MRC Global Inc (MRC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MRC - US55345K1034 - Common Stock
13.78 USD
-0.06 (-0.43%)
13.78 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to MRC. MRC was compared to 49 industry peers in the Trading Companies & Distributors industry. MRC has an average financial health and profitability rating. MRC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MRC had positive earnings in the past year.
In the past year MRC had a positive cash flow from operations.
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
MRC has a Return On Assets of -1.13%. This is in the lower half of the industry: MRC underperforms 70.59% of its industry peers.
MRC has a Return On Equity of -3.73%. This is in the lower half of the industry: MRC underperforms 70.59% of its industry peers.
MRC has a Return On Invested Capital (5.27%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for MRC is in line with the industry average of 9.22%.
The last Return On Invested Capital (5.27%) for MRC is well below the 3 year average (11.12%), which needs to be investigated, but indicates that MRC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.13% | ||
| ROE | -3.73% | ||
| ROIC | 5.27% |
ROA(3y)3.02%
ROA(5y)-1.99%
ROE(3y)7.53%
ROE(5y)-5.06%
ROIC(3y)11.12%
ROIC(5y)8.3%
1.3 Margins
In the last couple of years the Profit Margin of MRC has grown nicely.
MRC has a worse Operating Margin (2.91%) than 66.67% of its industry peers.
In the last couple of years the Operating Margin of MRC has grown nicely.
The Gross Margin of MRC (20.01%) is worse than 74.51% of its industry peers.
MRC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.91% | ||
| PM (TTM) | N/A | ||
| GM | 20.01% |
OM growth 3Y12.04%
OM growth 5Y9.77%
PM growth 3YN/A
PM growth 5Y16.09%
GM growth 3Y3.58%
GM growth 5Y2.92%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MRC is creating some value.
Compared to 1 year ago, MRC has more shares outstanding
Compared to 5 years ago, MRC has more shares outstanding
Compared to 1 year ago, MRC has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.16 indicates that MRC is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.16, MRC perfoms like the industry average, outperforming 43.14% of the companies in the same industry.
The Debt to FCF ratio of MRC is 4.21, which is a neutral value as it means it would take MRC, 4.21 years of fcf income to pay off all of its debts.
MRC's Debt to FCF ratio of 4.21 is fine compared to the rest of the industry. MRC outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 0.83 indicates that MRC is somewhat dependend on debt financing.
The Debt to Equity ratio of MRC (0.83) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 4.21 | ||
| Altman-Z | 2.16 |
ROIC/WACC0.59
WACC9%
2.3 Liquidity
MRC has a Current Ratio of 1.84. This is a normal value and indicates that MRC is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of MRC (1.84) is comparable to the rest of the industry.
MRC has a Quick Ratio of 1.00. This is a normal value and indicates that MRC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.00, MRC is in line with its industry, outperforming 41.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for MRC have decreased strongly by -54.17% in the last year.
MRC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.84% yearly.
The Revenue has decreased by -7.81% in the past year.
Measured over the past years, MRC shows a decrease in Revenue. The Revenue has been decreasing by -3.84% on average per year.
EPS 1Y (TTM)-54.17%
EPS 3Y37.51%
EPS 5Y13.84%
EPS Q2Q%-40.91%
Revenue 1Y (TTM)-7.81%
Revenue growth 3Y4.14%
Revenue growth 5Y-3.84%
Sales Q2Q%-14.93%
3.2 Future
The Earnings Per Share is expected to grow by 24.37% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.22% on average over the next years.
EPS Next Y57.72%
EPS Next 2Y35.98%
EPS Next 3Y25.1%
EPS Next 5Y24.37%
Revenue Next Year-0.25%
Revenue Next 2Y2.55%
Revenue Next 3Y0.64%
Revenue Next 5Y3.22%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
MRC is valuated quite expensively with a Price/Earnings ratio of 31.32.
Compared to the rest of the industry, the Price/Earnings ratio of MRC is on the same level as its industry peers.
MRC is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
MRC is valuated reasonably with a Price/Forward Earnings ratio of 11.47.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MRC indicates a rather cheap valuation: MRC is cheaper than 88.24% of the companies listed in the same industry.
MRC is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.32 | ||
| Fwd PE | 11.47 |
4.2 Price Multiples
MRC's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MRC indicates a rather cheap valuation: MRC is cheaper than 86.27% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.96 | ||
| EV/EBITDA | 12.39 |
4.3 Compensation for Growth
MRC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MRC's earnings are expected to grow with 25.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.54
PEG (5Y)2.26
EPS Next 2Y35.98%
EPS Next 3Y25.1%
5. Dividend
5.1 Amount
No dividends for MRC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.78
-0.06 (-0.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners105.46%
Inst Owner Change-3.65%
Ins Owners2.15%
Ins Owner Change-71.29%
Market Cap1.17B
Revenue(TTM)3.01B
Net Income(TTM)-20.00M
Analysts80
Price Target15.98 (15.97%)
Short Float %2.82%
Short Ratio3.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.27
Dividend Growth(5Y)-1.19%
DP-55%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.13%
Min EPS beat(2)1.72%
Max EPS beat(2)20.53%
EPS beat(4)3
Avg EPS beat(4)-51.78%
Min EPS beat(4)-244.01%
Max EPS beat(4)20.53%
EPS beat(8)6
Avg EPS beat(8)-7.52%
EPS beat(12)9
Avg EPS beat(12)-3.89%
EPS beat(16)13
Avg EPS beat(16)46.91%
Revenue beat(2)2
Avg Revenue beat(2)1.11%
Min Revenue beat(2)0.7%
Max Revenue beat(2)1.51%
Revenue beat(4)2
Avg Revenue beat(4)-2%
Min Revenue beat(4)-9.56%
Max Revenue beat(4)1.51%
Revenue beat(8)3
Avg Revenue beat(8)-2.09%
Revenue beat(12)5
Avg Revenue beat(12)-1.71%
Revenue beat(16)7
Avg Revenue beat(16)-1.2%
PT rev (1m)0%
PT rev (3m)-0.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.71%
EPS NY rev (1m)0%
EPS NY rev (3m)6.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.32 | ||
| Fwd PE | 11.47 | ||
| P/S | 0.41 | ||
| P/FCF | 10.96 | ||
| P/OCF | 8.09 | ||
| P/B | 2.19 | ||
| P/tB | 8.56 | ||
| EV/EBITDA | 12.39 |
EPS(TTM)0.44
EY3.19%
EPS(NY)1.2
Fwd EY8.72%
FCF(TTM)1.26
FCFY9.13%
OCF(TTM)1.7
OCFY12.37%
SpS33.89
BVpS6.3
TBVpS1.61
PEG (NY)0.54
PEG (5Y)2.26
Graham Number7.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.13% | ||
| ROE | -3.73% | ||
| ROCE | 7.08% | ||
| ROIC | 5.27% | ||
| ROICexc | 5.63% | ||
| ROICexgc | 8.77% | ||
| OM | 2.91% | ||
| PM (TTM) | N/A | ||
| GM | 20.01% | ||
| FCFM | 3.71% |
ROA(3y)3.02%
ROA(5y)-1.99%
ROE(3y)7.53%
ROE(5y)-5.06%
ROIC(3y)11.12%
ROIC(5y)8.3%
ROICexc(3y)11.97%
ROICexc(5y)8.91%
ROICexgc(3y)19.85%
ROICexgc(5y)14.75%
ROCE(3y)14.93%
ROCE(5y)11.15%
ROICexgc growth 3Y20.91%
ROICexgc growth 5Y16.17%
ROICexc growth 3Y21.43%
ROICexc growth 5Y17.6%
OM growth 3Y12.04%
OM growth 5Y9.77%
PM growth 3YN/A
PM growth 5Y16.09%
GM growth 3Y3.58%
GM growth 5Y2.92%
F-Score3
Asset Turnover1.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 4.21 | ||
| Debt/EBITDA | 3.56 | ||
| Cap/Depr | 92.68% | ||
| Cap/Sales | 1.32% | ||
| Interest Coverage | 3.11 | ||
| Cash Conversion | 116% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 2.16 |
F-Score3
WACC9%
ROIC/WACC0.59
Cap/Depr(3y)45.24%
Cap/Depr(5y)36.57%
Cap/Sales(3y)0.57%
Cap/Sales(5y)0.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-54.17%
EPS 3Y37.51%
EPS 5Y13.84%
EPS Q2Q%-40.91%
EPS Next Y57.72%
EPS Next 2Y35.98%
EPS Next 3Y25.1%
EPS Next 5Y24.37%
Revenue 1Y (TTM)-7.81%
Revenue growth 3Y4.14%
Revenue growth 5Y-3.84%
Sales Q2Q%-14.93%
Revenue Next Year-0.25%
Revenue Next 2Y2.55%
Revenue Next 3Y0.64%
Revenue Next 5Y3.22%
EBIT growth 1Y-51.45%
EBIT growth 3Y16.67%
EBIT growth 5Y5.56%
EBIT Next Year41.39%
EBIT Next 3Y13.64%
EBIT Next 5Y13.27%
FCF growth 1Y386.36%
FCF growth 3Y75.35%
FCF growth 5Y2.06%
OCF growth 1Y339.39%
OCF growth 3Y70.18%
OCF growth 5Y2.66%
MRC Global Inc / MRC FAQ
What is the ChartMill fundamental rating of MRC Global Inc (MRC) stock?
ChartMill assigns a fundamental rating of 4 / 10 to MRC.
Can you provide the valuation status for MRC Global Inc?
ChartMill assigns a valuation rating of 6 / 10 to MRC Global Inc (MRC). This can be considered as Fairly Valued.
Can you provide the profitability details for MRC Global Inc?
MRC Global Inc (MRC) has a profitability rating of 4 / 10.
How financially healthy is MRC Global Inc?
The financial health rating of MRC Global Inc (MRC) is 4 / 10.
Can you provide the expected EPS growth for MRC stock?
The Earnings per Share (EPS) of MRC Global Inc (MRC) is expected to grow by 57.72% in the next year.