VAIL RESORTS INC (MTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MTN - US91879Q1094 - Common Stock
161.76 USD
+6.95 (+4.49%)
161.76 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to MTN. MTN was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. While MTN has a great profitability rating, there are quite some concerns on its financial health. MTN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MTN was profitable.
In the past year MTN had a positive cash flow from operations.
MTN had positive earnings in each of the past 5 years.
MTN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MTN has a better Return On Assets (4.85%) than 65.15% of its industry peers.
MTN has a better Return On Equity (65.96%) than 92.42% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.44%, MTN is in the better half of the industry, outperforming 71.97% of the companies in the same industry.
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 10.42%.
The 3 year average ROIC (8.45%) for MTN is below the current ROIC(9.44%), indicating increased profibility in the last year.
| 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 has a better Profit Margin (9.45%) than 69.70% of its industry peers.
In the last couple of years the Profit Margin of MTN has grown nicely.
Looking at the Operating Margin, with a value of 17.83%, MTN is in the better half of the industry, outperforming 76.52% of the companies in the same industry.
MTN's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 42.78%, MTN perfoms like the industry average, outperforming 40.15% of the companies in the same industry.
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
MTN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MTN has a worse debt to assets ratio.
2.2 Solvency
MTN has an Altman-Z score of 1.51. This is a bad value and indicates that MTN is not financially healthy and even has some risk of bankruptcy.
MTN has a Altman-Z score (1.51) 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.
MTN has a Debt to FCF ratio (9.99) which is in line with its industry peers.
MTN has a Debt/Equity ratio of 6.11. This is a high value indicating a heavy dependency on external financing.
MTN's Debt to Equity ratio of 6.11 is on the low side compared to the rest of the industry. MTN is outperformed by 62.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.11 | ||
| Debt/FCF | 9.99 | ||
| Altman-Z | 1.51 |
ROIC/WACC1.19
WACC7.92%
2.3 Liquidity
A Current Ratio of 0.63 indicates that MTN may have some problems paying 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 70.45% of its industry peers.
MTN has a Quick 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 has a worse Quick ratio (0.56) than 68.94% 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 nice 13.29% over the past year.
MTN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.47% yearly.
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)13.29%
EPS 3Y-4.43%
EPS 5Y20.47%
EPS Q2Q%-12.8%
Revenue 1Y (TTM)2.74%
Revenue growth 3Y5.48%
Revenue growth 5Y8.59%
Sales Q2Q%4.13%
3.2 Future
MTN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.71% yearly.
The Revenue is expected to grow by 2.97% on average over the next years.
EPS Next Y-7.72%
EPS Next 2Y2.09%
EPS Next 3Y5.71%
EPS Next 5YN/A
Revenue Next Year1.64%
Revenue Next 2Y2.54%
Revenue Next 3Y2.97%
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 23.72, 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 62.12% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.56, MTN is valued at the same level.
A Price/Forward Earnings ratio of 20.95 indicates a rather expensive valuation of MTN.
MTN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MTN is cheaper than 61.36% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MTN to the average of the S&P500 Index (23.79), we can say MTN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.72 | ||
| Fwd PE | 20.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MTN indicates a somewhat cheap valuation: MTN is cheaper than 62.88% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTN indicates a somewhat cheap valuation: MTN is cheaper than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.19 | ||
| EV/EBITDA | 10.39 |
4.3 Compensation for Growth
The decent profitability rating of MTN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.16
EPS Next 2Y2.09%
EPS Next 3Y5.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.74%, MTN is a good candidate for dividend investing.
MTN's Dividend Yield is rather good when compared to the industry average which is at 1.48. MTN pays more dividend than 97.73% of the companies in the same industry.
MTN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
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
117.20% of the earnings are spent on dividend by MTN. 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 2Y2.09%
EPS Next 3Y5.71%
161.76
+6.95 (+4.49%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners121.15%
Inst Owner Change3.56%
Ins Owners1.02%
Ins Owner Change4.12%
Market Cap5.82B
Revenue(TTM)2.96B
Net Income(TTM)280.00M
Analysts69.41
Price Target176.58 (9.16%)
Short Float %11.73%
Short Ratio5.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
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%
PT rev (3m)-4.13%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)-4.49%
EPS NY rev (1m)0.28%
EPS NY rev (3m)-12.18%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)2%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-2.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.72 | ||
| Fwd PE | 20.95 | ||
| P/S | 1.96 | ||
| P/FCF | 18.19 | ||
| P/OCF | 10.48 | ||
| P/B | 13.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.39 |
EPS(TTM)6.82
EY4.22%
EPS(NY)7.72
Fwd EY4.77%
FCF(TTM)8.89
FCFY5.5%
OCF(TTM)15.43
OCFY9.54%
SpS82.46
BVpS11.81
TBVpS-43.09
PEG (NY)N/A
PEG (5Y)1.16
Graham Number42.57
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 | 1.51 |
F-Score8
WACC7.92%
ROIC/WACC1.19
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)13.29%
EPS 3Y-4.43%
EPS 5Y20.47%
EPS Q2Q%-12.8%
EPS Next Y-7.72%
EPS Next 2Y2.09%
EPS Next 3Y5.71%
EPS Next 5YN/A
Revenue 1Y (TTM)2.74%
Revenue growth 3Y5.48%
Revenue growth 5Y8.59%
Sales Q2Q%4.13%
Revenue Next Year1.64%
Revenue Next 2Y2.54%
Revenue Next 3Y2.97%
Revenue Next 5YN/A
EBIT growth 1Y6.84%
EBIT growth 3Y-2.07%
EBIT growth 5Y16.14%
EBIT Next Year54.28%
EBIT Next 3Y20.24%
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 23.72 and the Price/Book (PB) ratio is 13.7.
How financially healthy is VAIL RESORTS INC?
The financial health rating of VAIL RESORTS INC (MTN) is 2 / 10.