company background image
MRE

Martinrea International TSX:MRE Stock Report

Last Price

CA$11.76

Market Cap

CA$947.9m

7D

-4.9%

1Y

-1.2%

Updated

28 Nov, 2023

Data

Company Financials +

Martinrea International Inc.

TSX:MRE Stock Report

Mkt Cap: CA$947.9m

MRE Stock Overview

Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally.

MRE fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance4/6
Financial Health4/6
Dividends4/6

Martinrea International Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Martinrea International
Historical stock prices
Current Share PriceCA$11.76
52 Week HighCA$15.37
52 Week LowCA$10.29
Beta2.21
1 Month Change3.89%
3 Month Change-14.47%
1 Year Change-1.18%
3 Year Change-18.78%
5 Year Change8.99%
Change since IPO213.60%

Recent News & Updates

We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt

Oct 19
We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt

Recent updates

We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt

Oct 19
We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt

Martinrea International (TSE:MRE) Has Affirmed Its Dividend Of CA$0.05

Sep 05
Martinrea International (TSE:MRE) Has Affirmed Its Dividend Of CA$0.05

Martinrea International's (TSE:MRE) Dividend Will Be CA$0.05

Aug 22
Martinrea International's (TSE:MRE) Dividend Will Be CA$0.05

Here's Why We Think Martinrea International (TSE:MRE) Is Well Worth Watching

Aug 13
Here's Why We Think Martinrea International (TSE:MRE) Is Well Worth Watching

Martinrea International (TSE:MRE) May Have Issues Allocating Its Capital

Jul 22
Martinrea International (TSE:MRE) May Have Issues Allocating Its Capital

Does Martinrea International (TSE:MRE) Have A Healthy Balance Sheet?

Jun 08
Does Martinrea International (TSE:MRE) Have A Healthy Balance Sheet?

Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05

May 12
Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05

An Intrinsic Calculation For Martinrea International Inc. (TSE:MRE) Suggests It's 37% Undervalued

May 07
An Intrinsic Calculation For Martinrea International Inc. (TSE:MRE) Suggests It's 37% Undervalued

Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05

Mar 07
Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05

Some Investors May Be Worried About Martinrea International's (TSE:MRE) Returns On Capital

Mar 04
Some Investors May Be Worried About Martinrea International's (TSE:MRE) Returns On Capital

Is Martinrea International (TSE:MRE) A Risky Investment?

Jan 27
Is Martinrea International (TSE:MRE) A Risky Investment?

Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05

Dec 11
Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05

Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05

Nov 17
Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05

Capital Allocation Trends At Martinrea International (TSE:MRE) Aren't Ideal

Sep 30
Capital Allocation Trends At Martinrea International (TSE:MRE) Aren't Ideal

Martinrea International (TSE:MRE) Seems To Be Using A Lot Of Debt

Jun 10
Martinrea International (TSE:MRE) Seems To Be Using A Lot Of Debt

Martinrea International's (TSE:MRE) Earnings Are Weaker Than They Seem

Mar 10
Martinrea International's (TSE:MRE) Earnings Are Weaker Than They Seem

The Returns On Capital At Martinrea International (TSE:MRE) Don't Inspire Confidence

Mar 04
The Returns On Capital At Martinrea International (TSE:MRE) Don't Inspire Confidence

Martinrea International (TSE:MRE) Could Be Struggling To Allocate Capital

Nov 07
Martinrea International (TSE:MRE) Could Be Struggling To Allocate Capital

Martinrea International (TSE:MRE) Has Affirmed Its Dividend Of CA$0.05

Aug 14
Martinrea International (TSE:MRE) Has Affirmed Its Dividend Of CA$0.05

Shareholders May Be Wary Of Increasing Martinrea International Inc.'s (TSE:MRE) CEO Compensation Package

Jun 02
Shareholders May Be Wary Of Increasing Martinrea International Inc.'s (TSE:MRE) CEO Compensation Package

Tread With Caution Around Martinrea International Inc.'s (TSE:MRE) 1.5% Dividend Yield

May 06
Tread With Caution Around Martinrea International Inc.'s (TSE:MRE) 1.5% Dividend Yield

Should You Be Impressed By Martinrea International's (TSE:MRE) Returns on Capital?

Mar 19
Should You Be Impressed By Martinrea International's (TSE:MRE) Returns on Capital?

Estimating The Fair Value Of Martinrea International Inc. (TSE:MRE)

Feb 26
Estimating The Fair Value Of Martinrea International Inc. (TSE:MRE)

Shareholder Returns

MRECA Auto ComponentsCA Market
7D-4.9%-3.9%-1.2%
1Y-1.2%-7.9%-3.7%

Return vs Industry: MRE exceeded the Canadian Auto Components industry which returned -7.9% over the past year.

Return vs Market: MRE exceeded the Canadian Market which returned -3.7% over the past year.

Price Volatility

Is MRE's price volatile compared to industry and market?
MRE volatility
MRE Average Weekly Movement4.3%
Auto Components Industry Average Movement4.4%
Market Average Movement8.5%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.5%

Stable Share Price: MRE is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MRE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198719,000Pat D'Eramohttps://www.martinrea.com

Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. It offers engine blocks, transmissions, cases, housings, oil coolers, hoses, tube assemblies, oil fillers, tubes, indicators, oil pick-up screens and pipes, heater hose inlets and outlets, and electric motor housings; and front horizontal, rear suspension, and front vertical modules. It also provides evaporator system integrity monitors, DPS lines, EGR tubes, air-injection tubes, and exhaust manifold tubes; fuel filler necks, capless refueling systems, fuel tank/sender assemblies, vapor assemblies and canister hoses, fuel line feed/return assembly systems, and fuel lines and hoses; and air-conditioning lines, and heater core inlet and outlet assemblies.

Martinrea International Inc. Fundamentals Summary

How do Martinrea International's earnings and revenue compare to its market cap?
MRE fundamental statistics
Market CapCA$947.87m
Earnings (TTM)CA$198.04m
Revenue (TTM)CA$5.34b

4.7x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRE income statement (TTM)
RevenueCA$5.34b
Cost of RevenueCA$4.37b
Gross ProfitCA$965.69m
Other ExpensesCA$767.65m
EarningsCA$198.04m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.51
Gross Margin18.09%
Net Profit Margin3.71%
Debt/Equity Ratio71.2%

How did MRE perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

8%

Payout Ratio

Does MRE pay a reliable dividends?

See MRE dividend history and benchmarks
When do you need to buy MRE by to receive an upcoming dividend?
Martinrea International dividend dates
Ex Dividend DateDec 28 2023
Dividend Pay DateJan 15 2024
Days until Ex dividend29 days
Days until Dividend pay date47 days

Does MRE pay a reliable dividends?

See MRE dividend history and benchmarks