MULLEN GROUP LTD (MTL.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MTL - CA6252841045 - Common Stock
14.35 CAD
+0.12 (+0.84%)
Overall MTL gets a fundamental rating of 5 out of 10. We evaluated MTL against 6 industry peers in the Ground Transportation industry. MTL has only an average score on both its financial health and profitability. MTL scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make MTL suitable 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.
MTL had positive earnings in each of the past 5 years.
MTL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.63%, MTL is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Return On Equity of MTL (9.27%) is comparable to the rest of the industry.
With a decent Return On Invested Capital value of 5.72%, MTL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MTL is in line with the industry average of 6.71%.
| 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
The Profit Margin of MTL (4.54%) is better than 66.67% of its industry peers.
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 (8.62%) is better than 66.67% of its industry peers.
MTL's Operating Margin has improved in the last couple of years.
MTL has a worse Gross Margin (37.78%) 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 | 8.62% | ||
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MTL is destroying value.
Compared to 1 year ago, MTL has less shares outstanding
MTL has less shares outstanding than it did 5 years ago.
MTL has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.73, we must say that MTL is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.73, MTL is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
The Debt to FCF ratio of MTL is 4.85, which is a neutral value as it means it would take MTL, 4.85 years of fcf income to pay off all of its debts.
MTL's Debt to FCF ratio of 4.85 is fine compared to the rest of the industry. MTL outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 1.11 is on the high side and indicates that MTL has dependencies on debt financing.
MTL has a Debt to Equity ratio (1.11) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.58
WACC9.86%
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.
MTL's Current ratio of 1.97 is amongst the best of the industry. MTL outperforms 100.00% of its industry peers.
A Quick Ratio of 1.81 indicates that MTL should not have too much problems paying its short term obligations.
The Quick ratio of MTL (1.81) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.81 |
3. Growth
3.1 Past
The earnings per share for MTL have decreased strongly by -22.22% in the last year.
MTL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.44% yearly.
MTL shows a small growth in Revenue. In the last year, the Revenue has grown by 5.53%.
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 3.56% on average over the next years.
The Revenue is expected to grow by 3.76% on average over the next years.
EPS Next Y-10.81%
EPS Next 2Y0.25%
EPS Next 3Y4.93%
EPS Next 5Y3.56%
Revenue Next Year6.95%
Revenue Next 2Y5.91%
Revenue Next 3Y4.51%
Revenue Next 5Y3.76%
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 decreasing.
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 13.67.
Compared to the rest of the industry, the Price/Earnings ratio of MTL indicates a rather cheap valuation: MTL is cheaper than 100.00% of the companies listed in the same industry.
MTL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.65.
Based on the Price/Forward Earnings ratio of 11.52, the valuation of MTL can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MTL indicates a rather cheap valuation: MTL is cheaper than 100.00% of the companies listed 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 34.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.67 | ||
| Fwd PE | 11.52 |
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 100.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MTL is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.12 | ||
| EV/EBITDA | 7.04 |
4.3 Compensation for Growth
MTL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.1
EPS Next 2Y0.25%
EPS Next 3Y4.93%
5. Dividend
5.1 Amount
MTL has a Yearly Dividend Yield of 5.99%, which is a nice return.
Compared to an average industry Dividend Yield of 3.58, MTL pays a better dividend. On top of this MTL pays more dividend than 83.33% of the companies listed in the same industry.
MTL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.99% |
5.2 History
The dividend of MTL has a limited annual growth rate of 4.83%.
MTL has paid a dividend for at least 10 years, which is 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 3Y4.93%
TSX:MTL (11/24/2025, 7:00:00 PM)
14.35
+0.12 (+0.84%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners25.89%
Inst Owner ChangeN/A
Ins Owners6.81%
Ins Owner ChangeN/A
Market Cap1.25B
Revenue(TTM)2.10B
Net Income(TTM)95.33M
Analysts75.71
Price Target17.03 (18.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.99% |
Yearly Dividend0.76
Dividend Growth(5Y)4.83%
DP77.07%
Div Incr Years4
Div Non Decr Years4
Ex-Date
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)1.83%
PT rev (3m)1.35%
EPS NQ rev (1m)3.3%
EPS NQ rev (3m)2.64%
EPS NY rev (1m)-0.82%
EPS NY rev (3m)-13.29%
Revenue NQ rev (1m)-5.41%
Revenue NQ rev (3m)-5.4%
Revenue NY rev (1m)-3.25%
Revenue NY rev (3m)-3.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.67 | ||
| Fwd PE | 11.52 | ||
| P/S | 0.6 | ||
| P/FCF | 5.12 | ||
| P/OCF | 3.78 | ||
| P/B | 1.22 | ||
| P/tB | 3.3 | ||
| EV/EBITDA | 7.04 |
EPS(TTM)1.05
EY7.32%
EPS(NY)1.25
Fwd EY8.68%
FCF(TTM)2.8
FCFY19.53%
OCF(TTM)3.8
OCFY26.48%
SpS24.03
BVpS11.78
TBVpS4.35
PEG (NY)N/A
PEG (5Y)1.1
Graham Number16.68
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 | 1.73 |
F-Score6
WACC9.86%
ROIC/WACC0.58
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-10.81%
EPS Next 2Y0.25%
EPS Next 3Y4.93%
EPS Next 5Y3.56%
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 5Y3.76%
EBIT growth 1Y-10.23%
EBIT growth 3Y21.77%
EBIT growth 5Y16.22%
EBIT Next Year61.78%
EBIT Next 3Y22.27%
EBIT Next 5Y15.05%
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.
Can you provide the valuation status for MULLEN GROUP LTD?
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 6 / 10.
Can you provide the financial health for MTL stock?
The financial health rating of MULLEN GROUP LTD (MTL.CA) is 5 / 10.
Is the dividend of MULLEN GROUP LTD sustainable?
The dividend rating of MULLEN GROUP LTD (MTL.CA) is 6 / 10 and the dividend payout ratio is 77.07%.