Added to YB: 2024-04-25
Pitch date: 2024-04-23
MCB.TO [neutral]
McCoy Global Inc.
+59.51%
current return
Author Info
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Company Info
McCoy Global Inc. provides equipment and technologies designed to support tubular running operations that enhance wellbore integrity and assist with collecting data for the energy industry in the United States, Latin America, the Middle East, Africa, Europe, the Asia Pacific, and Canada.
Market Cap
CAD 78.5M
Pitch Price
CAD 1.77
Price Target
N/A
Dividend
3.41%
EV/EBITDA
6.12
P/E
11.88
EV/Sales
0.94
Sector
Energy Equipment and Services
Category
value
McCoy Global $MCB.TO (3.5/5)
MCB.TO: Strong balance sheet w/ 2.9 current ratio, no debt. OCF +134% to $6.7M. Paid off debt, bought back $2.6M stock. Rev +33% to $69.7M, but expenses +97%, net earnings -25.5% to $6.5M (+39% ex one-time gain). Shares -23% from high on slowing growth concerns. Mgmt sees better H2 after slow H1. Cheap valuation metrics. Insider/tute own 50%+.
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