Section 1: Company Overview

Martinrea International Inc (TSX: MRE) is a Canadian producer of steel and aluminium parts and fluid management systems. Its products are used primarily in the automotive sector by most vehicle manufacturers. The Company manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions.

1.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section 2:  Financial Highlights

 2.1 Key Financial Highlights

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology

3.2 Price Performance and Stock Recommendation

3.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of March 03, 2023). Source: REFINITIV, Analysis: Kalkine Group

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, and currency as of March 03, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.