VAIL RESORTS INC (MTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MTN - US91879Q1094 - Common Stock
137.79 USD
+0.4 (+0.29%)
137.79 USD
0 (0%)
MTN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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 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.
In the past 5 years MTN has always been profitable.
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 better Return On Equity (170.06%) than 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.
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
MTN has a better Profit Margin (8.94%) than 71.43% of its industry peers.
In the last couple of years the Profit Margin of MTN has grown nicely.
MTN has a better Operating Margin (17.66%) than 76.69% of its industry peers.
In the last couple of years the Operating Margin of MTN has grown nicely.
Looking at the Gross Margin, with a value of 42.78%, MTN is in line with its industry, outperforming 41.35% 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 | 17.66% | ||
| 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
MTN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for MTN has been reduced compared to 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
Based on the Altman-Z score of 1.27, we must say that MTN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MTN (1.27) is worse than 60.15% of 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.
MTN has a Debt/Equity ratio of 16.51. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of MTN (16.51) is worse than 69.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 16.51 | ||
| Debt/FCF | 9 | ||
| Altman-Z | 1.27 |
ROIC/WACC1.29
WACC7.79%
2.3 Liquidity
A Current Ratio of 0.54 indicates that MTN may have some problems paying its short term obligations.
MTN has a Current ratio of 0.54. This is in the lower half of the industry: MTN underperforms 72.93% of its industry peers.
A Quick Ratio of 0.46 indicates that MTN may have some problems paying its short term obligations.
With a Quick ratio value of 0.46, MTN is not doing good in the industry: 75.19% of the companies in the same industry are doing better.
| 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.
Measured over the past years, MTN shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.47% on average per year.
The Revenue has been growing slightly by 3.06% in the past 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)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.
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
MTN is valuated rather expensively with a Price/Earnings ratio of 20.20.
MTN's Price/Earnings ratio is a bit cheaper when compared to the industry. MTN is cheaper than 72.18% of the companies in the same industry.
MTN is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 17.67, the valuation of MTN can be described as rather expensive.
Based on the Price/Forward Earnings ratio, MTN is valued a bit cheaper than 68.42% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MTN to the average of the S&P500 Index (23.88), we can say MTN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.2 | ||
| Fwd PE | 17.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTN is valued a bit cheaper than the industry average as 72.93% of the companies are valued more expensively.
87.22% 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 | 14.05 | ||
| EV/EBITDA | 9.16 |
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)0.99
EPS Next 2Y2.59%
EPS Next 3Y6.38%
5. Dividend
5.1 Amount
MTN has a Yearly Dividend Yield of 6.46%, which is a nice return.
MTN's Dividend Yield is rather good when compared to the industry average which is at 3.69. MTN pays more dividend than 96.99% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.90, MTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
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%
137.79
+0.4 (+0.29%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners121.68%
Inst Owner Change0%
Ins Owners1.03%
Ins Owner Change4.08%
Market Cap4.95B
Revenue(TTM)2.98B
Net Income(TTM)266.09M
Analysts70
Price Target178.02 (29.2%)
Short Float %10.52%
Short Ratio4.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
Yearly Dividend8.95
Dividend Growth(5Y)11.1%
DP122.08%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
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)-2.96%
EPS NQ rev (1m)-1.35%
EPS NQ rev (3m)-3.84%
EPS NY rev (1m)3.36%
EPS NY rev (3m)-9.1%
Revenue NQ rev (1m)-0.6%
Revenue NQ rev (3m)-2.78%
Revenue NY rev (1m)-0.2%
Revenue NY rev (3m)-0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.2 | ||
| Fwd PE | 17.67 | ||
| P/S | 1.67 | ||
| P/FCF | 14.05 | ||
| P/OCF | 8.42 | ||
| P/B | 31.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.16 |
EPS(TTM)6.82
EY4.95%
EPS(NY)7.8
Fwd EY5.66%
FCF(TTM)9.81
FCFY7.12%
OCF(TTM)16.37
OCFY11.88%
SpS82.76
BVpS4.35
TBVpS-50.18
PEG (NY)N/A
PEG (5Y)0.99
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
WACC7.79%
ROIC/WACC1.29
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 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.