McCoy Global (MCB) AI Stock Analysis

• Market Cap: $107.83M
• Dividend Yield: 2.48%
• Average Volume (3M): 67.30K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 0.65
• Revenue Growth: 15.79%
• EPS Growth: 27.58%
• Country: CA
• Employees: 138
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.03
• Shares Outstanding: 26,756,899
• 10 Day Avg. Volume: 93,228
• 30 Day Avg. Volume: 67,304
• PEG Ratio: -4.90
• Price to Book (P/B): 1.94
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 33.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $5.00
• Price Target Upside: 21.96% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: C$5.00 ▲(21.95%Upside)

McCoy Global's overall stock score is primarily driven by its strong financial performance and positive corporate events. Technical indicators suggest a robust upward trend, though caution is advised due to overbought signals. The stock is reasonably valued, with its P/E ratio and dividend yield providing additional support. The absence of earnings call data did not impact the evaluation.

McCoy Global Business Overview & Revenue Model

Company Description

McCoy Global (MCB) is a technology and equipment manufacturing company that primarily operates in the oil and gas sector. The company specializes in the design, production, and distribution of precision equipment and advanced technologies used in wellbore construction and completion. McCoy Global is known for its innovative solutions that enhance operational efficiency and safety in energy extraction processes, serving a global clientele with a focus on reliability and performance.

How the Company Makes Money

McCoy Global generates revenue through the sale and leasing of its specialized equipment and technologies to oil and gas companies. These products include torque-turn monitoring systems, tubular make-up equipment, and data management solutions designed to optimize drilling operations. The company also provides aftermarket services, such as maintenance, repair, and calibration, which contribute to its recurring revenue streams. Additionally, McCoy Global engages in strategic partnerships and collaborations with key industry players to expand its market reach and enhance its technological offerings, further supporting its financial performance.

McCoy Global Financial Statement Overview

Summary

McCoy Global demonstrates strong financial performance with consistent revenue growth and solid profitability. The company's low leverage and effective equity utilization contribute to its stable financial position. However, there is room for improvement in operational efficiency and cash conversion.

Income Statement

McCoy Global shows strong income statement performance with a consistent revenue growth trend, evidenced by a 3.62% growth from 2024 to TTM and a significant 17.72% increase from 2023 to 2024. The gross profit margin is robust at 36.07% TTM, indicating effective cost management. The net profit margin improved to 11.01% TTM, highlighting profitability. However, the EBIT margin of 12.54% suggests room for operational efficiency improvements.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.06 TTM, implying minimal leverage risk. The return on equity is healthy at 13.43% TTM, showcasing effective use of shareholders' equity. The equity ratio of 70.57% TTM supports financial stability, though the company should monitor its debt levels to maintain this balance.

Cash Flow

Cash flow analysis indicates positive trends with a 6.29% growth in free cash flow from 2024 to TTM and a strong operating cash flow to net income ratio of 0.92 TTM, suggesting efficient cash generation. The free cash flow to net income ratio of 0.37 TTM shows room for improvement in cash conversion efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	77.52M	69.69M	52.43M	32.80M	38.67M
Gross Profit	27.63M	22.83M	15.76M	9.14M	7.95M
EBITDA	14.59M	11.64M	11.57M	7.79M	2.25M
Net Income	8.87M	6.53M	8.76M	4.08M	-2.17M
Balance Sheet
Total Assets	97.85M	77.24M	77.79M	55.14M	52.66M
Cash, Cash Equivalents and Short-Term Investments	17.06M	15.73M	21.47M	11.14M	12.14M
Total Debt	3.98M	4.31M	10.06M	7.81M	11.33M
Total Liabilities	31.65M	23.26M	26.08M	15.13M	17.15M
Stockholders Equity	66.19M	53.98M	51.71M	40.01M	35.50M
Cash Flow
Free Cash Flow	3.05M	2.20M	973.00K	-2.50M	5.03M
Operating Cash Flow	6.51M	6.74M	2.87M	1.46M	8.81M
Investing Cash Flow	-3.45M	-4.50M	6.91M	-3.71M	-3.63M
Financing Cash Flow	-2.67M	-7.65M	-308.00K	1.40M	-1.14M

McCoy Global Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MCB, the sentiment is Positive. The current price of 4.1 is below the 20-day moving average (MA) of 4.14, above the 50-day MA of 3.91, and above the 200-day MA of 3.13, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 51.26 is Neutral, neither overbought nor oversold. The STOCH value of 20.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MCB.

McCoy Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MCB	79 Outperform	$107.83M	12.37	14.64%	2.48%	15.79%	27.58%
TVK	75 Outperform	C$3.50B	38.76	23.78%	0.43%	32.25%	22.98%
SHLE	74 Outperform	C$189.90M	6.04	16.11%	―	18.29%	-94.32%
CFW	69 Neutral	C$292.02M	16.30	3.00%	―	-5.50%	-88.55%
HWO	61 Neutral	C$10.16M	0.42	-3.83%	450.00%	-86.21%	―
SFD	56 Neutral	C$77.36M	―	5.45%	―	355.14%	―
Sector *	52 Neutral	C$2.95B	-1.04	-3.46%	5.86%	3.01%	-47.13%

McCoy Global Corporate Events

McCoy Global Announces Successful Election of Directors

McCoy Global Inc. announced the successful election of all directors standing for election at its Annual General and Special Meeting of Shareholders. The election results showed strong support for the nominees, indicating stability and continuity in the company’s leadership. This development is likely to reinforce McCoy Global’s strategic direction and operational focus, potentially impacting its market positioning positively.

McCoy Global Reports Q1 2025 Growth and Advances in Technology

McCoy Global Inc. reported a 17% increase in revenue for the first quarter of 2025, driven by strong sales of its smartProducts, which now account for 59% of total revenue. Despite a slight decrease in net earnings, the company achieved significant growth in adjusted EBITDA and expanded its backlog, reflecting increased demand for its innovative technologies. The company also declared a quarterly dividend and continued to advance its Technology Roadmap, securing substantial contract awards for its smarTR™ system and delivering new products to key markets, highlighting its strong market position and commitment to technological advancement.

McCoy Global Secures Major Contract with smarTR™ Technology

McCoy Global Inc. has successfully commercialized its smarTR™ technology, securing $11.0 million in contract awards for its hardware and associated SaaS revenue. This milestone highlights the industry’s confidence in McCoy’s innovative solutions, which address labor shortages and safety concerns in TRS, potentially transforming the sector by significantly reducing labor costs and enhancing operational efficiency.