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McGrath RentCorp MGRC

Morningstar Rating
$99.36 +0.56 (0.57%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MGRC is trading at a 8% discount.
Price
$99.33
Fair Value
$817.69
Uncertainty
Medium
1-Star Price
$565.70
5-Star Price
$36.55
Economic Moat
Ynyyq
Capital Allocation
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Trading Information

Previous Close Price
$98.80
Day Range
$99.0699.91
52-Week Range
$85.63111.70
Bid/Ask
$99.29 / $156.88
Market Cap
$2.43 Bil
Volume/Avg
64,470 / 92,140

Key Statistics

Price/Earnings (Normalized)
18.15
Price/Sales
2.97
Dividend Yield
1.86%
Dividend Yield (Forward)
1.87%
Total Yield
1.86%

Company Profile

McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.
Sector
Industrials
Industry
Rental & Leasing Services
Stock Style Box
Small Growth
Total Number of Employees
1,218

Valuation

Metric
MGRC
Price/Earnings (Normalized)
18.15
Price/Book Value
2.67
Price/Sales
2.97
Price/Cash Flow
13.40
Price/Earnings
MGRC

Financial Strength

Metric
MGRC
Quick Ratio
0.69
Current Ratio
0.69
Interest Coverage
5.66
Quick Ratio
MGRC

Profitability

Metric
MGRC
Return on Assets (Normalized)
5.36%
Return on Equity (Normalized)
12.28%
Return on Invested Capital (Normalized)
9.28%
Return on Assets
MGRC

Rental & Leasing Services Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
URI
United Rentals IncNctqs$32.3 Bil
ASHTY
Ashtead Group PLC ADRVlfwn$26.1 Bil
ASHTF
Ashtead Group PLCGxxphmh$26.1 Bil
AER
AerCap Holdings NVKcrf$13.4 Bil
LZRFY
Localiza Rent A Car SA ADRXrpgpb$12.7 Bil
UHAL
U-Haul Holding CoLnrk$10.6 Bil
UHAL.B
U-Haul Holding Co Ordinary Shares - Series NYlhz$10.5 Bil
WSC
WillScot Mobile Mini Holdings CorpZyddj$7.5 Bil
CAR
Avis Budget Group IncRbkyq$6.4 Bil
HRI
Herc Holdings IncTgcmf$3.5 Bil