Martin Marietta Net Worth
Martin Marietta Net Worth Breakdown | MLM |
Martin Marietta Net Worth Analysis
Martin Marietta's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Martin Marietta's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Martin Marietta's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Martin Marietta's net worth analysis. One common approach is to calculate Martin Marietta's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Martin Marietta's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Martin Marietta's net worth. This approach calculates the present value of Martin Marietta's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Martin Marietta's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Martin Marietta's net worth. This involves comparing Martin Marietta's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Martin Marietta's net worth relative to its peers.
Enterprise Value |
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To determine if Martin Marietta is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Martin Marietta's net worth research are outlined below:
Martin Marietta generated a negative expected return over the last 90 days | |
Over 99.0% of the company shares are owned by institutional investors | |
Latest headline from thelincolnianonline.com: RD Lewis Holdings Inc. Acquires New Shares in Martin Marietta Materials, Inc. |
Martin Marietta Quarterly Good Will |
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Martin Marietta uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Martin Marietta Materials. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Martin Marietta's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
21st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Martin Marietta Target Price Consensus
Martin target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Martin Marietta's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
22 | Strong Buy |
Most Martin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Martin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Martin Marietta Materials, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMartin Marietta Target Price Projection
Martin Marietta's current and average target prices are 477.03 and 632.03, respectively. The current price of Martin Marietta is the price at which Martin Marietta Materials is currently trading. On the other hand, Martin Marietta's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Martin Marietta Market Quote on 24th of March 2025
Target Price
Analyst Consensus On Martin Marietta Target Price
Know Martin Marietta's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Martin Marietta is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Martin Marietta Materials backward and forwards among themselves. Martin Marietta's institutional investor refers to the entity that pools money to purchase Martin Marietta's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Geode Capital Management, Llc | 2024-12-31 | 1.5 M | Select Equity Group Lp | 2024-12-31 | 1.4 M | Goldman Sachs Group Inc | 2024-12-31 | 976.7 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 951.4 K | Amvescap Plc. | 2024-12-31 | 873.6 K | Alkeon Capital Management, Llc | 2024-12-31 | 771.2 K | T. Rowe Price Associates, Inc. | 2024-12-31 | 768.1 K | King Luther Capital Management Corp | 2024-12-31 | 717.3 K | Gardner Russo & Gardner | 2024-12-31 | 707 K | Vanguard Group Inc | 2024-12-31 | 7.2 M | Blackrock Inc | 2024-12-31 | 4.3 M |
Follow Martin Marietta's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 29.09 B.Market Cap |
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Project Martin Marietta's profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.15 | 0.09 | |
Return On Capital Employed | 0.16 | 0.12 | |
Return On Assets | 0.11 | 0.07 | |
Return On Equity | 0.21 | 0.14 |
When accessing Martin Marietta's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Martin Marietta's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Martin Marietta's profitability and make more informed investment decisions.
Evaluate Martin Marietta's management efficiency
Martin Marietta Materials has Return on Asset of 0.0557 % which means that on every $100 spent on assets, it made $0.0557 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2282 %, implying that it generated $0.2282 on every 100 dollars invested. Martin Marietta's management efficiency ratios could be used to measure how well Martin Marietta manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of March 2025, Return On Tangible Assets is likely to drop to 0.09. In addition to that, Return On Capital Employed is likely to drop to 0.12. At this time, Martin Marietta's Other Assets are very stable compared to the past year. As of the 24th of March 2025, Asset Turnover is likely to grow to 0.69, while Return On Tangible Assets are likely to drop 0.09.Last Reported | Projected for Next Year | ||
Book Value Per Share | 154.01 | 161.71 | |
Tangible Book Value Per Share | 80.77 | 84.80 | |
Enterprise Value Over EBITDA | 11.04 | 9.52 | |
Price Book Value Ratio | 3.35 | 2.32 | |
Enterprise Value Multiple | 11.04 | 9.52 | |
Price Fair Value | 3.35 | 2.32 | |
Enterprise Value | 2.8 B | 1.8 B |
The decision-making processes within Martin Marietta are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 5.2357 | Revenue | Quarterly Revenue Growth 0.014 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Martin Marietta insiders, such as employees or executives, is commonly permitted as long as it does not rely on Martin Marietta's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Martin Marietta insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Martin Marietta Corporate Filings
F4 | 6th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 25th of February 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
10K | 21st of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
14th of February 2025 Other Reports | ViewVerify |
Martin Marietta Earnings Estimation Breakdown
The calculation of Martin Marietta's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Martin Marietta is estimated to be 1.83 with the future projection ranging from a low of 1.52 to a high of 2.14. Please be aware that this consensus of annual earnings estimates for Martin Marietta Materials is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.52 Lowest | Expected EPS | 2.14 Highest |
Martin Marietta Earnings Projection Consensus
Suppose the current estimates of Martin Marietta's value are higher than the current market price of the Martin Marietta stock. In this case, investors may conclude that Martin Marietta is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Martin Marietta's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
22 | 86.16% | 4.8097 | 1.83 | 32.39 |
Martin Marietta Earnings History
Earnings estimate consensus by Martin Marietta Materials analysts from Wall Street is used by the market to judge Martin Marietta's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Martin Marietta's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Martin Marietta Quarterly Gross Profit |
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Martin Marietta Earnings per Share Projection vs Actual
Actual Earning per Share of Martin Marietta refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Martin Marietta Materials predict the company's earnings will be in the future. The higher the earnings per share of Martin Marietta, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Martin Marietta Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Martin Marietta, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Martin Marietta should always be considered in relation to other companies to make a more educated investment decision.Martin Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Martin Marietta's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-02-12 | 2024-12-31 | 4.5586 | 4.8097 | 0.2511 | 5 | ||
2024-10-30 | 2024-09-30 | 6.28 | 5.91 | -0.37 | 5 | ||
2024-08-08 | 2024-06-30 | 5.36 | 4.76 | -0.6 | 11 | ||
2024-04-30 | 2024-03-31 | 1.83 | 1.93 | 0.1 | 5 | ||
2024-02-14 | 2023-12-31 | 3.99 | 4.63 | 0.64 | 16 | ||
2023-11-01 | 2023-09-30 | 6.06 | 6.94 | 0.88 | 14 | ||
2023-07-27 | 2023-06-30 | 4.86 | 5.6 | 0.74 | 15 | ||
2023-05-04 | 2023-03-31 | 0.98 | 2.16 | 1.18 | 120 | ||
2023-02-15 | 2022-12-31 | 3.07 | 3.04 | -0.03 | 0 | ||
2022-11-02 | 2022-09-30 | 4.63 | 4.69 | 0.06 | 1 | ||
2022-07-28 | 2022-06-30 | 3.74 | 3.96 | 0.22 | 5 | ||
2022-05-03 | 2022-03-31 | 0.67 | 0.41 | -0.26 | 38 | ||
2022-02-10 | 2021-12-31 | 2.91 | 3.15 | 0.24 | 8 | ||
2021-11-02 | 2021-09-30 | 4.24 | 4.25 | 0.01 | 0 | ||
2021-07-29 | 2021-06-30 | 3.84 | 3.81 | -0.03 | 0 | ||
2021-05-04 | 2021-03-31 | 0.5 | 1.04 | 0.54 | 108 | ||
2021-02-09 | 2020-12-31 | 2.3 | 2.93 | 0.63 | 27 | ||
2020-10-29 | 2020-09-30 | 3.76 | 3.85 | 0.09 | 2 | ||
2020-07-28 | 2020-06-30 | 3.02 | 3.49 | 0.47 | 15 | ||
2020-05-05 | 2020-03-31 | 0.49 | 0.41 | -0.08 | 16 | ||
2020-02-11 | 2019-12-31 | 2.19 | 2.09 | -0.1 | 4 | ||
2019-10-29 | 2019-09-30 | 3.51 | 3.96 | 0.45 | 12 | ||
2019-07-30 | 2019-06-30 | 3.18 | 3.2 | 0.02 | 0 | ||
2019-04-30 | 2019-03-31 | 0.34 | 0.47 | 0.13 | 38 | ||
2019-02-12 | 2018-12-31 | 1.74 | 1.5 | -0.24 | 13 | ||
2018-11-06 | 2018-09-30 | 2.78 | 3.06 | 0.28 | 10 | ||
2018-07-26 | 2018-06-30 | 2.85 | 3.04 | 0.19 | 6 | ||
2018-05-08 | 2018-03-31 | 0.22 | 0.16 | -0.06 | 27 | ||
2018-02-13 | 2017-12-31 | 1.47 | 1.88 | 0.41 | 27 | ||
2017-11-02 | 2017-09-30 | 2.45 | 2.39 | -0.06 | 2 | ||
2017-08-01 | 2017-06-30 | 2.36 | 2.25 | -0.11 | 4 | ||
2017-05-02 | 2017-03-31 | 0.4 | 0.67 | 0.27 | 67 | ||
2017-02-14 | 2016-12-31 | 1.62 | 1.55 | -0.07 | 4 | ||
2016-11-01 | 2016-09-30 | 2.61 | 2.49 | -0.12 | 4 | ||
2016-08-02 | 2016-06-30 | 2 | 1.9 | -0.1 | 5 | ||
2016-05-05 | 2016-03-31 | 0.36 | 0.69 | 0.33 | 91 | ||
2016-02-09 | 2015-12-31 | 1.35 | 1.15 | -0.2 | 14 | ||
2015-11-03 | 2015-09-30 | 2.15 | 2.04 | -0.11 | 5 | ||
2015-08-04 | 2015-06-30 | 1.61 | 1.24 | -0.37 | 22 | ||
2015-04-30 | 2015-03-31 | 0.11 | 0.09 | -0.02 | 18 | ||
2015-02-10 | 2014-12-31 | 0.82 | 0.99 | 0.17 | 20 | ||
2014-10-28 | 2014-09-30 | 1.7 | 1.45 | -0.25 | 14 | ||
2014-07-29 | 2014-06-30 | 1.31 | 1.34 | 0.03 | 2 | ||
2014-04-29 | 2014-03-31 | -0.34 | -0.35 | -0.01 | 2 | ||
2014-01-28 | 2013-12-31 | 0.7 | 0.78 | 0.08 | 11 | ||
2013-11-07 | 2013-09-30 | 1.47 | 1.55 | 0.08 | 5 | ||
2013-07-30 | 2013-06-30 | 1.13 | 0.88 | -0.25 | 22 | ||
2013-04-30 | 2013-03-31 | -0.36 | -0.6 | -0.24 | 66 | ||
2013-02-12 | 2012-12-31 | 0.48 | 0.46 | -0.02 | 4 | ||
2012-11-06 | 2012-09-30 | 1.26 | 1.36 | 0.1 | 7 | ||
2012-07-31 | 2012-06-30 | 1 | 0.91 | -0.09 | 9 | ||
2012-05-01 | 2012-03-31 | -0.24 | -0.29 | -0.05 | 20 | ||
2012-02-07 | 2011-12-31 | 0.39 | 0.38 | -0.01 | 2 | ||
2011-11-01 | 2011-09-30 | 1.09 | 1.11 | 0.02 | 1 | ||
2011-08-02 | 2011-06-30 | 1.08 | 0.78 | -0.3 | 27 | ||
2011-05-03 | 2011-03-31 | -0.37 | -0.39 | -0.02 | 5 | ||
2011-02-08 | 2010-12-31 | 0.2 | 0.32 | 0.12 | 60 | ||
2010-11-02 | 2010-09-30 | 1.16 | 1.13 | -0.03 | 2 | ||
2010-08-03 | 2010-06-30 | 1.17 | 1.18 | 0.01 | 0 | ||
2010-05-04 | 2010-03-31 | -0.34 | -0.54 | -0.2 | 58 | ||
2010-02-09 | 2009-12-31 | 0.33 | -0.07 | -0.4 | 121 | ||
2009-11-03 | 2009-09-30 | 1.18 | 1.23 | 0.05 | 4 | ||
2009-08-04 | 2009-06-30 | 0.77 | 0.85 | 0.08 | 10 | ||
2009-05-05 | 2009-03-31 | 0.14 | -0.14 | -0.28 | 200 | ||
2009-02-12 | 2008-12-31 | 0.83 | 0.61 | -0.22 | 26 | ||
2008-10-28 | 2008-09-30 | 1.59 | 1.58 | -0.01 | 0 | ||
2008-08-07 | 2008-06-30 | 1.84 | 1.39 | -0.45 | 24 | ||
2008-05-06 | 2008-03-31 | 0.64 | 0.51 | -0.13 | 20 | ||
2008-02-05 | 2007-12-31 | 1.55 | 1.34 | -0.21 | 13 | ||
2007-10-30 | 2007-09-30 | 2.04 | 2.11 | 0.07 | 3 | ||
2007-08-07 | 2007-06-30 | 2 | 1.91 | -0.09 | 4 | ||
2007-05-08 | 2007-03-31 | 0.72 | 0.72 | 0.0 | 0 | ||
2007-02-08 | 2006-12-31 | 1.34 | 1.36 | 0.02 | 1 | ||
2006-10-31 | 2006-09-30 | 1.62 | 1.57 | -0.05 | 3 | ||
2006-08-01 | 2006-06-30 | 1.65 | 1.63 | -0.02 | 1 | ||
2006-05-02 | 2006-03-31 | 0.56 | 0.63 | 0.07 | 12 | ||
2006-02-09 | 2005-12-31 | 0.9 | 1.04 | 0.14 | 15 | ||
2005-11-01 | 2005-09-30 | 1.44 | 1.47 | 0.03 | 2 | ||
2005-08-01 | 2005-06-30 | 1.29 | 1.3 | 0.01 | 0 | ||
2005-05-02 | 2005-03-31 | 0.1 | 0.17 | 0.07 | 70 | ||
2005-02-09 | 2004-12-31 | 0.7 | 0.74 | 0.04 | 5 | ||
2004-11-01 | 2004-09-30 | 1.01 | 1.09 | 0.08 | 7 | ||
2004-08-03 | 2004-06-30 | 0.92 | 0.91 | -0.01 | 1 | ||
2004-05-04 | 2004-03-31 | -0.15 | -0.14 | 0.01 | 6 | ||
2004-02-04 | 2003-12-31 | 0.56 | 0.6 | 0.04 | 7 | ||
2003-10-30 | 2003-09-30 | 0.9 | 0.93 | 0.03 | 3 | ||
2003-07-30 | 2003-06-30 | 0.73 | 0.81 | 0.08 | 10 | ||
2003-04-29 | 2003-03-31 | -0.28 | -0.29 | -0.01 | 3 | ||
2003-01-30 | 2002-12-31 | 0.34 | 0.33 | -0.01 | 2 | ||
2002-10-31 | 2002-09-30 | 0.81 | 0.8 | -0.01 | 1 | ||
2002-07-25 | 2002-06-30 | 0.84 | 1.09 | 0.25 | 29 | ||
2002-04-25 | 2002-03-31 | -0.2 | -0.22 | -0.02 | 10 | ||
2002-01-30 | 2001-12-31 | 0.64 | 0.52 | -0.12 | 18 | ||
2001-10-23 | 2001-09-30 | 1.01 | 0.95 | -0.06 | 5 | ||
2001-07-25 | 2001-06-30 | 0.83 | 0.82 | -0.01 | 1 | ||
2001-04-24 | 2001-03-31 | -0.03 | -0.1 | -0.07 | 233 | ||
2001-01-24 | 2000-12-31 | 0.42 | 0.44 | 0.02 | 4 | ||
2000-10-17 | 2000-09-30 | 1.21 | 0.9 | -0.31 | 25 | ||
2000-07-18 | 2000-06-30 | 0.94 | 0.9 | -0.04 | 4 | ||
2000-04-18 | 2000-03-31 | 0.14 | 0.16 | 0.02 | 14 | ||
2000-01-26 | 1999-12-31 | 0.64 | 0.7 | 0.06 | 9 | ||
1999-10-19 | 1999-09-30 | 0.92 | 0.94 | 0.02 | 2 | ||
1999-07-20 | 1999-06-30 | 0.87 | 0.88 | 0.01 | 1 | ||
1999-04-20 | 1999-03-31 | 0.07 | 0.17 | 0.1 | 142 | ||
1999-01-26 | 1998-12-31 | 0.63 | 0.66 | 0.03 | 4 | ||
1998-10-22 | 1998-09-30 | 0.95 | 0.98 | 0.03 | 3 | ||
1998-07-21 | 1998-06-30 | 0.79 | 0.78 | -0.01 | 1 | ||
1998-04-21 | 1998-03-31 | 0.09 | 0.06 | -0.03 | 33 | ||
1998-01-21 | 1997-12-31 | 0.47 | 0.5 | 0.03 | 6 | ||
1997-10-21 | 1997-09-30 | 0.71 | 0.79 | 0.08 | 11 | ||
1997-07-22 | 1997-06-30 | 0.62 | 0.66 | 0.04 | 6 | ||
1997-04-22 | 1997-03-31 | 0.15 | 0.19 | 0.04 | 26 | ||
1997-01-22 | 1996-12-31 | 0.41 | 0.43 | 0.02 | 4 | ||
1996-10-21 | 1996-09-30 | 0.63 | 0.6 | -0.03 | 4 | ||
1996-07-22 | 1996-06-30 | 0.49 | 0.58 | 0.09 | 18 | ||
1996-04-23 | 1996-03-31 | 0.15 | 0.09 | -0.06 | 40 |
Martin Marietta Corporate Directors
Jacklyn Rooker | Director Relations | Profile | |
Sue Cole | Independent Director | Profile | |
John Koraleski | Lead Independent Director | Profile | |
Michael Quillen | Lead Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Martin Marietta. If investors know Martin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Martin Marietta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.052 | Dividend Share 3.06 | Earnings Share 32.39 | Revenue Per Share | Quarterly Revenue Growth 0.014 |
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.