Martin Marietta Materials Valuation
Is MMX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Future Cash Flow Value
Significantly Below Future Cash Flow Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of MMX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
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Below Future Cash Flow Value: MMX (CHF406.55) is trading below our estimate of future cash flow value (CHF499.53)
Significantly Below Future Cash Flow Value: MMX is trading below future cash flow value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MMX?
Key metric: As MMX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is MMX's PE Ratio? | |
|---|---|
| PE Ratio | 38.7x |
| Earnings | US$930.00m |
| Market Cap | US$35.58b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 6.3x |
| Enterprise Value/EBITDA | 19.7x |
| PEG Ratio | 1.7x |
Price to Earnings Ratio vs Peers
How does MMX's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 43x | ||
AMRZ Amrize | 17.3x | 12.45% | CHF 17.5b |
HOLN Holcim | 95.8x | 26.46% | CHF 37.7b |
SIKA Sika | 27.7x | 11.17% | CHF 28.8b |
GIVN Givaudan | 31.1x | 9.12% | CHF 29.7b |
MMX Martin Marietta Materials | 38.7x | 23.45% | CHF 35.6b |
Price-To-Earnings vs Peers: MMX is good value based on its Price-To-Earnings Ratio (38.7x) compared to the peer average (43x).
Historical Price to Earnings Ratio
Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.
Fetching historical data
Price to Earnings Ratio vs Industry
How does MMX's PE Ratio compare vs other companies in the European Basic Materials Industry?
| 0 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 0 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: MMX is expensive based on its Price-To-Earnings Ratio (38.7x) compared to the European Basic Materials industry average (13.4x).
Price to Earnings Ratio vs Fair Ratio
What is MMX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 38.7x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MMX's Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | CHF 406.55 | CHF 538.30 +32.40% | 10.40% | CHF 653.30 | CHF 359.32 | n/a | 24 |
| Sep ’27 | CHF 408.97 | CHF 535.30 +30.89% | 10.88% | CHF 647.34 | CHF 356.03 | n/a | 24 |
| Aug ’27 | CHF 432.31 | CHF 541.68 +25.30% | 11.11% | CHF 646.70 | CHF 355.68 | n/a | 23 |
| Jul ’27 | CHF 462.70 | CHF 551.81 +19.26% | 10.97% | CHF 647.49 | CHF 356.12 | n/a | 23 |
| Jun ’27 | n/a | CHF 539.99 0% | 10.19% | CHF 627.10 | CHF 344.91 | n/a | 22 |
| May ’27 | n/a | CHF 541.20 0% | 10.54% | CHF 628.48 | CHF 343.94 | n/a | 23 |
| Apr ’27 | n/a | CHF 560.33 0% | 10.13% | CHF 642.85 | CHF 351.81 | n/a | 24 |
| Mar ’27 | n/a | CHF 540.16 0% | 10.00% | CHF 618.10 | CHF 338.26 | n/a | 24 |
| Feb ’27 | n/a | CHF 522.69 0% | 9.25% | CHF 580.26 | CHF 336.83 | n/a | 24 |
| Jan ’27 | n/a | CHF 533.30 0% | 9.45% | CHF 597.23 | CHF 348.52 | n/a | 24 |
| Dec ’26 | n/a | CHF 537.93 0% | 10.29% | CHF 606.85 | CHF 354.13 | n/a | 24 |
| Nov ’26 | n/a | CHF 527.86 0% | 10.27% | CHF 601.31 | CHF 349.97 | n/a | 23 |
| Oct ’26 | n/a | CHF 516.64 0% | 10.11% | CHF 577.83 | CHF 350.68 | n/a | 22 |
| Sep ’26 | n/a | CHF 519.16 0% | 10.43% | CHF 567.21 | CHF 337.44 | CHF 408.97 | 22 |
| Aug ’26 | n/a | CHF 484.38 0% | 8.98% | CHF 531.36 | CHF 322.04 | CHF 432.31 | 23 |
| Jul ’26 | n/a | CHF 469.51 0% | 10.92% | CHF 522.96 | CHF 316.95 | CHF 462.70 | 25 |
| Jun ’26 | n/a | CHF 487.38 0% | 10.73% | CHF 543.00 | CHF 329.09 | n/a | 24 |
| May ’26 | n/a | CHF 483.59 0% | 12.07% | CHF 547.52 | CHF 316.88 | n/a | 24 |
| Apr ’26 | n/a | CHF 535.18 0% | 13.22% | CHF 631.98 | CHF 335.88 | n/a | 23 |
| Mar ’26 | n/a | CHF 553.20 0% | 12.94% | CHF 645.52 | CHF 343.07 | n/a | 24 |
| Feb ’26 | n/a | CHF 570.44 0% | 14.08% | CHF 661.37 | CHF 335.21 | n/a | 23 |
| Jan ’26 | n/a | CHF 575.12 0% | 14.18% | CHF 651.89 | CHF 330.41 | n/a | 21 |
| Dec ’25 | n/a | CHF 564.62 0% | 14.77% | CHF 647.50 | CHF 328.19 | n/a | 21 |
| Nov ’25 | n/a | CHF 540.76 0% | 15.41% | CHF 622.48 | CHF 322.12 | n/a | 20 |
| Oct ’25 | n/a | CHF 511.69 0% | 14.20% | CHF 605.05 | CHF 313.10 | n/a | 21 |
| Sep ’25 | n/a | CHF 523.31 0% | 11.39% | CHF 606.02 | CHF 313.60 | n/a | 21 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/15 22:56 |
| End of Day Share Price | 2026/09/15 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 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
Martin Marietta Materials, Inc. is covered by 35 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Seiden | Barclays |
| "Adam Seiden | Barclays |
| Harry Goad | Berenberg |