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 has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year MCFT was profitable.
In the past year MCFT had a positive cash flow from operations.
Of the past 5 years MCFT 4 years were profitable.
MCFT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MCFT (-2.67%) is comparable to the rest of the industry.
With a Return On Equity value of -3.75%, MCFT perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.06%, MCFT is in line with its industry, outperforming 56.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MCFT is significantly above the industry average of 8.27%.
The last Return On Invested Capital (2.06%) for MCFT is well below the 3 year average (30.44%), which needs to be investigated, but indicates that MCFT had better years and this may not be a problem.
| 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 has a Operating Margin of 1.65%. This is comparable 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.
The Gross Margin of MCFT (16.88%) is worse 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.
MCFT has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MCFT has less shares outstanding
The debt/assets ratio for MCFT is higher compared to a year ago.
2.2 Solvency
MCFT has an Altman-Z score of 4.69. This indicates that MCFT is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.69, MCFT belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
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 | 4.69 |
ROIC/WACC0.24
WACC8.43%
2.3 Liquidity
MCFT has a Current Ratio of 1.84. 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 worse Current ratio (1.84) than 63.33% 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.
Looking at the Quick ratio, with a value of 1.23, MCFT is in line with its industry, outperforming 43.33% of the companies in the same industry.
| 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.
Measured over the past years, MCFT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.07% on average per year.
Looking at the last year, MCFT shows a very negative growth in Revenue. The Revenue has decreased by -45.70% in the last year.
The Revenue has been decreasing by -4.70% on average over the past years.
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
The Earnings Per Share is expected to grow by 14.86% on average over the next years. This is quite good.
MCFT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.18% yearly.
EPS Next Y-35.05%
EPS Next 2Y14.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-19.62%
Revenue Next 2Y-3.18%
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
MCFT is valuated quite expensively with a Price/Earnings ratio of 32.91.
The rest of the industry has a similar Price/Earnings ratio as MCFT.
The average S&P500 Price/Earnings ratio is at 29.63. MCFT is around the same levels.
With a Price/Forward Earnings ratio of 11.73, the valuation of MCFT can be described as very reasonable.
Based on the Price/Forward Earnings ratio, MCFT is valued a bit cheaper than 80.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, MCFT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.91 | ||
| Fwd PE | 11.73 |
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 | 14.2 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MCFT's earnings are expected to grow with 14.86% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.86%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MCFT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.1
-0.03 (-0.17%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners100.3%
Inst Owner Change-0.81%
Ins Owners2.58%
Ins Owner Change2.94%
Market Cap303.18M
Analysts76.67
Price Target22.64 (25.08%)
Short Float %4.42%
Short Ratio8.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
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)-3.48%
PT rev (3m)14.83%
EPS NQ rev (1m)-36.25%
EPS NQ rev (3m)-72.22%
EPS NY rev (1m)2.26%
EPS NY rev (3m)15.89%
Revenue NQ rev (1m)-6.32%
Revenue NQ rev (3m)-36.46%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.91 | ||
| Fwd PE | 11.73 | ||
| P/S | 1.04 | ||
| P/FCF | N/A | ||
| P/OCF | 114.67 | ||
| P/B | 1.7 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 14.2 |
EPS(TTM)0.55
EY3.04%
EPS(NY)1.54
Fwd EY8.53%
FCF(TTM)-0.61
FCFYN/A
OCF(TTM)0.16
OCFY0.87%
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 | 4.69 |
F-Score4
WACC8.43%
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-35.05%
EPS Next 2Y14.86%
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-19.62%
Revenue Next 2Y-3.18%
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 Year49.74%
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%