VAIL RESORTS INC (MTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MTN - US91879Q1094 - Common Stock
139.66 USD
-2.8 (-1.97%)
139.7 USD
+0.04 (+0.03%)
We assign a fundamental rating of 5 out of 10 to MTN. MTN was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. MTN has an excellent profitability rating, but there are concerns on its financial health. MTN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MTN had positive earnings in the past year.
In the past year MTN had a positive cash flow from operations.
In the past 5 years MTN has always been profitable.
Each year in the past 5 years MTN had a positive operating cash flow.
1.2 Ratios
MTN's Return On Assets of 4.62% is fine compared to the rest of the industry. MTN outperforms 63.91% of its industry peers.
The Return On Equity of MTN (170.06%) is better than 97.74% of its industry peers.
MTN's Return On Invested Capital of 10.08% is fine compared to the rest of the industry. MTN outperforms 73.68% of its industry peers.
MTN had an Average Return On Invested Capital over the past 3 years of 8.45%. This is in line with the industry average of 10.41%.
The last Return On Invested Capital (10.08%) for MTN is above the 3 year average (8.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 170.06% | ||
| ROIC | 10.08% |
ROA(3y)4.47%
ROA(5y)4.19%
ROE(3y)41.74%
ROE(5y)30.96%
ROIC(3y)8.45%
ROIC(5y)7.43%
1.3 Margins
The Profit Margin of MTN (8.94%) is better than 69.92% of its industry peers.
In the last couple of years the Profit Margin of MTN has grown nicely.
The Operating Margin of MTN (17.66%) is better than 76.69% of its industry peers.
In the last couple of years the Operating Margin of MTN has grown nicely.
MTN has a Gross Margin of 42.78%. This is comparable to the rest of the industry: MTN outperforms 40.60% of its industry peers.
In the last couple of years the Gross Margin of MTN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.66% | ||
| PM (TTM) | 8.94% | ||
| GM | 42.78% |
OM growth 3Y-7.16%
OM growth 5Y6.96%
PM growth 3Y-11.81%
PM growth 5Y13.43%
GM growth 3Y-3.05%
GM growth 5Y1.31%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MTN is still creating some value.
MTN has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MTN has less shares outstanding
MTN has a worse debt/assets ratio than last year.
2.2 Solvency
MTN has an Altman-Z score of 1.29. This is a bad value and indicates that MTN is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.29, MTN perfoms like the industry average, outperforming 40.60% of the companies in the same industry.
The Debt to FCF ratio of MTN is 9.00, which is on the high side as it means it would take MTN, 9.00 years of fcf income to pay off all of its debts.
MTN has a Debt to FCF ratio of 9.00. This is in the better half of the industry: MTN outperforms 64.66% of its industry peers.
A Debt/Equity ratio of 16.51 is on the high side and indicates that MTN has dependencies on debt financing.
MTN has a Debt to Equity ratio of 16.51. This is in the lower half of the industry: MTN underperforms 69.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 16.51 | ||
| Debt/FCF | 9 | ||
| Altman-Z | 1.29 |
ROIC/WACC1.28
WACC7.85%
2.3 Liquidity
A Current Ratio of 0.54 indicates that MTN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.54, MTN is doing worse than 72.93% of the companies in the same industry.
MTN has a Quick Ratio of 0.54. This is a bad value and indicates that MTN is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.46, MTN is not doing good in the industry: 75.94% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
MTN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.29%, which is quite good.
MTN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.47% yearly.
The Revenue has been growing slightly by 3.06% in the past year.
Measured over the past years, MTN shows a quite strong growth in Revenue. The Revenue has been growing by 8.59% on average per year.
EPS 1Y (TTM)13.29%
EPS 3Y-4.43%
EPS 5Y20.47%
EPS Q2Q%-12.8%
Revenue 1Y (TTM)3.06%
Revenue growth 3Y5.48%
Revenue growth 5Y8.59%
Sales Q2Q%4.13%
3.2 Future
The Earnings Per Share is expected to grow by 5.71% on average over the next years.
Based on estimates for the next years, MTN will show a small growth in Revenue. The Revenue will grow by 2.97% on average per year.
EPS Next Y-7.72%
EPS Next 2Y2.09%
EPS Next 3Y5.71%
EPS Next 5YN/A
Revenue Next Year1.64%
Revenue Next 2Y2.54%
Revenue Next 3Y2.97%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.48, the valuation of MTN can be described as rather expensive.
Based on the Price/Earnings ratio, MTN is valued a bit cheaper than the industry average as 67.67% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MTN to the average of the S&P500 Index (26.59), we can say MTN is valued slightly cheaper.
With a Price/Forward Earnings ratio of 18.08, MTN is valued on the expensive side.
Based on the Price/Forward Earnings ratio, MTN is valued a bit cheaper than the industry average as 66.17% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MTN to the average of the S&P500 Index (24.03), we can say MTN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.48 | ||
| Fwd PE | 18.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTN is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
84.96% of the companies in the same industry are more expensive than MTN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.24 | ||
| EV/EBITDA | 9.37 |
4.3 Compensation for Growth
The decent profitability rating of MTN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1
EPS Next 2Y2.09%
EPS Next 3Y5.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.76%, MTN is a good candidate for dividend investing.
MTN's Dividend Yield is rather good when compared to the industry average which is at 1.54. MTN pays more dividend than 97.74% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, MTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.76% |
5.2 History
The dividend of MTN is nicely growing with an annual growth rate of 11.10%!
MTN has paid a dividend for at least 10 years, which is a reliable track record.
MTN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)11.1%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
MTN pays out 122.08% of its income as dividend. This is not a sustainable payout ratio.
MTN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP122.08%
EPS Next 2Y2.09%
EPS Next 3Y5.71%
139.66
-2.8 (-1.97%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners121.15%
Inst Owner Change3.56%
Ins Owners1.02%
Ins Owner Change4.08%
Market Cap5.02B
Revenue(TTM)2.98B
Net Income(TTM)266.09M
Analysts69.41
Price TargetN/A
Short Float %9.99%
Short Ratio4.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.76% |
Yearly Dividend8.95
Dividend Growth(5Y)11.1%
DP122.08%
Div Incr Years3
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.79%
Min EPS beat(2)-6.36%
Max EPS beat(2)0.79%
EPS beat(4)3
Avg EPS beat(4)0.5%
Min EPS beat(4)-6.36%
Max EPS beat(4)4.65%
EPS beat(8)4
Avg EPS beat(8)-1.05%
EPS beat(12)4
Avg EPS beat(12)-2.87%
EPS beat(16)7
Avg EPS beat(16)-1.83%
Revenue beat(2)0
Avg Revenue beat(2)-2.41%
Min Revenue beat(2)-2.88%
Max Revenue beat(2)-1.94%
Revenue beat(4)0
Avg Revenue beat(4)-1.91%
Min Revenue beat(4)-2.88%
Max Revenue beat(4)-1.13%
Revenue beat(8)1
Avg Revenue beat(8)-2.05%
Revenue beat(12)2
Avg Revenue beat(12)-2.37%
Revenue beat(16)5
Avg Revenue beat(16)-1.55%
PT rev (1m)0%
PT rev (3m)-4.13%
EPS NQ rev (1m)-1.64%
EPS NQ rev (3m)-4.12%
EPS NY rev (1m)0.28%
EPS NY rev (3m)-12.18%
Revenue NQ rev (1m)-0.6%
Revenue NQ rev (3m)-2.78%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-2.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.48 | ||
| Fwd PE | 18.08 | ||
| P/S | 1.69 | ||
| P/FCF | 14.24 | ||
| P/OCF | 8.53 | ||
| P/B | 32.09 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.37 |
EPS(TTM)6.82
EY4.88%
EPS(NY)7.72
Fwd EY5.53%
FCF(TTM)9.81
FCFY7.02%
OCF(TTM)16.37
OCFY11.72%
SpS82.76
BVpS4.35
TBVpS-50.18
PEG (NY)N/A
PEG (5Y)1
Graham Number25.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 170.06% | ||
| ROCE | 13.73% | ||
| ROIC | 10.08% | ||
| ROICexc | 11.88% | ||
| ROICexgc | 30.01% | ||
| OM | 17.66% | ||
| PM (TTM) | 8.94% | ||
| GM | 42.78% | ||
| FCFM | 11.85% |
ROA(3y)4.47%
ROA(5y)4.19%
ROE(3y)41.74%
ROE(5y)30.96%
ROIC(3y)8.45%
ROIC(5y)7.43%
ROICexc(3y)9.37%
ROICexc(5y)8.66%
ROICexgc(3y)18.69%
ROICexgc(5y)17.41%
ROCE(3y)11.51%
ROCE(5y)10.13%
ROICexgc growth 3Y3.99%
ROICexgc growth 5Y22.63%
ROICexc growth 3Y1.61%
ROICexc growth 5Y19.6%
OM growth 3Y-7.16%
OM growth 5Y6.96%
PM growth 3Y-11.81%
PM growth 5Y13.43%
GM growth 3Y-3.05%
GM growth 5Y1.31%
F-Score8
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 16.51 | ||
| Debt/FCF | 9 | ||
| Debt/EBITDA | 3.14 | ||
| Cap/Depr | 79.16% | ||
| Cap/Sales | 7.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.45% | ||
| Profit Quality | 132.49% | ||
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 1.29 |
F-Score8
WACC7.85%
ROIC/WACC1.28
Cap/Depr(3y)90.77%
Cap/Depr(5y)78.85%
Cap/Sales(3y)8.72%
Cap/Sales(5y)7.96%
Profit Quality(3y)132.92%
Profit Quality(5y)173.66%
High Growth Momentum
Growth
EPS 1Y (TTM)13.29%
EPS 3Y-4.43%
EPS 5Y20.47%
EPS Q2Q%-12.8%
EPS Next Y-7.72%
EPS Next 2Y2.09%
EPS Next 3Y5.71%
EPS Next 5YN/A
Revenue 1Y (TTM)3.06%
Revenue growth 3Y5.48%
Revenue growth 5Y8.59%
Sales Q2Q%4.13%
Revenue Next Year1.64%
Revenue Next 2Y2.54%
Revenue Next 3Y2.97%
Revenue Next 5YN/A
EBIT growth 1Y7.46%
EBIT growth 3Y-2.07%
EBIT growth 5Y16.14%
EBIT Next Year54.28%
EBIT Next 3Y20.24%
EBIT Next 5YN/A
FCF growth 1Y-9.82%
FCF growth 3Y-14.84%
FCF growth 5Y7.5%
OCF growth 1Y-7.35%
OCF growth 3Y-7.91%
OCF growth 5Y7.03%
VAIL RESORTS INC / MTN FAQ
What is the ChartMill fundamental rating of VAIL RESORTS INC (MTN) stock?
ChartMill assigns a fundamental rating of 5 / 10 to MTN.
What is the valuation status for MTN stock?
ChartMill assigns a valuation rating of 5 / 10 to VAIL RESORTS INC (MTN). This can be considered as Fairly Valued.
How profitable is VAIL RESORTS INC (MTN) stock?
VAIL RESORTS INC (MTN) has a profitability rating of 7 / 10.
What are the PE and PB ratios of VAIL RESORTS INC (MTN) stock?
The Price/Earnings (PE) ratio for VAIL RESORTS INC (MTN) is 20.48 and the Price/Book (PB) ratio is 32.09.
How financially healthy is VAIL RESORTS INC?
The financial health rating of VAIL RESORTS INC (MTN) is 2 / 10.