Is MRC Global, Inc. overvalued or undervalued?

Oct 19 2025 12:03 PM IST
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As of October 17, 2025, MRC Global, Inc. is considered overvalued with a P/E ratio of 23, an EV to EBITDA of 11.13, and underperformance in returns compared to the S&P 500, indicating a shift from fair to very expensive valuation.
As of 17 October 2025, MRC Global, Inc. has moved from a fair to a very expensive valuation grade. The company appears to be overvalued, especially when considering its P/E ratio of 23, which is significantly higher than peers like Sunoco LP at 26.68 and GMS, Inc. at 26.67. Additionally, MRC Global's EV to EBITDA stands at 11.13, which is less favorable compared to Sunoco LP's 11.19, indicating a higher valuation relative to earnings before interest, taxes, depreciation, and amortization.

The company's return metrics also reflect a concerning trend, with a year-to-date return of 4.15% compared to the S&P 500's 13.30%, and a three-year return of 46.75% versus the S&P 500's 81.19%. This underperformance reinforces the notion that MRC Global, Inc. is currently overvalued in the market.
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