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v0.1
MARATHON.NS$432.70-3.76%
Fair $432.70+0.0%

MARATHON.NS

Marathon Nextgen Realty Limited

Real Estate / Real Estate - DevelopmentNSE

$432.70

-16.90 (-3.76%)

Fairly Valued+0.0%Fair Value $432.70Fund rank 26/100 · Data gapFallback financials|
SA 41/C
F-Score: 2/9
Declining RevenueMargin Compression

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 62.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

41/100

C

Piotroski

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Revenue has declined for 2 consecutive years Operating margin has declined for 3 consecutive years
Thesis & Journal · MARATHON.NSLocal privado en este navegador · Marathon Nextgen Realty Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$29.2B

P/E

14.2x

↑

EV/EBITDA

11.0x

↓

ROE

8.9%

↑

Gross Margin

36.7%

↓

Debt/Equity

0.04

↓
52-Week Range$433
$368$769

TradingView lightweight chart

MARATHON.NS price, volumen y niveles de valoración

Último $432.70Periodo +271.5%
Fair value: $432.70

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2023–2026 · 3 años de histórico normalizado

Revenue CAGR

-10.8%

FCF CAGR

—

FCF margin

-11.6%

FCF / Net income

-0.28x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.96B · net income $2.03B · FCF $-575.3M

2023-FY → 2026-FY

Gross margin

36.7%-2.1% pts

Operating margin

24.1%-10.7% pts

Net margin

40.9%+23.6% pts

FCF margin

-11.6%-56.6% pts
MetricTTM
2026
2025
2024
2023
Income Statement
Revenue$4.96B$4.96B$5.80B$7.05B$6.98B
Net Income$2.03B$2.03B$1.87B$1.66B$1.21B
EBITDA$2.61B$2.61B$2.70B$2.74B$2.77B
EPS30.5930.5937.1932.5025.21
Gross Margin36.7%36.7%38.5%39.9%38.8%
Operating Margin24.1%24.1%29.4%32.6%34.8%
Net Margin40.9%40.9%32.2%23.6%17.3%
Balance Sheet
Debt/Equity0.040.040.470.761.11
Current Ratio4.874.87———
Cash Flow
Free Cash Flow$-575.3M$-575.3M$-286.5M$206.4M$3.14B
Returns
ROE8.9%8.9%15.7%16.6%15.4%
Valuation
P/E14.1514.1513.0315.1111.15
EV/EBITDA11.0511.0511.0011.927.88
P/B1.261.262.052.501.72
Growth & Yield
Revenue Growth-14.5%-14.5%-17.7%0.9%—
EPS Growth-17.7%-17.7%14.4%28.9%—
Dividend Yield0.2%0.2%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

7.9%

razonable

EPS terminal req.

$38.39

Spread vs growth

-25.6%

5Y implied EPS CAGR

8.7%

razonable

EPS terminal req.

$46.46

Spread vs growth

-26.5%

10Y implied EPS CAGR

9.4%

razonable

EPS terminal req.

$74.82

Spread vs growth

-27.1%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -10.9%

Total return

-10.9%

Start / end P/E

13.1x → 14.1x

EPS bridge

37.19 → 30.59

Residual

-1.4%

EPS growth-17.7%
Multiple rerating+8.0%
Dividend+0.2%
Residual / FX / buybacks / cross-term-1.4%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.