MRC Global is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. At present, MRC Global's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1 B, whereas Total Current Liabilities is forecasted to decline to about 607.4 M. Key indicators impacting MRC Global's financial strength include:
The financial analysis of MRC Global is a critical element in measuring its lifeblood. Investors should not minimize MRC Global's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Please note, the presentation of MRC Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MRC Global's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of MRC Global's management manipulating its earnings.
MRC Global Stock Summary
MRC Global competes with NOV, Ranger Energy, Oil States, Geospace Technologies, and North American. MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets in the United States, Canada, and internationally. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas. Mrc Global operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 2700 people.
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. You can analyze the relationship between different fundamental ratios across MRC Global competition to find correlations between indicators driving MRC Global's intrinsic value. More Info.
MRC Global is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MRC Global is roughly 2.27 . At present, MRC Global's Return On Equity is projected to increase slightly 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 Global Systematic Risk
MRC Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MRC Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on MRC Global correlated with the market. If Beta is less than 0 MRC Global generally moves in the opposite direction as compared to the market. If MRC Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MRC Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MRC Global is generally in the same direction as the market. If Beta > 1 MRC Global moves generally in the same direction as, but more than the movement of the benchmark.
MRC Global Thematic Clasifications
MRC Global is part of Wholesale investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Wholesale industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Wholesale industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in MRC Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MRC Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MRC Global growth as a starting point in their analysis.
Price Earnings To Growth Ratio
0.41
At present, MRC Global's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.
MRC Global January 30, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MRC Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MRC Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of MRC Global based on widely used predictive technical indicators. In general, we focus on analyzing MRC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MRC Global's daily price indicators and compare them against related drivers.
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.