McGrath RentCorp (MGRC)
McGrath RentCorp Statistics
Share Statistics
McGrath RentCorp has 24.55M shares outstanding. The number of shares has increased by 0.22% in one year.
| Shares Outstanding | 24.55M |
| Shares Change (YoY) | 0.22% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 87.76% |
| Shares Floating | 24.19M |
| Failed to Deliver (FTD) Shares | 24 |
| FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 520.04K, so 2.12% of the outstanding shares have been sold short.
| Short Interest | 520.04K |
| Short % of Shares Out | 2.12% |
| Short % of Float | 2.14% |
| Short Ratio (days to cover) | 4.37 |
Valuation Ratios
The PE ratio is 11.84 and the forward PE ratio is 20.61. McGrath RentCorp's PEG ratio is 0.37.
| PE Ratio | 11.84 |
| Forward PE | 20.61 |
| PS Ratio | 3.01 |
| Forward PS | 2.8 |
| PB Ratio | 2.44 |
| P/FCF Ratio | 8.21 |
| PEG Ratio | 0.37 |
Enterprise Valuation
McGrath RentCorp has an Enterprise Value (EV) of 3.69B.
| EV / Earnings | 15.92 |
| EV / Sales | 4.05 |
| EV / EBITDA | 7.88 |
| EV / EBIT | 15.1 |
| EV / FCF | 11.04 |
Financial Position
The company has a current ratio of 1.38, with a Debt / Equity ratio of 0.53.
| Current Ratio | 1.38 |
| Quick Ratio | 1.3 |
| Debt / Equity | 0.53 |
| Total Debt / Capitalization | 34.44 |
| Cash Flow / Debt | 0.63 |
| Interest Coverage | 5.17 |
Financial Efficiency
Return on equity (ROE) is 0.21% and return on capital (ROIC) is 10.53%.
| Return on Equity (ROE) | 0.21% |
| Return on Assets (ROA) | 0.1% |
| Return on Capital (ROIC) | 10.53% |
| Revenue Per Employee | $747,286.3 |
| Profits Per Employee | $190,095.98 |
| Employee Count | 1,219 |
| Asset Turnover | 0.4 |
| Inventory Turnover | 33.24 |
Taxes
| Income Tax | 81.92M |
| Effective Tax Rate | 0.26 |
Stock Price Statistics
The stock price has increased by -7.98% in the last 52 weeks. The beta is 0.74, so McGrath RentCorp's price volatility has been higher than the market average.
| Beta | 0.74 |
| 52-Week Price Change | -7.98% |
| 50-Day Moving Average | 119.36 |
| 200-Day Moving Average | 112.42 |
| Relative Strength Index (RSI) | 43.08 |
| Average Volume (20 Days) | 144.9K |
Income Statement
In the last 12 months, McGrath RentCorp had revenue of 910.94M and earned 231.73M in profits. Earnings per share was 9.44.
| Revenue | 910.94M |
| Gross Profit | 435.42M |
| Operating Income | 244.26M |
| Net Income | 231.73M |
| EBITDA | 468.35M |
| EBIT | 244.26M |
| Earnings Per Share (EPS) | 9.44 |
Balance Sheet
The company has 807K in cash and 590.21M in debt, giving a net cash position of -589.4M.
| Cash & Cash Equivalents | 807K |
| Total Debt | 590.21M |
| Net Cash | -589.4M |
| Retained Earnings | 1.01B |
| Total Assets | 2.28B |
| Working Capital | 64.53M |
Cash Flow
In the last 12 months, operating cash flow was 374.38M and capital expenditures -40.23M, giving a free cash flow of 334.15M.
| Operating Cash Flow | 374.38M |
| Capital Expenditures | -40.23M |
| Free Cash Flow | 334.15M |
| FCF Per Share | 13.62 |
Margins
Gross margin is 47.8%, with operating and profit margins of 26.81% and 25.44%.
| Gross Margin | 47.8% |
| Operating Margin | 26.81% |
| Pretax Margin | 34.43% |
| Profit Margin | 25.44% |
| EBITDA Margin | 51.41% |
| EBIT Margin | 26.81% |
| FCF Margin | 36.68% |
Dividends & Yields
MGRC pays an annual dividend of $2.39, which amounts to a dividend yield of 1.66%.
| Dividend Per Share | $2.39 |
| Dividend Yield | 1.66% |
| Dividend Growth (YoY) | 2.15% |
| Payout Ratio | 25.29% |
| Earnings Yield | 8.31% |
| FCF Yield | 11.99% |
Analyst Forecast
The average price target for MGRC is $145.5, which is 28.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $145.5 |
| Price Target Difference | 28.2% |
| 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 | 3.07 |
| Piotroski F-Score | 7 |