Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.

TSX:MRE - Post by User

Martinrea International Inc

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Post by Rational43on Apr 27, 2021 11:22am

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Post# 33074321

So cheap, good multiyear hold stock

Been in for a bit, haven't posted much on here, but what a deeply undervalued stock ready to hit a prime time for auto production worldwide once the chip shortage is addressed.

At book value, 6 x EPS, strong cashflow and some technological innovation, at some point it either catches up with Linamar and Magna or is purchased.

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