MLM Intrinsic Value – Martin Marietta Materials Stock Drops Monday, Lags Behind Market
November 16, 2023
🌧️Trending News
Martin Marietta Materials ($NYSE:MLM) Inc. stock dropped significantly on Monday, lagging behind the average market performance. The company, which is a leading supplier of aggregates, cement, ready mixed concrete, asphalt, and paving and construction services, has seen their stock remain relatively steady for the past month. However, this Monday saw a sharp decline in the company’s stock.
Market Price
Monday saw a significant drop in shares of Martin Marietta Materials Inc. (MARTIN MARIETTA MATERIALS). Tuesday saw a slight recovery for the company, with stock opening at $456.6 and closing at $464.6, representing an increase of 2.8% from its previous closing price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MLM. More…
| Total Revenues | Net Income | Net Margin |
| 6.65k | 1.06k | 16.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MLM. More…
| Operations | Investing | Financing |
| 1.4k | 166.9 | -1.06k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MLM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.92k | 7.11k | 126.24 |
Key Ratios Snapshot
Some of the financial key ratios for MLM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.6% | 16.3% | 23.3% |
| FCF Margin | ROE | ROA |
| 11.5% | 12.7% | 6.5% |
Analysis – MLM Intrinsic Value
At GoodWhale, we have conducted an analysis of the wellbeing of MARTIN MARIETTA MATERIALS, and we are pleased to share our findings with you. Our proprietary Valuation Line technique has calculated that the intrinsic value of MARTIN MARIETTA MATERIALS share is around $427.4. More…
Peers
Martin Marietta Materials, Inc. is engaged in the production and sale of construction aggregates, primarily crushed stone, sand and gravel, through a network of operations in 32 states, Canada and the Bahamas. It is one of the largest producers of construction aggregates in the United States.
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– Vulcan Materials Co ($NYSE:VMC)
Vulcan Materials Co is a publicly traded company that is involved in the mining, production, and sale of construction materials. It is one of the largest producers of aggregates in the United States. The company has a market cap of 20.57B as of 2022 and a Return on Equity of 8.68%. Vulcan Materials Co is a company that is worth investing in because of its size, market share, and profitability.
– Summit Materials Inc ($NYSE:SUM)
Summit Materials Inc is a construction materials company with a market cap of 2.97B as of 2022. The company has a return on equity of 15.1%. Summit Materials Inc produces and sells construction materials, including aggregates, cement, ready-mixed concrete, asphalt, and paving products. The company operates in the United States, Canada, China, and the United Kingdom.
Summary
Martin Marietta Materials, Inc. (MML) saw its stock fall Monday, underperforming the general market. Investors are concerned about the company’s recent financial performance and growth outlook.
Additionally, the company’s cash balance has also decreased due to increased working capital needs. Despite these negative numbers, MML has made progress in reducing their debt and improving their liquidity position. Analysts are now watching to see if the company can continue to reduce their debt and improve their balance sheet, as well as strengthen their growth outlook to meet investor expectations.
