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. MCFT is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. MCFT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MCFT was profitable.
MCFT had a positive operating cash flow in the past year.
Of the past 5 years MCFT 4 years were profitable.
Each year in the past 5 years MCFT had a positive operating cash flow.
1.2 Ratios
MCFT has a Return On Assets of -2.67%. This is comparable to the rest of the industry: MCFT outperforms 53.33% of its industry peers.
The Return On Equity of MCFT (-3.75%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 2.06%, MCFT perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MCFT is significantly above the industry average of 8.15%.
The 3 year average ROIC (30.44%) for MCFT is well above the current ROIC(2.06%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.67% | ||
| ROE | -3.75% | ||
| ROIC | 2.06% |
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's Operating Margin of 1.65% is in line compared to the rest of the industry. MCFT outperforms 53.33% of its industry peers.
MCFT's Operating Margin has declined in the last couple of years.
MCFT has a worse Gross Margin (16.88%) than 86.67% of its industry peers.
MCFT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.65% | ||
| PM (TTM) | N/A | ||
| GM | 16.88% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MCFT is creating value.
The number of shares outstanding for MCFT has been reduced compared to 1 year ago.
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 4.39. This indicates that MCFT is financially healthy and has little risk of bankruptcy at the moment.
MCFT has a Altman-Z score of 4.39. This is amongst the best in the industry. MCFT outperforms 83.33% 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 | 4.39 |
ROIC/WACC0.24
WACC8.63%
2.3 Liquidity
A Current Ratio of 1.84 indicates that MCFT should not have too much problems paying its short term obligations.
MCFT has a Current ratio of 1.84. This is in the lower half of the industry: MCFT underperforms 60.00% 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 Quick ratio of 1.23. This is comparable to the rest of the industry: MCFT outperforms 43.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for MCFT have decreased strongly by -84.59% 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.
MCFT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -45.70%.
MCFT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.70% yearly.
EPS 1Y (TTM)-84.59%
EPS 3Y-29.37%
EPS 5Y-16.07%
EPS Q2Q%-72.97%
Revenue 1Y (TTM)-45.7%
Revenue growth 3Y-7.69%
Revenue growth 5Y-4.7%
Sales Q2Q%-36.3%
3.2 Future
Based on estimates for the next years, MCFT will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.59% on average per year.
The Revenue is expected to decrease by -2.37% on average over the next years.
EPS Next Y-36.65%
EPS Next 2Y11.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-20.64%
Revenue Next 2Y-2.37%
Revenue Next 3YN/A
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
A Price/Earnings ratio of 29.45 indicates a quite expensive valuation of MCFT.
MCFT's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.63, MCFT is valued at the same level.
With a Price/Forward Earnings ratio of 11.12, the valuation of MCFT can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MCFT indicates a somewhat cheap valuation: MCFT is cheaper than 80.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.85. MCFT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.45 | ||
| Fwd PE | 11.12 |
4.2 Price Multiples
MCFT's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.81 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.59%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for MCFT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.2
+0.2 (+1.25%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners92.5%
Inst Owner Change-0.26%
Ins Owners2.54%
Ins Owner Change1.03%
Market Cap271.35M
Analysts76.67
Price Target23.05 (42.28%)
Short Float %4.91%
Short Ratio10.51
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)3141.2%
Min EPS beat(2)311.79%
Max EPS beat(2)5970.61%
EPS beat(4)4
Avg EPS beat(4)1605.82%
Min EPS beat(4)58.7%
Max EPS beat(4)5970.61%
EPS beat(8)8
Avg EPS beat(8)818.63%
EPS beat(12)12
Avg EPS beat(12)550.17%
EPS beat(16)16
Avg EPS beat(16)417.82%
Revenue beat(2)2
Avg Revenue beat(2)3.47%
Min Revenue beat(2)2.2%
Max Revenue beat(2)4.73%
Revenue beat(4)4
Avg Revenue beat(4)3.11%
Min Revenue beat(4)1.09%
Max Revenue beat(4)4.73%
Revenue beat(8)8
Avg Revenue beat(8)2.97%
Revenue beat(12)10
Avg Revenue beat(12)2.21%
Revenue beat(16)11
Avg Revenue beat(16)-1.08%
PT rev (1m)0%
PT rev (3m)-1.74%
EPS NQ rev (1m)-1.89%
EPS NQ rev (3m)-37.46%
EPS NY rev (1m)-2.46%
EPS NY rev (3m)-0.26%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)-7.45%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)-1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.45 | ||
| Fwd PE | 11.12 | ||
| P/S | 0.93 | ||
| P/FCF | N/A | ||
| P/OCF | 102.63 | ||
| P/B | 1.52 | ||
| P/tB | 2.32 | ||
| EV/EBITDA | 11.81 |
EPS(TTM)0.55
EY3.4%
EPS(NY)1.46
Fwd EY8.99%
FCF(TTM)-0.61
FCFYN/A
OCF(TTM)0.16
OCFY0.97%
SpS17.41
BVpS10.65
TBVpS6.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.67% | ||
| ROE | -3.75% | ||
| ROCE | 2.53% | ||
| ROIC | 2.06% | ||
| ROICexc | 3.09% | ||
| ROICexgc | 5.98% | ||
| OM | 1.65% | ||
| PM (TTM) | N/A | ||
| GM | 16.88% | ||
| 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 Turnover1.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 126.42% | ||
| Cap/Sales | 4.4% | ||
| Interest Coverage | 2.13 | ||
| Cash Conversion | 17.68% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 4.39 |
F-Score4
WACC8.63%
ROIC/WACC0.24
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)-84.59%
EPS 3Y-29.37%
EPS 5Y-16.07%
EPS Q2Q%-72.97%
EPS Next Y-36.65%
EPS Next 2Y11.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-45.7%
Revenue growth 3Y-7.69%
Revenue growth 5Y-4.7%
Sales Q2Q%-36.3%
Revenue Next Year-20.64%
Revenue Next 2Y-2.37%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-93.5%
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-108.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-98.1%
OCF growth 3Y-43.28%
OCF growth 5Y-25.89%