MARTEN TRANSPORT, LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 16.94 USD | +1.26% |
|
+2.29% | -19.26% |
| Apr. 19 | Stephens Adjusts Marten Transport Price Target to $21 From $23, Maintains Overweight Rating | MT |
| Apr. 18 | Marten Transport Q1 Earnings, Revenue Decline, Miss Consensus Forecasts | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,175 | 1,425 | 1,423 | 1,604 | 1,706 | 1,378 | - |
| Enterprise Value (EV) 1 | 1,144 | 1,358 | 1,423 | 1,604 | 1,706 | 1,378 | 1,378 |
| P/E ratio | 19.4 x | 20.5 x | 16.8 x | 14.7 x | 24.4 x | 26.9 x | 16.2 x |
| Yield | - | - | - | - | 1.14% | 1.42% | 1.42% |
| Capitalization / Revenue | 1.39 x | 1.63 x | 1.46 x | 1.27 x | 1.51 x | 1.28 x | 1.14 x |
| EV / Revenue | 1.39 x | 1.63 x | 1.46 x | 1.27 x | 1.51 x | 1.28 x | 1.14 x |
| EV / EBITDA | 6.85 x | 7.26 x | 6.64 x | 6.31 x | 8.25 x | 7.45 x | 6.01 x |
| EV / FCF | -52.1 x | 40.7 x | 26.9 x | - | -214 x | 49.8 x | 59.5 x |
| FCF Yield | -1.92% | 2.46% | 3.72% | - | -0.47% | 2.01% | 1.68% |
| Price to Book | 1.99 x | 2.3 x | - | - | - | - | - |
| Nbr of stocks (in thousands) | 82,033 | 82,681 | 82,943 | 81,097 | 81,309 | 81,363 | - |
| Reference price 2 | 14.33 | 17.23 | 17.16 | 19.78 | 20.98 | 16.94 | 16.94 |
| Announcement Date | 1/23/20 | 1/26/21 | 1/25/22 | 1/24/23 | 1/25/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 843.3 | 874.4 | 973.6 | 1,264 | 1,131 | 1,077 | 1,210 |
| EBITDA 1 | 171.6 | 196.1 | 214.3 | 254.4 | 206.8 | 185 | 229.2 |
| EBIT 1 | 76.5 | 93.25 | 111.7 | 143.3 | 90.11 | 65.8 | 109.1 |
| Operating Margin | 9.07% | 10.66% | 11.47% | 11.34% | 7.96% | 6.11% | 9.02% |
| Earnings before Tax (EBT) 1 | 77.69 | 93.39 | 111.7 | 144.2 | 93.92 | 68.1 | 111.3 |
| Net income 1 | 61.07 | 69.5 | 85.43 | 110.4 | 70.37 | 50.9 | 83.5 |
| Net margin | 7.24% | 7.95% | 8.77% | 8.73% | 6.22% | 4.73% | 6.9% |
| EPS 2 | 0.7400 | 0.8400 | 1.020 | 1.350 | 0.8600 | 0.6300 | 1.045 |
| Free Cash Flow 1 | -22.56 | 35.02 | 52.91 | - | -7.972 | 27.68 | 23.15 |
| FCF margin | -2.68% | 4.01% | 5.43% | - | -0.7% | 2.57% | 1.91% |
| FCF Conversion (EBITDA) | - | 17.86% | 24.69% | - | - | 14.96% | 10.1% |
| FCF Conversion (Net income) | - | 50.39% | 61.93% | - | - | 54.38% | 27.72% |
| Dividend per Share 2 | - | - | - | - | 0.2400 | 0.2400 | 0.2400 |
| Announcement Date | 1/23/20 | 1/26/21 | 1/25/22 | 1/24/23 | 1/25/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 251.3 | 266.9 | 287.3 | 329.6 | 324.4 | 322.6 | 298 | 285.7 | 279.5 | 268.2 | 249.7 | 261.2 | 274.6 | 291.3 | 287.3 |
| EBITDA 1 | 53.87 | 56.64 | 62 | 67.8 | 62.15 | 62.41 | 58.54 | 57.64 | 46.25 | 44.4 | 40.78 | 46.8 | 48.2 | 49.2 | 49.2 |
| EBIT 1 | 28.5 | 30.68 | 35.86 | 40.94 | 33.77 | 32.78 | 29.01 | 28.21 | 17.23 | 15.66 | 12.25 | 16.8 | 17.7 | 19.1 | 19.2 |
| Operating Margin | 11.34% | 11.49% | 12.48% | 12.42% | 10.41% | 10.16% | 9.73% | 9.88% | 6.16% | 5.84% | 4.91% | 6.43% | 6.45% | 6.56% | 6.68% |
| Earnings before Tax (EBT) 1 | 28.5 | 30.69 | 35.86 | 40.97 | 34.03 | 33.3 | 29.85 | 29.29 | 18.25 | 16.52 | 13.05 | 17.3 | 18.2 | 19.6 | 19.7 |
| Net income 1 | 21.27 | 24.73 | 27.53 | 31.66 | 25.65 | 25.51 | 22.5 | 21.87 | 13.6 | 12.4 | 9.646 | 12.9 | 13.6 | 14.7 | 14.8 |
| Net margin | 8.47% | 9.27% | 9.58% | 9.61% | 7.9% | 7.91% | 7.55% | 7.66% | 4.86% | 4.62% | 3.86% | 4.94% | 4.95% | 5.05% | 5.15% |
| EPS 2 | 0.2600 | 0.3000 | 0.3300 | 0.3900 | 0.3200 | 0.3100 | 0.2800 | 0.2700 | 0.1700 | 0.1500 | 0.1200 | 0.1600 | 0.1700 | 0.1800 | 0.1800 |
| Dividend per Share 2 | - | - | - | - | - | - | - | 0.0600 | 0.0600 | 0.0600 | 0.0600 | 0.0600 | 0.0600 | 0.0600 | - |
| Announcement Date | 10/19/21 | 1/25/22 | 4/19/22 | 7/18/22 | 10/17/22 | 1/24/23 | 4/18/23 | 7/19/23 | 10/18/23 | 1/25/24 | 4/18/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | 31.5 | 66.1 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -22.6 | 35 | 52.9 | - | -7.97 | 27.7 | 23.2 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share | 7.220 | 7.500 | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex | 185 | 166 | - | - | - | - | - |
| Capex / Sales | 21.9% | 19.03% | - | - | - | - | - |
| Announcement Date | 1/23/20 | 1/26/21 | 1/25/22 | 1/24/23 | 1/25/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
16.94
USD
Average target price
23
USD
Spread / Average Target
+35.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -19.26% | 1.38B | |
| -18.89% | 16.74B | |
| -2.15% | 11.37B | |
| +4.23% | 11.6B | |
| -8.46% | 6.34B | |
| -16.77% | 2.28B | |
| -18.01% | 2.2B | |
| +14.54% | 1.74B | |
| -0.49% | 1.23B | |
| +63.60% | 1.21B |
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- MRTN Stock
- Financials Marten Transport, Ltd.
