Marten Roe vs Net Income Per Share Analysis

MRTN Stock

USD 17.28 0.03 0.17%

Marten Transport financial indicator trend analysis is infinitely more than just investigating Marten Transport recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marten Transport is a good investment. Please check the relationship between Marten Transport Roe and its Net Income Per Share accounts. 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.

Roe vs Net Income Per Share

Roe vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marten Transport Roe account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Marten Transport's Roe and Net Income Per Share is 0.47. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Marten Transport, assuming nothing else is changed. The correlation between historical values of Marten Transport's Roe and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Marten Transport are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roe i.e., Marten Transport's Roe and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Roe

Net Income Per Share

Most indicators from Marten Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Multiple is likely to grow to 8.66, while Selling General Administrative is likely to drop about 63.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	183.2M	238.5M	295.3M	149.4M
Total Revenue	973.6M	1.3B	1.1B	1.2B

Gross Profit Total Revenue

Marten Transport fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		-0.39	0.85	0.96	0.99	1.0	-0.68	0.98	0.76	1.0	-0.36	0.76	0.96	0.52	0.52	0.87	0.15	0.76	0.93	0.95	-0.14	0.58	0.63	0.93	0.93	-0.27
Short Long Term Debt Total	-0.39		-0.57	-0.5	-0.45	-0.36	0.75	-0.48	-0.61	-0.36	0.04	-0.61	-0.26	0.11	0.33	-0.21	-0.1	-0.02	-0.38	-0.46	0.71	0.04	-0.34	-0.49	-0.49	0.84
Other Current Liab	0.85	-0.57		0.94	0.87	0.82	-0.85	0.89	0.9	0.82	-0.3	0.9	0.79	0.17	0.17	0.65	-0.13	0.53	0.86	0.92	-0.31	0.14	0.73	0.93	0.93	-0.55
Total Current Liabilities	0.96	-0.5	0.94		0.96	0.93	-0.81	0.97	0.87	0.93	-0.32	0.87	0.91	0.34	0.35	0.81	0.03	0.67	0.95	0.97	-0.25	0.47	0.75	0.96	0.95	-0.41
Total Stockholder Equity	0.99	-0.45	0.87	0.96		0.99	-0.73	0.99	0.79	0.99	-0.32	0.79	0.94	0.45	0.43	0.85	0.16	0.7	0.93	0.95	-0.2	0.54	0.65	0.95	0.95	-0.32
Property Plant And Equipment Net	1.0	-0.36	0.82	0.93	0.99		-0.63	0.97	0.7	1.0	-0.36	0.7	0.96	0.53	0.55	0.87	0.14	0.77	0.92	0.92	-0.1	0.6	0.61	0.91	0.91	-0.24
Net Debt	-0.68	0.75	-0.85	-0.81	-0.73	-0.63		-0.75	-0.96	-0.63	0.24	-0.96	-0.58	-0.11	0.08	-0.47	-0.21	-0.35	-0.65	-0.83	0.56	-0.16	-0.53	-0.8	-0.82	0.58
Retained Earnings	0.98	-0.48	0.89	0.97	0.99	0.97	-0.75		0.81	0.97	-0.3	0.81	0.92	0.37	0.36	0.84	0.12	0.66	0.95	0.95	-0.21	0.51	0.71	0.97	0.95	-0.36
Cash	0.76	-0.61	0.9	0.87	0.79	0.7	-0.96	0.81		0.7	-0.34	1.0	0.67	0.15	0.04	0.55	0.21	0.44	0.73	0.89	-0.39	0.19	0.6	0.86	0.88	-0.47
Non Current Assets Total	1.0	-0.36	0.82	0.93	0.99	1.0	-0.63	0.97	0.7		-0.36	0.7	0.96	0.53	0.55	0.87	0.14	0.77	0.92	0.92	-0.1	0.6	0.61	0.91	0.91	-0.24
Non Currrent Assets Other	-0.36	0.04	-0.3	-0.32	-0.32	-0.36	0.24	-0.3	-0.34	-0.36		-0.34	-0.26	-0.31	-0.52	-0.42	-0.24	-0.59	-0.16	-0.33	-0.35	-0.15	0.11	-0.23	-0.32	-0.09
Cash And Short Term Investments	0.76	-0.61	0.9	0.87	0.79	0.7	-0.96	0.81	1.0	0.7	-0.34		0.67	0.15	0.04	0.55	0.21	0.44	0.73	0.89	-0.39	0.19	0.6	0.86	0.88	-0.47
Net Receivables	0.96	-0.26	0.79	0.91	0.94	0.96	-0.58	0.92	0.67	0.96	-0.26	0.67		0.6	0.59	0.86	0.11	0.79	0.91	0.93	-0.14	0.61	0.62	0.85	0.85	-0.22
Common Stock Shares Outstanding	0.52	0.11	0.17	0.34	0.45	0.53	-0.11	0.37	0.15	0.53	-0.31	0.15	0.6		0.85	0.43	0.36	0.8	0.28	0.44	0.1	0.6	-0.17	0.26	0.31	0.18
Non Current Liabilities Total	0.52	0.33	0.17	0.35	0.43	0.55	0.08	0.36	0.04	0.55	-0.52	0.04	0.59	0.85		0.51	0.14	0.89	0.35	0.39	0.42	0.59	-0.02	0.24	0.28	0.34
Other Current Assets	0.87	-0.21	0.65	0.81	0.85	0.87	-0.47	0.84	0.55	0.87	-0.42	0.55	0.86	0.43	0.51		0.15	0.66	0.79	0.79	-0.03	0.65	0.5	0.77	0.78	-0.05
Other Stockholder Equity	0.15	-0.1	-0.13	0.03	0.16	0.14	-0.21	0.12	0.21	0.14	-0.24	0.21	0.11	0.36	0.14	0.15		0.14	-0.05	0.17	-0.07	0.42	-0.27	0.02	0.07	0.17
Total Liab	0.76	-0.02	0.53	0.67	0.7	0.77	-0.35	0.66	0.44	0.77	-0.59	0.44	0.79	0.8	0.89	0.66	0.14		0.61	0.7	0.15	0.59	0.25	0.56	0.61	0.06
Property Plant And Equipment Gross	0.93	-0.38	0.86	0.95	0.93	0.92	-0.65	0.95	0.73	0.92	-0.16	0.73	0.91	0.28	0.35	0.79	-0.05	0.61		0.9	-0.15	0.53	0.87	0.91	0.87	-0.36
Total Current Assets	0.95	-0.46	0.92	0.97	0.95	0.92	-0.83	0.95	0.89	0.92	-0.33	0.89	0.93	0.44	0.39	0.79	0.17	0.7	0.9		-0.28	0.46	0.66	0.93	0.94	-0.37
Short Term Debt	-0.14	0.71	-0.31	-0.25	-0.2	-0.1	0.56	-0.21	-0.39	-0.1	-0.35	-0.39	-0.14	0.1	0.42	-0.03	-0.07	0.15	-0.15	-0.28		0.07	-0.16	-0.27	-0.27	0.47
Accounts Payable	0.58	0.04	0.14	0.47	0.54	0.6	-0.16	0.51	0.19	0.6	-0.15	0.19	0.61	0.6	0.59	0.65	0.42	0.59	0.53	0.46	0.07		0.29	0.37	0.36	0.21
Current Deferred Revenue	0.63	-0.34	0.73	0.75	0.65	0.61	-0.53	0.71	0.6	0.61	0.11	0.6	0.62	-0.17	-0.02	0.5	-0.27	0.25	0.87	0.66	-0.16	0.29		0.71	0.63	-0.44
Common Stock Total Equity	0.93	-0.49	0.93	0.96	0.95	0.91	-0.8	0.97	0.86	0.91	-0.23	0.86	0.85	0.26	0.24	0.77	0.02	0.56	0.91	0.93	-0.27	0.37	0.71		0.99	-0.36
Common Stock	0.93	-0.49	0.93	0.95	0.95	0.91	-0.82	0.95	0.88	0.91	-0.32	0.88	0.85	0.31	0.28	0.78	0.07	0.61	0.87	0.94	-0.27	0.36	0.63	0.99		-0.32
Other Assets	-0.27	0.84	-0.55	-0.41	-0.32	-0.24	0.58	-0.36	-0.47	-0.24	-0.09	-0.47	-0.22	0.18	0.34	-0.05	0.17	0.06	-0.36	-0.37	0.47	0.21	-0.44	-0.36	-0.32

Click cells to compare fundamentals

Marten Transport Account Relationship Matchups

Marten Transport fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	796.6M	831.6M	870.7M	965.7M	990.3M	1.0B
Other Current Liab	53.4M	64.1M	73.4M	87.0M	73.7M	77.4M
Total Current Liabilities	76.3M	89.8M	93.6M	124.3M	110.2M	115.8M
Total Stockholder Equity	597.6M	620.3M	651.7M	703.9M	757.4M	795.3M
Property Plant And Equipment Net	640.4M	654.2M	682.3M	728.2M	792.8M	832.4M
Net Debt	(30.8M)	(65.7M)	(56.7M)	(80.2M)	(53.0M)	(50.3M)
Retained Earnings	517.6M	534.4M	565.1M	655.9M	706.8M	742.1M
Cash	31.5M	66.1M	57.0M	80.6M	53.2M	55.9M
Non Current Assets Total	642.4M	656.0M	683.7M	729.8M	793.8M	833.4M
Non Currrent Assets Other	(120.0M)	(119.3M)	(123.7M)	(135.4M)	1.0M	1.1M
Cash And Short Term Investments	31.5M	66.1M	57.0M	80.6M	53.2M	55.9M
Net Receivables	101.8M	89.2M	101.2M	123.4M	118.0M	123.9M
Common Stock Shares Outstanding	82.7M	83.2M	83.4M	82.0M	81.4M	77.5M
Liabilities And Stockholders Equity	796.6M	831.6M	870.7M	965.7M	990.3M	1.0B
Non Current Liabilities Total	122.7M	121.5M	125.5M	137.5M	122.7M	94.9M
Other Current Assets	20.9M	17.0M	24.3M	26.4M	19.1M	28.6M
Other Stockholder Equity	79.5M	85.1M	85.7M	47.2M	49.8M	57.1M
Total Liab	199.0M	211.3M	219.0M	261.8M	233.0M	147.3M
Property Plant And Equipment Gross	640.4M	654.2M	682.3M	1.1B	1.2B	1.2B
Total Current Assets	154.2M	175.7M	186.9M	235.8M	196.6M	206.4M
Accounts Payable	22.9M	25.7M	20.2M	37.3M	36.5M	38.3M
Common Stock	547K	827K	830K	811K	813K	853.7K
Other Assets	848K	1.8M	1.5M	962K	865.8K	822.5K
Property Plant Equipment	376.6M	654.2M	682.3M	728.9M	838.2M	880.1M
Inventory	3.4M	3.4M	4.4M	5.4M	6.3M	6.6M
Net Tangible Assets	597.6M	620.3M	651.7M	703.9M	809.5M	542.3M
Retained Earnings Total Equity	498.6M	517.6M	534.4M	565.1M	649.9M	431.8M
Capital Surpluse	76.8M	79.5M	85.1M	85.7M	77.1M	64.7M
Accumulated Depreciation	211.7M	228.2M	263.8M	(276.0M)	(317.3M)	(301.5M)
Other Liab	122.0M	121.1M	125.2M	137.0M	157.6M	136.1M

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	Pair Corr
0.36	B	Barnes Group	Pair Corr
0.33	CPA	Copa Holdings SA	Pair Corr
0.32	JBLU	JetBlue Airways Corp	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Marten Transport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marten Transport's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marten Transport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marten Transport Stock:

How To Invest In Marten

Details

Is Marten Stock a good investment?

Details

What is Marten Transport's Net Worth?

Details

Largest Cargo Ground Transportation Companies

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Largest Transportation Companies

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Marten Roe vs Net Income Per Share Analysis

Roe vs Net Income Per Share

Roe vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Roe

Net Income Per Share

Marten Transport fundamental ratios Correlations

Marten Transport Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Marten Transport fundamental ratios Accounts

Pair Trading with Marten Transport

Moving against Marten Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Net Debt	- 0.85	Other Current Liab
Total Current Assets	- 0.83	Net Debt
Common Stock	- 0.82	Net Debt
Net Debt	- 0.81	Total Current Liabilities