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Mobile Mini

Nasdaq:MINI
Snowflake Description

Moderate growth potential unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MINI
Nasdaq
$2B
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Mobile Mini, Inc. provides portable storage and specialty containment solutions. The last earnings update was 72 days ago. More info.


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MINI Share Price and Events
7 Day Returns
0%
NasdaqGS:MINI
2%
US Commercial Services
0.8%
US Market
1 Year Returns
-25.4%
NasdaqGS:MINI
10.1%
US Commercial Services
5.9%
US Market
MINI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mobile Mini (MINI) 0% -4.1% -7.2% -25.4% 0.6% -20%
US Commercial Services 2% 4.3% 10.7% 10.1% 52.9% 78.4%
US Market 0.8% 2.6% 10.6% 5.9% 37.7% 45.5%
1 Year Return vs Industry and Market
  • MINI underperformed the Commercial Services industry which returned 10.1% over the past year.
  • MINI underperformed the Market in United States of America which returned 5.9% over the past year.
Price Volatility
MINI
Industry
5yr Volatility vs Market

MINI Value

 Is Mobile Mini undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mobile Mini to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mobile Mini.

NasdaqGS:MINI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:MINI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.734 (1 + (1- 21%) (59.23%))
1.052
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.052 * 5.96%)
9%

Discounted Cash Flow Calculation for NasdaqGS:MINI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mobile Mini is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:MINI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9%)
2019 97.16 Analyst x3 89.13
2020 115.90 Analyst x3 97.55
2021 122.00 Analyst x1 94.21
2022 127.38 Est @ 4.41% 90.24
2023 132.36 Est @ 3.91% 86.02
2024 137.06 Est @ 3.55% 81.72
2025 141.59 Est @ 3.31% 77.46
2026 146.03 Est @ 3.13% 73.29
2027 150.43 Est @ 3.01% 69.26
2028 154.84 Est @ 2.93% 65.40
Present value of next 10 years cash flows $824.28
NasdaqGS:MINI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $154.84 × (1 + 2.73%) ÷ (9% – 2.73%)
$2,536.72
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,536.72 ÷ (1 + 9%)10
$1,071.50
NasdaqGS:MINI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $824.28 + $1,071.50
$1,895.78
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,895.78 / 44.87
$42.25
NasdaqGS:MINI Discount to Share Price
Calculation Result
Value per share (USD) From above. $42.25
Current discount Discount to share price of $33.99
= -1 x ($33.99 - $42.25) / $42.25
19.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Mobile Mini is available for.
Intrinsic value
20%
Share price is $33.99 vs Future cash flow value of $42.25
Current Discount Checks
For Mobile Mini to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mobile Mini's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Mobile Mini's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mobile Mini's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mobile Mini's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:MINI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.18
NasdaqGS:MINI Share Price ** NasdaqGS (2019-04-18) in USD $33.99
United States of America Commercial Services Industry PE Ratio Median Figure of 51 Publicly-Listed Commercial Services Companies 21.31x
United States of America Market PE Ratio Median Figure of 3,078 Publicly-Listed Companies 18.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mobile Mini.

NasdaqGS:MINI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:MINI Share Price ÷ EPS (both in USD)

= 33.99 ÷ -0.18

-186.75x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mobile Mini is loss making, we can't compare its value to the US Commercial Services industry average.
  • Mobile Mini is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Mobile Mini's expected growth come at a high price?
Raw Data
NasdaqGS:MINI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -186.75x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
54.4%per year
United States of America Commercial Services Industry PEG Ratio Median Figure of 34 Publicly-Listed Commercial Services Companies 1.74x
United States of America Market PEG Ratio Median Figure of 2,108 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mobile Mini, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mobile Mini's assets?
Raw Data
NasdaqGS:MINI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $18.26
NasdaqGS:MINI Share Price * NasdaqGS (2019-04-18) in USD $33.99
United States of America Commercial Services Industry PB Ratio Median Figure of 87 Publicly-Listed Commercial Services Companies 2.17x
United States of America Market PB Ratio Median Figure of 5,172 Publicly-Listed Companies 1.93x
NasdaqGS:MINI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:MINI Share Price ÷ Book Value per Share (both in USD)

= 33.99 ÷ 18.26

1.86x

* Primary Listing of Mobile Mini.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mobile Mini is good value based on assets compared to the US Commercial Services industry average.
X
Value checks
We assess Mobile Mini's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Mobile Mini has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MINI Future Performance

 How is Mobile Mini expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
54.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mobile Mini expected to grow at an attractive rate?
  • Mobile Mini's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Mobile Mini's earnings growth is expected to exceed the United States of America market average.
  • Mobile Mini's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:MINI Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:MINI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 54.4%
NasdaqGS:MINI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 4.6%
United States of America Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:MINI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:MINI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 706 1
2021-12-31 696 192 108 1
2020-12-31 654 170 93 5
2019-12-31 625 155 84 5
NasdaqGS:MINI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 593 160 -8
2018-09-30 579 156 70
2018-06-30 566 142 133
2018-03-31 551 138 127
2017-12-31 534 136 122
2017-09-30 517 136 50
2017-06-30 509 135 51
2017-03-31 508 134 46
2016-12-31 509 136 47
2016-09-30 513 135 37
2016-06-30 517 147 39
2016-03-31 523 150 44

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mobile Mini's earnings are expected to grow significantly at over 20% yearly.
  • Mobile Mini's revenue is expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:MINI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Mobile Mini Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:MINI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 2.39 2.39 2.39 1.00
2020-12-31 2.10 2.27 1.90 5.00
2019-12-31 1.86 1.98 1.78 5.00
NasdaqGS:MINI Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.18
2018-09-30 1.58
2018-06-30 3.01
2018-03-31 2.88
2017-12-31 2.77
2017-09-30 1.13
2017-06-30 1.16
2017-03-31 1.05
2016-12-31 1.07
2016-09-30 0.84
2016-06-30 0.87
2016-03-31 0.98

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Mobile Mini is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Mobile Mini's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mobile Mini has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MINI Past Performance

  How has Mobile Mini performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mobile Mini's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mobile Mini does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Mobile Mini's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mobile Mini's 1-year growth to the US Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Mobile Mini's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mobile Mini Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:MINI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 593.23 -8.06
2018-09-30 579.06 69.76
2018-06-30 565.99 133.15
2018-03-31 550.68 126.93
2017-12-31 533.55 122.23
2017-09-30 517.24 49.63
2017-06-30 509.46 51.11
2017-03-31 507.62 46.40
2016-12-31 508.62 47.25
2016-09-30 512.75 37.28
2016-06-30 517.24 38.55
2016-03-31 522.68 43.90
2015-12-31 530.78 5.57
2015-09-30 519.48 8.93
2015-06-30 499.45 9.77
2015-03-31 475.70 9.62
2014-12-31 445.47 44.39
2014-09-30 429.06 44.62
2014-06-30 420.78 44.13
2014-03-31 411.38 20.55
2013-12-31 406.49 25.22
2013-09-30 398.61 23.64 12.30
2013-06-30 392.57 19.70 12.30
2013-03-31 388.66 41.33 12.30
2012-12-31 379.90 34.42
2012-09-30 373.76 31.70 9.50
2012-06-30 369.90 31.03 9.50

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Mobile Mini has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Mobile Mini used its assets less efficiently than the US Commercial Services industry average last year based on Return on Assets.
  • It is difficult to establish if Mobile Mini improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Mobile Mini's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mobile Mini has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MINI Health

 How is Mobile Mini's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mobile Mini's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mobile Mini is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mobile Mini's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Mobile Mini's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mobile Mini Company Filings, last reported 3 months ago.

NasdaqGS:MINI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 810.27 903.34 5.61
2018-09-30 809.69 918.41 4.94
2018-06-30 872.47 918.96 4.03
2018-03-31 877.34 921.55 7.76
2017-12-31 861.69 932.93 13.45
2017-09-30 775.52 938.36 12.61
2017-06-30 762.05 932.48 9.27
2017-03-31 752.08 935.02 7.61
2016-12-31 735.61 937.08 4.14
2016-09-30 740.14 949.23 9.52
2016-06-30 740.50 941.55 5.34
2016-03-31 759.10 912.84 0.63
2015-12-31 765.53 903.54 1.61
2015-09-30 773.39 903.02 15.01
2015-06-30 795.03 860.28 15.79
2015-03-31 794.87 927.65 10.55
2014-12-31 854.53 930.44 12.33
2014-09-30 855.54 526.31 8.72
2014-06-30 880.31 515.43 8.59
2014-03-31 869.85 513.40 7.96
2013-12-31 855.54 528.10 7.37
2013-09-30 838.37 560.50 8.91
2013-06-30 806.33 589.76 7.83
2013-03-31 814.05 612.48 8.96
2012-12-31 809.52 643.34 8.53
2012-09-30 800.32 670.03 7.39
2012-06-30 779.97 684.42 10.41
  • Mobile Mini's level of debt (111.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (61.7% vs 111.5% today).
  • Debt is not well covered by operating cash flow (17.7%, less than 20% of total debt).
  • Mobile Mini is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Mobile Mini's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mobile Mini has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MINI Dividends

 What is Mobile Mini's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.24%
Current annual income from Mobile Mini dividends. Estimated to be 3.54% next year.
If you bought $2,000 of Mobile Mini shares you are expected to receive $65 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Mobile Mini's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • Mobile Mini's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:MINI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 1.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:MINI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 1.47 1.00
2021-12-31 1.33 1.00
2020-12-31 1.21 3.00
2019-12-31 1.10 4.00
NasdaqGS:MINI Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-05 1.100 3.118
2019-02-01 1.100 3.059
2018-07-26 1.000 2.552
2018-04-20 1.000 2.176
2018-02-05 1.000 2.311
2018-02-02 1.000 2.352
2017-10-20 0.908 2.603
2017-07-21 0.908 2.869
2017-04-27 0.908 3.146
2017-02-02 0.908 2.928
2016-10-25 0.824 2.798
2016-04-28 0.824 2.600
2016-02-05 0.824 2.712
2015-10-22 0.748 2.418
2015-04-30 0.748 2.053
2015-02-27 0.748 1.777
2015-02-12 0.748 1.791
2014-07-30 0.680 1.732
2013-11-08 0.680 1.605

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Mobile Mini has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Mobile Mini only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Mobile Mini's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Mobile Mini's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mobile Mini afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mobile Mini has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MINI Management

 What is the CEO of Mobile Mini's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Erik Olsson
COMPENSATION $4,807,194
AGE 56
TENURE AS CEO 6.1 years
CEO Bio

Mr. Erik Olsson, B.Sc., has been the Chief Executive Officer of Mobile Mini, Inc. since March 18, 2013 and was its President until October 2018. Mr. Olsson served as Chief Executive Officer and President of RSC Holdings III, LLC since August 04, 2006. Mr. Olsson served as the President of Rental Service Business Area at RSC. Mr. Olsson joined RSC Equipment Rental Inc. in 2001 as its Chief Financial Officer. Mr. Olsson served as the Chief Executive Officer and President of Rental Service Corporation (RSC Equipment Rental Inc.) and RSC Holdings Inc. from August 4, 2006 to April 2012 and certain of its subsidiaries from 2006 to 2013. He served as the Chief Financial Officer and Chief Operating Officer of RSC Holdings, Inc. Mr. Olsson served as an Executive Vice President and Chief Operating Officer of RSC Equipment Rental, Inc. since 2005 and oversaw the efforts to fulfill the equipment rental needs of the more than 200,000 RSC customers in North America. Mr. Olsson served for Atlas Copco Group for more than 17 years. Mr. Olsson began his career at Atlas Copco Group, where he held several senior financial management positions in Sweden, Brazil and the United States. Mr. Olsson joined Atlas Copco AB in 1988 as a Controller. Mr. Olsson served as a Financial Manager of Atlas Copco's CMT Brazil division in Sao Paulo before returning to Sweden in the position of Vice President of finance for Secoroc, another Atlas Copco division. Mr. Olsson served as the Chief Financial Officer of Milwaukee Electric Tool Corporation from 1998 to 2000. During the 13 years prior to 2001, Mr. Olsson held a number of senior financial management positions in various global businesses at Atlas Copco Group in Sweden, Brazil and the United States. He has 20 years of experience in the equipment manufacturing, sales and rental industry, including experience serving in various senior financial management positions, as well as his ability to provide the Mobile Mini with a global business perspective. He has been an Independent Director of Dometic Group AB (publ) since August 27, 2015. He has been a Director of Mobile Mini, Inc. since March 18, 2013 and Ritchie Bros. Auctioneers, Inc. since June 1, 2013. He served as a Director of RSC Equipment Rental, Inc. since 2006. Mr. Olsson also serves on the board of directors of St. Mary’s Foodbank Alliance. He served as a Director of RSC Holdings III, LLC since 2006. He served as a Director of RSC Holdings Inc. from 2006 to April 2012 and Rental Service Corporation. Mr. Olsson earned a B.Sc. in Business Administration and Economics from the University of Gothenburg in 1988.

CEO Compensation
  • Erik's compensation has increased whilst company is loss making.
  • Erik's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Mobile Mini management team in years:

4
Average Tenure
56
Average Age
  • The tenure for the Mobile Mini management team is about average.
Management Team

Erik Olsson

TITLE
CEO & Director
COMPENSATION
$5M
AGE
56
TENURE
6.1 yrs

Kelly Williams

TITLE
President & COO
COMPENSATION
$2M
AGE
47
TENURE
0.4 yrs

Van Welch

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
63
TENURE
1.7 yrs

Chris Miner

TITLE
Senior VP
COMPENSATION
$1M
AGE
47
TENURE
10.3 yrs

Mark Krivoruchka

TITLE
Senior VP & Chief Human Resources Officer
COMPENSATION
$1M
AGE
63
TENURE
1.3 yrs

Chad Ainsworth

TITLE
VP & Chief Accounting Officer
COMPENSATION
$520K
AGE
35
TENURE
2.7 yrs

Graeme Parkes

TITLE
Chief Information Officer
TENURE
4.6 yrs

Linda Latman

TITLE

Chris Anderson

TITLE
Senior Vice President of Sales and Marketing
TENURE
4 yrs

Ron Halchishak

TITLE
Senior Vice President of Special Projects
COMPENSATION
$740K
AGE
71
TENURE
10.8 yrs
Board of Directors Tenure

Average tenure and age of the Mobile Mini board of directors in years:

7.8
Average Tenure
59.5
Average Age
  • The tenure for the Mobile Mini board of directors is about average.
Board of Directors

Mike Watts

TITLE
Chairman of the Board
COMPENSATION
$241K
AGE
70
TENURE
6.3 yrs

Erik Olsson

TITLE
CEO & Director
COMPENSATION
$5M
AGE
56
TENURE
6.1 yrs

Larry Trachtenberg

TITLE
Director
COMPENSATION
$176K
AGE
62
TENURE
23.3 yrs

Rick McNamee

TITLE
Independent Director
COMPENSATION
$167K
AGE
61
TENURE
10.8 yrs

Jim Martell

TITLE
Director
COMPENSATION
$182K
AGE
64
TENURE
9.3 yrs

Sara Dial

TITLE
Director
COMPENSATION
$176K
AGE
54
TENURE
4.7 yrs

Stephen McConnell

TITLE
Director
COMPENSATION
$167K
AGE
66
TENURE
20.7 yrs

Jeff Goble

TITLE
Director
COMPENSATION
$167K
AGE
58
TENURE
13.2 yrs

Kim McWaters

TITLE
Director
COMPENSATION
$167K
AGE
54
TENURE
4.7 yrs

Mike Upchurch

TITLE
Independent Director
AGE
57
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
18. Dec 18 Buy Stephen McConnell Individual 18. Dec 18 18. Dec 18 2,000 $31.85 $63,700
22. May 18 Sell Lawrence Trachtenberg Individual 22. May 18 22. May 18 -10,000 $47.18 $-471,800
21. May 18 Sell Stephen McConnell Individual 21. May 18 21. May 18 -20,000 $47.03 $-937,425
25. Apr 18 Sell Frederick McNamee Individual 23. Apr 18 23. Apr 18 -8,000 $44.16 $-353,288
X
Management checks
We assess Mobile Mini's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mobile Mini has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MINI News

Simply Wall St News

How Does Investing In Mobile Mini, Inc. (NASDAQ:MINI) Impact The Volatility Of Your Portfolio?

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Does Mobile Mini, Inc.'s (NASDAQ:MINI) CEO Pay Compare Well With Peers?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Erik Olsson's Compensation Compare With Similar Sized Companies. … has a market capitalization of US$1.5b, and pays its CEO total annual compensation worth US$4.8m.

Simply Wall St -

Is It Time To Consider Buying Mobile Mini, Inc. (NASDAQ:MINI)?

led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. … With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Today I will analyse the most recent data on Mobile Mini’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

Did You Miss Mobile Mini's 30% Share Price Gain?

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … During three years of share price growth, Mobile Mini achieved compound earnings per share growth of 31% per year. … This EPS growth is higher than the 9.0% average annual increase in the share price.

Simply Wall St -

Is Mobile Mini, Inc. (NASDAQ:MINI) A Great Dividend Stock?

Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued at $60)! … Let's dig deeper into whether Mobile Mini should have a place in your portfolio. … See our latest analysis for Mobile Mini

Simply Wall St -

Should We Worry About Mobile Mini, Inc.'s (NASDAQ:MINI) P/E Ratio?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … We'll look at Mobile Mini, Inc.'s (NASDAQ:MINI) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Does Mobile Mini, Inc. (NASDAQ:MINI) Have A High Beta?

(NASDAQ:MINI), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Should You Be Concerned About Mobile Mini, Inc.'s (NASDAQ:MINI) ROE?

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Mobile Mini, Inc. … That means that for every $1 worth of shareholders' equity, it generated $0.086 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What does Mobile Mini, Inc.'s (NASDAQ:MINI) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like Mobile Mini, Inc. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

Are Mobile Mini Inc (NASDAQ:MINI) Shareholders Getting A Good Deal?

Mobile Mini Inc (NASDAQ:MINI) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into the business. … Free cash flow (FCF) is the amount of cash Mobile Mini has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations. … The two ways to assess whether Mobile Mini’s FCF is sufficient, is to compare the FCF yield to the market index yield, as well as determine whether the top-line operating cash flows will continue to grow

Simply Wall St -

MINI Company Info

Description

Mobile Mini, Inc. provides portable storage and specialty containment solutions. 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 serving construction companies, large and small retailers, medical centers, schools, utilities, distributors, the military, hotels, restaurants, entertainment complexes, and households for application in the 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 service; system design that includes assessment of pumping, filtration, and temporary storage needs; 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 February 1, 2018, the company operated a rental fleet of approximately 195,600 storage solution containers and office units; and 12,600 units of tank and pump solutions in the United States. Its network also consisted of 154 locations in the United States, the United Kingdom, and Canada. The company was founded in 1983 and is headquartered in Phoenix, Arizona.

Details
Name: Mobile Mini, Inc.
MINI
Exchange: NasdaqGS
Founded: 1983
$1,525,079,295
44,868,470
Website: http://www.mobilemini.com
Address: Mobile Mini, Inc.
4646 East Van Buren Street,
Suite 400,
Phoenix,
Arizona, 85008,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS MINI Common Stock Nasdaq Global Select US USD 17. Feb 1994
DB MBE Common Stock Deutsche Boerse AG DE EUR 17. Feb 1994
Number of employees
Current staff
Staff numbers
2,049
Mobile Mini employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 23:38
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/05
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.