Mcgrath Rentcorp Stock Price To Earning

MGRC Stock

USD 109.00 0.35 0.32%

McGrath RentCorp fundamentals help investors to digest information that contributes to McGrath RentCorp's financial success or failures. It also enables traders to predict the movement of McGrath Stock. The fundamental analysis module provides a way to measure McGrath RentCorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to McGrath RentCorp stock.

Total Stockholder Equity Total Assets

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McGrath RentCorp Company Price To Earning Analysis

McGrath RentCorp's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

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Current McGrath RentCorp Price To Earning

24.51 X

Most of McGrath RentCorp's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, McGrath RentCorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

McGrath Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for McGrath RentCorp is extremely important. It helps to project a fair market value of McGrath Stock properly, considering its historical fundamentals such as Price To Earning. Since McGrath RentCorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of McGrath RentCorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of McGrath RentCorp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Retained Earnings	Total Liab	Net Debt	Accounts Payable	Net Receivables	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.96	0.98	0.93	0.97	0.99	0.98	0.29	0.57	0.9	0.72	0.92	0.83	0.79	0.71	0.6	0.38	-0.62	0.78	-0.74	0.83
Total Stockholder Equity	0.96		1.0	0.88	0.82	0.98	0.97	0.94	0.39	0.57	0.79	0.66	0.91	0.77	0.74	0.85	0.5	0.44	-0.71	0.77	-0.69	0.82
Retained Earnings	0.96	1.0		0.87	0.82	0.98	0.97	0.94	0.45	0.51	0.8	0.68	0.93	0.8	0.77	0.85	0.51	0.45	-0.74	0.8	-0.71	0.84
Total Liab	0.98	0.88	0.87		0.97	0.9	0.95	0.95	0.19	0.53	0.94	0.73	0.87	0.83	0.78	0.56	0.65	0.3	-0.51	0.75	-0.75	0.79
Net Debt	0.93	0.82	0.82	0.97		0.83	0.92	0.91	0.26	0.33	1.0	0.78	0.89	0.92	0.86	0.48	0.69	0.29	-0.55	0.79	-0.8	0.83
Accounts Payable	0.97	0.98	0.98	0.9	0.83		0.98	0.95	0.38	0.57	0.8	0.73	0.92	0.78	0.77	0.81	0.6	0.43	-0.65	0.78	-0.75	0.82
Net Receivables	0.99	0.97	0.97	0.95	0.92	0.98		0.98	0.37	0.5	0.9	0.77	0.95	0.86	0.83	0.73	0.63	0.4	-0.65	0.82	-0.8	0.86
Total Current Assets	0.98	0.94	0.94	0.95	0.91	0.95	0.98		0.32	0.53	0.88	0.72	0.91	0.83	0.8	0.69	0.62	0.42	-0.63	0.79	-0.77	0.83
Short Term Debt	0.29	0.39	0.45	0.19	0.26	0.38	0.37	0.32		-0.33	0.32	0.54	0.53	0.55	0.61	0.47	0.28	0.33	-0.51	0.58	-0.52	0.65
Common Stock	0.57	0.57	0.51	0.53	0.33	0.57	0.5	0.53	-0.33		0.25	0.1	0.26	0.06	0.04	0.53	0.25	0.18	-0.08	0.24	-0.07	0.05
Long Term Debt	0.9	0.79	0.8	0.94	1.0	0.8	0.9	0.88	0.32	0.25		0.81	0.9	0.95	0.89	0.46	0.7	0.29	-0.57	0.81	-0.83	0.85
Property Plant Equipment	0.72	0.66	0.68	0.73	0.78	0.73	0.77	0.72	0.54	0.1	0.81		0.81	0.84	0.89	0.45	0.84	0.06	-0.31	0.79	-0.85	0.8
Current Deferred Revenue	0.92	0.91	0.93	0.87	0.89	0.92	0.95	0.91	0.53	0.26	0.9	0.81		0.93	0.89	0.73	0.63	0.42	-0.73	0.88	-0.85	0.92
Good Will	0.83	0.77	0.8	0.83	0.92	0.78	0.86	0.83	0.55	0.06	0.95	0.84	0.93		0.97	0.53	0.68	0.41	-0.7	0.88	-0.89	0.92
Intangible Assets	0.79	0.74	0.77	0.78	0.86	0.77	0.83	0.8	0.61	0.04	0.89	0.89	0.89	0.97		0.5	0.76	0.43	-0.65	0.89	-0.91	0.9
Net Tangible Assets	0.71	0.85	0.85	0.56	0.48	0.81	0.73	0.69	0.47	0.53	0.46	0.45	0.73	0.53	0.5		0.37	0.48	-0.67	0.72	-0.47	0.55
Long Term Debt Total	0.6	0.5	0.51	0.65	0.69	0.6	0.63	0.62	0.28	0.25	0.7	0.84	0.63	0.68	0.76	0.37		0.2	-0.19	0.79	-0.75	0.5
Deferred Long Term Liab	0.38	0.44	0.45	0.3	0.29	0.43	0.4	0.42	0.33	0.18	0.29	0.06	0.42	0.41	0.43	0.48	0.2		-0.77	0.52	-0.41	0.36
Short Long Term Debt	-0.62	-0.71	-0.74	-0.51	-0.55	-0.65	-0.65	-0.63	-0.51	-0.08	-0.57	-0.31	-0.73	-0.7	-0.65	-0.67	-0.19	-0.77		-0.65	0.56	-0.71
Net Invested Capital	0.78	0.77	0.8	0.75	0.79	0.78	0.82	0.79	0.58	0.24	0.81	0.79	0.88	0.88	0.89	0.72	0.79	0.52	-0.65		-0.84	0.74
Net Working Capital	-0.74	-0.69	-0.71	-0.75	-0.8	-0.75	-0.8	-0.77	-0.52	-0.07	-0.83	-0.85	-0.85	-0.89	-0.91	-0.47	-0.75	-0.41	0.56	-0.84		-0.83
Capital Stock	0.83	0.82	0.84	0.79	0.83	0.82	0.86	0.83	0.65	0.05	0.85	0.8	0.92	0.92	0.9	0.55	0.5	0.36	-0.71	0.74	-0.83

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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McGrath Retained Earnings

Retained Earnings

863.94 Million

At present, McGrath RentCorp's Retained Earnings are projected to increase significantly based on the last few years of reporting.

Based on the latest financial disclosure, McGrath RentCorp has a Price To Earning of 24.51 times. This is 23.85% higher than that of the Commercial Services & Supplies sector and 32.27% higher than that of the Industrials industry. The price to earning for all United States stocks is 14.66% higher than that of the company.

McGrath Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses McGrath RentCorp's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of McGrath RentCorp could also be used in its relative valuation, which is a method of valuing McGrath RentCorp by comparing valuation metrics of similar companies.

McGrath RentCorp is currently under evaluation in price to earning category among related companies.

McGrath Fundamentals

	Return On Equity	0.14
	Return On Asset	0.0636
	Profit Margin	0.15 %
	Operating Margin	0.28 %
	Current Valuation	3.47 B
	Shares Outstanding	24.55 M
	Shares Owned By Insiders	1.48 %
	Shares Owned By Institutions	87.05 %
	Number Of Shares Shorted	1.21 M
	Price To Earning	24.51 X
	Price To Book	3.02 X
	Price To Sales	3.39 X
	Revenue	831.84 M
	Gross Profit	336.91 M
	EBITDA	299.09 M
	Net Income	174.62 M
	Cash And Equivalents	1.56 M
	Cash Per Share	0.06 X
	Total Debt	762.98 M
	Debt To Equity	0.54 %
	Current Ratio	1.70 X
	Book Value Per Share	38.43 X
	Cash Flow From Operations	95.34 M
	Short Ratio	4.80 X
	Earnings Per Share	5.02 X
	Price To Earnings To Growth	1.63 X
	Target Price	117.0
	Number Of Employees	1.2 K
	Beta	0.78
	Market Capitalization	2.68 B
	Total Asset	2.22 B
	Retained Earnings	822.8 M
	Working Capital	(50.71 M)
	Current Asset	107.37 M
	Current Liabilities	71.94 M
	Annual Yield	0.02 %
	Five Year Return	2.26 %
	Net Asset	2.22 B
	Last Dividend Paid	1.87

About McGrath RentCorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze McGrath RentCorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of McGrath RentCorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of McGrath RentCorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

McGrath RentCorp Investors Sentiment

The influence of McGrath RentCorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in McGrath. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to McGrath RentCorp's public news can be used to forecast risks associated with an investment in McGrath. The trend in average sentiment can be used to explain how an investor holding McGrath can time the market purely based on public headlines and social activities around McGrath RentCorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

McGrath RentCorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for McGrath RentCorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average McGrath RentCorp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on McGrath RentCorp.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards McGrath RentCorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, McGrath RentCorp's short interest history, or implied volatility extrapolated from McGrath RentCorp options trading.

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When determining whether McGrath RentCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of McGrath RentCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mcgrath Rentcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mcgrath Rentcorp Stock:

How To Invest In McGrath

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Is McGrath Stock a good investment?

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What is McGrath RentCorp's Net Worth?

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Largest Commercial Services & Supplies Companies

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Check out McGrath RentCorp Piotroski F Score and McGrath RentCorp Altman Z Score analysis.

For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.

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When running McGrath RentCorp's price analysis, check to measure McGrath RentCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McGrath RentCorp is operating at the current time. Most of McGrath RentCorp's value examination focuses on studying past and present price action to predict the probability of McGrath RentCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McGrath RentCorp's price. Additionally, you may evaluate how the addition of McGrath RentCorp to your portfolios can decrease your overall portfolio volatility.

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Is McGrath RentCorp's industry 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 McGrath RentCorp. If investors know McGrath 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 McGrath RentCorp 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

(0.68)

Dividend Share

1.87

Earnings Share

5.02

Revenue Per Share

34.946

Quarterly Revenue Growth

0.147

The market value of McGrath RentCorp is measured differently than its book value, which is the value of McGrath that is recorded on the company's balance sheet. Investors also form their own opinion of McGrath RentCorp's value that differs from its market value or its book value, called intrinsic value, which is McGrath RentCorp'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 McGrath RentCorp's market value can be influenced by many factors that don't directly affect McGrath RentCorp'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 McGrath RentCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if McGrath RentCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McGrath RentCorp'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.

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Mcgrath Rentcorp Stock Price To Earning

McGrath RentCorp Company Price To Earning Analysis

P/E

Market Value Per Share

Earnings Per Share

Current McGrath RentCorp Price To Earning

McGrath Price To Earning Driver Correlations

McGrath Retained Earnings

Retained Earnings

863.94 Million

McGrath Price To Earning Peer Comparison

McGrath Fundamentals

About McGrath RentCorp Fundamental Analysis

McGrath RentCorp Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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