MRC Global distributes pipes, valves, fittings, and related products and services to the energy and industrial sectors. The company was founded in 1921 and is based in Houston, Texas.
MRC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MRC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Mrc Global Inc ranked in the 91th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Mrc Global Inc, consider:
39% of the company's capital comes from equity, which is greater than only 22.06% of stocks in our cash flow based forecasting set.
Mrc Global Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 21.02% of tickers in our DCF set.
As a business, Mrc Global Inc experienced a tax rate of about 22% over the past twelve months; relative to its sector (Energy), this tax rate is higher than 85.47% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Mrc Global Inc? See CNQ, GEL, GLOP, PDS, and SGU.
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MRC Global Inc. (NYSE: MRC) will release its second quarter 2020 results on July 28, 2020 after the market closes. In conjunction with the release, the Company will host a conference call, which will be webcast, on Wednesday, July 29, 2020 at 10:00 a.m. Eastern / 9:00 a.m. Central.