Added to YB: 2024-08-05
Pitch date: 2024-08-02
MCB.TO [bullish]
McCoy Global Inc.
+50.63%
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 1.88
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
growth
McCoy Global Inc. - French 🇫🇷McCoy Global Inc. - French 🇫🇷
MCB.TO: Oilfield tech co. w/ $1B TAM. IoT/cloud tech reducing rig personnel 8 to 2-3. Strong financials: CAD10.6M cash, 2023 rev CAD52.4M. Q1'24 profit +85% YoY. Expanding globally, diversifying revenue. Expect 5-15% annual rev growth, 10-25% profit growth 2024-26. Risks: oil price volatility, competition. Dividends & buybacks likely.
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