MULLEN GROUP LTD (MTL.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MTL - CA6252841045 - Common Stock
16.21 CAD
+0.1 (+0.62%)
We assign a fundamental rating of 4 out of 10 to MTL. MTL was compared to 5 industry peers in the Ground Transportation industry. MTL has an average financial health and profitability rating. MTL has a decent growth rate and is not valued too expensively.
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.
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 Return On Assets value of 3.63%, MTL is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
MTL has a worse Return On Equity (9.27%) than 60.00% of its industry peers.
With a Return On Invested Capital value of 5.72%, MTL perfoms like the industry average, outperforming 60.00% 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 6.96%.
| 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
Looking at the Profit Margin, with a value of 4.54%, MTL is in line with its industry, outperforming 60.00% of the companies in the same industry.
MTL's Profit Margin has been stable in the last couple of years.
MTL has a Operating Margin (8.62%) which is in line with its industry peers.
In the last couple of years the Operating Margin of MTL has grown nicely.
MTL has a worse Gross Margin (37.78%) than 60.00% 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 | 8.62% | ||
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MTL is destroying value.
Compared to 1 year ago, MTL has less shares outstanding
The number of shares outstanding for MTL has been reduced compared to 5 years ago.
The debt/assets ratio for MTL is higher compared to a year ago.
2.2 Solvency
MTL has an Altman-Z score of 1.79. This is a bad value and indicates that MTL is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.79, MTL is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
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.
MTL has a Debt to FCF ratio of 4.85. This is comparable to the rest of the industry: MTL outperforms 60.00% 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.
Looking at the Debt to Equity ratio, with a value of 1.11, MTL is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.79 |
ROIC/WACC0.64
WACC8.96%
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.
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
MTL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.22%.
The Earnings Per Share has been growing by 12.44% on average over the past years. This is quite good.
MTL shows a small growth in Revenue. In the last year, the Revenue has grown by 5.53%.
MTL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.24% yearly.
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-11.9%
EPS Next 2Y0.25%
EPS Next 3Y3.97%
EPS Next 5Y3.56%
Revenue Next Year6.95%
Revenue Next 2Y5.91%
Revenue Next 3Y4.51%
Revenue Next 5Y3.76%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.44, the valuation of MTL can be described as correct.
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.
Compared to an average S&P500 Price/Earnings ratio of 26.59, MTL is valued a bit cheaper.
The Price/Forward Earnings ratio is 13.01, which indicates a correct valuation of MTL.
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 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.44 | ||
| Fwd PE | 13.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTL is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTL indicates a rather cheap valuation: MTL is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.78 | ||
| EV/EBITDA | 7.55 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.24
EPS Next 2Y0.25%
EPS Next 3Y3.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.22%, MTL is a good candidate for dividend investing.
MTL's Dividend Yield is rather good when compared to the industry average which is at 2.08. MTL pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.88, MTL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.22% |
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 (12/24/2025, 7:00:00 PM)
16.21
+0.1 (+0.62%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners25.25%
Inst Owner ChangeN/A
Ins Owners7.1%
Ins Owner ChangeN/A
Market Cap1.42B
Revenue(TTM)2.10B
Net Income(TTM)95.33M
Analysts75.71
Price Target17.14 (5.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.22% |
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)0.6%
PT rev (3m)2.44%
EPS NQ rev (1m)-3.19%
EPS NQ rev (3m)-0.76%
EPS NY rev (1m)-1.22%
EPS NY rev (3m)-6.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.44 | ||
| Fwd PE | 13.01 | ||
| P/S | 0.67 | ||
| P/FCF | 5.78 | ||
| P/OCF | 4.27 | ||
| P/B | 1.38 | ||
| P/tB | 3.72 | ||
| EV/EBITDA | 7.55 |
EPS(TTM)1.05
EY6.48%
EPS(NY)1.25
Fwd EY7.69%
FCF(TTM)2.8
FCFY17.29%
OCF(TTM)3.8
OCFY23.44%
SpS24.03
BVpS11.78
TBVpS4.35
PEG (NY)N/A
PEG (5Y)1.24
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 | 1.79 |
F-Score6
WACC8.96%
ROIC/WACC0.64
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 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 Year62.42%
EBIT Next 3Y21.96%
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 4 / 10 to MTL.CA.
Can you provide the valuation status for MULLEN GROUP LTD?
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 4 / 10.
Can you provide the financial health for MTL stock?
The financial health rating of MULLEN GROUP LTD (MTL.CA) is 4 / 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%.