MLM
Martin Marietta Materials Inc
Price:  
589.95 
USD
Volume:  
644,285.00
United States | Construction Materials
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MLM Fair Value

-33.52 %
Upside

As of 2024-03-02, the Fair Value of Martin Marietta Materials Inc (MLM) is 392.20 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 589.95 USD, the upside of Martin Marietta Materials Inc is -33.52%.

589.95 USD
Stock Price
392.20 USD
Fair Price
FAIR VALUE CALCULATION

MLM Fair Value

Peter Lynch's formula is:

MLM Fair Value
= Earnings Growth Rate x TTM EPS
MLM Fair Value
= 20.74 x 18.91
MLM Fair Value
= 392.20

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 611.90 721.00 702.50 866.80 1,168.90 814.22
YoY growth 30.19% 17.83% -2.57% 23.39% 34.85% 20.74%

MLM Fair Value - Key Data

Market Cap (mil) 36,464.81
P/E 31.20x
Forward P/E 24.74x
EPS 18.91
Avg earnings growth rate 20.74%
TTM earnings 1,168.90