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MARITIME RESOURCES CORP (MAE.CA) Stock Fundamental Analysis

TSX-V:MAE - TSX Venture Exchange - CA57035U1021 - Common Stock - Currency: CAD

1.27  +0.08 (+6.72%)

Fundamental Rating

2

MAE gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 805 industry peers in the Metals & Mining industry. MAE scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. MAE is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

MAE had negative earnings in the past year.
In the past year MAE has reported a negative cash flow from operations.
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

MAE has a Return On Assets (-11.07%) which is comparable to the rest of the industry.
MAE has a better Return On Equity (-15.21%) than 60.12% of its industry peers.
Industry RankSector Rank
ROA -11.07%
ROE -15.21%
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

MAE does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
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

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4

2. Health

2.1 Basic Checks

MAE has more shares outstanding than it did 1 year ago.
The number of shares outstanding for MAE has been increased compared to 5 years ago.
Compared to 1 year ago, MAE has a worse debt to assets ratio.
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 4.78 indicates that MAE is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.78, MAE is doing good in the industry, outperforming 64.47% of the companies in the same industry.
MAE has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
MAE has a Debt to Equity ratio of 0.17. This is in the lower half of the industry: MAE underperforms 65.59% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.17
Debt/FCF N/A
Altman-Z 4.78
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

MAE has a Current Ratio of 2.00. This indicates that MAE is financially healthy and has no problem in meeting its short term obligations.
MAE has a Current ratio of 2.00. This is comparable to the rest of the industry: MAE outperforms 55.53% of its industry peers.
A Quick Ratio of 1.71 indicates that MAE should not have too much problems paying its short term obligations.
The Quick ratio of MAE (1.71) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2
Quick Ratio 1.71
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

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1

3. Growth

3.1 Past

The earnings per share for MAE have decreased strongly by -137.57% in the last year.
EPS 1Y (TTM)-137.57%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%48.67%
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 56.56% on average over the next years. This is a very strong growth
Based on estimates for the next years, MAE will show a decrease in Revenue. The Revenue will decrease by -3.18% on average per year.
EPS Next Y120%
EPS Next 2Y121.36%
EPS Next 3Y78.63%
EPS Next 5Y56.56%
Revenue Next Year-92.29%
Revenue Next 2Y-22.91%
Revenue Next 3Y-10.46%
Revenue Next 5Y-3.18%

3.3 Evolution

MAE.CA Yearly Revenue VS EstimatesMAE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2024 2025 2026 2027 2028 50M 100M 150M
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

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4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for MAE. In the last year negative earnings were reported.
MAE is valuated cheaply with a Price/Forward Earnings ratio of 4.25.
MAE's Price/Forward Earnings ratio is rather cheap when compared to the industry. MAE is cheaper than 97.02% 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 36.52.
Industry RankSector Rank
PE N/A
Fwd PE 4.25
MAE.CA Price Earnings VS Forward Price EarningsMAE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30

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 0.1 0.2 0.3

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.
A more expensive valuation may be justified as MAE's earnings are expected to grow with 78.63% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y121.36%
EPS Next 3Y78.63%

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0

5. Dividend

5.1 Amount

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

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MARITIME RESOURCES CORP

TSX-V:MAE (7/17/2025, 7:00:00 PM)

1.27

+0.08 (+6.72%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners1.13%
Ins Owner ChangeN/A
Market Cap142.88M
Analysts84.44
Price Target2.45 (92.91%)
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)990.91%
PT rev (3m)1153.26%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)500%
EPS NY rev (3m)500%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-76.27%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 4.25
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 3.38
P/tB 3.38
EV/EBITDA N/A
EPS(TTM)-0.08
EYN/A
EPS(NY)0.3
Fwd EY23.52%
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)-0.05
OCFYN/A
SpS0
BVpS0.38
TBVpS0.38
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -11.07%
ROE -15.21%
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
ROICexcg growth 3YN/A
ROICexcg 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-Score3
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.17
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 1325.11%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2
Quick Ratio 1.71
Altman-Z 4.78
F-Score3
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)-137.57%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%48.67%
EPS Next Y120%
EPS Next 2Y121.36%
EPS Next 3Y78.63%
EPS Next 5Y56.56%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year-92.29%
Revenue Next 2Y-22.91%
Revenue Next 3Y-10.46%
Revenue Next 5Y-3.18%
EBIT growth 1Y-6.66%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year175.38%
EBIT Next 3Y122.71%
EBIT Next 5Y105.21%
FCF growth 1Y-27.28%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-185.53%
OCF growth 3YN/A
OCF growth 5YN/A