MASTERCRAFT BOAT HOLDINGS IN (MCFT) Stock Fundamental Analysis
NASDAQ:MCFT - Nasdaq - US57637H1032 - Common Stock - Currency: USD
Overall MCFT gets a fundamental rating of 4 out of 10. We evaluated MCFT against 30 industry peers in the Leisure Products industry. MCFT has an excellent financial health rating, but there are some minor concerns on its profitability. MCFT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MCFT had positive earnings in the past year.
MCFT had a positive operating cash flow in the past year.
MCFT had positive earnings in 4 of the past 5 years.
Each year in the past 5 years MCFT had a positive operating cash flow.
1.2 Ratios
MCFT has a Return On Assets of -2.55%. This is comparable to the rest of the industry: MCFT outperforms 50.00% of its industry peers.
The Return On Equity of MCFT (-3.67%) is comparable to the rest of the industry.
MCFT has a Return On Invested Capital (1.55%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for MCFT is significantly above the industry average of 8.00%.
The last Return On Invested Capital (1.55%) for MCFT is well below the 3 year average (30.44%), which needs to be investigated, but indicates that MCFT had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.55% | ||
| ROE | -3.67% | ||
| ROIC | 1.55% |
ROA(3y)13.84%
ROA(5y)10.06%
ROE(3y)26.89%
ROE(5y)16.74%
ROIC(3y)30.44%
ROIC(5y)27.79%
1.3 Margins
In the last couple of years the Profit Margin of MCFT has declined.
With a Operating Margin value of 1.35%, MCFT perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
MCFT's Operating Margin has declined in the last couple of years.
MCFT has a Gross Margin of 17.16%. This is amonst the worse of the industry: MCFT underperforms 83.33% of its industry peers.
In the last couple of years the Gross Margin of MCFT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.35% | ||
| PM (TTM) | N/A | ||
| GM | 17.16% |
OM growth 3Y-32.32%
OM growth 5Y-17.63%
PM growth 3Y-43.91%
PM growth 5Y-14.25%
GM growth 3Y-11.99%
GM growth 5Y-5.47%
2. Health
2.1 Basic Checks
MCFT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, MCFT has less shares outstanding
MCFT has less shares outstanding than it did 5 years ago.
MCFT has a worse debt/assets ratio than last year.
2.2 Solvency
MCFT has an Altman-Z score of 4.25. This indicates that MCFT is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.25, MCFT is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
MCFT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.25 |
ROIC/WACC0.18
WACC8.52%
2.3 Liquidity
MCFT has a Current Ratio of 1.81. This is a normal value and indicates that MCFT is financially healthy and should not expect problems in meeting its short term obligations.
MCFT's Current ratio of 1.81 is on the low side compared to the rest of the industry. MCFT is outperformed by 66.67% of its industry peers.
MCFT has a Quick Ratio of 1.23. This is a normal value and indicates that MCFT is financially healthy and should not expect problems in meeting its short term obligations.
MCFT has a worse Quick ratio (1.23) than 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
MCFT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -81.40%.
Measured over the past years, MCFT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.07% on average per year.
Looking at the last year, MCFT shows a very negative growth in Revenue. The Revenue has decreased by -41.66% in the last year.
The Revenue has been decreasing by -4.70% on average over the past years.
EPS 1Y (TTM)-81.4%
EPS 3Y-29.37%
EPS 5Y-16.07%
EPS Q2Q%-18.92%
Revenue 1Y (TTM)-41.66%
Revenue growth 3Y-7.69%
Revenue growth 5Y-4.7%
Sales Q2Q%-20.63%
3.2 Future
Based on estimates for the next years, MCFT will show a small growth in Earnings Per Share. The EPS will grow by 4.26% on average per year.
MCFT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.04% yearly.
EPS Next Y-38.39%
EPS Next 2Y4.81%
EPS Next 3Y4.26%
EPS Next 5YN/A
Revenue Next Year-24.1%
Revenue Next 2Y-6.16%
Revenue Next 3Y-3.04%
Revenue Next 5YN/A
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 37.48, the valuation of MCFT can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of MCFT is on the same level as its industry peers.
MCFT's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.35.
Based on the Price/Forward Earnings ratio of 14.00, the valuation of MCFT can be described as correct.
70.00% of the companies in the same industry are more expensive than MCFT, based on the Price/Forward Earnings ratio.
MCFT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.48 | ||
| Fwd PE | 14 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MCFT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.26 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.81%
EPS Next 3Y4.26%
5. Dividend
5.1 Amount
MCFT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
17.99
+0.06 (+0.33%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners95.07%
Inst Owner Change1.07%
Ins Owners1.8%
Ins Owner Change3.64%
Market Cap298.81M
Analysts73.33
Price Target18.77 (4.34%)
Short Float %5.89%
Short Ratio8.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3020.15%
Min EPS beat(2)69.69%
Max EPS beat(2)5970.61%
EPS beat(4)4
Avg EPS beat(4)1608.56%
Min EPS beat(4)69.69%
Max EPS beat(4)5970.61%
EPS beat(8)8
Avg EPS beat(8)823.77%
EPS beat(12)12
Avg EPS beat(12)554.97%
EPS beat(16)16
Avg EPS beat(16)419.55%
Revenue beat(2)1
Avg Revenue beat(2)0.82%
Min Revenue beat(2)-0.56%
Max Revenue beat(2)2.2%
Revenue beat(4)3
Avg Revenue beat(4)2.7%
Min Revenue beat(4)-0.56%
Max Revenue beat(4)4.73%
Revenue beat(8)7
Avg Revenue beat(8)2.49%
Revenue beat(12)10
Avg Revenue beat(12)2.19%
Revenue beat(16)10
Avg Revenue beat(16)-1.38%
PT rev (1m)-4.17%
PT rev (3m)-18.58%
EPS NQ rev (1m)-20.59%
EPS NQ rev (3m)-48.32%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.14%
Revenue NQ rev (1m)-0.32%
Revenue NQ rev (3m)-15.42%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-4.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.48 | ||
| Fwd PE | 14 | ||
| P/S | 1.1 | ||
| P/FCF | N/A | ||
| P/OCF | 56.1 | ||
| P/B | 1.64 | ||
| P/tB | 2.46 | ||
| EV/EBITDA | 14.26 |
EPS(TTM)0.48
EY2.67%
EPS(NY)1.29
Fwd EY7.14%
FCF(TTM)-0.3
FCFYN/A
OCF(TTM)0.32
OCFY1.78%
SpS16.37
BVpS10.96
TBVpS7.3
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.55% | ||
| ROE | -3.67% | ||
| ROCE | 1.9% | ||
| ROIC | 1.55% | ||
| ROICexc | 2.36% | ||
| ROICexgc | 4.53% | ||
| OM | 1.35% | ||
| PM (TTM) | N/A | ||
| GM | 17.16% | ||
| FCFM | N/A |
ROA(3y)13.84%
ROA(5y)10.06%
ROE(3y)26.89%
ROE(5y)16.74%
ROIC(3y)30.44%
ROIC(5y)27.79%
ROICexc(3y)35.88%
ROICexc(5y)32.97%
ROICexgc(3y)55.34%
ROICexgc(5y)62.02%
ROCE(3y)37.33%
ROCE(5y)34.08%
ROICexcg growth 3Y-41.98%
ROICexcg growth 5Y-41.71%
ROICexc growth 3Y-36.32%
ROICexc growth 5Y-19.49%
OM growth 3Y-32.32%
OM growth 5Y-17.63%
PM growth 3Y-43.91%
PM growth 5Y-14.25%
GM growth 3Y-11.99%
GM growth 5Y-5.47%
F-Score4
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 104.72% | ||
| Cap/Sales | 3.81% | ||
| Interest Coverage | 2.43 | ||
| Cash Conversion | 39.29% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 4.25 |
F-Score4
WACC8.52%
ROIC/WACC0.18
Cap/Depr(3y)182.78%
Cap/Depr(5y)184.82%
Cap/Sales(3y)3.83%
Cap/Sales(5y)4.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-81.4%
EPS 3Y-29.37%
EPS 5Y-16.07%
EPS Q2Q%-18.92%
EPS Next Y-38.39%
EPS Next 2Y4.81%
EPS Next 3Y4.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-41.66%
Revenue growth 3Y-7.69%
Revenue growth 5Y-4.7%
Sales Q2Q%-20.63%
Revenue Next Year-24.1%
Revenue Next 2Y-6.16%
Revenue Next 3Y-3.04%
Revenue Next 5YN/A
EBIT growth 1Y-92.66%
EBIT growth 3Y-37.52%
EBIT growth 5Y-21.5%
EBIT Next Year41.13%
EBIT Next 3Y38.97%
EBIT Next 5YN/A
FCF growth 1Y-104.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-96.28%
OCF growth 3Y-43.28%
OCF growth 5Y-25.89%