MULLEN GROUP LTD (MTL.CA) Stock Fundamental Analysis
TSX:MTL - Toronto Stock Exchange - CA6252841045 - Common Stock - Currency: CAD
We assign a fundamental rating of 6 out of 10 to MTL. MTL was compared to 6 industry peers in the Ground Transportation industry. MTL is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. MTL scores decently on growth, while it is valued quite cheap. This could make an interesting combination. MTL also has an excellent dividend rating. These ratings would make MTL suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year MTL was profitable.
In the past year MTL had a positive cash flow from operations.
Each year in the past 5 years MTL has been profitable.
MTL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.62%, MTL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.64%, MTL is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
MTL has a better Return On Invested Capital (6.58%) than 66.67% of its industry peers.
MTL had an Average Return On Invested Capital over the past 3 years of 8.41%. This is in line with the industry average of 7.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 10.64% | ||
| ROIC | 6.58% |
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 5.33%, 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.
With a decent Operating Margin value of 9.30%, MTL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
MTL's Operating Margin has improved in the last couple of years.
The Gross Margin of MTL (38.06%) 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 | 9.3% | ||
| PM (TTM) | 5.33% | ||
| GM | 38.06% |
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.
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
MTL has an Altman-Z score of 1.96. 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 (1.96) is worse than 66.67% of its industry peers.
MTL has a debt to FCF ratio of 4.30. This is a neutral value as MTL would need 4.30 years to pay back of all of its debts.
MTL's Debt to FCF ratio of 4.30 is amongst the best of the industry. MTL outperforms 83.33% of its industry peers.
MTL has a Debt/Equity ratio of 0.94. This is a neutral value indicating MTL is somewhat dependend on debt financing.
MTL has a better Debt to Equity ratio (0.94) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 4.3 | ||
| Altman-Z | 1.96 |
ROIC/WACC0.85
WACC7.78%
2.3 Liquidity
MTL has a Current Ratio of 2.26. This indicates that MTL is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.26, MTL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
MTL has a Quick Ratio of 2.05. This indicates that MTL is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.05, MTL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.26 | ||
| Quick Ratio | 2.05 |
3. Growth
3.1 Past
The earnings per share for MTL have decreased strongly by -15.07% in the last year.
The Earnings Per Share has been growing by 12.44% on average over the past years. This is quite good.
The Revenue has been growing slightly by 3.28% in the past year.
The Revenue has been growing by 9.24% on average over the past years. This is quite good.
EPS 1Y (TTM)-15.07%
EPS 3Y18.25%
EPS 5Y12.44%
EPS Q2Q%-18.23%
Revenue 1Y (TTM)3.28%
Revenue growth 3Y10.42%
Revenue growth 5Y9.24%
Sales Q2Q%7.47%
3.2 Future
The Earnings Per Share is expected to grow by 4.97% on average over the next years.
MTL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.41% yearly.
EPS Next Y2.86%
EPS Next 2Y6.13%
EPS Next 3Y4.97%
EPS Next 5YN/A
Revenue Next Year7.44%
Revenue Next 2Y6.7%
Revenue Next 3Y5.37%
Revenue Next 5Y5.41%
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 11.48, the valuation of MTL can be described as very reasonable.
Based on the Price/Earnings ratio, MTL is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
MTL is valuated cheaply when we compare the Price/Earnings ratio to 25.05, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.19, the valuation of MTL can be described as reasonable.
Based on the Price/Forward Earnings ratio, MTL is valued cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MTL to the average of the S&P500 Index (21.07), we can say MTL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.48 | ||
| Fwd PE | 10.19 |
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.
100.00% of the companies in the same industry are more expensive than MTL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.38 | ||
| EV/EBITDA | 6.46 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MTL does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of MTL may justify a higher PE ratio.
PEG (NY)4.01
PEG (5Y)0.92
EPS Next 2Y6.13%
EPS Next 3Y4.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.23%, MTL is a good candidate for dividend investing.
MTL's Dividend Yield is rather good when compared to the industry average which is at 3.60. 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.23% |
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 Years3
Div Non Decr Years3
5.3 Sustainability
MTL pays out 64.32% of its income as dividend. This is not a sustainable payout ratio.
The dividend of MTL is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP64.32%
EPS Next 2Y6.13%
EPS Next 3Y4.97%
TSX:MTL (5/14/2025, 7:00:00 PM)
14.23
-0.13 (-0.91%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners24.11%
Inst Owner ChangeN/A
Ins Owners6.39%
Ins Owner ChangeN/A
Market Cap1.24B
Analysts78.57
Price Target16.78 (17.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.23% |
Yearly Dividend0.76
Dividend Growth(5Y)4.83%
DP64.32%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.31%
Min Revenue beat(2)-4.92%
Max Revenue beat(2)-1.71%
Revenue beat(4)1
Avg Revenue beat(4)-1.47%
Min Revenue beat(4)-4.92%
Max Revenue beat(4)0.77%
Revenue beat(8)2
Avg Revenue beat(8)-1.95%
Revenue beat(12)4
Avg Revenue beat(12)-0.36%
Revenue beat(16)8
Avg Revenue beat(16)0.67%
PT rev (1m)-9.49%
PT rev (3m)-13.42%
EPS NQ rev (1m)-2.74%
EPS NQ rev (3m)-5.02%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.6%
Revenue NQ rev (1m)0.77%
Revenue NQ rev (3m)3.82%
Revenue NY rev (1m)2.35%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.48 | ||
| Fwd PE | 10.19 | ||
| P/S | 0.62 | ||
| P/FCF | 5.38 | ||
| P/OCF | 4.19 | ||
| P/B | 1.23 | ||
| P/tB | 2.36 | ||
| EV/EBITDA | 6.46 |
EPS(TTM)1.24
EY8.71%
EPS(NY)1.4
Fwd EY9.82%
FCF(TTM)2.64
FCFY18.58%
OCF(TTM)3.4
OCFY23.89%
SpS23.14
BVpS11.58
TBVpS6.03
PEG (NY)4.01
PEG (5Y)0.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 10.64% | ||
| ROCE | 8.94% | ||
| ROIC | 6.58% | ||
| ROICexc | 7.02% | ||
| ROICexgc | 9.3% | ||
| OM | 9.3% | ||
| PM (TTM) | 5.33% | ||
| GM | 38.06% | ||
| FCFM | 11.43% |
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 Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 4.3 | ||
| Debt/EBITDA | 2.93 | ||
| Cap/Depr | 48.26% | ||
| Cap/Sales | 3.27% | ||
| Interest Coverage | 4.15 | ||
| Cash Conversion | 91.46% | ||
| Profit Quality | 214.61% | ||
| Current Ratio | 2.26 | ||
| Quick Ratio | 2.05 | ||
| Altman-Z | 1.96 |
F-Score6
WACC7.78%
ROIC/WACC0.85
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)-15.07%
EPS 3Y18.25%
EPS 5Y12.44%
EPS Q2Q%-18.23%
EPS Next Y2.86%
EPS Next 2Y6.13%
EPS Next 3Y4.97%
EPS Next 5YN/A
Revenue 1Y (TTM)3.28%
Revenue growth 3Y10.42%
Revenue growth 5Y9.24%
Sales Q2Q%7.47%
Revenue Next Year7.44%
Revenue Next 2Y6.7%
Revenue Next 3Y5.37%
Revenue Next 5Y5.41%
EBIT growth 1Y-6.46%
EBIT growth 3Y21.77%
EBIT growth 5Y16.22%
EBIT Next Year69.24%
EBIT Next 3Y23.77%
EBIT Next 5Y17.1%
FCF growth 1Y23.2%
FCF growth 3Y20.06%
FCF growth 5Y18.7%
OCF growth 1Y6.5%
OCF growth 3Y14.36%
OCF growth 5Y11.65%