MG
Mistras Group, Inc.
MG's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over MG overall, supported by stronger modeled upside and stronger valuation.
MG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
MG's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
MG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $20.19 | — |
| Cheap | 22x | $13.98 | -31% |
| Current | 32x | $20.19 | — |
| Fair | 33x | $20.98 | +3.9% |
| Expensive | 65x | $40.64 | +101% |
Historical ranges are pointers, not guarantees.
MG's PE is in its fair range at 32x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over MG in the historical PE scenario, which offers more potential upside but is not a forecast.
MG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for MG, with profitability improving. However, they disagree widely on these estimates.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
MG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.23 | +95% |
| Q3 2026 | $0.63 | +8.6% |
| Q2 2026 | $0.83 | +124% |
| Q1 2026 | $0.70 | +49% |
| Q4 2025 | $0.53 | -12% |
| Q3 2025 | $0.58 | +66% |
| Q2 2025 | $0.37 | +$0.56 |
| Q1 2025 | $0.47 | +$0.85 |
| Q4 2024 | $0.60 | +$1.18 |
MG earned $0.63 per share over the past year, up 8.6% from the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over MG on earnings, with more consistent year-over-year improvement.
MG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $204.6M | +4.6% |
| Q2 2026 | $193.1M | +4.2% |
| Q1 2026 | $169M | +4.6% |
| Q4 2025 | $181.5M | +5.1% |
| Q3 2025 | $195.5M | +7% |
| Q2 2025 | $185.4M | -2.3% |
| Q1 2025 | $161.6M | -12% |
| Q4 2024 | $172.7M | -5.1% |
MG's revenue has grown year over year for five quarters in a row: $205M last quarter, up 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.3% | -3.1 points |
| Q2 2026 | 6.7% | +2.2 points |
| Q1 2026 | 2.8% | +3.4 points |
| Q4 2025 | 7% | +1 points |
| Q3 2025 | 10% | +3.9 points |
| Q2 2025 | 4.5% | -1.8 points |
| Q1 2025 | -0.6% | -3.6 points |
| Q4 2024 | 6% | +5.7 points |
MG's operating margin was 7.3% last quarter, down 3.1 points from the same quarter a year ago, near the top of its range since 2019.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over MG on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over MG on profitability, with a higher operating margin.
MG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $686K | +$4.8M |
| Q2 2026 | $10.1M | +$24.9M |
| Q1 2026 | -$3.2M | -390% |
| Q4 2025 | $26M | +18% |
| Q3 2025 | -$4.1M | -128% |
| Q2 2025 | -$14.7M | -$14.4M |
| Q1 2025 | $1.1M | +$5.3M |
| Q4 2024 | $22.1M | +130% |
MG still generates free cash flow, though less than at its 2025 peak: $34M over the past year.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over MG on cash flow, with more consistent year-over-year improvement.
MG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +115K shares |
| 1 year | +3.6% | +1.2M shares |
| 3 years | +8.7% | +2.6M shares |
| 5 years | +9.7% | +2.9M shares |
| Available history | +14% | +4M shares |
MG has 33M diluted shares, up 3.6% from a year ago.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over MG on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
MG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 3.0x | Moderate |
| Q2 2025 | 3.0x | Elevated |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 2.1x | Moderate |
MG's net debt is about 2.3 years of its operating earnings (EBITDA), down from 3.0 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over MG on leverage, with a lower net debt burden relative to earnings.
MG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.1 | Neutral |
| Stochastic | 73.9 | Neutral |
MG's weekly RSI is 59 (neutral) and its Stochastic is 74 (neutral).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
MG PE vs Industrials Sector
| Metric | MG | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 24x | 33% above |
| PE % | 48 | 58 | 10 pts below |
MG has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
MG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.8 | 3% below |
| 20 week MA | $18.9 | 7.1% above |
| 50 week MA | $16.9 | 20% above |
| 100 week MA | $13.1 | 54% above |
| 200 week MA | $10.5 | 92% above |
MG has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
MG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.9 | $7.65 | -45% |
| 2021 | $7.65 | $7.46 | -2.5% |
| 2022 | $7.46 | $5.12 | -31% |
| 2023 | $5.12 | $7.32 | +43% |
| 2024 | $7.32 | $8.95 | +22% |
| 2025 | $8.95 | $13.2 | +47% |
| 2026 YTD | $13.2 | $20.2 | +53% |
MG has the edge over VRT on returns for 2026, with the stronger performance.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT's yearly returns have swung widely, from +275% in 2023 to −48% in 2022. It's up 25% so far in 2026.