The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Martin Marietta has an asset utilization ratio of 194.89 percent. This denotes that the company is making $1.95 for each dollar of assets. An increasing asset utilization means that Martin Marietta Materials is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of Martin Marietta
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Martin Marietta Materials, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Martin Marietta based on Martin Marietta hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Martin Marietta's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Martin Marietta's related companies.
Use Technical Analysis to project Martin expected Price
Martin Marietta technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Martin Marietta technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Martin Marietta trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Martin Marietta Gross Profit
Martin Marietta Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Martin Marietta previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Martin Marietta Gross Profit growth over the last 10 years. Please check Martin Marietta's
gross profit and other
fundamental indicators for more details.
An Additional Perspective On Martin Marietta Materials
The latest bullish price patterns experienced by current Martin Marietta Materials shareholders may encourage stakeholders to take a closer look at the firm as it closed today at a share price of
219.89 on
541,235 in trading volume. The company executives have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in
June. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.6. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Martin Marietta Mate partners.
Cost of Revenue Breakdown
Martin Marietta Cost of Revenue yearly trend continues to be relatively stable with very little volatility. The value of Cost of Revenue is projected to decrease to about 3.2
B. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Martin Marietta Cost of Revenue is relatively stable at the moment as compared to the past year. The company's current value of Cost of Revenue is estimated at 3.21 Billion
| 2013 | 1.79 Billion |
| 2014 | 2.44 Billion |
| 2015 | 2.81 Billion |
| 2016 | 2.91 Billion |
| 2017 | 2.99 Billion |
| 2018 | 3.28 Billion |
| 2019 | 3.56 Billion |
| 2020 | 3.21 Billion |
Another setback for Martin Marietta stakeholders
Treynor ratio is down to 0.28. It may denote a possible volatility pull down. Martin Marietta Materials shows above-average downside volatility for the selected time horizon. We advise investors to inspect Martin Marietta Materials further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Martin Marietta future alpha.
Our Takeaway on Martin Marietta Investment
While many of the other players under the building materials industry are still a bit expensive, Martin Marietta may offer a potential longer-term growth to stakeholders. All things considered, as of the 28th of July 2020, our research shows that Martin Marietta is a rather very steady investment opportunity with a
below average chance of distress in the next two years. From a slightly different view, the entity currently appears to be
overvalued. Our present 30 days buy-or-sell advice on the company is
Strong Hold.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Martin Marietta Materials. Please refer to our
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