McCoy Global (TSX:MCB) Research & Development: C$4.98 Mil (TTM As of Mar. 2026)


TSX:MCB McCoy Global Inc TSX:MCB
71 GF Score
Price C$2.30
GF Value C$2.24
Valuation Fairly Valued
! 4 Warning Signs
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What is McCoy Global Research & Development?

McCoy Global TSX:MCB +1.32% 71 Research & Development is C$4.98 Mil as of Mar. 2026. GuruFocus rates TSX:MCB with a GF Score™ of 71/100 and a GF Value™ of C$2.24 (Fairly Valued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. McCoy Global's Research & Development for the three months ended in Mar. 2026 was C$1.13 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was C$4.98 Mil.

McCoy Global  (TSX:MCB) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

McCoy Global Research & Development Related Terms

McCoy Global Research & Development Historical Data

* Premium members only.

The historical data trend for McCoy Global's Research & Development 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.

McCoy Global Research & Development Chart

McCoy Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 2.96 4.07 4.70 5.22

McCoy Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 1.49 0.87 1.49 1.13
TSX:MCB
71GF Score
McCoy Global Inc TSX:MCB
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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McCoy Global Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4.98 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of C$4.98 Mil mean?
McCoy Global (TSX:MCB) has a Research & Development of C$4.98 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on McCoy Global and its competitors.
Is McCoy Global's Research & Development too high?
McCoy Global's current Research & Development is C$4.98 Mil. Overall, McCoy Global has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McCoy Global's Research & Development compare to SLB and BKR?
McCoy Global's Research & Development of C$4.98 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on McCoy Global and its competitors. McCoy Global's current Research & Development is C$4.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McCoy Global stock overvalued right now?
Based on GuruFocus' analysis, McCoy Global (TSX:MCB) is currently considered Fairly Valued. The stock's GF Value™ is C$2.24, compared to a current price of C$2.30 — trading 2.7% above its estimated fair value. The current Research & Development is C$4.98 Mil. McCoy Global's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For McCoy Global (TSX:MCB), the current Research & Development is C$4.98 Mil as of Mar. 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 McCoy Global (TSX:MCB) Overvalued in 2026?

Based on GuruFocus' analysis, McCoy Global stock appears to be overvalued. The current stock price of C$2.30 is trading 2.7% above its estimated GF Value™ of C$2.24. GuruFocus considers McCoy Global to be Fairly Valued.

Key valuation signals for TSX:MCB:

  • Research & Development: C$4.98 Mil
  • GF Value™: C$2.24 vs. price of C$2.30 (2.7% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the TSX:MCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

McCoy Global Business Description

Industry EnergyOil & Gas
Other Exchanges MCCRF:USA773:Germany
Address 14727 87th Avenue NW, Suite 300, Edmonton, AB, CAN, T5R 4E5
McCoy Global Inc is a provider of equipment and technologies designed to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the energy industry across the globe. Its products are used predominantly during the well construction phase for both land and offshore wells during both oil and gas exploration and development. The company's products include: smarTR Product Suite, Wellbore Construction Equipment, Sensors for Harsh Environments, Parts & Consumables, Control and Monitoring Systems, Equipment Rental, Service, Calibration & Training, DRAWWORKS Products, and Others. Geographically, the company oanperates in United States & Latin America, which derives key revenue; Middle East & Africa; Europe; Asia Pacific; and Canada.
71GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.30
Price
C$2.24
GF Value