Marel hf (MAREL.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:MAREL - IS0000000388 - Common Stock
4.55 EUR
+0.12 (+2.71%)
Overall MAREL gets a fundamental rating of 2 out of 10. We evaluated MAREL against 108 industry peers in the Machinery industry. Both the profitability and financial health of MAREL have multiple concerns. MAREL does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
MAREL had positive earnings in the past year.
MAREL had a positive operating cash flow in the past year.
Each year in the past 5 years MAREL has been profitable.
Each year in the past 5 years MAREL had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.44%, MAREL is doing worse than 63.37% of the companies in the same industry.
MAREL has a Return On Equity of 1.10%. This is in the lower half of the industry: MAREL underperforms 61.39% of its industry peers.
With a Return On Invested Capital value of 3.55%, MAREL is not doing good in the industry: 63.37% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for MAREL is below the industry average of 9.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.44% | ||
| ROE | 1.1% | ||
| ROIC | 3.55% |
ROA(3y)2.73%
ROA(5y)3.95%
ROE(3y)6.07%
ROE(5y)8.09%
ROIC(3y)5.23%
ROIC(5y)6.94%
1.3 Margins
Looking at the Profit Margin, with a value of 0.69%, MAREL is doing worse than 62.38% of the companies in the same industry.
MAREL's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 5.21%, MAREL is in line with its industry, outperforming 49.51% of the companies in the same industry.
MAREL's Operating Margin has declined in the last couple of years.
MAREL has a Gross Margin (36.06%) which is in line with its industry peers.
MAREL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.21% | ||
| PM (TTM) | 0.69% | ||
| GM | 36.06% |
OM growth 3Y-23.73%
OM growth 5Y-17.24%
PM growth 3Y-39.86%
PM growth 5Y-29.33%
GM growth 3Y-2.31%
GM growth 5Y-2.35%
2. Health
2.1 Basic Checks
MAREL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MAREL has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for MAREL has been increased compared to 5 years ago.
The debt/assets ratio for MAREL has remained at the same level compared to a year ago.
2.2 Solvency
MAREL has an Altman-Z score of 2.59. This is not the best score and indicates that MAREL is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.59, MAREL is in the better half of the industry, outperforming 64.36% of the companies in the same industry.
The Debt to FCF ratio of MAREL is 17.03, which is on the high side as it means it would take MAREL, 17.03 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 17.03, MAREL is doing worse than 63.37% of the companies in the same industry.
A Debt/Equity ratio of 0.84 indicates that MAREL is somewhat dependend on debt financing.
MAREL's Debt to Equity ratio of 0.84 is on the low side compared to the rest of the industry. MAREL is outperformed by 70.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 17.03 | ||
| Altman-Z | 2.59 |
ROIC/WACC0.64
WACC5.55%
2.3 Liquidity
A Current Ratio of 1.36 indicates that MAREL should not have too much problems paying its short term obligations.
MAREL has a Current ratio of 1.36. This is in the lower half of the industry: MAREL underperforms 65.35% of its industry peers.
A Quick Ratio of 0.77 indicates that MAREL may have some problems paying its short term obligations.
MAREL's Quick ratio of 0.77 is on the low side compared to the rest of the industry. MAREL is outperformed by 69.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The earnings per share for MAREL have decreased strongly by -72.06% in the last year.
MAREL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -25.45% yearly.
Looking at the last year, MAREL shows a decrease in Revenue. The Revenue has decreased by -5.67% in the last year.
MAREL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.52% yearly.
EPS 1Y (TTM)-72.06%
EPS 3Y-32.75%
EPS 5Y-25.45%
EPS Q2Q%-62.39%
Revenue 1Y (TTM)-5.67%
Revenue growth 3Y11.62%
Revenue growth 5Y7.52%
Sales Q2Q%-4.14%
3.2 Future
MAREL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.00% yearly.
The Revenue is expected to grow by 4.44% on average over the next years.
EPS Next Y45.24%
EPS Next 2Y45.57%
EPS Next 3Y39%
EPS Next 5YN/A
Revenue Next Year-0.68%
Revenue Next 2Y2.53%
Revenue Next 3Y3.66%
Revenue Next 5Y4.44%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MAREL is valuated quite expensively with a Price/Earnings ratio of 227.50.
Based on the Price/Earnings ratio, MAREL is valued a bit more expensive than 66.34% of the companies in the same industry.
MAREL is valuated expensively when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 29.78, which means the current valuation is very expensive for MAREL.
Based on the Price/Forward Earnings ratio, MAREL is valued a bit more expensive than 78.22% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.10. MAREL is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 227.5 | ||
| Fwd PE | 29.78 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MAREL is valued a bit more expensive than the industry average as 75.25% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MAREL indicates a slightly more expensive valuation: MAREL is more expensive than 67.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.72 | ||
| EV/EBITDA | 23.03 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as MAREL's earnings are expected to grow with 39.00% in the coming years.
PEG (NY)5.03
PEG (5Y)N/A
EPS Next 2Y45.57%
EPS Next 3Y39%
5. Dividend
5.1 Amount
With a yearly dividend of 0.19%, MAREL is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.40, MAREL has a dividend in line with its industry peers.
With a Dividend Yield of 0.19, MAREL pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
5.2 History
The dividend of MAREL decreases each year by -18.19%.
Dividend Growth(5Y)-18.19%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MAREL pays out 54.39% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP54.39%
EPS Next 2Y45.57%
EPS Next 3Y39%
AMS:MAREL (1/3/2025, 7:00:00 PM)
4.55
+0.12 (+2.71%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners39.57%
Inst Owner ChangeN/A
Ins Owners0.52%
Ins Owner ChangeN/A
Market Cap3.51B
Revenue(TTM)1.66B
Net Income(TTM)11.40M
Analysts84
Price Target0.03 (-99.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
Yearly Dividend0.02
Dividend Growth(5Y)-18.19%
DP54.39%
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)9.24%
PT rev (3m)14.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)12.97%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.19%
Revenue NY rev (3m)-1.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 227.5 | ||
| Fwd PE | 29.78 | ||
| P/S | 2.11 | ||
| P/FCF | 67.72 | ||
| P/OCF | 34.36 | ||
| P/B | 3.39 | ||
| P/tB | N/A | ||
| EV/EBITDA | 23.03 |
EPS(TTM)0.02
EY0.44%
EPS(NY)0.15
Fwd EY3.36%
FCF(TTM)0.07
FCFY1.48%
OCF(TTM)0.13
OCFY2.91%
SpS2.16
BVpS1.34
TBVpS-0.44
PEG (NY)5.03
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.44% | ||
| ROE | 1.1% | ||
| ROCE | 4.33% | ||
| ROIC | 3.55% | ||
| ROICexc | 3.67% | ||
| ROICexgc | 12.7% | ||
| OM | 5.21% | ||
| PM (TTM) | 0.69% | ||
| GM | 36.06% | ||
| FCFM | 3.12% |
ROA(3y)2.73%
ROA(5y)3.95%
ROE(3y)6.07%
ROE(5y)8.09%
ROIC(3y)5.23%
ROIC(5y)6.94%
ROICexc(3y)5.48%
ROICexc(5y)7.75%
ROICexgc(3y)24.97%
ROICexgc(5y)39.54%
ROCE(3y)6.38%
ROCE(5y)8.46%
ROICexgc growth 3Y-34.3%
ROICexgc growth 5Y-33.18%
ROICexc growth 3Y-26.23%
ROICexc growth 5Y-21.39%
OM growth 3Y-23.73%
OM growth 5Y-17.24%
PM growth 3Y-39.86%
PM growth 5Y-29.33%
GM growth 3Y-2.31%
GM growth 5Y-2.35%
F-Score5
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 17.03 | ||
| Debt/EBITDA | 4.63 | ||
| Cap/Depr | 49.7% | ||
| Cap/Sales | 3.03% | ||
| Interest Coverage | 1.43 | ||
| Cash Conversion | 54.34% | ||
| Profit Quality | 454.39% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 2.59 |
F-Score5
WACC5.55%
ROIC/WACC0.64
Cap/Depr(3y)100.26%
Cap/Depr(5y)91.26%
Cap/Sales(3y)5.13%
Cap/Sales(5y)4.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-72.06%
EPS 3Y-32.75%
EPS 5Y-25.45%
EPS Q2Q%-62.39%
EPS Next Y45.24%
EPS Next 2Y45.57%
EPS Next 3Y39%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.67%
Revenue growth 3Y11.62%
Revenue growth 5Y7.52%
Sales Q2Q%-4.14%
Revenue Next Year-0.68%
Revenue Next 2Y2.53%
Revenue Next 3Y3.66%
Revenue Next 5Y4.44%
EBIT growth 1Y-18.13%
EBIT growth 3Y-14.87%
EBIT growth 5Y-11.02%
EBIT Next Year83.77%
EBIT Next 3Y32.66%
EBIT Next 5Y29.2%
FCF growth 1Y333.33%
FCF growth 3Y-25.94%
FCF growth 5Y-13.88%
OCF growth 1Y47.33%
OCF growth 3Y-8.89%
OCF growth 5Y-3.71%
Marel hf / MAREL.AS FAQ
What is the fundamental rating for MAREL stock?
ChartMill assigns a fundamental rating of 2 / 10 to MAREL.AS.
Can you provide the valuation status for Marel hf?
ChartMill assigns a valuation rating of 1 / 10 to Marel hf (MAREL.AS). This can be considered as Overvalued.
What is the profitability of MAREL stock?
Marel hf (MAREL.AS) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for MAREL stock?
The Price/Earnings (PE) ratio for Marel hf (MAREL.AS) is 227.5 and the Price/Book (PB) ratio is 3.39.
What is the financial health of Marel hf (MAREL.AS) stock?
The financial health rating of Marel hf (MAREL.AS) is 2 / 10.