MARATHON DIGITAL HOLDINGS IN (MARA)
US5657881067 - Common Stock
Taking everything into account, MARA scores 4 out of 10 in our fundamental rating. MARA was compared to 277 industry peers in the Software industry. The financial health of MARA is average, but there are quite some concerns on its profitability. MARA shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year MARA was profitable.
In the past year MARA has reported a negative cash flow from operations.
In the past 5 years MARA reported 4 times negative net income.
In the past 5 years MARA always reported negative operating cash flow.
1.2 Ratios
The Return On Assets of MARA (13.01%) is better than 92.70% of its industry peers.
The Return On Equity of MARA (16.03%) is better than 87.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.01% | ||
| ROE | 16.03% | ||
| ROIC | N/A |
ROA(3y)-15.67%
ROA(5y)-20.67%
ROE(3y)-55.79%
ROE(5y)-53.58%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 66.85%, MARA belongs to the top of the industry, outperforming 98.91% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 66.85% | ||
| 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
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
MARA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.86 indicates that MARA is not in any danger for bankruptcy at the moment.
MARA's Altman-Z score of 7.86 is amongst the best of the industry. MARA outperforms 80.66% of its industry peers.
MARA has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.20, MARA perfoms like the industry average, outperforming 45.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 7.86 |
ROIC/WACCN/A
WACC9.39%
2.3 Liquidity
MARA has a Current Ratio of 30.51. This indicates that MARA is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MARA (30.51) is better than 99.27% of its industry peers.
MARA has a Quick Ratio of 30.51. This indicates that MARA is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 30.51, MARA belongs to the best of the industry, outperforming 99.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 30.51 | ||
| Quick Ratio | 30.51 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 123.12% over the past year.
MARA shows a strong growth in Revenue. In the last year, the Revenue has grown by 229.09%.
Measured over the past years, MARA shows a very strong growth in Revenue. The Revenue has been growing by 199.80% on average per year.
EPS 1Y (TTM)123.12%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q224.53%
Revenue 1Y (TTM)229.09%
Revenue growth 3Y344.91%
Revenue growth 5Y199.8%
Revenue growth Q2Q451.61%
3.2 Future
The Earnings Per Share is expected to grow by 5.11% on average over the next years.
Based on estimates for the next years, MARA will show a very strong growth in Revenue. The Revenue will grow by 29.90% on average per year.
EPS Next Y-20.19%
EPS Next 2Y-29.96%
EPS Next 3Y5.11%
EPS Next 5YN/A
Revenue Next Year102.41%
Revenue Next 2Y63.64%
Revenue Next 3Y29.9%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
MARA is valuated rather expensively with a Price/Earnings ratio of 21.11.
Based on the Price/Earnings ratio, MARA is valued cheaply inside the industry as 83.94% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.28, MARA is valued a bit cheaper.
With a Price/Forward Earnings ratio of 26.45, MARA can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, MARA is valued a bit cheaper than the industry average as 74.09% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.88, MARA is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.11 | ||
| Fwd PE | 26.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MARA is valued a bit cheaper than 68.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 50.34 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-29.96%
EPS Next 3Y5.11%
5. Dividend
5.1 Amount
No dividends for MARA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MARATHON DIGITAL HOLDINGS IN
NASDAQ:MARA (5/3/2024, 7:04:46 PM)
After market: 18.37 +0.85 (+4.85%)17.52
+0.45 (+2.64%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.78B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
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Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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PT rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.11 | ||
| Fwd PE | 26.45 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.01% | ||
| ROE | 16.03% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 66.85% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 30.51 | ||
| Quick Ratio | 30.51 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)123.12%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-20.19%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)229.09%
Revenue growth 3Y344.91%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
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FCF growth 3Y
FCF growth 5Y
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