MRE : Martinrea International Inc Stock Profile

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Martinrea International Inc trades with the ticker MRE on the TSX and is in the Auto Parts industry.
Overview
Martinrea International Inc. engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches. The company also provides engine blocks; transmission housings; graphene and nylon coated brake lines; fluid and thermal product, such as fuel filler pipes, brake lines, and thermal management components. In addition, the company offers flexible manufacturing products comprising front and rear suspension modules, front vertical corner modules, bus frame assemblies, structural parts and fabrications, and metallic tanks and reservoirs. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.
 

MRE.TO Stock Price and Key Stats

MRE Stock Key Stats

Exchange: TSX

Market Cap : $876.071MM

PE Ratio: 6.47

Price: (Updated: )

Martinrea International Inc (MRE) vs Competitors in Auto Parts

Lets see how MRE.TO stacks up against others in the Auto Parts asset management industry. We have identified its main peers as:

Linamar Corporation, Magna International Inc, Westport Fuel Systems Inc, Exco Technologies Limited, Magna International Inc

.

Auto Parts Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Linamar Corporation (LNR) $3,862.185 6.4 4.325 1.6%
Magna International Inc (MG) $16,561.586 12.343 5.731 4.4%
Martinrea International Inc (MRE) $876.071 6.47 3.258 1.7%
Westport Fuel Systems Inc (WPRT) $110.323 N/A 51.866 N/A%
Exco Technologies Limited (XTC) $309.01 10.0 4.772 5.2%
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses Industry: companies that have a lot in common Market Cap: Market Capitalization – the total value of all a corporation’s stock N/A: Not Applicable or Not Available P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share Price: Stock Price – current value to buyers and sellers Dividend Yield: Dividend or Distribution Yield  

Comparisons within Auto Parts

  • Martinrea International Inc (MRE) vs Linamar Corporation (LNR)
    • LNR has higher EPS (9.8 vs 1.81). MRE has higher dividend yield (1.7% vs 1.6%). MRE has a higher P/E ratio (6.47 vs 6.4) indicating it’s more expensive.
  • Martinrea International Inc (MRE) vs Magna International Inc (MG)
    • MG has higher EPS (4.67 vs 1.81). MG has higher dividend yield (4.4% vs 1.7%). MG has a higher P/E ratio (12.343 vs 6.47) indicating it’s more expensive.
  • Martinrea International Inc (MRE) vs Westport Fuel Systems Inc (WPRT)
    • MRE has higher EPS (1.81 vs -2.66). MRE provides dividends, while WPRT does not. WPRT has a P/E under 0, indicating MRE (P/E 6.47) is in a better position.
  • Martinrea International Inc (MRE) vs Exco Technologies Limited (XTC)
    • MRE has higher EPS (1.81 vs 0.8). XTC has higher dividend yield (5.2% vs 1.7%). XTC has a higher P/E ratio (10.0 vs 6.47) indicating it’s more expensive.
  • Martinrea International Inc (MRE) vs Magna International Inc (MG)
    • MG has higher EPS (4.67 vs 1.81). MG has higher dividend yield (4.4% vs 1.7%). MG has a higher P/E ratio (12.343 vs 6.47) indicating it’s more expensive.
 
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (6.47) than the industry average (8.23), indicating potential undervaluation. Features a lower EV/EBITDA ratio (3.26) than the industry average (19.97), indicating attractive valuation.
 

How to Buy MRE stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:
 
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