Montrose Environmental Group, Inc. operates as an environmental services company in the United States. More Details
Moderate growth potential with imperfect balance sheet.
Share Price & News
How has Montrose Environmental Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MEG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MEG's weekly volatility (9%) has been stable over the past year.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: Insufficient data to determine how MEG performed against the US Commercial Services industry.
Return vs Market: Insufficient data to determine how MEG performed against the US Market.
Long-Term Price Volatility Vs. Market
How volatile is Montrose Environmental Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StThe Independent Director of Montrose Environmental Group, Inc. (NYSE:MEG), John Presby, Just Sold 59% Of Their Holding
1 month ago | Simply Wall StIs Montrose Environmental Group, Inc.'s (NYSE:MEG) Shareholder Ownership Skewed Towards Insiders?
3 months ago | Simply Wall StMontrose Environmental Group, Inc. (NYSE:MEG): Are Analysts Optimistic?
Is Montrose Environmental Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MEG ($49.67) is trading above our estimate of fair value ($27.52)
Significantly Below Fair Value: MEG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MEG is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.
PE vs Market: MEG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MEG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MEG is overvalued based on its PB Ratio (9.9x) compared to the US Commercial Services industry average (2.4x).
How is Montrose Environmental Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MEG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: MEG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MEG's is expected to become profitable in the next 3 years.
Revenue vs Market: MEG's revenue (4.1% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: MEG's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MEG's Return on Equity is forecast to be low in 3 years time (6.6%).
How has Montrose Environmental Group performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MEG is currently unprofitable.
Growing Profit Margin: MEG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MEG's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare MEG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MEG is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (3.2%).
Return on Equity
High ROE: MEG has a negative Return on Equity (-10.08%), as it is currently unprofitable.
How is Montrose Environmental Group's financial position?
Financial Position Analysis
Short Term Liabilities: MEG's short term assets ($146.9M) exceed its short term liabilities ($131.6M).
Long Term Liabilities: MEG's short term assets ($146.9M) do not cover its long term liabilities ($213.0M).
Debt to Equity History and Analysis
Debt Level: MEG's debt to equity ratio (60.4%) is considered high.
Reducing Debt: Insufficient data to determine if MEG's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MEG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MEG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Montrose Environmental Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MEG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MEG'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 MEG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MEG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MEG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vijay Manthripragada (43 yo)
Mr. Vijay Manthripragada has been President at Montrose Environmental Group, Inc since joining in September 2015 and has been its Chief Executive Officer since February 2016. He has been Director at Montro...
CEO Compensation Analysis
Compensation vs Market: Vijay's total compensation ($USD4.73M) is about average for companies of similar size in the US market ($USD3.73M).
Compensation vs Earnings: Vijay's compensation has increased whilst the company is unprofitable.
Experienced Management: MEG's management team is considered experienced (4.4 years average tenure).
Experienced Board: MEG's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MEG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: MEG only recently listed within the past 12 months.
Montrose Environmental Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Montrose Environmental Group, Inc.
- Ticker: MEG
- Exchange: NYSE
- Founded: 2012
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: US$1.294b
- Shares outstanding: 26.06m
- Website: https://www.montrose-env.com
Number of Employees
- Montrose Environmental Group, Inc.
- 1 Park Plaza
- Suite 1000
- United States
Montrose Environmental Group, Inc. operates as an environmental services company in the United States. The company operates in three segments: Assessment, Permitting and Response; Measurement and Analysis;...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/20 22:34|
|End of Day Share Price||2021/06/18 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.