McGrath RentCorp Net Worth
McGrath RentCorp Net Worth Breakdown | MGRC |
McGrath RentCorp Net Worth Analysis
McGrath RentCorp's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including McGrath RentCorp's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of McGrath RentCorp's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform McGrath RentCorp's net worth analysis. One common approach is to calculate McGrath RentCorp's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares McGrath RentCorp's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing McGrath RentCorp's net worth. This approach calculates the present value of McGrath RentCorp's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of McGrath RentCorp's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate McGrath RentCorp's net worth. This involves comparing McGrath RentCorp's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into McGrath RentCorp's net worth relative to its peers.
Enterprise Value |
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To determine if McGrath RentCorp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding McGrath RentCorp's net worth research are outlined below:
| McGrath RentCorp has a strong financial position based on the latest SEC filings | |
| Over 89.0% of the company shares are owned by institutional investors | |
| On 17th of July 2025 McGrath RentCorp paid $ 0.485 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: McGrath RentCorp To Go Ex-Dividend on July 17th |
McGrath RentCorp Quarterly Good Will |
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McGrath RentCorp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in McGrath RentCorp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to McGrath RentCorp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
McGrath RentCorp Target Price Consensus
McGrath target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. McGrath RentCorp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 2 | Strong Buy |
Most McGrath analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand McGrath stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of McGrath RentCorp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMcGrath RentCorp Target Price Projection
McGrath RentCorp's current and average target prices are 113.92 and 144.00, respectively. The current price of McGrath RentCorp is the price at which McGrath RentCorp is currently trading. On the other hand, McGrath RentCorp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
McGrath RentCorp Market Quote on 19th of July 2025
Target Price
Analyst Consensus On McGrath RentCorp Target Price
Know McGrath RentCorp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as McGrath RentCorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading McGrath RentCorp backward and forwards among themselves. McGrath RentCorp's institutional investor refers to the entity that pools money to purchase McGrath RentCorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Channing Capital Management, Llc | 2025-03-31 | 494.2 K | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 404.5 K | Wellington Management Company Llp | 2025-03-31 | 398.1 K | Snyder Capital Management Lp | 2025-03-31 | 387.4 K | Clearbridge Advisors, Llc | 2025-03-31 | 352.7 K | Northern Trust Corp | 2025-03-31 | 308.2 K | Silvercrest Asset Management Group Llc | 2025-03-31 | 306.9 K | Capital Research Global Investors | 2025-03-31 | 305.4 K | Charles Schwab Investment Management Inc | 2025-03-31 | 290.4 K | Vanguard Group Inc | 2025-03-31 | 2.7 M | Blackrock Inc | 2025-03-31 | 2 M |
Follow McGrath RentCorp's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.88 B.Market Cap |
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Project McGrath RentCorp's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.08 | |
| Return On Capital Employed | 0.12 | 0.17 | |
| Return On Assets | 0.10 | 0.07 | |
| Return On Equity | 0.21 | 0.19 |
When accessing McGrath RentCorp's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures McGrath RentCorp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of McGrath RentCorp's profitability and make more informed investment decisions.
Please note, the presentation of McGrath RentCorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, McGrath RentCorp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of McGrath RentCorp's management manipulating its earnings.
Evaluate McGrath RentCorp's management efficiency
McGrath RentCorp has return on total asset (ROA) of 0.066 % which means that it generated a profit of $0.066 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.228 %, meaning that it created $0.228 on every $100 dollars invested by stockholders. McGrath RentCorp's management efficiency ratios could be used to measure how well McGrath RentCorp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.17, whereas Return On Tangible Assets are forecasted to decline to 0.08. At present, McGrath RentCorp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 53.6 M, whereas Net Tangible Assets are forecasted to decline to about 506.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 45.78 | 48.06 | |
| Tangible Book Value Per Share | 30.39 | 31.91 | |
| Enterprise Value Over EBITDA | 7.12 | 5.36 | |
| Price Book Value Ratio | 2.44 | 1.93 | |
| Enterprise Value Multiple | 7.12 | 5.36 | |
| Price Fair Value | 2.44 | 1.93 | |
| Enterprise Value | 1.7 B | 1.7 B |
The strategic initiatives led by McGrath RentCorp's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 3.7182 | Revenue | Quarterly Revenue Growth 0.04 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific McGrath RentCorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on McGrath RentCorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases McGrath RentCorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
McGrath RentCorp Corporate Filings
F4 | 6th of June 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of June 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 4th of June 2025 Other Reports | ViewVerify | |
| 23rd of April 2025 Other Reports | ViewVerify |
McGrath RentCorp Earnings Estimation Breakdown
The calculation of McGrath RentCorp's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of McGrath RentCorp is estimated to be 1.23 with the future projection ranging from a low of 1.07 to a high of 1.36. Please be aware that this consensus of annual earnings estimates for McGrath RentCorp is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.07 Lowest | Expected EPS | 1.36 Highest |
McGrath RentCorp Earnings Projection Consensus
Suppose the current estimates of McGrath RentCorp's value are higher than the current market price of the McGrath RentCorp stock. In this case, investors may conclude that McGrath RentCorp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and McGrath RentCorp's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2025 | Current EPS (TTM) | |
| 2 | 68.31% | 1.15 | 1.23 | 9.65 |
McGrath RentCorp Earnings History
Earnings estimate consensus by McGrath RentCorp analysts from Wall Street is used by the market to judge McGrath RentCorp's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only McGrath RentCorp's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.McGrath RentCorp Quarterly Gross Profit |
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McGrath RentCorp Earnings per Share Projection vs Actual
Actual Earning per Share of McGrath RentCorp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering McGrath RentCorp predict the company's earnings will be in the future. The higher the earnings per share of McGrath RentCorp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.McGrath RentCorp Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as McGrath RentCorp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of McGrath RentCorp should always be considered in relation to other companies to make a more educated investment decision.McGrath Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact McGrath RentCorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2025-04-23 | 2025-03-31 | 0.9133 | 1.15 | 0.2367 | 25 | ||
2025-02-19 | 2024-12-31 | 1.4867 | 1.6452 | 0.1585 | 10 | ||
2024-10-24 | 2024-09-30 | 3.83 | 1.87 | -1.96 | 51 | ||
2024-07-25 | 2024-06-30 | 1.25 | 0.84 | -0.41 | 32 | ||
2024-04-25 | 2024-03-31 | 0.73 | 0.54 | -0.19 | 26 | ||
2024-02-21 | 2023-12-31 | 1.37 | 1.3 | -0.07 | 5 | ||
2023-10-26 | 2023-09-30 | 1.25 | 1.49 | 0.24 | 19 | ||
2023-07-27 | 2023-06-30 | 0.99 | 1.14 | 0.15 | 15 | ||
2023-05-04 | 2023-03-31 | 0.84 | 2.92 | 2.08 | 247 | ||
2023-02-22 | 2022-12-31 | 1.38 | 1.62 | 0.24 | 17 | ||
2022-10-27 | 2022-09-30 | 1.17 | 1.25 | 0.08 | 6 | ||
2022-07-28 | 2022-06-30 | 0.9 | 1.07 | 0.17 | 18 | ||
2022-04-28 | 2022-03-31 | 0.72 | 0.77 | 0.05 | 6 | ||
2022-02-23 | 2021-12-31 | 1.15 | 1.16 | 0.01 | 0 | ||
2021-10-28 | 2021-09-30 | 1.24 | 0.95 | -0.29 | 23 | ||
2021-08-03 | 2021-06-30 | 0.91 | 0.92 | 0.01 | 1 | ||
2021-04-28 | 2021-03-31 | 0.77 | 0.71 | -0.06 | 7 | ||
2021-02-23 | 2020-12-31 | 1.03 | 1.27 | 0.24 | 23 | ||
2020-10-29 | 2020-09-30 | 1.02 | 1.15 | 0.13 | 12 | ||
2020-07-29 | 2020-06-30 | 0.4 | 0.92 | 0.52 | 130 | ||
2020-04-29 | 2020-03-31 | 0.75 | 0.81 | 0.06 | 8 | ||
2020-02-25 | 2019-12-31 | 0.94 | 1.07 | 0.13 | 13 | ||
2019-10-29 | 2019-09-30 | 1.03 | 1.32 | 0.29 | 28 | ||
2019-07-30 | 2019-06-30 | 0.72 | 0.79 | 0.07 | 9 | ||
2019-04-30 | 2019-03-31 | 0.64 | 0.75 | 0.11 | 17 | ||
2019-02-26 | 2018-12-31 | 0.77 | 0.99 | 0.22 | 28 | ||
2018-10-30 | 2018-09-30 | 0.9 | 1.01 | 0.11 | 12 | ||
2018-07-31 | 2018-06-30 | 0.64 | 0.65 | 0.01 | 1 | ||
2018-05-01 | 2018-03-31 | 0.47 | 0.59 | 0.12 | 25 | ||
2018-02-27 | 2017-12-31 | 0.49 | 0.62 | 0.13 | 26 | ||
2017-10-31 | 2017-09-30 | 0.57 | 0.69 | 0.12 | 21 | ||
2017-08-02 | 2017-06-30 | 0.39 | 0.48 | 0.09 | 23 | ||
2017-05-02 | 2017-03-31 | 0.28 | 0.33 | 0.05 | 17 | ||
2017-02-28 | 2016-12-31 | 0.46 | 0.4 | -0.06 | 13 | ||
2016-11-01 | 2016-09-30 | 0.52 | 0.54 | 0.02 | 3 | ||
2016-08-02 | 2016-06-30 | 0.34 | 0.38 | 0.04 | 11 | ||
2016-05-03 | 2016-03-31 | 0.27 | 0.27 | 0.0 | 0 | ||
2016-02-25 | 2015-12-31 | 0.51 | 0.48 | -0.03 | 5 | ||
2015-10-29 | 2015-09-30 | 0.48 | 0.54 | 0.06 | 12 | ||
2015-07-30 | 2015-06-30 | 0.39 | 0.32 | -0.07 | 17 | ||
2015-04-30 | 2015-03-31 | 0.35 | 0.26 | -0.09 | 25 | ||
2015-02-26 | 2014-12-31 | 0.5 | 0.53 | 0.03 | 6 | ||
2014-10-29 | 2014-09-30 | 0.52 | 0.53 | 0.01 | 1 | ||
2014-07-31 | 2014-06-30 | 0.38 | 0.39 | 0.01 | 2 | ||
2014-04-30 | 2014-03-31 | 0.36 | 0.3 | -0.06 | 16 | ||
2014-02-27 | 2013-12-31 | 0.49 | 0.45 | -0.04 | 8 | ||
2013-10-30 | 2013-09-30 | 0.49 | 0.48 | -0.01 | 2 | ||
2013-07-31 | 2013-06-30 | 0.45 | 0.38 | -0.07 | 15 | ||
2013-05-01 | 2013-03-31 | 0.39 | 0.36 | -0.03 | 7 | ||
2013-02-21 | 2012-12-31 | 0.42 | 0.47 | 0.05 | 11 | ||
2012-11-01 | 2012-09-30 | 0.5 | 0.5 | 0.0 | 0 | ||
2012-07-31 | 2012-06-30 | 0.48 | 0.42 | -0.06 | 12 | ||
2012-05-03 | 2012-03-31 | 0.41 | 0.39 | -0.02 | 4 | ||
2012-02-29 | 2011-12-31 | 0.43 | 0.53 | 0.1 | 23 | ||
2011-11-03 | 2011-09-30 | 0.47 | 0.62 | 0.15 | 31 | ||
2011-08-05 | 2011-06-30 | 0.35 | 0.46 | 0.11 | 31 | ||
2011-05-05 | 2011-03-31 | 0.38 | 0.39 | 0.01 | 2 | ||
2011-02-23 | 2010-12-31 | 0.37 | 0.52 | 0.15 | 40 | ||
2010-11-01 | 2010-09-30 | 0.4 | 0.4 | 0.0 | 0 | ||
2010-08-05 | 2010-06-30 | 0.32 | 0.31 | -0.01 | 3 | ||
2010-05-06 | 2010-03-31 | 0.28 | 0.28 | 0.0 | 0 | ||
2010-02-24 | 2009-12-31 | 0.3 | 0.37 | 0.07 | 23 | ||
2009-11-05 | 2009-09-30 | 0.35 | 0.4 | 0.05 | 14 | ||
2009-08-06 | 2009-06-30 | 0.29 | 0.3 | 0.01 | 3 | ||
2009-05-07 | 2009-03-31 | 0.27 | 0.33 | 0.06 | 22 | ||
2009-02-25 | 2008-12-31 | 0.39 | 0.39 | 0.0 | 0 | ||
2008-11-06 | 2008-09-30 | 0.48 | 0.48 | 0.0 | 0 | ||
2008-08-07 | 2008-06-30 | 0.4 | 0.42 | 0.02 | 5 | ||
2008-05-08 | 2008-03-31 | 0.38 | 0.43 | 0.05 | 13 | ||
2008-02-21 | 2007-12-31 | 0.47 | 0.48 | 0.01 | 2 | ||
2007-11-01 | 2007-09-30 | 0.51 | 0.46 | -0.05 | 9 | ||
2007-08-02 | 2007-06-30 | 0.35 | 0.36 | 0.01 | 2 | ||
2007-05-03 | 2007-03-31 | 0.34 | 0.37 | 0.03 | 8 | ||
2007-02-22 | 2006-12-31 | 0.38 | 0.47 | 0.09 | 23 | ||
2006-11-02 | 2006-09-30 | 0.39 | 0.5 | 0.11 | 28 | ||
2006-08-03 | 2006-06-30 | 0.38 | 0.34 | -0.04 | 10 | ||
2006-05-04 | 2006-03-31 | 0.31 | 0.31 | 0.0 | 0 | ||
2006-02-23 | 2005-12-31 | 0.46 | 0.47 | 0.01 | 2 | ||
2005-11-03 | 2005-09-30 | 0.41 | 0.48 | 0.07 | 17 | ||
2005-08-04 | 2005-06-30 | 0.42 | 0.38 | -0.04 | 9 | ||
2005-02-24 | 2004-12-31 | 0.36 | 0.35 | -0.01 | 2 | ||
2004-11-04 | 2004-09-30 | 0.35 | 0.38 | 0.03 | 8 | ||
2004-08-05 | 2004-06-30 | 0.26 | 0.28 | 0.02 | 7 | ||
2004-05-05 | 2004-03-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2004-02-19 | 2003-12-31 | 0.27 | 0.28 | 0.01 | 3 | ||
2003-10-30 | 2003-09-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2003-07-31 | 2003-06-30 | 0.22 | 0.2 | -0.02 | 9 | ||
2003-04-30 | 2003-03-31 | 0.21 | 0.2 | -0.01 | 4 | ||
2003-02-13 | 2002-12-31 | 0.26 | 0.27 | 0.01 | 3 | ||
2002-10-23 | 2002-09-30 | 0.3 | 0.27 | -0.03 | 10 | ||
2002-08-08 | 2002-06-30 | 0.24 | 0.21 | -0.03 | 12 | ||
2002-05-14 | 2002-03-31 | 0.25 | 0.15 | -0.1 | 40 | ||
2000-11-09 | 2000-09-30 | 0.3 | 0.37 | 0.07 | 23 | ||
2000-08-03 | 2000-06-30 | 0.25 | 0.26 | 0.01 | 4 | ||
2000-05-12 | 2000-03-31 | 0.22 | 0.23 | 0.01 | 4 | ||
2000-02-16 | 1999-12-31 | 0.25 | 0.24 | -0.01 | 4 | ||
1999-10-28 | 1999-09-30 | 0.28 | 0.26 | -0.02 | 7 | ||
1999-08-05 | 1999-06-30 | 0.23 | 0.22 | -0.01 | 4 | ||
1999-05-11 | 1999-03-31 | 0.2 | 0.2 | 0.0 | 0 | ||
1998-11-02 | 1998-09-30 | 0.23 | 0.25 | 0.02 | 8 | ||
1998-08-04 | 1998-06-30 | 0.2 | 0.21 | 0.01 | 5 | ||
1998-05-12 | 1998-03-31 | 0.18 | 0.17 | -0.01 | 5 | ||
1993-05-11 | 1993-03-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1993-02-23 | 1992-12-31 | 0.08 | 0.08 | 0.0 | 0 |
McGrath RentCorp Corporate Management
| John Lieffrig | VP Storage | Profile | |
| Gilda JD | General VP | Profile | |
| Kristina TreaseWhitney | Senior Development | Profile | |
| David CPA | Senior Officer | Profile | |
| Tara Wescott | Vice Resources | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McGrath RentCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McGrath RentCorp. If investors know McGrath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McGrath RentCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.234 | Dividend Share 1.91 | Earnings Share 9.65 | Revenue Per Share | Quarterly Revenue Growth 0.04 |
The market value of McGrath RentCorp is measured differently than its book value, which is the value of McGrath that is recorded on the company's balance sheet. Investors also form their own opinion of McGrath RentCorp's value that differs from its market value or its book value, called intrinsic value, which is McGrath RentCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McGrath RentCorp's market value can be influenced by many factors that don't directly affect McGrath RentCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McGrath RentCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if McGrath RentCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McGrath RentCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.