McGrath Rentcorp (MGRC)

Services-Equipment Rental & Leasing, NEC

Latest Price

$114.35

TTM P/E

18.41

Normalized P/E

17.39

Div Yield

1.71%

Book Value

50.71

P/B Ratio

2.26

Valuation metrics

EPS: $6.35

Book value / share: $50.26

Formula: √(22.5 × EPS × BVPS)

Graham Number

$84.74

26% downside

Norm. op. income: $166M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$50.35

56% downside

Base FCF: $193M (median of recent 5yr)

Growth: -7%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$57.22

50% downside

EPS: $6.35

Target P/E: 17×

Formula: EPS × P/E

P/E Fair Value

$107.95

6% downside

82.3% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	2.09M	$252.0M	8.55%	+148.5K	2026-06-30
Vanguard Portfolio Management LLC	1.42M	$172.0M	5.83%	+17.8K	2026-06-30
Vanguard Capital Management LLC	1.11M	$133.0M	4.53%	-4.1K	2026-06-30
Dimensional Fund Advisors LP	975.1K	$118.0M	3.99%	+68.1K	2026-06-30
Channing Capital Management, LLC	835.2K	$101.0M	3.42%	+23.0K	2026-06-30
Victory Capital Management Inc	705.3K	$85.0M	2.89%	-104.6K	2026-06-30
Geode Capital Management, LLC	676.0K	$81.0M	2.77%	+45.8K	2026-06-30
FMR LLC	631.9K	$76.0M	2.59%	+299.4K	2026-06-30
State Street Corp	630.0K	$76.0M	2.58%	+45.6K	2026-06-30
Snyder Capital Management L P	475.3K	$57.0M	1.95%	-11.6K	2026-06-30