Financials Martinrea International Inc.

Equities

MRE

CA5734591046

Auto, Truck & Motorcycle Parts

Market Closed - Toronto S.E. 04:00:00 2024-05-17 pm EDT 5-day change 1st Jan Change
12.5 CAD 0.00% Intraday chart for Martinrea International Inc. +3.91% -12.83%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,185 1,193 924.2 905.2 1,130 958.2 - -
Enterprise Value (EV) 1 1,847 2,087 2,022 2,087 2,171 1,847 1,682 958.2
P/E ratio 6.53 x -43.7 x 25.6 x 6.82 x 7.43 x 5.02 x 3.96 x -
Yield 1.26% - - - - 1.6% 1.6% -
Capitalization / Revenue 0.31 x 0.35 x 0.24 x 0.19 x 0.21 x 0.18 x 0.18 x 0.17 x
EV / Revenue 0.48 x 0.62 x 0.53 x 0.44 x 0.41 x 0.35 x 0.31 x 0.17 x
EV / EBITDA 3.66 x 5.71 x 6.37 x 4.05 x 3.52 x 2.84 x 2.44 x 1.38 x
EV / FCF 15.7 x 38.6 x -17 x 36.4 x 10.3 x 20 x 10.6 x -
FCF Yield 6.36% 2.59% -5.87% 2.75% 9.67% 4.99% 9.43% -
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 82,791 80,294 80,367 80,387 78,793 76,654 - -
Reference price 2 14.31 14.86 11.50 11.26 14.34 12.50 12.50 12.50
Announcement Date 3/5/20 3/4/21 3/3/22 3/2/23 2/29/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,864 3,375 3,784 4,758 5,340 5,267 5,438 5,581
EBITDA 1 504.6 365.5 317.6 515.9 616.7 650.2 687.9 696
EBIT 1 288.3 124 68.39 230.1 297.3 311.2 349 381
Operating Margin 7.46% 3.67% 1.81% 4.84% 5.57% 5.91% 6.42% 6.83%
Earnings before Tax (EBT) 1 225 -15.31 47.26 174 197.2 248.1 316.2 -
Net income 1 181.2 -27.32 35.88 132.8 153.7 188.2 235.4 -
Net margin 4.69% -0.81% 0.95% 2.79% 2.88% 3.57% 4.33% -
EPS 2 2.190 -0.3400 0.4500 1.650 1.930 2.490 3.160 -
Free Cash Flow 1 117.5 54.13 -118.7 57.33 210 92.17 158.6 -
FCF margin 3.04% 1.6% -3.14% 1.2% 3.93% 1.75% 2.92% -
FCF Conversion (EBITDA) 23.29% 14.81% - 11.11% 34.05% 14.17% 23.06% -
FCF Conversion (Net income) 64.86% - - 43.16% 136.63% 48.98% 67.37% -
Dividend per Share 2 0.1800 - - - - 0.2000 0.2000 -
Announcement Date 3/5/20 3/4/21 3/3/22 3/2/23 2/29/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,053 1,155 1,114 1,194 1,295 1,304 1,361 1,379 1,296 1,324 1,348 1,296 1,304 - -
EBITDA 1 63.24 112.4 114.3 140.2 149 152.5 160.6 163.5 140.1 162.8 167 160.5 159.7 170.6 179.2
EBIT 1 -2.9 44.29 45.54 61.63 70.56 75.18 82.44 83.02 56.65 72.93 82.81 75.27 76.26 - -
Operating Margin -0.28% 3.83% 4.09% 5.16% 5.45% 5.77% 6.06% 6.02% 4.37% 5.51% 6.14% 5.81% 5.85% - -
Earnings before Tax (EBT) 1 -13.06 33.43 34.38 50.58 55.66 60.25 61.53 68.46 6.92 57.57 65.02 56.11 65.7 - -
Net income 1 -9.653 25.21 25.47 35.93 46.23 48.17 49.9 53.74 1.85 43.65 48.76 42.85 49.72 - -
Net margin -0.92% 2.18% 2.29% 3.01% 3.57% 3.69% 3.67% 3.9% 0.14% 3.3% 3.62% 3.31% 3.81% - -
EPS 2 -0.1200 0.3100 0.3200 0.4500 0.5800 0.6000 0.6200 0.6800 0.0200 0.5600 0.6350 0.5600 0.6550 - -
Dividend per Share 2 - - - - - - 0.0500 0.0500 - 0.0500 0.0500 0.0500 0.0500 - -
Announcement Date 3/3/22 5/5/22 8/8/22 11/1/22 3/2/23 5/4/23 8/9/23 11/8/23 2/29/24 5/2/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 663 894 1,097 1,182 1,041 889 723 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.313 x 2.447 x 3.456 x 2.291 x 1.689 x 1.367 x 1.052 x -
Free Cash Flow 1 118 54.1 -119 57.3 210 92.2 159 -
ROE (net income / shareholders' equity) 15.3% 3.91% 2.8% 11.1% 12.4% - - -
ROA (Net income/ Total Assets) 6.03% 1.45% 0.94% 3.65% 4.34% - - -
Assets 1 3,004 -1,884 3,809 3,642 3,541 - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 4.860 4.430 2.240 5.450 6.420 7.060 8.010 -
Capex 1 284 289 290 376 295 334 340 -
Capex / Sales 7.35% 8.55% 7.67% 7.91% 5.53% 6.35% 6.25% -
Announcement Date 3/5/20 3/4/21 3/3/22 3/2/23 2/29/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
12.5 CAD
Average target price
17.84 CAD
Spread / Average Target
+42.75%
Consensus
  1. Stock Market
  2. Equities
  3. MRE Stock
  4. Financials Martinrea International Inc.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW