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MLM Martin Marietta Materials

materials · valued with glm-5.2 medium conviction · deep-dived 2026-09-18

STRONG SELL
Intrinsic value$65.15
Price (at call)$494.44
Margin of safety -86.8%
vs market (rating basis) -54.7%

Model unavailable; showing baseline valuation.

⚠ LLM error: empty response; using baseline

The story

Value drivers

Revenue growth (Y1)-0.1%
Terminal growth3.5%
Forecast horizon10y
Target operating margin16.5%
Years to target margin5
Sales-to-capital0.50
Beta1.10
Failure probability0.0%
Cost of capital (WACC)9.4%
Terminal WACC9.0%

Valuation bridge

PV of explicit FCFF4.99B
PV of terminal value4.90B
Equity value4.63B
÷ shares → per share$65.15

News

neutral +0.10 · 8 articles

  • Armstrong World Industries Makes Ceiling Tiles. Its Stock Is Anything but Boring.
  • From Fashion to Concrete: J.P. Morgan Says Buy These 2 Stocks
  • How Is Martin Marietta Materials' Stock Performance Compared to Other Building Material Stocks?
  • 1 S&P 500 Stock on Our Buy List and 2 Facing Challenges
  • Uber initiated, Thermo Fisher upgraded: Wall Street's top analyst calls
  • Here Are Tuesday’s Top Wall Street Analyst Research Calls: Abercrombie & Fitch, Affirm Holdings, Eagle Materials, Klarna Group, Martin Marietta Materials, Oklo, Qualcomm, Robinhood Markets, Ulta Beauty, and More
  • Chip, Drug Makers to Drive Non-Residential Construction Rebound, UBS Says
  • Andvari Associates Strategic Investment in Martin Marietta Materials (MLM)

Projected free cash flow to the firm

YrRevenueGrowthMarginNOPATReinvestFCFFPV
1 6.68B -0.1% 20.0% 1.08B 0 1.08B 987.06M
2 6.71B 0.3% 19.1% 1.04B 44.91M 990.67M 827.24M
3 6.76B 0.7% 18.2% 994.59M 98.11M 896.48M 684.06M
4 6.83B 1.1% 17.3% 956.68M 152.27M 804.42M 560.90M
5 6.94B 1.5% 16.5% 921.38M 208.02M 713.36M 454.54M
6 7.07B 1.9% 16.5% 939.05M 266.05M 673.01M 391.86M
7 7.23B 2.3% 16.5% 960.78M 327.07M 633.71M 337.17M
8 7.43B 2.7% 16.5% 986.81M 391.84M 594.97M 289.27M
9 7.66B 3.1% 16.5% 1.02B 461.21M 556.23M 247.13M
10 7.93B 3.5% 16.5% 1.05B 536.11M 516.94M 209.87M

⚠ Extreme gap to market price — large, heavily-covered stocks are rarely mispriced this much; the gap likely embeds disruption, decline, or balance-sheet risk the model underweights. Treat as a flag to investigate, not a verdict.

History

DatePriceIntrinsicMoSRating
2026-09-18$494.44 $65.15 -86.8% STRONG SELL
2026-08-18$538.66 $82.41 -84.7% STRONG SELL
2026-07-14$569.35 $151.18 -73.4% SELL
2026-06-23$604.18 $157.29 -74.0% SELL