Is Magyar Bancorp Inc (MGYR) overvalued? · P/E 9.7, rev $44.8M
Magyar Bancorp Inc (MGYR) is a banks - regional company listed on NASDAQ.
This page asks whether Magyar Bancorp Inc (MGYR) looks expensive on cached numbers — not a short thesis.
Latest reported MGYR revenue for 2026-06-30 was $44.8M. Net income was $9.3M. Revenue was up 51.7% from 2026-03-31 to 2026-06-30. MGYR currently screens at market cap $111.2M and trailing P/E 9.7.
MGYR currently screens at market cap $111.2M and trailing P/E 9.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MGYR 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MGYR stock page for the full model, not this heading.
Not investment advice.