MULLEN GROUP LTD (MTL.CA) Stock Fundamental Analysis
TSX:MTL • CA6252841045
16.98 CAD
-0.4 (-2.3%)
Last: Feb 23, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to MTL. MTL was compared to 6 industry peers in the Ground Transportation industry. MTL has only an average score on both its financial health and profitability. MTL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year MTL was profitable.
- MTL had a positive operating cash flow in the past year.
- Each year in the past 5 years MTL has 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 3.63%. This is in the lower half of the industry: MTL underperforms 66.67% of its industry peers.
- MTL has a Return On Equity of 9.27%. This is comparable to the rest of the industry: MTL outperforms 50.00% of its industry peers.
- The Return On Invested Capital of MTL (5.72%) is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for MTL is in line with the industry average of 7.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 9.27% | ||
| ROIC | 5.72% |
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
- MTL has a Profit Margin (4.54%) which is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of MTL has remained more or less at the same level.
- With a Operating Margin value of 8.62%, 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 (37.78%) which is comparable to the rest of the industry.
- 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 | 8.62% | ||
| PM (TTM) | 4.54% | ||
| GM | 37.78% |
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
- MTL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- MTL has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MTL has less shares outstanding
- The debt/assets ratio for MTL is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 1.87 indicates that MTL is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 1.87, MTL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- MTL has a debt to FCF ratio of 4.85. This is a neutral value as MTL would need 4.85 years to pay back of all of its debts.
- The Debt to FCF ratio of MTL (4.85) is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.11 is on the high side and indicates that MTL has dependencies on debt financing.
- MTL's Debt to Equity ratio of 1.11 is on the low side compared to the rest of the industry. MTL is outperformed by 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.87 |
ROIC/WACC0.61
WACC9.38%
2.3 Liquidity
- MTL has a Current Ratio of 1.97. This is a normal value and indicates that MTL is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of MTL (1.97) is better than 100.00% of its industry peers.
- MTL has a Quick Ratio of 1.81. This is a normal value and indicates that MTL is financially healthy and should not expect problems in meeting its short term obligations.
- MTL's Quick ratio of 1.81 is amongst the best of the industry. MTL outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.81 |
3. Growth
3.1 Past
- MTL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.22%.
- MTL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.44% yearly.
- The Revenue has been growing slightly by 5.53% in the past year.
- Measured over the past years, MTL shows a quite strong growth in Revenue. The Revenue has been growing by 9.24% on average per year.
EPS 1Y (TTM)-22.22%
EPS 3Y18.25%
EPS 5Y12.44%
EPS Q2Q%-12.2%
Revenue 1Y (TTM)5.53%
Revenue growth 3Y10.42%
Revenue growth 5Y9.24%
Sales Q2Q%5.6%
3.2 Future
- The Earnings Per Share is expected to grow by 2.75% on average over the next years.
- The Revenue is expected to grow by 2.95% on average over the next years.
EPS Next Y-11.9%
EPS Next 2Y0.25%
EPS Next 3Y3.97%
EPS Next 5Y2.75%
Revenue Next Year6.95%
Revenue Next 2Y5.91%
Revenue Next 3Y4.51%
Revenue Next 5Y2.95%
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
- MTL is valuated correctly with a Price/Earnings ratio of 16.17.
- MTL's Price/Earnings ratio is rather cheap when compared to the industry. MTL is cheaper than 83.33% of the companies in the same industry.
- MTL is valuated rather cheaply when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 13.63 indicates a correct valuation of MTL.
- Based on the Price/Forward Earnings ratio, MTL is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.75, MTL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.17 | ||
| Fwd PE | 13.63 |
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.
- 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 | 6.65 | ||
| EV/EBITDA | 8.2 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.3
EPS Next 2Y0.25%
EPS Next 3Y3.97%
5. Dividend
5.1 Amount
- MTL has a Yearly Dividend Yield of 5.21%, which is a nice return.
- MTL's Dividend Yield is rather good when compared to the industry average which is at 1.68. MTL pays more dividend than 100.00% of the companies in the same industry.
- MTL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
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
- MTL pays out 77.07% 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.
DP77.07%
EPS Next 2Y0.25%
EPS Next 3Y3.97%
TSX:MTL (2/23/2026, 7:00:00 PM)
16.98
-0.4 (-2.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)02-12 2026-02-12/amc
Earnings (Next)04-21 2026-04-21
Inst Owners23.67%
Inst Owner ChangeN/A
Ins Owners6.49%
Ins Owner ChangeN/A
Market Cap1.63B
Revenue(TTM)2.10B
Net Income(TTM)95.33M
Analysts76.92
Price Target18.46 (8.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
Yearly Dividend0.76
Dividend Growth(5Y)4.83%
DP77.07%
Div Incr Years4
Div Non Decr Years4
Ex-Date01-30 2026-01-30 (0.07)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.8%
Min EPS beat(2)-16.31%
Max EPS beat(2)-3.29%
EPS beat(4)0
Avg EPS beat(4)-17.33%
Min EPS beat(4)-27.59%
Max EPS beat(4)-3.29%
EPS beat(8)2
Avg EPS beat(8)-6.5%
EPS beat(12)6
Avg EPS beat(12)8.01%
EPS beat(16)8
Avg EPS beat(16)11.91%
Revenue beat(2)1
Avg Revenue beat(2)-3.91%
Min Revenue beat(2)-9.1%
Max Revenue beat(2)1.28%
Revenue beat(4)1
Avg Revenue beat(4)-3.61%
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)7
Avg Revenue beat(16)-0.11%
PT rev (1m)6.47%
PT rev (3m)8.38%
EPS NQ rev (1m)-18.13%
EPS NQ rev (3m)-20.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.22%
Revenue NQ rev (1m)-2.3%
Revenue NQ rev (3m)-2.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.17 | ||
| Fwd PE | 13.63 | ||
| P/S | 0.78 | ||
| P/FCF | 6.65 | ||
| P/OCF | 4.9 | ||
| P/B | 1.58 | ||
| P/tB | 4.28 | ||
| EV/EBITDA | 8.2 |
EPS(TTM)1.05
EY6.18%
EPS(NY)1.25
Fwd EY7.34%
FCF(TTM)2.55
FCFY15.04%
OCF(TTM)3.46
OCFY20.39%
SpS21.9
BVpS10.73
TBVpS3.97
PEG (NY)N/A
PEG (5Y)1.3
Graham Number15.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 9.27% | ||
| ROCE | 7.75% | ||
| ROIC | 5.72% | ||
| ROICexc | 6.13% | ||
| ROICexgc | 8.72% | ||
| OM | 8.62% | ||
| PM (TTM) | 4.54% | ||
| GM | 37.78% | ||
| FCFM | 11.66% |
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%
ROICexgc growth 3Y15.78%
ROICexgc 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 | 1.11 | ||
| Debt/FCF | 4.85 | ||
| Debt/EBITDA | 3.53 | ||
| Cap/Depr | 60.83% | ||
| Cap/Sales | 4.15% | ||
| Interest Coverage | 3.21 | ||
| Cash Conversion | 102.35% | ||
| Profit Quality | 256.69% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.81 | ||
| Altman-Z | 1.87 |
F-Score6
WACC9.38%
ROIC/WACC0.61
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)-22.22%
EPS 3Y18.25%
EPS 5Y12.44%
EPS Q2Q%-12.2%
EPS Next Y-11.9%
EPS Next 2Y0.25%
EPS Next 3Y3.97%
EPS Next 5Y2.75%
Revenue 1Y (TTM)5.53%
Revenue growth 3Y10.42%
Revenue growth 5Y9.24%
Sales Q2Q%5.6%
Revenue Next Year6.95%
Revenue Next 2Y5.91%
Revenue Next 3Y4.51%
Revenue Next 5Y2.95%
EBIT growth 1Y-10.23%
EBIT growth 3Y21.77%
EBIT growth 5Y16.22%
EBIT Next Year63.01%
EBIT Next 3Y22.56%
EBIT Next 5Y14.16%
FCF growth 1Y47.86%
FCF growth 3Y20.06%
FCF growth 5Y18.7%
OCF growth 1Y21.9%
OCF growth 3Y14.36%
OCF growth 5Y11.65%
MULLEN GROUP LTD / MTL.CA 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 6 / 10 to MULLEN GROUP LTD (MTL.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for MULLEN GROUP LTD?
MULLEN GROUP LTD (MTL.CA) has a profitability rating of 5 / 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 16.17 and the Price/Book (PB) ratio is 1.58.
How sustainable is the dividend of MULLEN GROUP LTD (MTL.CA) stock?
The dividend rating of MULLEN GROUP LTD (MTL.CA) is 6 / 10 and the dividend payout ratio is 77.07%.