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MARITIME RESOURCES CORP (MAE.CA) Stock Fundamental Analysis

Canada - TSX Venture Exchange - TSX-V:MAE - CA57035U7069 - Common Stock

2.24 CAD
+0.11 (+5.16%)
Last: 11/12/2025, 7:00:00 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to MAE. MAE was compared to 796 industry peers in the Metals & Mining industry. While MAE seems to be doing ok healthwise, there are quite some concerns on its profitability. MAE is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

MAE had negative earnings in the past year.
MAE had a negative operating cash flow in the past year.
MAE had negative earnings in each of the past 5 years.
MAE had a negative operating cash flow in each of the past 5 years.
MAE.CA Yearly Net Income VS EBIT VS OCF VS FCFMAE.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -2M -4M -6M -8M -10M

1.2 Ratios

The Return On Assets of MAE (-5.09%) is better than 67.63% of its industry peers.
MAE has a Return On Equity of -6.55%. This is in the better half of the industry: MAE outperforms 67.63% of its industry peers.
Industry RankSector Rank
ROA -5.09%
ROE -6.55%
ROIC N/A
ROA(3y)-7.16%
ROA(5y)-6.14%
ROE(3y)-9.18%
ROE(5y)-7.45%
ROIC(3y)N/A
ROIC(5y)N/A
MAE.CA Yearly ROA, ROE, ROICMAE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -5 -10 -15 -20

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for MAE so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
MAE.CA Yearly Profit, Operating, Gross MarginsMAE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

5

2. Health

2.1 Basic Checks

Compared to 1 year ago, MAE has more shares outstanding
Compared to 5 years ago, MAE has more shares outstanding
MAE has a worse debt/assets ratio than last year.
MAE.CA Yearly Shares OutstandingMAE.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
MAE.CA Yearly Total Debt VS Total AssetsMAE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

2.2 Solvency

An Altman-Z score of 8.31 indicates that MAE is not in any danger for bankruptcy at the moment.
MAE has a Altman-Z score of 8.31. This is in the better half of the industry: MAE outperforms 65.38% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that MAE is not too dependend on debt financing.
MAE has a Debt to Equity ratio of 0.11. This is in the lower half of the industry: MAE underperforms 64.63% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF N/A
Altman-Z 8.31
ROIC/WACCN/A
WACCN/A
MAE.CA Yearly LT Debt VS Equity VS FCFMAE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M 30M 40M

2.3 Liquidity

A Current Ratio of 5.05 indicates that MAE has no problem at all paying its short term obligations.
MAE's Current ratio of 5.05 is fine compared to the rest of the industry. MAE outperforms 72.38% of its industry peers.
A Quick Ratio of 4.54 indicates that MAE has no problem at all paying its short term obligations.
MAE has a Quick ratio of 4.54. This is in the better half of the industry: MAE outperforms 70.25% of its industry peers.
Industry RankSector Rank
Current Ratio 5.05
Quick Ratio 4.54
MAE.CA Yearly Current Assets VS Current LiabilitesMAE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M

1

3. Growth

3.1 Past

MAE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.62%.
EPS 1Y (TTM)-6.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%119.5%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

The Earnings Per Share is expected to grow by 57.20% on average over the next years. This is a very strong growth
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y120%
EPS Next 2Y121.36%
EPS Next 3Y78.63%
EPS Next 5Y57.2%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MAE.CA Yearly Revenue VS EstimatesMAE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2025 2026 2027 2028 50M 100M
MAE.CA Yearly EPS VS EstimatesMAE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0 0.1 -0.1 0.2 0.3 0.4

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for MAE. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 7.50 indicates a rather cheap valuation of MAE.
Based on the Price/Forward Earnings ratio, MAE is valued cheaper than 94.25% of the companies in the same industry.
MAE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.10.
Industry RankSector Rank
PE N/A
Fwd PE 7.5
MAE.CA Price Earnings VS Forward Price EarningsMAE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
MAE.CA Per share dataMAE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 0.4

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MAE's earnings are expected to grow with 78.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y121.36%
EPS Next 3Y78.63%

0

5. Dividend

5.1 Amount

MAE does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

MARITIME RESOURCES CORP

TSX-V:MAE (11/12/2025, 7:00:00 PM)

2.24

+0.11 (+5.16%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-14 2025-08-14
Earnings (Next)N/A N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners0.91%
Ins Owner ChangeN/A
Market Cap255.29M
Revenue(TTM)3.40M
Net Income(TTM)-4.17M
Analysts84
Price Target2.24 (0%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 7.5
P/S 75.05
P/FCF N/A
P/OCF N/A
P/B 4.01
P/tB 4.01
EV/EBITDA N/A
EPS(TTM)-0.06
EYN/A
EPS(NY)0.3
Fwd EY13.33%
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0.03
BVpS0.56
TBVpS0.56
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -5.09%
ROE -6.55%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-7.16%
ROA(5y)-6.14%
ROE(3y)-9.18%
ROE(5y)-7.45%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 2981.62%
Cap/Sales 227.03%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 5.05
Quick Ratio 4.54
Altman-Z 8.31
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)2145.22%
Cap/Depr(5y)8400.68%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%119.5%
EPS Next Y120%
EPS Next 2Y121.36%
EPS Next 3Y78.63%
EPS Next 5Y57.2%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y54.5%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year175.38%
EBIT Next 3Y154.44%
EBIT Next 5Y106.32%
FCF growth 1Y-93.62%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-20.13%
OCF growth 3YN/A
OCF growth 5YN/A

MARITIME RESOURCES CORP / MAE.CA FAQ

What is the ChartMill fundamental rating of MARITIME RESOURCES CORP (MAE.CA) stock?

ChartMill assigns a fundamental rating of 3 / 10 to MAE.CA.


Can you provide the valuation status for MARITIME RESOURCES CORP?

ChartMill assigns a valuation rating of 4 / 10 to MARITIME RESOURCES CORP (MAE.CA). This can be considered as Fairly Valued.


What is the profitability of MAE stock?

MARITIME RESOURCES CORP (MAE.CA) has a profitability rating of 1 / 10.


Can you provide the financial health for MAE stock?

The financial health rating of MARITIME RESOURCES CORP (MAE.CA) is 5 / 10.