MARA HOLDINGS INC (MARA) Fundamental Analysis & Valuation

NASDAQ:MARA • US5657881067

8.76 USD
+0.21 (+2.46%)
At close: Mar 12, 2026
9.09 USD
+0.33 (+3.77%)
Pre-Market: 3/13/2026, 9:06:08 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MARA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to MARA. MARA was compared to 277 industry peers in the Software industry. MARA has a bad profitability rating. Also its financial health evaluation is rather negative. MARA does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

3

1. MARA Profitability Analysis

1.1 Basic Checks

  • MARA had negative earnings in the past year.
  • MARA had a negative operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: MARA reported negative net income in multiple years.
  • MARA had a negative operating cash flow in each of the past 5 years.
MARA Yearly Net Income VS EBIT VS OCF VS FCFMARA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M

1.2 Ratios

  • With an excellent Return On Assets value of 10.12%, MARA belongs to the best of the industry, outperforming 85.20% of the companies in the same industry.
  • MARA has a Return On Equity of 17.96%. This is amongst the best in the industry. MARA outperforms 85.20% of its industry peers.
Industry RankSector Rank
ROA 10.12%
ROE 17.96%
ROIC N/A
ROA(3y)-12.16%
ROA(5y)-8.47%
ROE(3y)-49.6%
ROE(5y)-31.52%
ROIC(3y)N/A
ROIC(5y)N/A
MARA Yearly ROA, ROE, ROICMARA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200 -400

1.3 Margins

  • The Profit Margin of MARA (100.82%) is better than 97.11% of its industry peers.
  • The Operating Margin and Gross Margin are not available for MARA so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 100.82%
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
MARA Yearly Profit, Operating, Gross MarginsMARA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2K -4K -6K

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. MARA Health Analysis

2.1 Basic Checks

  • MARA does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • There is no outstanding debt for MARA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
MARA Yearly Shares OutstandingMARA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
MARA Yearly Total Debt VS Total AssetsMARA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • MARA has an Altman-Z score of 0.50. This is a bad value and indicates that MARA is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.50, MARA is doing worse than 66.79% of the companies in the same industry.
  • MARA has a Debt/Equity ratio of 0.63. This is a neutral value indicating MARA is somewhat dependend on debt financing.
  • MARA has a worse Debt to Equity ratio (0.63) than 67.87% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Altman-Z 0.5
ROIC/WACCN/A
WACC9.54%
MARA Yearly LT Debt VS Equity VS FCFMARA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 2.09 indicates that MARA has no problem at all paying its short term obligations.
  • MARA has a Current ratio (2.09) which is in line with its industry peers.
  • MARA has a Quick Ratio of 2.09. This indicates that MARA is financially healthy and has no problem in meeting its short term obligations.
  • MARA has a Quick ratio (2.09) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.09
Quick Ratio 2.09
MARA Yearly Current Assets VS Current LiabilitesMARA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. MARA Growth Analysis

3.1 Past

  • MARA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -487.91%.
EPS 1Y (TTM)-487.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-672.15%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-5.63%

3.2 Future

  • Based on estimates for the next years, MARA will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.92% on average per year.
  • MARA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.11% yearly.
EPS Next Y84.64%
EPS Next 2Y42.9%
EPS Next 3Y19.92%
EPS Next 5YN/A
Revenue Next Year3.31%
Revenue Next 2Y5.44%
Revenue Next 3Y-12.55%
Revenue Next 5Y22.11%

3.3 Evolution

MARA Yearly Revenue VS EstimatesMARA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B
MARA Yearly EPS VS EstimatesMARA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 -10 -20 -30

More info and screens

Find the best growth stocksShow best growing peers

0

4. MARA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for MARA. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for MARA. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
MARA Price Earnings VS Forward Price EarningsMARA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
MARA Per share dataMARA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • MARA's earnings are expected to grow with 19.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y42.9%
EPS Next 3Y19.92%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. MARA Dividend Analysis

5.1 Amount

  • No dividends for MARA!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

MARA Fundamentals: All Metrics, Ratios and Statistics

MARA HOLDINGS INC

NASDAQ:MARA (3/12/2026, 8:00:01 PM)

Premarket: 9.09 +0.33 (+3.77%)

8.76

+0.21 (+2.46%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-26
Earnings (Next)05-06
Inst Owners69.55%
Inst Owner Change-12.77%
Ins Owners1.24%
Ins Owner Change12.86%
Market Cap3.31B
Revenue(TTM)N/A
Net Income(TTM)926.69M
Analysts75.45
Price Target20.26 (131.28%)
Short Float %29.72%
Short Ratio2.48
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)1
Avg EPS beat(2)84.39%
Min EPS beat(2)-31.5%
Max EPS beat(2)200.28%
EPS beat(4)2
Avg EPS beat(4)-998.97%
Min EPS beat(4)-4177.95%
Max EPS beat(4)200.28%
EPS beat(8)4
Avg EPS beat(8)-253.61%
EPS beat(12)6
Avg EPS beat(12)-155.42%
EPS beat(16)6
Avg EPS beat(16)-179.65%
Revenue beat(2)1
Avg Revenue beat(2)2.04%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)5.37%
Revenue beat(4)2
Avg Revenue beat(4)2.62%
Min Revenue beat(4)-6.36%
Max Revenue beat(4)12.77%
Revenue beat(8)3
Avg Revenue beat(8)-2.24%
Revenue beat(12)4
Avg Revenue beat(12)-4.59%
Revenue beat(16)5
Avg Revenue beat(16)-7.87%
PT rev (1m)-4.74%
PT rev (3m)-12.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-206.67%
EPS NY rev (1m)0%
EPS NY rev (3m)-69.31%
Revenue NQ rev (1m)-0.24%
Revenue NQ rev (3m)-0.04%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.04%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 3.6
P/FCF N/A
P/OCF N/A
P/B 0.64
P/tB 0.65
EV/EBITDA N/A
EPS(TTM)-3.53
EYN/A
EPS(NY)-0.54
Fwd EYN/A
FCF(TTM)-3.5
FCFYN/A
OCF(TTM)-2.36
OCFYN/A
SpS2.43
BVpS13.64
TBVpS13.42
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 10.12%
ROE 17.96%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 100.82%
GM N/A
FCFM N/A
ROA(3y)-12.16%
ROA(5y)-8.47%
ROE(3y)-49.6%
ROE(5y)-31.52%
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-Score1
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 69.19%
Cap/Sales 46.97%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.09
Quick Ratio 2.09
Altman-Z 0.5
F-Score1
WACC9.54%
ROIC/WACCN/A
Cap/Depr(3y)247.24%
Cap/Depr(5y)1644.95%
Cap/Sales(3y)163.79%
Cap/Sales(5y)566.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-487.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-672.15%
EPS Next Y84.64%
EPS Next 2Y42.9%
EPS Next 3Y19.92%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-5.63%
Revenue Next Year3.31%
Revenue Next 2Y5.44%
Revenue Next 3Y-12.55%
Revenue Next 5Y22.11%
EBIT growth 1Y-41.24%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year257.04%
EBIT Next 3Y17.54%
EBIT Next 5Y36.19%
FCF growth 1Y-261.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-181%
OCF growth 3YN/A
OCF growth 5YN/A

MARA HOLDINGS INC / MARA FAQ

Can you provide the ChartMill fundamental rating for MARA HOLDINGS INC?

ChartMill assigns a fundamental rating of 2 / 10 to MARA.


What is the valuation status of MARA HOLDINGS INC (MARA) stock?

ChartMill assigns a valuation rating of 0 / 10 to MARA HOLDINGS INC (MARA). This can be considered as Overvalued.


What is the profitability of MARA stock?

MARA HOLDINGS INC (MARA) has a profitability rating of 3 / 10.


Can you provide the financial health for MARA stock?

The financial health rating of MARA HOLDINGS INC (MARA) is 3 / 10.