MULLEN GROUP LTD (MTL.CA) Fundamental Analysis & Valuation
TSX:MTL • CA6252841045
Current stock price
16.71 CAD
-0.04 (-0.24%)
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.
- 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 of 3.54%. This is in the lower half of the industry: MTL underperforms 66.67% of its industry peers.
- The Return On Equity of MTL (7.99%) is worse than 66.67% of its industry peers.
- MTL's Return On Invested Capital of 5.75% is in line compared to the rest of the industry. MTL outperforms 50.00% of its industry peers.
- 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
- Looking at the Profit Margin, with a value of 4.27%, MTL is in line with its industry, outperforming 50.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of MTL has declined.
- Looking at the Operating Margin, with a value of 8.35%, MTL is in line with its industry, outperforming 50.00% of the companies in the same industry.
- MTL's Operating Margin has improved in the last couple of years.
- The Gross Margin of MTL (37.66%) is comparable to the rest of the industry.
- MTL's Gross Margin has been stable in the last couple of years.
| 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.
- MTL has more shares outstanding than it did 1 year ago.
- MTL has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, MTL has an improved debt to assets ratio.
2.2 Solvency
- MTL has an Altman-Z score of 1.98. This is not the best score and indicates that MTL is in the grey zone with still only limited risk for bankruptcy at the moment.
- The Altman-Z score of MTL (1.98) is comparable to the rest of the 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.
- MTL has a Debt to FCF ratio of 5.02. This is comparable to the rest of the industry: MTL outperforms 50.00% of its industry peers.
- MTL has a Debt/Equity ratio of 0.88. This is a neutral value indicating MTL is somewhat dependend on debt financing.
- MTL has a Debt to Equity ratio of 0.88. This is comparable 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/WACC0.63
WACC9.09%
2.3 Liquidity
- MTL has a Current Ratio of 2.17. This indicates that MTL is financially healthy and has no problem in meeting its short term obligations.
- MTL has a Current ratio of 2.17. This is amongst the best in the industry. MTL outperforms 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.
- With an excellent Quick ratio value of 1.99, MTL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.99 |
3. MTL.CA Growth Analysis
3.1 Past
- The earnings per share for MTL have decreased strongly by -19.35% in the last year.
- The Earnings Per Share has been growing by 9.68% 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 7.26% in the last year.
- Measured over the past years, MTL shows a quite strong growth in Revenue. The Revenue has been growing by 12.88% on average per year.
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. MTL.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 16.71, the valuation of MTL can be described as correct.
- Based on the Price/Earnings ratio, MTL is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of MTL to the average of the S&P500 Index (24.75), we can say MTL is valued slightly cheaper.
- MTL is valuated correctly with a Price/Forward Earnings ratio of 13.67.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MTL indicates a rather cheap valuation: MTL is cheaper than 83.33% of the companies listed in the same industry.
- MTL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.71 | ||
| Fwd PE | 13.67 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MTL indicates a rather cheap valuation: MTL is cheaper than 83.33% of the companies listed in the same industry.
- MTL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MTL is cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.63 | ||
| EV/EBITDA | 7.71 |
4.3 Compensation for Growth
- The 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
- With a Yearly Dividend Yield of 5.04%, MTL is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 1.71, MTL pays a better dividend. On top of this MTL pays more dividend than 100.00% of the companies listed 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
- On average, the dividend of MTL grows each year by 18.04%, which is quite nice.
- 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
- MTL pays out 81.18% of its income as dividend. This is not a sustainable payout ratio.
- MTL's earnings are growing slower than its dividend. 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 (3/30/2026, 7:00:00 PM)
16.71
-0.04 (-0.24%)
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 Cap1.60B
Revenue(TTM)2.13B
Net Income(TTM)91.11M
Analysts75.38
Price Target18.9 (13.11%)
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 | 16.71 | ||
| Fwd PE | 13.67 | ||
| P/S | 0.75 | ||
| P/FCF | 7.63 | ||
| P/OCF | 5.24 | ||
| P/B | 1.41 | ||
| P/tB | 3.2 | ||
| EV/EBITDA | 7.71 |
EPS(TTM)1
EY5.98%
EPS(NY)1.22
Fwd EY7.31%
FCF(TTM)2.19
FCFY13.11%
OCF(TTM)3.19
OCFY19.09%
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
WACC9.09%
ROIC/WACC0.63
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 16.71 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%.