MRC Global Inc. (MRC)

NYSE: MRC · IEX Real-Time Price · USD
11.70
-0.05 (-0.43%)
Feb 23, 2024, 4:00 PM EST - Market closed

Total Valuation

MRC Global has a market cap or net worth of $987.37 million. The enterprise value is $1.38 billion.

Market Cap 987.37M
Enterprise Value 1.38B

Important Dates

The last earnings date was Tuesday, February 13, 2024, after market close.

Earnings Date Feb 13, 2024
Ex-Dividend Date n/a

Share Statistics

MRC Global has 84.39 million shares outstanding. The number of shares has increased by 0.71% in one year.

Shares Outstanding 84.39M
Shares Change (YoY) +0.71%
Shares Change (QoQ) -19.26%
Owned by Insiders (%) 2.11%
Owned by Institutions (%) 96.91%
Float 82.61M

Valuation Ratios

The trailing PE ratio is 11.14 and the forward PE ratio is 10.86. MRC Global's PEG ratio is 9.89.

PE Ratio 11.14
Forward PE 10.86
PS Ratio 0.29
Forward PS 0.29
PB Ratio 2.02
P/FCF Ratio 5.91
PEG Ratio 9.89
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.12, with an EV/FCF ratio of 8.25.

EV / Earnings 15.30
EV / Sales 0.40
EV / EBITDA 6.12
EV / EBIT 7.45
EV / FCF 8.25

Financial Position

The company has a current ratio of 1.48, with a Debt / Equity ratio of 1.07.

Current Ratio 1.48
Quick Ratio 0.72
Debt / Equity 1.07
Debt / EBITDA 2.32
Debt / FCF 3.12
Interest Coverage 5.78

Financial Efficiency

Return on equity (ROE) is 20.00% and return on invested capital (ROIC) is 13.81%.

Return on Equity (ROE) 20.00%
Return on Assets (ROA) 4.60%
Return on Capital (ROIC) 13.81%
Revenue Per Employee $1.22M
Profits Per Employee $32,143
Employee Count 2,800
Asset Turnover 1.74
Inventory Turnover 4.78

Taxes

In the past 12 months, MRC Global has paid $39.00 million in taxes.

Income Tax 39.00M
Effective Tax Rate 30.23%

Stock Price Statistics

The stock price has increased by +4.84% in the last 52 weeks. The beta is 2.00, so MRC Global's price volatility has been higher than the market average.

Beta (1Y) 2.00
52-Week Price Change +4.84%
50-Day Moving Average 10.76
200-Day Moving Average 10.21
Relative Strength Index (RSI) 62.39
Average Volume (30 Days) 568,426

Short Selling Information

The latest short interest is 1.65 million, so 1.96% of the outstanding shares have been sold short.

Short Interest 1.65M
Short Previous Month 1.53M
Short % of Shares Out 1.96%
Short % of Float 2.00%
Short Ratio (days to cover) 3.22

Income Statement

In the last 12 months, MRC Global had revenue of $3.41 billion and earned $90.00 million in profits. Earnings per share was $1.05.

Revenue 3.41B
Gross Profit 690.00M
Operating Income 187.00M
Pretax Income 153.00M
Net Income 90.00M
EBITDA 225.00M
EBIT 185.00M
Earnings Per Share (EPS) $1.05
Full Income Statement

Balance Sheet

The company has $131.00 million in cash and $521.00 million in debt, giving a net cash position of -$390.00 million or -$4.62 per share.

Cash & Cash Equivalents 131.00M
Total Debt 521.00M
Net Cash -390.00M
Net Cash Per Share -$4.62
Equity / Book Value 488.00M
Book Value Per Share 5.78
Working Capital 372.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $181.00 million and capital expenditures -$14.00 million, giving a free cash flow of $167.00 million.

Operating Cash Flow 181.00M
Capital Expenditures -14.00M
Free Cash Flow 167.00M
FCF Per Share $1.98
Full Cash Flow Statement

Margins

Gross margin is 20.22%, with operating and profit margins of 5.48% and 2.64%.

Gross Margin 20.22%
Operating Margin 5.48%
Pretax Margin 4.48%
Profit Margin 2.64%
EBITDA Margin 6.59%
EBIT Margin 5.42%
FCF Margin 4.89%

Dividends & Yields

MRC Global does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.71%
Shareholder Yield -0.71%
Earnings Yield 9.12%
FCF Yield 16.91%

Analyst Forecast

The average price target for MRC Global is $15.20, which is 29.92% higher than the current price. The consensus rating is "Strong Buy".

Price Target $15.20
Price Target Difference 29.92%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (5Y) 4.79%
EPS Growth Forecast (5Y) 6.75%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

MRC Global has an Altman Z-Score of 2.29 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.29
Piotroski F-Score 6