VAIL RESORTS INC (MTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MTN - US91879Q1094 - Common Stock
138.21 USD
-3.46 (-2.44%)
138.21 USD
0 (0%)
Overall MTN gets a fundamental rating of 5 out of 10. We evaluated MTN against 133 industry peers in the Hotels, Restaurants & Leisure industry. MTN has an excellent profitability rating, but there are concerns on its financial health. MTN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year MTN was profitable.
- MTN had a positive operating cash flow in the past year.
- MTN had positive earnings in each of the past 5 years.
- In the past 5 years MTN always reported a positive cash flow from operatings.
1.2 Ratios
- MTN has a better Return On Assets (4.62%) than 64.66% of its industry peers.
- MTN has a Return On Equity of 170.06%. This is amongst the best in the industry. MTN outperforms 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 10.34%.
- The 3 year average ROIC (8.45%) for MTN is below the current ROIC(10.08%), indicating increased profibility in the last year.
| 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 71.43% of its industry peers.
- In the last couple of years the Profit Margin of MTN has grown nicely.
- MTN has a Operating Margin of 17.66%. This is in the better half of the industry: MTN outperforms 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 41.35% 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.
- Compared to 1 year ago, MTN has less shares outstanding
- Compared to 5 years ago, MTN has less shares outstanding
- Compared to 1 year ago, MTN has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.29, we must say that MTN is in the distress zone and has some risk of bankruptcy.
- MTN has a Altman-Z score (1.29) which is in line with its industry peers.
- 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 worse Debt to Equity ratio (16.51) than 69.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 16.51 | ||
| Debt/FCF | 9 | ||
| Altman-Z | 1.29 |
ROIC/WACC1.32
WACC7.64%
2.3 Liquidity
- A Current Ratio of 0.54 indicates that MTN may have some problems paying its short term obligations.
- The Current ratio of MTN (0.54) is worse than 72.93% of its industry peers.
- 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.
- MTN has a worse Quick ratio (0.46) than 75.19% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 20.47% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 3.06% in the past year.
- The Revenue has been growing by 8.59% on average over the past years. This is quite good.
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 6.38% on average over the next years.
- The Revenue is expected to grow by 2.87% on average over the next years.
EPS Next Y-4.63%
EPS Next 2Y2.59%
EPS Next 3Y6.38%
EPS Next 5YN/A
Revenue Next Year1.34%
Revenue Next 2Y2.44%
Revenue Next 3Y2.87%
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
- The Price/Earnings ratio is 20.27, which indicates a rather expensive current valuation of MTN.
- Compared to the rest of the industry, the Price/Earnings ratio of MTN indicates a somewhat cheap valuation: MTN is cheaper than 69.92% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, MTN is valued a bit cheaper.
- A Price/Forward Earnings ratio of 17.72 indicates a rather expensive valuation of MTN.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MTN indicates a somewhat cheap valuation: MTN is cheaper than 66.17% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of MTN to the average of the S&P500 Index (24.26), we can say MTN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.27 | ||
| Fwd PE | 17.72 |
4.2 Price Multiples
- MTN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MTN is cheaper than 70.68% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTN indicates a rather cheap valuation: MTN is cheaper than 85.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.09 | ||
| EV/EBITDA | 9.33 |
4.3 Compensation for Growth
- The decent profitability rating of MTN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.99
EPS Next 2Y2.59%
EPS Next 3Y6.38%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.38%, MTN is a good candidate for dividend investing.
- MTN's Dividend Yield is rather good when compared to the industry average which is at 1.19. MTN pays more dividend than 96.99% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, MTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
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 2Y2.59%
EPS Next 3Y6.38%
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 of VAIL RESORTS INC (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.
Can you provide the financial health for MTN stock?
The financial health rating of VAIL RESORTS INC (MTN) is 2 / 10.
What is the expected EPS growth for VAIL RESORTS INC (MTN) stock?
The Earnings per Share (EPS) of VAIL RESORTS INC (MTN) is expected to decline by -4.63% in the next year.