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MTRN

Maytronics TASE:MTRN Stock Report

Last Price

₪56.36

Market Cap

₪6.2b

7D

-1.8%

1Y

-10.1%

Updated

25 May, 2022

Data

Company Financials
MTRN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends3/6

MTRN Stock Overview

Maytronics Ltd. engages in the development, production, marketing, distribution, and technical support of swimming pool equipment in Israel, North America, Europe, Oceania, and internationally.

Maytronics Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Maytronics
Historical stock prices
Current Share Price₪56.36
52 Week High₪84.54
52 Week Low₪51.14
Beta0.61
1 Month Change-10.00%
3 Month Change-15.68%
1 Year Change-10.14%
3 Year Change139.63%
5 Year Change278.76%
Change since IPO4,697.47%

Recent News & Updates

May 02
Maytronics (TLV:MTRN) Knows How To Allocate Capital

Maytronics (TLV:MTRN) Knows How To Allocate Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Mar 31
Investors Shouldn't Be Too Comfortable With Maytronics' (TLV:MTRN) Robust Earnings

Investors Shouldn't Be Too Comfortable With Maytronics' (TLV:MTRN) Robust Earnings

Despite posting some strong earnings, the market for Maytronics Ltd.'s ( TLV:MTRN ) stock hasn't moved much. We did...

Mar 13
If You Like EPS Growth Then Check Out Maytronics (TLV:MTRN) Before It's Too Late

If You Like EPS Growth Then Check Out Maytronics (TLV:MTRN) Before It's Too Late

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

MTRNIL Consumer DurablesIL Market
7D-1.8%-8.0%-4.1%
1Y-10.1%-5.5%8.5%

Return vs Industry: MTRN underperformed the IL Consumer Durables industry which returned -5.5% over the past year.

Return vs Market: MTRN underperformed the IL Market which returned 8.5% over the past year.

Price Volatility

Is MTRN's price volatile compared to industry and market?
MTRN volatility
MTRN Average Weekly Movement6.9%
Consumer Durables Industry Average Movement5.5%
Market Average Movement5.4%
10% most volatile stocks in IL Market8.9%
10% least volatile stocks in IL Market3.6%

Stable Share Price: MTRN is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MTRN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19831,507Sharon Goldenberghttps://www.maytronics.com

Maytronics Ltd. engages in the development, production, marketing, distribution, and technical support of swimming pool equipment in Israel, North America, Europe, Oceania, and internationally. It offers robotic pool cleaners for residential and commercial pools under the Dolphin name; and pool alarms, a swimming pool safety alarm system under the Aqualarm, Sensor Premium, and Sensor Espio names. The company also provides pool covers, including above water, in water, and solar operated mechanisms under the AQUAlife name; water-powered motor for pool covers; and computer-aided drowning detection systems.

Maytronics Fundamentals Summary

How do Maytronics's earnings and revenue compare to its market cap?
MTRN fundamental statistics
Market Cap₪6.16b
Earnings (TTM)₪249.22m
Revenue (TTM)₪1.56b

24.7x

P/E Ratio

3.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTRN income statement (TTM)
Revenue₪1.56b
Cost of Revenue₪913.12m
Gross Profit₪646.84m
Other Expenses₪397.62m
Earnings₪249.22m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.28
Gross Margin41.46%
Net Profit Margin15.98%
Debt/Equity Ratio78.0%

How did MTRN perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

54%

Payout Ratio

Valuation

Is Maytronics undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


24.71x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: MTRN (₪56.36) is trading above our estimate of fair value (₪18.65)

Significantly Below Fair Value: MTRN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MTRN is poor value based on its Price-To-Earnings Ratio (24.7x) compared to the IL Consumer Durables industry average (19.3x).

PE vs Market: MTRN is poor value based on its Price-To-Earnings Ratio (24.7x) compared to the IL market (11.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MTRN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MTRN is overvalued based on its Price-To-Book Ratio (10.2x) compared to the IL Consumer Durables industry average (1.9x).


Future Growth

How is Maytronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.4%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Maytronics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Maytronics performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MTRN has a high level of non-cash earnings.

Growing Profit Margin: MTRN's current net profit margins (16%) are higher than last year (15.2%).


Past Earnings Growth Analysis

Earnings Trend: MTRN's earnings have grown significantly by 24.2% per year over the past 5 years.

Accelerating Growth: MTRN's earnings growth over the past year (38.7%) exceeds its 5-year average (24.2% per year).

Earnings vs Industry: MTRN earnings growth over the past year (38.7%) underperformed the Consumer Durables industry 140.7%.


Return on Equity

High ROE: MTRN's Return on Equity (41.2%) is considered outstanding.


Financial Health

How is Maytronics's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MTRN's short term assets (₪1.3B) exceed its short term liabilities (₪885.7M).

Long Term Liabilities: MTRN's short term assets (₪1.3B) exceed its long term liabilities (₪223.8M).


Debt to Equity History and Analysis

Debt Level: MTRN's net debt to equity ratio (51.8%) is considered high.

Reducing Debt: MTRN's debt to equity ratio has increased from 23.5% to 78% over the past 5 years.

Debt Coverage: MTRN's debt is not well covered by operating cash flow (5.4%).

Interest Coverage: MTRN's interest payments on its debt are well covered by EBIT (39.8x coverage).


Balance Sheet


Dividend

What is Maytronics's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.19%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MTRN's dividend (2.19%) is higher than the bottom 25% of dividend payers in the IL market (2.01%).

High Dividend: MTRN's dividend (2.19%) is low compared to the top 25% of dividend payers in the IL market (6.07%).


Stability and Growth of Payments

Stable Dividend: MTRN's dividend payments have been volatile in the past 10 years.

Growing Dividend: MTRN's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.2%), MTRN's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: MTRN is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Sharon Goldenberg (48 yo)

1.33yrs

Tenure

₪1,329,000

Compensation

Mr. Sharon Goldenberg serves as Acting Chief Revenue Officer and Chief Executive Officer of Maytronics Ltd. since 2021 and served as its Chief Revenue Officer until 2021. Mr. Goldenberg had been Vice Presi...


CEO Compensation Analysis

Compensation vs Market: Sharon's total compensation ($USD397.42K) is below average for companies of similar size in the IL market ($USD1.12M).

Compensation vs Earnings: Sharon's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MTRN's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: MTRN's board of directors are considered experienced (5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Maytronics Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Maytronics Ltd.
  • Ticker: MTRN
  • Exchange: TASE
  • Founded: 1983
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Implied Market Cap: ₪6.157b
  • Shares outstanding: 109.24m
  • Website: https://www.maytronics.com

Number of Employees


Location

  • Maytronics Ltd.
  • Kibbutz Yizre'el
  • Jezreel Valley
  • 1935000
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.