Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.03
MLM's Cash to Debt is ranked lower than
63% of the 653 Companies
in the Global Building Materials industry.

( Industry Median: 0.65 vs. MLM: 0.03 )
MLM' s 10-Year Cash to Debt Range
Min: -0.07   Max: 0.28
Current: 0.03

-0.07
0.28
Equity to Asset 0.46
MLM's Equity to Asset is ranked higher than
57% of the 638 Companies
in the Global Building Materials industry.

( Industry Median: 0.50 vs. MLM: 0.46 )
MLM' s 10-Year Equity to Asset Range
Min: 0.33   Max: 0.64
Current: 0.46

0.33
0.64
Interest Coverage 4.08
MLM's Interest Coverage is ranked higher than
51% of the 327 Companies
in the Global Building Materials industry.

( Industry Median: 13.24 vs. MLM: 4.08 )
MLM' s 10-Year Interest Coverage Range
Min: 2.55   Max: 11.95
Current: 4.08

2.55
11.95
F-Score: 7
Z-Score: 3.52
M-Score: -2.58
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 10.11
MLM's Operating margin (%) is ranked higher than
82% of the 616 Companies
in the Global Building Materials industry.

( Industry Median: 6.40 vs. MLM: 10.11 )
MLM' s 10-Year Operating margin (%) Range
Min: 7.69   Max: 19.63
Current: 10.11

7.69
19.63
Net-margin (%) 5.63
MLM's Net-margin (%) is ranked higher than
74% of the 618 Companies
in the Global Building Materials industry.

( Industry Median: 4.06 vs. MLM: 5.63 )
MLM' s 10-Year Net-margin (%) Range
Min: 4.16   Max: 11.97
Current: 5.63

4.16
11.97
ROE (%) 7.89
MLM's ROE (%) is ranked higher than
74% of the 608 Companies
in the Global Building Materials industry.

( Industry Median: 6.76 vs. MLM: 7.89 )
MLM' s 10-Year ROE (%) Range
Min: 5.85   Max: 27.77
Current: 7.89

5.85
27.77
ROA (%) 3.72
MLM's ROA (%) is ranked higher than
73% of the 618 Companies
in the Global Building Materials industry.

( Industry Median: 3.30 vs. MLM: 3.72 )
MLM' s 10-Year ROA (%) Range
Min: 2.62   Max: 10.22
Current: 3.72

2.62
10.22
ROC (Joel Greenblatt) (%) 9.41
MLM's ROC (Joel Greenblatt) (%) is ranked higher than
66% of the 617 Companies
in the Global Building Materials industry.

( Industry Median: 11.95 vs. MLM: 9.41 )
MLM' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 6.91   Max: 23.74
Current: 9.41

6.91
23.74
Revenue Growth (%) 8.80
MLM's Revenue Growth (%) is ranked higher than
79% of the 561 Companies
in the Global Building Materials industry.

( Industry Median: 4.80 vs. MLM: 8.80 )
MLM' s 10-Year Revenue Growth (%) Range
Min: -10.6   Max: 24.8
Current: 8.8

-10.6
24.8
EBITDA Growth (%) 0.60
MLM's EBITDA Growth (%) is ranked higher than
64% of the 487 Companies
in the Global Building Materials industry.

( Industry Median: 2.90 vs. MLM: 0.60 )
MLM' s 10-Year EBITDA Growth (%) Range
Min: -15.1   Max: 22.7
Current: 0.6

-15.1
22.7
EPS Growth (%) 7.80
MLM's EPS Growth (%) is ranked higher than
71% of the 431 Companies
in the Global Building Materials industry.

( Industry Median: 4.00 vs. MLM: 7.80 )
MLM' s 10-Year EPS Growth (%) Range
Min: -29.6   Max: 33.4
Current: 7.8

-29.6
33.4
» MLM's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

MLM Guru Trades in Q2 2013

Caxton Associates 64,990 sh (New)
Jean-Marie Eveillard 2,479,091 sh (+2.2%)
Tom Russo 1,737,505 sh (+1.93%)
Jeremy Grantham 67,597 sh (unchged)
Jim Simons Sold Out
Wallace Weitz 658,600 sh (-11.2%)
Chris Davis 897,651 sh (-19.1%)
Mason Hawkins 1,193,012 sh (-44.88%)
RS Investment Management 1,680,710 sh (-46.54%)
Ray Dalio 7,500 sh (-62.31%)
Steven Cohen 53,181 sh (-90.04%)
» More
Q3 2013

MLM Guru Trades in Q3 2013

Wallace Weitz 713,670 sh (+8.36%)
Tom Russo 1,786,060 sh (+2.79%)
Jean-Marie Eveillard 2,516,215 sh (+1.5%)
Jeremy Grantham 67,597 sh (unchged)
Ray Dalio Sold Out
Caxton Associates Sold Out
Chris Davis 892,950 sh (-0.52%)
RS Investment Management 1,640,747 sh (-2.38%)
Mason Hawkins 1,097,407 sh (-8.01%)
Steven Cohen 3,611 sh (-93.21%)
» More
Q4 2013

MLM Guru Trades in Q4 2013

Paul Tudor Jones 58,725 sh (New)
Steven Cohen 875,460 sh (+24144.2%)
Wallace Weitz 878,571 sh (+23.11%)
Tom Russo 1,931,562 sh (+8.15%)
Jeremy Grantham 67,597 sh (unchged)
RS Investment Management Sold Out
Jean-Marie Eveillard 2,503,415 sh (-0.51%)
Chris Davis 879,720 sh (-1.48%)
Mason Hawkins 1,039,807 sh (-5.25%)
» More
Q1 2014

MLM Guru Trades in Q1 2014

Pioneer Investments 33,817 sh (New)
Mario Gabelli 3,340 sh (New)
Jim Simons 5,000 sh (New)
Tom Russo 1,992,602 sh (+3.16%)
Jean-Marie Eveillard 2,519,682 sh (+0.65%)
Jeremy Grantham Sold Out
Mason Hawkins Sold Out
Paul Tudor Jones Sold Out
Wallace Weitz 796,560 sh (-9.33%)
Chris Davis 776,461 sh (-11.74%)
Steven Cohen 175,000 sh (-80.01%)
» More
» Details

Insider Trades

Latest Guru Trades with MLM

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mason Hawkins 2014-03-31 Sold Out 0.51%$98.7 - $126.98 $ 130.0714%0
Wallace Weitz 2014-03-31 Reduce -9.33%0.27%$98.7 - $126.98 $ 130.0714%796560
Mario Gabelli 2014-03-31 New Buy$98.7 - $126.98 $ 130.0714%3340
Wallace Weitz 2013-12-31 Add 23.11%0.54%$94.79 - $102.83 $ 130.0732%878571
Wallace Weitz 2013-09-30 Add 8.36%0.2%$94.91 - $106.43 $ 130.0731%713670
Ray Dalio 2013-09-30 Sold Out 0.01%$94.91 - $106.43 $ 130.0731%0
Mason Hawkins 2013-06-30 Reduce -44.88%0.44%$93.56 - $112.09 $ 130.0725%1193012
Wallace Weitz 2013-06-30 Reduce -11.2%0.35%$93.56 - $112.09 $ 130.0725%658600
Ray Dalio 2013-06-30 Reduce -62.31%0.01%$93.56 - $112.09 $ 130.0725%7500
Mason Hawkins 2013-03-31 Reduce -62.93%1.51%$94.28 - $104.88 $ 130.0730%2164481
Ray Dalio 2013-03-31 New Buy0.02%$94.28 - $104.88 $ 130.0730%19900
John Griffin 2012-12-31 Sold Out 2.6%$81.88 - $95.59 $ 130.0749%0
Ray Dalio 2012-12-31 Sold Out 0.02%$81.88 - $95.59 $ 130.0749%0
John Griffin 2012-09-30 Reduce -22.02%0.66%$73.54 - $90.93 $ 130.0762%1972800
Ray Dalio 2012-09-30 New Buy0.02%$73.54 - $90.93 $ 130.0762%18700
John Griffin 2012-06-30 Add 56.17%1.08%$65.07 - $85.66 $ 130.0773%2530000
Ray Dalio 2012-06-30 Sold Out 0.06%$65.07 - $85.66 $ 130.0773%0
John Griffin 2012-03-31 New Buy2.3%$74.19 - $89.52 $ 130.0764%1620000
Jean-Marie Eveillard 2012-03-31 Add 40.9%0.32%$74.19 - $89.52 $ 130.0764%3266801
Ray Dalio 2012-03-31 Add 1356.21%0.05%$74.19 - $89.52 $ 130.0764%43133
Mason Hawkins 2011-12-31 Add 7.6%0.14%$61.62 - $77.11 $ 130.0779%5982970
Ray Dalio 2011-12-31 New Buy$61.62 - $77.11 $ 130.0779%2962
Wallace Weitz 2011-09-30 Add 26.92%0.59%$61.89 - $81.37 $ 130.0784%895558
Mason Hawkins 2011-09-30 Add 26.17%0.34%$61.89 - $81.37 $ 130.0784%5560470
Ray Dalio 2011-09-30 Sold Out 0.22%$61.89 - $81.37 $ 130.0785%0
John Keeley 2011-09-30 Sold Out 0.017%$61.89 - $81.37 $ 130.0784%0
John Keeley 2011-06-30 Reduce -49.66%0.02%$79.07 - $92.06 $ 130.0752%13032
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Martin Marietta Materials Inc

Lountzis Asset Management Comments on Martin Marietta Materials - Mar 21, 2014

MARTIN MARIETTA MATERIALS (MLM) is the second largest domestic producer of construction aggregates and a producer of magnesium based chemicals and dolomitic lime. Aggregates refer to the business of selling crushed stone, rocks and sand and is an attractive business. It enjoys significant barriers to entry, including the challenges in gaining permits for new quarries, as well as the low value to weight ratio of aggregates creating local oligopolies that enable solid pricing power. As I mentioned in prior letters, it is one of few businesses I have ever studied that have experienced enormous volume declines yet have been able to continue to raise prices illustrating the power of their business model.



We believe that MLM is well positioned for solid growth in its largest markets, Texas representing 19% of sales and North Carolina 17% of sales, for solid growth. Their top five states of Texas, North Carolina, Iowa, Georgia and South Carolina represent almost 60% of their 2013 sales. Sales in 2013 were $1.9 billion with operating earnings of $155 million translating into fully diluted earnings per share of $2.61 on their 46 million shares outstanding. While MLM’s stock price has appreciated over 25% in 2012 and 6% in 2013, we still believe the company’s assets remain undervalued and the company will continue to generate attractive revenue and profit growth as the undeniable need for infrastructure spending continues to grow.



From Lountzis Asset Management 2013 Annual Letter



Check out latest stock trades

Top Ranked Articles about Martin Marietta Materials Inc

Lountzis Asset Management Comments on Martin Marietta Materials
MARTIN MARIETTA MATERIALS (MLM) is the second largest domestic producer of construction aggregates and a producer of magnesium based chemicals and dolomitic lime. Aggregates refer to the business of selling crushed stone, rocks and sand and is an attractive business. It enjoys significant barriers to entry, including the challenges in gaining permits for new quarries, as well as the low value to weight ratio of aggregates creating local oligopolies that enable solid pricing power. As I mentioned in prior letters, it is one of few businesses I have ever studied that have experienced enormous volume declines yet have been able to continue to raise prices illustrating the power of their business model. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 47.50
MLM's P/E(ttm) is ranked higher than
58% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 24.80 vs. MLM: 47.50 )
MLM' s 10-Year P/E(ttm) Range
Min: 12.88   Max: 65.24
Current: 47.5

12.88
65.24
P/B 4.00
MLM's P/B is ranked lower than
51% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 1.54 vs. MLM: 4.00 )
MLM' s 10-Year P/B Range
Min: 1.63   Max: 7.72
Current: 4

1.63
7.72
P/S 2.69
MLM's P/S is ranked lower than
51% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 0.90 vs. MLM: 2.69 )
MLM' s 10-Year P/S Range
Min: 1.13   Max: 3.45
Current: 2.69

1.13
3.45
PFCF 47.40
MLM's PFCF is ranked higher than
66% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 39.10 vs. MLM: 47.40 )
MLM' s 10-Year PFCF Range
Min: 13.87   Max: 124.56
Current: 47.4

13.87
124.56
EV-to-EBIT 31.12
MLM's EV-to-EBIT is ranked higher than
58% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 16.94 vs. MLM: 31.12 )
MLM' s 10-Year EV-to-EBIT Range
Min: 11   Max: 39.9
Current: 31.12

11
39.9
Shiller P/E 54.90
MLM's Shiller P/E is ranked higher than
83% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 9999.00 vs. MLM: 54.90 )
MLM' s 10-Year Shiller P/E Range
Min: 14.54   Max: 56.68
Current: 54.9

14.54
56.68
Current Ratio 3.91
MLM's Current Ratio is ranked higher than
94% of the 639 Companies
in the Global Building Materials industry.

( Industry Median: 1.62 vs. MLM: 3.91 )
MLM' s 10-Year Current Ratio Range
Min: 0.99   Max: 5.29
Current: 3.91

0.99
5.29
Quick Ratio 2.08
MLM's Quick Ratio is ranked higher than
87% of the 639 Companies
in the Global Building Materials industry.

( Industry Median: 1.10 vs. MLM: 2.08 )
MLM' s 10-Year Quick Ratio Range
Min: 0.54   Max: 3.2
Current: 2.08

0.54
3.2

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.25
MLM's Dividend Yield is ranked lower than
64% of the 517 Companies
in the Global Building Materials industry.

( Industry Median: 1.65 vs. MLM: 1.25 )
MLM' s 10-Year Dividend Yield Range
Min: 0.66   Max: 2.59
Current: 1.25

0.66
2.59
Dividend Payout 0.58
MLM's Dividend Payout is ranked lower than
51% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 9999.00 vs. MLM: 0.58 )
MLM' s 10-Year Dividend Payout Range
Min: 0.13   Max: 2
Current: 0.58

0.13
2
Yield on cost (5-Year) 1.20
MLM's Yield on cost (5-Year) is ranked lower than
61% of the 512 Companies
in the Global Building Materials industry.

( Industry Median: 1.61 vs. MLM: 1.20 )
MLM' s 10-Year Yield on cost (5-Year) Range
Min: 0.66   Max: 2.59
Current: 1.2

0.66
2.59
Share Buyback Rate -0.50
MLM's Share Buyback Rate is ranked higher than
69% of the 390 Companies
in the Global Building Materials industry.

( Industry Median: -0.20 vs. MLM: -0.50 )
MLM' s 10-Year Share Buyback Rate Range
Min: 4.2   Max: -3.2
Current: -0.5

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 7.10
MLM's Price/Tangible Book is ranked lower than
51% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 2.13 vs. MLM: 7.10 )
MLM' s 10-Year Price/Tangible Book Range
Min: 2.3   Max: 21.21
Current: 7.1

2.3
21.21
Price/DCF (Projected) 2.60
MLM's Price/DCF (Projected) is ranked higher than
81% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 9999.00 vs. MLM: 2.60 )
MLM' s 10-Year Price/DCF (Projected) Range
Min: 1.25   Max: 12.73
Current: 2.6

1.25
12.73
Price/Median PS Value 1.30
MLM's Price/Median PS Value is ranked higher than
61% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 1.16 vs. MLM: 1.30 )
MLM' s 10-Year Price/Median PS Value Range
Min: 0.41   Max: 1.61
Current: 1.3

0.41
1.61
Price/Graham Number 3.90
MLM's Price/Graham Number is ranked higher than
57% of the 704 Companies
in the Global Building Materials industry.

( Industry Median: 1.91 vs. MLM: 3.90 )
MLM' s 10-Year Price/Graham Number Range
Min: 1.16   Max: 5.01
Current: 3.9

1.16
5.01
Earnings Yield (Greenblatt) 3.10
MLM's Earnings Yield (Greenblatt) is ranked higher than
51% of the 621 Companies
in the Global Building Materials industry.

( Industry Median: 6.50 vs. MLM: 3.10 )
MLM' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.5   Max: 9.1
Current: 3.1

2.5
9.1
Forward Rate of Return (Yacktman) -1.46
MLM's Forward Rate of Return (Yacktman) is ranked higher than
57% of the 461 Companies
in the Global Building Materials industry.

( Industry Median: 7.05 vs. MLM: -1.46 )
MLM' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -11.5   Max: 22.1
Current: -1.46

-11.5
22.1

Business Description

Industry: Building Materials » Building Materials
Compare:HCMLF, JHX, AHCHY, LFRGY, SHW » details
Traded in other countries:MMX.Germany
Martin Marietta Materials, Inc. was formed in 1993 as a North Carolina corporation to serve as successor to the operations of the materials group of the organization that is now Lockheed Martin Corporation. The Company is a producer of aggregates for the construction industry, including infrastructure, commercial, agricultural and residential. The Company also has a Specialty Products segment that manufactures and markets magnesia-based chemical products used in industrial, agricultural, and environmental applications and dolomitic lime sold mainly to customers in the steel industry. The Company operates in four reportable business segments: the Mideast Group, Southeast Group, and West Group, collectively the Aggregates business and the Specialty Products segment. The Aggregates business mines, processes and sells granite, limestone, sand, gravel, and other aggregate products for use in all sectors of the public infrastructure, commercial and residential construction industries as well as agriculture, railroad ballast, chemical, and other uses. The Aggregates business also includes the operation of other construction materials businesses. These businesses are mainly located in the West Group. The Company is a producer of aggregates for the construction industry in the United States. The Company manufactures and markets, through its Specialty Products business, magnesia-based chemical products for industrial, agricultural, and environmental applications, and dolomitic lime for use mainly in the steel industry. These chemical products have varying uses, including flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The principal raw materials used in the Specialty Products business are dolomitic limestone and alkali-rich brine. The Company's products are sold principally to commercial customers in private industry. Competition is based mainly on quarry or distribution location and price, but quality of aggregates and level of customer service are also factors. The Company's Specialty Products business competes with various companies in different geographic and product areas principally on the basis of quality, price, technological advances, and technical support for its products. As of February 29, 2012, the Company owns, has the right to use, or has pending applications for approximately 98 patents pending or granted by the United States and various countries and approximately 107 trademarks related to business. The Company's operations are subject to and affected by federal, state, and local laws and regulations relating to the environment, health and safety, and other regulatory matters.
» More Articles for MLM

Headlines

Articles On GuruFocus.com
Lountzis Asset Management Comments on Martin Marietta Materials Mar 21 2014 
3 Industrials with Very High Short-Selling Flows Jun 12 2013 
Longleaf Guru Mason Hawkins—Unloading Aggregates with Construction Set to Rise Mar 27 2013 
Mason Hawkins and Gurus Ditch Gravel Mar 11 2013 
comment on MLM Oct 24 2012 
comment on MLM Sep 11 2012 
Reuters: Einhorn Makes Another Successful Short Bet, This Time with U.S. Steel Jun 19 2012 
Industrial Dividend Stocks With Highest Float Short Ratio Jun 16 2012 
Weitz Funds Q4 Letter to Shareholders Dec. 31, 2011 – Value Fund up 6.1% Jan 10 2012 
comment on MLM Aug 21 2011 


More From Other Websites
Martin Marietta Materials, Inc. to Broadcast Second Quarter Conference Call Live on the Internet Jul 22 2014
Martin Marietta Materials, Inc. to Broadcast Second Quarter Conference Call Live on the Internet Jul 22 2014
Cramer's rock solid recovery stock Jul 21 2014
Investors are Betting Against Martin Marietta (MLM), Should You? Jul 16 2014
Will This Analyst Action Help Martin Marietta Materials (MLM) Stock Today? Jul 10 2014
Martin Marietta Closes Texas Industries Acquisition Jul 03 2014
Greenbrier and Shutterfly are big market movers Jul 02 2014
MARTIN MARIETTA MATERIALS INC Files SEC form 8-K, Entry into a Material Definitive Agreement,... Jul 02 2014
US stocks hover around flat line, stocks struggle to hold gains Jul 02 2014
Infrastructure stocks slip as federal highway funds dwindle Jul 02 2014
Abnormal Volume Stocks To Watch On Wednesday Jul 02 2014
Martin Marietta completes Texas Industries acquisition Jul 02 2014
Martin Marietta Materials Completes Texas Industries Acquisition Jul 02 2014
Martin Marietta, Texas Industries Merger Gets Shareholder Nod Jul 01 2014
The Zacks Analyst Blog Highlights: Tiffany, Restoration Hardware Holdings, Hanesbrands, U.S. Steel... Jul 01 2014
Martin Marietta Reaches Further in TXI Deal Jun 30 2014
U.S. Steel Removed in S&P 500 Shake-Up Jun 30 2014
Martin Marietta stockholders, Texas Industries stockholders approve merger Jun 30 2014
Martin Marietta Materials Shareholders and Texas Industries Stockholders Approve Merger Jun 30 2014
[$$] Martin Marietta to Replace United States Steel in S&P 500 Jun 27 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide