Martinrea International Inc. (MRE) - Net Assets
Based on the latest financial reports, Martinrea International Inc. (MRE) has net assets worth CA$1.54 Billion CAD (≈ $1.11 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.93 Billion ≈ $2.84 Billion USD) and total liabilities (CA$2.39 Billion ≈ $1.73 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Martinrea International Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.54 Billion |
| % of Total Assets | 39.12% |
| Annual Growth Rate | 22.24% |
| 5-Year Change | 24.78% |
| 10-Year Change | 88.99% |
| Growth Volatility | 160.87 |
Martinrea International Inc. - Net Assets Trend (1996–2024)
This chart illustrates how Martinrea International Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Martinrea International Inc. (MRE) total assets for the complete picture of this company's asset base.
Annual Net Assets for Martinrea International Inc. (1996–2024)
The table below shows the annual net assets of Martinrea International Inc. from 1996 to 2024. For live valuation and market cap data, see Martinrea International Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.47 Billion ≈ $1.06 Billion |
+0.13% |
| 2023-12-31 | CA$1.47 Billion ≈ $1.06 Billion |
+6.41% |
| 2022-12-31 | CA$1.38 Billion ≈ $996.03 Million |
+17.71% |
| 2021-12-31 | CA$1.17 Billion ≈ $846.20 Million |
-0.51% |
| 2020-12-31 | CA$1.18 Billion ≈ $850.50 Million |
-3.50% |
| 2019-12-31 | CA$1.22 Billion ≈ $881.39 Million |
+5.81% |
| 2018-12-31 | CA$1.15 Billion ≈ $833.01 Million |
+20.14% |
| 2017-12-31 | CA$958.50 Million ≈ $693.36 Million |
+15.53% |
| 2016-12-31 | CA$829.68 Million ≈ $600.17 Million |
+6.89% |
| 2015-12-31 | CA$776.23 Million ≈ $561.51 Million |
+34.82% |
| 2014-12-31 | CA$575.75 Million ≈ $416.49 Million |
+3.92% |
| 2013-12-31 | CA$554.01 Million ≈ $400.76 Million |
+3.06% |
| 2012-12-31 | CA$537.56 Million ≈ $388.86 Million |
-0.86% |
| 2011-12-31 | CA$542.20 Million ≈ $392.22 Million |
+4.24% |
| 2010-12-31 | CA$520.13 Million ≈ $376.25 Million |
+3.16% |
| 2009-12-31 | CA$504.20 Million ≈ $364.73 Million |
-2.72% |
| 2008-12-31 | CA$518.30 Million ≈ $374.93 Million |
-28.30% |
| 2007-12-31 | CA$722.83 Million ≈ $522.88 Million |
+26.47% |
| 2006-12-31 | CA$571.56 Million ≈ $413.46 Million |
+22.80% |
| 2005-12-31 | CA$465.44 Million ≈ $336.69 Million |
+3.47% |
| 2004-12-31 | CA$449.81 Million ≈ $325.38 Million |
+1.52% |
| 2003-12-31 | CA$443.07 Million ≈ $320.51 Million |
+2.19% |
| 2002-12-31 | CA$433.57 Million ≈ $313.64 Million |
+830.77% |
| 2001-12-31 | CA$46.58 Million ≈ $33.70 Million |
+11.11% |
| 2000-12-31 | CA$41.93 Million ≈ $30.33 Million |
-27.09% |
| 1999-12-31 | CA$57.50 Million ≈ $41.59 Million |
+51.72% |
| 1998-12-31 | CA$37.90 Million ≈ $27.42 Million |
+79.62% |
| 1997-12-31 | CA$21.10 Million ≈ $15.26 Million |
+298.11% |
| 1996-12-31 | CA$5.30 Million ≈ $3.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Martinrea International Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 23321.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$608.96 Million | 41.51% |
| Common Stock | CA$601.19 Million | 40.98% |
| Other Comprehensive Income | CA$210.82 Million | 14.37% |
| Other Components | CA$46.05 Million | 3.14% |
| Total Equity | CA$1.47 Billion | 100.00% |
Martinrea International Inc. Competitors by Market Cap
The table below lists competitors of Martinrea International Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Veradigm Inc.
NASDAQ:MDRX
|
$528.16 Million |
|
Yanpai Filtration Technology Co.Ltd.
SHE:301081
|
$528.28 Million |
|
Anhui Ronds Science & Technology Inc Co
SHG:688768
|
$528.41 Million |
|
Yaari Digital Integrated Services Limited
NSE:YAARI
|
$528.49 Million |
|
SECHE ENVIRO.UNSP.ADR 1/5
F:SCB0
|
$528.04 Million |
|
Monro Muffler Brake Inc
NASDAQ:MNRO
|
$527.75 Million |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
$527.52 Million |
|
Shanghai Zhenhua Heavy Industries Co Ltd B
SHG:900947
|
$527.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Martinrea International Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,465,181,000 to 1,467,022,000, a change of 1,841,000 (0.1%).
- Net loss of 34,546,000 reduced equity.
- Dividend payments of 15,188,000 reduced retained earnings.
- Share repurchases of 61,279,000 reduced equity.
- Other comprehensive income increased equity by 115,068,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-34.55 Million | -2.35% |
| Dividends Paid | CA$15.19 Million | -1.04% |
| Share Repurchases | CA$61.28 Million | -4.18% |
| Other Comprehensive Income | CA$115.07 Million | +7.84% |
| Other Changes | CA$-2.21 Million | -0.15% |
| Total Change | CA$- | 0.13% |
Book Value vs Market Value Analysis
This analysis compares Martinrea International Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.52x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 12.90x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$0.78 | CA$10.03 | x |
| 1997-12-31 | CA$2.75 | CA$10.03 | x |
| 1998-12-31 | CA$3.38 | CA$10.03 | x |
| 1999-12-31 | CA$5.05 | CA$10.03 | x |
| 2000-12-31 | CA$3.96 | CA$10.03 | x |
| 2001-12-31 | CA$3.74 | CA$10.03 | x |
| 2002-12-31 | CA$10.74 | CA$10.03 | x |
| 2003-12-31 | CA$7.76 | CA$10.03 | x |
| 2004-12-31 | CA$7.78 | CA$10.03 | x |
| 2005-12-31 | CA$8.05 | CA$10.03 | x |
| 2006-12-31 | CA$9.24 | CA$10.03 | x |
| 2007-12-31 | CA$10.74 | CA$10.03 | x |
| 2008-12-31 | CA$7.13 | CA$10.03 | x |
| 2009-12-31 | CA$6.41 | CA$10.03 | x |
| 2010-12-31 | CA$6.15 | CA$10.03 | x |
| 2011-12-31 | CA$5.58 | CA$10.03 | x |
| 2012-12-31 | CA$5.64 | CA$10.03 | x |
| 2013-12-31 | CA$5.46 | CA$10.03 | x |
| 2014-12-31 | CA$6.74 | CA$10.03 | x |
| 2015-12-31 | CA$8.99 | CA$10.03 | x |
| 2016-12-31 | CA$9.59 | CA$10.03 | x |
| 2017-12-31 | CA$11.05 | CA$10.03 | x |
| 2018-12-31 | CA$13.24 | CA$10.03 | x |
| 2019-12-31 | CA$14.74 | CA$10.03 | x |
| 2020-12-31 | CA$14.67 | CA$10.03 | x |
| 2021-12-31 | CA$14.55 | CA$10.03 | x |
| 2022-12-31 | CA$17.13 | CA$10.03 | x |
| 2023-12-31 | CA$18.39 | CA$10.03 | x |
| 2024-12-31 | CA$19.43 | CA$10.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Martinrea International Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.69%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 2.60x
- Recent ROE (-2.35%) is below the historical average (4.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 28.30% | 15.46% | 0.84x | 2.17x | CA$970.00K |
| 1997 | 15.64% | 17.01% | 0.52x | 1.77x | CA$1.19 Million |
| 1998 | 14.78% | 12.33% | 0.79x | 1.51x | CA$1.81 Million |
| 1999 | 34.43% | 32.84% | 0.59x | 1.77x | CA$14.05 Million |
| 2000 | -35.67% | -33.41% | 0.52x | 2.05x | CA$-19.15 Million |
| 2001 | -19.77% | -34.70% | 0.29x | 1.94x | CA$-13.87 Million |
| 2002 | 0.00% | 0.00% | 0.36x | 1.41x | CA$-43.30 Million |
| 2003 | 3.48% | 2.53% | 0.92x | 1.50x | CA$-28.86 Million |
| 2004 | 2.44% | 1.88% | 0.91x | 1.42x | CA$-33.95 Million |
| 2005 | 4.35% | 3.01% | 0.99x | 1.46x | CA$-26.27 Million |
| 2006 | 6.71% | 4.39% | 0.61x | 2.51x | CA$-18.75 Million |
| 2007 | 8.38% | 3.02% | 1.52x | 1.83x | CA$-11.68 Million |
| 2008 | -50.49% | -16.77% | 1.47x | 2.04x | CA$-312.80 Million |
| 2009 | -4.96% | -2.19% | 1.05x | 2.15x | CA$-75.23 Million |
| 2010 | 6.35% | 1.95% | 1.81x | 1.79x | CA$-18.93 Million |
| 2011 | 11.61% | 2.49% | 1.55x | 3.02x | CA$7.57 Million |
| 2012 | 8.23% | 1.34% | 1.74x | 3.54x | CA$-8.35 Million |
| 2013 | 3.65% | 0.53% | 1.67x | 4.15x | CA$-29.48 Million |
| 2014 | 12.38% | 1.98% | 1.70x | 3.67x | CA$13.70 Million |
| 2015 | 13.79% | 2.77% | 1.57x | 3.17x | CA$29.40 Million |
| 2016 | 11.13% | 2.33% | 1.61x | 2.97x | CA$9.36 Million |
| 2017 | 16.65% | 4.32% | 1.45x | 2.65x | CA$63.69 Million |
| 2018 | 16.14% | 5.07% | 1.26x | 2.53x | CA$70.73 Million |
| 2019 | 14.87% | 4.69% | 1.25x | 2.54x | CA$59.38 Million |
| 2020 | -2.32% | -0.81% | 1.00x | 2.86x | CA$-144.89 Million |
| 2021 | 3.07% | 0.95% | 1.05x | 3.09x | CA$-81.10 Million |
| 2022 | 9.65% | 2.79% | 1.15x | 3.01x | CA$-4.85 Million |
| 2023 | 10.49% | 2.88% | 1.34x | 2.72x | CA$7.15 Million |
| 2024 | -2.35% | -0.69% | 1.31x | 2.60x | CA$-181.25 Million |
Industry Comparison
This section compares Martinrea International Inc.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,796,424,551
- Average return on equity (ROE) among peers: -18.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Martinrea International Inc. (MRE) | CA$1.54 Billion | 28.30% | 1.56x | $528.12 Million |
| Linamar Corporation (LNR) | $120.50 Million | 8.71% | 0.74x | $3.85 Billion |
| Magna International Inc (MG) | $8.67 Billion | 21.70% | 1.09x | $16.86 Billion |
| Spectra Inc. (SSA) | $1.83 Million | 15.56% | 0.19x | $1.58 Million |
| Westport Fuel Systems Inc (WPRT) | $67.60 Million | -145.55% | 2.10x | $34.79 Million |
| Exco Technologies Limited (XTC) | $119.20 Million | 8.45% | 0.25x | $214.48 Million |
About Martinrea International Inc.
Martinrea International Inc. engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for automotive sector in North America, Europe, and internationally. The company offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; ex… Read more