(MGRC) McGrath RentCorp - Overview
Stock: Modular Buildings, Portable Storage, Test Equipment, Portable Classrooms
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.72% |
| Yield on Cost 5y | 2.74% |
| Yield CAGR 5y | 2.85% |
| Payout Consistency | 96.3% |
| Payout Ratio | 44.7% |
| Risk 5d forecast | |
|---|---|
| Volatility | 29.2% |
| Relative Tail Risk | -9.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.09 |
| Alpha | -14.52 |
| Character TTM | |
|---|---|
| Beta | 0.773 |
| Beta Downside | 0.723 |
| Drawdowns 3y | |
|---|---|
| Max DD | 24.91% |
| CAGR/Max DD | 0.26 |
Description: MGRC McGrath RentCorp January 12, 2026
McGrath RentCorp (NASDAQ: MGRC) is a B2B rental and sales firm that offers relocatable modular buildings, portable steel storage containers, and electronic test equipment across four operating segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. The Mobile Modular segment serves temporary-space needs in education, construction, health-care and other sectors; Portable Storage supplies steel containers for construction, industrial and energy markets; TRS-RenTelco rents and sells test gear to aerospace, defense and semiconductor customers; and Enviroplex builds and sells portable classrooms to California school districts.
Key quantitative points (as of FY 2023) include total revenue of roughly $215 million, with the Mobile Modular segment contributing about 55 % of sales and posting a 6 % year-over-year growth driven by heightened demand for flexible classroom space amid school construction backlogs. The Portable Storage segment saw a 4 % revenue increase, reflecting sustained construction activity and supply-chain disruptions that favor on-site storage solutions. TRS-RenTelco’s top-line grew 8 % on rising defense spending and semiconductor capital-expenditure cycles, while Enviroplex remains a niche, California-focused operation with modest double-digit growth but limited scale. The company’s cash conversion cycle averages 45 days, and its balance sheet shows a net cash position of $30 million, giving it flexibility to fund equipment upgrades and potential acquisitions.
For a deeper quantitative view, you may want to explore MGRC’s metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income: 145.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 5.30 > 1.0 |
| NWC/Revenue: 9.98% < 20% (prev 7.34%; Δ 2.64% < -1%) |
| CFO/TA 0.09 > 3% & CFO 211.5m > Net Income 145.4m |
| Net Debt (544.5m) to EBITDA (336.7m): 1.62 < 3 |
| Current Ratio: 1.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (24.6m) vs 12m ago 0.31% < -2% |
| Gross Margin: 47.37% > 18% (prev 0.47%; Δ 4690 % > 0.5%) |
| Asset Turnover: 40.17% > 50% (prev 38.89%; Δ 1.28% > 0%) |
| Interest Coverage Ratio: 6.98 > 6 (EBITDA TTM 336.7m / Interest Expense TTM 33.0m) |
Altman Z'' 3.51
| A: 0.04 (Total Current Assets 262.0m - Total Current Liabilities 169.1m) / Total Assets 2.35b |
| B: 0.46 (Retained Earnings 1.08b / Total Assets 2.35b) |
| C: 0.10 (EBIT TTM 230.3m / Avg Total Assets 2.32b) |
| D: 1.04 (Book Value of Equity 1.20b / Total Liabilities 1.15b) |
| Altman-Z'' Score: 3.51 = A |
Beneish M -2.99
| DSRI: 1.03 (Receivables 241.3m/224.5m, Revenue 931.2m/888.8m) |
| GMI: 1.00 (GM 47.37% / 47.39%) |
| AQI: 1.01 (AQ_t 0.20 / AQ_t-1 0.20) |
| SGI: 1.05 (Revenue 931.2m / 888.8m) |
| TATA: -0.03 (NI 145.4m - CFO 211.5m) / TA 2.35b) |
| Beneish M-Score: -2.99 (Cap -4..+1) = A |
What is the price of MGRC shares?
Over the past week, the price has changed by +6.93%, over one month by +11.27%, over three months by +13.25% and over the past year by -2.78%.
Is MGRC a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the MGRC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 147 | 23.1% |
| Analysts Target Price | 147 | 23.1% |
| ValueRay Target Price | 126.8 | 6.2% |
MGRC Fundamental Data Overview February 05, 2026
P/E Forward = 16.6389
P/S = 3.083
P/B = 2.298
P/EG = 1.1089
Revenue TTM = 931.2m USD
EBIT TTM = 230.3m USD
EBITDA TTM = 336.7m USD
Long Term Debt = 551.8m USD (from longTermDebt, last quarter)
Short Term Debt = 12.6m USD (from shortTermDebt, last fiscal year)
Debt = 551.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 544.5m USD (from netDebt column, last quarter)
Enterprise Value = 3.42b USD (2.87b + Debt 551.8m - CCE 7.26m)
Interest Coverage Ratio = 6.98 (Ebit TTM 230.3m / Interest Expense TTM 33.0m)
EV/FCF = 22.74x (Enterprise Value 3.42b / FCF TTM 150.2m)
FCF Yield = 4.40% (FCF TTM 150.2m / Enterprise Value 3.42b)
FCF Margin = 16.13% (FCF TTM 150.2m / Revenue TTM 931.2m)
Net Margin = 15.62% (Net Income TTM 145.4m / Revenue TTM 931.2m)
Gross Margin = 47.37% ((Revenue TTM 931.2m - Cost of Revenue TTM 490.1m) / Revenue TTM)
Gross Margin QoQ = 46.50% (prev 46.99%)
Tobins Q-Ratio = 1.45 (Enterprise Value 3.42b / Total Assets 2.35b)
Interest Expense / Debt = 1.48% (Interest Expense 8.18m / Debt 551.8m)
Taxrate = 27.71% (16.2m / 58.5m)
NOPAT = 166.5m (EBIT 230.3m * (1 - 27.71%))
Current Ratio = 1.55 (Total Current Assets 262.0m / Total Current Liabilities 169.1m)
Debt / Equity = 0.46 (Debt 551.8m / totalStockholderEquity, last quarter 1.20b)
Debt / EBITDA = 1.62 (Net Debt 544.5m / EBITDA 336.7m)
Debt / FCF = 3.63 (Net Debt 544.5m / FCF TTM 150.2m)
Total Stockholder Equity = 1.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.27% (Net Income 145.4m / Total Assets 2.35b)
RoE = 12.59% (Net Income TTM 145.4m / Total Stockholder Equity 1.15b)
RoCE = 13.50% (EBIT 230.3m / Capital Employed (Equity 1.15b + L.T.Debt 551.8m))
RoIC = 9.66% (NOPAT 166.5m / Invested Capital 1.72b)
WACC = 7.52% (E(2.87b)/V(3.42b) * Re(8.76%) + D(551.8m)/V(3.42b) * Rd(1.48%) * (1-Tc(0.28)))
Discount Rate = 8.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.22%
[DCF Debug] Terminal Value 72.47% ; FCFF base≈100.0m ; Y1≈65.7m ; Y5≈30.0m
Fair Price DCF = 3.91 (EV 640.7m - Net Debt 544.5m = Equity 96.2m / Shares 24.6m; r=7.52% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -17.64 | EPS CAGR: -40.57% | SUE: -2.41 | # QB: 0
Revenue Correlation: 78.29 | Revenue CAGR: 10.57% | SUE: -0.69 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.15 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=6.60 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+8.8% | Growth Revenue=+4.3%