MULLEN GROUP LTD (MTL.CA) Stock Fundamental Analysis
TSX:MTL - CA6252841045 - Common Stock
13.77 CAD
-0.07 (-0.51%)
We assign a fundamental rating of 5 out of 10 to MTL. MTL was compared to 6 industry peers in the Ground Transportation industry. Both the profitability and the financial health of MTL get a neutral evaluation. Nothing too spectacular is happening here. MTL is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, MTL could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
MTL had positive earnings in the past year.
MTL had a positive operating cash flow in the past year.
In the past 5 years MTL has always been profitable.
In the past 5 years MTL always reported a positive cash flow from operatings.
1.2 Ratios
MTL has a Return On Assets (3.90%) which is in line with its industry peers.
MTL has a better Return On Equity (9.88%) than 66.67% of its industry peers.
MTL has a better Return On Invested Capital (5.91%) than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MTL is in line with the industry average of 6.89%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.9% | ||
| ROE | 9.88% | ||
| ROIC | 5.91% |
ROA(3y)6.49%
ROA(5y)5.39%
ROE(3y)13.79%
ROE(5y)11.33%
ROIC(3y)8.41%
ROIC(5y)6.76%
1.3 Margins
Looking at the Profit Margin, with a value of 4.86%, MTL is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of MTL has remained more or less at the same level.
The Operating Margin of MTL (8.98%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of MTL has grown nicely.
MTL has a worse Gross Margin (37.74%) than 66.67% of its industry peers.
In the last couple of years the Gross Margin of MTL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.98% | ||
| PM (TTM) | 4.86% | ||
| GM | 37.74% |
OM growth 3Y10.27%
OM growth 5Y6.39%
PM growth 3Y4.8%
PM growth 5Y-0.01%
GM growth 3Y2.31%
GM growth 5Y-0.08%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MTL is still creating some value.
The number of shares outstanding for MTL has been reduced compared to 1 year ago.
Compared to 5 years ago, MTL has less shares outstanding
MTL has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.67, we must say that MTL is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MTL (1.67) is worse than 66.67% of its industry peers.
MTL has a debt to FCF ratio of 5.28. This is a neutral value as MTL would need 5.28 years to pay back of all of its debts.
The Debt to FCF ratio of MTL (5.28) is better than 83.33% of its industry peers.
MTL has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
MTL has a Debt to Equity ratio (1.12) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 5.28 | ||
| Altman-Z | 1.67 |
ROIC/WACC0.7
WACC8.38%
2.3 Liquidity
A Current Ratio of 1.29 indicates that MTL should not have too much problems paying its short term obligations.
MTL has a better Current ratio (1.29) than 100.00% of its industry peers.
A Quick Ratio of 1.18 indicates that MTL should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.18, MTL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The earnings per share for MTL have decreased strongly by -19.12% in the last year.
The Earnings Per Share has been growing by 12.44% on average over the past years. This is quite good.
Looking at the last year, MTL shows a small growth in Revenue. The Revenue has grown by 5.52% in the last year.
MTL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.24% yearly.
EPS 1Y (TTM)-19.12%
EPS 3Y18.25%
EPS 5Y12.44%
EPS Q2Q%-24.32%
Revenue 1Y (TTM)5.52%
Revenue growth 3Y10.42%
Revenue growth 5Y9.24%
Sales Q2Q%9.14%
3.2 Future
The Earnings Per Share is expected to grow by 3.91% on average over the next years.
The Revenue is expected to grow by 6.65% on average over the next years.
EPS Next Y-6.19%
EPS Next 2Y3.69%
EPS Next 3Y3.91%
EPS Next 5YN/A
Revenue Next Year11.19%
Revenue Next 2Y9.55%
Revenue Next 3Y7.62%
Revenue Next 5Y6.65%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.52, MTL is valued correctly.
100.00% of the companies in the same industry are more expensive than MTL, based on the Price/Earnings ratio.
MTL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.08.
The Price/Forward Earnings ratio is 10.33, which indicates a very decent valuation of MTL.
Based on the Price/Forward Earnings ratio, MTL is valued cheaper than 100.00% of the companies in the same industry.
MTL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.52 | ||
| Fwd PE | 10.33 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than MTL, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTL indicates a rather cheap valuation: MTL is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.34 | ||
| EV/EBITDA | 6.16 |
4.3 Compensation for Growth
The decent profitability rating of MTL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.01
EPS Next 2Y3.69%
EPS Next 3Y3.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.07%, MTL is a good candidate for dividend investing.
MTL's Dividend Yield is rather good when compared to the industry average which is at 3.54. MTL pays more dividend than 83.33% of the companies in the same industry.
MTL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
5.2 History
The dividend of MTL has a limited annual growth rate of 4.83%.
MTL has been paying a dividend for at least 10 years, so it has a reliable track record.
MTL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.83%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
71.48% of the earnings are spent on dividend by MTL. This is not a sustainable payout ratio.
The dividend of MTL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP71.48%
EPS Next 2Y3.69%
EPS Next 3Y3.91%
TSX:MTL (8/29/2025, 7:00:00 PM)
13.77
-0.07 (-0.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners25.66%
Inst Owner ChangeN/A
Ins Owners6.79%
Ins Owner ChangeN/A
Market Cap1.20B
Analysts76
Price Target16.73 (21.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
Yearly Dividend0.76
Dividend Growth(5Y)4.83%
DP71.48%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.22%
Min EPS beat(2)-22.13%
Max EPS beat(2)-16.31%
EPS beat(4)1
Avg EPS beat(4)-13.51%
Min EPS beat(4)-27.59%
Max EPS beat(4)11.98%
EPS beat(8)3
Avg EPS beat(8)-3.86%
EPS beat(12)6
Avg EPS beat(12)8.08%
EPS beat(16)8
Avg EPS beat(16)10.8%
Revenue beat(2)1
Avg Revenue beat(2)-0.22%
Min Revenue beat(2)-1.71%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-4.92%
Max Revenue beat(4)1.28%
Revenue beat(8)3
Avg Revenue beat(8)-1.65%
Revenue beat(12)4
Avg Revenue beat(12)-1.39%
Revenue beat(16)8
Avg Revenue beat(16)0.73%
PT rev (1m)-1.15%
PT rev (3m)-0.3%
EPS NQ rev (1m)-3.2%
EPS NQ rev (3m)-5.24%
EPS NY rev (1m)-8.8%
EPS NY rev (3m)-8.8%
Revenue NQ rev (1m)2.67%
Revenue NQ rev (3m)14.17%
Revenue NY rev (1m)3.49%
Revenue NY rev (3m)3.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.52 | ||
| Fwd PE | 10.33 | ||
| P/S | 0.58 | ||
| P/FCF | 5.34 | ||
| P/OCF | 4.07 | ||
| P/B | 1.18 | ||
| P/tB | 3.24 | ||
| EV/EBITDA | 6.16 |
EPS(TTM)1.1
EY7.99%
EPS(NY)1.33
Fwd EY9.68%
FCF(TTM)2.58
FCFY18.73%
OCF(TTM)3.39
OCFY24.59%
SpS23.73
BVpS11.67
TBVpS4.25
PEG (NY)N/A
PEG (5Y)1.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.9% | ||
| ROE | 9.88% | ||
| ROCE | 8.78% | ||
| ROIC | 5.91% | ||
| ROICexc | 6.4% | ||
| ROICexgc | 9.17% | ||
| OM | 8.98% | ||
| PM (TTM) | 4.86% | ||
| GM | 37.74% | ||
| FCFM | 10.87% |
ROA(3y)6.49%
ROA(5y)5.39%
ROE(3y)13.79%
ROE(5y)11.33%
ROIC(3y)8.41%
ROIC(5y)6.76%
ROICexc(3y)8.57%
ROICexc(5y)6.92%
ROICexgc(3y)11.66%
ROICexgc(5y)9.33%
ROCE(3y)11.65%
ROCE(5y)9.38%
ROICexcg growth 3Y15.78%
ROICexcg growth 5Y11.91%
ROICexc growth 3Y16.67%
ROICexc growth 5Y10.72%
OM growth 3Y10.27%
OM growth 5Y6.39%
PM growth 3Y4.8%
PM growth 5Y-0.01%
GM growth 3Y2.31%
GM growth 5Y-0.08%
F-Score6
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 5.28 | ||
| Debt/EBITDA | 3.51 | ||
| Cap/Depr | 50.28% | ||
| Cap/Sales | 3.4% | ||
| Interest Coverage | 3.48 | ||
| Cash Conversion | 90.63% | ||
| Profit Quality | 223.86% | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 1.67 |
F-Score6
WACC8.38%
ROIC/WACC0.7
Cap/Depr(3y)71.56%
Cap/Depr(5y)67.74%
Cap/Sales(3y)4.25%
Cap/Sales(5y)4.6%
Profit Quality(3y)147.53%
Profit Quality(5y)174.22%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.12%
EPS 3Y18.25%
EPS 5Y12.44%
EPS Q2Q%-24.32%
EPS Next Y-6.19%
EPS Next 2Y3.69%
EPS Next 3Y3.91%
EPS Next 5YN/A
Revenue 1Y (TTM)5.52%
Revenue growth 3Y10.42%
Revenue growth 5Y9.24%
Sales Q2Q%9.14%
Revenue Next Year11.19%
Revenue Next 2Y9.55%
Revenue Next 3Y7.62%
Revenue Next 5Y6.65%
EBIT growth 1Y-6.39%
EBIT growth 3Y21.77%
EBIT growth 5Y16.22%
EBIT Next Year64.46%
EBIT Next 3Y22.94%
EBIT Next 5Y15.85%
FCF growth 1Y2.39%
FCF growth 3Y20.06%
FCF growth 5Y18.7%
OCF growth 1Y-7.26%
OCF growth 3Y14.36%
OCF growth 5Y11.65%