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McCoy Global TSX:MCB Stock Report

Last Price

CA$2.80

Market Cap

CA$76.1m

7D

-0.4%

1Y

40.0%

Updated

20 Dec, 2024

Data

Company Financials +

McCoy Global Inc.

TSX:MCB Stock Report

Market Cap: CA$76.1m

MCB Stock Overview

Provides equipment and technologies to support tubular running operations that enhance wellbore integrity and assist with collecting critical data for the energy industry. More details

MCB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 58.3% below our estimate of its fair value

Revenue is forecast to grow 9.03% per year

Risk Analysis

Does not have a meaningful market cap (CA$76M)

Dividend of 2.86% is not well covered by free cash flows

Profit margins (10.1%) are lower than last year (16.3%)


My Notes

Capture your thoughts, links and company narrative

McCoy Global Inc. Competitors

CWC Energy Services

TSXV:CWC

CA$82.6m

Essential Energy Services

TSX:ESN

CA$49.5m

Source Energy Services

TSX:SHLE

CA$208.3m

Pulse Seismic

TSX:PSD

CA$116.0m

Price History & Performance

Summary of share price highs, lows and changes for McCoy Global
Historical stock prices
Current Share PriceCA$2.80
52 Week HighCA$3.84
52 Week LowCA$1.81
Beta0.49
1 Month Change-6.98%
3 Month Change29.63%
1 Year Change40.00%
3 Year Change324.24%
5 Year Change344.44%
Change since IPO-13.85%

Recent News & Updates

Recent updates

McCoy Global Inc.'s (TSE:MCB) Earnings Are Not Doing Enough For Some Investors

Sep 25
McCoy Global Inc.'s (TSE:MCB) Earnings Are Not Doing Enough For Some Investors

We Think That There Are More Issues For McCoy Global (TSE:MCB) Than Just Sluggish Earnings

Aug 20
We Think That There Are More Issues For McCoy Global (TSE:MCB) Than Just Sluggish Earnings

Why We Think Shareholders May Be Considering Bumping Up McCoy Global Inc.'s (TSE:MCB) CEO Compensation

May 03
Why We Think Shareholders May Be Considering Bumping Up McCoy Global Inc.'s (TSE:MCB) CEO Compensation

McCoy Global Inc.'s (TSE:MCB) Subdued P/E Might Signal An Opportunity

Feb 03
McCoy Global Inc.'s (TSE:MCB) Subdued P/E Might Signal An Opportunity

Take Care Before Diving Into The Deep End On McCoy Global Inc. (TSE:MCB)

Mar 11
Take Care Before Diving Into The Deep End On McCoy Global Inc. (TSE:MCB)

McCoy Global (TSE:MCB) Is Experiencing Growth In Returns On Capital

Feb 02
McCoy Global (TSE:MCB) Is Experiencing Growth In Returns On Capital

Is McCoy Global (TSE:MCB) A Risky Investment?

Sep 19
Is McCoy Global (TSE:MCB) A Risky Investment?

Returns At McCoy Global (TSE:MCB) Are On The Way Up

Jul 28
Returns At McCoy Global (TSE:MCB) Are On The Way Up

We Think McCoy Global (TSE:MCB) Is Taking Some Risk With Its Debt

Jun 07
We Think McCoy Global (TSE:MCB) Is Taking Some Risk With Its Debt

Returns Are Gaining Momentum At McCoy Global (TSE:MCB)

Apr 08
Returns Are Gaining Momentum At McCoy Global (TSE:MCB)

Health Check: How Prudently Does McCoy Global (TSE:MCB) Use Debt?

Feb 12
Health Check: How Prudently Does McCoy Global (TSE:MCB) Use Debt?

Is McCoy Global (TSE:MCB) Using Too Much Debt?

Sep 25
Is McCoy Global (TSE:MCB) Using Too Much Debt?

Shareholders Will Probably Not Have Any Issues With McCoy Global Inc.'s (TSE:MCB) CEO Compensation

May 27
Shareholders Will Probably Not Have Any Issues With McCoy Global Inc.'s (TSE:MCB) CEO Compensation

How Well Is McCoy Global (TSE:MCB) Allocating Its Capital?

Feb 15
How Well Is McCoy Global (TSE:MCB) Allocating Its Capital?

Here's Why McCoy Global (TSE:MCB) Can Manage Its Debt Responsibly

Dec 21
Here's Why McCoy Global (TSE:MCB) Can Manage Its Debt Responsibly

Shareholder Returns

MCBCA Energy ServicesCA Market
7D-0.4%-4.5%-3.7%
1Y40.0%42.5%15.0%

Return vs Industry: MCB underperformed the Canadian Energy Services industry which returned 42.5% over the past year.

Return vs Market: MCB exceeded the Canadian Market which returned 15% over the past year.

Price Volatility

Is MCB's price volatile compared to industry and market?
MCB volatility
MCB Average Weekly Movement8.3%
Energy Services Industry Average Movement5.6%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MCB has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MCB's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1914132Jim Rakievichwww.mccoyglobal.com

McCoy Global Inc. provides equipment and technologies to support tubular running operations that enhance wellbore integrity and assist with collecting critical data for the energy industry. The company’s products are used during the well construction phase for land and offshore wells during oil and gas exploration and development. It designs, produces, and distributes capital equipment to support tubular running operations, enhance wellbore integrity, and increase safety; aftermarket products and services, such as technical support, consumables, and replacement parts; and data collection technologies used in rugged applications for the global energy industry, as well as in construction, marine, and aerospace.

McCoy Global Inc. Fundamentals Summary

How do McCoy Global's earnings and revenue compare to its market cap?
MCB fundamental statistics
Market capCA$76.10m
Earnings (TTM)CA$7.29m
Revenue (TTM)CA$71.99m

10.4x

P/E Ratio

1.1x

P/S Ratio

Is MCB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCB income statement (TTM)
RevenueCA$71.99m
Cost of RevenueCA$48.23m
Gross ProfitCA$23.77m
Other ExpensesCA$16.48m
EarningsCA$7.29m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.27
Gross Margin33.01%
Net Profit Margin10.13%
Debt/Equity Ratio0%

How did MCB perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

27%

Payout Ratio

Does MCB pay a reliable dividends?

See MCB dividend history and benchmarks
When do you need to buy MCB by to receive an upcoming dividend?
McCoy Global dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend10 days
Days until Dividend pay date25 days

Does MCB pay a reliable dividends?

See MCB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

McCoy Global Inc. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Anthony PetrucciCanaccord Genuity
Jesse PytlakCormark Securities Inc.