McRae Industries
Market Cap
US$46.4m
Last Updated
2020/10/25 23:38 UTC
Data Sources
Company Financials
Executive Summary
McRae Industries, Inc. manufactures and sells military combat boots for the United States Army. More Details
Snowflake Analysis
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has McRae Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MCRA.A has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.5%
MCRA.A
2.2%
US Luxury
0.4%
US Market
1 Year Return
-12.4%
MCRA.A
23.1%
US Luxury
17.8%
US Market
Return vs Industry: MCRA.A underperformed the US Luxury industry which returned 22.9% over the past year.
Return vs Market: MCRA.A underperformed the US Market which returned 18.3% over the past year.
Shareholder returns
| MCRA.A | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 2.2% | 0.4% |
| 30 Day | -2.7% | 7.1% | 6.1% |
| 90 Day | 13.5% | 27.0% | 8.9% |
| 1 Year | -10.2%-12.4% | 24.5%23.1% | 20.5%17.8% |
| 3 Year | -37.7%-42.5% | 81.3%72.9% | 42.3%32.9% |
| 5 Year | -22.0%-30.6% | 62.9%52.1% | 84.2%63.4% |
Price Volatility Vs. Market
How volatile is McRae Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Top Cheap Stocks This WeekValuation
Is McRae Industries undervalued compared to its fair value and its price relative to the market?
25.33x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MCRA.A ($20.14) is trading above our estimate of fair value ($7.58)
Significantly Below Fair Value: MCRA.A is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MCRA.A is good value based on its PE Ratio (25.3x) compared to the US Luxury industry average (33.6x).
PE vs Market: MCRA.A is poor value based on its PE Ratio (25.3x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCRA.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCRA.A is good value based on its PB Ratio (0.6x) compared to the US Luxury industry average (1.7x).
Next Steps
Future Growth
How is McRae Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
23.9%
Forecasted Consumer Durables 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 McRae Industries 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.
Next Steps
- Check out McRae Industries's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access McRae Industries's filings and announcementshere.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has McRae Industries performed over the past 5 years?
-28.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCRA.A has high quality earnings.
Growing Profit Margin: MCRA.A's current net profit margins (2.4%) are higher than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: MCRA.A's earnings have declined by 28% per year over the past 5 years.
Accelerating Growth: MCRA.A's earnings growth over the past year (25.6%) exceeds its 5-year average (-28% per year).
Earnings vs Industry: MCRA.A earnings growth over the past year (25.6%) exceeded the Luxury industry -47.1%.
Return on Equity
High ROE: MCRA.A's Return on Equity (2.6%) is considered low.
Next Steps
Financial Health
How is McRae Industries's financial position?
Financial Position Analysis
Short Term Liabilities: MCRA.A's short term assets ($57.5M) exceed its short term liabilities ($2.7M).
Long Term Liabilities: MCRA.A's short term assets ($57.5M) exceed its long term liabilities ($704.0K).
Debt to Equity History and Analysis
Debt Level: MCRA.A is debt free.
Reducing Debt: MCRA.A has not had any debt for past 5 years.
Debt Coverage: MCRA.A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MCRA.A has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is McRae Industries's current dividend yield, its reliability and sustainability?
2.58%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MCRA.A's dividend (2.58%) is higher than the bottom 25% of dividend payers in the US market (1.63%).
High Dividend: MCRA.A's dividend (2.58%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Stability and Growth of Payments
Stable Dividend: MCRA.A's dividends per share have been stable in the past 10 years.
Growing Dividend: MCRA.A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.4%), MCRA.A's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
35.8yrs
Average board tenure
CEO
D. McRae (69 yo)
no data
Tenure
US$261,988
Compensation
Mr. D. Gary McRae serves as the Chief Executive Officer of McRae Industries Inc. and has been its President since 1997. Mr. McRae has been Treasurer of McRae Industries Inc. since 1991. Mr. McRae serves a ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | US$261.99k | no data | |
| VP, Secretary & Director | 35.75yrs | US$163.31k | no data | |
| Director | 48.75yrs | US$227.73k | no data | |
| Director | no data | US$143.46k | no data | |
| Director | 35.75yrs | no data | no data | |
| Director | 23.75yrs | no data | no data | |
| Director | no data | no data | no data |
35.8yrs
Average Tenure
74.5yo
Average Age
Experienced Board: MCRA.A's board of directors are seasoned and experienced ( 35.8 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
McRae Industries, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: McRae Industries, Inc.
- Ticker: MCRA.A
- Exchange: OTCPK
- Founded: 1959
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: US$46.449m
- Shares outstanding: 2.31m
- Website: https://www.mcraeindustries.com
Location
- McRae Industries, Inc.
- 400 North Main Street
- PO Box 1239
- Mount Gilead
- North Carolina
- 27306
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MCRA.B | OTCPK (Pink Sheets LLC) | Class B Common Stock | US | USD | Jan 1975 | |
| MCRA.A | OTCPK (Pink Sheets LLC) | Yes | Class A Common Stock | US | USD | Sep 1983 |
Biography
McRae Industries, Inc. manufactures and sells military combat boots for the United States Army. The company also imports and sells western and work boots. It offers its products for men, women, and childre ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/25 23:38 |
| End of Day Share Price | 2020/10/21 00:00 |
| Earnings | 2020/05/02 |
| Annual Earnings | 2019/08/03 |
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.