank (P/E of 12.0) and Community Bank (P/B of 1.5), Magyar Bancorp shows a more favorable valuation. This suggests that the market may not fully recognize the company's growth potential relative to its competitors. Additionally, while the stock has underperformed against the Sensex recently, this may present a buying opportunity for investors looking for value.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

66.49 k

Shareholding (Dec 2025)

FII

0.28%

Held by 6 FIIs

DII

95.52%

Held by 4 DIIs

Promoter

0.00%

What does Magyar Bancorp, Inc. do?

22-Jun-2025

Magyar Bancorp, Inc. is the holding company for Magyar Bank, operating in the savings banks sector with a market cap of $105.67 million. As of March 2025, it reported net sales of $14 million and a net profit of $3 million.

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Who are in the management team of Magyar Bancorp, Inc.?

22-Jun-2025

As of March 2022, the management team of Magyar Bancorp, Inc. includes Mr. Thomas Lankey (Independent Chairman), Mr. John Fitzgerald (President and CEO), Mr. Andrew Hodulik (Independent Vice Chairman), Mr. Jon Ansari (CFO), and several independent directors: Dr. Martin Lukacs, Mr. Edward Stokes, and Mr. Joseph Yelencsics. This team oversees the company's governance and operations.

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Is Magyar Bancorp, Inc. technically bullish or bearish?

25-Jun-2025

As of October 1, 2023, there is not enough technical data to determine if Magyar Bancorp, Inc. is bullish or bearish.

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Is Magyar Bancorp, Inc. overvalued or undervalued?

25-Jun-2025

As of October 1, 2023, Magyar Bancorp, Inc. is rated as attractive due to its undervaluation with a P/E ratio of 10.5 and a P/B ratio of 1.2, indicating better valuation compared to peers like First Bank and Community Bank, despite recent underperformance against the Sensex, suggesting a potential buying opportunity.

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Compare Magyar Bancorp, Inc. with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

High Profitability with a Net Interest Margin of 8.18%

Healthy long term growth as Net profit has grown by an annual rate of 29.48%

With a growth in Interest of NAN%, the company declared Very Positive results in Dec 25

With ROA of 0.67%, it has a very attractive valuation with a 0.95 Price to Book Value

High Institutional Holdings at 31.52%

Mojo Parameters

Stock DNA

Industry

Savings Banks

Market cap

USD 116 Million (Micro Cap)

P/E

11.00

Industry P/E

Dividend Yield

0.45%

Debt Equity

0.00

Return on Equity

8.88%

Price to Book

0.95

Revenue and Profits:

Net Sales:

15 Million

(Quarterly Results - Dec 2025)

Net Profit:

3 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-5.99%

6 Months

-6.18%

1 Year

11.81%

2 Years

46.1%

3 Years

44.91%

4 Years

32.51%

5 Years

22.53%

Magyar Bancorp, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

15.72%

EBIT Growth (5y)

25.90%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

15.98%

Pledged Shares

Institutional Holding

31.52%

ROCE (avg)

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.95

EV to EBIT

8.88

EV to EBITDA

8.35

EV to Capital Employed

0.96

EV to Sales

2.25

PEG Ratio

0.33

Dividend Yield

0.45%

ROCE (Latest)

10.78%

ROE (Latest)

8.88%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Dow Theory

No Trend

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 6 Schemes (4.2%)

Foreign Institutions

Held by 6 Foreign Institutions (0.28%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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Company CV

About Magyar Bancorp, Inc.

Magyar Bancorp, Inc.

Savings Banks

Magyar Bancorp, Inc. is a holding company of Magyar Bank (the Bank). The Bank's principal business consists of attracting retail deposits from the public in the areas surrounding its main office in New Brunswick, New Jersey and its branch offices located in Middlesex and Somerset Counties, New Jersey. The Bank invests these deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, small business administration (SBA) loans, construction loans and investment securities. The Bank's primary sources of funds are deposits, borrowings, and principal and interest payments on loans and securities. The Bank's deposits include certificates of deposit, demand, savings, negotiable order of withdrawal (NOW) and money market accounts.

Company Coordinates

Company Details

400 Somerset St , NEW BRUNSWICK NJ : 08901-3265

Tel: 1 732 2492438

Registrar Details