McGrath RentCorp (MGRC)
Total Valuation
MGRC has a market cap or net worth of $3.00 billion. The enterprise value is $3.76 billion.
Market Cap | 3.00B |
Enterprise Value | 3.76B |
Important Dates
The next estimated earnings date is Thursday, May 2, 2024, after market close.
Earnings Date | May 2, 2024 |
Ex-Dividend Date | Apr 15, 2024 |
Share Statistics
MGRC has 24.50 million shares outstanding. The number of shares has increased by 0.04% in one year.
Shares Outstanding | 24.50M |
Shares Change (YoY) | +0.04% |
Shares Change (QoQ) | +0.04% |
Owned by Insiders (%) | 0.64% |
Owned by Institutions (%) | 86.95% |
Float | 24.12M |
Valuation Ratios
The trailing PE ratio is 17.33 and the forward PE ratio is 22.32. MGRC's PEG ratio is 1.73.
PE Ratio | 17.33 |
Forward PE | 22.32 |
PS Ratio | 3.60 |
Forward PS | 3.42 |
PB Ratio | 3.21 |
P/FCF Ratio | n/a |
PEG Ratio | 1.73 |
Enterprise Valuation
EV / Earnings | 21.53 |
EV / Sales | 4.52 |
EV / EBITDA | 10.38 |
EV / EBIT | 14.87 |
EV / FCF | n/a |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | 0.82 |
Debt / EBITDA | 2.11 |
Debt / FCF | n/a |
Interest Coverage | 6.23 |
Financial Efficiency
Return on equity (ROE) is 19.50% and return on invested capital (ROIC) is 9.20%.
Return on Equity (ROE) | 19.50% |
Return on Assets (ROA) | 8.20% |
Return on Capital (ROIC) | 9.20% |
Revenue Per Employee | $690,899 |
Profits Per Employee | $145,034 |
Employee Count | 1,204 |
Asset Turnover | 0.39 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, MGRC has paid $37.61 million in taxes.
Income Tax | 37.61M |
Effective Tax Rate | 17.72% |
Stock Price Statistics
The stock price has increased by +32.86% in the last 52 weeks. The beta is 0.79, so MGRC's price volatility has been lower than the market average.
Beta (1Y) | 0.79 |
52-Week Price Change | +32.86% |
50-Day Moving Average | 122.57 |
200-Day Moving Average | 106.29 |
Relative Strength Index (RSI) | 51.51 |
Average Volume (30 Days) | 342,049 |
Short Selling Information
The latest short interest is 2.26 million, so 9.23% of the outstanding shares have been sold short.
Short Interest | 2.26M |
Short Previous Month | 1.84M |
Short % of Shares Out | 9.23% |
Short % of Float | 9.37% |
Short Ratio (days to cover) | 3.11 |
Income Statement
In the last 12 months, MGRC had revenue of $831.84 million and earned $174.62 million in profits. Earnings per share was $7.12.
Revenue | 831.84M |
Gross Profit | 393.63M |
Operating Income | 189.71M |
Pretax Income | 212.23M |
Net Income | 174.62M |
EBITDA | 362.17M |
EBIT | 252.79M |
Earnings Per Share (EPS) | $7.12 |
Balance Sheet
The company has $877,000 in cash and $762.98 million in debt, giving a net cash position of -$762.10 million or -$31.11 per share.
Cash & Cash Equivalents | 877,000 |
Total Debt | 762.98M |
Net Cash | -762.10M |
Net Cash Per Share | -$31.11 |
Equity / Book Value | 933.80M |
Book Value Per Share | 38.12 |
Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $95.34 million and capital expenditures -$197.80 million, giving a free cash flow of -$102.46 million.
Operating Cash Flow | 95.34M |
Capital Expenditures | -197.80M |
Free Cash Flow | -102.46M |
FCF Per Share | -$4.19 |
Margins
Gross margin is 47.32%, with operating and profit margins of 22.81% and 20.99%.
Gross Margin | 47.32% |
Operating Margin | 22.81% |
Pretax Margin | 25.51% |
Profit Margin | 20.99% |
EBITDA Margin | 43.54% |
EBIT Margin | 30.39% |
FCF Margin | -12.32% |
Dividends & Yields
This stock pays an annual dividend of $1.90, which amounts to a dividend yield of 1.54%.
Dividend Per Share | $1.90 |
Dividend Yield | 1.54% |
Dividend Growth (YoY) | 2.19% |
Years of Dividend Growth | 25 |
Payout Ratio | 26.69% |
Buyback Yield | -0.04% |
Shareholder Yield | 1.50% |
Earnings Yield | 5.82% |
FCF Yield | -3.42% |
Analyst Forecast
The average price target for MGRC is $116.00, which is -5.97% lower than the current price. The consensus rating is "Buy".
Price Target | $116.00 |
Price Target Difference | -5.97% |
Analyst Consensus | Buy |
Analyst Count | 1 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 28, 2005. It was a forward split with a ratio of 2:1.
Last Split Date | Mar 28, 2005 |
Split Type | Forward |
Split Ratio | 2:1 |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 5 |