MULLEN GROUP LTD (MTL.CA) Fundamental Analysis & Valuation
TSX:MTL • CA6252841045
Current stock price
18.33 CAD
-0.01 (-0.05%)
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
- In the past year MTL was profitable.
- 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
- MTL's Return On Assets of 3.54% is on the low side compared to the rest of the industry. MTL is outperformed by 66.67% of its industry peers.
- The Return On Equity of MTL (7.99%) is worse than 66.67% of its industry peers.
- MTL has a Return On Invested Capital of 5.75%. This is comparable to the rest of the industry: MTL outperforms 50.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MTL 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
- MTL has a Profit Margin (4.27%) which is in line with its industry peers.
- MTL's Profit Margin has declined in the last couple of years.
- 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.
- In the last couple of years the Operating Margin of MTL has grown nicely.
- Looking at the Gross Margin, with a value of 37.66%, MTL is in line with its industry, outperforming 50.00% of the companies in the same 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MTL is destroying value.
- MTL has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MTL has less shares outstanding
- MTL has a better debt/assets ratio than last year.
2.2 Solvency
- MTL has an Altman-Z score of 2.05. 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.
- With a Altman-Z score value of 2.05, MTL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- The Debt to FCF ratio of MTL is 5.02, which is a neutral value as it means it would take MTL, 5.02 years of fcf income to pay off all of its debts.
- MTL's Debt to FCF ratio of 5.02 is in line compared 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's Debt to Equity ratio of 0.88 is in line compared 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 | 2.05 |
ROIC/WACC0.63
WACC9.14%
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.
- Looking at the Current ratio, with a value of 2.17, MTL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- A Quick Ratio of 1.99 indicates that MTL should not have too much problems paying its short term obligations.
- MTL's Quick ratio of 1.99 is amongst the best of the industry. MTL outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.99 |
3. MTL.CA Growth Analysis
3.1 Past
- MTL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.35%.
- MTL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.68% yearly.
- MTL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.26%.
- The Revenue has been growing by 12.88% on average over the past years. This is quite good.
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
- The Earnings Per Share is expected to grow by 9.17% on average over the next years. This is quite good.
- The Revenue is expected to grow by 1.44% on average over the next years.
EPS Next Y22.46%
EPS Next 2Y16.06%
EPS Next 3Y5.12%
EPS Next 5Y9.17%
Revenue Next Year6.54%
Revenue Next 2Y4.38%
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 18.33, the valuation of MTL can be described as rather expensive.
- Based on the Price/Earnings ratio, MTL is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
- MTL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.18.
- Based on the Price/Forward Earnings ratio of 14.97, the valuation of MTL can be described as correct.
- 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.
- Compared to an average S&P500 Price/Forward Earnings ratio of 37.96, MTL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.33 | ||
| Fwd PE | 14.97 |
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 | 8.37 | ||
| EV/EBITDA | 8.19 |
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)0.82
PEG (5Y)1.89
EPS Next 2Y16.06%
EPS Next 3Y5.12%
5. MTL.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 4.64%, MTL is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 1.56, MTL pays a better dividend. On top of this MTL pays more dividend than 100.00% 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 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.64% |
5.2 History
- The dividend of MTL is nicely growing with an annual growth rate of 18.04%!
- MTL has paid a dividend for at least 10 years, which is a reliable track record.
- MTL has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)18.04%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 81.18% of the earnings are spent on dividend by MTL. 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 2Y16.06%
EPS Next 3Y5.12%
MTL.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MTL (4/13/2026, 7:00:00 PM)
18.33
-0.01 (-0.05%)
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 Owners27.45%
Inst Owner ChangeN/A
Ins Owners6.47%
Ins Owner ChangeN/A
Market Cap1.76B
Revenue(TTM)2.13B
Net Income(TTM)91.11M
Analysts75.38
Price Target18.9 (3.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.64% |
Yearly Dividend0.81
Dividend Growth(5Y)18.04%
DP81.18%
Div Incr Years5
Div Non Decr Years5
Ex-Date03-31 2026-03-31 (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)0%
PT rev (3m)10.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.15%
EPS NY rev (1m)0.21%
EPS NY rev (3m)-1.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.33 | ||
| Fwd PE | 14.97 | ||
| P/S | 0.82 | ||
| P/FCF | 8.37 | ||
| P/OCF | 5.75 | ||
| P/B | 1.54 | ||
| P/tB | 3.51 | ||
| EV/EBITDA | 8.19 |
EPS(TTM)1
EY5.46%
EPS(NY)1.22
Fwd EY6.68%
FCF(TTM)2.19
FCFY11.95%
OCF(TTM)3.19
OCFY17.4%
SpS22.25
BVpS11.89
TBVpS5.22
PEG (NY)0.82
PEG (5Y)1.89
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 | 2.05 |
F-Score5
WACC9.14%
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 Y22.46%
EPS Next 2Y16.06%
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 Year6.54%
Revenue Next 2Y4.38%
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 6 / 10 to MULLEN GROUP LTD (MTL.CA). This can be considered as Fairly Valued.
What is the profitability of MTL stock?
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 5 / 10.
Is the dividend of MULLEN GROUP LTD sustainable?
The dividend rating of MULLEN GROUP LTD (MTL.CA) is 7 / 10 and the dividend payout ratio is 81.18%.