MGRC
McGrath RentCorp
Price:  
118.64 
USD
Volume:  
166,353.00
United States | Trading Companies & Distributors
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MGRC Fair Value

47.04 %
Upside

As of 2024-12-14, the Fair Value of McGrath RentCorp (MGRC) is 174.45 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 118.64 USD, the upside of McGrath RentCorp is 47.04%.

118.64 USD
Stock Price
174.45 USD
Fair Price
FAIR VALUE CALCULATION

MGRC Fair Value

Peter Lynch's formula is:

MGRC Fair Value
= Earnings Growth Rate x TTM EPS
MGRC Fair Value
= 19.05 x 9.16
MGRC Fair Value
= 174.45

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 96.80 102.00 89.70 115.10 174.62 115.64
YoY growth 21.91% 5.37% -12.06% 28.32% 51.71% 19.05%

MGRC Fair Value - Key Data

Market Cap (mil) 2,912.61
P/E 12.96x
Forward P/E 23.62x
EPS 9.16
Avg earnings growth rate 19.05%
TTM earnings 224.80