Professional
Added to YB: 2024-01-26
Pitch date: 2024-01-26
MRC [bullish]
MRC Global Inc.
+32.76%
current return
Author Info
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Company Info
MRC Global Inc. engages in the distribution of pipes, valves, fittings, and other infrastructure products and services.
Market Cap
$1.2B
Pitch Price
$10.38
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.04
P/E
13.4K
EV/Sales
0.62
Sector
Trading Companies and Distributors
Category
special_situation
Show full summary:
Alluvial Capital new position: MRC Global ($MRC)
$MRC Global: Distributor to O&G, utilities & industrials. Unimpressive history, unhappy investors (Cornell Capital). Activist Engine Capital (4%) pushing for sale. Term loan due Sept '24. Expect mid-high teens takeout as best solution for all parties.
Read full article (3 min)