MCB : McCoy Global Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

McCoy Global Inc trades with the ticker MCB on the TSX and is in the Oil & Gas Equipment & Services industry.

Overview
McCoy Global Inc. provides equipment and technologies to support tubular running operations that enhance wellbore integrity and assist with collecting critical data for the energy industry primarily in Canada. The company designs, produces, and distributes capital equipment to support wellbore integrity; and supports capital equipment sales through aftermarket products and services, such as technical support, consumables, and replacement parts. It also offers data collection technologies used in rugged applications in the energy, construction, marine, nuclear, and aerospace sectors; and repair, maintenance, and calibration services for the capital equipment and related competitor products; and corporation technology rental services. In addition, it provides hydraulic power tongs used to make-up and break-out casing, tubing, and drill-pipe; casing running tools; tubular running technologies; torque-turn monitoring and control software system; wireless data subs; mud handling equipment; bucking units for assembling couplings to casing in tubular manufacturing plants; diesel and electric hydraulic power units; roughnecks; load monitoring systems; portable aircraft digital scales; and winch control systems. Further, the company offers aftermarket products and services, dies and inserts for tubular make-up and handling equipment; and gauging services. It markets its products and services through direct sales, agents, re-sellers, and distributors primarily under the SmarTR, Virtual ThreadRep, SmartCRT, SmartFMS, CalCERT, DWCRT, weCATT, weVERIFY, winCATT, GRITFACE, CLINCHER, HYTOPS, CHROMEMASTER, LOCKJAW, weTORQ, Autofill, AutoValve, and SWSES brand names in the United States, Latin America, the Middle East, Africa, Europe, Russia, the Asia Pacific, and Canada. The company was formerly known as McCoy Corporation and changed its name to McCoy Global Inc. in July 2014. McCoy Global Inc. was founded in 1914 and is headquartered in Edmonton, Canada.
 

Looking to invest in McCoy Global Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

MCB.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $56.605MM

PE Ratio: 5.385

Price: 39.68 (Updated: 3/12/2024 0:47:16)



McCoy Global Inc (MCB) vs Competitors in Oil & Gas Equipment & Services

Lets see how MCB.TO stacks up against others in the Oil & Gas Equipment & Services asset management industry. We have identified its main peers as:

CES Energy Solutions Corp, Calfrac Well Services Ltd, Enerflex Ltd, Essential Energy Services Ltd, High Arctic Energy Services Inc

.

Oil & Gas Equipment & Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
CES Energy Solutions Corp (CEU) $1,104.131 8.464 5.128 2.5%
Calfrac Well Services Ltd (CFW) $389.09 2.33 1.994 N/A%
Enerflex Ltd (EFX) $1,044.958 N/A 6.205 1.2%
Essential Energy Services Ltd (ESN) $50.2 40.0 5.225 0.0%
High Arctic Energy Services Inc (HWO) $52.561 N/A -0.744 5.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas Equipment & Services

  • McCoy Global Inc (MCB) vs CES Energy Solutions Corp (CEU)
    • CEU has higher EPS (0.56 vs 0.39). CEU has higher dividend yield (2.5% vs 1.9%). CEU has a higher P/E ratio (8.464 vs 5.385) indicating it’s more expensive.
  • McCoy Global Inc (MCB) vs Calfrac Well Services Ltd (CFW)
    • CFW has higher EPS (2.06 vs 0.39). MCB provides dividends, while CFW does not. MCB has a higher P/E ratio (5.385 vs 2.33) indicating it’s more expensive.
  • McCoy Global Inc (MCB) vs Enerflex Ltd (EFX)
    • MCB has higher EPS (0.39 vs -0.9). MCB has higher dividend yield (1.9% vs 1.2%). EFX has a P/E under 0, indicating MCB (P/E 5.385) is in a better position.
  • McCoy Global Inc (MCB) vs Essential Energy Services Ltd (ESN)
    • MCB has higher EPS (0.39 vs 0.01). MCB has higher dividend yield (1.9% vs 0.0%). ESN has a higher P/E ratio (40.0 vs 5.385) indicating it’s more expensive.
  • McCoy Global Inc (MCB) vs High Arctic Energy Services Inc (HWO)
    • MCB has higher EPS (0.39 vs -0.5). HWO has higher dividend yield (5.6% vs 1.9%). HWO has a P/E under 0, indicating MCB (P/E 5.385) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (5.38) than the industry average (11.70), indicating potential undervaluation. Features a lower EV/EBITDA ratio (3.05) than the industry average (3.61), indicating attractive valuation.
 

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You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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