Added to YB: 2025-05-27
Pitch date: 2025-05-25
MCB.TO [bullish]
McCoy Global Inc.
-22.82%
current return
Author Info
Welfare Capital Research is a generalist investing in quality businesses with unique, in-demand services and attractive match-ups against competition. Sign up for the newsletter.
Company Info
McCoy Global Inc. provides equipment and technologies designed to support tubular running operations that enhance wellbore integrity and assist with collecting data for the energy industry in the United States, Latin America, the Middle East, Africa, Europe, the Asia Pacific, and Canada.
Market Cap
CAD 78.5M
Pitch Price
CAD 3.56
Price Target
N/A
Dividend
3.41%
EV/EBITDA
6.12
P/E
11.88
EV/Sales
0.94
Sector
Energy Equipment and Services
Category
value
Welfare Weekly - Edition #3 - McCoy Global Inc.
MCB.TO: Oilfield OEM with 50+ year history; award-winning SmarTR system for casing operations. Revenue +17% Q1, gross profit +26%, 10% income margins. Trading at 9x earnings ex-cash with 3.5% dividend + buybacks. 40% semi-recurring revenue, new SaaS offering to improve margins (70-80%) and smooth cash flows.
Read full article (3 min)