Martin Marietta Materials supplies aggregates products and heavy building materials for the construction industry in the United States and internationally. The company was founded in 1993 and is based in Raleigh, North Carolina.
MLM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MLM, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Martin Marietta Materials Inc ranked in the 56th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for MLM, they are:
The company has produced more trailing twelve month cash flow than 78.78% of its sector Basic Materials.
Martin Marietta Materials Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 21.61% of tickers in our DCF set.
MLM's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than only 21.61% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MLM, try LIN, MEOH, ESI, GLT, and EXP.
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
Martin Marietta Materials (MLM), along with other public companies in the Industrial sector, saw a surge in their stock price following the news of Trump's administration $1T proposal for infrastructure spending as reported by Bloomberg. The proposal would be heavily focused on providing funding for the construction of roads and...
Tesla Inc. (NASDAQ: TSLA ) filed an application with an Austin-area school district in Travis County, Texas earlier this month asking for tax incentives to build a new factory, Bloomberg reported Thursday. What Happened The automaker said in the application , it has zeroed in on a 2,100 acres site, currently owned by Martin Marietta Materials Inc. Tesla is asking for significant tax incentives for the Texas facility to remain … Full story available on Benzinga.com
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