VAIL RESORTS INC (MTN) Stock Fundamental Analysis
USA - NYSE:MTN - US91879Q1094 - Common Stock
152.65 USD
-0.23 (-0.15%)
152.65 USD
0 (0%)
MTN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 134 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.
Each year in the past 5 years MTN has been profitable.
MTN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.85%, MTN is doing good in the industry, outperforming 66.42% of the companies in the same industry.
Looking at the Return On Equity, with a value of 65.96%, MTN belongs to the top of the industry, outperforming 94.78% of the companies in the same industry.
MTN has a Return On Invested Capital of 9.44%. This is in the better half of the industry: MTN outperforms 72.39% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MTN is below the industry average of 10.67%.
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
MTN's Profit Margin of 9.45% is fine compared to the rest of the industry. MTN outperforms 73.13% of its industry peers.
In the last couple of years the Profit Margin of MTN has grown nicely.
MTN has a Operating Margin of 17.83%. This is in the better half of the industry: MTN outperforms 76.87% 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 comparable to the rest of the industry.
MTN's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MTN is creating some value.
Compared to 1 year ago, MTN has less shares outstanding
Compared to 5 years ago, MTN has less shares outstanding
The debt/assets ratio for MTN is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.48, we must say that MTN is in the distress zone and has some risk of bankruptcy.
MTN has a Altman-Z score (1.48) which 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.
With a Debt to FCF ratio value of 9.99, MTN perfoms like the industry average, outperforming 58.21% of the companies in the same industry.
MTN has a Debt/Equity ratio of 6.11. This is a high value indicating a heavy dependency on external financing.
MTN has a worse Debt to Equity ratio (6.11) than 62.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.11 | ||
| Debt/FCF | 9.99 | ||
| Altman-Z | 1.48 |
ROIC/WACC1.26
WACC7.51%
2.3 Liquidity
A Current Ratio of 0.63 indicates that MTN may have some problems paying its short term obligations.
The Current ratio of MTN (0.63) is worse than 67.16% of its industry peers.
A Quick Ratio of 0.56 indicates that MTN may have some problems paying its short term obligations.
MTN has a Quick ratio of 0.56. This is in the lower half of the industry: MTN underperforms 67.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.89% over the past year.
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.
MTN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.59% yearly.
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
Based on estimates for the next years, MTN will show a small growth in Earnings Per Share. The EPS will grow by 7.56% on average per year.
Based on estimates for the next years, MTN will show a small growth in Revenue. The Revenue will grow by 3.46% on average per year.
EPS Next Y4.93%
EPS Next 2Y6.71%
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 20.60, MTN is valued on the expensive side.
67.16% of the companies in the same industry are more expensive than MTN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.91. MTN is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 19.63 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 61.19% of the companies listed in the same industry.
MTN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.6 | ||
| Fwd PE | 19.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTN is valued a bit cheaper than the industry average as 67.16% of the companies are valued more expensively.
80.60% of the companies in the same industry are more expensive than MTN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.13 | ||
| EV/EBITDA | 9.99 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of MTN may justify a higher PE ratio.
PEG (NY)4.18
PEG (5Y)1.01
EPS Next 2Y6.71%
EPS Next 3Y7.56%
5. Dividend
5.1 Amount
MTN has a Yearly Dividend Yield of 5.94%, which is a nice return.
MTN's Dividend Yield is rather good when compared to the industry average which is at 3.83. MTN pays more dividend than 95.52% of the companies in the same industry.
MTN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
5.2 History
On average, the dividend of MTN grows each year by 11.10%, which is quite nice.
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.
The dividend of MTN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP117.2%
EPS Next 2Y6.71%
EPS Next 3Y7.56%
152.65
-0.23 (-0.15%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners111.86%
Inst Owner Change0.12%
Ins Owners1.06%
Ins Owner Change4.25%
Market Cap5.48B
Revenue(TTM)2.96B
Net Income(TTM)280.00M
Analysts69.41
Price Target183.44 (20.17%)
Short Float %11.52%
Short Ratio7.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
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)-0.4%
PT rev (3m)-0.4%
EPS NQ rev (1m)-5.77%
EPS NQ rev (3m)-5.77%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)-0.13%
Revenue NQ rev (1m)1.82%
Revenue NQ rev (3m)1.82%
Revenue NY rev (1m)-2.09%
Revenue NY rev (3m)-1.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.6 | ||
| Fwd PE | 19.63 | ||
| P/S | 1.85 | ||
| P/FCF | 17.13 | ||
| P/OCF | 9.87 | ||
| P/B | 12.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.99 |
EPS(TTM)7.41
EY4.85%
EPS(NY)7.77
Fwd EY5.09%
FCF(TTM)8.91
FCFY5.84%
OCF(TTM)15.46
OCFY10.13%
SpS82.62
BVpS11.83
TBVpS-43.18
PEG (NY)4.18
PEG (5Y)1.01
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 | 1.48 |
F-Score8
WACC7.51%
ROIC/WACC1.26
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 Y4.93%
EPS Next 2Y6.71%
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 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.
What are the PE and PB ratios of VAIL RESORTS INC (MTN) stock?
The Price/Earnings (PE) ratio for VAIL RESORTS INC (MTN) is 20.6 and the Price/Book (PB) ratio is 12.9.
How financially healthy is VAIL RESORTS INC?
The financial health rating of VAIL RESORTS INC (MTN) is 2 / 10.