1.20%
5.78%
-7.77%
-7.92%
7.46%
40.40%
107.10%
AI Spotlight on MLM
Company Description
Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries.The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; and dolomitic lime primarily to customers for steel production and soil stabilization.
Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications.The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
Market Data
| Last Price | 546.33 |
| Change Percentage | 1.20% |
| Open | 542.31 |
| Previous Close | 539.84 |
| Market Cap ( Millions) | 33391 |
| Volume | 285597 |
| Year High | 633.23 |
| Year Low | 490.05 |
| M A 50 | 552.65 |
| M A 200 | 557.88 |
Financial Ratios
| FCF Yield | 1.56% |
| Dividend Yield | 0.56% |
| ROE | 22.74% |
| Debt / Equity | 48.36% |
| Net Debt / EBIDTA | 227.52% |
| Price To Book | 3.64 |
| Price Earnings Ratio | 16.82 |
| Price To FCF | 64.13 |
| Price To sales | 5.13 |
| EV / EBITDA | 19.61 |
News
- Jan -22 - Martin Marietta Announces Fourth-Quarter and Full-Year 2024 Earnings Conference Call
- Nov -29 - McFarlane Lake Mining Commences Drilling on McMillan Mine Property - Provides Corporate Update
- Nov -27 - Calls of the Day: Martin Marietta, Datadog, Bristol-Myers, Eli Lilly and Disney
- Nov -22 - Martin Marietta CEO Ward Nye on impact of incoming administration on existing government investments
- Nov -07 - Martin Marietta Declares Quarterly Cash Dividend
- Oct -31 - Martin Marietta Announces Pricing Terms of Debt Offering
- Oct -31 - Martin Marietta Materials: A Spike In Shares After Q3 Results Is A Great Time For A Downgrade
- Oct -30 - Martin Marietta Materials, Inc. (MLM) Q3 2024 Earnings Call Transcript
- Oct -30 - Martin Marietta's Q3 Earnings & Revenues Miss, 2024 View Cut
- Oct -30 - Martin Marietta (MLM) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
- Oct -30 - Martin Marietta (MLM) Q3 Earnings and Revenues Miss Estimates
- Oct -30 - Martin Marietta Reports Third-Quarter 2024 Results
- Oct -28 - Martin Marietta to Post Q3 Earnings: What's in Store for the Stock?
- Oct -28 - Curious about Martin Marietta (MLM) Q3 Performance? Explore Wall Street Estimates for Key Metrics
- Oct -15 - McFarlane Lake Mining Presenting at the Red Cloud Fall Mining Conference
- Oct -10 - Martin Marietta Announces Third-Quarter 2024 Earnings Conference Call
- Sep -24 - McFarlane Lake Receives Exploration Permit on Its McMillan Gold Mine Property
- Sep -11 - The wave of young people buying homes will be a tailwind for builders, says Jefferies' Philip Ng
- Sep -10 - McFarlane Samples 87.4 Grams Per Tonne(Gpt) Gold Containing 0.59% Copper at its Past Producing McMillan Gold Mine; Provides Exploration Update on Upcoming Drill Program
- Aug -29 - 15 Upcoming Dividend Increases Including A King
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> West Group
Expected Growth : 6.5 %
What the company do ?
The West Group from Martin Marietta Materials, Inc. is a leading producer of construction materials, including aggregates, cement, and ready-mixed concrete.
Why we expect these perspectives ?
West Group's 6.5% growth is driven by increasing demand for construction materials in the Western United States, particularly in California and Arizona. Strong residential and commercial construction activity, coupled with infrastructure projects, contribute to the segment's growth. Additionally, Martin Marietta's strategic acquisitions and operational efficiencies also support the segment's expansion.
Segment nΒ°2 -> East Group
Expected Growth : 6.8 %
What the company do ?
The East Group from Martin Marietta Materials, Inc. is a leading producer of construction materials, including aggregates, cement, and ready-mixed concrete, serving the Eastern United States.
Why we expect these perspectives ?
East Group's 6.8% growth is driven by increasing demand for construction materials in the Southeast, strategic acquisitions, and operational efficiencies. Martin Marietta's vertically integrated business model, strong logistics network, and ability to supply high-quality aggregates also contribute to the segment's growth.
Segment nΒ°3 -> Magnesia Specialties
Expected Growth : 7.2 %
What the company do ?
Magnesia Specialties from Martin Marietta Materials, Inc. produces high-purity magnesia products for refractory, chemical, and environmental applications.
Why we expect these perspectives ?
Magnesia Specialties' 7.2% growth is driven by increasing demand for magnesia-based refractories in the steel industry, coupled with growing adoption in environmental applications such as flue gas desulfurization and wastewater treatment. Additionally, Martin Marietta's strategic expansion into high-margin specialty products and operational efficiencies contribute to the segment's growth.
Martin Marietta Materials, Inc. Products
| Product Range | What is it ? |
|---|---|
| Aggregates | Crushed stone, sand and gravel used in construction, asphalt, and concrete |
| Cement | Portland cement used in concrete, mortar, and other construction materials |
| Ready Mixed Concrete | Pre-mixed concrete used in construction, paving, and other applications |
| Asphalt | Hot mix asphalt used in paving and road construction |
| Paving Services | Asphalt paving and construction services for roads, highways, and other paved surfaces |
| Rail Distribution | Rail transportation services for aggregates and other construction materials |
Martin Marietta Materials, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Martin Marietta Materials, Inc. is medium due to the availability of alternative materials and products that can replace the company's offerings.
Bargaining Power Of Customers
The bargaining power of customers for Martin Marietta Materials, Inc. is low due to the company's strong market position and limited customer concentration.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Martin Marietta Materials, Inc. is medium due to the company's dependence on a few key suppliers and the availability of alternative suppliers.
Threat Of New Entrants
The threat of new entrants for Martin Marietta Materials, Inc. is low due to the high barriers to entry in the industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry for Martin Marietta Materials, Inc. is high due to the competitive nature of the industry, with several established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 35.49% |
| Debt Cost | 4.31% |
| Equity Weight | 64.51% |
| Equity Cost | 8.69% |
| WACC | 7.13% |
| Leverage | 55.00% |
Martin Marietta Materials, Inc. : Quality Control
Martin Marietta Materials, Inc. passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| USLM | United States Lime & Minerals, Inc. manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it β¦ |
| VMC | Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment β¦ |
| NUE | Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and β¦ |
| LYB | LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins β¦ |
| BCC | Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Boise Cascade
A-Score
1-Year Total Return ->
π₯
LyondellBasell
A-Score
1-Year Total Return ->
π₯
US Lime & Minerals
A-Score
1-Year Total Return ->
4
Nucor
A-Score
1-Year Total Return ->
5
Vulcan Materials
A-Score
1-Year Total Return ->
6
