MARINE PRODUCTS CORP (MPX) Stock Fundamental Analysis
NYSE:MPX - New York Stock Exchange, Inc. - US5684271084 - Common Stock - Currency: USD
MPX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 30 industry peers in the Leisure Products industry. Both the health and profitability get an excellent rating, making MPX a very profitable company, without any liquidiy or solvency issues. MPX has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
MPX had positive earnings in the past year.
In the past year MPX had a positive cash flow from operations.
Each year in the past 5 years MPX has been profitable.
In the past 5 years MPX always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.84%, MPX belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.35%, MPX belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
MPX has a better Return On Invested Capital (8.53%) than 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MPX is significantly above the industry average of 8.00%.
The last Return On Invested Capital (8.53%) for MPX is well below the 3 year average (20.95%), which needs to be investigated, but indicates that MPX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.84% | ||
| ROE | 11.35% | ||
| ROIC | 8.53% |
ROA(3y)18.3%
ROA(5y)18.46%
ROE(3y)23.86%
ROE(5y)24.6%
ROIC(3y)20.95%
ROIC(5y)21.9%
1.3 Margins
Looking at the Profit Margin, with a value of 6.34%, MPX belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
MPX's Profit Margin has declined in the last couple of years.
The Operating Margin of MPX (6.85%) is better than 73.33% of its industry peers.
In the last couple of years the Operating Margin of MPX has declined.
MPX has a worse Gross Margin (18.77%) than 80.00% of its industry peers.
MPX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.85% | ||
| PM (TTM) | 6.34% | ||
| GM | 18.77% |
OM growth 3Y-14.4%
OM growth 5Y-8.08%
PM growth 3Y-9.54%
PM growth 5Y-5.61%
GM growth 3Y-5.68%
GM growth 5Y-2.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MPX is creating value.
The number of shares outstanding for MPX has been increased compared to 1 year ago.
MPX has more shares outstanding than it did 5 years ago.
There is no outstanding debt for MPX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
MPX has an Altman-Z score of 6.09. This indicates that MPX is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.09, MPX belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
MPX 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 | 0 | ||
| Altman-Z | 6.09 |
ROIC/WACC0.95
WACC9.02%
2.3 Liquidity
MPX has a Current Ratio of 3.66. This indicates that MPX is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.66, MPX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 2.08 indicates that MPX has no problem at all paying its short term obligations.
MPX's Quick ratio of 2.08 is fine compared to the rest of the industry. MPX outperforms 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.66 | ||
| Quick Ratio | 2.08 |
3. Growth
3.1 Past
The earnings per share for MPX have decreased strongly by -60.38% in the last year.
MPX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.79% yearly.
MPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -32.31%.
MPX shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.13% yearly.
EPS 1Y (TTM)-60.38%
EPS 3Y-11.21%
EPS 5Y-9.79%
EPS Q2Q%-53.85%
Revenue 1Y (TTM)-32.31%
Revenue growth 3Y-7.41%
Revenue growth 5Y-4.13%
Sales Q2Q%-14.91%
3.2 Future
Based on estimates for the next years, MPX will show a small growth in Earnings Per Share. The EPS will grow by 1.11% on average per year.
Based on estimates for the next years, MPX will show a small growth in Revenue. The Revenue will grow by 7.95% on average per year.
EPS Next Y-18.38%
EPS Next 2Y1.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.11%
Revenue Next 2Y7.95%
Revenue Next 3YN/A
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.43, which indicates a rather expensive current valuation of MPX.
Based on the Price/Earnings ratio, MPX is valued a bit cheaper than 73.33% of the companies in the same industry.
MPX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.29, the valuation of MPX can be described as correct.
MPX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MPX is cheaper than 63.33% of the companies in the same industry.
MPX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.43 | ||
| Fwd PE | 16.29 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MPX is on the same level as its industry peers.
MPX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MPX is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.87 | ||
| EV/EBITDA | 12.52 |
4.3 Compensation for Growth
The decent profitability rating of MPX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.11%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MPX has a Yearly Dividend Yield of 6.75%, which is a nice return.
Compared to an average industry Dividend Yield of 4.23, MPX pays a better dividend. On top of this MPX pays more dividend than 96.67% of the companies listed in the same industry.
MPX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.75% |
5.2 History
The dividend of MPX is nicely growing with an annual growth rate of 16.89%!
MPX has been paying a dividend for at least 10 years, so it has a reliable track record.
MPX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)16.89%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
MPX pays out 305.16% of its income as dividend. This is not a sustainable payout ratio.
MPX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP305.16%
EPS Next 2Y1.11%
EPS Next 3YN/A
NYSE:MPX (6/20/2025, 4:15:00 PM)
8.16
-0.06 (-0.73%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners15.91%
Inst Owner Change-0.31%
Ins Owners4.52%
Ins Owner Change0.58%
Market Cap285.27M
Analysts45
Price Target8.16 (0%)
Short Float %2.69%
Short Ratio9.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.75% |
Yearly Dividend1.26
Dividend Growth(5Y)16.89%
DP305.16%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)51.84%
Min EPS beat(2)-24.8%
Max EPS beat(2)128.48%
EPS beat(4)3
Avg EPS beat(4)32.95%
Min EPS beat(4)-24.8%
Max EPS beat(4)128.48%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-4.55%
Min Revenue beat(2)-11.36%
Max Revenue beat(2)2.26%
Revenue beat(4)2
Avg Revenue beat(4)-1.73%
Min Revenue beat(4)-11.36%
Max Revenue beat(4)5.36%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.43 | ||
| Fwd PE | 16.29 | ||
| P/S | 1.26 | ||
| P/FCF | 13.87 | ||
| P/OCF | 11.7 | ||
| P/B | 2.26 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 12.52 |
EPS(TTM)0.42
EY5.15%
EPS(NY)0.5
Fwd EY6.14%
FCF(TTM)0.59
FCFY7.21%
OCF(TTM)0.7
OCFY8.55%
SpS6.47
BVpS3.62
TBVpS3.51
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.84% | ||
| ROE | 11.35% | ||
| ROCE | 10.37% | ||
| ROIC | 8.53% | ||
| ROICexc | 13.82% | ||
| ROICexgc | 14.41% | ||
| OM | 6.85% | ||
| PM (TTM) | 6.34% | ||
| GM | 18.77% | ||
| FCFM | 9.09% |
ROA(3y)18.3%
ROA(5y)18.46%
ROE(3y)23.86%
ROE(5y)24.6%
ROIC(3y)20.95%
ROIC(5y)21.9%
ROICexc(3y)32.66%
ROICexc(5y)31.62%
ROICexgc(3y)33.97%
ROICexgc(5y)33.01%
ROCE(3y)25.47%
ROCE(5y)26.62%
ROICexcg growth 3Y-20.57%
ROICexcg growth 5Y-18.72%
ROICexc growth 3Y-20.57%
ROICexc growth 5Y-18.41%
OM growth 3Y-14.4%
OM growth 5Y-8.08%
PM growth 3Y-9.54%
PM growth 5Y-5.61%
GM growth 3Y-5.68%
GM growth 5Y-2.99%
F-Score5
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 131.66% | ||
| Cap/Sales | 1.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 132.59% | ||
| Profit Quality | 143.4% | ||
| Current Ratio | 3.66 | ||
| Quick Ratio | 2.08 | ||
| Altman-Z | 6.09 |
F-Score5
WACC9.02%
ROIC/WACC0.95
Cap/Depr(3y)238.99%
Cap/Depr(5y)178.67%
Cap/Sales(3y)1.75%
Cap/Sales(5y)1.31%
Profit Quality(3y)127.39%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-60.38%
EPS 3Y-11.21%
EPS 5Y-9.79%
EPS Q2Q%-53.85%
EPS Next Y-18.38%
EPS Next 2Y1.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-32.31%
Revenue growth 3Y-7.41%
Revenue growth 5Y-4.13%
Sales Q2Q%-14.91%
Revenue Next Year3.11%
Revenue Next 2Y7.95%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-59.1%
EBIT growth 3Y-20.74%
EBIT growth 5Y-11.88%
EBIT Next Year20.13%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-69.61%
FCF growth 3YN/A
FCF growth 5Y-4.62%
OCF growth 1Y-66.04%
OCF growth 3Y300.39%
OCF growth 5Y-2.74%