McGrath RentCorp (MGRC)
POSITIVEFundamental
74
Price
$114.09
Market Cap
$2.84B
Part 1 · What the company is worth
Overview
McGrath RentCorp operates as a business-to-business rental company in the United States and internationally. The company also engages in renting and selling relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, childcare facilities, office spaces, and various other purposes. The Portable Storage segment offers steel containers, such as storage and office containers, to provide temporary storage solutions to construction, retail, commercial and industrial, energy and petrochemical, manufacturing, education, and healthcare markets. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily for the aerospace, defense, electronics, industrial, research, and semiconductor industries. This segment also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.
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Direct competitors
Who this company fights with for the same customers
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Balance Sheet & Liquidity
Revenue
$933M
Trailing 12 months (through 6/30/2026)
Net Income
$153M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$211M
Total Equity
$1.24B
Total Liabilities
$1.12B
Current Ratio
1.27
Interest Coverage
8.40
Debt/EBITDA
1.68
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$186.40
Current Price
$114.09
Margin of Safety
+38.8%
Fair Value Range
$121.16 - $251.64
Estimation Methods
Valuation Metrics
P/E Ratio
18.76
ROE
12.6%
P/B Ratio
2.28
P/FCF
13.58
Gross Margin
48.5%
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
7.3%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (19)
- EPS shows upward trend
- EPS CAGR 9.91%
- Price CAGR 11.53%
- Gross Margin 48.5%
- P/FCF 13.58
- P/B Ratio 2.28
- Debt/Equity ratio
- Operating Margin 25.5%
- Positive Free Cash Flow
- CapEx intensity
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 12.4%
- Revenue Growth 5Y 10.5%
- Analyst Consensus 89% Buy
- Earnings Quality (OCF/NI) 1.65
- Share Dilution 0.2%
- Piotroski F-Score 7/9
Failed (6)
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Fairly valued)
- Earnings Surprise avg -1.7%
- PEG Ratio 2.20
- Net Margin Trend 16.4% vs 26.8%
Unavailable (3)
- ROIC NaN%
- Dividend Payout NaN%
- Current Ratio
Piotroski F-Score
Strong financial health
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Share count is stable
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Philip B. Hawkins | President, CEO & Director | 49 |
| Mr. Keith E. Pratt | Executive VP, CFO & Assistant Corporate Secretary | 62 |
| Ms. Gilda Malek J.D. | Senior VP, Chief Legal Officer & Corporate Secretary | 56 |
| Ms. Kristina E. Van Trease-Whitney | Senior VP & Chief Strategy Officer | 55 |
| Mr. David M. Whitney CPA | Senior VP & Chief Accounting Officer | 60 |
| Ms. Tara D. Wescott | Senior VP & Chief Human Resources Officer | 51 |
| Ms. Chris J. Snyder | Senior Vice President of Mobile Modular | 54 |
| Mr. John P. Skenesky | VP & Division Manager of TRS-RenTelco | 58 |
| Mr. John P. Lieffrig | VP & Division Manager of Mobile Modular Portable Storage | 60 |
Audit Risk
2
Board Risk
1
Compensation Risk
2
Shareholder Rights Risk
1
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Latest News
Recent headlines for MGRC, sourced from Markets Gazette.