Logo image of MAR.LS

MARTIFER SGPS SA (MAR.LS) Stock Fundamental Analysis

ELI:MAR - Euronext Lisbon - PTMFR0AM0003 - Common Stock - Currency: EUR

1.885  +0.06 (+3.57%)

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to MAR. MAR was compared to 43 industry peers in the Construction & Engineering industry. While MAR has a great profitability rating, there are some minor concerns on its financial health. MAR has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

7

1. Profitability

1.1 Basic Checks

MAR had positive earnings in the past year.
In the past year MAR had a positive cash flow from operations.
MAR had positive earnings in each of the past 5 years.
MAR had a positive operating cash flow in each of the past 5 years.
MAR.LS Yearly Net Income VS EBIT VS OCF VS FCFMAR.LS 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 0 20M -20M 40M -40M

1.2 Ratios

Looking at the Return On Assets, with a value of 6.60%, MAR is in the better half of the industry, outperforming 74.42% of the companies in the same industry.
MAR has a better Return On Equity (32.66%) than 79.07% of its industry peers.
MAR has a better Return On Invested Capital (9.00%) than 60.47% of its industry peers.
MAR had an Average Return On Invested Capital over the past 3 years of 11.81%. This is in line with the industry average of 10.72%.
Industry RankSector Rank
ROA 6.6%
ROE 32.66%
ROIC 9%
ROA(3y)5.64%
ROA(5y)5.49%
ROE(3y)44.66%
ROE(5y)106.18%
ROIC(3y)11.81%
ROIC(5y)11.56%
MAR.LS Yearly ROA, ROE, ROICMAR.LS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200 400

1.3 Margins

The Profit Margin of MAR (9.18%) is better than 81.40% of its industry peers.
MAR's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 9.11%, MAR is doing good in the industry, outperforming 65.12% of the companies in the same industry.
MAR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 30.59%, MAR is doing worse than 65.12% of the companies in the same industry.
MAR's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 9.11%
PM (TTM) 9.18%
GM 30.59%
OM growth 3Y17.6%
OM growth 5Y12.44%
PM growth 3Y52.48%
PM growth 5Y71.65%
GM growth 3Y0.1%
GM growth 5Y0.47%
MAR.LS Yearly Profit, Operating, Gross MarginsMAR.LS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40

More info and screens

5

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MAR is creating value.
The number of shares outstanding for MAR remains at a similar level compared to 1 year ago.
MAR has about the same amout of shares outstanding than it did 5 years ago.
MAR has a better debt/assets ratio than last year.
MAR.LS Yearly Shares OutstandingMAR.LS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M
MAR.LS Yearly Total Debt VS Total AssetsMAR.LS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

2.2 Solvency

Based on the Altman-Z score of 1.71, we must say that MAR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MAR (1.71) is comparable to the rest of the industry.
The Debt to FCF ratio of MAR is 1.92, which is an excellent value as it means it would take MAR, only 1.92 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MAR (1.92) is better than 76.74% of its industry peers.
A Debt/Equity ratio of 1.62 is on the high side and indicates that MAR has dependencies on debt financing.
MAR has a worse Debt to Equity ratio (1.62) than 74.42% of its industry peers.
Although MAR does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 1.62
Debt/FCF 1.92
Altman-Z 1.71
ROIC/WACC1.41
WACC6.38%
MAR.LS Yearly LT Debt VS Equity VS FCFMAR.LS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50M 100M 150M 200M 250M

2.3 Liquidity

A Current Ratio of 1.53 indicates that MAR should not have too much problems paying its short term obligations.
The Current ratio of MAR (1.53) is better than 76.74% of its industry peers.
MAR has a Quick Ratio of 1.44. This is a normal value and indicates that MAR is financially healthy and should not expect problems in meeting its short term obligations.
MAR has a better Quick ratio (1.44) than 79.07% of its industry peers.
Industry RankSector Rank
Current Ratio 1.53
Quick Ratio 1.44
MAR.LS Yearly Current Assets VS Current LiabilitesMAR.LS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M

More info and screens

4

3. Growth

3.1 Past

MAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 76.92%, which is quite impressive.
MAR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 82.06% yearly.
The Revenue has grown by 13.10% in the past year. This is quite good.
MAR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.22% yearly.
EPS 1Y (TTM)76.92%
EPS 3Y49.38%
EPS 5Y82.06%
EPS Q2Q%33.33%
Revenue 1Y (TTM)13.1%
Revenue growth 3Y-4.09%
Revenue growth 5Y0.22%
Sales Q2Q%20.08%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MAR.LS Yearly Revenue VS EstimatesMAR.LS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M 250M

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 8.20 indicates a reasonable valuation of MAR.
MAR's Price/Earnings ratio is rather cheap when compared to the industry. MAR is cheaper than 90.70% of the companies in the same industry.
MAR is valuated cheaply when we compare the Price/Earnings ratio to 28.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 8.2
Fwd PE N/A
MAR.LS Price Earnings VS Forward Price EarningsMAR.LS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

93.02% of the companies in the same industry are more expensive than MAR, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 3.11
EV/EBITDA N/A
MAR.LS Per share dataMAR.LS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5 2

4.3 Compensation for Growth

MAR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.1
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

No dividends for MAR!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

MARTIFER SGPS SA

ELI:MAR (5/5/2025, 7:00:00 PM)

1.885

+0.06 (+3.57%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners0.4%
Inst Owner ChangeN/A
Ins Owners5.9%
Ins Owner ChangeN/A
Market Cap188.50M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)-17.69%
DP0.74%
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 8.2
Fwd PE N/A
P/S 0.78
P/FCF 3.11
P/OCF 2.92
P/B 2.78
P/tB 3.34
EV/EBITDA N/A
EPS(TTM)0.23
EY12.2%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.61
FCFY32.21%
OCF(TTM)0.65
OCFY34.23%
SpS2.41
BVpS0.68
TBVpS0.56
PEG (NY)N/A
PEG (5Y)0.1
Profitability
Industry RankSector Rank
ROA 6.6%
ROE 32.66%
ROCE 11.39%
ROIC 9%
ROICexc 22.88%
ROICexgc 26.91%
OM 9.11%
PM (TTM) 9.18%
GM 30.59%
FCFM 25.19%
ROA(3y)5.64%
ROA(5y)5.49%
ROE(3y)44.66%
ROE(5y)106.18%
ROIC(3y)11.81%
ROIC(5y)11.56%
ROICexc(3y)18.91%
ROICexc(5y)17.33%
ROICexgc(3y)21.32%
ROICexgc(5y)19.6%
ROCE(3y)14.94%
ROCE(5y)14.64%
ROICexcg growth 3Y22.95%
ROICexcg growth 5Y26.93%
ROICexc growth 3Y21.77%
ROICexc growth 5Y26.25%
OM growth 3Y17.6%
OM growth 5Y12.44%
PM growth 3Y52.48%
PM growth 5Y71.65%
GM growth 3Y0.1%
GM growth 5Y0.47%
F-Score5
Asset Turnover0.72
Health
Industry RankSector Rank
Debt/Equity 1.62
Debt/FCF 1.92
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 1.58%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 274.31%
Current Ratio 1.53
Quick Ratio 1.44
Altman-Z 1.71
F-Score5
WACC6.38%
ROIC/WACC1.41
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.69%
Cap/Sales(5y)0.58%
Profit Quality(3y)119.27%
Profit Quality(5y)109.71%
High Growth Momentum
Growth
EPS 1Y (TTM)76.92%
EPS 3Y49.38%
EPS 5Y82.06%
EPS Q2Q%33.33%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)13.1%
Revenue growth 3Y-4.09%
Revenue growth 5Y0.22%
Sales Q2Q%20.08%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-28.83%
EBIT growth 3Y12.79%
EBIT growth 5Y12.69%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y317.78%
FCF growth 3Y71.92%
FCF growth 5Y31.93%
OCF growth 1Y305.15%
OCF growth 3Y64.12%
OCF growth 5Y29.12%