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Martinrea International TSX:MRE Stock Report

Last Price

CA$9.05

Market Cap

CA$669.6m

7D

-6.9%

1Y

-35.8%

Updated

22 Dec, 2024

Data

Company Financials +

Martinrea International Inc.

TSX:MRE Stock Report

Market Cap: CA$669.6m

MRE Stock Overview

Engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. More details

MRE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Martinrea International Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Martinrea International
Historical stock prices
Current Share PriceCA$9.05
52 Week HighCA$14.59
52 Week LowCA$8.71
Beta2.01
1 Month Change-11.45%
3 Month Change-21.85%
1 Year Change-35.82%
3 Year Change-22.78%
5 Year Change-37.20%
Change since IPO141.33%

Recent News & Updates

Market Still Lacking Some Conviction On Martinrea International Inc. (TSE:MRE)

Dec 17
Market Still Lacking Some Conviction On Martinrea International Inc. (TSE:MRE)

Slowing Rates Of Return At Martinrea International (TSE:MRE) Leave Little Room For Excitement

Nov 14
Slowing Rates Of Return At Martinrea International (TSE:MRE) Leave Little Room For Excitement

Recent updates

Market Still Lacking Some Conviction On Martinrea International Inc. (TSE:MRE)

Dec 17
Market Still Lacking Some Conviction On Martinrea International Inc. (TSE:MRE)

Slowing Rates Of Return At Martinrea International (TSE:MRE) Leave Little Room For Excitement

Nov 14
Slowing Rates Of Return At Martinrea International (TSE:MRE) Leave Little Room For Excitement

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

Aug 12
Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05

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

Jun 14
Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05

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

May 14
Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05

Martinrea International's (TSE:MRE) Soft Earnings Are Actually Better Than They Appear

May 09
Martinrea International's (TSE:MRE) Soft Earnings Are Actually Better Than They Appear

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

Mar 05
Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05

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

Mar 03
We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt

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

Dec 14
Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05

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

Shareholder Returns

MRECA Auto ComponentsCA Market
7D-6.9%-4.2%-2.6%
1Y-35.8%-21.2%15.2%

Return vs Industry: MRE underperformed the Canadian Auto Components industry which returned -21.2% over the past year.

Return vs Market: MRE underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is MRE's price volatile compared to industry and market?
MRE volatility
MRE Average Weekly Movement5.2%
Auto Components Industry Average Movement6.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MRE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MRE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198718,000Pat D'Eramowww.martinrea.com

Martinrea International Inc. engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches. The company also provides engine blocks; transmission housings; graphene and nylon coated brake lines; fluid and thermal product, such as fuel filler pipes, brake lines, and thermal management components.

Martinrea International Inc. Fundamentals Summary

How do Martinrea International's earnings and revenue compare to its market cap?
MRE fundamental statistics
Market capCA$669.59m
Earnings (TTM)CA$100.64m
Revenue (TTM)CA$5.16b

6.7x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRE income statement (TTM)
RevenueCA$5.16b
Cost of RevenueCA$4.17b
Gross ProfitCA$984.88m
Other ExpensesCA$884.24m
EarningsCA$100.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.36
Gross Margin19.09%
Net Profit Margin1.95%
Debt/Equity Ratio64.5%

How did MRE perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

15%

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 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend9 days
Days until Dividend pay date24 days

Does MRE pay a reliable dividends?

See MRE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Martinrea International Inc. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tamy ChenBMO Capital Markets Equity Research
David TyermanCanaccord Genuity
Krista FriesenCIBC Capital Markets