Martin Marietta Materials, Inc.

BIT:1MLM Stock Report

Market Cap: €31.2b

Martin Marietta Materials Valuation

Is 1MLM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair 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 1MLM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

€481.46
Fair Value
8.5% overvalued intrinsic discount
24
Number of Analysts

Below Fair Value: 1MLM (€522.6) is trading above our estimate of fair value (€481.46)

Significantly Below Fair Value: 1MLM is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1MLM?

Key metric: As 1MLM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1MLM. This is calculated by dividing 1MLM's market cap by their current earnings.
What is 1MLM's PE Ratio?
PE Ratio30.4x
EarningsUS$1.18b
Market CapUS$36.31b

Price to Earnings Ratio vs Peers

How does 1MLM's PE Ratio compare to its peers?

The above table shows the PE ratio for 1MLM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.5x
BZU Buzzi
10.2x1.04%€9.3b
CEM Cementir Holding
15.1x11.88%€2.5b
CALT Caltagirone
8xn/a€1.1b
FUM Franchi Umberto Marmi
16.7x18.52%€120.8m
1MLM Martin Marietta Materials
30.4x10.47%€36.3b

Price-To-Earnings vs Peers: 1MLM is expensive based on its Price-To-Earnings Ratio (30.4x) compared to the peer average (12.5x).

Price to Earnings Ratio vs Industry

How does 1MLM's PE Ratio compare vs other companies in the European Basic Materials Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1MLM 30.4xIndustry Avg. 14.4xNo. of Companies10PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1MLM is expensive based on its Price-To-Earnings Ratio (30.4x) compared to the European Basic Materials industry average (14.9x).

Price to Earnings Ratio vs Fair Ratio

What is 1MLM'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.

1MLM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.4x
Fair PE Ratio25x

Price-To-Earnings vs Fair Ratio: 1MLM is expensive based on its Price-To-Earnings Ratio (30.4x) compared to the estimated Fair Price-To-Earnings Ratio (25x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1MLM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€522.60
€575.14
+10.05%
10.47%€650.85€379.81n/a24
Nov ’26€532.80
€569.81
+6.95%
10.27%€649.10€377.78n/a23
Oct ’26€535.60
€552.42
+3.14%
10.11%€617.85€374.97n/a22
Sep ’26€524.40
€555.07
+5.85%
10.43%€606.45€360.78n/a22
Aug ’26€493.40
€519.59
+5.31%
8.98%€569.98€345.44n/a23
Jul ’26€473.10
€502.59
+6.23%
10.92%€559.81€339.28n/a25
Jun ’26€484.00
€521.78
+7.81%
10.73%€581.33€352.32n/a24
May ’26€450.80
€516.30
+14.53%
12.07%€584.56€338.32n/a24
Apr ’26n/a
€561.22
0%
13.22%€662.73€352.22n/a23
Mar ’26n/a
€590.81
0%
12.94%€689.40€366.40n/a24
Feb ’26n/a
€600.11
0%
14.08%€695.76€352.65n/a23
Jan ’26n/a
€617.24
0%
14.18%€699.63€354.61n/a21
Dec ’25n/a
€607.59
0%
14.77%€696.79€353.17n/a21
Nov ’25n/a
€573.18
0%
15.41%€659.80€341.44€532.8020
Oct ’25n/a
€546.26
0%
14.20%€645.93€334.26€535.6021
Sep ’25n/a
€553.15
0%
11.39%€640.57€331.48€524.4021
Aug ’25n/a
€578.25
0%
10.65%€657.30€349.33€493.4022
Jul ’25n/a
€601.63
0%
11.10%€669.45€355.79€473.1022
Jun ’25n/a
€593.71
0%
11.31%€679.37€350.28€484.0023
May ’25n/a
€590.75
0%
11.77%€689.32€355.41€450.8023
Apr ’25n/a
€544.02
0%
11.16%€620.02€323.89n/a22
Mar ’25n/a
€533.38
0%
11.19%€593.27€323.44n/a22
Feb ’25n/a
€492.10
0%
12.48%€557.06€303.60n/a23
Jan ’25n/a
€467.69
0%
11.92%€551.61€300.63n/a22
Dec ’24n/a
€461.55
0%
11.03%€522.46€301.16n/a22
Nov ’24n/a
€469.59
0%
11.31%€534.66€307.55n/a21
€583.8
Fair Value
10.5% undervalued intrinsic discount
24
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/14 09:28
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Martin Marietta Materials, Inc. is covered by 37 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam SeidenBarclays
Daniel WangBerenberg
Paul RogerBNP Paribas