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Last $3.46 USD
Change Today -0.04 / -1.14%
Volume 109.0K
MIL On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

mfc industrial ltd (MIL) Snapshot

Open
$3.50
Previous Close
$3.50
Day High
$3.53
Day Low
$3.44
52 Week High
08/26/14 - $8.20
52 Week Low
07/27/15 - $3.44
Market Cap
216.4M
Average Volume 10 Days
126.3K
EPS TTM
$0.30
Shares Outstanding
62.6M
EX-Date
03/31/15
P/E TM
11.5x
Dividend
--
Dividend Yield
5.20%
Current Stock Chart for MFC INDUSTRIAL LTD (MIL)

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mfc industrial ltd (MIL) Details

MFC Industrial Ltd., a supply chain company, engages in sourcing and supplying various products worldwide. The company operates in three segments: Global Supply Chain, Trade Finance and Services, and All Other. It is involved in sourcing and supplying various products, including metals, ceramics, minerals, natural gas, various steel products and ferro-alloys, chemicals, plastics, food and beverage additives, animal feed, and wood products. It also provides logistics, supply chain management, and other services to producers and consumers of its products; sub-leases the land on Wabush iron ore mine located in Newfoundland and Labrador, Canada; and holds 50% interest in the Pea Ridge Iron Ore mine located in Sullivan, Missouri, the United States. In addition, the company offers trade finance and services, including third-party financing and other services, proprietary investing, and real property services. Further, it finances joint ventures; and provides medical services, equipment, and supplies. The company was formerly known as Terra Nova Royalty Corporation and changed its name to MFC Industrial Ltd. in September 2011. MFC Industrial Ltd. was incorporated in 1951 and is based in Vancouver, Canada.

809 Employees
Last Reported Date: 03/31/15
Founded in 1951

mfc industrial ltd (MIL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $533.6K
Chief Financial Officer and Deputy Chief Exec...
Total Annual Compensation: $182.8K
Managing Director and Director
Total Annual Compensation: $391.2K
Executive Vice President
Total Annual Compensation: $291.7K
Senior Vice President of Finance for Europe
Total Annual Compensation: $186.0K
Compensation as of Fiscal Year 2014.

mfc industrial ltd (MIL) Key Developments

MFC Industrial Ltd. Announces Director Resignations

MFC Industrial Ltd. announced that in connection with the company's new direction to focus on trade and structure finance including with its proposed acquisition of a Western European bank, Peter Kellogg and William Horn have stepped down as directors of the company. In connection with its new focus, the company is conducting a search for candidates with experience and expertise with export credit agencies, trade finance and banking, particularly in Europe, in order to enhance its board.

MFC Industrial Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

MFC Industrial Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. Revenues for the quarter ended March 31, 2015 reached $334.5 million, an increase of 44.6% over the same period in 2014, as a result of organic growth in certain product lines and an overall increase in supply chain revenue due to the consolidation of recent acquisitions, partially offset by lower natural gas prices and other products and a weaker Euro and Canadian dollar. Operating EBITDA was $19.6 million against $17.7 million for the same period in 2014. Net income attributable to shareholders was $6,314,000 against $5,801,000 a year ago. Earnings per share, basic and diluted were $0.10 against $0.09 a year ago. Income before income taxes was $10,269,000 against $8,812,000 a year ago. Income from operations was $9,026,000 against $12,755,000 a year ago. Cash flows provided by operating activities were $56,873,000 against $31,336,000 a year ago. Purchases of property, plant and equipment, net was $949,000 against $282,000 a year ago. Purchases of hydrocarbon assets, net were $435,000 against $1,265,000 a year ago.

MFC Industrial Seeks Acquisitions

MFC Industrial Ltd. (NYSE:MIL) is looking for acquisitions. The company said "We expect that there will be acquisitions of businesses or commitments to projects in the future. To achieve the long-term goals of expanding our assets and earnings, including through acquisitions, capital resources will be required."

 

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Industry Analysis

MIL

Industry Average

Valuation MIL Industry Range
Price/Earnings 100.0x
Price/Sales 0.1x
Price/Book 0.3x
Price/Cash Flow 7.4x
TEV/Sales NM Not Meaningful
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