MARE ENGINEERING GROUP SPA (MARE.MI) Stock Fundamental Analysis

BIT:MARE • IT0005588626

3.6 EUR
-0.16 (-4.26%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

3

MARE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 34 industry peers in the Professional Services industry. MARE may be in some trouble as it scores bad on both profitability and health. MARE is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year MARE has reported negative net income.
  • In the past year MARE has reported a negative cash flow from operations.
MARE.MI Yearly Net Income VS EBIT VS OCF VS FCFMARE.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 2024 0 2M -2M 4M -4M 6M -6M

1.2 Ratios

  • With a Return On Assets value of -0.46%, MARE is not doing good in the industry: 73.53% of the companies in the same industry are doing better.
  • MARE has a Return On Equity of -1.25%. This is in the lower half of the industry: MARE underperforms 73.53% of its industry peers.
  • The Return On Invested Capital of MARE (1.22%) is worse than 70.59% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MARE is significantly below the industry average of 11.61%.
Industry RankSector Rank
ROA -0.46%
ROE -1.25%
ROIC 1.22%
ROA(3y)3.94%
ROA(5y)N/A
ROE(3y)12.68%
ROE(5y)N/A
ROIC(3y)4.62%
ROIC(5y)N/A
MARE.MI Yearly ROA, ROE, ROICMARE.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • MARE's Profit Margin has declined in the last couple of years.
  • With a Operating Margin value of 5.80%, MARE perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
  • MARE's Operating Margin has declined in the last couple of years.
  • MARE has a better Gross Margin (109.61%) than 100.00% of its industry peers.
  • MARE's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 5.8%
PM (TTM) N/A
GM 109.61%
OM growth 3Y-6.02%
OM growth 5YN/A
PM growth 3Y-20.95%
PM growth 5YN/A
GM growth 3Y-0.19%
GM growth 5YN/A
MARE.MI Yearly Profit, Operating, Gross MarginsMARE.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 20 40 60 80 100

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • MARE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • MARE has less shares outstanding than it did 1 year ago.
  • The debt/assets ratio for MARE has been reduced compared to a year ago.
MARE.MI Yearly Shares OutstandingMARE.MI Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 2M 4M 6M 8M 10M
MARE.MI Yearly Total Debt VS Total AssetsMARE.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 20M 40M 60M 80M

2.2 Solvency

  • Based on the Altman-Z score of 1.30, we must say that MARE is in the distress zone and has some risk of bankruptcy.
  • MARE has a Altman-Z score of 1.30. This is in the lower half of the industry: MARE underperforms 76.47% of its industry peers.
  • MARE has a Debt/Equity ratio of 0.93. This is a neutral value indicating MARE is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.93, MARE is in line with its industry, outperforming 47.06% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.93
Debt/FCF N/A
Altman-Z 1.3
ROIC/WACC0.18
WACC6.76%
MARE.MI Yearly LT Debt VS Equity VS FCFMARE.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 0 10M 20M 30M 40M

2.3 Liquidity

  • A Current Ratio of 1.73 indicates that MARE should not have too much problems paying its short term obligations.
  • MARE's Current ratio of 1.73 is amongst the best of the industry. MARE outperforms 91.18% of its industry peers.
  • A Quick Ratio of 1.32 indicates that MARE should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.32, MARE is doing good in the industry, outperforming 79.41% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.73
Quick Ratio 1.32
MARE.MI Yearly Current Assets VS Current LiabilitesMARE.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 10M 20M 30M 40M 50M

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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 for MARE have decreased strongly by -121.36% in the last year.
  • Measured over the past years, MARE shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.50% on average per year.
  • Looking at the last year, MARE shows a very strong growth in Revenue. The Revenue has grown by 35.86%.
  • The Revenue has been growing by 19.91% on average over the past years. This is quite good.
EPS 1Y (TTM)-121.36%
EPS 3Y-4.5%
EPS 5YN/A
EPS Q2Q%-435.33%
Revenue 1Y (TTM)35.86%
Revenue growth 3Y19.91%
Revenue growth 5YN/A
Sales Q2Q%50.43%

3.2 Future

  • The Earnings Per Share is expected to grow by 57.45% on average over the next years. This is a very strong growth
  • MARE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 26.13% yearly.
EPS Next Y85.64%
EPS Next 2Y60.63%
EPS Next 3Y57.45%
EPS Next 5YN/A
Revenue Next Year65.48%
Revenue Next 2Y42.25%
Revenue Next 3Y31.73%
Revenue Next 5Y26.13%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
MARE.MI Yearly Revenue VS EstimatesMARE.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 20M 40M 60M 80M 100M
MARE.MI Yearly EPS VS EstimatesMARE.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 0.2 0.4 0.6

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for MARE. In the last year negative earnings were reported.
  • The Price/Forward Earnings ratio is 7.56, which indicates a rather cheap valuation of MARE.
  • Based on the Price/Forward Earnings ratio, MARE is valued cheaper than 94.12% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.96, MARE is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 7.56
MARE.MI Price Earnings VS Forward Price EarningsMARE.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40 -60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, MARE is valued a bit cheaper than the industry average as 67.65% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.49
MARE.MI Per share dataMARE.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2

4.3 Compensation for Growth

  • MARE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • MARE's earnings are expected to grow with 57.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y60.63%
EPS Next 3Y57.45%

More info and screens

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

1

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.45%, MARE is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.51, MARE is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.79, MARE's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.45%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

DPN/A
EPS Next 2Y60.63%
EPS Next 3Y57.45%
MARE.MI Yearly Income VS Free CF VS DividendMARE.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2021 2022 2023 2024 0 2M -2M -4M -6M

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Find the best dividend stocksShow peers with best dividend

MARE ENGINEERING GROUP SPA

BIT:MARE (2/13/2026, 7:00:00 PM)

3.6

-0.16 (-4.26%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners7.64%
Inst Owner ChangeN/A
Ins Owners36.5%
Ins Owner ChangeN/A
Market Cap69.62M
Revenue(TTM)38.31M
Net Income(TTM)-612.50K
Analysts85
Price Target8 (122.22%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.45%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.04%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)12.92%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 7.56
P/S 1.82
P/FCF N/A
P/OCF N/A
P/B 1.42
P/tB 7.23
EV/EBITDA 8.49
EPS(TTM)-0.05
EYN/A
EPS(NY)0.48
Fwd EY13.23%
FCF(TTM)-0.93
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS1.98
BVpS2.54
TBVpS0.5
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.46%
ROE -1.25%
ROCE 2.51%
ROIC 1.22%
ROICexc 1.35%
ROICexgc 2.27%
OM 5.8%
PM (TTM) N/A
GM 109.61%
FCFM N/A
ROA(3y)3.94%
ROA(5y)N/A
ROE(3y)12.68%
ROE(5y)N/A
ROIC(3y)4.62%
ROIC(5y)N/A
ROICexc(3y)5.12%
ROICexc(5y)N/A
ROICexgc(3y)9.63%
ROICexgc(5y)N/A
ROCE(3y)9.74%
ROCE(5y)N/A
ROICexgc growth 3Y-3.35%
ROICexgc growth 5YN/A
ROICexc growth 3Y-9.14%
ROICexc growth 5YN/A
OM growth 3Y-6.02%
OM growth 5YN/A
PM growth 3Y-20.95%
PM growth 5YN/A
GM growth 3Y-0.19%
GM growth 5YN/A
F-Score2
Asset Turnover0.29
Health
Industry RankSector Rank
Debt/Equity 0.93
Debt/FCF N/A
Debt/EBITDA 4.39
Cap/Depr 217.79%
Cap/Sales 46.29%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.73
Quick Ratio 1.32
Altman-Z 1.3
F-Score2
WACC6.76%
ROIC/WACC0.18
Cap/Depr(3y)105.51%
Cap/Depr(5y)N/A
Cap/Sales(3y)18.95%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-121.36%
EPS 3Y-4.5%
EPS 5YN/A
EPS Q2Q%-435.33%
EPS Next Y85.64%
EPS Next 2Y60.63%
EPS Next 3Y57.45%
EPS Next 5YN/A
Revenue 1Y (TTM)35.86%
Revenue growth 3Y19.91%
Revenue growth 5YN/A
Sales Q2Q%50.43%
Revenue Next Year65.48%
Revenue Next 2Y42.25%
Revenue Next 3Y31.73%
Revenue Next 5Y26.13%
EBIT growth 1Y-59.69%
EBIT growth 3Y12.69%
EBIT growth 5YN/A
EBIT Next Year297.87%
EBIT Next 3Y81.5%
EBIT Next 5Y46.24%
FCF growth 1Y-48.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y383.9%
OCF growth 3Y-17.4%
OCF growth 5YN/A

MARE ENGINEERING GROUP SPA / MARE.MI FAQ

What is the ChartMill fundamental rating of MARE ENGINEERING GROUP SPA (MARE.MI) stock?

ChartMill assigns a fundamental rating of 3 / 10 to MARE.MI.


What is the valuation status for MARE stock?

ChartMill assigns a valuation rating of 5 / 10 to MARE ENGINEERING GROUP SPA (MARE.MI). This can be considered as Fairly Valued.


How profitable is MARE ENGINEERING GROUP SPA (MARE.MI) stock?

MARE ENGINEERING GROUP SPA (MARE.MI) has a profitability rating of 1 / 10.


What is the earnings growth outlook for MARE ENGINEERING GROUP SPA?

The Earnings per Share (EPS) of MARE ENGINEERING GROUP SPA (MARE.MI) is expected to grow by 85.64% in the next year.