Mrc Global Stock Performance
| MRC Stock | USD 11.64 0.19 1.61% |
On a scale of 0 to 100, MRC Global holds a performance score of 8. The company owns a Beta (Systematic Risk) of -0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MRC Global are expected to decrease at a much lower rate. During the bear market, MRC Global is likely to outperform the market. Please check MRC Global's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether MRC Global's current price history will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in MRC Global are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, MRC Global exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.61) | Five Day Return (6.43) | Year To Date Return 3.74 | Ten Year Return (59.36) | All Time Return (44.68) |
1 | Payment of 8211 shares by Kelly Youngblood of MRC Global subject to Rule 16b-3 | 02/08/2024 |
2 | Payment of 8432 shares by Kelly Youngblood of MRC Global subject to Rule 16b-3 | 02/09/2024 |
3 | Earnings call MRC Global reports record margins, plans for growth | 02/15/2024 |
4 | Insider Trading | 03/11/2024 |
5 | MRC Up 3.7 percent Since Last Earnings Report Can It Continue | 03/14/2024 |
6 | Disposition of 46079 shares by Robert Saltiel of MRC Global at 12.46 subject to Rule 16b-3 | 03/15/2024 |
7 | MRC Global says Engine Capital board nominees dont bring added skills | 03/19/2024 |
8 | Comscore Achieves Accreditation by the Media Rating Council for National and Local TV Household-Level Measurement | 03/20/2024 |
9 | Why Is Valmont Up 0.3 percent Since Last Earnings Report | 03/22/2024 |
10 | MRC Global Hits New 12-Month High Following Analyst Upgrade - Defense World | 04/08/2024 |
11 | Is Penn State shutting down its Multicultural Resource Center Heres what we know | 04/15/2024 |
12 | Reasons Why You Should Avoid Betting on MRC Global | 04/16/2024 |
| Begin Period Cash Flow | 32 M |
MRC |
MRC Global Relative Risk vs. Return Landscape
If you would invest 1,023 in MRC Global on January 19, 2024 and sell it today you would earn a total of 141.00 from holding MRC Global or generate 13.78% return on investment over 90 days. MRC Global is generating 0.2285% of daily returns assuming volatility of 2.2285% on return distribution over 90 days investment horizon. In other words, 19% of stocks are less volatile than MRC, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
MRC Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MRC Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MRC Global, and traders can use it to determine the average amount a MRC Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1025
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Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average MRC Global is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MRC Global by adding it to a well-diversified portfolio.
MRC Global Fundamentals Growth
MRC Stock prices reflect investors' perceptions of the future prospects and financial health of MRC Global, and MRC Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MRC Stock performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0618 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 1.74 B | ||||
| Shares Outstanding | 85.21 M | ||||
| Price To Earning | 37.32 X | ||||
| Price To Book | 2.11 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 3.41 B | ||||
| Gross Profit | 610 M | ||||
| EBITDA | 227 M | ||||
| Net Income | 114 M | ||||
| Cash And Equivalents | 29 M | ||||
| Cash Per Share | 0.35 X | ||||
| Total Debt | 521 M | ||||
| Debt To Equity | 0.77 % | ||||
| Current Ratio | 1.91 X | ||||
| Book Value Per Share | 5.79 X | ||||
| Cash Flow From Operations | 181 M | ||||
| Earnings Per Share | 1.05 X | ||||
| Market Capitalization | 1.01 B | ||||
| Total Asset | 1.89 B | ||||
| Retained Earnings | (678 M) | ||||
| Working Capital | 372 M | ||||
| Current Asset | 1.41 B | ||||
| Current Liabilities | 445 M | ||||
About MRC Global Performance
To evaluate MRC Global Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when MRC Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare MRC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand MRC Global market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MRC's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 75.09 | 90.55 | |
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.17 | 0.18 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.14 | 0.14 |
Things to note about MRC Global performance evaluation
Checking the ongoing alerts about MRC Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MRC Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MRC Global is unlikely to experience financial distress in the next 2 years | |
| MRC Global has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Reasons Why You Should Avoid Betting on MRC Global |
- Analyzing MRC Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MRC Global's stock is overvalued or undervalued compared to its peers.
- Examining MRC Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MRC Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MRC Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MRC Global's stock. These opinions can provide insight into MRC Global's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. 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.
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When running MRC Global's price analysis, check to measure MRC Global'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 MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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Is MRC Global'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 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 (0.05) | Earnings Share 1.05 | Revenue Per Share 40.523 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0618 |
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.