Marel hf. Logo

Marel hf.

MAREL.IC

(1.5)
Stock Price

510,00 ISK

3.27% ROA

2.99% ROE

56x PER

Market Cap.

2.285.459.326,44 ISK

88.63% DER

0.51% Yield

1.8% NPM

Marel hf. Stock Analysis

Marel hf. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Marel hf. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

2 ROE

ROE in an average range (3.94%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (3.27%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (1.71x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 DER

The stock maintains a fair debt to equity ratio (89%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Buffet Intrinsic Value

The company's stock appears overvalued (81) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Marel hf. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Marel hf. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Marel hf. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Marel hf. Revenue
Year Revenue Growth
2002 104.009.000
2003 108.643.000 4.27%
2004 112.301.000 3.26%
2005 129.039.000 12.97%
2006 208.700.000 38.17%
2007 289.817.000 27.99%
2008 540.149.000 46.34%
2009 531.680.000 -1.59%
2010 600.421.000 11.45%
2011 668.357.000 10.16%
2012 713.960.000 6.39%
2013 661.536.000 -7.92%
2014 712.554.000 7.16%
2015 818.602.000 12.95%
2016 969.671.000 15.58%
2017 1.038.200.000 6.6%
2018 1.197.900.000 13.33%
2019 1.283.700.000 6.68%
2020 1.237.800.000 -3.71%
2021 1.360.800.000 9.04%
2022 1.708.700.000 20.36%
2023 1.614.400.000 -5.84%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Marel hf. Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 5.050.000 100%
2006 7.346.000 31.26%
2007 8.856.000 17.05%
2008 27.337.000 67.6%
2009 31.149.000 12.24%
2010 36.474.000 14.6%
2011 40.323.000 9.55%
2012 41.566.000 2.99%
2013 44.388.000 6.36%
2014 55.436.000 19.93%
2015 57.078.000 2.88%
2016 63.103.000 9.55%
2017 57.800.000 -9.17%
2018 73.700.000 21.57%
2019 85.900.000 14.2%
2020 73.300.000 -17.19%
2021 86.900.000 15.65%
2022 105.900.000 17.94%
2023 107.200.000 1.21%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Marel hf. General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 43.763.000
2003 43.549.000 -0.49%
2004 9.165.000 -375.17%
2005 -4.590.000 299.67%
2006 -7.077.000 35.14%
2007 -15.935.000 55.59%
2008 60.038.000 126.54%
2009 69.866.000 14.07%
2010 54.519.000 -28.15%
2011 53.693.000 -1.54%
2012 56.945.000 5.71%
2013 51.313.000 -10.98%
2014 60.086.000 14.6%
2015 59.593.000 -0.83%
2016 66.270.000 10.08%
2017 71.000.000 6.66%
2018 84.900.000 16.37%
2019 83.400.000 -1.8%
2020 87.800.000 5.01%
2021 96.200.000 8.73%
2022 139.200.000 30.89%
2023 116.800.000 -19.18%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Marel hf. EBITDA
Year EBITDA Growth
2002 7.476.000
2003 11.269.000 33.66%
2004 10.596.000 -6.35%
2005 14.219.000 25.48%
2006 18.283.000 22.23%
2007 27.512.000 33.55%
2008 42.107.000 34.66%
2009 78.372.000 46.27%
2010 83.092.000 5.68%
2011 88.750.000 6.38%
2012 82.679.000 -7.34%
2013 62.614.000 -32.05%
2014 65.129.000 3.86%
2015 118.451.000 45.02%
2016 170.861.000 30.67%
2017 184.400.000 7.34%
2018 211.600.000 12.85%
2019 210.200.000 -0.67%
2020 200.900.000 -4.63%
2021 195.000.000 -3.03%
2022 183.300.000 -6.38%
2023 206.400.000 11.19%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Marel hf. Gross Profit
Year Gross Profit Growth
2002 69.892.000
2003 72.361.000 3.41%
2004 40.815.000 -77.29%
2005 45.374.000 10.05%
2006 71.384.000 36.44%
2007 100.612.000 29.05%
2008 178.931.000 43.77%
2009 191.674.000 6.65%
2010 227.074.000 15.59%
2011 247.289.000 8.17%
2012 249.226.000 0.78%
2013 233.644.000 -6.67%
2014 247.710.000 5.68%
2015 312.155.000 20.65%
2016 397.008.000 21.37%
2017 406.700.000 2.38%
2018 467.500.000 13.01%
2019 491.100.000 4.81%
2020 459.400.000 -6.9%
2021 493.800.000 6.97%
2022 578.300.000 14.61%
2023 572.400.000 -1.03%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Marel hf. Net Profit
Year Net Profit Growth
2002 50.000
2003 3.749.000 98.67%
2004 6.615.000 43.33%
2005 5.715.000 -15.75%
2006 146.000 -3814.38%
2007 6.065.000 97.59%
2008 -8.405.000 172.16%
2009 -11.811.000 28.84%
2010 13.626.000 186.68%
2011 34.463.000 60.46%
2012 35.609.000 3.22%
2013 20.620.000 -72.69%
2014 11.731.000 -75.77%
2015 56.696.000 79.31%
2016 75.791.000 25.19%
2017 96.800.000 21.7%
2018 122.400.000 20.92%
2019 110.000.000 -11.27%
2020 102.500.000 -7.32%
2021 96.800.000 -5.89%
2022 58.700.000 -64.91%
2023 40.400.000 -45.3%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Marel hf. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 242 100%
2006 5 -4740%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Marel hf. Free Cashflow
Year Free Cashflow Growth
2002 -13.985.000
2003 3.013.000 564.16%
2004 6.609.000 54.41%
2005 -4.833.000 236.75%
2006 -16.150.000 70.07%
2007 -19.534.000 17.32%
2008 -23.574.000 17.14%
2009 972.000 2525.31%
2010 56.131.000 98.27%
2011 13.618.000 -312.18%
2012 9.663.000 -40.93%
2013 32.713.000 70.46%
2014 61.312.000 46.65%
2015 64.721.000 5.27%
2016 92.833.000 30.28%
2017 137.700.000 32.58%
2018 109.800.000 -25.41%
2019 104.600.000 -4.97%
2020 128.000.000 18.28%
2021 105.300.000 -21.56%
2022 -37.000.000 384.59%
2023 15.000.000 346.67%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Marel hf. Operating Cashflow
Year Operating Cashflow Growth
2002 434.000
2003 4.904.000 91.15%
2004 10.558.000 53.55%
2005 2.987.000 -253.47%
2006 -2.992.000 199.83%
2007 2.778.000 207.7%
2008 15.288.000 81.83%
2009 25.526.000 40.11%
2010 78.986.000 67.68%
2011 43.183.000 -82.91%
2012 49.095.000 12.04%
2013 64.097.000 23.41%
2014 85.601.000 25.12%
2015 93.652.000 8.6%
2016 137.140.000 31.71%
2017 195.600.000 29.89%
2018 166.800.000 -17.27%
2019 142.500.000 -17.05%
2020 182.600.000 21.96%
2021 176.200.000 -3.63%
2022 51.400.000 -242.8%
2023 31.700.000 -62.15%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Marel hf. Capital Expenditure
Year Capital Expenditure Growth
2002 14.419.000
2003 1.891.000 -662.51%
2004 3.949.000 52.11%
2005 7.820.000 49.5%
2006 13.158.000 40.57%
2007 22.312.000 41.03%
2008 38.862.000 42.59%
2009 24.554.000 -58.27%
2010 22.855.000 -7.43%
2011 29.565.000 22.7%
2012 39.432.000 25.02%
2013 31.384.000 -25.64%
2014 24.289.000 -29.21%
2015 28.931.000 16.05%
2016 44.307.000 34.7%
2017 57.900.000 23.48%
2018 57.000.000 -1.58%
2019 37.900.000 -50.4%
2020 54.600.000 30.59%
2021 70.900.000 22.99%
2022 88.400.000 19.8%
2023 16.700.000 -429.34%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Marel hf. Equity
Year Equity Growth
2002 22.724.000
2003 25.167.000 9.71%
2004 29.359.000 14.28%
2005 41.032.000 28.45%
2006 144.378.000 71.58%
2007 181.789.000 20.58%
2008 288.279.000 36.94%
2009 323.797.000 10.97%
2010 343.269.000 5.67%
2011 373.471.000 8.09%
2012 403.748.000 7.5%
2013 419.339.000 3.72%
2014 427.498.000 1.91%
2015 446.739.000 4.31%
2016 525.359.000 14.97%
2017 541.900.000 3.05%
2018 560.900.000 3.39%
2019 955.800.000 41.32%
2020 958.700.000 0.3%
2021 1.023.100.000 6.29%
2022 1.028.100.000 0.49%
2023 1.051.400.000 2.22%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Marel hf. Assets
Year Assets Growth
2002 82.602.000
2003 81.334.000 -1.56%
2004 90.551.000 10.18%
2005 114.890.000 21.18%
2006 364.793.000 68.51%
2007 427.304.000 14.63%
2008 920.259.000 53.57%
2009 882.882.000 -4.23%
2010 877.623.000 -0.6%
2011 877.818.000 0.02%
2012 865.128.000 -1.47%
2013 839.568.000 -3.04%
2014 851.440.000 1.39%
2015 938.155.000 9.24%
2016 1.392.428.000 32.62%
2017 1.440.600.000 3.34%
2018 1.565.900.000 8%
2019 1.861.200.000 15.87%
2020 1.814.900.000 -2.55%
2021 2.005.000.000 9.48%
2022 2.696.400.000 25.64%
2023 2.673.600.000 -0.85%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Marel hf. Liabilities
Year Liabilities Growth
2002 59.878.000
2003 56.167.000 -6.61%
2004 61.192.000 8.21%
2005 73.858.000 17.15%
2006 220.370.000 66.48%
2007 245.469.000 10.22%
2008 631.980.000 61.16%
2009 559.085.000 -13.04%
2010 534.354.000 -4.63%
2011 504.347.000 -5.95%
2012 461.380.000 -9.31%
2013 420.229.000 -9.79%
2014 423.942.000 0.88%
2015 491.416.000 13.73%
2016 866.855.000 43.31%
2017 898.400.000 3.51%
2018 1.005.000.000 10.61%
2019 905.400.000 -11%
2020 856.200.000 -5.75%
2021 981.900.000 12.8%
2022 1.668.300.000 41.14%
2023 1.622.200.000 -2.84%

Marel hf. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.34
Net Income per Share
0.05
Price to Earning Ratio
56x
Price To Sales Ratio
1.3x
POCF Ratio
28.88
PFCF Ratio
-136.04
Price to Book Ratio
2.17
EV to Sales
1.79
EV Over EBITDA
16.14
EV to Operating CashFlow
39.92
EV to FreeCashFlow
-187.94
Earnings Yield
0.02
FreeCashFlow Yield
-0.01
Market Cap
2,29 Bil.
Enterprise Value
3,16 Bil.
Graham Number
1.3
Graham NetNet
-1.82

Income Statement Metrics

Net Income per Share
0.05
Income Quality
0.75
ROE
0.04
Return On Assets
0.01
Return On Capital Employed
0.05
Net Income per EBT
0.86
EBT Per Ebit
0.38
Ebit per Revenue
0.06
Effective Tax Rate
0.14

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0.06
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.35
Operating Profit Margin
0.06
Pretax Profit Margin
0.02
Net Profit Margin
0.02

Dividends

Dividend Yield
0.01
Dividend Yield %
0.51
Payout Ratio
0.29
Dividend Per Share
0.02

Operating Metrics

Operating Cashflow per Share
0.1
Free CashFlow per Share
-0.02
Capex to Operating CashFlow
-1.21
Capex to Revenue
-0.05
Capex to Depreciation
-1.02
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
0
Days Payables Outstanding
92.08
Days of Inventory on Hand
118.75
Receivables Turnover
0
Payables Turnover
3.96
Inventory Turnover
3.07
Capex per Share
-0.13

Balance Sheet

Cash per Share
0,08
Book Value per Share
1,39
Tangible Book Value per Share
-0.5
Shareholders Equity per Share
1.39
Interest Debt per Share
1.31
Debt to Equity
0.89
Debt to Assets
0.35
Net Debt to EBITDA
4.46
Current Ratio
1.11
Tangible Asset Value
-0,38 Bil.
Net Current Asset Value
-0,81 Bil.
Invested Capital
0.89
Working Capital
0,08 Bil.
Intangibles to Total Assets
0.53
Average Receivables
0,00 Bil.
Average Payables
0,30 Bil.
Average Inventory
383550000
Debt to Market Cap
0.41

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Marel hf. Dividends
Year Dividends Growth
2012 0
2013 0 0%
2016 2 100%
2017 2 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Marel hf. Profile

About Marel hf.

Marel hf. develops, manufactures, sells, and distributes processing equipment, systems, software, and services for poultry, meat, and fish industries. The company's Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks. Its Meat Processing segment provides processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for farmed and wild salmon and whitefish processing. It sells in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company was founded in 1977 and is based in Garðabær, Iceland.

CEO
Mr. Arni Sigurdsson
Employee
7.500
Address
Austurhraun 9
Garðabær,

Marel hf. Executives & BODs

Marel hf. Executives & BODs
# Name Age
1 Mr. Bjarki Bjornsson
Corporate Director of Treasury & Financing
70
2 Mr. Sebastiaan Antonius Theodorus Boelen
Chief Financial Officer
70
3 Ms. Tinna Jónsdóttir Molphy
Director of Investor Relations
70
4 Mr. Kristján Þorsteinsson
Director of Finance & Secretary
70
5 Mr. Arni Sigurdsson
Chief Executive Officer & Member of Executive Board
70
6 Mr. David Freyr Oddsson
Chief Human Resource Officer & Member of Executive Board
70
7 Arie Tulp
Sales & Marketing Director
70

Marel hf. Competitors