MGRC
McGrath RentCorp
Price:  
124.38 
USD
Volume:  
429,090.00
United States | Trading Companies & Distributors
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MGRC Fair Value

-69.35 %
Upside

As of 2024-03-05, the Fair Value of McGrath RentCorp (MGRC) is 38.12 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 124.38 USD, the upside of McGrath RentCorp is -69.35%.

124.38 USD
Stock Price
38.12 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
= 5.00 x 7.62
MGRC Fair Value
= 38.12

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
2018-12-31 2019-12-31 2020-12-31 2021-12-31 2022-12-31 5Y Avg
Net income 79.40 96.80 102.00 89.70 115.10 96.60
YoY growth -48.41% 21.91% 5.37% -12.06% 28.32% -0.97%

MGRC Fair Value - Key Data

Market Cap (mil) 3,047.31
P/E 16.31x
Forward P/E 22.72x
EPS 7.62
Avg earnings growth rate -0.97%
TTM earnings 186.78