MRC GLOBAL INC (MRC)
US55345K1034 - Common Stock
Taking everything into account, MRC scores 4 out of 10 in our fundamental rating. MRC was compared to 51 industry peers in the Trading Companies & Distributors industry. MRC has only an average score on both its financial health and profitability. MRC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MRC had positive earnings in the past year.
MRC had a positive operating cash flow in the past year.
In multiple years MRC reported negative net income over the last 5 years.
Of the past 5 years MRC 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.77%, MRC is in line with its industry, outperforming 47.06% of the companies in the same industry.
With a Return On Equity value of 10.68%, MRC is not doing good in the industry: 60.78% of the companies in the same industry are doing better.
MRC's Return On Invested Capital of 12.23% is fine compared to the rest of the industry. MRC outperforms 72.55% of its industry peers.
MRC had an Average Return On Invested Capital over the past 3 years of 9.39%. This is below the industry average of 11.53%.
The last Return On Invested Capital (12.23%) for MRC is above the 3 year average (9.39%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 10.68% | ||
| ROIC | 12.23% |
ROA(3y)1.73%
ROA(5y)-2.18%
ROE(3y)3.98%
ROE(5y)-5.76%
ROIC(3y)9.39%
ROIC(5y)7.01%
1.3 Margins
Looking at the Profit Margin, with a value of 2.64%, MRC is doing worse than 68.63% of the companies in the same industry.
MRC's Profit Margin has improved in the last couple of years.
MRC's Operating Margin of 5.54% is on the low side compared to the rest of the industry. MRC is outperformed by 66.67% of its industry peers.
MRC's Operating Margin has improved in the last couple of years.
MRC has a worse Gross Margin (20.28%) than 78.43% of its industry peers.
MRC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.54% | ||
| PM (TTM) | 2.64% | ||
| GM | 20.28% |
OM growth 3Y36.3%
OM growth 5Y12.72%
PM growth 3YN/A
PM growth 5Y17.09%
GM growth 3Y2.87%
GM growth 5Y4.19%
2. Health
2.1 Basic Checks
MRC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
MRC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for MRC has been reduced compared to 5 years ago.
The debt/assets ratio for MRC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.54 indicates that MRC is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.54, MRC is in line with its industry, outperforming 49.02% of the companies in the same industry.
MRC has a debt to FCF ratio of 1.81. This is a very positive value and a sign of high solvency as it would only need 1.81 years to pay back of all of its debts.
The Debt to FCF ratio of MRC (1.81) is better than 70.59% of its industry peers.
MRC has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.01, MRC belongs to the top of the industry, outperforming 86.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 1.81 | ||
| Altman-Z | 2.54 |
ROIC/WACC1.29
WACC9.46%
2.3 Liquidity
A Current Ratio of 1.48 indicates that MRC should not have too much problems paying its short term obligations.
MRC has a worse Current ratio (1.48) than 64.71% of its industry peers.
MRC has a Quick Ratio of 1.48. This is a bad value and indicates that MRC is not financially healthy enough and could expect problems in meeting its short term obligations.
MRC's Quick ratio of 0.76 is on the low side compared to the rest of the industry. MRC is outperformed by 74.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The earnings per share for MRC have decreased by -5.08% in the last year.
Measured over the past years, MRC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.07% on average per year.
Looking at the last year, MRC shows a small growth in Revenue. The Revenue has grown by 1.46% in the last year.
The Revenue has been decreasing by -3.94% on average over the past years.
EPS 1Y (TTM)-5.08%
EPS 3YN/A
EPS 5Y14.07%
EPS growth Q2Q-28.12%
Revenue 1Y (TTM)1.46%
Revenue growth 3Y10.05%
Revenue growth 5Y-3.94%
Revenue growth Q2Q-11.62%
3.2 Future
Based on estimates for the next years, MRC will show a small growth in Earnings Per Share. The EPS will grow by 5.04% on average per year.
MRC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.71% yearly.
EPS Next Y-2.31%
EPS Next 2Y13.95%
EPS Next 3Y2.95%
EPS Next 5Y5.04%
Revenue Next Year-4.3%
Revenue Next 2Y0.63%
Revenue Next 3Y4.1%
Revenue Next 5Y2.71%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.21, which indicates a correct valuation of MRC.
Based on the Price/Earnings ratio, MRC is valued a bit cheaper than 66.67% of the companies in the same industry.
MRC is valuated cheaply when we compare the Price/Earnings ratio to 28.43, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.49, which indicates a correct valuation of MRC.
MRC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MRC is cheaper than 72.55% of the companies in the same industry.
MRC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.21 | ||
| Fwd PE | 12.49 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MRC indicates a rather cheap valuation: MRC is cheaper than 82.35% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MRC indicates a rather cheap valuation: MRC is cheaper than 92.16% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.02 | ||
| EV/EBITDA | 5.83 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.87
EPS Next 2Y13.95%
EPS Next 3Y2.95%
5. Dividend
5.1 Amount
MRC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MRC GLOBAL INC
NYSE:MRC (5/10/2024, 7:07:30 PM)
After market: 12.99 -0.68 (-4.97%)13.67
+0.91 (+7.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.16B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.21 | ||
| Fwd PE | 12.49 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 10.68% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.54% | ||
| PM (TTM) | 2.64% | ||
| GM | 20.28% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-5.08%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-2.31%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.46%
Revenue growth 3Y10.05%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y