MAREL Stock Overview
Marel hf. develops, manufactures, sells, and distributes processing equipment, systems, software, and services for poultry, meat, and fish industries.
No risks detected for MAREL from our risk checks.
Marel hf Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||Kr606.00|
|52 Week High||Kr979.00|
|52 Week Low||Kr604.00|
|1 Month Change||-14.89%|
|3 Month Change||-15.13%|
|1 Year Change||-32.40%|
|3 Year Change||8.41%|
|5 Year Change||75.65%|
|Change since IPO||14,328.57%|
Recent News & Updates
Is Marel hf. (ICE:MAREL) Expensive For A Reason? A Look At Its Intrinsic Value
In this article we are going to estimate the intrinsic value of Marel hf. ( ICE:MAREL ) by taking the expected future...
|MAREL||IS Machinery||IS Market|
Return vs Industry: MAREL underperformed the IS Machinery industry which returned -21.3% over the past year.
Return vs Market: MAREL underperformed the IS Market which returned -2.6% over the past year.
|MAREL Average Weekly Movement||3.4%|
|Machinery Industry Average Movement||6.3%|
|Market Average Movement||4.0%|
|10% most volatile stocks in IS Market||5.2%|
|10% least volatile stocks in IS Market||3.0%|
Stable Share Price: MAREL is not significantly more volatile than the rest of IS stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MAREL's weekly volatility (3%) has been stable over the past year.
About the Company
Marel hf. develops, manufactures, sells, and distributes processing equipment, systems, software, and services for poultry, meat, and fish industries. The company’s Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks.
Marel hf Fundamentals Summary
|MAREL fundamental statistics|
Is MAREL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAREL income statement (TTM)|
|Cost of Revenue||€892.70m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 27, 2022
|Earnings per share (EPS)||0.13|
|Net Profit Margin||6.96%|
How did MAREL perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is Marel hf undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MAREL (ISK606) is trading below our estimate of fair value (ISK700.61)
Significantly Below Fair Value: MAREL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MAREL is poor value based on its Price-To-Earnings Ratio (34x) compared to the European Machinery industry average (16.3x).
PE vs Market: MAREL is poor value based on its Price-To-Earnings Ratio (34x) compared to the IS market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: MAREL is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: MAREL is overvalued based on its Price-To-Book Ratio (3.2x) compared to the XE Machinery industry average (1.7x).
How is Marel hf forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAREL's forecast earnings growth (30.7% per year) is above the savings rate (4.2%).
Earnings vs Market: MAREL's earnings (30.7% per year) are forecast to grow faster than the IS market (9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MAREL's revenue (9.9% per year) is forecast to grow faster than the IS market (4.5% per year).
High Growth Revenue: MAREL's revenue (9.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAREL's Return on Equity is forecast to be low in 3 years time (15.1%).
How has Marel hf performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAREL has high quality earnings.
Growing Profit Margin: MAREL's current net profit margins (7%) are lower than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: MAREL's earnings have grown by 0.4% per year over the past 5 years.
Accelerating Growth: MAREL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAREL had negative earnings growth (-11.8%) over the past year, making it difficult to compare to the Machinery industry average (53.1%).
Return on Equity
High ROE: MAREL's Return on Equity (9.5%) is considered low.
How is Marel hf's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MAREL's short term assets (€701.6M) exceed its short term liabilities (€658.4M).
Long Term Liabilities: MAREL's short term assets (€701.6M) exceed its long term liabilities (€393.9M).
Debt to Equity History and Analysis
Debt Level: MAREL's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: MAREL's debt to equity ratio has reduced from 82.6% to 25.5% over the past 5 years.
Debt Coverage: MAREL's debt is well covered by operating cash flow (57.5%).
Interest Coverage: MAREL's interest payments on its debt are well covered by EBIT (30.7x coverage).
What is Marel hf current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAREL's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the IS market (1.74%).
High Dividend: MAREL's dividend (1.17%) is low compared to the top 25% of dividend payers in the IS market (5.49%).
Stability and Growth of Payments
Stable Dividend: MAREL's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAREL's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), MAREL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.5%), MAREL's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Arni Thordarson (52 yo)
Mr. Arni Oddur Thordarson has been the Chief Executive Officer of Marel hf since October 31, 2013. Mr. Thórdarson is the Founder of LME eignarhaldsfélag ehf. He has over 15 years of extensive experience on...
CEO Compensation Analysis
Compensation vs Market: Arni's total compensation ($USD1.52M) is about average for companies of similar size in the IS market ($USD1.84M).
Compensation vs Earnings: Arni's compensation has been consistent with company performance over the past year.
Experienced Management: MAREL's management team is considered experienced (2.2 years average tenure).
Experienced Board: MAREL's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Marel hf.'s employee growth, exchange listings and data sources
- Name: Marel hf.
- Ticker: MAREL
- Exchange: ICSE
- Founded: 1977
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: Kr458.174b
- Shares outstanding: 756.06m
- Website: https://marel.com
Number of Employees
- Marel hf.
- Austurhraun 9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/25 00:00|
|End of Day Share Price||2022/05/25 00:00|
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.