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MNRO

MonroNasdaqGS:MNRO Stock Report

Last Price

US$55.77

Market Cap

US$1.9b

7D

-1.2%

1Y

-5.5%

Updated

19 Jan, 2022

Data

Company Financials +
MNRO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends5/6

MNRO Stock Overview

Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States.

Monro Competitors

O'Reilly Automotive

NasdaqGS:ORLY

US$44.4b

Advance Auto Parts

NYSE:AAP

US$14.5b

Lithia Motors

NYSE:LAD

US$9.3b

Group 1 Automotive

NYSE:GPI

US$3.1b

Price History & Performance

Summary of all time highs, changes and price drops for Monro
Historical stock prices
Current Share PriceUS$55.77
52 Week HighUS$72.67
52 Week LowUS$53.37
Beta1.1
1 Month Change0.87%
3 Month Change-6.29%
1 Year Change-5.54%
3 Year Change-22.97%
5 Year Change-6.74%
Change since IPO1,355.92%

Recent News & Updates

Jan 12
Here's What's Concerning About Monro's (NASDAQ:MNRO) Returns On Capital

Here's What's Concerning About Monro's (NASDAQ:MNRO) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...

Dec 27
Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 32% Undervaluation?

Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 32% Undervaluation?

In this article we are going to estimate the intrinsic value of Monro, Inc. ( NASDAQ:MNRO ) by estimating the company's...

Nov 29

Monro Is Even More Attractive Now

Monro has not fared well in recent months, with investor pessimism pushing the firm's share price down. This is despite some strong performance management reported recently that indicates the future for the business is bright. Shares are lofty relative to the competition, but they are still attractive on an absolute basis.

Shareholder Returns

MNROUS Specialty RetailUS Market
7D-1.2%-6.0%-4.6%
1Y-5.5%-2.6%7.7%

Return vs Industry: MNRO underperformed the US Specialty Retail industry which returned -0.8% over the past year.

Return vs Market: MNRO underperformed the US Market which returned 10.2% over the past year.

Price Volatility

Is MNRO's price volatile compared to industry and market?
MNRO volatility
MNRO Average Weekly Movement4.7%
Specialty Retail Industry Average Movement7.4%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: MNRO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MNRO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19577,800Mike Broderickhttps://www.monro.com

Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services; routine maintenance services on passenger cars, light trucks, and vans; products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. The company also provides auto maintenance services, including oil change, lubrication and fluid, motor vehicle safety inspection, auto emissions test, and air conditioners inspection services; and auto repair services for fuel and ignition systems, wheel alignment, suspension system, air conditioners.

Monro Fundamentals Summary

How do Monro's earnings and revenue compare to its market cap?
MNRO fundamental statistics
Market CapUS$1.87b
Earnings (TTM)US$54.71m
Revenue (TTM)US$1.28b

34.2x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MNRO income statement (TTM)
RevenueUS$1.28b
Cost of RevenueUS$819.76m
Gross ProfitUS$459.83m
ExpensesUS$405.12m
EarningsUS$54.71m

Last Reported Earnings

Sep 25, 2021

Next Earnings Date

Jan 26, 2022

Earnings per share (EPS)1.63
Gross Margin35.94%
Net Profit Margin4.28%
Debt/Equity Ratio22.0%

How did MNRO perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

57%

Payout Ratio

Valuation

Is Monro undervalued compared to its fair value and its price relative to the market?

37.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MNRO ($55.77) is trading below our estimate of fair value ($89.39)

Significantly Below Fair Value: MNRO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MNRO is poor value based on its PE Ratio (34.2x) compared to the US Specialty Retail industry average (8.4x).

PE vs Market: MNRO is poor value based on its PE Ratio (34.2x) compared to the US market (17x).


Price to Earnings Growth Ratio

PEG Ratio: MNRO is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: MNRO is good value based on its PB Ratio (2.4x) compared to the US Specialty Retail industry average (2.7x).


Future Growth

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

17.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MNRO's forecast earnings growth (17.9% per year) is above the savings rate (2%).

Earnings vs Market: MNRO's earnings (17.9% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: MNRO's earnings are forecast to grow, but not significantly.

Revenue vs Market: MNRO's revenue (5.8% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: MNRO's revenue (5.8% 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 MNRO's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Monro performed over the past 5 years?

-8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MNRO has high quality earnings.

Growing Profit Margin: MNRO's current net profit margins (4.3%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: MNRO's earnings have declined by 8.9% per year over the past 5 years.

Accelerating Growth: MNRO's earnings growth over the past year (79%) exceeds its 5-year average (-8.9% per year).

Earnings vs Industry: MNRO earnings growth over the past year (79%) underperformed the Specialty Retail industry 151.5%.


Return on Equity

High ROE: MNRO's Return on Equity (7.1%) is considered low.


Financial Health

How is Monro's financial position?


Financial Position Analysis

Short Term Liabilities: MNRO's short term assets ($242.8M) do not cover its short term liabilities ($310.9M).

Long Term Liabilities: MNRO's short term assets ($242.8M) do not cover its long term liabilities ($769.5M).


Debt to Equity History and Analysis

Debt Level: MNRO's net debt to equity ratio (21.1%) is considered satisfactory.

Reducing Debt: MNRO's debt to equity ratio has reduced from 34.9% to 22% over the past 5 years.

Debt Coverage: MNRO's debt is well covered by operating cash flow (95%).

Interest Coverage: MNRO's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


Dividend

What is Monro current dividend yield, its reliability and sustainability?

1.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MNRO's dividend (1.86%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: MNRO's dividend (1.86%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: MNRO's dividends per share have been stable in the past 10 years.

Growing Dividend: MNRO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (57.5%), MNRO's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MNRO's dividends in 3 years are forecast to be well covered by earnings (41.7% payout ratio).


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Mike Broderick (52 yo)

0.75

Tenure

Mr. Michael T. Broderick, also known as Mike, has been President and Chief Executive Officer at Monro, Inc. since April 5, 2021. He is a Director of Monro, Inc. since 2021. Mr. Broderick was an Executive V...


Leadership Team

Experienced Management: MNRO's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: MNRO's board of directors are considered experienced (8.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MNRO insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Monro, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Monro, Inc.
  • Ticker: MNRO
  • Exchange: NasdaqGS
  • Founded: 1957
  • Industry: Automotive Retail
  • Sector: Retail
  • Implied Market Cap: US$1.871b
  • Shares outstanding: 33.54m
  • Website: https://www.monro.com

Number of Employees


Location

  • Monro, Inc.
  • 200 Holleder Parkway
  • Rochester
  • New York
  • 14615
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:35
End of Day Share Price2022/01/19 00:00
Earnings2021/09/25
Annual Earnings2021/03/27


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.