Martin Midstream Partners L.P. Fundamental Analysis
Martin Midstream Partners L.P. (MMLP) shows moderate financial fundamentals with a PE ratio of -4.74, profit margin of -2.84%, and ROE of 23.95%. The company generates $0.7B in annual revenue with weak year-over-year growth of 1.20%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 102.1/100 based on profitability, valuation, growth, and balance sheet metrics. The A grade reflects excellent fundamentals and strong overall stability.
Fundamental Health Score
We analyze MMLP's fundamental strength across five key dimensions:
Efficiency Score
WeakMMLP struggles to generate sufficient returns from assets.
Valuation Score
ExcellentMMLP trades at attractive valuation levels.
Growth Score
WeakMMLP faces weak or negative growth trends.
Financial Health Score
ExcellentMMLP maintains a strong and stable balance sheet.
Profitability Score
ModerateMMLP maintains healthy but balanced margins.
Key Financial Metrics
Is MMLP Expensive or Cheap?
P/E Ratio
MMLP trades at -4.74 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, MMLP's PEG of 0.06 indicates potential undervaluation.
Price to Book
The market values Martin Midstream Partners L.P. at -1.01 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -4.71 times EBITDA. This is generally considered low.
How Well Does MMLP Make Money?
Net Profit Margin
For every $100 in sales, Martin Midstream Partners L.P. keeps $-2.84 as profit after all expenses.
Operating Margin
Core operations generate 5.80 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $23.95 in profit for every $100 of shareholder equity.
ROA
Martin Midstream Partners L.P. generates $-3.76 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Martin Midstream Partners L.P. generates limited operating cash flow of $38.45M, signaling weaker underlying cash strength.
Free Cash Flow
Martin Midstream Partners L.P. generates weak or negative free cash flow of $15.51M, restricting financial flexibility.
FCF Per Share
Each share generates $0.40 in free cash annually.
FCF Yield
MMLP converts 16.35% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-4.74
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.06
vs 25 benchmark
P/B Ratio
Price to book value ratio
-1.01
vs 25 benchmark
P/S Ratio
Price to sales ratio
0.13
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
-5.62
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.26
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.24
vs 25 benchmark
ROA
Return on assets percentage
-0.04
vs 25 benchmark
ROCE
Return on capital employed
0.10
vs 25 benchmark
How MMLP Stacks Against Its Sector Peers
| Metric | MMLP Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -4.74 | 22.48 | Better (Cheaper) |
| ROE | 23.95% | 1115.00% | Weak |
| Net Margin | -2.84% | 1194.00% | Weak |
| Debt/Equity | -5.62 | 2.83 | Strong (Low Leverage) |
| Current Ratio | 1.26 | 3.01 | Neutral |
| ROA | -3.76% | 469.00% | Weak |
MMLP outperforms its industry in 2 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Martin Midstream Partners L.P.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
5.90%
Industry Style: Cyclical, Value, Commodity
GrowingEPS CAGR
-112.13%
Industry Style: Cyclical, Value, Commodity
DecliningFCF CAGR
-29.23%
Industry Style: Cyclical, Value, Commodity
Declining