VAIL RESORTS INC (MTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MTN - US91879Q1094 - Common Stock
133.21 USD
-3.83 (-2.79%)
133.55 USD
+0.34 (+0.26%)
Taking everything into account, MTN scores 5 out of 10 in our fundamental rating. MTN was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. MTN scores excellent on profitability, 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.
In the past year MTN had a positive cash flow from operations.
Each year in the past 5 years MTN has been profitable.
Each year in the past 5 years MTN had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MTN (4.62%) is better than 63.91% of its industry peers.
The Return On Equity of MTN (170.06%) is better than 97.74% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.08%, MTN is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MTN is in line with the industry average of 10.39%.
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 40.60% of its industry peers.
MTN's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MTN is creating some value.
MTN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for MTN has been reduced compared to 5 years ago.
The debt/assets ratio for MTN is higher compared to a year ago.
2.2 Solvency
MTN has an Altman-Z score of 1.27. 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 (1.27) which is in line with its industry peers.
MTN has a debt to FCF ratio of 9.00. This is a negative value and a sign of low solvency as MTN would need 9.00 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.00, MTN is in the better half of the industry, outperforming 64.66% of the companies in the same industry.
A Debt/Equity ratio of 16.51 is on the high side and indicates that MTN has dependencies on debt financing.
MTN has a Debt to Equity ratio of 16.51. This is in the lower half of the industry: MTN underperforms 69.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 16.51 | ||
| Debt/FCF | 9 | ||
| Altman-Z | 1.27 |
ROIC/WACC1.27
WACC7.93%
2.3 Liquidity
MTN has a Current 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.
Looking at the Current ratio, with a value of 0.54, MTN is doing worse than 72.93% of the companies in the same industry.
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 Quick ratio of 0.46. This is in the lower half of the industry: MTN underperforms 75.94% 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.
MTN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.47% yearly.
MTN shows a small growth in Revenue. In the last year, the Revenue has grown by 3.06%.
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
MTN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.38% yearly.
Based on estimates for the next years, MTN will show a small growth in Revenue. The Revenue will grow by 2.98% on average per year.
EPS Next Y-4.63%
EPS Next 2Y2.59%
EPS Next 3Y6.38%
EPS Next 5YN/A
Revenue Next Year1.44%
Revenue Next 2Y2.39%
Revenue Next 3Y2.98%
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
With a Price/Earnings ratio of 19.53, MTN is valued on the expensive side.
Based on the Price/Earnings ratio, MTN is valued a bit cheaper than 68.42% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.84. MTN is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 17.08 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 67.67% of the companies in the same industry.
MTN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.53 | ||
| Fwd PE | 17.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTN is valued a bit cheaper than 72.18% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MTN is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.58 | ||
| EV/EBITDA | 9.13 |
4.3 Compensation for Growth
The decent profitability rating of MTN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.95
EPS Next 2Y2.59%
EPS Next 3Y6.38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.36%, MTN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.66, MTN pays a better dividend. On top of this MTN pays more dividend than 97.74% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, MTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.36% |
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
122.08% 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.
DP122.08%
EPS Next 2Y2.59%
EPS Next 3Y6.38%
133.21
-3.83 (-2.79%)
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 Change4.08%
Market Cap4.79B
Revenue(TTM)2.98B
Net Income(TTM)266.09M
Analysts69.41
Price Target178.02 (33.64%)
Short Float %10.52%
Short Ratio4.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.36% |
Yearly Dividend8.95
Dividend Growth(5Y)11.1%
DP122.08%
Div Incr Years3
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.79%
Min EPS beat(2)-6.36%
Max EPS beat(2)0.79%
EPS beat(4)3
Avg EPS beat(4)0.5%
Min EPS beat(4)-6.36%
Max EPS beat(4)4.65%
EPS beat(8)4
Avg EPS beat(8)-1.05%
EPS beat(12)4
Avg EPS beat(12)-2.87%
EPS beat(16)7
Avg EPS beat(16)-1.83%
Revenue beat(2)0
Avg Revenue beat(2)-2.41%
Min Revenue beat(2)-2.88%
Max Revenue beat(2)-1.94%
Revenue beat(4)0
Avg Revenue beat(4)-1.91%
Min Revenue beat(4)-2.88%
Max Revenue beat(4)-1.13%
Revenue beat(8)1
Avg Revenue beat(8)-2.05%
Revenue beat(12)2
Avg Revenue beat(12)-2.37%
Revenue beat(16)5
Avg Revenue beat(16)-1.55%
PT rev (1m)0.81%
PT rev (3m)-3.35%
EPS NQ rev (1m)-1.35%
EPS NQ rev (3m)-3.84%
EPS NY rev (1m)3.65%
EPS NY rev (3m)-9.1%
Revenue NQ rev (1m)-0.6%
Revenue NQ rev (3m)-2.78%
Revenue NY rev (1m)-0.23%
Revenue NY rev (3m)-2.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.53 | ||
| Fwd PE | 17.08 | ||
| P/S | 1.61 | ||
| P/FCF | 13.58 | ||
| P/OCF | 8.14 | ||
| P/B | 30.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.13 |
EPS(TTM)6.82
EY5.12%
EPS(NY)7.8
Fwd EY5.85%
FCF(TTM)9.81
FCFY7.36%
OCF(TTM)16.37
OCFY12.29%
SpS82.76
BVpS4.35
TBVpS-50.18
PEG (NY)N/A
PEG (5Y)0.95
Graham Number25.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 170.06% | ||
| ROCE | 13.73% | ||
| ROIC | 10.08% | ||
| ROICexc | 11.88% | ||
| ROICexgc | 30.01% | ||
| OM | 17.66% | ||
| PM (TTM) | 8.94% | ||
| GM | 42.78% | ||
| FCFM | 11.85% |
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 Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 16.51 | ||
| Debt/FCF | 9 | ||
| Debt/EBITDA | 3.14 | ||
| Cap/Depr | 79.16% | ||
| Cap/Sales | 7.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.45% | ||
| Profit Quality | 132.49% | ||
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 1.27 |
F-Score8
WACC7.93%
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)13.29%
EPS 3Y-4.43%
EPS 5Y20.47%
EPS Q2Q%-12.8%
EPS Next Y-4.63%
EPS Next 2Y2.59%
EPS Next 3Y6.38%
EPS Next 5YN/A
Revenue 1Y (TTM)3.06%
Revenue growth 3Y5.48%
Revenue growth 5Y8.59%
Sales Q2Q%4.13%
Revenue Next Year1.44%
Revenue Next 2Y2.39%
Revenue Next 3Y2.98%
Revenue Next 5YN/A
EBIT growth 1Y7.46%
EBIT growth 3Y-2.07%
EBIT growth 5Y16.14%
EBIT Next Year54.37%
EBIT Next 3Y19.66%
EBIT Next 5YN/A
FCF growth 1Y-9.82%
FCF growth 3Y-14.84%
FCF growth 5Y7.5%
OCF growth 1Y-7.35%
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 19.53 and the Price/Book (PB) ratio is 30.61.
How financially healthy is VAIL RESORTS INC?
The financial health rating of VAIL RESORTS INC (MTN) is 2 / 10.