Financials WillScot Mobile Mini Holdings Corp.

Equities

WSC

US9713781048

Business Support Services

Market Closed - Nasdaq 04:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
39.15 USD +1.11% Intraday chart for WillScot Mobile Mini Holdings Corp. +3.63% -12.02%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,011 5,285 9,114 9,436 8,528 7,380 - -
Enterprise Value (EV) 1 3,640 7,730 11,813 9,436 12,074 10,770 10,560 10,585
P/E ratio -185 x 56.5 x 59.2 x 29.5 x 26.3 x 20.1 x 14.9 x 11.4 x
Yield - - - - - - - -
Capitalization / Revenue 1.89 x 3.86 x 4.81 x 4.4 x 3.61 x 2.91 x 2.66 x 2.28 x
EV / Revenue 3.42 x 5.65 x 6.23 x 4.4 x 5.11 x 4.24 x 3.81 x 3.27 x
EV / EBITDA 10.2 x 14.6 x 16 x 9.73 x 11.4 x 9.36 x 8.23 x 7.66 x
EV / FCF 182 x 47.6 x 39 x - 20.9 x 17.8 x 15.4 x 13.8 x
FCF Yield 0.55% 2.1% 2.57% - 4.78% 5.63% 6.5% 7.26%
Price to Book 3.12 x 2.48 x 4.58 x - 7.12 x 5.6 x 5.18 x 5.15 x
Nbr of stocks (in thousands) 108,751 228,076 223,154 208,890 191,630 190,598 - -
Reference price 2 18.49 23.17 40.84 45.17 44.50 38.72 38.72 38.72
Announcement Date 3/2/20 2/25/21 2/24/22 2/21/23 2/20/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,064 1,368 1,895 2,143 2,365 2,538 2,769 3,241
EBITDA 1 356.5 530.3 740.4 969.6 1,061 1,150 1,282 1,382
EBIT 1 169.5 286.5 424.8 626.1 722.8 768.3 874.4 978
Operating Margin 15.93% 20.95% 22.42% 29.22% 30.57% 30.27% 31.57% 30.18%
Earnings before Tax (EBT) 1 -13.73 20.43 209.7 365.2 468.4 513.1 653.8 803.2
Net income 1 -11.12 70.67 160.1 339.5 476.5 380.1 484.3 602.4
Net margin -1.05% 5.17% 8.45% 15.85% 20.15% 14.98% 17.49% 18.59%
EPS 2 -0.1000 0.4100 0.6900 1.530 1.690 1.929 2.594 3.410
Free Cash Flow 1 19.98 162.3 303 - 576.6 606.2 686.8 768
FCF margin 1.88% 11.87% 15.99% - 24.38% 23.88% 24.8% 23.7%
FCF Conversion (EBITDA) 5.6% 30.6% 40.93% - 54.32% 52.7% 53.56% 55.59%
FCF Conversion (Net income) - 229.64% 189.22% - 121.02% 159.49% 141.82% 127.49%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/2/20 2/25/21 2/24/22 2/21/23 2/20/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 490.6 517.9 508.9 581.6 604.2 590.6 565.5 582.1 604.8 612.4 580.9 620.2 658.1 679.1 630.9
EBITDA 1 190.1 211.2 191.8 233.3 264.4 280.1 246.8 261.3 265.5 287.8 243.1 277.8 304.1 326.4 270.2
EBIT 1 96.95 129.4 110 147.1 175.1 193.9 170.5 179.5 180.7 192.1 149.3 185.2 209.9 231.5 172
Operating Margin 19.76% 24.99% 21.62% 25.29% 28.98% 32.84% 30.15% 30.84% 29.87% 31.37% 25.7% 29.87% 31.9% 34.09% 27.26%
Earnings before Tax (EBT) 1 67.75 87.82 66.92 98.09 126.7 126.7 106.8 119.3 124.3 118 84.9 117.1 141.5 161.6 121.7
Net income 1 61.1 74.22 51.17 73.38 128.6 86.4 210.9 87.73 91.52 86.33 63.15 88.02 105.6 119.7 90
Net margin 12.46% 14.33% 10.06% 12.62% 21.28% 14.63% 37.29% 15.07% 15.13% 14.1% 10.87% 14.19% 16.05% 17.63% 14.26%
EPS 2 0.2600 0.3200 0.2200 0.3200 0.5900 0.4000 1.000 0.4300 0.4600 0.4400 0.3225 0.4223 0.5489 0.6363 0.4890
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/4/21 2/24/22 4/27/22 8/3/22 11/2/22 2/21/23 4/26/23 8/2/23 11/1/23 2/20/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,630 2,445 2,700 - 3,546 3,390 3,180 3,205
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.57 x 4.611 x 3.646 x - 3.341 x 2.947 x 2.48 x 2.32 x
Free Cash Flow 1 20 162 303 - 577 606 687 768
ROE (net income / shareholders' equity) 5.35% 5.07% 7.89% - 34.5% 30.8% 41.7% 50.8%
ROA (Net income/ Total Assets) -0.39% 1.67% 2.82% - 8.15% 6% 7.33% 8.6%
Assets 1 2,825 4,235 5,673 - 5,850 6,333 6,604 7,008
Book Value Per Share 2 5.930 9.350 8.920 - 6.250 6.910 7.480 7.510
Cash Flow per Share 2 1.590 1.760 2.320 - 3.770 4.300 4.970 5.850
Capex 1 8.34 16.5 30.5 - 185 268 282 298
Capex / Sales 0.78% 1.2% 1.61% - 7.81% 10.55% 10.18% 9.18%
Announcement Date 3/2/20 2/25/21 2/24/22 2/21/23 2/20/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
38.72 USD
Average target price
52.4 USD
Spread / Average Target
+35.33%
Consensus
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