Mobile Mini, Inc., together with its subsidiaries, provides portable storage and specialty containment solutions in the United States, the United Kingdom, and Canada.
Adequate balance sheet and fair value.
Share Price & News
How has Mobile Mini's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MINI's share price has been volatile over the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: MINI exceeded the US Commercial Services industry which returned -1.9% over the past year.
Return vs Market: MINI underperformed the US Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is Mobile Mini's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StMobile Mini, Inc. (NASDAQ:MINI) Looks Interesting, And It's About To Pay A Dividend
3 months ago | Simply Wall StKey Things To Consider Before Buying Mobile Mini, Inc. (NASDAQ:MINI) For Its Dividend
4 months ago | Simply Wall StResults: Mobile Mini, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Is Mobile Mini 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: MINI ($32.04) is trading below our estimate of fair value ($52.88)
Significantly Below Fair Value: MINI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MINI is good value based on its PE Ratio (19.1x) compared to the Commercial Services industry average (19.2x).
PE vs Market: MINI is poor value based on its PE Ratio (19.1x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: MINI is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: MINI is overvalued based on its PB Ratio (1.7x) compared to the US Commercial Services industry average (1.4x).
How is Mobile Mini forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MINI's forecast earnings growth (12.5% per year) is above the savings rate (2.2%).
Earnings vs Market: MINI's earnings (12.5% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: MINI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MINI's revenue (3.3% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: MINI's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MINI's Return on Equity is forecast to be high in 3 years time
How has Mobile Mini performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MINI has high quality earnings.
Growing Profit Margin: MINI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MINI's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: MINI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MINI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (5.8%).
Return on Equity
High ROE: MINI's Return on Equity (9%) is considered low.
How is Mobile Mini's financial position?
Financial Position Analysis
Short Term Liabilities: MINI's short term assets ($119.6M) exceed its short term liabilities ($115.0M).
Long Term Liabilities: MINI's short term assets ($119.6M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: MINI's debt to equity ratio (97.6%) is considered high.
Reducing Debt: MINI's debt to equity ratio has reduced from 113.2% to 97.6% over the past 5 years.
Debt Coverage: MINI's debt is well covered by operating cash flow (25.7%).
Interest Coverage: MINI's interest payments on its debt are well covered by EBIT (4.1x coverage).
What is Mobile Mini's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MINI's dividend (3.78%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: MINI's dividend (3.78%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MINI has been paying a dividend for less than 10 years.
Growing Dividend: MINI's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.9%), MINI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MINI's dividends in 3 years are forecast to be covered by earnings (60.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kelly Williams (48yo)
Mr. Kelly Williams has been Chief Executive Officer and Director of Mobile Mini, Inc. since October 1, 2019, President since October 2018 and was its Chief Operating Officer since June 2014 until October 2 ...
CEO Compensation Analysis
Compensation vs Market: Kelly's total compensation ($USD2.63M) is below average for companies of similar size in the US market ($USD4.78M).
Compensation vs Earnings: Kelly's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||2.83yrs||US$1.52m||0.095% $1.3m|
|Senior VP & General Counsel||11.5yrs||US$1.19m||0.097% $1.4m|
|Senior VP & Chief Human Resources Officer||2.5yrs||US$1.09m||0.058% $822.0k|
|Chief Information Officer||5.75yrs||no data||no data|
|no data||no data||no data|
|Senior Vice President of Global Sales and Marketing||5.17yrs||no data||no data|
|President of Tank & Pump Solutions||5.17yrs||no data||no data|
|Senior Vice President of Western Division||2.75yrs||no data||no data|
|Senior Vice President of Operations - Eastern Division||2.58yrs||no data||no data|
Experienced Management: MINI's management team is considered experienced (2.8 years average tenure).
|Independent Director||10.42yrs||US$182.02k||0.11% $1.6m|
|Independent Director||21.83yrs||US$167.02k||0.21% $3.0m|
|Lead Independent Director||0.67yr||US$241.00k||0.20% $2.8m|
|Independent Director||5.83yrs||US$167.02k||0.044% $615.2k|
|Non-Executive Chairman||0.67yr||US$3.49m||0.52% $7.3m|
|Independent Director||14.33yrs||US$167.02k||0.049% $682.5k|
|Independent Director||1.33yrs||US$160.52k||0.015% $205.0k|
|Independent Director||12yrs||US$167.02k||0.081% $1.1m|
|Independent Director||5.83yrs||US$176.02k||0.044% $615.2k|
Experienced Board: MINI's board of directors are considered experienced (5.8 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mobile Mini, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Mobile Mini, Inc.
- Ticker: MINI
- Exchange: NasdaqGS
- Founded: 1983
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: US$1.407b
- Shares outstanding: 43.92m
- Website: https://www.mobilemini.com
Number of Employees
- Mobile Mini, Inc.
- 4646 East Van Buren Street
- Suite 400
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MINI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 1994|
|MBE||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1994|
Mobile Mini, Inc., together with its subsidiaries, provides portable storage and specialty containment solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Storage Solutions North America, Storage Solutions United Kingdom, and Tank & Pump Solutions. The company offers various portable storage and office products, including steel storage containers and steel ground level offices to construction companies, retailers, medical centers, schools, utilities, distributors, military, hotels, restaurants, entertainment complexes, and households for various applications, such as storage of construction materials and equipment, retail and manufacturing inventory, documents and records, and other goods. It also provides a range of specialty containment equipment, such as steel tanks, stainless steel tank trailers, and pumps and filtration equipment, as well as roll-off, vacuum, and dewatering boxes. In addition, the company offers specialty containment services comprising transportation of containers for waste management; waste management oversight and services; system design services, including pumping assessment, filtration, and temporary storage; and field services to install and connect customer containment equipment. It primarily leases its specialty products for chemical, refinery, oil and natural gas drilling, mining, and environmental service customers. As of December 31, 2019, the company operated a rental fleet of approximately 200,200 storage solution containers and units; and 12,700 units of tank and pump solutions. Its network also consisted of 120 storage solutions locations, 20 tank and pump solutions locations and 16 combined locations. Mobile Mini, Inc. was founded in 1983 and is based in Phoenix, Arizona.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 02:13|
|End of Day Share Price||2020/05/29 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.