Global Industrial Company (GIC) vs MSC Industrial Direct Company, Inc. (MSM)

Global Industrial Company and MSC Industrial Direct Company, Inc. are both Industrial Distribution companies. MSC Industrial Direct Company, Inc. is the larger, with a market value of $6.2B against $1.8B — 3.4× the size. Global Industrial Company trades at the lower P/E: 19.6× against 27.8×. Global Industrial Company grew revenue faster over the last twelve months: 10.2% against 6.37%. Global Industrial Company has the higher net margin (6.31% vs 5.55%) and the higher return on invested capital (31.9% vs 10.9%). Both pay a dividend; MSC Industrial Direct Company, Inc. yields more (3.14% vs 2.34%). Across the 23 metrics below, Global Industrial Company leads on 20 and MSC Industrial Direct Company, Inc. on 3.

Valuation

Metric GIC MSM Industrial Distribution median
P/E 19.55 27.77 25.87
P/S 1.22 1.54 1.08
P/B 5.01 4.34 3.44
Price to free cash flow 16.53 27.34 18.74
EV/EBITDA 12.90 15.58 13.98
EV/Sales 1.14 1.65 1.26
Earnings yield 5.11% 3.60% 3.49%
Free cash flow yield 6.05% 3.66% 4.52%

Profitability

Metric GIC MSM Industrial Distribution median
Gross margin 36.36% 40.88% 29.98%
Operating margin 8.30% 7.99% 7.44%
Net margin 6.31% 5.55% 4.55%
Free cash flow margin 7.38% 5.64% 4.24%
Return on equity 27.55% 15.77% 13.19%
Return on assets 15.02% 8.96% 5.00%
Return on invested capital 31.94% 10.90% 7.52%

Growth

Metric GIC MSM Industrial Distribution median
Revenue growth (TTM) 10.20% 6.37% 7.51%
EPS growth (last fiscal year) 17.09% 11.48% (3.98%)
Revenue growth, 5-year CAGR 6.03% 4.33% 9.06%
Net income growth, 5-year CAGR 1.97% 0.52% 0.52%

Health

Metric GIC MSM Industrial Distribution median
Debt to equity 0.00 0.33 0.40
Current ratio 2.37 1.78 2.41
Net debt to EBITDA (0.64) 0.97 1.17

Dividend

Metric GIC MSM Industrial Distribution median
Dividend yield 2.34% 3.14% 1.11%
Payout ratio 0.46 0.87 0.38

Size

Metric GIC MSM Industrial Distribution median
Market cap 1.80b 6.20b 5.10b

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