MLM Intrinsic Value – Martin Marietta Materials Stock Plummets on Friday, Undershoots Market Performance
December 17, 2023
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Martin Marietta Materials ($NYSE:MLM) Inc., a leading U.S.-based supplier of aggregates, cement, asphalt, and ready-mix concrete, saw its stock take a dive on Friday, underperforming the broader market. It serves both public and private clients in the construction, energy, industrial, infrastructure, and environmental markets in the U.S. and Canada.
Stock Price
On Friday, Martin Marietta Materials Inc. (MARTIN MARIETTA) saw their stock fall drastically, significantly underperforming the broader market. On Monday, the stock opened at $460.0 and closed at $465.6, up by 0.8% from prior closing price of 462.0. However, it wasn’t enough to prevent the dramatic plunge on Friday. Investors were less than pleased with MARTIN MARIETTA stock this week, and its close on Friday was far below the performance of the broader market. 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
GoodWhale recently conducted an analysis of MARTIN MARIETTA MATERIALS’ wellbeing. Our proprietary Valuation Line calculated the fair value of MARTIN MARIETTA MATERIALS’ stock to be around $429.0. However, currently, MARTIN MARIETTA MATERIALS stock is trading at a price of $465.6, which means that the stock is overvalued by 8.5%. We believe that investors should take this into consideration when considering investing in MARTIN MARIETTA MATERIALS. More…
Peers
Martin Marietta Materials, Inc. is engaged in the production and sale of construction aggregates, primarily crushed stone, sand and gravel, through a network of operations in 32 states, Canada and the Bahamas. It is one of the largest producers of construction aggregates in the United States.
– GCC SAB de CV ($OTCPK:GCWOF)
GCC SAB de CV is a Mexican chemical company with a market cap of 1.99B as of 2022. The company has a Return on Equity of 11.67%. GCC SAB de CV produces a wide range of chemicals, including fertilizers, pesticides, and explosives. The company has over 3,000 employees and operates in more than 30 countries.
– 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. (MART) stock declined on Friday, underperforming the broader market. Investors should conduct an in-depth analysis of the company’s fundamentals before making any investment decisions. Factors to consider include an evaluation of the company’s financial performance, including revenue, cash flow, and profitability. Investors should also assess the company’s competitive advantages, such as customers, market share, brand, innovation, strategy, and execution.
Additionally, they should examine the company’s management team, board composition, and corporate governance practices. Furthermore, investors should consider the macroeconomic environment and any external risks that may impact the company’s operations or financial stability. Finally, when investing in MART, investors should weigh their own risk tolerance and financial goals before making any investments.
