Marten Transport
Market Cap
US$1.5b
Last Updated
2021/04/19 23:30 UTC
Data Sources
Company Financials +
Executive Summary
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. More Details
Rewards
Risk Analysis
No risks detected for MRTN from our risk checks.
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Marten Transport's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRTN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MRTN's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-0.8%
MRTN
0.9%
US Transportation
1.3%
US Market
1 Year Return
23.7%
MRTN
71.7%
US Transportation
53.8%
US Market
Return vs Industry: MRTN underperformed the US Transportation industry which returned 71.7% over the past year.
Return vs Market: MRTN underperformed the US Market which returned 53.9% over the past year.
Shareholder returns
| MRTN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | 0.9% | 1.3% |
| 30 Day | 6.1% | 5.9% | 5.1% |
| 90 Day | 0.5% | 9.4% | 8.9% |
| 1 Year | 28.3%23.7% | 74.1%71.7% | 56.6%53.8% |
| 3 Year | 37.9%27.0% | 78.0%69.3% | 64.4%53.6% |
| 5 Year | 158.6%136.0% | 194.6%170.2% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Marten Transport's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
At US$17.60, Is Marten Transport, Ltd. (NASDAQ:MRTN) Worth Looking At Closely?3 weeks ago | Simply Wall St
Marten Transport, Ltd. (NASDAQ:MRTN) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?1 month ago | Simply Wall St
Marten Transport, Ltd. (NASDAQ:MRTN) Looks Interesting, And It's About To Pay A DividendValuation
Is Marten Transport undervalued compared to its fair value and its price relative to the market?
19.72x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MRTN ($17.61) is trading above our estimate of fair value ($11.44)
Significantly Below Fair Value: MRTN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MRTN is good value based on its PE Ratio (19.7x) compared to the US Transportation industry average (29.2x).
PE vs Market: MRTN is good value based on its PE Ratio (19.7x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: MRTN is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: MRTN is good value based on its PB Ratio (2.3x) compared to the US Transportation industry average (3.1x).
Future Growth
How is Marten Transport forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
12.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MRTN's forecast earnings growth (12.9% per year) is above the savings rate (2%).
Earnings vs Market: MRTN's earnings (12.9% per year) are forecast to grow slower than the US market (18% per year).
High Growth Earnings: MRTN's earnings are forecast to grow, but not significantly.
Revenue vs Market: MRTN's revenue (7.9% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: MRTN's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MRTN's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Marten Transport performed over the past 5 years?
12.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRTN has high quality earnings.
Growing Profit Margin: MRTN's current net profit margins (8.4%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: MRTN's earnings have grown by 12.2% per year over the past 5 years.
Accelerating Growth: MRTN's earnings growth over the past year (20.5%) exceeds its 5-year average (12.2% per year).
Earnings vs Industry: MRTN earnings growth over the past year (20.5%) exceeded the Transportation industry 9.2%.
Return on Equity
High ROE: MRTN's Return on Equity (11.6%) is considered low.
Financial Health
How is Marten Transport's financial position?
Financial Position Analysis
Short Term Liabilities: MRTN's short term assets ($201.1M) exceed its short term liabilities ($97.9M).
Long Term Liabilities: MRTN's short term assets ($201.1M) exceed its long term liabilities ($122.5M).
Debt to Equity History and Analysis
Debt Level: MRTN is debt free.
Reducing Debt: MRTN has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: MRTN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MRTN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Marten Transport current dividend yield, its reliability and sustainability?
3.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRTN's dividend (3.75%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: MRTN's dividend (3.75%) is in the top 25% of dividend payers in the US market (3.46%)
Stability and Growth of Payments
Stable Dividend: MRTN's dividends per share have been stable in the past 10 years.
Growing Dividend: MRTN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.5%), MRTN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
14.0yrs
Average management tenure
CEO
Randy Marten (67 yo)
16.25yrs
Tenure
US$1,153,987
Compensation
Mr. Randolph L. Marten, also known as Randy, has been the Chief Executive Officer of Marten Transport, Ltd. since January 2005. Mr. Marten served as the President of Marten Transport, Ltd. from June 1986 t...
CEO Compensation Analysis
Compensation vs Market: Randy's total compensation ($USD1.15M) is below average for companies of similar size in the US market ($USD3.79M).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MRTN's management team is seasoned and experienced (15.3 years average tenure).
Board Members
Experienced Board: MRTN's board of directors are seasoned and experienced ( 18.8 years average tenure).
Ownership
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Marten Transport, Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Marten Transport, Ltd.
- Ticker: MRTN
- Exchange: NasdaqGS
- Founded: 1946
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$1.457b
- Shares outstanding: 82.75m
- Website: https://www.marten.com
Number of Employees
Location
- Marten Transport, Ltd.
- 129 Marten Street
- Mondovi
- Wisconsin
- 54755
- United States
Listings
Biography
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 23:30 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.