NasdaqGS:MRTN

Stock Analysis Report

Executive Summary

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Share Price & News

How has Marten Transport's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.2%

NasdaqGS:MRTN

0.4%

US Transportation

-0.02%

US Market


1 Year Return

-1.9%

NasdaqGS:MRTN

-0.3%

US Transportation

1.6%

US Market

MRTN underperformed the Transportation industry which returned -0.3% over the past year.

MRTN underperformed the Market in United States of America which returned 1.6% over the past year.


Share holder returns

MRTNIndustryMarket
7 Day-3.2%0.4%-0.02%
30 Day8.5%2.4%2.7%
90 Day24.3%-5.2%1.4%
1 Year2.1%-1.9%1.4%-0.3%3.8%1.6%
3 Year72.6%64.4%81.4%72.8%45.2%35.8%
5 Year110.6%98.6%74.1%59.0%61.8%44.1%

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

Valuation

Is Marten Transport undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Marten Transport's share price is below the future cash flow value, and at a moderate discount (> 20%).

Marten Transport's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Marten Transport is overvalued based on earnings compared to the US Transportation industry average.

Marten Transport is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Marten Transport is poor value based on expected growth next year.


Price Based on Value of Assets

Marten Transport is overvalued based on assets compared to the US Transportation industry average.


Next Steps

Future Growth

How is Marten Transport expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

6.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Marten Transport's revenue is expected to grow by 5% yearly, however this is not considered high growth (20% yearly).

Marten Transport's earnings are expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).

Marten Transport's revenue growth is positive but not above the United States of America market average.

Marten Transport's earnings growth is positive but not above the United States of America market average.

Marten Transport's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Marten Transport will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Marten Transport performed over the past 5 years?

22.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Marten Transport has delivered over 20% year on year earnings growth in the past 5 years.

Marten Transport's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Marten Transport's 1-year earnings growth is negative, it can't be compared to the US Transportation industry average.


Return on Equity

Marten Transport has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Marten Transport used its assets more efficiently than the US Transportation industry average last year based on Return on Assets.


Return on Capital Employed

Marten Transport has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Marten Transport's financial position?


Financial Position Analysis

Marten Transport is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Marten Transport's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Marten Transport has no debt.

Marten Transport has no debt compared to 5 years ago when it was 4.5%.

Marten Transport has no debt, it does not need to be covered by operating cash flow.

Marten Transport has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Marten Transport has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Marten Transport's current dividend yield, its reliability and sustainability?

0.56%

Current Dividend Yield


Dividend Yield and Payments Analysis

Marten Transport's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Marten Transport's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Marten Transport is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Marten Transport is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Marten Transport's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Marten Transport's salary, the management and board of directors tenure and is there insider trading?

12.5yrs

Average management tenure


CEO

Randy Marten (66yo)

14.7yrs

Tenure

US$1,670,145

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

Randy's remuneration is lower than average for companies of similar size in United States of America.

Randy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

12.5yrs

Average Tenure

61.5yo

Average Age

The average tenure for the Marten Transport management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

22.7yrs

Average Tenure

68.5yo

Average Age

The average tenure for the Marten Transport board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$185,62212 Feb 19
Randolph Marten
EntityIndividual
Role
Chief Executive Officer
Chairman of the Board & CEO
Shares9,997
Max PriceUS$18.58
SellUS$1,711,61007 Feb 19
Randolph Marten
EntityIndividual
Role
Chief Executive Officer
Chairman of the Board & CEO
Shares90,003
Max PriceUS$19.20

Ownership Breakdown


Management Team

  • Randy Marten (66yo)

    Chairman of the Board & CEO

    • Tenure: 14.7yrs
    • Compensation: US$1.67m
  • Tim Kohl (71yo)

    President

    • Tenure: 11.3yrs
    • Compensation: US$1.23m
  • John Turner (57yo)

    Senior Vice President of Sales

    • Tenure: 5.8yrs
    • Compensation: US$688.23k
  • Tom Letscher

    Secretary

    • Tenure: 0yrs
  • Jim Hinnendael (56yo)

    Executive VP & CFO

    • Tenure: 13.7yrs
    • Compensation: US$754.28k

Board Members

  • Randy Marten (66yo)

    Chairman of the Board & CEO

    • Tenure: 14.7yrs
    • Compensation: US$1.67m
  • Bob Demorest (73yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: US$79.69k
  • Jerry Bauer (67yo)

    Director

    • Tenure: 22.7yrs
    • Compensation: US$77.44k
  • Larry Hagness (69yo)

    Director

    • Tenure: 28.2yrs
    • Compensation: US$77.44k
  • Thomas Winkel (76yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$115.44k
  • Ronald Booth (68yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: US$84.86k

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$1.169b
  • Shares outstanding: 54.63m
  • Website: https://www.marten.com

Number of Employees


Location

  • Marten Transport, Ltd.
  • 129 Marten Street
  • Mondovi
  • Wisconsin
  • 54755
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MRTNNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 1986
MT9DB (Deutsche Boerse AG)YesCommon StockDEEURSep 1986

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 23:38
End of Day Share Price2019/09/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.