McGrath RentCorp (MGRC)
McGrath RentCorp Statistics
Share Statistics
McGrath RentCorp has 24.55M shares outstanding. The number of shares has increased by 0.01% in one year.
| Shares Outstanding | 24.55M |
| Shares Change (YoY) | 0.01% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 87.78% |
| Shares Floating | 24.18M |
| Failed to Deliver (FTD) Shares | 7 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 371.12K, so 1.51% of the outstanding shares have been sold short.
| Short Interest | 371.12K |
| Short % of Shares Out | 1.51% |
| Short % of Float | 1.73% |
| Short Ratio (days to cover) | 3.03 |
Valuation Ratios
The PE ratio is 11.84 and the forward PE ratio is 15.71. McGrath RentCorp's PEG ratio is 0.37.
| PE Ratio | 11.84 |
| Forward PE | 15.71 |
| PS Ratio | 3.01 |
| Forward PS | 2.6 |
| PB Ratio | 2.44 |
| P/FCF Ratio | 8.21 |
| PEG Ratio | 0.37 |
Enterprise Valuation
McGrath RentCorp has an Enterprise Value (EV) of 3.33B.
| EV / Sales | 3.66 |
| EV / EBITDA | 7.12 |
| EV / EBIT | 8.9 |
| EV / FCF | 9.98 |
Financial Position
The company has a current ratio of 0.83, with a Debt / Equity ratio of 0.53.
| Current Ratio | 0.83 |
| Quick Ratio | 0.78 |
| Debt / Equity | 0.53 |
| Debt / EBITDA | 1.26 |
| Debt / FCF | 1.77 |
| Interest Coverage | 5.17 |
Financial Efficiency
Return on Equity is 20.63% and Return on Invested Capital is 22.4%.
| Return on Equity | 20.63% |
| Return on Assets | 10.17% |
| Return on Invested Capital | 22.4% |
| Revenue Per Employee | $747.29K |
| Profits Per Employee | $190.1K |
| Employee Count | 1,219 |
| Asset Turnover | 0.4 |
| Inventory Turnover | 33.24 |
Taxes
| Income Tax | 81.92M |
| Effective Tax Rate | 26.12% |
Stock Price Statistics
The stock price has increased by -4.95% in the last 52 weeks. The beta is 0.61, so McGrath RentCorp's price volatility has been higher than the market average.
| Beta | 0.61 |
| 52-Week Price Change | -4.95% |
| 50-Day Moving Average | 115.01 |
| 200-Day Moving Average | 112.49 |
| Relative Strength Index (RSI) | 40.35 |
| Average Volume (20 Days) | 154.75K |
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 | 360.89M |
| 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 1.81%.
| Dividend Per Share | $2.39 |
| Dividend Yield | 1.81% |
| Dividend Growth (YoY) | 2.15% |
| Payout Ratio | 25.29% |
| Earnings Yield | 8.44% |
| FCF Yield | 12.18% |
Analyst Forecast
The average price target for MGRC is $145.5, which is 38.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $145.5 |
| Price Target Difference | 38.7% |
| 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 | 2.91 |
| Piotroski F-Score | 7 |