Added to YB: 2025-04-24
Pitch date: 2025-03-07
MRE.TO [bullish]
Martinrea International Inc.
+41.71%
current return
Author Info
No bio for this author
Company Info
Martinrea International Inc. engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for automotive sector in North America, Europe, and internationally.
Market Cap
CAD 471.7M
Pitch Price
CAD 7.49
Price Target
16.00 (+51%)
Dividend
3.09%
EV/EBITDA
2.55
P/E
-14.09
EV/Sales
0.30
Sector
Automobile Components
Category
value
Martinrea International Inc. - $MRE.TO
MRE.TO: Canadian auto parts maker (76% NA revenue) trading at 0.4x BV (trough levels), 1.47x leverage with no repayments until 2027. Well-positioned for potential tariff resolution with strong NA footprint vs peers. Healthy $825M liquidity, RE valued at $400M vs $200M book. DCF FV ~$16/sh. Catalysts: trade dispute resolution & buybacks (7% of shares in 2024).
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