TSE:MCB
McCoy Corp. (MCB.TO)
Financials 
Technical Analysis 
Jul 21, 2026, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
McCoy Corp. (MCB-T) is currently experiencing some challenges, notably a temporary suspension of dividends, which is viewed negatively as similar pauses can last several years. Despite this, the company reported earnings per share (EPS) of 24 cents, surpassing the estimated 10 cents, and revenue of $25.6 million, exceeding the forecast of $22.6 million, indicating robust operational performance. Their EBITDA of $6.5 million was 33% above expectations. The ongoing conflict in the Middle East, which affects two-thirds of their project backlog, necessitates cost-saving measures, including a workforce reduction that is projected to save about $2 million. While the balance sheet remains relatively healthy, the trailing twelve-month cash flow has turned negative, adding a layer of risk considering the company’s small size. Experts recommend a HOLD rating, noting the stock's cheap valuation at 6x earnings with the expectation that the current conflict will eventually resolve.
Hasn’t looked at this for a year or two. A decent business, but you have to remember this is an oil field services business. This sector has been absolutely battered in the last year. This is a very small company. Hitting a 52-week high is an aberration. If you own, he would consider taking some profits at this point.
Has taken a bit of a breather here. Almost 6% dividend. Have some interesting opportunities offshore, which is obviously going to be a big part of the big North American scene if the US does decide to drill.
Fabrice Taylor
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Really quite a good company. Manufactures farm equipment and other industrial products. Likes how they think. Came out with some new products about a year ago and it hurt their short-term performance. They were of the view that the products were good and the revenues would kick in later. So the stock took a bit of it for a couple of quarters. Great products, sales are picking up, margins are improving and it’s up to a new high. Could be a takeout candidate. Not expensive.