MRC Global Current Valuation vs. EBITDA
| MRC Stock | USD 12.55 0.06 0.48% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.14 | 0.2022 |
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For MRC Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MRC Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MRC Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MRC Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MRC Global over time as well as its relative position and ranking within its peers.
MRC |
MRC Global's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MRC Global. If investors know MRC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MRC Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Earnings Share 0.87 | Revenue Per Share 37.771 | Quarterly Revenue Growth (0.10) | Return On Assets 0.0505 |
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MRC Global's market value can be influenced by many factors that don't directly affect MRC Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MRC Global EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MRC Global's current stock value. Our valuation model uses many indicators to compare MRC Global value to that of its competitors to determine the firm's financial worth. MRC Global is rated top company in current valuation category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 0.14 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for MRC Global is roughly 7.33 . At present, MRC Global's EBITDA is projected to decrease significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MRC Global's earnings, one of the primary drivers of an investment's value.MRC Current Valuation vs. Competition
MRC Global is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 22.96 Billion. MRC Global holds roughly 1.65 Billion in current valuation claiming about 7% of equities under Industrials industry.
MRC EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
MRC Global |
| = | 1.65 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
MRC Global |
| = | 225 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
MRC EBITDA Comparison
MRC Global is currently under evaluation in ebitda category among its peers.
MRC Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MRC Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MRC Global will eventually generate negative long term returns. The profitability progress is the general direction of MRC Global's change in net profit over the period of time. It can combine multiple indicators of MRC Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -228 M | -239.4 M | |
| Operating Income | 187 M | 196.3 M | |
| Income Before Tax | 153 M | 160.7 M | |
| Net Income Applicable To Common Shares | 45.9 M | 48.2 M | |
| Net Income | 114 M | 119.7 M | |
| Income Tax Expense | 39 M | 41 M | |
| Total Other Income Expense Net | -34 M | -35.7 M | |
| Net Income From Continuing Ops | 114 M | 119.7 M | |
| Non Operating Income Net Other | -6.9 M | -7.2 M | |
| Interest Income | 21.6 M | 26.7 M | |
| Net Interest Income | -32 M | -33.6 M | |
| Change To Netincome | 86.2 M | 64.1 M | |
| Net Income Per Share | 1.35 | 1.42 | |
| Income Quality | 1.59 | 1.67 | |
| Net Income Per E B T | 0.75 | 1.05 |
MRC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MRC Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MRC Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MRC Global's important profitability drivers and their relationship over time.
Use MRC Global in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MRC Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MRC Global will appreciate offsetting losses from the drop in the long position's value.MRC Global Pair Trading
MRC Global Pair Trading Analysis
The ability to find closely correlated positions to MRC Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MRC Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MRC Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MRC Global to buy it.
The correlation of MRC Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MRC Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MRC Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MRC Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MRC Global position
In addition to having MRC Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
To fully project MRC Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MRC Global at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MRC Global's income statement, its balance sheet, and the statement of cash flows.