Martinrea International Inc.

TSX:MRE Stock Report

Market Cap: CA$626.7m

Martinrea International Past Earnings Performance

Past criteria checks 2/6

Martinrea International has been growing earnings at an average annual rate of 15.2%, while the Auto Components industry saw earnings declining at 3.2% annually. Revenues have been growing at an average rate of 10.3% per year. Martinrea International's return on equity is 6.5%, and it has net margins of 2%.

Key information

15.2%

Earnings growth rate

16.4%

EPS growth rate

Auto Components Industry Growth-7.7%
Revenue growth rate10.3%
Return on equity6.5%
Net Margin2.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

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

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

Revenue & Expenses Breakdown

How Martinrea International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:MRE Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,15910133142
30 Jun 245,30114033241
31 Mar 245,36014932340
31 Dec 235,34015432338
30 Sep 235,33819831239
30 Jun 235,15418029938
31 Mar 234,90615628937
31 Dec 224,75813327637
30 Sep 224,5167725735
30 Jun 224,1712424134
31 Mar 223,9422223434
31 Dec 213,7843623033
30 Sep 213,8019125432
30 Jun 213,92415326930
31 Mar 213,500-1825427
31 Dec 203,375-2724929
30 Sep 203,222-2123531
30 Jun 203,225-2022835
31 Mar 203,71315523938
31 Dec 193,86418124438
30 Sep 193,87216823935
30 Jun 193,74915823631
31 Mar 193,72218523729
31 Dec 183,66318623227
30 Sep 183,61518022626
30 Jun 183,60318021926
31 Mar 183,65417221426
31 Dec 173,69016021027
30 Sep 173,80215820527
30 Jun 173,87815120126
31 Mar 173,93010319925
31 Dec 163,9689219825
30 Sep 164,0138920123
30 Jun 164,0287620123
31 Mar 163,98910919922
31 Dec 153,86710719222
30 Sep 153,7759119721
30 Jun 153,7059518920
31 Mar 153,6528518519
31 Dec 143,5997118318
30 Sep 143,513817820
30 Jun 143,4221017719
31 Mar 143,3171417117

Quality Earnings: MRE has high quality earnings.

Growing Profit Margin: MRE's current net profit margins (2%) are lower than last year (3.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MRE's earnings have grown by 15.2% per year over the past 5 years.

Accelerating Growth: MRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MRE had negative earnings growth (-49.2%) over the past year, making it difficult to compare to the Auto Components industry average (3%).


Return on Equity

High ROE: MRE's Return on Equity (6.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 14:39
End of Day Share Price 2025/02/06 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.

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 Github.

Analyst Sources

Martinrea International Inc. is covered by 15 analysts. 5 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