Martin Marietta Materials (Martin Marietta Materials) GF Value Rank : 3 (As of Apr. 25, 2024)

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What is Martin Marietta Materials GF Value Rank?

Martin Marietta Materials has the GF Value Rank of 3.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Martin Marietta Materials's GF Value Rank

For the Building Materials subindustry, Martin Marietta Materials's GF Value Rank, along with its competitors' market caps and GF Value Rank 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's GF Value Rank Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's GF Value Rank falls into.

Martin Marietta Materials GF Value Rank Related Terms

Thank you for viewing the detailed overview of Martin Marietta Materials's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Martin Marietta Materials (Martin Marietta Materials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Martin Marietta Materials Inc (NYSE:MLM) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

MLM:Mexico MMX:Germany M1LM34:Brazil

Address

4123 Parklake Avenue, Raleigh, NC, USA, 27612

Website

https://www.martinmarietta.com

Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2022, Martin Marietta sold 207 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Executives

Craig M Latorre	officer: Sr. VP, CHRO	2710 WYCLIFF ROAD, RALEIGH NC 27607
Kelly Gean Bennett	officer: Sr VP, Human Resources	4123 PARKLAKE AVENUE, RALEIGH NC 27612
Sue W Cole	director	C/O US TRUST CO OF NORTH CAROLINA, 301 N. ELM ST., GREENSBORO NC 27401
Oliver W Brooks	officer: SVP - Enterprise Excellence	4123 PARKLAKE AVENUE, RALEIGH NC 27612
John P Mohr	officer: SVP - CIO	2710 WYCLIFF ROAD, RALEIGH NC 27607
Michael J Petro	officer: SVP - Strategy and Development	4123 PARKLAKE AVENUE, RALEIGH NC 27612
C Howard Nye	officer: Pres & Chief Operating Officer	2710 WYCLIFF ROAD, RALEIGH NC 27607
Roselyn R Bar	officer: VP, Gen. Counsel and Secy	C/O MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
Anthony R Foxx	director	2710 WYCLIFF ROAD, RALEIGH NC 27607
Zelnak Stephen P Jr	director, officer: Chairman, President and CEO	MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
David C Wajsgras	director	870 WINTER STREET, WALTHAM MA 02451
John J Koraleski	director	MARTIN MARIETTA, 2710 WYCLIFF ROAD, RALEIGH NC 27607
Daniel L. Grant	officer: SVP - Strategy and Development	2710 WYCLIFF ROAD, RALEIGH NC 27607
Thomas Pike	director	C/O ACCENTURE, 161 N. CLARK STREET, 23RD FLOOR, CHICAGO IL 60601
Laree E Perez	director	1111 LOUISIANA STREET, HOUSTON TX 77002