MARE ENGINEERING GROUP SPA (MARE.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:MARE - IT0005588626 - Common Stock
3.95 EUR
+0.01 (+0.25%)
Taking everything into account, MARE scores 3 out of 10 in our fundamental rating. MARE was compared to 34 industry peers in the Professional Services industry. Both the profitability and financial health of MARE have multiple concerns. MARE is growing strongly while it is still valued neutral. This is a good combination!
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.
1.2 Ratios
With a Return On Assets value of -0.46%, MARE is not doing good in the industry: 82.35% of the companies in the same industry are doing better.
The Return On Equity of MARE (-1.25%) is worse than 82.35% of its industry peers.
MARE has a Return On Invested Capital of 1.22%. This is in the lower half of the industry: MARE underperforms 76.47% of its industry peers.
MARE had an Average Return On Invested Capital over the past 3 years of 4.62%. This is significantly below the industry average of 12.12%.
| Industry Rank | Sector 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
1.3 Margins
MARE's Profit Margin has declined in the last couple of years.
The Operating Margin of MARE (5.80%) is comparable to the rest of the industry.
MARE's Operating Margin has declined in the last couple of years.
MARE has a Gross Margin of 109.61%. This is amongst the best in the industry. MARE outperforms 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 Rank | Sector 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
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MARE is destroying value.
The number of shares outstanding for MARE has been reduced compared to 1 year ago.
MARE has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.32, we must say that MARE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.32, MARE is not doing good in the industry: 85.29% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.93 indicates that 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 44.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.32 |
ROIC/WACC0.18
WACC6.78%
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.
Looking at the Current ratio, with a value of 1.73, MARE belongs to the top of the industry, outperforming 85.29% of the companies in the same industry.
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 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.32 |
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.
Looking at the last year, MARE shows a very strong growth in Revenue. The Revenue has grown by 35.86%.
Measured over the past years, MARE shows a quite strong growth in Revenue. The Revenue has been growing by 19.91% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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 8.29, which indicates a very decent valuation of MARE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MARE indicates a rather cheap valuation: MARE is cheaper than 97.06% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.58, MARE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 8.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MARE is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.84 |
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%
5. Dividend
5.1 Amount
With a yearly dividend of 0.43%, MARE is not a good candidate for dividend investing.
MARE's Dividend Yield is slightly below the industry average, which is at 2.48.
Compared to an average S&P500 Dividend Yield of 1.87, MARE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
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%
BIT:MARE (12/16/2025, 7:00:00 PM)
3.95
+0.01 (+0.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners7.08%
Inst Owner ChangeN/A
Ins Owners36.5%
Ins Owner ChangeN/A
Market Cap76.39M
Revenue(TTM)38.31M
Net Income(TTM)-612.50K
Analysts85
Price Target8 (102.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
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)6.59%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.04%
EPS NY rev (3m)2.44%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)12.92%
Revenue NY rev (3m)37.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 8.29 | ||
| P/S | 1.99 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.56 | ||
| P/tB | 7.93 | ||
| EV/EBITDA | 8.84 |
EPS(TTM)-0.05
EYN/A
EPS(NY)0.48
Fwd EY12.06%
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 Rank | Sector 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 Rank | Sector 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 | 1.32 |
F-Score2
WACC6.78%
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 5Y46.66%
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.
Can you provide the valuation status for MARE ENGINEERING GROUP SPA?
ChartMill assigns a valuation rating of 5 / 10 to MARE ENGINEERING GROUP SPA (MARE.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for MARE ENGINEERING GROUP SPA?
MARE ENGINEERING GROUP SPA (MARE.MI) has a profitability rating of 1 / 10.
Can you provide the financial health for MARE stock?
The financial health rating of MARE ENGINEERING GROUP SPA (MARE.MI) is 3 / 10.