MGRC Stock Price Chart More Charts

MGRC Price/Volume Stats

McGrath RentCorp (MGRC) Company Bio

Mcgrath Rentcorp engages in the rental and sale of relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. The company was founded in 1979 and is based in Livermore, California.

MGRC Price Forecast Based on DCF Valuation

We started the process of determining a valid price forecast for Mcgrath Rentcorp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Mcgrath Rentcorp ranked in the 50st percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Mcgrath Rentcorp, consider:

• The compound growth rate in the free cash flow of Mcgrath Rentcorp over the past 5.5 years is 0.32%; that's better than 79.49% of cash flow producing equities in the Industrials sector, where it is classified.
• Mcgrath Rentcorp's effective tax rate, as measured by taxes paid relative to net income, is at 18 -- greater than 74.91% of US stocks with positive free cash flow.
• Mcgrath Rentcorp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 11. This coverage rate is greater than that of 74.52% of stocks we're observing for the purpose of forecasting via discounted cash flows.

For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MGRC, try FC, QUAD, RXN, THR, and TPC.