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Alternative stocks to Martinrea (TSX:MRE)


These are the alternatives to Martinrea that fall within the same industry, Auto Parts & Equipment, or region, Canada.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

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Martinrea stock research in summary

martinrea.com


Martinrea shares are less expensive than other comparable stocks. While they are good value, they are riskily financed, and show below average growth. We recommend evaluating whether the future of the company Martinrea is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


Latest Obermatt Ranks


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Country Canada
Industry Auto Parts & Equipment
Index
Size class Large

Large companies - similar industry as Martinrea

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Linamar (XL, CA)  Auto Parts & Equipment
1. Linamar (XL, CA)   Auto Parts & Equipment 84 49 98 100
2. Nexteer Automotive Group (XL, US)  Auto Parts & Equipment
2. Nexteer Automotive Group (XL, US)   Auto Parts & Equipment 90 97 100 100
3. Lear (XXL, US)  Auto Parts & Equipment
3. Lear (XXL, US)   Auto Parts & Equipment 88 61 79 98
4. BorgWarner (XXL, US)  Auto Parts & Equipment
4. BorgWarner (XXL, US)   Auto Parts & Equipment 76 33 77 87
5. Dana (XL, US)  Auto Parts & Equipment
5. Dana (XL, US)   Auto Parts & Equipment 86 67 32 81
6. LCI Industries (XL, US)  Auto Parts & Equipment
6. LCI Industries (XL, US)   Auto Parts & Equipment 48 83 30 61
7. Patrick (XL, US)  Auto Parts & Equipment
7. Patrick (XL, US)   Auto Parts & Equipment 59 85 4 54
8. Goodyear (XXL, US)  Tires & Rubber
8. Goodyear (XXL, US)   Tires & Rubber 76 41 27 52
9. Magna (XXL, CA)  Auto Parts & Equipment
9. Magna (XXL, CA)   Auto Parts & Equipment 94 1 39 37
10. AAM (XL, US)  Auto Parts & Equipment
10. AAM (XL, US)   Auto Parts & Equipment 46 55 27 32

May 16, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Martinrea

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Linamar (XL, CA)  Auto Parts & Equipment
1. Linamar (XL, CA)   Auto Parts & Equipment 84 49 98 100
2. Suncor (XXL, CA)  Oil & Gas Integrated
2. Suncor (XXL, CA)   Oil & Gas Integrated 75 87 78 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 80 85 73 98
4. Celestica (XL, CA)  Electr. Manufacturing Services
4. Celestica (XL, CA)   Electr. Manufacturing Services 83 79 82 98
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 59 75 65 96
6. ATCO (XL, CA)  Multi-Utilities
6. ATCO (XL, CA)   Multi-Utilities 99 17 87 91
7. Manulife Financial (XXL, CA)  Life & Health Insurance
7. Manulife Financial (XXL, CA)   Life & Health Insurance 70 47 100 91
8. Russel Metals (XL, CA)  Trading & Distribution
8. Russel Metals (XL, CA)   Trading & Distribution 96 15 93 90
9. Keyera (XL, CA)  Oil & Gas Transportation
9. Keyera (XL, CA)   Oil & Gas Transportation 66 52 94 89
10. Cenovus (XXL, CA)  Oil & Gas Integrated
10. Cenovus (XXL, CA)   Oil & Gas Integrated 79 45 89 88

May 16, 2024


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Mid sized companies - similar industry as Martinrea

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Cooper-Standard (L, US)  Auto Parts & Equipment
1. Cooper-Standard (L, US)   Auto Parts & Equipment 62 85 77 92
2. Standard Motor Products (L, US)  Auto Parts & Equipment
2. Standard Motor Products (L, US)   Auto Parts & Equipment 96 41 83 83
3. Visteon (L, US)  Auto Parts & Equipment
3. Visteon (L, US)   Auto Parts & Equipment 26 75 82 75
4. Motorcar Parts of America (M, US)  Auto Parts & Equipment
4. Motorcar Parts of America (M, US)   Auto Parts & Equipment 77 13 91 58
5. Stoneridge (M, US)  Auto Parts & Equipment
5. Stoneridge (M, US)   Auto Parts & Equipment 33 65 56 48
6. Strattec Security (M, US)  Auto Parts & Equipment
6. Strattec Security (M, US)   Auto Parts & Equipment 61 3 82 48
7. Fox Factory (L, US)  Auto Parts & Equipment
7. Fox Factory (L, US)   Auto Parts & Equipment 26 46 67 43
8. Gentex (L, US)  Auto Parts & Equipment
8. Gentex (L, US)   Auto Parts & Equipment 31 55 94 42
9. Modine (L, US)  Auto Parts & Equipment
9. Modine (L, US)   Auto Parts & Equipment 6 97 20 23
10. Gentherm (L, US)  Auto Parts & Equipment
10. Gentherm (L, US)   Auto Parts & Equipment 18 23 53 8

May 16, 2024


Mid sized companies - similar region as Martinrea

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Magellan Aerospace (M, CA)  Aerospace & Defense
1. Magellan Aerospace (M, CA)   Aerospace & Defense 100 52 100 100
2. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
2. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 98 50 93 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 94 73 81 100
4. Paramount (L, CA)  Oil & Gas Production
4. Paramount (L, CA)   Oil & Gas Production 56 95 91 100
5. Onex (L, CA)  Asset Management & Custody
5. Onex (L, CA)   Asset Management & Custody 56 100 82 100
6. Centerra (L, CA)  Gold Production
6. Centerra (L, CA)   Gold Production 92 43 92 98
7. Leon's Furniture (L, CA)  Homefurnishing Retail
7. Leon's Furniture (L, CA)   Homefurnishing Retail 84 50 83 98
8. Peyto (M, CA)  Oil & Gas Production
8. Peyto (M, CA)   Oil & Gas Production 92 91 55 98
9. Jamieson Wellness (M, CA)  Personal Products
9. Jamieson Wellness (M, CA)   Personal Products 91 65 56 95
10. Enghouse Systems (M, CA)  Application Software
10. Enghouse Systems (M, CA)   Application Software 91 26 100 94

May 16, 2024



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