MALIBU BOATS INC - A (MBUU) Stock Fundamental Analysis
NASDAQ:MBUU - Nasdaq - US56117J1007 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to MBUU. MBUU was compared to 30 industry peers in the Leisure Products industry. While MBUU seems to be doing ok healthwise, there are quite some concerns on its profitability. MBUU has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MBUU was profitable.
In the past year MBUU had a positive cash flow from operations.
MBUU had positive earnings in 4 of the past 5 years.
Each year in the past 5 years MBUU had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -12.01%, MBUU is doing worse than 63.33% of the companies in the same industry.
The Return On Equity of MBUU (-17.41%) is worse than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.01% | ||
| ROE | -17.41% | ||
| 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.
With a Gross Margin value of 16.14%, MBUU is not doing good in the industry: 90.00% of the companies in the same industry are doing better.
MBUU's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for MBUU so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 16.14% |
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.
Compared to 5 years ago, MBUU has less shares outstanding
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 3.36 indicates that MBUU is not in any danger for bankruptcy at the moment.
MBUU has a better Altman-Z score (3.36) than 73.33% of its industry peers.
MBUU has a debt to FCF ratio of 1.06. This is a very positive value and a sign of high solvency as it would only need 1.06 years to pay back of all of its debts.
MBUU has a Debt to FCF ratio of 1.06. This is in the better half of the industry: MBUU outperforms 70.00% 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.
With a decent Debt to Equity ratio value of 0.05, MBUU is doing good in the industry, outperforming 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.06 | ||
| Altman-Z | 3.36 |
ROIC/WACCN/A
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.52 indicates that MBUU should not have too much problems paying its short term obligations.
MBUU has a Current ratio of 1.52. This is in the lower half of the industry: MBUU underperforms 73.33% of its industry peers.
MBUU has a Quick Ratio of 1.52. This is a bad value and indicates that MBUU is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.45, MBUU is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
MBUU shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -91.33%.
MBUU shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.40% yearly.
Looking at the last year, MBUU shows a very negative growth in Revenue. The Revenue has decreased by -39.55% in the last year.
Measured over the past years, MBUU shows a small growth in Revenue. The Revenue has been growing by 3.92% on average per year.
EPS 1Y (TTM)-91.33%
EPS 3Y-31.4%
EPS 5Y-12.4%
EPS Q2Q%-45.61%
Revenue 1Y (TTM)-39.55%
Revenue growth 3Y-3.64%
Revenue growth 5Y3.92%
Sales Q2Q%-5.11%
3.2 Future
MBUU is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.97% yearly.
The Revenue is expected to grow by 5.10% on average over the next years.
EPS Next Y-3.84%
EPS Next 2Y29.87%
EPS Next 3Y46.09%
EPS Next 5Y38.97%
Revenue Next Year-2.21%
Revenue Next 2Y4.45%
Revenue Next 3Y5.44%
Revenue Next 5Y5.1%
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
With a Price/Earnings ratio of 42.87, MBUU can be considered very expensive at the moment.
MBUU's Price/Earnings is on the same level as the industry average.
MBUU's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.29.
The Price/Forward Earnings ratio is 8.26, which indicates a very decent valuation of MBUU.
96.67% of the companies in the same industry are more expensive than MBUU, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.32, MBUU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.87 | ||
| Fwd PE | 8.26 |
4.2 Price Multiples
MBUU's Enterprise Value to EBITDA is on the same level as the industry average.
MBUU's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.42 | ||
| EV/EBITDA | 16.76 |
4.3 Compensation for Growth
MBUU's earnings are expected to grow with 46.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y29.87%
EPS Next 3Y46.09%
5. Dividend
5.1 Amount
MBUU does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.01
+0.9 (+3.45%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners106.37%
Inst Owner Change0.02%
Ins Owners3.92%
Ins Owner Change1.89%
Market Cap530.48M
Analysts78.57
Price Target43.86 (62.38%)
Short Float %7.36%
Short Ratio7.85
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)121.88%
Min EPS beat(2)45.72%
Max EPS beat(2)198.04%
EPS beat(4)3
Avg EPS beat(4)63.22%
Min EPS beat(4)-20.9%
Max EPS beat(4)198.04%
EPS beat(8)7
Avg EPS beat(8)41.57%
EPS beat(12)11
Avg EPS beat(12)31.65%
EPS beat(16)15
Avg EPS beat(16)25.91%
Revenue beat(2)2
Avg Revenue beat(2)2.21%
Min Revenue beat(2)1.9%
Max Revenue beat(2)2.52%
Revenue beat(4)2
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-3.43%
Max Revenue beat(4)2.52%
Revenue beat(8)5
Avg Revenue beat(8)1.92%
Revenue beat(12)9
Avg Revenue beat(12)3.25%
Revenue beat(16)12
Avg Revenue beat(16)3.18%
PT rev (1m)0%
PT rev (3m)-5.05%
EPS NQ rev (1m)-3.02%
EPS NQ rev (3m)-29%
EPS NY rev (1m)-2.2%
EPS NY rev (3m)-19.61%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)-7.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.87 | ||
| Fwd PE | 8.26 | ||
| P/S | 0.72 | ||
| P/FCF | 24.42 | ||
| P/OCF | 8.86 | ||
| P/B | 1.04 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 16.76 |
EPS(TTM)0.63
EY2.33%
EPS(NY)3.27
Fwd EY12.11%
FCF(TTM)1.11
FCFY4.09%
OCF(TTM)3.05
OCFY11.28%
SpS37.37
BVpS25.96
TBVpS14.6
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.01% | ||
| ROE | -17.41% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 16.14% | ||
| FCFM | 2.96% |
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 Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.06 | ||
| Debt/EBITDA | 0.74 | ||
| Cap/Depr | 107.35% | ||
| Cap/Sales | 5.2% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 193.53% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 3.36 |
F-Score4
WACC8.98%
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)-91.33%
EPS 3Y-31.4%
EPS 5Y-12.4%
EPS Q2Q%-45.61%
EPS Next Y-3.84%
EPS Next 2Y29.87%
EPS Next 3Y46.09%
EPS Next 5Y38.97%
Revenue 1Y (TTM)-39.55%
Revenue growth 3Y-3.64%
Revenue growth 5Y3.92%
Sales Q2Q%-5.11%
Revenue Next Year-2.21%
Revenue Next 2Y4.45%
Revenue Next 3Y5.44%
Revenue Next 5Y5.1%
EBIT growth 1Y-105.04%
EBIT growth 3Y-34.98%
EBIT growth 5Y-15.94%
EBIT Next Year352.95%
EBIT Next 3Y109.36%
EBIT Next 5Y60.6%
FCF growth 1Y-79.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-62.02%
OCF growth 3Y-24.93%
OCF growth 5Y-7.38%