Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Mare Engineering Group S.p.A. is a prominent player in the engineering and construction industry, providing comprehensive solutions in civil engineering, project management, and construction services. The company is primarily focused on delivering high-quality infrastructure projects that encompass both traditional and modern engineering methodologies. Known for its expertise in diverse fields such as transportation infrastructure, renewable energy projects, and urban development, Mare Engineering Group S.p.A. serves a wide array of sectors including public works, commercial developments, and residential construction. With a commitment to sustainability and innovation, the company significantly impacts the efficient and effective realization of large-scale projects, positioning itself as a leader in its field. Through strategic partnerships and a skilled workforce, Mare Engineering Group S.p.A. plays a vital role in shaping the built environment, contributing to economic growth and societal advancement in the markets it operates.
The business is unprofitable at the operating level (-7.09% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 45.1%, still solid. Margins contracted 12.6pp, which offsets some of the top-line progress.
Free cash flow declined 7274% versus the prior year, cash generation momentum has weakened. ROIC dropped from 2.24% to -3.13%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€59M
▲ +45.1% YoY
Net Income (TTM)
-€8M
▼ -2708.1% YoY
Op. Margin
-7.09%
▼ -12.6pp YoY
ROIC
-3.13%
▼ -5.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€16M
▼ -7274.3% YoY
Op. Cash Flow (TTM)
-€6M
▼ -155.5% YoY
Net Debt
€54M
Cash & Equiv.
€56M
3Y CAGR: +32.7%
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