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McGrath RentCorp (McGrath RentCorp) EV-to-EBIT : 16.65 (As of Apr. 29, 2024)


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What is McGrath RentCorp EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, McGrath RentCorp's Enterprise Value is $3,539.0 Mil. McGrath RentCorp's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $212.5 Mil. Therefore, McGrath RentCorp's EV-to-EBIT for today is 16.65.

The historical rank and industry rank for McGrath RentCorp's EV-to-EBIT or its related term are showing as below:

MGRC' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.28   Med: 15.47   Max: 21.6
Current: 16.65

During the past 13 years, the highest EV-to-EBIT of McGrath RentCorp was 21.60. The lowest was 10.28. And the median was 15.47.

MGRC's EV-to-EBIT is ranked worse than
63.23% of 843 companies
in the Business Services industry
Industry Median: 12.71 vs MGRC: 16.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. McGrath RentCorp's Enterprise Value for the quarter that ended in Mar. 2024 was $3,824.3 Mil. McGrath RentCorp's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $212.5 Mil. McGrath RentCorp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.56%.


McGrath RentCorp EV-to-EBIT Historical Data

The historical data trend for McGrath RentCorp's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McGrath RentCorp EV-to-EBIT Chart

McGrath RentCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 13.07 19.12 19.20 19.43

McGrath RentCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.77 18.79 17.05 19.43 17.99

Competitive Comparison of McGrath RentCorp's EV-to-EBIT

For the Rental & Leasing Services subindustry, McGrath RentCorp's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McGrath RentCorp's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, McGrath RentCorp's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where McGrath RentCorp's EV-to-EBIT falls into.



McGrath RentCorp EV-to-EBIT Calculation

McGrath RentCorp's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3538.989/212.526
=16.65

McGrath RentCorp's current Enterprise Value is $3,539.0 Mil.
McGrath RentCorp's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $212.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McGrath RentCorp  (NAS:MGRC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

McGrath RentCorp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=212.526/3824.27217
=5.56 %

McGrath RentCorp's Enterprise Value for the quarter that ended in Mar. 2024 was $3,824.3 Mil.
McGrath RentCorp's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $212.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McGrath RentCorp EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of McGrath RentCorp's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


McGrath RentCorp (McGrath RentCorp) Business Description

Traded in Other Exchanges
Address
5700 Las Positas Road, Livermore, CA, USA, 94551-7800
McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.
Executives
Trease Kristina Van officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
David M Whitney officer: VP, Controller, PAO 5700 LOS POSITAS ROAD, LIVERMORE CA 94551
Elizabeth A Fetter director 1400 MARINA WAY SOUTH, RICHMOND CA 94804
Philip B Hawkins officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Tara Wescott officer: Vice President Human Resources C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
John Lieffrig officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
John P Skenesky officer: VP and Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Gilda Malek officer: VP, Legal General Counsel C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Dennis P Stradford director
Kimberly Ann Box director 7157 TREELINE CT., GRANITE BAY CA 95746
Nicolas C Anderson director 3100 ZINFANDEL DRIVE, STE. 450, RANCHO CORDOVA CA 95670
Stuart Templeton Porter officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Kay Dashner officer: Senior Human Resources Advisor 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Morris Richard Smith director 1225 17TH STREET, SUITE 1300, DENVER CO 80202
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708

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