MARE ENGINEERING GROUP SPA (MARE.MI) Fundamental Analysis & Valuation

BIT:MARE • IT0005588626

Current stock price

3.4 EUR
+0.05 (+1.49%)
Last:

This MARE.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. MARE.MI Profitability Analysis

1.1 Basic Checks

  • MARE had negative earnings in the past year.
  • 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

  • MARE has a worse Return On Assets (-0.46%) than 70.97% of its industry peers.
  • MARE has a worse Return On Equity (-1.25%) than 70.97% of its industry peers.
  • MARE's Return On Invested Capital of 1.22% is on the low side compared to the rest of the industry. MARE is outperformed by 70.97% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MARE is significantly below the industry average of 10.85%.
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.
  • MARE has a better Operating Margin (5.80%) than 64.52% of its industry peers.
  • In the last couple of years the Operating Margin of MARE has declined.
  • The Gross Margin of MARE (109.61%) is better 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. MARE.MI Health Analysis

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.
  • Compared to 1 year ago, MARE has an improved debt to assets ratio.
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

  • MARE has an Altman-Z score of 1.25. This is a bad value and indicates that MARE is not financially healthy and even has some risk of bankruptcy.
  • MARE has a worse Altman-Z score (1.25) than 74.19% 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 45.16% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.93
Debt/FCF N/A
Altman-Z 1.25
ROIC/WACC0.18
WACC6.66%
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 93.55% of its industry peers.
  • MARE has a Quick Ratio of 1.32. This is a normal value and indicates that MARE is financially healthy and should not expect problems in meeting its short term obligations.
  • With an excellent Quick ratio value of 1.32, MARE belongs to the best of the industry, outperforming 80.65% 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. MARE.MI Growth Analysis

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.
  • MARE shows a strong growth in Revenue. In the last year, 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

  • Based on estimates for the next years, MARE will show a very strong growth in Earnings Per Share. The EPS will grow by 57.45% on average per year.
  • 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.
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. MARE.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • MARE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Based on the Price/Forward Earnings ratio of 7.14, the valuation of MARE can be described as very cheap.
  • MARE's Price/Forward Earnings ratio is rather cheap when compared to the industry. MARE is cheaper than 93.55% of the companies in the same industry.
  • MARE is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.80, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 7.14
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MARE indicates a somewhat cheap valuation: MARE is cheaper than 67.74% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.82
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. MARE.MI Dividend Analysis

5.1 Amount

  • MARE has a yearly dividend return of 0.49%, which is pretty low.
  • MARE's Dividend Yield is slightly below the industry average, which is at 2.62.
  • Compared to an average S&P500 Dividend Yield of 1.91, MARE's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.49%

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.MI Fundamentals: All Metrics, Ratios and Statistics

MARE ENGINEERING GROUP SPA

BIT:MARE (3/17/2026, 7:00:00 PM)

3.4

+0.05 (+1.49%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners7.87%
Inst Owner ChangeN/A
Ins Owners36.5%
Ins Owner ChangeN/A
Market Cap65.76M
Revenue(TTM)38.31M
Net Income(TTM)-612.50K
Analysts85
Price Target8 (135.29%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.49%
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)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 7.14
P/S 1.72
P/FCF N/A
P/OCF N/A
P/B 1.34
P/tB 6.83
EV/EBITDA 7.82
EPS(TTM)-0.05
EYN/A
EPS(NY)0.48
Fwd EY14.01%
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 1.25
F-Score2
WACC6.66%
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 5Y46.22%
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 Fundamental Analysis FAQ

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

ChartMill assigns a fundamental rating of 4 / 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 2 / 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.