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

Overall MARE gets a fundamental rating of 3 out of 10. We evaluated MARE 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 not priced too expensively while it is growing strongly. 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.
  • MARE had a negative operating cash flow in the past year.
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.
  • With a Return On Invested Capital value of 1.22%, MARE is not doing good in the industry: 70.59% of the companies in the same industry are doing better.
  • MARE had an Average Return On Invested Capital over the past 3 years of 4.62%. This 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.
  • In the last couple of years the Gross Margin of MARE has remained more or less at the same level.
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

More info and screens

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.
  • Looking at the Altman-Z score, with a value of 1.30, MARE is doing worse than 76.47% of the companies in the same industry.
  • MARE has a Debt/Equity ratio of 0.93. This is a neutral value indicating MARE is somewhat dependend on debt financing.
  • MARE has a Debt to Equity ratio (0.93) which is in line with its industry peers.
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

  • MARE has a Current Ratio of 1.73. This is a normal value and indicates that MARE is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of MARE (1.73) is better than 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.
  • MARE has a Quick ratio of 1.32. This is in the better half of the industry: MARE outperforms 79.41% of its industry peers.
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

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 for MARE have decreased strongly by -121.36% in the last year.
  • MARE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.50% yearly.
  • The Revenue has grown by 35.86% in the past year. This is a very strong growth!
  • 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

  • MARE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 57.45% yearly.
  • The Revenue is expected to grow by 26.13% on average over the next years. This is a very strong growth
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • MARE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • A Price/Forward Earnings ratio of 7.56 indicates a rather cheap valuation of MARE.
  • Based on the Price/Forward Earnings ratio, MARE is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
  • MARE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.96.
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.
  • A more expensive valuation may be justified as MARE's earnings are expected to grow with 57.45% in the coming years.
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

More info and screens

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.