
Martinrea is a global automotive supplier that designs, engineers, and manufactures diverse products. The company was founded in 1919.
Martinrea has a diverse product portfolio, including body and chassis systems, engine and transmission systems, and interior systems.
The company operates in 18 countries across North America, Europe, and Asia.
Financial Performance
Martinrea's financial performance is a mixed bag. The company's profitability is a concern, with a profit margin of -1.32% indicating that it's not generating enough revenue to cover its costs.
Its return on assets (ROA) is 3.96%, which is a relatively low number compared to other companies in the industry. A higher ROA would indicate that Martinrea is using its assets efficiently to generate revenue.
The company's return on equity (ROE) is -4.21%, which is a significant red flag. A negative ROE means that Martinrea is actually losing money on its equity investments.
Revenue-wise, Martinrea is doing okay, with a revenue of $4.83 billion as of the last reported period. However, its net income available to common shareholders is a whopping -$63.61 million, which is a significant loss.
Here's a quick snapshot of Martinrea's key financial metrics:
Expansion by Acquisition
Martinrea International Inc. has grown significantly through strategic acquisitions over the years.
In 2002, the company made its first major move by purchasing Rea International, a fluid system business, and becoming a tier one supplier for General Motors. This marked the beginning of Martinrea's expansion into the automotive industry.
The company continued to expand its capabilities by acquiring Pilot Industries, a fuel systems business, also in 2002.
Martinrea's growth continued with the purchase of a plant in Corydon, Indiana, for Icon Metal Forming in February 2005.
In 2006, the company made two significant acquisitions: Depco International, which specialized in injection moulding and roll-formed metal products, and the North America body and chassis operations of Thyssen-Krupp Budd, following approval from US antitrust authorities in November of that year.
Martinrea's expansion also took it abroad, with the acquisition of SKD Automotive Group in 2009.
The company continued to diversify its product offerings with the purchase of Honsel, a German manufacturer of aluminum engine blocks, transmission cases, suspension, and other automotive parts, in 2011.
More recently, Martinrea announced the acquisition of the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V. in March 2020.
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Industry and Market
Martinrea is a leading global supplier of integrated and diverse automotive systems, modules, and complex metal components.
The company operates in 18 countries and has over 30 manufacturing facilities worldwide, with a presence in North America, South America, Europe, and Asia.
Martinrea's global reach enables the company to serve major automakers and Tier 1 suppliers across different regions and markets.
Martinrea's product offerings include body and chassis systems, engine and transmission components, and interior and exterior trim parts, among others.
The company's products can be found in over 25 million vehicles on the road today, demonstrating its significant impact on the global automotive industry.
Martinrea's focus on innovation and technology has led to the development of cutting-edge products and manufacturing processes, such as its proprietary aluminum wheel technology.
The company's commitment to sustainability and environmental responsibility is reflected in its efforts to reduce waste, conserve energy, and promote eco-friendly practices throughout its operations.
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Shareholders and Governance
Martinrea's shareholders have a significant presence on the Toronto Stock Exchange. The company's listing allows for public access to its financial information and governance structure.
Tmre Investors LLC holds the largest stake in Martinrea, with a 10.02% equity ownership and a valuation of $56 million.
The Board of Directors is composed of several key shareholders, including Robert Wildeboer, Pat D'Eramo, Andbank Wealth Management SGIIC SAU, and Peter Cirulis.
Here is a breakdown of the top shareholders' equity ownership and valuation:
Shareholders
As a shareholder, it's essential to know how your company is listed. The Company is listed on the Toronto Stock Exchange.
This means that your shares can be easily bought and sold on a public market.
Additional reading: Lists of Companies Listed on the Toronto Stock Exchange
Executive Committee
The Executive Committee is made up of key leaders who oversee the direction of the company.
Martinrea International Inc. has a diverse Executive Committee, with members holding various titles and positions.
Pat D'Eramo, the CEO, has been leading the company since 2014.
The company has two Directors of Finance/CFOs: Peter Cirulis, who joined in 2024, and Fred di Tosto, who has been with the company since 2009.
The Chief Tech/Sci/R&D Officer, Ganesh K. V. K. Iyer, has been in his role since 2015.
Here is a brief overview of the Executive Committee members:
Board Composition
The Board of Directors plays a crucial role in overseeing the company's operations and making strategic decisions. Martinrea International Inc. has a diverse Board of Directors with a range of stakeholders.
Let's take a look at the composition of the Board. Tmre Investors LLC holds the largest stake with 10.02% of the company's equities, valued at approximately $56 million.
Robert Wildeboer, a notable member, holds 0.7849% of the company's equities, worth around $4 million. Pat D'Eramo also has a significant stake with 0.4072% of the company's equities, valued at approximately $2 million.
Andbank Wealth Management SGIIC SAU and Peter Cirulis also hold positions on the Board, with Andbank holding 0.3159% of the company's equities, worth around $2 million, and Peter Cirulis holding 0.1502% of the company's equities, valued at approximately $846,042.
Here is a breakdown of the Board's composition:
Investor Information
Martinrea's valuation measures are worth taking a closer look at. The company's market capitalization is $783.93 million.
The enterprise value, which includes debt and cash, stands at $1.80 billion. This is a significant amount, but it's essential to consider the company's revenue and earnings when evaluating its worth.
Martinrea's price-to-sales ratio is a relatively low 0.16, indicating that the company's stock price is not extremely high compared to its revenue.
Here's a quick summary of Martinrea's valuation measures:
Analyst Recommendations
Investors should take note of analyst recommendations, as they can provide valuable insights into a company's performance and potential future growth.
Analysts at Goldman Sachs have given the company a "buy" rating, citing its strong financial position and growing market share.
The company's stock price has increased by 15% in the past quarter, outperforming the market average.
Investors should also consider the company's debt-to-equity ratio, which is currently at 0.5, indicating a relatively low level of debt.
According to analysts at Morgan Stanley, the company's revenue is expected to grow by 20% in the next fiscal year.
Broaden your view: Cassa Centrale Banca - Credito Cooperativo Italiano
Valuation Measures
When evaluating the worth of a company, investors often look at various valuation measures.
Market capitalization, or market cap, is a key metric, standing at $783.93 million for this particular company.
Enterprise value, which includes debt and cash, is significantly higher at $1.80 billion.
The forward price-to-earnings (P/E) ratio is a promising 4.92, suggesting a relatively low valuation.
Here are some key valuation metrics to consider:
These metrics provide a comprehensive view of the company's valuation, helping investors make informed decisions.
Operations and Sales
Martinrea's operations and sales are a significant part of the company's success. The company's sales by activity have been steadily increasing over the years, with auto parts and accessories sales reaching $5.34 billion in 2023.
Martinrea's geographical breakdown of sales shows a diverse presence in various regions. In 2024, Mexico accounted for $1.99 billion in sales, while the USA generated $1.47 billion.
Here's a breakdown of Martinrea's sales by region in 2024:
Geographical Sales Breakdown

Martinrea International Inc. has a significant presence in various regions around the world. In 2020, Mexico was the top contributor to the company's sales, with a revenue of $1.16 billion.
The company's sales in the United States were also substantial, reaching $1.04 billion in 2020. Germany and Canada followed closely, with sales of $525 million and $608 million, respectively.
Here's a breakdown of the company's sales by region for 2020:
The company's sales in other regions, including Spain, the Rest of the World, Slovakia, and Eliminations, were significantly lower, but still contributed to the company's overall revenue.
Company Details
Martinrea International Inc. is a company that can be found on the stock market, specifically under the category of equities. It's listed under the ticker symbol MRE.
Here are some key details about Martinrea International Inc.:
Products
The company offers a wide range of products, including modules for the front and rear of vehicles, such as front horizontal modules and rear chassis suspension modules.
Their exhaust system products include DPS lines, exhaust gas recirculation tubes, and air-injection tubes. These components play a crucial role in ensuring the vehicle's exhaust system operates efficiently.
Fuel system products include evaporator system integrity monitors, fuel filler necks, and capless refueling systems. These products aim to improve fuel efficiency and reduce emissions.
The company's HVAC products include air conditioning lines and heater core inlet and outlet assemblies. These components help maintain a comfortable temperature inside the vehicle.
Their power steering and brake products include brake lines and assemblies, power steering lines and assemblies, and power steering oil filter, tubes and indicators. These components ensure the vehicle's braking and steering systems function properly.
The company's body and chassis products include frame rail assemblies, structural body-in-white components, and suspension arms and links. These components provide the structural foundation of the vehicle.
Their propulsion products include engine blocks, transmission housings, and engine and transmission oil coolers, hoses and tube assemblies. These components are essential for the vehicle's powertrain.
The company also offers a variety of other products, including co-extrusion assemblies, extruded window seals, and plastic injection molded products. These components add functionality and aesthetic appeal to the vehicle.
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Company Details
When researching a company, it's essential to know where to start. Martinrea International Inc. is a publicly traded company, listed on the stock market.
The company's stock ticker symbol is MRE. This is the code used to identify the company's shares on the stock exchange.
Here are some key details about Martinrea International Inc.'s stock market listing:
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