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WillScot Mobile Mini Holdings Corp. Stock Research

WSC

44.20USD-0.92(-2.04%)Delayed

Market Summary

USD44.20-0.92
Delayed
-2.04%

WSC Alerts

WSC Stock Price

WSC RSI Chart

WSC Valuation

Market Cap

9.2B

Price/Earnings (Trailing)

27.07

Price/Sales (Trailing)

4.29

EV/EBITDA

21.34

Price/Free Cashflow

13.11

WSC Price/Sales (Trailing)

WSC Profitability

EBT Margin

17.04%

Return on Equity

21.69%

Return on Assets

5.83%

Free Cashflow Yield

7.63%

WSC Fundamentals

WSC Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

28.13%

Revenue Q/Q

2.17%

WSC Earnings

Earnings (TTM)

339.5M

Earnings Y/Y

16.41%

Earnings Q/Q

-32.81%

Price Action

52 Week Range

30.5253.46
(Low)(High)

Last 7 days

-6.0%

Last 30 days

-10.2%

Last 90 days

-3.2%

Trailing 12 Months

12.0%

WSC Financial Health

Current Ratio

0.93

Debt/Equity

1.96

Debt/Cashflow

0.24

WSC Investor Care

Buy Backs (1Y)

99.91%

Diluted EPS (TTM)

1.53

Peers (Alternatives to WillScot Mobile Mini Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
117.7B
66.6B
-4.00% 4.49%
-23.86
1.77
6.94% -17.44%
55.6B
34.2B
-7.16% -29.91%
9.62
1.62
-3.18% -2.43%
23.0B
17.1B
8.34% 21.28%
46.79
1.35
31.54% 1.08%
16.0B
15.3B
6.71% -16.13%
24.73
1.04
8.87% 82.38%
11.3B
13.3B
-7.91% 3.63%
33.47
0.85
-0.23% 61.54%
9.2B
2.1B
-10.22% 12.01%
27.07
4.29
28.07% 112.02%
MID-CAP
6.8B
4.3B
-3.52% 27.43%
30.72
1.71
24.09% 17.08%
4.9B
5.7B
-15.66% 2.43%
64.49
0.87
13.87% -35.95%
SMALL-CAP
1.1B
2.3M
-29.19% -57.86%
-2.26
488.38
-29.77% -41.73%
769.4M
50.8M
-35.62% -84.47%
-0.98
15.14
1229.98% -13.59%
666.7M
2.3B
-3.04% 28.83%
-8.54
0.29
30.38% -1232.47%
394.1M
401.3M
-8.01% 0.14%
13.74
0.98
27.07% 290.25%
164.9M
496.8M
26.74% 136.28%
24.25
0.33
1.31% 1.27%
9.6M
28.7M
-29.50% -59.35%
-1.2
0.33
-22.82% 11.32%

Financials for WillScot Mobile Mini Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue6.4%2,1432,0131,8681,7501,673
Gross Profit7.7%1,1351,054976893845
  S&GA Expenses0.3%567565547508464
EBITDA10.0%574522540460-
EBITDA Margin3.3%0.27*0.26*0.26*0.23*-
Earnings Before Taxes12.5%365325271212151
EBT Margin5.6%0.17*0.16*0.16*0.13*-
Interest Expenses11.4%146131122118116
Net Income3.7%340327260207160
Net Income Margin-2.6%0.16*0.16*0.12*0.10*-
Free Cahsflow7.5%701652579530-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.3%5,8285,8105,9795,8585,774
  Current Assets-3.6%521540540496483
    Cash Equivalents-52.1%7.0015.0012.0011.006.00
  Inventory-8.6%41.0045.0042.0040.0030.00
  Goodwill-5.0%1,0111,0651,1721,1771,014
Liabilities3.2%4,2624,1294,2053,8923,777
  Current Liabilities-8.6%562615597529518
  Long Term Debt4.3%3,0632,9363,0182,7912,672
Shareholder's Equity-6.9%1,5651,6811,7741,9661,997
  Retained Earnings6.5%-1,251-1,337-1,466-1,539-1,591
  Additional Paid-In Capital-7.2%2,8873,1123,2963,5373,617
Accumulated Depreciation-128----
Shares Outstanding-2.7%208214223--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations7.6%745692612563540
  Share Based Compensation9.1%30.0027.0028.0028.0026.00
Cashflow From Investing25.2%-309-413-609-501-384
Cashflow From Financing-57.5%-429-272-5.78-77.08-167
  Buy Backs39.1%757544453239340

Risks for WSC

What is the probability of a big loss on WSC?

61.9%


Probability that WillScot Mobile Mini Holdings stock will be more than 20% underwater in next one year

40%


Probability that WillScot Mobile Mini Holdings stock will be more than 30% underwater in next one year.

37.3%


Probability that WillScot Mobile Mini Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WSC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if WillScot Mobile Mini Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for WSC

Cumulative Returns on WSC

24.2%


7-Year Cumulative Returns

26.9%


5-Year Cumulative Returns

70.5%


3-Year Cumulative Returns

What are the long-term rolling returns for WSC?

FIve years rolling returns for WillScot Mobile Mini Holdings.

Annualized Returns

Which funds bought or sold WSC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-54.45
-6,763,510
7,043,490
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-30.28
-340,000
1,208,000
0.01%
2023-02-28
Voya Investment Management LLC
added
243
112,269,000
151,713,000
0.21%
2023-02-24
SRS Capital Advisors, Inc.
added
10.25
12,141
64,141
0.01%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-42.14
-1,130,000
2,082,000
0.02%
2023-02-22
CVA Family Office, LLC
new
-
452
452
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
sold off
-100
-
-
-%
2023-02-21
MACQUARIE GROUP LTD
reduced
-3.53
4,803,000
65,719,000
0.08%
2023-02-17
EQUITABLE TRUST CO
sold off
-100
-254,000
-
-%
2023-02-17
TRUIST FINANCIAL CORP
reduced
-24.04
-47,755
271,245
-%

1–10 of 44

Latest Funds Activity

Are funds buying WSC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own WSC
No. of Funds

WillScot Mobile Mini Holdings News

Defense World

Sumitomo Life Insurance Co. Sells 195 Shares of Becton, Dickinson ....

Defense World,
4 hours ago

Schedule 13G FIlings of WillScot Mobile Mini Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.36%
19,555,613
SC 13G/A
Feb 07, 2023
blackrock inc.
6.2%
13,022,318
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G
Feb 03, 2022
blackrock inc.
8.6%
19,191,083
SC 13G/A
Oct 07, 2021
sapphire holding s.a r.l.
0%
0
SC 13D/A
Jul 14, 2021
sapphire holding s.a r.l.
10.32%
23,798,390
SC 13D/A
Mar 09, 2021
sapphire holding s.a r.l.
19.77%
44,738,058
SC 13D/A
Feb 10, 2021
vanguard group inc
6.32%
14,416,316
SC 13G
Feb 02, 2021
blackrock inc.
5.7%
12,933,120
SC 13G

WSC Fair Value

WillScot Mobile Mini Holdings fair value in different scenarios

The table shows the Fair Value estimates for WillScot Mobile Mini Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

29.77

-32.65%

38.29

-13.37%

71.87

62.60%

122.72

177.65%

203.86

361.22%
Current Inflation

27.20

-38.46%

34.46

-22.04%

63.12

42.81%

106.01

139.84%

174.39

294.55%
Very High Inflation

24.03

-45.63%

29.84

-32.49%

52.83

19.52%

86.68

96.11%

140.61

218.12%

Historical WillScot Mobile Mini Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of WillScot Mobile Mini Holdings

View All Filings
Date Filed Form Type Document
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 23, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading

Latest Insider Trading transactions for WSC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-21
Shanks Sally J
sold (taxes)
-22,894
47.4
-483
chief accounting officer
2023-03-21
Soultz Bradley Lee
sold (taxes)
-500,639
47.4
-10,562
chief executive officer
2023-03-21
Shanks Sally J
acquired
-
-
1,604
chief accounting officer
2023-03-21
Boswell Timothy D
acquired
-
-
8,555
president & cfo
2023-03-21
Soultz Bradley Lee
acquired
-
-
25,236
chief executive officer
2023-03-21
Boswell Timothy D
sold (taxes)
-169,739
47.4
-3,581
president & cfo
2023-03-05
Shanks Sally J
acquired
-
-
7,822
chief accounting officer
2023-03-05
Soultz Bradley Lee
sold (taxes)
-2,902,620
52.9
-54,870
chief executive officer
2023-03-05
Lopez Hezron T.
sold (taxes)
-664,847
52.9
-12,568
evp, cl & co & esg
2023-03-05
Lopez Hezron T.
acquired
-
-
30,393
evp, cl & co & esg

1–10 of 50

Bradley L. Soultz
4700
WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets. As of December 31, 2021, it had approximately 390,000 total units, which included 162,000 modular space units; 213,000 portable storage units; 13,000 tank and pump units; and other value-added products. The company offers its solutions primarily under the WillScot and Mobile Mini brands. WillScot Mobile Mini Holdings Corp. was incorporated in 2017 and is headquartered in Phoenix, Arizona.

WSC Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Total revenues$ 2,142,623$ 1,672,980$ 1,272,991
Costs:   
Depreciation of rental equipment256,719218,790192,190
Gross profit1,135,482844,703608,427
Expenses:   
Selling, general and administrative567,214464,278338,395
Transaction costs251,37564,053
Other depreciation and amortization62,38061,77735,181
Lease impairment expense and other related charges2542,8884,876
Restructuring costs(86)11,8666,109
Currency losses (gains), net886427(257)
Other (income) expense, net(6,673)1,715(1,722)
Operating income511,482300,377161,792
Interest expense146,278116,358119,319
Fair value loss (gain) on common stock warrant liabilities026,597(3,461)
Loss on extinguishment of debt05,99942,401
Income from continuing operations before income tax365,204151,4233,533
Income tax expense (benefit) from continuing operations88,86336,528(56,040)
Income from continuing operations276,341114,89559,573
Income from continuing operations attributable to non-controlling interest, net of tax001,213
Income from continuing operations attributable to WillScot Mobile Mini common shareholders276,341114,89558,360
Discontinued operations:   
Income from discontinued operations before income tax63,46858,26720,356
Income tax expense from discontinued operations35,72513,0184,589
Gain on sale of discontinued operations35,45600
Income from discontinued operations63,19945,24915,767
Net income$ 339,540$ 160,144$ 74,127
Earnings per share from continuing operations attributable to WillScot Mobile Mini common shareholders:   
Basic (in USD per share)$ 1.27$ 0.51$ 0.35
Diluted (in USD per share)1.250.490.16
Earnings per share from discontinued operations attributable to WillScot Mobile Mini common shareholders:   
Basic (in USD per share)0.300.200.09
Diluted (in USD per share)0.280.200.09
Earnings per share attributable to WillScot Mobile Mini common shareholders:   
Basic (in USD per share)1.570.710.44
Diluted (in USD per share)$ 1.53$ 0.69$ 0.25
Weighted average shares:   
Basic (in shares)216,808,577226,518,931169,230,177
Diluted (in shares)221,399,162232,793,902177,268,383
Total Leasing And Product And Service Revenues/Costs   
Revenues:   
Total revenues$ 2,142,623$ 1,672,980$ 1,272,991
Leasing Revenue   
Revenues:   
Leasing1,621,6901,252,490936,458
Costs:   
Leasing376,868282,576214,367
Delivery and installation   
Revenues:   
Revenues429,152321,129250,734
Total revenues429,152321,129250,734
Costs:   
Cost of sales322,636267,533202,734
New units   
Revenues:   
Revenues40,33846,99348,834
Total revenues40,33846,99348,834
Costs:   
Cost of sales24,01131,34831,799
Rental units   
Revenues:   
Revenues51,44352,36836,965
Total revenues51,44352,36836,965
Costs:   
Cost of sales$ 26,907$ 28,030$ 23,474

WSC Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 7,390$ 6,393
Trade receivables, net of allowance for credit losses at December 31, 2022 and December 31, 2021 of $57,048 and $45,773, respectively409,766351,285
Inventories41,03029,795
Prepaid expenses and other current assets31,63534,935
Assets held for sale - current31,22060,632
Total current assets521,041483,040
Rental equipment, net3,077,2872,777,800
Property, plant and equipment, net304,659258,176
Operating lease assets219,405218,752
Goodwill1,011,4291,013,601
Intangible assets, net419,125442,875
Other non-current assets6,6838,138
Assets held for sale - non-current268,022571,217
Total long-term assets5,306,6105,290,559
Total assets5,827,6515,773,599
Liabilities and equity  
Accounts payable108,071102,563
Accrued expenses110,820107,188
Accrued employee benefits56,34049,832
Deferred revenue and customer deposits203,793152,343
Operating lease liabilities - current50,49948,399
Current portion of long-term debt13,32411,968
Liabilities held for sale - current19,09545,352
Total current liabilities561,942517,645
Long-term debt3,063,0422,671,831
Deferred tax liabilities401,453305,674
Operating lease liabilities - non-current169,618169,729
Other non-current liabilities18,53715,737
Liabilities held for sale - non-current47,75996,220
Long-term liabilities3,700,4093,259,191
Total liabilities4,262,3513,776,836
Preferred Stock: $0.0001 par, 1,000,000 shares authorized and zero shares issued and outstanding at December 31, 2022 and 202100
Common Stock: $0.0001 par, 500,000,000 shares authorized and 207,951,682 and 223,939,527 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively2122
Additional paid-in-capital2,886,9513,616,902
Accumulated other comprehensive loss(70,122)(29,071)
Accumulated deficit(1,251,550)(1,591,090)
Total shareholders' equity1,565,3001,996,763
Total liabilities and shareholders' equity$ 5,827,651$ 5,773,599