McCoy Global Inc.MCB.TO

$2.29-0.07 (-2.97%)
TSXEnergy24:00 UTC

Company snapshot

Market Cap
$62M
Micro-cap
+17%
2016 — today
10-Year Price
+19%
2016 — today
52-Week Range
$2.08$4.42
Current $2.29· 9%

McCoy Global Inc., an Edmonton, Canada-based company founded in 1914, specializes in delivering critical equipment and advanced technological solutions for tubular running operations. These offerings are instrumental in enhancing wellbore integrity and gathering essential data, primarily for the energy industry. The company's core business involves designing, producing, and distributing capital equipment vital for maintaining wellbore stability. This is further supported by a comprehensive range of aftermarket services, including technical assistance, consumables, and replacement components. Beyond energy, McCoy Global also provides robust data collection technologies engineered for demanding applications in sectors like construction, marine, and aerospace. Its service offerings extend to repairing, maintaining, and calibrating both its proprietary equipment and competitor products, along with providing technology rental options. McCoy Global's extensive product portfolio includes hydraulic power tongs for casing, tubing, and drill-pipe make-up and break-out; casing running tools; advanced tubular running technologies; torque-turn monitoring and control software; wireless data subs; mud handling equipment; bucking units for coupling assembly in tubular plants; hydraulic power units (diesel and electric); roughnecks; load monitoring systems; portable aircraft digital scales; and winch control systems. Aftermarket provisions encompass dies and inserts for tubular equipment, alongside specialized gauging services. The company markets its products and services globally across the United States, Latin America, the Middle East, Africa, Europe, Russia, the Asia Pacific region, and Canada. Distribution channels include direct sales, agents, resellers, and distributors, utilizing brand names such as SmarTR, Virtual ThreadRep, SmartCRT, SmartFMS, CalCERT, DWCRT, weCATT, weVERIFY, winCATT, GRITFACE, CLINCHER, HYTOPS, CHROMEMASTER, LOCKJAW, weTORQ, Autofill, AutoValve, and SWSES. The company changed its name from McCoy Corporation to McCoy Global Inc. in July 2014.

Valuation in context

P/E ratio
13.5
Historically pricey
Historically pricey — last 10 years
P/B ratio
0.9
Above average
Pricier than usual over the last 10 years
EV / EBITDA
5.4
Above average
Pricier than usual over the last 10 years
Dividend Yield
3.3%
Near historic high
Near historic highs — last 10 years
FCF Yield
-3.9%
Around average
Around the 10-year average
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