Peter Cirulis - Martinrea International Executive Vice President Aluminum

MRE Stock  CAD 9.94  0.03  0.30%   

Insider

Peter Cirulis is Executive Vice President Aluminum of Martinrea International
Address 3210 Langstaff Road, Vaughan, ON, Canada, L4K 5B2
Phone416 749 0314
Webhttps://www.martinrea.com

Martinrea International Management Efficiency

The company has return on total asset (ROA) of 0.0449 % which means that it generated a profit of $0.0449 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0943 %, meaning that it generated $0.0943 on every $100 dollars invested by stockholders. Martinrea International's management efficiency ratios could be used to measure how well Martinrea International manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Equity is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.03. At this time, Martinrea International's Total Assets are very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 2.6 B, while Non Currrent Assets Other are likely to drop about 15.5 M.
Martinrea International has accumulated 1.23 B in total debt with debt to equity ratio (D/E) of 0.97, which is about average as compared to similar companies. Martinrea International has a current ratio of 1.36, which is within standard range for the sector. Debt can assist Martinrea International until it has trouble settling it off, either with new capital or with free cash flow. So, Martinrea International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Martinrea International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Martinrea to invest in growth at high rates of return. When we think about Martinrea International's use of debt, we should always consider it together with cash and equity.

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Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. Martinrea International Inc. was founded in 1987 and is headquartered in Vaughan, Canada. MARTINREA INTERNATIONAL operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. It employs 17000 people. Martinrea International (MRE) is traded on Toronto Exchange in Canada and employs 19,000 people. Martinrea International is listed under Automotive Retail category by Fama And French industry classification.

Management Performance

Martinrea International Leadership Team

Elected by the shareholders, the Martinrea International's board of directors comprises two types of representatives: Martinrea International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Martinrea. The board's role is to monitor Martinrea International's management team and ensure that shareholders' interests are well served. Martinrea International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Martinrea International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sandra Pupatello, Independent Director
Kerri Pope, Director - Legal Services and Assistant Corporate Secretary
Robert Wildeboer, Executive Chairman, Member of Succession Planning and Search Committee and Chairman of Martinrea Honsel Group
Megan Hunter, Executive Vice President Procurement and Supply Chain Operations
Molly Shoichet, Independent Director
Mike Mike, Vice President Lean Manufacturing
Peter Cirulis, Executive Vice President Aluminum
Armando Pagliari, Executive Vice President - Human Resources
Frank DEramo, CEO Director
Bruce Johnson, Executive Vice President - Metallics
Robert Fairchild, Executive Vice President - Sales and Engineering
Terrence Lyons, Independent Director
Fred Olson, Lead Independent Director
Fred Tosto, Chief Financial Officer
Ganesh Iyer, Chief Information Officer and Vice President, Engineering
Roman Doroniuk, Independent Director
Deanna Lorincz, Global Marketing
Mike Leal, Vice President Lean Manufacturing
Larry Paine, Vice President Flexible Manufacturing Group
Alfredo Alonso, Executive Vice President - Fluids
David Schoch, Independent Director
Hany Morsy, Chief Internal Auditor
Pat DEramo, President, Chief Executive Officer, Director
Scott Balfour, Independent Director
Neil MBA, Director Development

Martinrea Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Martinrea International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Martinrea International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Martinrea International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Martinrea International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Martinrea Stock

  0.68ELF-PH E L FinancialPairCorr

Moving against Martinrea Stock

  0.83TPX-B Molson Coors CanadaPairCorr
  0.79FFH-PD Fairfax FinancialPairCorr
  0.78ELF E L FinancialPairCorr
  0.78FFH Fairfax FinancialPairCorr
  0.74FFH-PM Fairfax FinancialPairCorr
The ability to find closely correlated positions to Martinrea International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Martinrea International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Martinrea International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Martinrea International to buy it.
The correlation of Martinrea International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Martinrea International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Martinrea International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Martinrea International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Martinrea Stock

Martinrea International financial ratios help investors to determine whether Martinrea Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Martinrea with respect to the benefits of owning Martinrea International security.