McGrath RentCorpMGRC +2.39%90 Piotroski F-Score is 6 as of Jun. 25, 2026, which is at its 10-year median of 6.00. GuruFocus rates MGRC with a GF Score™ of 90/100 and a GF Value™ of $122.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,063 Business Services companies, McGrath RentCorp ranks better than 72.25% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
McGrath RentCorp has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for McGrath RentCorp's Piotroski F-Score or its related term are showing as below:
MGRC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of McGrath RentCorp was 8. The lowest was 3. And the median was 6.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
McGrath RentCorp Piotroski F-Score Related Terms
McGrath RentCorp Piotroski F-Score Historical Data
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The historical data trend for McGrath RentCorp's Piotroski F-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MGRC vs CTOS, HTZ, VSTS: Piotroski F-Score Comparison
For the Rental & Leasing Services subindustry, McGrath RentCorp's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
McGrath RentCorp Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, McGrath RentCorp's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where McGrath RentCorp's Piotroski F-Score falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
McGrath RentCorp's current Net Income (TTM) was 155.1.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
McGrath RentCorp's return on assets of this year was 0.06918472. McGrath RentCorp's return on assets of last year was 0.10474952.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
McGrath RentCorp's gearing of this year was 0.2342238. McGrath RentCorp's gearing of last year was 0.24559794.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
McGrath RentCorp's current ratio of this year was 0.84002396. McGrath RentCorp's current ratio of last year was 0.86759255.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
McGrath RentCorp's number of shares in issue this year was 24.664. McGrath RentCorp's number of shares in issue last year was 24.622.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
McGrath RentCorp's gross margin of this year was 0.48073543. McGrath RentCorp's gross margin of last year was 0.47748416.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
McGrath RentCorp's asset turnover of this year was 0.42249766. McGrath RentCorp's asset turnover of last year was 0.4058141.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
McGrath RentCorp has an F-score of 6 indicating the company's financial situation is typical for a stable company.
McGrath RentCorp (MGRC) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on McGrath RentCorp and its competitors. This is near median its historical median of 6.00. Over the past decade, McGrath RentCorp's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, McGrath RentCorp ranks #295 out of 1063 companies in the Business Services industry, placing it in the top 27.8%.
Is McGrath RentCorp's Piotroski F-Score too high?
McGrath RentCorp's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. McGrath RentCorp's value of 6 is 20% above this industry median. Based on the distribution chart, McGrath RentCorp ranks #295 out of 1063 companies in the Business Services industry, which is above the industry midpoint. Overall, McGrath RentCorp has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McGrath RentCorp's Piotroski F-Score compare to CTOS and HTZ?
According to the Business Services industry distribution chart, McGrath RentCorp ranks #295 out of 1063 companies for Piotroski F-Score. This puts McGrath RentCorp in the upper half of its industry. The industry median Piotroski F-Score is 5.00. McGrath RentCorp's value of 6 is 20% above this benchmark. Historically, McGrath RentCorp's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, McGrath RentCorp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McGrath RentCorp's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on McGrath RentCorp and its competitors. For the Business Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McGrath RentCorp's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McGrath RentCorp stock overvalued right now?
Based on GuruFocus' analysis, McGrath RentCorp (MGRC) is currently considered Fairly Valued. The stock's GF Value™ is $122.13, compared to a current price of $124.70 — trading 2.1% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Business Services industry median of 5.00. McGrath RentCorp's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For McGrath RentCorp (MGRC), the current Piotroski F-Score is 6 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is McGrath RentCorp (MGRC) Overvalued in 2026?
Based on GuruFocus' analysis, McGrath RentCorp stock appears to be overvalued.
The current stock price of $124.70 is trading 2.1% above its estimated GF Value™ of $122.13.
GuruFocus considers McGrath RentCorp to be Fairly Valued.
Key valuation signals for MGRC:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: $122.13 vs. price of $124.70 (2.1% above fair value)
Industry Position: 20% above the Business Services median (#295 of 1063)
No single metric tells the full story. See the MGRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McGrath RentCorp is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers, and electronic test equipment. It comprises four reportable business segments, namely the Modular Building segment (Mobile Modular), which generates maximum revenue; the Portable Storage segment (Portable Storage); the Electronic Test Equipment segment (TRS-RenTelco); and its classroom manufacturing business (Enviroplex), which sells modular buildings used as classrooms in California. The company generates its revenues mainly from the rental of its equipment under operating leases, with sales of equipment occurring in the normal course of business.
90GF Score
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