MULLEN GROUP LTD (MTL.CA) Fundamental Analysis & Valuation
TSX:MTL • CA6252841045
Current stock price
16.75 CAD
+0.08 (+0.48%)
Last:
This MTL.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. MTL.CA Profitability Analysis
1.1 Basic Checks
- MTL had positive earnings in the past year.
- In the past year MTL had a positive cash flow from operations.
- Each year in the past 5 years MTL has been profitable.
- Each year in the past 5 years MTL had a positive operating cash flow.
1.2 Ratios
- MTL's Return On Assets of 3.54% is on the low side compared to the rest of the industry. MTL is outperformed by 66.67% of its industry peers.
- MTL has a worse Return On Equity (7.99%) than 66.67% of its industry peers.
- With a Return On Invested Capital value of 5.75%, MTL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- MTL had an Average Return On Invested Capital over the past 3 years of 7.44%. This is in line with the industry average of 6.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 7.99% | ||
| ROIC | 5.75% |
ROA(3y)5.02%
ROA(5y)5.35%
ROE(3y)11.02%
ROE(5y)11.5%
ROIC(3y)7.44%
ROIC(5y)7.14%
1.3 Margins
- The Profit Margin of MTL (4.27%) is comparable to the rest of the industry.
- MTL's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 8.35%, MTL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- MTL's Operating Margin has improved in the last couple of years.
- MTL has a Gross Margin of 37.66%. This is comparable to the rest of the industry: MTL outperforms 50.00% 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 | 8.35% | ||
| PM (TTM) | 4.27% | ||
| GM | 37.66% |
OM growth 3Y-7.98%
OM growth 5Y1.54%
PM growth 3Y-18.65%
PM growth 5Y-4.93%
GM growth 3Y1.77%
GM growth 5Y-0.7%
2. MTL.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MTL is destroying value.
- The number of shares outstanding for MTL has been increased compared to 1 year ago.
- Compared to 5 years ago, MTL has less shares outstanding
- MTL has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 1.98 indicates that MTL 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 1.98, MTL is in line with its industry, outperforming 50.00% of the companies in the same industry.
- MTL has a debt to FCF ratio of 5.02. This is a neutral value as MTL would need 5.02 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 5.02, MTL is in line with its industry, outperforming 50.00% of the companies in the same industry.
- A Debt/Equity ratio of 0.88 indicates that MTL is somewhat dependend on debt financing.
- MTL's Debt to Equity ratio of 0.88 is in line compared to the rest of the industry. MTL outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 5.02 | ||
| Altman-Z | 1.98 |
ROIC/WACC0.61
WACC9.39%
2.3 Liquidity
- A Current Ratio of 2.17 indicates that MTL has no problem at all paying its short term obligations.
- MTL has a better Current ratio (2.17) than 100.00% of its industry peers.
- A Quick Ratio of 1.99 indicates that MTL should not have too much problems paying its short term obligations.
- MTL has a better Quick ratio (1.99) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.99 |
3. MTL.CA Growth Analysis
3.1 Past
- MTL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.35%.
- Measured over the past years, MTL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.68% on average per year.
- Looking at the last year, MTL shows a small growth in Revenue. The Revenue has grown by 7.26% in the last year.
- The Revenue has been growing by 12.88% on average over the past years. This is quite good.
EPS 1Y (TTM)-19.35%
EPS 3Y-14.68%
EPS 5Y9.68%
EPS Q2Q%-23.81%
Revenue 1Y (TTM)7.26%
Revenue growth 3Y2.19%
Revenue growth 5Y12.88%
Sales Q2Q%6.95%
3.2 Future
- MTL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.17% yearly.
- Based on estimates for the next years, MTL will show a small growth in Revenue. The Revenue will grow by 1.44% on average per year.
EPS Next Y22.21%
EPS Next 2Y16.39%
EPS Next 3Y5.12%
EPS Next 5Y9.17%
Revenue Next Year6.72%
Revenue Next 2Y4.56%
Revenue Next 3Y2.09%
Revenue Next 5Y1.44%
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 stable.
- 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. MTL.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 16.75, which indicates a correct valuation of MTL.
- 83.33% of the companies in the same industry are more expensive than MTL, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 24.89. MTL is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 13.71, the valuation of MTL can be described as correct.
- 83.33% of the companies in the same industry are more expensive than MTL, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 22.19. MTL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.75 | ||
| Fwd PE | 13.71 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MTL is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, MTL is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.64 | ||
| EV/EBITDA | 7.73 |
4.3 Compensation for Growth
- MTL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.75
PEG (5Y)1.73
EPS Next 2Y16.39%
EPS Next 3Y5.12%
5. MTL.CA Dividend Analysis
5.1 Amount
- MTL has a Yearly Dividend Yield of 5.04%, which is a nice return.
- MTL's Dividend Yield is rather good when compared to the industry average which is at 1.71. MTL pays more dividend than 100.00% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, MTL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.04% |
5.2 History
- The dividend of MTL is nicely growing with an annual growth rate of 18.04%!
- 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)18.04%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- 81.18% 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.
DP81.18%
EPS Next 2Y16.39%
EPS Next 3Y5.12%
MTL.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MTL (3/27/2026, 7:00:00 PM)
16.75
+0.08 (+0.48%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)02-12 2026-02-12/bmo
Earnings (Next)04-23 2026-04-23
Inst Owners26.8%
Inst Owner ChangeN/A
Ins Owners6.47%
Ins Owner ChangeN/A
Market Cap1.61B
Revenue(TTM)2.13B
Net Income(TTM)91.11M
Analysts75.38
Price Target18.9 (12.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.04% |
Yearly Dividend0.81
Dividend Growth(5Y)18.04%
DP81.18%
Div Incr Years4
Div Non Decr Years4
Ex-Date02-27 2026-02-27 (0.07)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.43%
Min EPS beat(2)-25.58%
Max EPS beat(2)-3.29%
EPS beat(4)0
Avg EPS beat(4)-16.83%
Min EPS beat(4)-25.58%
Max EPS beat(4)-3.29%
EPS beat(8)2
Avg EPS beat(8)-9.43%
EPS beat(12)5
Avg EPS beat(12)-0.2%
EPS beat(16)7
Avg EPS beat(16)9.16%
Revenue beat(2)0
Avg Revenue beat(2)-4.9%
Min Revenue beat(2)-9.1%
Max Revenue beat(2)-0.7%
Revenue beat(4)1
Avg Revenue beat(4)-2.56%
Min Revenue beat(4)-9.1%
Max Revenue beat(4)1.28%
Revenue beat(8)2
Avg Revenue beat(8)-2.8%
Revenue beat(12)4
Avg Revenue beat(12)-1.84%
Revenue beat(16)6
Avg Revenue beat(16)-0.29%
PT rev (1m)2.35%
PT rev (3m)10.27%
EPS NQ rev (1m)-1.94%
EPS NQ rev (3m)-16.15%
EPS NY rev (1m)-1.93%
EPS NY rev (3m)-1.93%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.75 | ||
| Fwd PE | 13.71 | ||
| P/S | 0.75 | ||
| P/FCF | 7.64 | ||
| P/OCF | 5.25 | ||
| P/B | 1.41 | ||
| P/tB | 3.21 | ||
| EV/EBITDA | 7.73 |
EPS(TTM)1
EY5.97%
EPS(NY)1.22
Fwd EY7.3%
FCF(TTM)2.19
FCFY13.08%
OCF(TTM)3.19
OCFY19.05%
SpS22.25
BVpS11.89
TBVpS5.22
PEG (NY)0.75
PEG (5Y)1.73
Graham Number16.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 7.99% | ||
| ROCE | 7.72% | ||
| ROIC | 5.75% | ||
| ROICexc | 6.15% | ||
| ROICexgc | 8.73% | ||
| OM | 8.35% | ||
| PM (TTM) | 4.27% | ||
| GM | 37.66% | ||
| FCFM | 9.85% |
ROA(3y)5.02%
ROA(5y)5.35%
ROE(3y)11.02%
ROE(5y)11.5%
ROIC(3y)7.44%
ROIC(5y)7.14%
ROICexc(3y)7.72%
ROICexc(5y)7.32%
ROICexgc(3y)10.66%
ROICexgc(5y)10.03%
ROCE(3y)10.19%
ROCE(5y)9.8%
ROICexgc growth 3Y-10.2%
ROICexgc growth 5Y9.09%
ROICexc growth 3Y-11.69%
ROICexc growth 5Y6.62%
OM growth 3Y-7.98%
OM growth 5Y1.54%
PM growth 3Y-18.65%
PM growth 5Y-4.93%
GM growth 3Y1.77%
GM growth 5Y-0.7%
F-Score5
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 5.02 | ||
| Debt/EBITDA | 3.11 | ||
| Cap/Depr | 65.46% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 3.01 | ||
| Cash Conversion | 94.26% | ||
| Profit Quality | 230.67% | ||
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z | 1.98 |
F-Score5
WACC9.39%
ROIC/WACC0.61
Cap/Depr(3y)69.27%
Cap/Depr(5y)68%
Cap/Sales(3y)4.39%
Cap/Sales(5y)4.37%
Profit Quality(3y)186.27%
Profit Quality(5y)170.48%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.35%
EPS 3Y-14.68%
EPS 5Y9.68%
EPS Q2Q%-23.81%
EPS Next Y22.21%
EPS Next 2Y16.39%
EPS Next 3Y5.12%
EPS Next 5Y9.17%
Revenue 1Y (TTM)7.26%
Revenue growth 3Y2.19%
Revenue growth 5Y12.88%
Sales Q2Q%6.95%
Revenue Next Year6.72%
Revenue Next 2Y4.56%
Revenue Next 3Y2.09%
Revenue Next 5Y1.44%
EBIT growth 1Y-6.81%
EBIT growth 3Y-5.96%
EBIT growth 5Y14.62%
EBIT Next Year97.47%
EBIT Next 3Y26.67%
EBIT Next 5Y16.2%
FCF growth 1Y-6.41%
FCF growth 3Y5%
FCF growth 5Y5.66%
OCF growth 1Y3.33%
OCF growth 3Y5.18%
OCF growth 5Y6.36%
MULLEN GROUP LTD / MTL.CA Fundamental Analysis FAQ
What is the fundamental rating for MTL stock?
ChartMill assigns a fundamental rating of 5 / 10 to MTL.CA.
What is the valuation status for MTL stock?
ChartMill assigns a valuation rating of 7 / 10 to MULLEN GROUP LTD (MTL.CA). This can be considered as Undervalued.
Can you provide the profitability details for MULLEN GROUP LTD?
MULLEN GROUP LTD (MTL.CA) has a profitability rating of 4 / 10.
What are the PE and PB ratios of MULLEN GROUP LTD (MTL.CA) stock?
The Price/Earnings (PE) ratio for MULLEN GROUP LTD (MTL.CA) is 16.75 and the Price/Book (PB) ratio is 1.41.
How sustainable is the dividend of MULLEN GROUP LTD (MTL.CA) stock?
The dividend rating of MULLEN GROUP LTD (MTL.CA) is 7 / 10 and the dividend payout ratio is 81.18%.