MALIBU BOATS INC - A (MBUU) Stock Fundamental Analysis
NASDAQ:MBUU - Nasdaq - US56117J1007 - Common Stock - Currency: USD
Taking everything into account, MBUU scores 4 out of 10 in our fundamental rating. MBUU was compared to 30 industry peers in the Leisure Products industry. MBUU scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. MBUU is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MBUU had positive earnings in the past year.
In the past year MBUU had a positive cash flow from operations.
Of the past 5 years MBUU 4 years were profitable.
MBUU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MBUU has a Return On Assets of -1.19%. This is comparable to the rest of the industry: MBUU outperforms 60.00% of its industry peers.
MBUU's Return On Equity of -1.76% is fine compared to the rest of the industry. MBUU outperforms 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.19% | ||
| ROE | -1.76% | ||
| ROIC | N/A |
ROA(3y)7.41%
ROA(5y)9.99%
ROE(3y)12.65%
ROE(5y)18.31%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MBUU's Operating Margin has declined in the last couple of years.
MBUU has a worse Gross Margin (16.31%) than 86.67% of its industry peers.
MBUU's Gross Margin has declined in the last couple of years.
MBUU does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 16.31% |
OM growth 3Y-32.53%
OM growth 5Y-19.11%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.42%
GM growth 5Y-6.11%
2. Health
2.1 Basic Checks
MBUU does not have a ROIC to compare to the WACC, probably because it is not profitable.
MBUU has less shares outstanding than it did 1 year ago.
The number of shares outstanding for MBUU has been reduced compared to 5 years ago.
MBUU has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 3.48 indicates that MBUU is not in any danger for bankruptcy at the moment.
The Altman-Z score of MBUU (3.48) is better than 70.00% of its industry peers.
The Debt to FCF ratio of MBUU is 1.47, which is an excellent value as it means it would take MBUU, only 1.47 years of fcf income to pay off all of its debts.
MBUU has a Debt to FCF ratio of 1.47. This is in the better half of the industry: MBUU outperforms 76.67% of its industry peers.
MBUU has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.05, MBUU is in line with its industry, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.47 | ||
| Altman-Z | 3.48 |
ROIC/WACCN/A
WACC9.05%
2.3 Liquidity
A Current Ratio of 1.60 indicates that MBUU should not have too much problems paying its short term obligations.
The Current ratio of MBUU (1.60) is worse than 76.67% of its industry peers.
A Quick Ratio of 0.61 indicates that MBUU may have some problems paying its short term obligations.
The Quick ratio of MBUU (0.61) is worse than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The earnings per share for MBUU have decreased strongly by -86.44% in the last year.
The earnings per share for MBUU have been decreasing by -12.40% on average. This is quite bad
The Revenue for MBUU has decreased by -27.18% in the past year. This is quite bad
The Revenue has been growing slightly by 3.92% on average over the past years.
EPS 1Y (TTM)-86.44%
EPS 3Y-31.4%
EPS 5Y-12.4%
EPS Q2Q%14.29%
Revenue 1Y (TTM)-27.18%
Revenue growth 3Y-3.64%
Revenue growth 5Y3.92%
Sales Q2Q%12.41%
3.2 Future
The Earnings Per Share is expected to grow by 37.94% on average over the next years. This is a very strong growth
Based on estimates for the next years, MBUU will show a small growth in Revenue. The Revenue will grow by 4.55% on average per year.
EPS Next Y-10.68%
EPS Next 2Y23.6%
EPS Next 3Y42.64%
EPS Next 5Y37.94%
Revenue Next Year-3.8%
Revenue Next 2Y2.31%
Revenue Next 3Y3.23%
Revenue Next 5Y4.55%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 43.17, which means the current valuation is very expensive for MBUU.
The rest of the industry has a similar Price/Earnings ratio as MBUU.
Compared to an average S&P500 Price/Earnings ratio of 26.31, MBUU is valued quite expensively.
With a Price/Forward Earnings ratio of 10.49, the valuation of MBUU can be described as very reasonable.
96.67% of the companies in the same industry are more expensive than MBUU, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MBUU to the average of the S&P500 Index (22.13), we can say MBUU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.17 | ||
| Fwd PE | 10.49 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MBUU.
MBUU's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.42 | ||
| EV/EBITDA | 16.07 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MBUU's earnings are expected to grow with 42.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y23.6%
EPS Next 3Y42.64%
5. Dividend
5.1 Amount
No dividends for MBUU!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
31.08
-1.23 (-3.81%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners114.57%
Inst Owner Change1.61%
Ins Owners4.02%
Ins Owner Change0.1%
Market Cap596.43M
Analysts74.67
Price Target37.59 (20.95%)
Short Float %8.03%
Short Ratio6.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.38%
Min EPS beat(2)3.05%
Max EPS beat(2)45.72%
EPS beat(4)3
Avg EPS beat(4)56.48%
Min EPS beat(4)-20.9%
Max EPS beat(4)198.04%
EPS beat(8)7
Avg EPS beat(8)41%
EPS beat(12)11
Avg EPS beat(12)29.35%
EPS beat(16)15
Avg EPS beat(16)25.6%
Revenue beat(2)1
Avg Revenue beat(2)0.86%
Min Revenue beat(2)-0.79%
Max Revenue beat(2)2.52%
Revenue beat(4)2
Avg Revenue beat(4)0.6%
Min Revenue beat(4)-1.23%
Max Revenue beat(4)2.52%
Revenue beat(8)4
Avg Revenue beat(8)0.93%
Revenue beat(12)8
Avg Revenue beat(12)2.28%
Revenue beat(16)11
Avg Revenue beat(16)2.81%
PT rev (1m)-4.88%
PT rev (3m)-14.29%
EPS NQ rev (1m)-19.83%
EPS NQ rev (3m)-38.43%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.15%
Revenue NQ rev (1m)-3.74%
Revenue NQ rev (3m)-7.95%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)-1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.17 | ||
| Fwd PE | 10.49 | ||
| P/S | 0.79 | ||
| P/FCF | 31.42 | ||
| P/OCF | 11.51 | ||
| P/B | 1.16 | ||
| P/tB | 2.04 | ||
| EV/EBITDA | 16.07 |
EPS(TTM)0.72
EY2.32%
EPS(NY)2.96
Fwd EY9.54%
FCF(TTM)0.99
FCFY3.18%
OCF(TTM)2.7
OCFY8.69%
SpS39.56
BVpS26.73
TBVpS15.2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.19% | ||
| ROE | -1.76% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 16.31% | ||
| FCFM | 2.5% |
ROA(3y)7.41%
ROA(5y)9.99%
ROE(3y)12.65%
ROE(5y)18.31%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)19.25%
ROCE(5y)20.67%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-32.53%
OM growth 5Y-19.11%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.42%
GM growth 5Y-6.11%
F-Score4
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.47 | ||
| Debt/EBITDA | 0.77 | ||
| Cap/Depr | 88.3% | ||
| Cap/Sales | 4.32% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 142.1% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.48 |
F-Score4
WACC9.05%
ROIC/WACCN/A
Cap/Depr(3y)209.97%
Cap/Depr(5y)197.93%
Cap/Sales(3y)5.88%
Cap/Sales(5y)5.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-86.44%
EPS 3Y-31.4%
EPS 5Y-12.4%
EPS Q2Q%14.29%
EPS Next Y-10.68%
EPS Next 2Y23.6%
EPS Next 3Y42.64%
EPS Next 5Y37.94%
Revenue 1Y (TTM)-27.18%
Revenue growth 3Y-3.64%
Revenue growth 5Y3.92%
Sales Q2Q%12.41%
Revenue Next Year-3.8%
Revenue Next 2Y2.31%
Revenue Next 3Y3.23%
Revenue Next 5Y4.55%
EBIT growth 1Y-102.08%
EBIT growth 3Y-34.98%
EBIT growth 5Y-15.94%
EBIT Next Year325.63%
EBIT Next 3Y93.22%
EBIT Next 5Y59.91%
FCF growth 1Y-80.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-66.32%
OCF growth 3Y-24.93%
OCF growth 5Y-7.38%