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Martinrea International Inc. engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for the automotive sector in North America, Europe, and internationally. The company offers lightweight structure products, including complex assemblies, body structures, exterior trims, trailer hitches, and chassis. It also provides graphene and nylon-coated brake lines, fluid and thermal products, powertrain solutions, and e-mobility solutions. In addition, the company offers flexible manufacturing products, comprising assembly modules, complex metal fabrications, and exterior trim solutions. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Martinrea International Inc. is a Canada-based automotive supplier that designs and manufactures metal parts and assemblies for global original equipment manufacturers across multiple regions. Long-term growth drivers include lightweighting, higher parts content in electric vehicles and program wins from geographic diversification, and investors may view its engineering capabilities and scale as supportive of steady demand.
Key risks are auto-industry cyclicality and high OEM customer concentration, together with sensitivity to commodity prices, foreign-exchange swings and program execution; investors should monitor leverage and margin volatility.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 121.93M | 52.60M | 197.16M | 174.04M | 47.26M |
| Net income | 106.98M | -34.55M | 153.66M | 132.84M | 35.88M |
| Selling general administrative | 320.42M | 321.58M | 323.44M | 277.70M | 229.90M |
| Gross profit | 623.65M | 648.56M | 675.40M | 559.26M | 345.62M |
| Reconciled depreciation | 313.12M | 346.55M | 320.44M | 285.64M | 248.22M |
| Ebit | 269.63M | 128.62M | 277.48M | 217.78M | 62.92M |
| Ebitda | 582.74M | 475.17M | 597.92M | 511.20M | 314.48M |
| Depreciation and amortization | 313.12M | 346.55M | 320.44M | 293.42M | 251.56M |
| Operating income | 269.63M | 124.61M | 269.11M | 217.78M | 62.92M |
| Other operating expenses | 4552.22M | 4889.52M | 5070.89M | 4527.34M | 3714.61M |
| Interest expense | 64.24M | 76.01M | 80.32M | 51.84M | 32.92M |
| Tax provision | 14.94M | 87.15M | 43.49M | 41.21M | 11.38M |
| Interest income | - | 73.03M | 1.50M | 44.12M | 16.49M |
| Net interest income | -64.50M | -74.99M | -78.82M | -51.45M | -32.09M |
| Income tax expense | 14.94M | 87.15M | 43.49M | 41.21M | 11.38M |
| Total revenue | 4821.85M | 5014.13M | 5340.00M | 4757.59M | 3783.95M |
| Total operating expenses | 354.03M | 523.95M | 406.28M | 329.01M | 276.28M |
| Cost of revenue | 4198.20M | 4365.57M | 4664.61M | 4198.32M | 3438.33M |
| Total other income expense net | -147.70M | -72.00M | -71.96M | -43.73M | -15.66M |
| Net income from continuing ops | 106.98M | -34.55M | 153.66M | 132.84M | 35.88M |
| Net income applicable to common shares | - | -34.55M | 153.66M | 132.84M | 35.88M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 3737.78M | 3820.79M | 3989.73M | 4143.12M | 3613.24M |
| Intangible assets | 36.65M | 37.53M | 42.74M | 45.92M | 47.81M |
| Other current assets | 40.71M | - | 33.90M | 38.35M | 28.64M |
| Total liab | 2225.29M | 2353.77M | 2524.55M | 2766.21M | 2443.47M |
| Total stockholder equity | 1512.49M | 1467.02M | 1465.18M | 1376.90M | 1169.78M |
| Deferred long term liab | - | - | - | 45.92M | 47.81M |
| Other current liab | 29.98M | - | 29.89M | 47.12M | 18.23M |
| Common stock | 594.76M | - | 645.26M | 663.65M | 663.41M |
| Capital stock | 594.76M | 601.19M | 645.26M | 663.65M | 663.41M |
| Retained earnings | 702.34M | 608.96M | 678.27M | 543.64M | 410.31M |
| Other liab | - | - | - | 60.22M | 64.12M |
| Other assets | - | - | - | 178.91M | 186.42M |
| Cash | 174.14M | 167.95M | 186.80M | 161.66M | 153.29M |
| Cash and equivalents | - | - | - | 161.66M | 153.29M |
| Total current liabilities | 1113.57M | 1121.59M | 1292.77M | 1422.37M | 1188.07M |
| Current deferred revenue | - | - | 25.02M | - | - |
| Net debt | 945.82M | 813.46M | 1041.41M | 1181.83M | 1097.48M |
| Short term debt | 72.66M | - | 61.28M | 59.86M | 59.49M |
| Short long term debt | 13.42M | 10.45M | 12.78M | 16.20M | 20.17M |
| Short long term debt total | 1119.96M | - | 1228.21M | 1343.49M | 1250.77M |
| Other stockholder equity | 46.76M | - | 45.90M | 45.56M | 44.84M |
| Property plant equipment | - | - | - | 2202.84M | 1950.85M |
| Total current assets | 1322.87M | 1336.07M | 1495.89M | 1659.59M | 1420.76M |
| Long term investments | 71.97M | 65.38M | 60.17M | 55.86M | 55.22M |
| Net tangible assets | - | - | - | 1376.90M | 1169.78M |
| Short term investments | - | - | - | 2.11M | 4.74M |
| Net receivables | 633.79M | 571.07M | 706.91M | 794.27M | 648.05M |
| Long term debt | 855.38M | 970.97M | 956.46M | 1054.17M | 990.82M |
| Inventory | 474.22M | 508.23M | 568.27M | 665.32M | 590.78M |
| Accounts payable | 1010.93M | 1024.72M | 1176.58M | 1315.38M | 1110.35M |
| Accumulated other comprehensive income | 168.63M | - | 95.75M | 124.06M | 51.21M |
| Non currrent assets other | 18.54M | - | 16.30M | 12.23M | - |
| Non current assets total | 2414.91M | 2484.72M | 2493.84M | 2483.53M | 2192.48M |
| Capital lease obligations | 251.16M | 243.41M | 258.98M | 273.12M | 239.78M |
| Long term debt total | - | - | - | 1283.62M | 1191.27M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -9.56M | -285.50M | -303.75M | -381.27M | -8.04M |
| Change to liabilities | - | - | - | 172.10M | 100.23M |
| Total cashflows from investing activities | -257.35M | -285.50M | -303.75M | -381.27M | -305.86M |
| Net borrowings | -142.91M | -91.24M | -135.96M | -25.82M | 145.25M |
| Total cash from financing activities | -165.48M | -167.43M | -180.72M | -41.72M | 129.93M |
| Change to operating activities | - | - | - | -11.17M | -3.28M |
| Net income | 106.98M | -34.55M | 153.66M | 132.84M | 35.88M |
| Change in cash | 6.19M | -18.85M | 25.15M | 8.36M | 0.51M |
| Begin period cash flow | 167.95M | 186.80M | 161.66M | 153.29M | 152.79M |
| End period cash flow | 174.14M | 167.95M | 186.80M | 161.66M | 153.29M |
| Total cash from operating activities | 430.49M | 433.29M | 511.09M | 437.78M | 180.03M |
| Depreciation | 313.12M | 346.55M | 320.44M | 285.64M | 248.22M |
| Other cashflows from investing activities | - | -1.84M | 2.38M | -4.83M | -15.62M |
| Dividends paid | 14.56M | -15.19M | -15.96M | 16.07M | 16.07M |
| Change to inventory | 21.29M | 90.59M | 89.04M | -45.01M | -109.53M |
| Change to account receivables | 14.48M | 130.34M | 89.90M | -116.07M | -57.15M |
| Sale purchase of stock | -8.01M | -61.28M | -29.07M | 0.17M | 0.75M |
| Other cashflows from financing activities | -56.89M | 0.27M | 0.26M | 37.66M | 198.04M |
| Change to netincome | - | - | - | 19.45M | -34.34M |
| Capital expenditures | 237.71M | 282.75M | 303.52M | 383.81M | 298.76M |
| Change in working capital | 21.15M | -23.72M | 81.66M | -0.14M | -69.73M |
| Stock based compensation | 13.62M | 4.60M | 14.50M | 7.84M | 0.05M |
| Other non cash items | 14.63M | 53.25M | -102.67M | -29.60M | -45.77M |
| Free cash flow | 192.77M | 150.54M | 207.57M | 53.96M | -118.73M |
Sector: Consumer Cyclical Industry: Auto Parts
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MRE Martinrea International Inc. |
0.28 2.94% |
9.82 | 6.52 | 4.47 | 0.14 | 0.46 | 0.34 | 3.28 |
| AZO AutoZone CDR (CAD Hedged) |
0.63 3.27% |
19.88 | 24.78 | 23.75 | 3.08 | - | 3.65 | 17.03 |
| MG Magna International Inc |
3.33 3.77% |
91.55 | 21.03 | 9.02 | 0.56 | 1.36 | 0.53 | 6.32 |
| LNR Linamar Corporation |
2.05 2.27% |
92.18 | 8.65 | 7.48 | 0.49 | 0.82 | 0.61 | 4.09 |
| XTC Exco Technologies Limited |
0.14 1.76% |
8.10 | 11.51 | 8.61 | 0.46 | 0.70 | 0.58 | 5.14 |
Martinrea International Inc. engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for the automotive sector in North America, Europe, and internationally. The company offers lightweight structure products, including complex assemblies, body structures, exterior trims, trailer hitches, and chassis. It also provides graphene and nylon-coated brake lines, fluid and thermal products, powertrain solutions, and e-mobility solutions. In addition, the company offers flexible manufacturing products, comprising assembly modules, complex metal fabrications, and exterior trim solutions. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Robert P. Wildeboer | Exec. Chairman | 1960 |
| Mr. Frank Patrick D'Eramo | Pres, CEO & Director | 1963 |
| Mr. Fred Di Tosto | Chief Financial Officer | NA |
| Mr. Armando Pagliari | Exec. VP of HR | NA |
| Mr. Robert Fairchild | Exec. VP of Bus. Devel. & Automotive Strategy | NA |
| Mr. Ganesh Koduvayur-Venkatasubramanian-K. Iyer | Chief Technology Officer | NA |
| Mr. Neil Forster MBA | Director of Investor Relations & Corp. Devel. | NA |
| Kerri Pope | Gen. Counsel & Corp. Sec. | NA |
| Ms. Deanna S. Lorincz | Global Director of Communications & Marketing | NA |
| Mr. Bruce Johnson | Exec. VP of Martinrea Innovation Devel.s Inc. | NA |
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