Dashboard
1
High Debt Company with a Debt to Equity ratio (avg) at times
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 11.77% signifying low profitability per unit of shareholders funds
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Negative results in Jun 25
3
With ROE of 9.78%, it has a very attractive valuation with a 1.21 Price to Book Value
4
Majority shareholders : Mutual Funds
5
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
10.16%
0%
10.16%
6 Months
8.75%
0%
8.75%
1 Year
-2.11%
0%
-2.11%
2 Years
14.1%
0%
14.1%
3 Years
-0.65%
0%
-0.65%
4 Years
34.12%
0%
34.12%
5 Years
37.5%
0%
37.5%
Mullen Group Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
12.18%
EBIT Growth (5y)
11.56%
EBIT to Interest (avg)
4.93
Debt to EBITDA (avg)
2.24
Net Debt to Equity (avg)
0.68
Sales to Capital Employed (avg)
1.11
Tax Ratio
27.63%
Dividend Payout Ratio
60.26%
Pledged Shares
0
Institutional Holding
0.35%
ROCE (avg)
10.91%
ROE (avg)
11.77%
Valuation key factors
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
1.22
EV to EBIT
11.19
EV to EBITDA
6.38
EV to Capital Employed
1.12
EV to Sales
1.00
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.04%
ROE (Latest)
9.78%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Shareholding Snapshot : Mar 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 1 Schemes (0.34%)
Foreign Institutions
Held by 1 Foreign Institutions (0.0%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
540.90
497.10
8.81%
Operating Profit (PBDIT) excl Other Income
85.90
68.10
26.14%
Interest
12.70
11.50
10.43%
Exceptional Items
-6.70
0.50
-1,440.00%
Consolidate Net Profit
25.60
17.70
44.63%
Operating Profit Margin (Excl OI)
93.20%
68.30%
2.49%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 8.81% vs -0.38% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 44.63% vs -5.85% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
1,989.30
1,994.70
-0.27%
Operating Profit (PBDIT) excl Other Income
322.20
329.00
-2.07%
Interest
48.30
37.80
27.78%
Exceptional Items
20.20
-2.80
821.43%
Consolidate Net Profit
112.30
136.70
-17.85%
Operating Profit Margin (Excl OI)
96.20%
106.80%
-1.06%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -0.27% vs -0.24% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -17.85% vs -13.81% in Dec 2023
About Mullen Group Ltd. 
Mullen Group Ltd.
Transport Services
Mullen Group Ltd is a Canada-based company that supplies trucking and logistics services in Canada. The Company provides a range of specialized transportation and related services to the oil and natural gas industry in western Canada. It operates through three segments: Less-Than-Truckload, Logistics & Warehousing and Specialized & Industrial Services. Less-Than-Truckload Segment provides final or last mile delivery of general freight consisting of smaller shipments, packages and parcels. The Logistics & Warehousing segment provides shippers throughout North America with a range of trucking and logistics service offerings, including full truckload, warehousing, fulfillment centers that handle e-commerce transactions and transload facilities. The Specialized & Industrial Services segment is comprised of a range of businesses providing specialized equipment and services to the oil and natural gas, environmental, construction, pipeline, utility, telecom and civil industries.
Company Coordinates 
Company Details
121A-31 Southridge Dr , OKOTOKS AB : T1S 2N3
Registrar Details






