Marten Transport, Ltd.

NasdaqGS:MRTN Stock Report

Market Cap: US$1.4b

Marten Transport Valuation

Is MRTN 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 MRTN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MRTN ($16.94) is trading above our estimate of fair value ($4.79)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MRTN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA7x
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does MRTN's PE Ratio compare to its peers?

The above table shows the PE ratio for MRTN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.5x
WERN Werner Enterprises
19.6x21.8%US$2.2b
ULH Universal Logistics Holdings
10x8.7%US$1.2b
CVLG Covenant Logistics Group
14x29.5%US$588.8m
HTLD Heartland Express
n/a166.8%US$819.0m
MRTN Marten Transport
24x24.7%US$1.4b

Price-To-Earnings vs Peers: MRTN is expensive based on its Price-To-Earnings Ratio (24x) compared to the peer average (-4.9x).


Price to Earnings Ratio vs Industry

How does MRTN's PE Ratio compare vs other companies in the US Transportation Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a23.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a23.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: MRTN is expensive based on its Price-To-Earnings Ratio (24x) compared to the US Transportation industry average (24x).


Price to Earnings Ratio vs Fair Ratio

What is MRTN'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.

MRTN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24x
Fair PE Ratio16.2x

Price-To-Earnings vs Fair Ratio: MRTN is expensive based on its Price-To-Earnings Ratio (24x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).


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 MRTN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$16.94
US$23.00
+35.8%
8.7%US$25.00US$21.00n/a2
Feb ’25US$19.06
US$24.50
+28.5%
2.0%US$25.00US$24.00n/a2
Jan ’25US$20.98
US$24.00
+14.4%
4.2%US$25.00US$23.00n/a2
Dec ’24US$19.20
US$24.00
+25.0%
4.2%US$25.00US$23.00n/a2
Nov ’24US$17.55
US$24.00
+36.8%
4.2%US$25.00US$23.00n/a2
Oct ’24US$19.71
US$25.50
+29.4%
5.9%US$27.00US$24.00n/a2
Sep ’24US$21.21
US$25.50
+20.2%
5.9%US$27.00US$24.00n/a2
Aug ’24US$22.18
US$25.50
+15.0%
5.9%US$27.00US$24.00n/a2
Jul ’24US$21.50
US$24.50
+14.0%
6.1%US$26.00US$23.00n/a2
Jun ’24US$21.41
US$24.50
+14.4%
6.1%US$26.00US$23.00n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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