MCR Stock Overview
Macro Enterprises Inc. provides pipeline and facilities construction and maintenance services to the oil and gas industry in western Canada.
Macro Enterprises Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$4.00|
|52 Week High||CA$4.00|
|52 Week Low||CA$2.29|
|1 Month Change||0%|
|3 Month Change||2.04%|
|1 Year Change||68.07%|
|3 Year Change||-2.44%|
|5 Year Change||95.12%|
|Change since IPO||150.00%|
Recent News & Updates
|MCR||CA Energy Services||CA Market|
Return vs Industry: MCR exceeded the Canadian Energy Services industry which returned 46.4% over the past year.
Return vs Market: MCR exceeded the Canadian Market which returned 4.9% over the past year.
|MCR Average Weekly Movement||0.7%|
|Energy Services Industry Average Movement||8.4%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||16.9%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: MCR is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: MCR's weekly volatility has decreased from 6% to 1% over the past year.
About the Company
Macro Enterprises Inc. provides pipeline and facilities construction and maintenance services to the oil and gas industry in western Canada. It offers construction, alteration, repair, and installation of pipeline and facility pressure piping, and structural steel facilities. The company was founded in 1994 and is headquartered in Fort Saint John, Canada.
Macro Enterprises Fundamentals Summary
|MCR fundamental statistics|
Is MCR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCR income statement (TTM)|
|Cost of Revenue||CA$299.23m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.099|
|Net Profit Margin||-0.90%|
How did MCR perform over the long term?See historical performance and comparison
Is Macro Enterprises undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MCR (CA$4) is trading below our estimate of fair value (CA$5.67)
Significantly Below Fair Value: MCR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MCR is unprofitable, so we can't compare its PE Ratio to the Canadian Energy Services industry average.
PE vs Market: MCR is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCR's PB Ratio (1.1x) is in line with the CA Energy Services industry average.
How is Macro Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Macro Enterprises has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Macro Enterprises performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCR is currently unprofitable.
Growing Profit Margin: MCR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCR is unprofitable, but has reduced losses over the past 5 years at a rate of 22.5% per year.
Accelerating Growth: Unable to compare MCR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCR is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-8%).
Return on Equity
High ROE: MCR has a negative Return on Equity (-2.63%), as it is currently unprofitable.
How is Macro Enterprises's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MCR's short term assets (CA$132.2M) exceed its short term liabilities (CA$81.9M).
Long Term Liabilities: MCR's short term assets (CA$132.2M) exceed its long term liabilities (CA$33.5M).
Debt to Equity History and Analysis
Debt Level: MCR has more cash than its total debt.
Reducing Debt: MCR's debt to equity ratio has increased from 6.2% to 18.7% over the past 5 years.
Debt Coverage: MCR's debt is well covered by operating cash flow (138.3%).
Interest Coverage: MCR's interest payments on its debt are well covered by EBIT (8.1x coverage).
What is Macro Enterprises's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MCR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCR's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MCR has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Frank Dorsey Miles has been Chief Executive Officer of Macro Enterprises Inc. (also known as Macro Industries Inc.) since September 30, 2008 and also served as its President. Mr. Miles serves as Chief...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD1.26M) is above average for companies of similar size in the Canadian market ($USD168.65K).
Compensation vs Earnings: Frank's compensation has increased whilst the company is unprofitable.
Experienced Management: MCR's management team is seasoned and experienced (15.3 years average tenure).
Experienced Board: MCR's board of directors are seasoned and experienced ( 16.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Macro Enterprises Inc.'s employee growth, exchange listings and data sources
- Name: Macro Enterprises Inc.
- Ticker: MCR
- Exchange: TSXV
- Founded: 1994
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: CA$127.231m
- Shares outstanding: 31.81m
- Website: https://www.macroindustries.ca
Number of Employees
- Macro Enterprises Inc.
- PO Box 6781
- Fort Saint John
- British Columbia
- V1J 4J2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/04/22 00:00|
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.