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MCW

Mister Car Wash NYSE:MCW Stock Report

Last Price

US$11.37

Market Cap

US$3.4b

7D

4.0%

1Y

-49.2%

Updated

27 Jun, 2022

Data

Company Financials +
MCW fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health1/6
Dividends0/6

MCW Stock Overview

Mister Car Wash, Inc., together with its subsidiaries, provides conveyorized car wash services in the United States.

Mister Car Wash Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mister Car Wash
Historical stock prices
Current Share PriceUS$11.37
52 Week HighUS$24.49
52 Week LowUS$10.35
Beta0
1 Month Change-6.03%
3 Month Change-27.44%
1 Year Change-49.24%
3 Year Changen/a
5 Year Changen/a
Change since IPO-43.99%

Recent News & Updates

Apr 08
Mister Car Wash, Inc.'s (NYSE:MCW) Intrinsic Value Is Potentially 68% Above Its Share Price

Mister Car Wash, Inc.'s (NYSE:MCW) Intrinsic Value Is Potentially 68% Above Its Share Price

Does the April share price for Mister Car Wash, Inc. ( NYSE:MCW ) reflect what it's really worth? Today, we will...

Shareholder Returns

MCWUS Consumer ServicesUS Market
7D4.0%4.1%6.6%
1Y-49.2%-48.8%-18.4%

Return vs Industry: MCW matched the US Consumer Services industry which returned -48.8% over the past year.

Return vs Market: MCW underperformed the US Market which returned -18.4% over the past year.

Price Volatility

Is MCW's price volatile compared to industry and market?
MCW volatility
MCW Average Weekly Movement6.6%
Consumer Services Industry Average Movement9.5%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: MCW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MCW's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19696,750John Laihttps://mistercarwash.com

Mister Car Wash, Inc., together with its subsidiaries, provides conveyorized car wash services in the United States. It offers express exterior and interior cleaning services. As of June 16, 2022, it operated 407 car wash locations in 21 states.

Mister Car Wash Fundamentals Summary

How do Mister Car Wash's earnings and revenue compare to its market cap?
MCW fundamental statistics
Market CapUS$3.44b
Earnings (TTM)-US$11.14m
Revenue (TTM)US$802.27m

4.3x

P/S Ratio

-308.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCW income statement (TTM)
RevenueUS$802.27m
Cost of RevenueUS$555.66m
Gross ProfitUS$246.61m
Other ExpensesUS$257.75m
Earnings-US$11.14m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.037
Gross Margin30.74%
Net Profit Margin-1.39%
Debt/Equity Ratio127.6%

How did MCW perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MCW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MCW?

Other financial metrics that can be useful for relative valuation.

MCW key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue6.3x
Enterprise Value/EBITDA149.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does MCW's PS Ratio compare to its peers?

MCW PS Ratio vs Peers
The above table shows the PS ratio for MCW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.7x
TMX Terminix Global Holdings
2.5x5.1%US$5.1b
HRB H&R Block
2.2x5.5%US$5.6b
ADT ADT
1.1x9.1%US$5.8b
FTDR Frontdoor
1.1x7.0%US$1.8b
MCW Mister Car Wash
4.3x9.6%US$3.7b

Price-To-Sales vs Peers: MCW is expensive based on its Price-To-Sales Ratio (4.3x) compared to the peer average (1.7x).


Price to Earnings Ratio vs Industry

How does MCW's PE Ratio compare vs other companies in the US Consumer Services Industry?

Price-To-Sales vs Industry: MCW is expensive based on its Price-To-Sales Ratio (4.3x) compared to the US Consumer Services industry average (1.6x)


Price to Sales Ratio vs Fair Ratio

What is MCW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MCW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.3x
Fair PS Ratio2.1x

Price-To-Sales vs Fair Ratio: MCW is expensive based on its Price-To-Sales Ratio (4.3x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).


Share Price vs Fair Value

What is the Fair Price of MCW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MCW ($11.37) is trading above our estimate of fair value ($10.54)

Significantly Below Fair Value: MCW is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MCW's PEG Ratio to determine if it is good value.


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Future Growth

How is Mister Car Wash forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.6%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MCW's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if MCW's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if MCW's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MCW's revenue (9.6% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: MCW's revenue (9.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MCW's Return on Equity is forecast to be low in 3 years time (18.4%).


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Past Performance

How has Mister Car Wash performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-114.6%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: MCW is currently unprofitable.

Growing Profit Margin: MCW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MCW's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare MCW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MCW is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (-10.4%).


Return on Equity

High ROE: MCW has a negative Return on Equity (-1.59%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Mister Car Wash's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MCW's short term assets ($101.2M) do not cover its short term liabilities ($141.7M).

Long Term Liabilities: MCW's short term assets ($101.2M) do not cover its long term liabilities ($1.7B).


Debt to Equity History and Analysis

Debt Level: MCW's net debt to equity ratio (117.1%) is considered high.

Reducing Debt: Insufficient data to determine if MCW's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MCW's debt is well covered by operating cash flow (22.7%).

Interest Coverage: Insufficient data to determine if MCW's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Mister Car Wash current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MCW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MCW'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 MCW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCW's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MCW has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.6yrs

Average management tenure


CEO

John Lai (57 yo)

9yrs

Tenure

US$14,746,711

Compensation

Mr. John Lai is President, Chief Executive Officer and Director at Mister Car Wash, Inc. since June 2013 and serves as its Chairperson. He serves as the President and Chief Executive Officer at Car Wash Pa...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD14.75M) is above average for companies of similar size in the US market ($USD6.87M).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: MCW's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: MCW's board of directors are considered experienced (4.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.


Top Shareholders

Company Information

Mister Car Wash, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mister Car Wash, Inc.
  • Ticker: MCW
  • Exchange: NYSE
  • Founded: 1969
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Implied Market Cap: US$3.437b
  • Shares outstanding: 302.27m
  • Website: https://mistercarwash.com

Number of Employees


Location

  • Mister Car Wash, Inc.
  • 222 East 5th Street
  • Tucson
  • Arizona
  • 85705
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.