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MSC Industrial Direct (MSM)
Founded in 1941, MSC distributes drills, saws, hinges, cleaners, and other products to industrial manufacturers. Sexy? Not really. But investors are smiling. MSC?s shared have gone up 50% in price to more than $40 since the spring of 2005. That's no surprise, judging from the company's performance. MSC's profits have risen an average 46.5% a year over the last three years, on average sales growth of 11.6%. The company, which chalked up $1.2 billion in sales over the past 12 months, is investing in future growth, having just signed an agreement to acquire J&L Industrial Supply for $349.5 million. In MSC's most recent quarter, net income rose 21.6%, to $33 million, on sales that grew 12.7%, to $305.9 million.
Company Info |
|
| 2005 Rank | NR |
| Market Value* ($ Millions) | 3,486.0 |
| Sales* ($ Millions) | 1,167.1 |
| Sales Growth (3-yr. avg. annual) |
11.6 % |
| Profits* ($ Millions) | 124.1 |
| Profit Growth (3-yr. avg. annual) | 46.5 % |
| Return on Inv. Capital (3-yr.) | 14.1 % |
| Share Price 12-Mo. Hi/Lo | 56/27 |
| Share Price As of 4/28/06 | 52 |
| Return on Equity | 20.8 % |
| P/E Ratio | 28 |
| No. of Employees | 3,087 |
| Industry | Trading Companies & Distributors |
| CURRENT MARKET INFO | MSM > |
| COMPANY WEB SITE > | |
| Location | Melville, N.Y. |
| Phone | 516 812-2000 |
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat
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Company Snapshot
MSC Industrial Direct engages in the direct marketing of various industrial products in the U.S. The company distributes various industrial products for its customers' maintenance, repair, and operations, as well as for supplies requirements. It provides approximately 500,000 stock-keeping units that include cutting tools, measuring instruments, tooling components, fasteners, flat stock, raw materials, abrasives, and machinery hand and power tools; and janitorial, plumbing, material handling, power transmission, and electrical supplies; and other products. MSC Industrial Direct markets its products to small, medium, and large companies in durable and nondurable goods manufacturing, education, government, and health-care sectors. The company was founded in 1941 and has its headquarters in Melville, N.Y.
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