VATE vs MBCN

Comparison between Innovate Corp (VATE, Company) and Middlefield Banc Corp (MBCN, Company).

VATE is from the Industrials sector, while MBCN is from the Financial Services sector.

5-Year PerformanceMBCN has outperformed VATE, delivering a return of +11.0% compared to -12.6%

VATE vs MBCN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VATE(COMPANY)	MBCN(COMPANY)
Market Cap	$274M	$272M
Max Drawdown	98.14%	64.42%
Sharpe Ratio	1.97	0.69
5Y Beta	1.27	N/A
Industry	Engineering & Construction	Banks - Regional
P/E Ratio	-5.13	12.86
Forward P/E	4.86	17.21
PEG Ratio	-0.21	0.26
Dividend Yield	N/A	2.49%
5Y Dividends CAGR	N/A	11.84%
5Y EPS CAGR	N/A	13.20%
Debt to Equity	-238.31%	0.00%
Free Cash Flow Yield	73.63%	6.46%

Market Cap

Winner

VATE

$274M

MBCN

$272M

Max Drawdown

VATE

98.14%

Winner

MBCN

64.42%

Sharpe Ratio

Winner

VATE

1.97

MBCN

0.69

5Y Beta

VATE

1.27

MBCN

N/A

Industry

VATE

Engineering & Construction

MBCN

Banks - Regional

P/E Ratio

Winner

VATE

-5.13

MBCN

12.86

Forward P/E

Winner

VATE

4.86

MBCN

17.21

PEG Ratio

Winner

VATE

-0.21

MBCN

0.26

Dividend Yield

VATE

N/A

MBCN

2.49%

5Y Dividends CAGR

VATE

N/A

MBCN

11.84%

5Y EPS CAGR

VATE

N/A

MBCN

13.20%

Debt to Equity

Winner

VATE

-238.31%

MBCN

0.00%

Free Cash Flow Yield

Winner

VATE

73.63%

MBCN

6.46%

VATE vs MBCN - Historical Returns

Returns include dividend reinvestment.

Period	VATE	MBCN
1 month	+84.21%	+0.01%
3 months	+404.02%	-5.65%
6 months	+272.86%	+17.02%
1 year	+279.92%	+30.35%
5 years(CAGR)	-12.63%	+10.97%
10 years(CAGR)	-3.66%	+10.88%
Max(CAGR)	+6.60%	+7.84%

Winner

VATE

+84.21%

MBCN

+0.01%

Winner

VATE

+404.02%

MBCN

-5.65%

Winner

VATE

+272.86%

MBCN

+17.02%

Winner

VATE

+279.92%

MBCN

+30.35%

5Y(CAGR)

VATE

-12.63%

Winner

MBCN

+10.97%

10Y(CAGR)

VATE

-3.66%

Winner

MBCN

+10.88%

Max(CAGR)

VATE

+6.60%

Winner

MBCN

+7.84%

VATE vs MBCN - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	VATE	MBCN
2026	+285.77%	-0.18%
2025	-9.60%	+27.56%
2024	-57.04%	-11.56%
2023	-42.79%	+21.89%
2022	-52.17%	+13.87%
2021	+20.52%	+15.94%
2020	+47.51%	-13.23%
2019	-18.73%	+25.93%
2018	-56.36%	-11.76%
2017	+29.51%	+26.54%
2016	+16.05%	+23.35%
2015	-36.34%	-0.42%
2014	+195.79%	+33.89%
2013	-18.31%	+0.09%
2012	+16.22%	+53.54%
2011	+1.28%	+8.04%
2010	+100.00%	-8.22%
2009	+43.75%	-4.98%
2008	N/A	-40.54%
2007	N/A	-3.66%
2006	N/A	+5.41%
2005	N/A	+10.30%
2004	N/A	+22.52%
2003	N/A	+8.30%
2002	N/A	+14.09%

VATE vs MBCN Drawdown Comparison

The maximum drawdown for VATE was -96.53%, occurring on Oct 3, 2024. This drawdown has not yet recovered.

The maximum drawdown for MBCN was -59.04%, occurring on Sep 23, 2009. Recovery took 1947 trading sessions.

The current VATE drawdown is -78.75%. The current MBCN drawdown is -9.77%.

Rank	VATE	MBCN
#1	-96.53% Mar 26, 2015 - Oct 3, 2024	-59.04% Apr 12, 2005 - Jan 4, 2013
#2	-39.74% May 9, 2013 - Sep 17, 2014	-52.45% Dec 16, 2019 - Nov 10, 2021
#3	-39.37% Feb 1, 2011 - Mar 23, 2012	-42.71% Dec 15, 2023 - Nov 28, 2025
#4	-27.23% Aug 28, 2009 - Oct 18, 2010	-26.52% Jun 12, 2018 - Nov 27, 2019
#5	-26.24% Jul 3, 2012 - May 9, 2013	-23.58% Feb 13, 2023 - Jun 7, 2023
#6	-18.89% May 2, 2012 - Jul 2, 2012	-22.79% Jan 22, 2013 - Sep 5, 2014
#7	-17.50% Jul 13, 2009 - Aug 10, 2009	-22.65% Sep 4, 2002 - Feb 23, 2004
#8	-15.38% Dec 31, 2014 - Mar 11, 2015	-21.66% Jun 2, 2017 - Apr 16, 2018
#9	-12.93% Nov 26, 2014 - Dec 24, 2014	-17.55% Aug 8, 2023 - Dec 6, 2023
#10	-10.09% Nov 17, 2010 - Dec 8, 2010	-16.67% Aug 12, 2002 - Sep 4, 2002
#11	-8.77% Oct 6, 2014 - Nov 5, 2014	-16.39% Sep 26, 2014 - Dec 1, 2015
#12	-8.50% Oct 26, 2010 - Nov 11, 2010	-12.25% Dec 11, 2025 - Jan 28, 2026
#13	-5.85% Dec 15, 2010 - Jan 4, 2011	-11.87% Jun 7, 2023 - Jul 24, 2023
#14	-3.71% Apr 4, 2012 - Apr 17, 2012	-11.42% Nov 15, 2021 - Aug 4, 2022
#15	-3.51% Apr 18, 2012 - Apr 27, 2012	-9.51% Dec 2, 2015 - Sep 8, 2016

Correlation

Correlation between VATE and MBCN is -0.16 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.16

-101

Dividend Comparison (2002 - 2026)

VATE vs MBCN dividend yield comparison.

Year	VATE	MBCN
2026	0.00%	0.62%
2025	0.00%	2.43%
2024	0.00%	2.85%
2023	0.00%	2.63%
2022	0.00%	2.96%
2021	0.00%	2.78%
2020	0.00%	2.67%
2019	0.00%	2.18%
2018	0.00%	2.64%
2017	43.53%	2.24%
2016	0.00%	2.79%
2015	0.00%	3.30%
2014	0.00%	3.09%
2013	298.25%	4.00%
2012	36.80%	4.12%
2011	0.00%	7.54%
2010	0.00%	5.84%
2009	0.00%	5.20%
2008	0.00%	4.96%
2007	0.00%	2.55%
2006	0.00%	2.25%
2005	0.00%	2.22%
2004	0.00%	2.34%
2003	0.00%	2.64%
2002	0.00%	1.33%