McGrath RentCorp MGRC

Morningstar Rating
$114.08 −0.10 (0.09%)
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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 182% premium.
Price
$114.09
Fair Value
$494.83
Uncertainty
Nwf
1-Star Price
$562.14
5-Star Price
$866.77
Economic Moat
Xhclnq
Capital Allocation

News

Trading Information

Previous Close Price
$114.18
Day Range
$113.72116.23
52-Week Range
$95.25128.41
Bid/Ask
$113.73 / $114.53
Shares Outstanding
24.56M
Market Cap
$2.80B
Volume/Avg
210,419 / 210,858

Key Statistics

Price/Earnings (Normalized)
18.21
Price/Sales
2.99
Dividend Yield (Trailing)
1.73%
Dividend Yield (Forward)
1.73%
Total Yield
1.69%

Company Profile

McGrath RentCorp is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers, and electronic test equipment. It comprises four reportable business segments, namely the Modular Building segment (Mobile Modular), which generates maximum revenue; the Portable Storage segment (Portable Storage); the Electronic Test Equipment segment (TRS-RenTelco); and its classroom manufacturing business (Enviroplex), which sells modular buildings used as classrooms in California. The company generates its revenues mainly from the rental of its equipment under operating leases, with sales of equipment occurring in the normal course of business.
Sector
Industrials
Industry
Rental & Leasing Services
Stock Style Box
Small Core
Total Number of Employees
1,306

Valuation

Metric
MGRC
Price/Earnings (Normalized)
18.21
Price/Book Value
2.29
Price/Sales
2.99
Price/Cash Flow
10.71
Price/Earnings
MGRC

Financial Strength

Metric
MGRC
Quick Ratio
0.80
Current Ratio
0.84
Interest Coverage
8.34
Quick Ratio
MGRC

Profitability

Metric
MGRC
Return on Assets (Normalized)
5.61%
Return on Equity (Normalized)
10.96%
Return on Invested Capital (Normalized)
8.72%
Return on Assets
MGRC

Rental & Leasing Services Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Hnnjq$11B
U-Haul Holding Co
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U-Haul Holding Co Ordinary Shares - Series N
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Localiza Rent A Car SA ADR
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Element Fleet Management Corp
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Avis Budget Group Inc
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Pzssb$7B
Herc Holdings Inc
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ThfqkwzNgwv$5B

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