MASTERCRAFT BOAT HOLDINGS IN (MCFT) Stock Fundamental Analysis
NASDAQ:MCFT - Nasdaq - US57637H1032 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to MCFT. MCFT was compared to 30 industry peers in the Leisure Products industry. While MCFT has a great health rating, its profitability is only average at the moment. 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.
In the past year MCFT had a positive cash flow from operations.
Of the past 5 years MCFT 4 years were profitable.
In the past 5 years MCFT always reported a positive cash flow from operatings.
1.2 Ratios
MCFT has a Return On Assets (-2.55%) which is comparable to the rest of the industry.
With a Return On Equity value of -3.67%, MCFT perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
MCFT has a Return On Invested Capital (1.55%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for MCFT is significantly above the industry average of 8.16%.
The 3 year average ROIC (30.44%) for MCFT is well above the current ROIC(1.55%). The reason for the recent decline needs to be investigated.
| 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.
MCFT has a Operating Margin (1.35%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of MCFT has declined.
The Gross Margin of MCFT (17.16%) is worse than 83.33% of its industry peers.
MCFT's Gross Margin has declined in the last couple of years.
| 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.
MCFT has less shares outstanding than it did 1 year ago.
MCFT has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MCFT has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.28 indicates that MCFT is not in any danger for bankruptcy at the moment.
MCFT has a Altman-Z score of 4.28. This is in the better half of the industry: MCFT outperforms 80.00% of its industry peers.
There is no outstanding debt for MCFT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.28 |
ROIC/WACC0.17
WACC8.96%
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 has a Current ratio of 1.81. This is in the lower half of the industry: MCFT underperforms 63.33% of its industry peers.
A Quick Ratio of 1.23 indicates that MCFT should not have too much problems paying its short term obligations.
MCFT has a Quick ratio of 1.23. This is in the lower half of the industry: MCFT underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for MCFT have decreased strongly by -81.40% in the last year.
MCFT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.07% yearly.
The Revenue for MCFT has decreased by -41.66% in the past year. This is quite bad
Measured over the past years, MCFT shows a decrease in Revenue. The Revenue has been decreasing by -4.70% on average per year.
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.
The Revenue is expected to decrease by -3.57% on average over the next years.
EPS Next Y-38.39%
EPS Next 2Y4.81%
EPS Next 3Y4.26%
EPS Next 5YN/A
Revenue Next Year-24.08%
Revenue Next 2Y-5.33%
Revenue Next 3Y-3.57%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 37.63, which means the current valuation is very expensive for MCFT.
The rest of the industry has a similar Price/Earnings ratio as MCFT.
Compared to an average S&P500 Price/Earnings ratio of 26.68, MCFT is valued a bit more expensive.
With a Price/Forward Earnings ratio of 14.05, MCFT is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MCFT indicates a somewhat cheap valuation: MCFT is cheaper than 70.00% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of MCFT to the average of the S&P500 Index (22.50), we can say MCFT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.63 | ||
| Fwd PE | 14.05 |
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 | 14.61 |
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
No dividends for MCFT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.06
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners92.5%
Inst Owner Change1.07%
Ins Owners2.54%
Ins Owner Change3.64%
Market Cap302.50M
Analysts73.33
Price Target19.58 (8.42%)
Short Float %5.71%
Short Ratio8.8
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)-15.04%
PT rev (3m)-13.51%
EPS NQ rev (1m)-34.86%
EPS NQ rev (3m)-34.93%
EPS NY rev (1m)-2.75%
EPS NY rev (3m)-5.14%
Revenue NQ rev (1m)-15.57%
Revenue NQ rev (3m)-15.15%
Revenue NY rev (1m)-4.34%
Revenue NY rev (3m)-5.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.63 | ||
| Fwd PE | 14.05 | ||
| P/S | 1.11 | ||
| P/FCF | N/A | ||
| P/OCF | 56.8 | ||
| P/B | 1.66 | ||
| P/tB | 2.49 | ||
| EV/EBITDA | 14.61 |
EPS(TTM)0.48
EY2.66%
EPS(NY)1.29
Fwd EY7.12%
FCF(TTM)-0.3
FCFYN/A
OCF(TTM)0.32
OCFY1.76%
SpS16.23
BVpS10.87
TBVpS7.24
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 | 4.28 |
F-Score4
WACC8.96%
ROIC/WACC0.17
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-24.08%
Revenue Next 2Y-5.33%
Revenue Next 3Y-3.57%
Revenue Next 5YN/A
EBIT growth 1Y-92.66%
EBIT growth 3Y-37.52%
EBIT growth 5Y-21.5%
EBIT Next Year50.57%
EBIT Next 3YN/A
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%