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17.11 (1y: +15%)
Market Cap 409.4 M P/E(ttm) 18.30
Enterprise Value 418.44 M P/B 1.70
ELRC- NAS (USA)
Electro Rent Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$17.11
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry		 vs
history
Cash to Debt No Debt
ELRC's Cash to Debt is ranked higher than
77% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.26 vs. ELRC: No Debt )
ELRC' s 10-Year Cash to Debt Range
Min: 0.04   Max: No Debt
Current: No Debt
Equity to Asset 0.739
ELRC's Equity to Asset is ranked higher than
76% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.35 vs. ELRC: 0.739 )
ELRC' s 10-Year Equity to Asset Range
Min: 0.37   Max: 0.91
Current: 0.74
0.37
0.91
Interest Coverage No Debt
ELRC's Interest Coverage is ranked higher than
78% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 20.00 vs. ELRC: No Debt )
ELRC' s 10-Year Interest Coverage Range
Min: 4   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 4.33
M-Score: -2.79
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 14.50
ELRC's Operating margin (%) is ranked higher than
74% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 8.50 vs. ELRC: 14.50 )
ELRC' s 10-Year Operating margin (%) Range
Min: -26.1   Max: 29.6
Current: 14.5
-26.1
29.6
Net-margin (%) 10.4
ELRC's Net-margin (%) is ranked higher than
74% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 4.80 vs. ELRC: 10.4 )
ELRC' s 10-Year Net-margin (%) Range
Min: -13.8   Max: 22.5
Current: 10.4
-13.8
22.5
ROE (%) 10.4
ELRC's ROE (%) is ranked higher than
67% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 8.40 vs. ELRC: 10.4 )
ELRC' s 10-Year ROE (%) Range
Min: -5.9   Max: 12.4
Current: 10.4
-5.9
12.4
ROA (%) 7.8
ELRC's ROA (%) is ranked higher than
84% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 3.20 vs. ELRC: 7.8 )
ELRC' s 10-Year ROA (%) Range
Min: -5.4   Max: 10.4
Current: 7.8
-5.4
10.4
ROC (Joel Greenblatt) (%) 17.00
ELRC's ROC (Joel Greenblatt) (%) is ranked higher than
73% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 11.60 vs. ELRC: 17.00 )
ELRC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -33   Max: 29.6
Current: 17
-33
29.6
Revenue Growth (%) 18.5
ELRC's Revenue Growth (%) is ranked higher than
97% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.10 vs. ELRC: 18.5 )
ELRC' s 10-Year Revenue Growth (%) Range
Min: -18.5   Max: 18.5
Current: 18.5
-18.5
18.5
EBITDA Growth (%) 9.8
ELRC's EBITDA Growth (%) is ranked higher than
88% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.10 vs. ELRC: 9.8 )
ELRC' s 10-Year EBITDA Growth (%) Range
Min: -40.8   Max: 38.8
Current: 9.8
-40.8
38.8
EPS Growth (%) 22.8
ELRC's EPS Growth (%) is ranked higher than
94% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.50 vs. ELRC: 22.8 )
ELRC' s 10-Year EPS Growth (%) Range
Min: -21.1   Max: 22.8
Current: 22.8
-21.1
22.8
ยป ELRC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ELRC Guru Trades in Q2 2012

Jim Simons 258,756 sh (+9.85%)
Chuck Royce 487,274 sh (+0.29%)
Jean-Marie Eveillard 75,600 sh (unchged)
Private Capital 486,850 sh (-0.5%)
» More
Q3 2012

ELRC Guru Trades in Q3 2012

Chuck Royce 487,274 sh (unchged)
Private Capital 479,725 sh (-1.46%)
Jean-Marie Eveillard 71,600 sh (-5.29%)
Jim Simons 236,356 sh (-8.66%)
» More
Q4 2012

ELRC Guru Trades in Q4 2012

Jim Simons 238,700 sh (+0.99%)
Chuck Royce 487,274 sh (unchged)
Jean-Marie Eveillard 71,600 sh (unchged)
Private Capital 449,125 sh (-6.38%)
» More
Q1 2013

ELRC Guru Trades in Q1 2013

Jim Simons 244,900 sh (+2.6%)
Jean-Marie Eveillard 71,600 sh (unchged)
Chuck Royce 484,190 sh (-0.63%)
Private Capital 442,655 sh (-1.44%)
» More
» Details

Insider Trades

Latest Guru Trades with ELRC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2010-06-30 Add 258.52%0.01%$12.28 - $15.11 $ 17.0823%82100
Private Capital 2010-03-31 Reduce -25.98%0.15%$10.93 - $13.62 $ 17.0843%720645
Jean-Marie Eveillard 2010-03-31 Reduce -72.11%$10.93 - $13.62 $ 17.0843%22900
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 18.20
ELRC's P/E(ttm) is ranked higher than
72% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 15.70 vs. ELRC: 18.20 )
ELRC' s 10-Year P/E(ttm) Range
Min: 9.5   Max: 34.53
Current: 18.2
9.5
34.53
P/B 1.65
ELRC's P/B is ranked lower than
59% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.27 vs. ELRC: 1.65 )
ELRC' s 10-Year P/B Range
Min: 0.79   Max: 2.09
Current: 1.65
0.79
2.09
P/S 1.61
ELRC's P/S is ranked lower than
67% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.89 vs. ELRC: 1.61 )
ELRC' s 10-Year P/S Range
Min: 0.98   Max: 3.98
Current: 1.61
0.98
3.98
EV-to-EBIT 11.27
ELRC's EV-to-EBIT is ranked higher than
87% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 16.80 vs. ELRC: 11.27 )
ELRC' s 10-Year EV-to-EBIT Range
Min: 5.3   Max: 17.7
Current: 11.27
5.3
17.7
PEG 2.17
ELRC's PEG is ranked higher than
96% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.20 vs. ELRC: 2.17 )
ELRC' s 10-Year PEG Range
Min: 0.36   Max: 39.82
Current: 2.17
0.36
39.82
Shiller P/E 20.33
ELRC's Shiller P/E is ranked higher than
82% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 12.55 vs. ELRC: 20.33 )
ELRC' s 10-Year Shiller P/E Range
Min: 10.81   Max: 30.55
Current: 20.33
10.81
30.55

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 4.68
ELRC's Dividend Yield is ranked higher than
93% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.31 vs. ELRC: 4.68 )
ELRC' s 10-Year Dividend Yield Range
Min: 0.65   Max: 7.97
Current: 4.68
0.65
7.97
Dividend Payout 0.9
ELRC's Dividend Payout is ranked higher than
58% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.56 vs. ELRC: 0.9 )
ELRC' s 10-Year Dividend Payout Range
Min: 0.56   Max: 1.28
Current: 0.9
0.56
1.28
Dividend growth (3y) 7.5
ELRC's Dividend growth (3y) is ranked higher than
97% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: -4.95 vs. ELRC: 7.5 )
ELRC' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 7.5
Current: 7.5
0
7.5
Yield on cost (5-Year) 8.36
ELRC's Yield on cost (5-Year) is ranked higher than
97% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.24 vs. ELRC: 8.36 )
ELRC' s 10-Year Yield on cost (5-Year) Range
Min: 1.16   Max: 14.17
Current: 8.36
1.16
14.17
Share Buyback Rate 0.8
ELRC's Share Buyback Rate is ranked higher than
95% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: -2.60 vs. ELRC: 0.8 )
ELRC' s 10-Year Share Buyback Rate Range
Min: 2   Max: -1
Current: 0.8

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 17.2
ELRC's Price/Net Current Asset Value is ranked higher than
90% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 8.00 vs. ELRC: 17.2 )
ELRC' s 10-Year Price/Net Current Asset Value Range
Min: 14   Max: 35.7
Current: 17.2
14
35.7
Price/Tangible Book 1.7
ELRC's Price/Tangible Book is ranked higher than
72% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.80 vs. ELRC: 1.7 )
ELRC' s 10-Year Price/Tangible Book Range
Min: 1   Max: 2
Current: 1.7
1
2
Price/Median PS Value 0.7
ELRC's Price/Median PS Value is ranked higher than
61% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.00 vs. ELRC: 0.7 )
ELRC' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.7
Current: 0.7
0.5
1.7
Price/Peter Lynch Fair Value 2.5
ELRC's Price/Peter Lynch Fair Value is ranked higher than
97% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.75 vs. ELRC: 2.5 )
ELRC' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.7   Max: 2
Current: 2.5
0.7
2
Price/Graham Number 1.1
ELRC's Price/Graham Number is ranked higher than
83% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.90 vs. ELRC: 1.1 )
ELRC' s 10-Year Price/Graham Number Range
Min: 0.9   Max: 1.3
Current: 1.1
0.9
1.3
Earnings Yield (Greenblatt) 8.90
ELRC's Earnings Yield (Greenblatt) is ranked higher than
87% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 6.65 vs. ELRC: 8.90 )
ELRC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 5.6   Max: 18.8
Current: 8.9
5.6
18.8
Forward Rate of Return (Yacktman) 6.16
ELRC's Forward Rate of Return (Yacktman) is ranked higher than
96% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.41 vs. ELRC: 6.16 )
ELRC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -28.5   Max: 40.7
Current: 6.16
-28.5
40.7

Business Description

Electro Rent Corporation was incorporated in California in 1965 and became a publicly held corporation in 1980. Electro Rent engages in the rental, lease and sale of state-of-the-art electronic equipment, primarily test and measurement equipment and personal computer-related data products equipment. The Company purchases that equipment from manufacturers such as Agilent and Tektronix primarily for use by its customers in the aerospace, defense, telecommunications, electronics, industrial and semiconductor industries. To maximize its overall profit from the rental, leasing, and sales of equipment, the Company manages its equipment pool on an on-going basis by controlling the timing, pricing and mix of its purchases and sales of equipment. A large part of T&M's equipment portfolio is rented or leased to companies in the aerospace and defense, semiconductor, electronics and telecommunications industries, for use in research and development activities and that a significant amount of this equipment is used in connection with government-generated projects. The Company's main competitors in the North American T&M rental area include McGrath Rent Corp., Continental Resources, Test Equity and Microlease plc. It competes for rental business with Microlease plc and Livingston Group Ltd. in Europe and Orix Corporation in Asia.
Company Website
SEC Reports
Industry: Rental & Leasing Services
Compare:BOX, TAL, HTZ, URI, AYR
ยป More Articles for ELRC

Headlines

Articles On GuruFocus.com
Electro Rent: Borrowing to Pay Special Dividend Raises Concerns Jan 29 2013 
5 Stocks For Growth and Income In 2012 Apr 01 2012 
The Best Dividends on March 16, 2012 Mar 15 2012 
8 Stocks Providing Positive Feedback with Higher Dividends Jun 06 2011 
Guru Stocks Raising Dividends: LOW, ELRC, HT, MCRL, DEI Jun 06 2011 
Daily Dividend Roundup: ROK, DAKT, ELRC, JOYG, HT Jun 03 2011 
Electro Rent Corp. Reports Operating Results (10-Q) Apr 03 2009 
Electro Rent Corp. Reports Operating Results for Fiscal Quarter Ended on 2008-11-30 Dec 23 2008 

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