MLM Martin Marietta Materials
too hard · 53
Owner-earnings value$151.01
Price$503.92
Margin of safety
-70.0%
Quality gate · 53/100
⚠ sub-hurdle returns (median roic 9% < 9%)
Median ROIC8.7%
Gross margin28.2%
Net debt / EBITDA2.7x
FCF conversion57%
Share count / yr-1.0%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 810.00M |
| Owner-earnings yield | 2.3% |
| Free-cash-flow yield | 2.3% |
| Growth used (normalized) | 0.0% |
| Market-implied growth (reverse DCF) | 25.0% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.9% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 810.00M | 0.0% | 737.24M |
| 2 | 812.70M | 0.3% | 673.26M |
| 3 | 818.12M | 0.7% | 616.87M |
| 4 | 826.30M | 1.0% | 567.08M |
| 5 | 837.32M | 1.3% | 523.03M |
| 6 | 851.27M | 1.7% | 483.98M |
| 7 | 868.30M | 2.0% | 449.32M |
| 8 | 888.56M | 2.3% | 418.50M |
| 9 | 912.25M | 2.7% | 391.07M |
| 10 | 939.62M | 3.0% | 366.62M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~25%/yr owner-earnings growth over 10y (reverse DCF); model credits 0%.