Mullen Group Ltd. provides trucking and logistics services in Canada and the United States. More Details
Adequate balance sheet and fair value.
Share Price & News
How has Mullen Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MTL is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MTL's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MTL underperformed the Canadian Transportation industry which returned 24.5% over the past year.
Return vs Market: MTL exceeded the Canadian Market which returned 0.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Mullen Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Mullen Group (TSE:MTL) Shrinking?
1 month ago | Simply Wall StResults: Mullen Group Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
1 month ago | Simply Wall StIs Mullen Group Ltd. (TSE:MTL) Popular Amongst Insiders?
Is Mullen Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MTL (CA$9.9) is trading below our estimate of fair value (CA$10.67)
Significantly Below Fair Value: MTL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MTL is good value based on its PE Ratio (16.3x) compared to the CA Transportation industry average (20.2x).
PE vs Market: MTL is poor value based on its PE Ratio (16.3x) compared to the Canadian market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: MTL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MTL is good value based on its PB Ratio (1.1x) compared to the CA Transportation industry average (2.7x).
How is Mullen Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTL's earnings are forecast to decline over the next 3 years (-3.3% per year).
Earnings vs Market: MTL's earnings are forecast to decline over the next 3 years (-3.3% per year).
High Growth Earnings: MTL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MTL's revenue (5.7% per year) is forecast to grow slower than the Canadian market (6.2% per year).
High Growth Revenue: MTL's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTL's Return on Equity is forecast to be low in 3 years time (7.2%).
How has Mullen Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTL has high quality earnings.
Growing Profit Margin: MTL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MTL's earnings have declined by 3.3% per year over the past 5 years.
Accelerating Growth: MTL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MTL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Transportation industry (-5%).
Return on Equity
High ROE: MTL's Return on Equity (7%) is considered low.
How is Mullen Group's financial position?
Financial Position Analysis
Short Term Liabilities: MTL's short term assets (CA$356.5M) exceed its short term liabilities (CA$121.5M).
Long Term Liabilities: MTL's short term assets (CA$356.5M) do not cover its long term liabilities (CA$730.5M).
Debt to Equity History and Analysis
Debt Level: MTL's debt to equity ratio (65.5%) is considered high.
Reducing Debt: MTL's debt to equity ratio has reduced from 92.1% to 65.5% over the past 5 years.
Debt Coverage: MTL's debt is well covered by operating cash flow (38.7%).
Interest Coverage: MTL's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is Mullen Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MTL's dividend (3.64%) is higher than the bottom 25% of dividend payers in the Canadian market (1.62%).
High Dividend: MTL's dividend (3.64%) is low compared to the top 25% of dividend payers in the Canadian market (5.26%).
Stability and Growth of Payments
Stable Dividend: MTL's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.3%), MTL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MTL's dividends in 3 years are forecast to be covered by earnings (70.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Murray Mullen (64 yo)
Mr. Murray K. Mullen serves as the President of Mullen Trucking Corp. Mr. Mullen has been the Chief Executive Officer and President of Mullen Group Ltd. (Formerly, Mullen Group Income Fund, Mullen Transpor...
|Chairman||no data||CA$570.00k||4.99% |
|Non Independent Director||10.83yrs||CA$56.60k||0.0064% |
|Independent Director||15.83yrs||CA$77.60k||0.41% |
|Independent Director||3.5yrs||CA$70.60k||0.019% |
|Independent Director||6.08yrs||CA$83.40k||0.039% |
|Lead Independent Director||1.5yrs||CA$74.50k||0.017% |
Experienced Board: MTL's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MTL 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.
Mullen Group Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Mullen Group Ltd.
- Ticker: MTL
- Exchange: TSX
- Founded: 1949
- Industry: Trucking
- Sector: Transportation
- Market Cap: CA$959.416m
- Shares outstanding: 96.91m
- Website: https://www.mullen-group.com
Number of Employees
- Mullen Group Ltd.
- Chimney Rock Centre
- 121A, 31 Southridge Drive
- T1S 2N3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MTL||TSX (The Toronto Stock Exchange)||Yes||New Common Shares||CA||CAD||Dec 1993|
|9MU||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Dec 1993|
|MLLG.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Dec 1993|
Mullen Group Ltd. provides trucking and logistics services in Canada and the United States. The company operates through three segments: Less-Than-Truckload, Logistics & Warehousing, and Specialized & Indu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/30 00:51|
|End of Day Share Price||2020/11/27 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.