McCoy Global Stock

McCoy Global P/E 2024

McCoy Global P/E

6.13

Ticker

MCB.TO

ISIN

CA57980Q1063

WKN

A117M1

As of Dec 12, 2024, McCoy Global's P/E ratio was 6.13, a 79.24% change from the 3.42 P/E ratio recorded in the previous year.

The McCoy Global P/E history

McCoy Global Aktienanalyse

What does McCoy Global do?

McCoy Global Inc is a Canadian company with a long and informative history dating back to 1914. Originally founded as a seller of wagon materials, the company has evolved over the years to become a leading provider of innovative solutions in the oilfield and mining industries. The company's business model is based on providing services in drilling technologies, measurement and control systems, and the production of machinery and equipment for the oil and gas industry. McCoy Global Inc has proven itself as a market leader in many technical aspects of this industry and is a trusted partner for numerous customers worldwide. The company operates various divisions including "drilling technologies", "measurement and control systems", "pipe thread", "hydraulic products", and "production systems". Each branch of the business offers a wide range of innovative products and services, contributing to the growth and success of the company. In the drilling technologies division, the company offers a wide range of products and services specifically designed for oil and gas exploration. McCoy Global Inc designs and manufactures casing units, drill strings, and other control units that make drilling technology more stable and efficient. The company also offers a variety of services such as drill string inspections and repairs, as well as drill string rotation and stopper systems. Another important division of the company is "measurement and control systems". Customers in the oil and gas industry and other industries increasingly require accurate measurement and control systems that increase reliability and efficiency while reducing operating costs. McCoy Global Inc offers a wide range of precision instruments, controllers, and sensors, helping customers achieve optimal control over their operations while increasing the efficiency of their facilities. One of McCoy Global's absolute strengths is pipe threading technology, specifically the "HydraGrip®" threading system. McCoy has 50 years of experience in manufacturing threaded connections for pipeline systems. Hydragrip is a patented technology that enables a secure and fast connection in drilling operations through seamless fit. The low-wear threading system can be easily attached and removed, increasing the efficiency of pipeline connections. The hydraulic products division includes various products such as hydraulic relief valves, pipe ramps, and a wide selection of seals. McCoy Global Inc's products help reduce waste and environmental pollution while saving costs and resources. Lastly, the company also offers a range of production solutions. As part of its production services, McCoy provides mobile manufacturing units and fixtures for oil and gas exploration. This combines expertise in pipe threading connections and the production of suspension systems for oil drilling. The mobile manufacturing unit is a service that allows equipment for oil and gas production to be produced and maintained on-site, making operations significantly more efficient and cost-effective. Over the past decades, McCoy Global Inc. has established itself as a significant player in the global oil and gas industry. The company offers a comprehensive range of innovative solutions for every stage of oil and gas production, from exploration to production. The various divisions operated by the company allow for specialization in meeting the specific needs of customers in the industry, reliably meeting the needs and tight deadlines of the oil and gas industry. McCoy Global ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering McCoy Global's P/E Ratio

The Price to Earnings (P/E) Ratio of McCoy Global is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing McCoy Global's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of McCoy Global is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in McCoy Global’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about McCoy Global stock

What is the price-to-earnings ratio of McCoy Global?

The price-earnings ratio of McCoy Global is currently 6.13.

How has the price-earnings ratio of McCoy Global changed compared to last year?

The price-to-earnings ratio of McCoy Global has increased by 79.24% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of McCoy Global high compared to other companies?

Yes, the price-to-earnings ratio of McCoy Global is high compared to other companies.

How does an increase in the price-earnings ratio of McCoy Global affect the company?

An increase in the price-earnings ratio of McCoy Global would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of McCoy Global affect the company?

A decrease in the price-earnings ratio of McCoy Global would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of McCoy Global?

Some factors that influence the price-earnings ratio of McCoy Global are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does McCoy Global pay?

Over the past 12 months, McCoy Global paid a dividend of 0.03 CAD . This corresponds to a dividend yield of about 1.04 %. For the coming 12 months, McCoy Global is expected to pay a dividend of 0.03 CAD.

What is the dividend yield of McCoy Global?

The current dividend yield of McCoy Global is 1.04 %.

When does McCoy Global pay dividends?

McCoy Global pays a quarterly dividend. This is distributed in the months of July, October, October, January.

How secure is the dividend of McCoy Global?

McCoy Global paid dividends every year for the past 1 years.

What is the dividend of McCoy Global?

For the upcoming 12 months, dividends amounting to 0.03 CAD are expected. This corresponds to a dividend yield of 1.04 %.

In which sector is McCoy Global located?

McCoy Global is assigned to the 'Energy' sector.

Wann musste ich die Aktien von McCoy Global kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of McCoy Global from 1/15/2025 amounting to 0.02 CAD, you needed to have the stock in your portfolio before the ex-date on 12/31/2024.

When did McCoy Global pay the last dividend?

The last dividend was paid out on 1/15/2025.

What was the dividend of McCoy Global in the year 2023?

In the year 2023, McCoy Global distributed 0 CAD as dividends.

In which currency does McCoy Global pay out the dividend?

The dividends of McCoy Global are distributed in CAD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von McCoy Global

Our stock analysis for McCoy Global Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of McCoy Global Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.