MARE Stock Overview

Operates as an engineering consultancy company in Italy, Brazil, the Czech Republic, and Slovakia. More details

MARE fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	5/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 82.2% below our estimate of its fair value

Earnings are forecast to grow 40.93% per year

Risk Analysis

Debt is not well covered by operating cash flow

Volatile share price over the past 3 months compared to the Italian market

Significant insider selling over the past 3 months

Does not have a meaningful market cap (€55M)

My Notes

Capture your thoughts, links and company narrative

Mare Engineering Group S.p.A. Competitors

Circle

BIT:CIRC

€32.3m

Allcore

BIT:CORE

€21.8m

Tinexta

BIT:TNXT

€358.6m

Star7

BIT:STAR7

€55.3m

Price History & Performance

Summary of share price highs, lows and changes for Mare Engineering Group
Historical stock prices
Current Share Price	€4.57
52 Week High	€5.90
52 Week Low	€3.08
Beta	0
1 Month Change	-0.98%
3 Month Change	21.54%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-8.78%

Recent updates

Shareholder Returns

	MARE	IT Professional Services	IT Market
7D	-8.8%	-5.3%	-2.8%
1Y	n/a	-52.5%	8.5%

Return vs Industry: Insufficient data to determine how MARE performed against the Italian Professional Services industry.

Return vs Market: Insufficient data to determine how MARE performed against the Italian Market.

Price Volatility

Is MARE's price volatile compared to industry and market?
MARE volatility
MARE Average Weekly Movement	6.7%
Professional Services Industry Average Movement	5.1%
Market Average Movement	4.3%
10% most volatile stocks in IT Market	7.8%
10% least volatile stocks in IT Market	2.5%

Stable Share Price: MARE's share price has been volatile over the past 3 months compared to the Italian market.

Volatility Over Time: MARE's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Italian stocks.

About the Company

Founded	Employees	CEO	Website
2001	358	Antonio Zinno	www.maregroup.it

Mare Engineering Group S.p.A. operates as an engineering consultancy company in Italy, Brazil, the Czech Republic, and Slovakia. It offers its services in the consulting, digital, and industrial sectors. The company was founded in 2001 and is based in Pomigliano d'Arco, Italy.

Mare Engineering Group S.p.A. Fundamentals Summary

How do Mare Engineering Group's earnings and revenue compare to its market cap?
MARE fundamental statistics
Market cap	€55.07m
Earnings (TTM)	€2.93m
Revenue (TTM)	€28.49m

18.8x

P/E Ratio

1.9x

P/S Ratio

Is MARE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MARE income statement (TTM)
Revenue	€28.49m
Cost of Revenue	€18.22m
Gross Profit	€10.28m
Other Expenses	€7.34m
Earnings	€2.93m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	36.07%
Net Profit Margin	10.30%
Debt/Equity Ratio	106.6%

How did MARE perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 01:41
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Mare Engineering Group S.p.A. is covered by 2 analysts. 2 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
null null	Intermonte SIM S.p.A.
Maria Di Grado	KT & Partners Srl