Martinrea International Future Growth

Future criteria checks 3/6

Martinrea International is forecast to grow earnings and revenue by 25.7% and 1.3% per annum respectively while EPS is expected to grow by 28.8% per annum.

Key information

25.7%

Earnings growth rate

28.8%

EPS growth rate

Auto Components earnings growth	20.0%
Revenue growth rate	1.3%
Future return on equity	n/a
Analyst coverage	Good
Last updated	03 May 2024

Recent future growth updates

Recent updates

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

May 14

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

May 09

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

May 07

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

Mar 07

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

Mar 04

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

Jan 27

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

Nov 17

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

Sep 30

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

Jun 10

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

Mar 10

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

Mar 04

Earnings and Revenue Growth Forecasts

TSX:MRE - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,581	N/A	N/A	N/A	1
12/31/2025	5,438	235	159	570	6
12/31/2024	5,267	188	92	517	6
3/31/2024	5,360	149	218	496	N/A
12/31/2023	5,340	154	208	511	N/A
9/30/2023	5,338	198	108	457	N/A
6/30/2023	5,154	180	84	455	N/A
3/31/2023	4,906	156	82	462	N/A
12/31/2022	4,758	133	54	438	N/A
9/30/2022	4,516	77	52	396	N/A
6/30/2022	4,171	24	-51	255	N/A
3/31/2022	3,942	22	-142	153	N/A
12/31/2021	3,784	36	-119	180	N/A
9/30/2021	3,801	91	-132	189	N/A
6/30/2021	3,924	153	8	358	N/A
3/31/2021	3,500	-18	12	331	N/A
12/31/2020	3,375	-27	54	355	N/A
9/30/2020	3,222	-21	98	364	N/A
6/30/2020	3,225	-20	33	283	N/A
3/31/2020	3,713	155	132	423	N/A
12/31/2019	3,864	181	107	402	N/A
9/30/2019	3,872	168	46	364	N/A
6/30/2019	3,749	158	4	335	N/A
3/31/2019	3,722	185	-43	285	N/A
12/31/2018	3,663	186	-27	297	N/A
9/30/2018	3,615	180	-18	284	N/A
6/30/2018	3,603	180	-5	275	N/A
3/31/2018	3,654	172	10	268	N/A
12/31/2017	3,690	160	N/A	303	N/A
9/30/2017	3,802	158	N/A	332	N/A
6/30/2017	3,878	151	N/A	350	N/A
3/31/2017	3,930	103	N/A	363	N/A
12/31/2016	3,968	92	N/A	260	N/A
9/30/2016	4,013	89	N/A	252	N/A
6/30/2016	4,028	76	N/A	187	N/A
3/31/2016	3,989	109	N/A	192	N/A
12/31/2015	3,867	107	N/A	193	N/A
9/30/2015	3,775	91	N/A	206	N/A
6/30/2015	3,705	95	N/A	243	N/A
3/31/2015	3,652	85	N/A	261	N/A
12/31/2014	3,599	71	N/A	264	N/A
9/30/2014	3,513	8	N/A	217	N/A
6/30/2014	3,422	10	N/A	199	N/A
3/31/2014	3,317	14	N/A	138	N/A
12/31/2013	3,222	17	N/A	136	N/A
9/30/2013	3,069	60	N/A	123	N/A
6/30/2013	2,998	47	N/A	123	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MRE's forecast earnings growth (25.7% per year) is above the savings rate (2.1%).

Earnings vs Market: MRE's earnings (25.7% per year) are forecast to grow faster than the Canadian market (13.7% per year).

High Growth Earnings: MRE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MRE's revenue (1.3% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: MRE's revenue (1.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MRE's Return on Equity is forecast to be high in 3 years time

Martinrea International Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 21%

Consensus EPS estimates fall by 13%

Price target decreased by 7.8% to CA$17.83

Martinrea International Inc. Provides Earnings Guidance for 2024

Consensus EPS estimates fall by 10%

Martinrea International Inc. Confirms Earnings Guidance for the Year 2023

Recent updates

Executive Chairman of the Board recently bought CA$120k worth of stock

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

First quarter dividend of CA$0.05 announced

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Martinrea International Inc. to Report Q1, 2024 Results on May 02, 2024

Martinrea International Inc., Annual General Meeting, Jun 12, 2024

Consensus EPS estimates fall by 21%

Insufficient new directors

Upcoming dividend of CA$0.05 per share

Insider recently bought CA$88k worth of stock

CEO & Director recently bought CA$265k worth of stock

Consensus EPS estimates fall by 13%

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

Fourth quarter dividend of CA$0.05 announced

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

Price target decreased by 7.8% to CA$17.83

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Martinrea International Inc. Provides Earnings Guidance for 2024

Martinrea International Inc. to Report Q4, 2023 Results on Feb 29, 2024

Martinrea International Inc. Appoints Fred Di Tosto as President

Upcoming dividend of CA$0.05 per share at 1.4% yield

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

Executive Chairman of the Board recently bought CA$90k worth of stock

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Martinrea International Inc. Declares Quarterly Cash Dividend, Payable on or About January 15, 2024

Martinrea International Inc. to Report Q3, 2023 Results on Nov 08, 2023

Consensus EPS estimates fall by 10%

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

Executive Chairman of the Board recently bought CA$105k worth of stock

Upcoming dividend of CA$0.05 per share at 1.6% yield

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

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

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

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Martinrea International Inc. Confirms Earnings Guidance for the Year 2023

Martinrea International Inc. to Report Q2, 2023 Results on Aug 09, 2023

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

Upcoming dividend of CA$0.05 per share at 1.5% yield

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

Insider recently bought CA$101k worth of stock

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

Chief Financial Officer recently bought CA$100k worth of stock

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

Martinrea International Inc. Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently bought CA$137k worth of stock

Upcoming dividend of CA$0.05 per share at 1.5% yield

President recently bought CA$207k worth of stock

Investor sentiment deteriorates as stock falls 20%

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

Full year 2022 earnings: EPS and revenues exceed analyst expectations

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

Upcoming dividend of CA$0.05 per share

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

Executive Chairman of the Board recently bought CA$101k worth of stock

Martinrea International Inc. Announces Appointment of Maureen Midgley as Director, Effective January 1, 2023

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

Insufficient new directors

Investor sentiment improved over the past week

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Martinrea International Inc. Provides Earnings Guidance for 2023

Martinrea International Inc. to Report Q3, 2022 Results on Nov 01, 2022

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

Upcoming dividend of CA$0.05 per share

Insider recently bought CA$52k worth of stock

Investor sentiment improved over the past week

Price target increased to CA$14.50