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Martinrea International Inc.
Buy, Hold or Sell?

Let's analyse Martinrea together

PenkeI guess you are interested in Martinrea International Inc.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Martinrea International Inc.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Martinrea (30 sec.)










What can you expect buying and holding a share of Martinrea? (30 sec.)

How much money do you get?

How much money do you get?
€0.15
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€18.47
Expected worth in 1 year
€19.81
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
€1.48
Return On Investment
19.6%

For what price can you sell your share?

Current Price per Share
€7.55
Expected price per share
€6.2276 - €7.6631
How sure are you?
50%

1. Valuation of Martinrea (5 min.)




Live pricePrice per Share (EOD)

€7.55

Intrinsic Value Per Share

€49.34 - €59.27

Total Value Per Share

€67.81 - €77.74

2. Growth of Martinrea (5 min.)




Is Martinrea growing?

Current yearPrevious yearGrowGrow %
How rich?$1.5b$1.3b$193.7m12.5%

How much money is Martinrea making?

Current yearPrevious yearGrowGrow %
Making money$28m$24.2m$3.8m13.6%
Net Profit Margin2.9%2.8%--

How much money comes from the company's main activities?

3. Financial Health of Martinrea (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#94 / 560

Most Revenue
#92 / 560

Most Profit
#127 / 560

Most Efficient
#305 / 560

What can you expect buying and holding a share of Martinrea? (5 min.)

Welcome investor! Martinrea's management wants to use your money to grow the business. In return you get a share of Martinrea.

What can you expect buying and holding a share of Martinrea?

First you should know what it really means to hold a share of Martinrea. And how you can make/lose money.

Speculation

The Price per Share of Martinrea is €7.55. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Martinrea.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Martinrea, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €18.47. Based on the TTM, the Book Value Change Per Share is €0.34 per quarter. Based on the YOY, the Book Value Change Per Share is €0.64 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Martinrea.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.020.2%0.364.7%0.304.0%0.202.7%0.202.7%
Usd Book Value Change Per Share-0.47-6.2%0.364.7%0.699.1%1.0914.5%1.0914.5%
Usd Dividend Per Share0.040.5%0.040.5%0.040.5%0.040.5%0.040.5%
Usd Total Gains Per Share-0.43-5.7%0.395.2%0.729.6%1.1315.0%1.1315.0%
Usd Price Per Share10.39-9.88-7.21-8.34-8.34-
Price to Earnings Ratio152.58-42.05-6.27-10.91-10.91-
Price-to-Total Gains Ratio-24.22-8.39-29.57--9.73--9.73-
Price to Book Ratio0.53-0.51-0.43-0.49-0.49-
Price-to-Total Gains Ratio-24.22-8.39-29.57--9.73--9.73-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.04528
Number of shares124
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.04
Usd Book Value Change Per Share0.361.09
Usd Total Gains Per Share0.391.13
Gains per Quarter (124 shares)48.85140.06
Gains per Year (124 shares)195.42560.23
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11817718518542550
2363553803610851110
3545325755416271670
4737097707221692230
5918869658927122790
61091064116010732543350
71271241135512537963910
81451418155014343394470
91631596174516148815030
101811773194017954235590

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%10.02.00.083.3%15.03.00.083.3%15.03.00.083.3%15.03.00.083.3%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%

Fundamentals of Martinrea

About Martinrea International Inc.

Martinrea International Inc. engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches. The company also provides engine blocks; transmission housings; graphene and nylon coated brake lines; fluid and thermal product, such as fuel filler pipes, brake lines, and thermal management components. In addition, the company offers flexible manufacturing products comprising front and rear suspension modules, front vertical corner modules, bus frame assemblies, structural parts and fabrications, and metallic tanks and reservoirs. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.

Fundamental data was last updated by Penke on 2024-04-18 02:06:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Martinrea International Inc..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Martinrea earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Martinrea to the Auto Parts industry mean.
  • A Net Profit Margin of 0.1% means that €0.00 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Martinrea International Inc.:

  • The MRQ is 0.1%. The company is not making a profit/loss.
  • The TTM is 2.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM2.9%-2.7%
TTM2.9%YOY2.8%+0.1%
TTM2.9%5Y0.9%+1.9%
5Y0.9%10Y0.9%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%3.3%-3.2%
TTM2.9%3.8%-0.9%
YOY2.8%3.5%-0.7%
5Y0.9%3.0%-2.1%
10Y0.9%4.1%-3.2%
1.1.2. Return on Assets

Shows how efficient Martinrea is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Martinrea to the Auto Parts industry mean.
  • 0.0% Return on Assets means that Martinrea generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Martinrea International Inc.:

  • The MRQ is 0.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.0%TTM0.6%-0.6%
TTM0.6%YOY0.6%+0.0%
TTM0.6%5Y0.4%+0.2%
5Y0.4%10Y0.4%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%1.3%-1.3%
TTM0.6%1.4%-0.8%
YOY0.6%1.3%-0.7%
5Y0.4%1.2%-0.8%
10Y0.4%1.6%-1.2%
1.1.3. Return on Equity

Shows how efficient Martinrea is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Martinrea to the Auto Parts industry mean.
  • 0.1% Return on Equity means Martinrea generated €0.00 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Martinrea International Inc.:

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM1.8%-1.7%
TTM1.8%YOY1.8%+0.0%
TTM1.8%5Y1.1%+0.7%
5Y1.1%10Y1.1%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%2.7%-2.6%
TTM1.8%2.9%-1.1%
YOY1.8%2.8%-1.0%
5Y1.1%2.3%-1.2%
10Y1.1%3.0%-1.9%

1.2. Operating Efficiency of Martinrea International Inc..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Martinrea is operating .

  • Measures how much profit Martinrea makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Martinrea to the Auto Parts industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Martinrea International Inc.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.0%-3.0%
TTM3.0%YOY4.8%-1.8%
TTM3.0%5Y4.1%-1.1%
5Y4.1%10Y4.1%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.4%-5.4%
TTM3.0%3.9%-0.9%
YOY4.8%4.6%+0.2%
5Y4.1%4.8%-0.7%
10Y4.1%5.5%-1.4%
1.2.2. Operating Ratio

Measures how efficient Martinrea is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.84 means that the operating costs are €1.84 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Martinrea International Inc.:

  • The MRQ is 1.839. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.818. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.839TTM1.818+0.021
TTM1.818YOY1.835-0.016
TTM1.8185Y1.850-0.031
5Y1.85010Y1.8500.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8391.625+0.214
TTM1.8181.614+0.204
YOY1.8351.615+0.220
5Y1.8501.562+0.288
10Y1.8501.357+0.493

1.3. Liquidity of Martinrea International Inc..

1.3. Liquidity
1.3.1. Current Ratio

Measures if Martinrea is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 1.16 means the company has €1.16 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Martinrea International Inc.:

  • The MRQ is 1.157. The company is just able to pay all its short-term debts.
  • The TTM is 1.193. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.157TTM1.193-0.036
TTM1.193YOY1.174+0.019
TTM1.1935Y1.252-0.059
5Y1.25210Y1.2520.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1571.608-0.451
TTM1.1931.613-0.420
YOY1.1741.602-0.428
5Y1.2521.582-0.330
10Y1.2521.431-0.179
1.3.2. Quick Ratio

Measures if Martinrea is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Martinrea to the Auto Parts industry mean.
  • A Quick Ratio of 0.50 means the company can pay off €0.50 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Martinrea International Inc.:

  • The MRQ is 0.498. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.584. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.498TTM0.584-0.086
TTM0.584YOY0.591-0.006
TTM0.5845Y0.608-0.024
5Y0.60810Y0.6080.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4980.642-0.144
TTM0.5840.686-0.102
YOY0.5910.725-0.134
5Y0.6080.748-0.140
10Y0.6080.781-0.173

1.4. Solvency of Martinrea International Inc..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Martinrea assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Martinrea to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.63 means that Martinrea assets are financed with 63.3% credit (debt) and the remaining percentage (100% - 63.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Martinrea International Inc.:

  • The MRQ is 0.633. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.655. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.633TTM0.655-0.022
TTM0.655YOY0.681-0.026
TTM0.6555Y0.657-0.003
5Y0.65710Y0.6570.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6330.497+0.136
TTM0.6550.497+0.158
YOY0.6810.496+0.185
5Y0.6570.489+0.168
10Y0.6570.487+0.170
1.4.2. Debt to Equity Ratio

Measures if Martinrea is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Martinrea to the Auto Parts industry mean.
  • A Debt to Equity ratio of 172.3% means that company has €1.72 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Martinrea International Inc.:

  • The MRQ is 1.723. The company is just able to pay all its debts with equity.
  • The TTM is 1.901. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.723TTM1.901-0.178
TTM1.901YOY2.133-0.233
TTM1.9015Y1.932-0.031
5Y1.93210Y1.9320.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7231.011+0.712
TTM1.9011.012+0.889
YOY2.1331.026+1.107
5Y1.9321.011+0.921
10Y1.9321.048+0.884

2. Market Valuation of Martinrea International Inc.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Martinrea generates.

  • Above 15 is considered overpriced but always compare Martinrea to the Auto Parts industry mean.
  • A PE ratio of 152.58 means the investor is paying €152.58 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Martinrea International Inc.:

  • The EOD is 118.153. Based on the earnings, the company is expensive. -2
  • The MRQ is 152.582. Based on the earnings, the company is expensive. -2
  • The TTM is 42.046. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD118.153MRQ152.582-34.429
MRQ152.582TTM42.046+110.536
TTM42.046YOY6.270+35.776
TTM42.0465Y10.906+31.140
5Y10.90610Y10.9060.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD118.15313.709+104.444
MRQ152.58213.261+139.321
TTM42.04613.454+28.592
YOY6.27015.426-9.156
5Y10.90618.117-7.211
10Y10.90621.062-10.156
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Martinrea International Inc.:

  • The EOD is 1.858. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.399. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.097. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.858MRQ2.399-0.541
MRQ2.399TTM1.097+1.303
TTM1.097YOY4.617-3.521
TTM1.0975Y7.909-6.813
5Y7.90910Y7.9090.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD1.8584.689-2.831
MRQ2.3994.761-2.362
TTM1.0973.682-2.585
YOY4.6171.176+3.441
5Y7.9092.924+4.985
10Y7.9092.552+5.357
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Martinrea is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.53 means the investor is paying €0.53 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Martinrea International Inc.:

  • The EOD is 0.409. Based on the equity, the company is cheap. +2
  • The MRQ is 0.528. Based on the equity, the company is cheap. +2
  • The TTM is 0.509. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.409MRQ0.528-0.119
MRQ0.528TTM0.509+0.019
TTM0.509YOY0.427+0.081
TTM0.5095Y0.494+0.015
5Y0.49410Y0.4940.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.4091.461-1.052
MRQ0.5281.444-0.916
TTM0.5091.487-0.978
YOY0.4271.620-1.193
5Y0.4941.667-1.173
10Y0.4942.134-1.640
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Martinrea International Inc. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.4370.335-230%0.643-168%1.026-143%1.026-143%
Book Value Per Share--18.47018.261+1%15.833+17%15.912+16%15.912+16%
Current Ratio--1.1571.193-3%1.174-1%1.252-8%1.252-8%
Debt To Asset Ratio--0.6330.655-3%0.681-7%0.657-4%0.657-4%
Debt To Equity Ratio--1.7231.901-9%2.133-19%1.932-11%1.932-11%
Dividend Per Share--0.0340.034-1%0.034-1%0.034+0%0.034+0%
Eps--0.0160.334-95%0.283-94%0.188-92%0.188-92%
Free Cash Flow Per Share--1.0160.449+126%0.115+784%0.106+854%0.106+854%
Free Cash Flow To Equity Per Share--0.073-0.090+225%0.026+179%0.024+197%0.024+197%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--59.271--------
Intrinsic Value_10Y_min--49.342--------
Intrinsic Value_1Y_max--1.216--------
Intrinsic Value_1Y_min--1.191--------
Intrinsic Value_3Y_max--7.252--------
Intrinsic Value_3Y_min--6.851--------
Intrinsic Value_5Y_max--17.630--------
Intrinsic Value_5Y_min--16.054--------
Market Cap579748675.200-33%773438250.000738916188.438+5%543584979.938+42%625724783.833+24%625724783.833+24%
Net Profit Margin--0.0010.029-95%0.028-95%0.009-85%0.009-85%
Operating Margin---0.030-100%0.048-100%0.041-100%0.041-100%
Operating Ratio--1.8391.818+1%1.835+0%1.850-1%1.850-1%
Pb Ratio0.409-29%0.5280.509+4%0.427+24%0.494+7%0.494+7%
Pe Ratio118.153-29%152.58242.046+263%6.270+2334%10.906+1299%10.906+1299%
Price Per Share7.550-29%9.7509.275+5%6.763+44%7.827+25%7.827+25%
Price To Free Cash Flow Ratio1.858-29%2.3991.097+119%4.617-48%7.909-70%7.909-70%
Price To Total Gains Ratio-18.757+23%-24.2228.386-389%29.569-182%-9.726-60%-9.726-60%
Quick Ratio--0.4980.584-15%0.591-16%0.608-18%0.608-18%
Return On Assets--0.0000.006-95%0.006-94%0.004-92%0.004-92%
Return On Equity--0.0010.018-95%0.018-95%0.011-92%0.011-92%
Total Gains Per Share---0.4030.370-209%0.678-159%1.060-138%1.060-138%
Usd Book Value--1561296873.6001549905343.200+1%1356202440.000+15%1355399096.000+15%1355399096.000+15%
Usd Book Value Change Per Share---0.4650.357-230%0.685-168%1.093-143%1.093-143%
Usd Book Value Per Share--19.68219.459+1%16.872+17%16.956+16%16.956+16%
Usd Dividend Per Share--0.0360.037-1%0.036-1%0.036+0%0.036+0%
Usd Eps--0.0170.356-95%0.302-94%0.201-92%0.201-92%
Usd Free Cash Flow--85869671.04037878386.364+127%9847566.576+772%7985986.464+975%7985986.464+975%
Usd Free Cash Flow Per Share--1.0820.478+126%0.122+784%0.113+854%0.113+854%
Usd Free Cash Flow To Equity Per Share--0.077-0.096+225%0.028+179%0.026+197%0.026+197%
Usd Market Cap617780188.293-33%824175799.200787389090.399+5%579244154.621+42%666772329.653+24%666772329.653+24%
Usd Price Per Share8.045-29%10.3909.883+5%7.206+44%8.341+25%8.341+25%
Usd Profit--1350381.60028041403.860-95%24240809.592-94%15932759.144-92%15932759.144-92%
Usd Revenue--946085378.256974465107.452-3%868183688.592+9%776521934.840+22%776521934.840+22%
Usd Total Gains Per Share---0.4290.394-209%0.722-159%1.130-138%1.130-138%
 EOD+5 -3MRQTTM+13 -22YOY+15 -205Y+18 -1710Y+18 -17

3.2. Fundamental Score

Let's check the fundamental score of Martinrea International Inc. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15118.153
Price to Book Ratio (EOD)Between0-10.409
Net Profit Margin (MRQ)Greater than00.001
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.498
Current Ratio (MRQ)Greater than11.157
Debt to Asset Ratio (MRQ)Less than10.633
Debt to Equity Ratio (MRQ)Less than11.723
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.000
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Martinrea International Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5031.155
Ma 20Greater thanMa 507.855
Ma 50Greater thanMa 1008.437
Ma 100Greater thanMa 2008.799
OpenGreater thanClose7.400
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets3,989,730
Total Liabilities2,524,549
Total Stockholder Equity1,465,181
 As reported
Total Liabilities 2,524,549
Total Stockholder Equity+ 1,465,181
Total Assets = 3,989,730

Assets

Total Assets3,989,730
Total Current Assets1,495,890
Long-term Assets2,493,840
Total Current Assets
Cash And Cash Equivalents 186,804
Net Receivables 643,959
Inventory 568,274
Total Current Assets  (as reported)1,495,890
Total Current Assets  (calculated)1,399,037
+/- 96,853
Long-term Assets
Property Plant Equipment 2,182,323
Long Term Investments 60,170
Intangible Assets 42,743
Long-term Assets  (as reported)2,493,840
Long-term Assets  (calculated)2,285,236
+/- 208,604

Liabilities & Shareholders' Equity

Total Current Liabilities1,292,773
Long-term Liabilities1,231,776
Total Stockholder Equity1,465,181
Total Current Liabilities
Short Long Term Debt 12,778
Accounts payable 1,176,579
Total Current Liabilities  (as reported)1,292,773
Total Current Liabilities  (calculated)1,189,357
+/- 103,416
Long-term Liabilities
Long term Debt 956,458
Capital Lease Obligations Min Short Term Debt258,976
Long-term Liabilities  (as reported)1,231,776
Long-term Liabilities  (calculated)1,215,434
+/- 16,342
Total Stockholder Equity
Retained Earnings 678,269
Total Stockholder Equity (as reported)1,465,181
Total Stockholder Equity (calculated)678,269
+/- 786,912
Other
Capital Stock645,256
Common Stock Shares Outstanding 79,327
Net Debt 782,432
Net Invested Capital 2,434,417
Net Working Capital 203,117
Property Plant and Equipment Gross 4,324,152



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
3,176,095
3,094,295
3,567,812
3,224,712
3,531,758
3,368,403
3,461,640
3,542,179
3,695,106
3,613,244
3,741,121
3,885,819
4,159,408
4,143,119
4,321,378
4,236,236
4,319,769
3,989,730
3,989,7304,319,7694,236,2364,321,3784,143,1194,159,4083,885,8193,741,1213,613,2443,695,1063,542,1793,461,6403,368,4033,531,7583,224,7123,567,8123,094,2953,176,095
   > Total Current Assets 
1,234,654
1,106,260
1,384,548
1,158,715
1,449,443
1,271,837
1,372,421
1,454,811
1,562,473
1,420,760
1,551,474
1,628,481
1,750,025
1,659,593
1,815,490
1,752,728
1,798,576
1,495,890
1,495,8901,798,5761,752,7281,815,4901,659,5931,750,0251,628,4811,551,4741,420,7601,562,4731,454,8111,372,4211,271,8371,449,4431,158,7151,384,5481,106,2601,234,654
       Cash And Cash Equivalents 
101,409
118,973
156,515
125,834
214,049
152,786
145,348
127,664
157,324
153,291
96,336
115,863
158,505
161,655
156,585
145,755
178,725
186,804
186,804178,725145,755156,585161,655158,505115,86396,336153,291157,324127,664145,348152,786214,049125,834156,515118,973101,409
       Net Receivables 
614,579
577,341
664,340
515,694
704,033
600,369
670,145
698,079
701,336
648,049
822,126
839,014
853,428
794,271
862,460
920,471
945,819
643,959
643,959945,819920,471862,460794,271853,428839,014822,126648,049701,336698,079670,145600,369704,033515,694664,340577,341614,579
       Inventory 
447,450
383,682
531,802
494,232
509,517
492,659
528,468
599,619
673,841
590,784
604,879
643,854
703,001
665,316
688,364
656,123
640,417
568,274
568,274640,417656,123688,364665,316703,001643,854604,879590,784673,841599,619528,468492,659509,517494,232531,802383,682447,450
   > Long-term Assets 
1,941,441
1,988,035
2,183,264
2,065,997
2,082,315
2,096,566
2,089,219
2,087,368
2,132,633
2,192,484
2,189,647
2,257,338
2,409,383
2,483,526
2,505,888
2,483,508
2,521,193
2,493,840
2,493,8402,521,1932,483,5082,505,8882,483,5262,409,3832,257,3382,189,6472,192,4842,132,6332,087,3682,089,2192,096,5662,082,3152,065,9972,183,2641,988,0351,941,441
       Property Plant Equipment 
1,703,901
1,730,273
1,885,085
1,772,911
1,795,936
1,807,827
1,797,229
1,806,754
1,839,542
1,950,848
1,944,388
2,001,000
2,129,535
2,202,838
2,197,542
2,171,205
2,196,009
2,182,323
2,182,3232,196,0092,171,2052,197,5422,202,8382,129,5352,001,0001,944,3881,950,8481,839,5421,806,7541,797,2291,807,8271,795,9361,772,9111,885,0851,730,2731,703,901
       Long Term Investments 
37,820
37,080
36,406
40,570
40,188
40,557
51,439
54,559
53,796
55,215
59,270
58,311
57,067
55,858
59,742
60,083
59,497
60,170
60,17059,49760,08359,74255,85857,06758,31159,27055,21553,79654,55951,43940,55740,18840,57036,40637,08037,820
       Intangible Assets 
61,681
54,787
57,387
55,024
55,006
52,644
50,957
48,524
48,628
47,809
45,772
0
0
45,916
0
0
0
42,743
42,74300045,9160045,77247,80948,62848,52450,95752,64455,00655,02457,38754,78761,681
       Other Assets 
197,472
218,929
260,210
251,316
245,313
248,182
240,551
226,055
239,295
186,421
185,989
198,027
222,781
224,830
0
252,220
265,687
0
0265,687252,2200224,830222,781198,027185,989186,421239,295226,055240,551248,182245,313251,316260,210218,929197,472
> Total Liabilities 
1,974,680
1,875,872
2,230,588
2,072,556
2,346,259
2,192,679
2,277,986
2,362,904
2,511,809
2,443,469
2,568,313
2,670,032
2,834,058
2,766,214
2,897,226
2,807,416
2,819,959
2,524,549
2,524,5492,819,9592,807,4162,897,2262,766,2142,834,0582,670,0322,568,3132,443,4692,511,8092,362,9042,277,9862,192,6792,346,2592,072,5562,230,5881,875,8721,974,680
   > Total Current Liabilities 
867,693
788,746
998,139
836,235
1,134,153
1,038,996
1,102,253
1,158,414
1,225,762
1,188,072
1,304,171
1,389,126
1,498,970
1,422,365
1,515,895
1,454,539
1,483,841
1,292,773
1,292,7731,483,8411,454,5391,515,8951,422,3651,498,9701,389,1261,304,1711,188,0721,225,7621,158,4141,102,2531,038,9961,134,153836,235998,139788,746867,693
       Short Long Term Debt 
14,914
15,651
16,567
16,380
18,107
19,492
20,326
15,571
21,176
20,173
18,510
18,165
16,195
16,198
16,401
15,374
14,420
12,778
12,77814,42015,37416,40116,19816,19518,16518,51020,17321,17615,57120,32619,49218,10716,38016,56715,65114,914
       Accounts payable 
798,613
709,401
914,200
763,647
1,049,004
836,114
1,031,996
1,087,490
1,155,038
1,110,350
1,224,016
1,302,481
1,394,951
1,315,380
1,401,944
1,353,075
1,358,176
1,176,579
1,176,5791,358,1761,353,0751,401,9441,315,3801,394,9511,302,4811,224,0161,110,3501,155,0381,087,4901,031,996836,1141,049,004763,647914,200709,401798,613
       Other Current Liabilities 
2,283
35,447
34,638
23,294
32,919
149,326
16,852
23,686
17,763
18,227
22,473
28,421
45,917
47,122
0
41,061
63,270
0
063,27041,061047,12245,91728,42122,47318,22717,76323,68616,852149,32632,91923,29434,63835,4472,283
   > Long-term Liabilities 
1,106,987
1,087,126
1,232,449
1,236,321
1,212,106
1,153,683
1,175,733
1,204,490
1,286,047
1,255,397
1,264,142
1,280,906
1,335,088
1,343,849
1,381,331
1,352,877
1,336,118
1,231,776
1,231,7761,336,1181,352,8771,381,3311,343,8491,335,0881,280,9061,264,1421,255,3971,286,0471,204,4901,175,7331,153,6831,212,1061,236,3211,232,4491,087,1261,106,987
       Long term Debt 
778,332
765,922
854,640
885,825
870,258
815,730
852,996
905,506
995,714
990,817
999,880
1,028,776
1,070,529
1,054,170
1,096,054
1,067,787
1,053,553
956,458
956,4581,053,5531,067,7871,096,0541,054,1701,070,5291,028,776999,880990,817995,714905,506852,996815,730870,258885,825854,640765,922778,332
       Capital Lease Obligations Min Short Term Debt
210,991
202,352
220,525
219,130
224,405
211,813
201,526
195,450
187,584
239,777
248,863
243,619
249,669
273,120
266,969
262,049
267,530
258,976
258,976267,530262,049266,969273,120249,669243,619248,863239,777187,584195,450201,526211,813224,405219,130220,525202,352210,991
       Other Liabilities 
146,006
147,099
190,018
164,280
151,566
160,204
154,290
135,201
134,534
64,125
54,571
48,570
56,797
60,224
0
68,070
63,010
0
063,01068,070060,22456,79748,57054,57164,125134,534135,201154,290160,204151,566164,280190,018147,099146,006
       Deferred Long Term Liability 
59,416
53,034
55,824
53,824
54,128
52,644
50,957
48,524
48,628
47,809
45,772
46,217
47,724
45,916
0
43,707
43,439
0
043,43943,707045,91647,72446,21745,77247,80948,62848,52450,95752,64454,12853,82455,82453,03459,416
> Total Stockholder Equity
1,201,415
1,218,423
1,337,224
1,152,156
1,185,499
1,175,724
1,183,654
1,179,275
1,183,297
1,169,775
1,172,808
1,215,787
1,325,350
1,376,905
1,424,152
1,428,820
1,499,810
1,465,181
1,465,1811,499,8101,428,8201,424,1521,376,9051,325,3501,215,7871,172,8081,169,7751,183,2971,179,2751,183,6541,175,7241,185,4991,152,1561,337,2241,218,4231,201,415
   Common Stock
673,485
661,422
658,948
660,151
662,427
662,427
662,530
663,259
663,415
663,415
663,415
663,646
663,646
663,646
0
657,271
650,634
0
0650,634657,2710663,646663,646663,646663,415663,415663,415663,259662,530662,427662,427660,151658,948661,422673,485
   Retained Earnings 
380,395
425,445
443,768
288,331
332,003
372,792
416,034
439,554
419,090
410,308
440,604
465,012
496,252
543,636
588,163
632,847
681,668
678,269
678,269681,668632,847588,163543,636496,252465,012440,604410,308419,090439,554416,034372,792332,003288,331443,768425,445380,395
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
105,213
89,107
191,455
160,364
147,813
96,645
60,919
32,192
56,237
51,207
23,748
41,953
120,101
124,065
0
93,020
121,716
0
0121,71693,0200124,065120,10141,95323,74851,20756,23732,19260,91996,645147,813160,364191,45589,107105,213



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue5,340,003
Cost of Revenue-4,664,606
Gross Profit675,397675,397
 
Operating Income (+$)
Gross Profit675,397
Operating Expense-5,043,767
Operating Income296,236-4,368,370
 
Operating Expense (+$)
Research Development38,011
Selling General Administrative323,438
Selling And Marketing Expenses-
Operating Expense5,043,767361,449
 
Net Interest Income (+$)
Interest Income1,501
Interest Expense-80,323
Other Finance Cost-0
Net Interest Income-78,822
 
Pretax Income (+$)
Operating Income296,236
Net Interest Income-78,822
Other Non-Operating Income Expenses-
Income Before Tax (EBT)197,157316,493
EBIT - interestExpense = -80,323
153,665
233,988
Interest Expense80,323
Earnings Before Interest and Taxes (EBIT)-277,480
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax197,157
Tax Provision-43,492
Net Income From Continuing Ops153,665153,665
Net Income153,665
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-20,25778,822
 

Technical Analysis of Martinrea
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Martinrea. The general trend of Martinrea is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Martinrea's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Martinrea International Inc..

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 7.5269 < 7.6631 < 7.6631.

The bearish price targets are: 6.9034 > 6.3241 > 6.2276.

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Martinrea International Inc. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Martinrea International Inc.. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Martinrea International Inc. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Martinrea International Inc.. The current macd is -0.24293416.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Martinrea price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Martinrea. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Martinrea price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Martinrea International Inc. Daily Moving Average Convergence/Divergence (MACD) ChartMartinrea International Inc. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Martinrea International Inc.. The current adx is 35.89.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Martinrea shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Martinrea International Inc. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Martinrea International Inc.. The current sar is 7.88668572.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Martinrea International Inc. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Martinrea International Inc.. The current rsi is 31.16. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Martinrea International Inc. Daily Relative Strength Index (RSI) ChartMartinrea International Inc. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Martinrea International Inc.. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Martinrea price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Martinrea International Inc. Daily Stochastic Oscillator ChartMartinrea International Inc. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Martinrea International Inc.. The current cci is -97.36261183.

Martinrea International Inc. Daily Commodity Channel Index (CCI) ChartMartinrea International Inc. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Martinrea International Inc.. The current cmo is -36.89165706.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Martinrea International Inc. Daily Chande Momentum Oscillator (CMO) ChartMartinrea International Inc. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Martinrea International Inc.. The current willr is -64.28571429.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Martinrea is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Martinrea International Inc. Daily Williams %R ChartMartinrea International Inc. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Martinrea International Inc..

Martinrea International Inc. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Martinrea International Inc.. The current atr is 0.09951051.

Martinrea International Inc. Daily Average True Range (ATR) ChartMartinrea International Inc. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Martinrea International Inc.. The current obv is 5,415.

Martinrea International Inc. Daily On-Balance Volume (OBV) ChartMartinrea International Inc. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Martinrea International Inc.. The current mfi is 14.50.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Martinrea International Inc. Daily Money Flow Index (MFI) ChartMartinrea International Inc. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Martinrea International Inc..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-29 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-05 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-08 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-15 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-16 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-17 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-22 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Martinrea International Inc. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Martinrea International Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5031.155
Ma 20Greater thanMa 507.855
Ma 50Greater thanMa 1008.437
Ma 100Greater thanMa 2008.799
OpenGreater thanClose7.400
Total1/5 (20.0%)
Penke

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