Marten Historical Financial Ratios
| MRTN Stock | USD 17.28 0.03 0.17% |
Marten Transport is lately reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 45.89 will help investors to properly organize and evaluate Marten Transport financial condition quickly.
Marten |
About Marten Financial Ratios Analysis
Marten TransportFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Marten Transport investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Marten financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Marten Transport history.
Marten Transport Financial Ratios Chart
Add Fundamental
Dividend Yield
Dividend Yield is Marten Transport dividend as a percentage of Marten Transport stock price. Marten Transport dividend yield is a measure of Marten Transport stock productivity, which can be interpreted as interest rate earned on an Marten Transport investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Payout Ratio
Payout Ratio is the proportion of Marten Transport earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Marten Transport dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Marten Transport is paying out more in dividends than it makes in net income.Most ratios from Marten Transport's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Marten Transport current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marten Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.At this time, Marten Transport's ROIC is very stable compared to the past year. As of the 28th of November 2024, Net Income Per Share is likely to grow to 0.91, while PTB Ratio is likely to drop 1.35.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0385 | 0.0121 | 0.0114 | Price To Sales Ratio | 1.46 | 1.28 | 1.51 |
Marten Transport fundamentals Correlations
Click cells to compare fundamentals
Marten Transport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marten Transport fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.12 | 1.39 | 1.63 | 1.46 | 1.28 | 1.51 | |
| Dividend Yield | 0.0358 | 0.0368 | 0.0385 | 0.0121 | 0.0114 | 0.0123 | |
| Ptb Ratio | 1.97 | 2.29 | 2.18 | 2.3 | 2.25 | 1.35 | |
| Days Sales Outstanding | 40.01 | 37.22 | 37.96 | 35.65 | 38.05 | 45.89 | |
| Book Value Per Share | 7.29 | 7.52 | 7.86 | 8.62 | 9.32 | 9.79 | |
| Free Cash Flow Yield | (0.0308) | 0.0116 | (0.0198) | 0.0265 | (0.0447) | (0.0469) | |
| Operating Cash Flow Per Share | 1.87 | 2.3 | 2.07 | 2.69 | 2.02 | 2.12 | |
| Stock Based Compensation To Revenue | 0.002155 | 0.002117 | 0.002586 | 0.002226 | 0.00205 | 0.001517 | |
| Capex To Depreciation | 1.99 | 1.68 | 1.94 | 1.59 | 2.06 | 1.28 | |
| Pb Ratio | 1.97 | 2.29 | 2.18 | 2.3 | 2.25 | 1.35 | |
| Ev To Sales | 1.36 | 1.55 | 1.4 | 1.22 | 1.46 | 1.53 | |
| Free Cash Flow Per Share | (0.44) | 0.2 | (0.34) | 0.52 | (0.94) | (0.89) | |
| Roic | (0.0474) | (0.0367) | (0.0275) | 0.006059 | 0.0892 | 0.13 | |
| Inventory Turnover | 205.16 | 208.66 | 180.68 | 188.94 | 133.02 | 71.81 | |
| Net Income Per Share | 0.75 | 0.84 | 1.03 | 1.35 | 0.87 | 0.91 | |
| Days Of Inventory On Hand | 1.99 | 1.78 | 1.75 | 2.02 | 1.93 | 2.88 | |
| Payables Turnover | 30.38 | 27.38 | 39.23 | 27.49 | 22.9 | 21.15 | |
| Sales General And Administrative To Revenue | 0.0544 | 0.0634 | 0.0517 | 0.0472 | 0.0585 | 0.0556 | |
| Cash Per Share | 0.19 | 0.69 | 0.38 | 0.8 | 0.99 | 0.65 | |
| Pocfratio | 7.67 | 7.5 | 8.31 | 7.36 | 10.37 | 10.89 | |
| Capex To Operating Cash Flow | 1.28 | 1.12 | 1.24 | 0.91 | 1.16 | 0.8 | |
| Pfcf Ratio | (32.42) | 85.94 | (50.63) | 37.7 | (22.38) | (21.26) | |
| Days Payables Outstanding | 12.01 | 13.33 | 9.3 | 13.28 | 15.94 | 18.21 | |
| Income Quality | 2.51 | 2.73 | 2.0 | 1.99 | 2.34 | 3.89 | |
| Roe | 0.0955 | 0.1 | 0.11 | 0.13 | 0.0929 | 0.0799 | |
| Ev To Operating Cash Flow | 7.46 | 7.15 | 7.98 | 7.0 | 10.05 | 10.55 | |
| Pe Ratio | 19.23 | 20.46 | 16.65 | 14.64 | 24.23 | 13.36 | |
| Return On Tangible Assets | 0.0767 | 0.0836 | 0.0981 | 0.11 | 0.0711 | 0.0421 | |
| Ev To Free Cash Flow | (31.57) | 81.97 | (48.61) | 35.83 | (21.69) | (20.6) | |
| Earnings Yield | 0.052 | 0.0489 | 0.0601 | 0.0683 | 0.0413 | 0.0726 | |
| Net Debt To E B I T D A | (0.19) | (0.35) | (0.29) | (0.33) | (0.26) | (0.25) | |
| Tangible Book Value Per Share | 7.29 | 7.52 | 7.86 | 8.62 | 9.32 | 9.79 | |
| Receivables Turnover | 9.12 | 9.81 | 9.62 | 10.24 | 9.59 | 7.07 | |
| Graham Number | 11.06 | 11.93 | 13.51 | 16.18 | 13.47 | 14.15 | |
| Shareholders Equity Per Share | 7.29 | 7.52 | 7.86 | 8.62 | 9.32 | 9.79 |
Pair Trading with Marten Transport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marten Transport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marten Transport will appreciate offsetting losses from the drop in the long position's value.Moving against Marten Stock
| 0.39 | ULCC | Frontier Group Holdings | PairCorr |
| 0.36 | B | Barnes Group | PairCorr |
| 0.33 | CPA | Copa Holdings SA | PairCorr |
| 0.32 | JBLU | JetBlue Airways Corp | PairCorr |
The ability to find closely correlated positions to Marten Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marten Transport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marten Transport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marten Transport to buy it.
The correlation of Marten Transport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marten Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marten Transport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marten Transport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marten Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Cargo Ground Transportation 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 Marten Transport. If investors know Marten 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 Marten Transport 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 (0.72) | Dividend Share 0.24 | Earnings Share 0.41 | Revenue Per Share 12.308 | Quarterly Revenue Growth (0.15) |
The market value of Marten Transport is measured differently than its book value, which is the value of Marten that is recorded on the company's balance sheet. Investors also form their own opinion of Marten Transport's value that differs from its market value or its book value, called intrinsic value, which is Marten Transport'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 Marten Transport's market value can be influenced by many factors that don't directly affect Marten Transport'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 Marten Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marten Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marten Transport'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.