Mrc Global Stock Net Income
| MRC Stock | USD 11.82 0.03 0.25% |
MRC Global fundamentals help investors to digest information that contributes to MRC Global's financial success or failures. It also enables traders to predict the movement of MRC Stock. The fundamental analysis module provides a way to measure MRC Global'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 MRC Global stock.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 45.9 M | 48.2 M | |
| Net Income | 114 M | 119.7 M | |
| Net Income From Continuing Ops | 114 M | 119.7 M | |
| Net Income Per Share | 1.35 | 1.42 | |
| Net Income Per E B T | 0.75 | 1.05 |
MRC | Net Income |
MRC Global Company Net Income Analysis
MRC Global's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current MRC Global Net Income | 114 M |
Most of MRC Global's fundamental indicators, such as Net Income, 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, MRC Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MRC Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for MRC Global is extremely important. It helps to project a fair market value of MRC Stock properly, considering its historical fundamentals such as Net Income. Since MRC Global'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 MRC Global'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 MRC Global's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
MRC Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, MRC Global reported net income of 114 M. This is 94.98% lower than that of the Trading Companies & Distributors sector and 143.17% higher than that of the Industrials industry. The net income for all United States stocks is 80.03% higher than that of the company.
MRC Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MRC Global's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MRC Global could also be used in its relative valuation, which is a method of valuing MRC Global by comparing valuation metrics of similar companies.MRC Global is currently under evaluation in net income category among related companies.
MRC Global Institutional Holders
Institutional Holdings refers to the ownership stake in MRC Global that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MRC Global's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MRC Global's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 1.8 M | Kennedy Capital Management Inc | 2023-12-31 | 1.5 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.4 M | Philosophy Capital Management Llc | 2023-12-31 | 1.4 M | Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.3 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 1.2 M | Royce & Associates, Lp | 2023-12-31 | 1.1 M | Renaissance Technologies Corp | 2023-12-31 | 947.6 K | Vanguard Group Inc | 2023-12-31 | 9 M | Pzena Investment Management, Llc | 2023-12-31 | 7 M |
MRC Fundamentals
| 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 | ||||
| Shares Owned By Insiders | 2.05 % | ||||
| Shares Owned By Institutions | 95.30 % | ||||
| Number Of Shares Shorted | 1.25 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 | ||||
| Short Ratio | 2.61 X | ||||
| Earnings Per Share | 1.05 X | ||||
| Price To Earnings To Growth | 9.89 X | ||||
| Target Price | 15.3 | ||||
| Number Of Employees | 2.8 K | ||||
| Beta | 2.01 | ||||
| Market Capitalization | 1 B | ||||
| Total Asset | 1.89 B | ||||
| Retained Earnings | (678 M) | ||||
| Working Capital | 372 M | ||||
| Current Asset | 1.41 B | ||||
| Current Liabilities | 445 M | ||||
| Net Asset | 1.89 B |
About MRC Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MRC Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MRC Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MRC Global 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.
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 MRC Global 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, MRC Global's short interest history, or implied volatility extrapolated from MRC Global options trading.
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Try AI Portfolio ArchitectCheck out MRC Global Piotroski F Score and MRC Global Altman Z Score analysis. For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for MRC Stock analysis
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.