VAIL RESORTS INC (MTN) Stock Fundamental Analysis
USA - NYSE:MTN - US91879Q1094 - Common Stock
146.19 USD
-1.44 (-0.98%)
146.19 USD
0 (0%)
MTN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 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
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.
Each year in the past 5 years MTN had a positive operating cash flow.
1.2 Ratios
MTN has a Return On Assets of 4.85%. This is in the better half of the industry: MTN outperforms 66.67% of its industry peers.
The Return On Equity of MTN (65.96%) is better than 92.42% of its industry peers.
MTN has a Return On Invested Capital of 9.44%. This is in the better half of the industry: MTN outperforms 71.21% of its industry peers.
MTN had an Average Return On Invested Capital over the past 3 years of 8.45%. This is below the industry average of 10.59%.
The last Return On Invested Capital (9.44%) for MTN is above the 3 year average (8.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.85% | ||
| ROE | 65.96% | ||
| ROIC | 9.44% |
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
Looking at the Profit Margin, with a value of 9.45%, MTN is in the better half of the industry, outperforming 71.21% of the companies in the same industry.
MTN's Profit Margin has improved in the last couple of years.
The Operating Margin of MTN (17.83%) is better than 75.76% of its industry peers.
MTN's Operating Margin has improved in the last couple of years.
MTN has a Gross Margin (42.78%) which is in line with 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 | 17.83% | ||
| PM (TTM) | 9.45% | ||
| 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
MTN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, MTN has less shares outstanding
The number of shares outstanding for MTN has been reduced compared to 5 years ago.
MTN has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that MTN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MTN (1.45) is comparable to the rest of the industry.
MTN has a debt to FCF ratio of 9.99. This is a negative value and a sign of low solvency as MTN would need 9.99 years to pay back of all of its debts.
The Debt to FCF ratio of MTN (9.99) is comparable to the rest of the industry.
A Debt/Equity ratio of 6.11 is on the high side and indicates that MTN has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 6.11, MTN is doing worse than 62.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.11 | ||
| Debt/FCF | 9.99 | ||
| Altman-Z | 1.45 |
ROIC/WACC1.27
WACC7.42%
2.3 Liquidity
MTN has a Current Ratio of 0.63. 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's Current ratio of 0.63 is on the low side compared to the rest of the industry. MTN is outperformed by 68.18% of its industry peers.
A Quick Ratio of 0.56 indicates that MTN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.56, MTN is doing worse than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
MTN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.89%, which is quite impressive.
The Earnings Per Share has been growing by 20.47% on average over the past years. This is a very strong growth
Looking at the last year, MTN shows a small growth in Revenue. The Revenue has grown by 2.74% in the last 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)22.89%
EPS 3Y-4.43%
EPS 5Y20.47%
EPS Q2Q%-8.78%
Revenue 1Y (TTM)2.74%
Revenue growth 3Y5.48%
Revenue growth 5Y8.59%
Sales Q2Q%2.22%
3.2 Future
The Earnings Per Share is expected to grow by 7.56% on average over the next years.
The Revenue is expected to grow by 3.46% on average over the next years.
EPS Next Y-7.98%
EPS Next 2Y2.46%
EPS Next 3Y7.56%
EPS Next 5YN/A
Revenue Next Year1.67%
Revenue Next 2Y2.57%
Revenue Next 3Y3.46%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.73, MTN is valued on the expensive side.
MTN's Price/Earnings ratio is a bit cheaper when compared to the industry. MTN is cheaper than 67.42% of the companies in the same industry.
MTN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.89.
A Price/Forward Earnings ratio of 21.44 indicates a rather expensive valuation of MTN.
MTN's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, MTN is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.73 | ||
| Fwd PE | 21.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTN is valued a bit cheaper than 64.39% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MTN is valued a bit cheaper than the industry average as 79.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.41 | ||
| EV/EBITDA | 9.7 |
4.3 Compensation for Growth
MTN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.96
EPS Next 2Y2.46%
EPS Next 3Y7.56%
5. Dividend
5.1 Amount
MTN has a Yearly Dividend Yield of 6.02%, which is a nice return.
MTN's Dividend Yield is rather good when compared to the industry average which is at 4.57. MTN pays more dividend than 95.45% of the companies in the same industry.
MTN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.02% |
5.2 History
The dividend of MTN is nicely growing with an annual growth rate of 11.10%!
MTN has been paying a dividend for at least 10 years, so it has 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 117.20% 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.
DP117.2%
EPS Next 2Y2.46%
EPS Next 3Y7.56%
146.19
-1.44 (-0.98%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners111.86%
Inst Owner Change-4.12%
Ins Owners1.06%
Ins Owner Change4.2%
Market Cap5.25B
Revenue(TTM)2.96B
Net Income(TTM)280.00M
Analysts69.41
Price Target176.58 (20.79%)
Short Float %11.25%
Short Ratio5.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.02% |
Yearly Dividend8.95
Dividend Growth(5Y)11.1%
DP117.2%
Div Incr Years3
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.86%
Min EPS beat(2)-6.36%
Max EPS beat(2)4.65%
EPS beat(4)3
Avg EPS beat(4)2.44%
Min EPS beat(4)-6.36%
Max EPS beat(4)8.57%
EPS beat(8)3
Avg EPS beat(8)-1.17%
EPS beat(12)4
Avg EPS beat(12)-2.77%
EPS beat(16)7
Avg EPS beat(16)-1.5%
Revenue beat(2)0
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-1.94%
Max Revenue beat(2)-1.7%
Revenue beat(4)1
Avg Revenue beat(4)-0.83%
Min Revenue beat(4)-1.94%
Max Revenue beat(4)1.46%
Revenue beat(8)1
Avg Revenue beat(8)-2.38%
Revenue beat(12)3
Avg Revenue beat(12)-1.43%
Revenue beat(16)5
Avg Revenue beat(16)-1.98%
PT rev (1m)-3.74%
PT rev (3m)-4.13%
EPS NQ rev (1m)1.08%
EPS NQ rev (3m)-4.64%
EPS NY rev (1m)-12.3%
EPS NY rev (3m)-12.41%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)1.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.73 | ||
| Fwd PE | 21.44 | ||
| P/S | 1.77 | ||
| P/FCF | 16.41 | ||
| P/OCF | 9.45 | ||
| P/B | 12.36 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.7 |
EPS(TTM)7.41
EY5.07%
EPS(NY)6.82
Fwd EY4.66%
FCF(TTM)8.91
FCFY6.09%
OCF(TTM)15.46
OCFY10.58%
SpS82.62
BVpS11.83
TBVpS-43.18
PEG (NY)N/A
PEG (5Y)0.96
Graham Number44.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.85% | ||
| ROE | 65.96% | ||
| ROCE | 12.86% | ||
| ROIC | 9.44% | ||
| ROICexc | 10.57% | ||
| ROICexgc | 22.87% | ||
| OM | 17.83% | ||
| PM (TTM) | 9.45% | ||
| GM | 42.78% | ||
| FCFM | 10.78% |
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 Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.11 | ||
| Debt/FCF | 9.99 | ||
| Debt/EBITDA | 3.14 | ||
| Cap/Depr | 79.34% | ||
| Cap/Sales | 7.93% | ||
| Interest Coverage | 3.38 | ||
| Cash Conversion | 67.25% | ||
| Profit Quality | 114.17% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 1.45 |
F-Score8
WACC7.42%
ROIC/WACC1.27
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)22.89%
EPS 3Y-4.43%
EPS 5Y20.47%
EPS Q2Q%-8.78%
EPS Next Y-7.98%
EPS Next 2Y2.46%
EPS Next 3Y7.56%
EPS Next 5YN/A
Revenue 1Y (TTM)2.74%
Revenue growth 3Y5.48%
Revenue growth 5Y8.59%
Sales Q2Q%2.22%
Revenue Next Year1.67%
Revenue Next 2Y2.57%
Revenue Next 3Y3.46%
Revenue Next 5YN/A
EBIT growth 1Y6.84%
EBIT growth 3Y-2.07%
EBIT growth 5Y16.14%
EBIT Next Year58.25%
EBIT Next 3Y21%
EBIT Next 5YN/A
FCF growth 1Y-15.39%
FCF growth 3Y-14.84%
FCF growth 5Y7.5%
OCF growth 1Y-5.8%
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 4 / 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 19.73 and the Price/Book (PB) ratio is 12.36.
How financially healthy is VAIL RESORTS INC?
The financial health rating of VAIL RESORTS INC (MTN) is 2 / 10.