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Upturn AI SWOT - About
MRC Global Inc (MRC)
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Upturn Advisory Summary
04/01/2025: MRC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -38.88% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.01B USD | Price to earnings Ratio 20.51 | 1Y Target Price 16.25 |
Price to earnings Ratio 20.51 | 1Y Target Price 16.25 | ||
Volume (30-day avg) 799743 | Beta 1.97 | 52 Weeks Range 9.42 - 15.41 | Updated Date 04/3/2025 |
52 Weeks Range 9.42 - 15.41 | Updated Date 04/3/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.57 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-14 | When - | Estimate 0.0767 | Actual -0.08 |
Profitability
Profit Margin 1.83% | Operating Margin (TTM) 2.41% |
Management Effectiveness
Return on Assets (TTM) 4.81% | Return on Equity (TTM) 11.48% |
Valuation
Trailing PE 20.51 | Forward PE 10.63 | Enterprise Value 1514315390 | Price to Sales(TTM) 0.33 |
Enterprise Value 1514315390 | Price to Sales(TTM) 0.33 | ||
Enterprise Value to Revenue 0.5 | Enterprise Value to EBITDA 8.86 | Shares Outstanding 86083400 | Shares Floating 83724752 |
Shares Outstanding 86083400 | Shares Floating 83724752 | ||
Percent Insiders 2.08 | Percent Institutions 96.04 |
Analyst Ratings
Rating 5 | Target Price 17.25 | Buy - | Strong Buy 4 |
Buy - | Strong Buy 4 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
MRC Global Inc
Company Overview
History and Background
MRC Global Inc. was founded in 1921 as McJunkin Supply Company. It has evolved from a regional distributor to a global leader in PVF (pipe, valve, and fitting) distribution, serving the energy and industrial sectors. Key milestones include strategic acquisitions and expansion into international markets.
Core Business Areas
- Upstream Production: Distribution of PVF and related products used in oil and gas exploration and production.
- Midstream Pipeline: Supply of PVF for pipelines transporting oil and gas.
- Downstream & Industrial: Distribution of PVF and other products for refineries, chemical plants, and industrial facilities.
Leadership and Structure
The leadership team includes the CEO, CFO, and other key executives. The company operates with a global organizational structure, with regional teams responsible for specific markets.
Top Products and Market Share
Key Offerings
- Pipe: Carbon steel pipe, stainless steel pipe, alloy pipe used in various energy applications. MRC Global holds a significant market share in the energy pipe distribution sector. Competitors include Ferguson Enterprises and HD Supply.
- Valves: Ball valves, gate valves, globe valves, check valves used to control flow in piping systems. Market share varies by valve type and region. Competitors include Emerson Electric and Flowserve.
- Fittings: Butt weld fittings, threaded fittings, socket weld fittings used to connect pipes and valves. Market share is considerable due to the critical nature of these connection items. Competitors include Anvil International and Mueller Industries.
Market Dynamics
Industry Overview
The PVF distribution industry is highly fragmented and cyclical, influenced by energy prices, infrastructure spending, and industrial production. Trends include increasing demand for specialized products and digital solutions.
Positioning
MRC Global is a leading global distributor of PVF products, with a strong focus on the energy industry. Its competitive advantages include its extensive product portfolio, global footprint, and supply chain expertise.
Total Addressable Market (TAM)
The global PVF market is estimated to be worth over $100 billion. MRC Global is positioned to capture a portion of this TAM through its strong market presence and strategic partnerships.
Upturn SWOT Analysis
Strengths
- Global distribution network
- Strong relationships with suppliers
- Extensive product portfolio
- Expertise in the energy industry
Weaknesses
- Cyclical business model
- Dependence on the energy sector
- High working capital requirements
- Exposure to currency fluctuations
Opportunities
- Expansion into new geographic markets
- Growth in renewable energy projects
- Increased demand for digital solutions
- Consolidation in the PVF distribution industry
Threats
- Decline in energy prices
- Increased competition
- Supply chain disruptions
- Geopolitical risks
Competitors and Market Share
Key Competitors
- NOW
- FAST
- WCC
Competitive Landscape
MRC Global competes with a mix of global and regional distributors. Its strengths include its global reach and expertise in the energy industry. Its weaknesses include its dependence on the energy sector and cyclical business model.
Major Acquisitions
Flangefitt Stainless Ltd.
- Year: 2018
- Acquisition Price (USD millions): 27
- Strategic Rationale: Expansion of stainless steel product offerings and geographic presence in the UK.
Growth Trajectory and Initiatives
Historical Growth: MRC Global's growth has been driven by acquisitions and organic expansion. The company has experienced cyclical growth patterns, influenced by the energy sector.
Future Projections: Analysts expect MRC Global to grow at a moderate pace in the coming years, driven by increased infrastructure spending and energy demand.
Recent Initiatives: Recent initiatives include investments in digital technology, expansion into new markets, and cost-cutting measures.
Summary
MRC Global is a major player in PVF distribution, particularly for the energy sector. Its global presence and extensive product line are strengths, but its cyclical business and reliance on energy markets pose risks. Recent cost-cutting initiatives and digital investments should help improve profitability and drive future growth. The company needs to diversify its business to reduce dependence on the volatile energy market.
Similar Companies
ETN
Eaton Corporation PLC
ETN
Eaton Corporation PLC
FAST
Fastenal Company
FAST
Fastenal Company
GWW
WW Grainger Inc
GWW
WW Grainger Inc
NOW
ServiceNow Inc
NOW
ServiceNow Inc
WCC
WESCO International Inc
WCC
WESCO International Inc
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Analyst reports
- Industry publications
- Company Press Releases
Disclaimers:
This analysis is based on available information and assumptions. Actual results may differ. This is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MRC Global Inc
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 2012-04-12 | President, CEO & Director Mr. Robert James Saltiel Jr. | ||
Sector Energy | Industry Oil & Gas Equipment & Services | Full time employees 2600 | Website https://www.mrcglobal.com |
Full time employees 2600 | Website https://www.mrcglobal.com | ||
MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services in the United States and internationally. The company offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; other products, such as lined corrosion resistant piping systems, control valves, valve automation, and top work components; and valve modification services, including valve control extensions, welding, hydrotesting, painting, coating, x-raying, and actuation assembly. It also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel, alloy and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes. In addition, the company offers natural gas distribution products, including risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment, such as high density polyethylene pipes, fittings, and rods; and specialized production equipment comprising tanks and separators. Further, the company provides various services under the FastTrack name. Its products are used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions, including high pressure, high/low temperature, and high corrosive and abrasive environments. The company was formerly known as McJunkin Red Man Holding Corporation and changed its name to MRC Global Inc. in January 2012. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas.
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