Macquarie Infrastructure Corporation (MIC): Price and Financial Metrics
Macquarie Infrastructure Corporation (MIC)
Today's Latest Price: $28.26 USD
Updated Jan 28 10:23am
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POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 73 in Air/Defense Services
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MIC Stock Summary
- MIC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1.04 -- higher than just 18.26% of US-listed equities with positive expected earnings growth.
- With a year-over-year growth in debt of -31.94%, Macquarie Infrastructure Corp's debt growth rate surpasses merely 9.88% of about US stocks.
- In terms of twelve month growth in earnings before interest and taxes, Macquarie Infrastructure Corp is reporting a growth rate of -270.25%; that's higher than only 7.36% of US stocks.
- Stocks that are quantitatively similar to MIC, based on their financial statements, market capitalization, and price volatility, are CNTY, AVA, OTEL, TIGO, and NMM.
- Visit MIC's SEC page to see the company's official filings. To visit the company's web site, go to mic.
MIC Stock Price Chart Interactive Chart >
MIC Price/Volume Stats
| Current price | $28.26 | 52-week high | $45.74 |
| Prev. close | $28.28 | 52-week low | $12.50 |
| Day low | $28.16 | Volume | 166,226 |
| Day high | $28.61 | Avg. volume | 1,319,916 |
| 50-day MA | $33.33 | Dividend yield | 3.54% |
| 200-day MA | $29.67 | Market Cap | 2.46B |
Macquarie Infrastructure Corporation (MIC) Company Bio
Macquarie Infrastructure Company operates and invests in a diversified group of infrastructure businesses providing basic services to customers in the United States. Its businesses consist of a bulk liquid terminals business, International-Matex Tank Terminals, an airport services business, Atlantic Aviation, a gas processing and distribution business, Hawaii Gas, and several entities comprising a Contracted Power and Energy segment. The company was founded in 2004 and is based in New York, New York.
MIC Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $28.26 | $10.46 | -63% |
Below please find a table outlining a discounted cash flow forecast for MIC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Macquarie Infrastructure Corp ranked in the 28th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 62.83%. The most interesting components of our discounted cash flow analysis for Macquarie Infrastructure Corp ended up being:
- The company's balance sheet shows it gets 55% of its capital from equity, and 45% of its capital from debt. Its equity weight surpasses that of merely 22.48% of free cash flow generating stocks in the Industrials sector.
- Macquarie Infrastructure Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
- Macquarie Infrastructure Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -4.7. This coverage rate is greater than that of only 12.52% of stocks we're observing for the purpose of forecasting via discounted cash flows.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -64% |
| 1% | -63% |
| 2% | -63% |
| 3% | -63% |
| 4% | -62% |
| 5% | -62% |
DOV, NLSN, VRSK, ADP, and CLCT can be thought of as valuation peers to MIC, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
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