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Martin Marietta MaterialsMLM +0.58%89 Intrinsic Value: Projected FCF is $280.15 as of Aug. 15, 2026, which is 13566% above its 10-year median of 2.05. GuruFocus rates MLM with a GF Score™ of 89/100 and a GF Value™ of $664.93 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 310 Building Materials companies, Martin Marietta Materials ranks worse than 80.97% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Martin Marietta Materials's Intrinsic Value: Projected FCF or its related term are showing as below:
MLM'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.41 Med: 2.05 Max: 2.53
Current: 1.96
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Martin Marietta Materials was 2.53. The lowest was 1.41. And the median was 2.05.
MLM's Price-to-Projected-FCF is ranked worse than 80.97% of 310
companies
in the Building Materials industry
Industry Median: 0.845
vs MLM: 1.96
Martin Marietta Materials (NYSE:MLM) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Martin Marietta Materials's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
547.93
/
280.14748276936
=
1.96
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Martin Marietta Materials Intrinsic Value: Projected FCF Related Terms
Martin Marietta Materials Intrinsic Value: Projected FCF Historical Data
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The historical data trend for Martin Marietta Materials's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Martin Marietta Materials Intrinsic Value: Projected FCF Chart
MLM vs VMC, JHX, EXP: Intrinsic Value: Projected FCF Comparison
For the Building Materials subindustry, Martin Marietta Materials's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Martin Marietta Materials Price-to-Projected-FCF vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Martin Marietta Materials's Price-to-Projected-FCF falls into.
Martin Marietta Materials Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of $280.15 mean?
Martin Marietta Materials (MLM) has a Intrinsic Value: Projected FCF of $280.15 as of Aug. 15, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Martin Marietta Materials and its competitors. This is 13566% above median its historical median of 2.05. Over the past decade, Martin Marietta Materials' Intrinsic Value: Projected FCF has ranged from 1.41 to 2.53. According to the industry distribution chart, Martin Marietta Materials ranks #251 out of 310 companies in the Building Materials industry, placing it in the top 81%.
Is Martin Marietta Materials' Intrinsic Value: Projected FCF too high?
Martin Marietta Materials' current Intrinsic Value: Projected FCF of $280.15 is 13566% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.53. The Building Materials industry median Intrinsic Value: Projected FCF is 0.85. Martin Marietta Materials' value of $280.15 is 33053.8% above this industry median. Based on the distribution chart, Martin Marietta Materials ranks #251 out of 310 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Martin Marietta Materials has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Marietta Materials' Intrinsic Value: Projected FCF compare to VMC and JHX?
According to the Building Materials industry distribution chart, Martin Marietta Materials ranks #251 out of 310 companies for Intrinsic Value: Projected FCF. This places Martin Marietta Materials in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.85. Martin Marietta Materials' value of $280.15 is 33053.8% above this benchmark. Historically, Martin Marietta Materials' own Intrinsic Value: Projected FCF has ranged from 1.41 to 2.53 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 0.85, Martin Marietta Materials has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Building Materials company?
The median Intrinsic Value: Projected FCF among Building Materials companies is 0.85, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Martin Marietta Materials's current Intrinsic Value: Projected FCF of $280.15 is 33053.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Martin Marietta Materials and its competitors. For the Building Materials industry, the median Intrinsic Value: Projected FCF is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Marietta Materials's current Intrinsic Value: Projected FCF is $280.15, which is 13566% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Marietta Materials stock overvalued right now?
Based on GuruFocus' analysis, Martin Marietta Materials (MLM) is currently considered Modestly Undervalued. The stock's GF Value™ is $664.93, compared to a current price of $547.93 — trading 17.6% below its estimated fair value. The current Intrinsic Value: Projected FCF is $280.15, which is 13566% above median its 10-year median of 2.05 and 33053.8% above the Building Materials industry median of 0.85. Martin Marietta Materials' overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Martin Marietta Materials (MLM), the current Intrinsic Value: Projected FCF is $280.15 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Martin Marietta Materials (MLM) Overvalued in 2026?
Based on GuruFocus' analysis, Martin Marietta Materials stock appears to be undervalued.
The current stock price of $547.93 is trading 17.6% below its estimated GF Value™ of $664.93.
GuruFocus considers Martin Marietta Materials to be Modestly Undervalued.
Key valuation signals for MLM:
Intrinsic Value: Projected FCF: $280.15 (13566% above median its 10-year median of 2.05)
GF Value™: $664.93 vs. price of $547.93 (17.6% below fair value)
Industry Position: 33053.8% above the Building Materials median (#251 of 310)
No single metric tells the full story. See the MLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2024, Martin Marietta sold 191 million tons of aggregates. Martin Marietta's most important markets include Texas, North Carolina, Colorado, California, and Georgia, accounting for most of its sales. The company also uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
89GF Score
Get the complete analysis for MLM
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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