McGrath RentCorp Statistics
Share Statistics
McGrath RentCorp has 24.55M shares outstanding. The number of shares has increased by 0.25% in one year.
| Shares Outstanding | 24.55M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 24.24M |
| Failed to Deliver (FTD) Shares | 111 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 783.27K, so 3.19% of the outstanding shares have been sold short.
| Short Interest | 783.27K |
| Short % of Shares Out | 3.19% |
| Short % of Float | 3.23% |
| Short Ratio (days to cover) | 2.73 |
Valuation Ratios
The PE ratio is 16.76 and the forward PE ratio is 20.
| PE Ratio | 16.76 |
| Forward PE | 20 |
| PS Ratio | 3.52 |
| Forward PS | 3.2 |
| PB Ratio | 3.13 |
| P/FCF Ratio | -16.41 |
| PEG Ratio | n/a |
Enterprise Valuation
McGrath RentCorp has an Enterprise Value (EV) of 3.69B.
| EV / Earnings | 21.13 |
| EV / Sales | 4.43 |
| EV / EBITDA | 12.32 |
| EV / EBIT | 19.45 |
| EV / FCF | -20.69 |
Financial Position
The company has a current ratio of 2.05, with a Debt / Equity ratio of 0.82.
| Current Ratio | 2.05 |
| Quick Ratio | 2.05 |
| Debt / Equity | 0.82 |
| Total Debt / Capitalization | 44.97 |
| Cash Flow / Debt | 0.12 |
| Interest Coverage | 4.68 |
Financial Efficiency
Return on equity (ROE) is 0.19% and return on capital (ROIC) is 8.37%.
| Return on Equity (ROE) | 0.19% |
| Return on Assets (ROA) | 0.08% |
| Return on Capital (ROIC) | 8.37% |
| Revenue Per Employee | 690.90K |
| Profits Per Employee | 145.03K |
| Employee Count | 1.20K |
| Asset Turnover | 0.38 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 37.61M |
| Effective Tax Rate | 0.25 |
Stock Price Statistics
The stock price has increased by 2.81% in the last 52 weeks. The beta is 0.73, so McGrath RentCorp's price volatility has been higher than the market average.
| Beta | 0.73 |
| 52-Week Price Change | 2.81% |
| 50-Day Moving Average | 115.35 |
| 200-Day Moving Average | 111.3 |
| Relative Strength Index (RSI) | 54.31 |
| Average Volume (20 Days) | 321.22K |
Income Statement
In the last 12 months, McGrath RentCorp had revenue of $831.84M and earned $174.62M in profits. Earnings per share was $7.14.
| Revenue | 831.84M |
| Gross Profit | 393.63M |
| Operating Income | 189.71M |
| Net Income | 174.62M |
| EBITDA | 299.40M |
| EBIT | 189.71M |
| Earnings Per Share (EPS) | 7.14 |
Balance Sheet
The company has $877.00K in cash and $762.98M in debt, giving a net cash position of -$762.10M.
| Cash & Cash Equivalents | 877.00K |
| Total Debt | 762.98M |
| Net Cash | -762.10M |
| Retained Earnings | 822.80M |
| Total Assets | 2.29B |
| Working Capital | -58.66M |
Cash Flow
In the last 12 months, operating cash flow was $95.34M and capital expenditures -$273.67M, giving a free cash flow of -$178.32M.
| Operating Cash Flow | 95.34M |
| Capital Expenditures | -273.67M |
| Free Cash Flow | -178.32M |
| FCF Per Share | -7.29 |
Margins
Gross margin is 47.32%, with operating and profit margins of 22.81% and 20.99%.
| Gross Margin | 47.32% |
| Operating Margin | 22.81% |
| Pretax Margin | 17.97% |
| Profit Margin | 20.99% |
| EBITDA Margin | 35.99% |
| EBIT Margin | 22.81% |
| FCF Margin | -21.44% |
Dividends & Yields
MGRC pays an annual dividend of $1.9, which amounts to a dividend yield of 1.59%.
| Dividend Per Share | $1.90 |
| Dividend Yield | 1.59% |
| Dividend Growth (YoY) | 2.15% |
| Payout Ratio | 20.77% |
| Earnings Yield | 6.01% |
| FCF Yield | -6.12% |
Analyst Forecast
The average price target for MGRC is $145.5, which is 22.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $145.5 |
| Price Target Difference | 22.5% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Mar 28, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 28, 2005 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 2.95 |
| Piotroski F-Score | 7 |