MARA HOLDINGS INC (MARA) Stock Fundamental Analysis

NASDAQ:MARA • US5657881067

8.015 USD
+0.06 (+0.69%)
Last: Feb 20, 2026, 09:59 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall MARA gets a fundamental rating of 4 out of 10. We evaluated MARA against 276 industry peers in the Software industry. MARA has a bad profitability rating. Also its financial health evaluation is rather negative. MARA is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year MARA was profitable.
  • MARA had a negative operating cash flow in the past year.
  • In multiple years MARA reported negative net income over the last 5 years.
  • In the past 5 years MARA always reported negative operating cash flow.
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

  • The Return On Assets of MARA (10.12%) is better than 82.97% of its industry peers.
  • The Return On Equity of MARA (17.96%) is better than 85.87% 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

  • With an excellent Profit Margin value of 100.82%, MARA belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
  • MARA does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • MARA does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for MARA has been increased compared to 1 year ago.
  • Compared to 5 years ago, MARA has more shares outstanding
  • Compared to 1 year ago, MARA has a worse debt to assets ratio.
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

  • Based on the Altman-Z score of 0.45, we must say that MARA is in the distress zone and has some risk of bankruptcy.
  • MARA's Altman-Z score of 0.45 is on the low side compared to the rest of the industry. MARA is outperformed by 67.03% of its industry peers.
  • MARA has a Debt/Equity ratio of 0.63. This is a neutral value indicating MARA is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.63, MARA is not doing good in the industry: 69.20% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Altman-Z 0.45
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 better Current ratio (2.09) than 60.51% of 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.
  • The Quick ratio of MARA (2.09) is better than 60.87% of its industry peers.
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

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 128.21% over the past year.
  • MARA shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.32%.
  • Measured over the past years, MARA shows a very strong growth in Revenue. The Revenue has been growing by 252.85% on average per year.
EPS 1Y (TTM)128.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%173.81%
Revenue 1Y (TTM)20.32%
Revenue growth 3Y60.35%
Revenue growth 5Y252.85%
Sales Q2Q%91.73%

3.2 Future

  • The Earnings Per Share is expected to decrease by -34.97% on average over the next years. This is quite bad
  • Based on estimates for the next years, MARA will show a very strong growth in Revenue. The Revenue will grow by 27.19% on average per year.
EPS Next Y-67.57%
EPS Next 2Y-77.4%
EPS Next 3Y-34.97%
EPS Next 5YN/A
Revenue Next Year49.78%
Revenue Next 2Y30.65%
Revenue Next 3Y23.77%
Revenue Next 5Y27.19%

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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 0 -10 -20 -30

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • MARA is valuated cheaply with a Price/Earnings ratio of 4.50.
  • Based on the Price/Earnings ratio, MARA is valued cheaper than 96.74% of the companies in the same industry.
  • MARA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.09.
  • A Price/Forward Earnings ratio of 172.51 indicates a quite expensive valuation of MARA.
  • Based on the Price/Forward Earnings ratio, MARA is valued a bit more expensive than the industry average as 63.41% of the companies are valued more cheaply.
  • MARA is valuated expensively when we compare the Price/Forward Earnings ratio to 27.98, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 4.5
Fwd PE 172.51
MARA Price Earnings VS Forward Price EarningsMARA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

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

  • A cheap valuation may be justified as MARA's earnings are expected to decrease with -34.97% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-77.4%
EPS Next 3Y-34.97%

More info and screens

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

0

5. Dividend

5.1 Amount

  • MARA does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

MARA HOLDINGS INC

NASDAQ:MARA (2/20/2026, 9:59:08 AM)

8.015

+0.06 (+0.69%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-04
Earnings (Next)03-04
Inst Owners77.68%
Inst Owner Change-3.58%
Ins Owners0.47%
Ins Owner Change-1.24%
Market Cap3.03B
Revenue(TTM)919.17M
Net Income(TTM)926.69M
Analysts77.14
Price Target21.27 (165.38%)
Short Float %30.39%
Short Ratio2.67
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)-7.16%
PT rev (3m)-12.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-410.99%
EPS NY rev (1m)-59.33%
EPS NY rev (3m)-82.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.38%
Valuation
Industry RankSector Rank
PE 4.5
Fwd PE 172.51
P/S 3.3
P/FCF N/A
P/OCF N/A
P/B 0.59
P/tB 0.6
EV/EBITDA N/A
EPS(TTM)1.78
EY22.21%
EPS(NY)0.05
Fwd EY0.58%
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 Number23.37
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 0.45
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)128.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%173.81%
EPS Next Y-67.57%
EPS Next 2Y-77.4%
EPS Next 3Y-34.97%
EPS Next 5YN/A
Revenue 1Y (TTM)20.32%
Revenue growth 3Y60.35%
Revenue growth 5Y252.85%
Sales Q2Q%91.73%
Revenue Next Year49.78%
Revenue Next 2Y30.65%
Revenue Next 3Y23.77%
Revenue Next 5Y27.19%
EBIT growth 1Y-41.24%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year257.35%
EBIT Next 3Y25.08%
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 4 / 10 to MARA.


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

ChartMill assigns a valuation rating of 2 / 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 PE and PB ratios for MARA stock?

The Price/Earnings (PE) ratio for MARA HOLDINGS INC (MARA) is 4.5 and the Price/Book (PB) ratio is 0.59.


How financially healthy is MARA HOLDINGS INC?

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