How does MPX *'s pe Ratio compare to its peers?

MPX * is expensive based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (8.9x).

How does MPX *'s pe Ratio compare vs other companies in the Global Leisure Industry?

MPX * is good value based on its Price-To-Earnings Ratio (13.3x) compared to the Global Leisure industry average (18.3x).

What is MPX *'s pe Ratio compared to its Fair pe Ratio? This is the expected pe Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate MPX *'s Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of MPX * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MPX * (MX$200) is trading below our estimate of [[fair value]] (MX$209.12)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Marine Products (BMV:MPX *) - Stock Price, News & Analysis

MPX * Stock Overview

Designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets in the United States. More details

MPX * fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 4.4% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

Community vs My Fair Value

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Marine Products Corporation Competitors

Vinte Viviendas Integrales. de

BMV:VINTE *

Mex$9.0b

Servicios Corporativos Javer. de

BMV:JAVER *

Mex$4.3b

Consorcio ARA S. A. B. de C. V

BMV:ARA *

Mex$4.2b

Youngy Health

SZSE:300247

CN¥3.1b

Price History & Performance

Summary of share price highs, lows and changes for Marine Products
Historical stock prices
Current Share Price	US$200.00
52 Week High	US$200.00
52 Week Low	US$183.50
Beta	1.21
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	8.99%

Recent updates

Shareholder Returns

	MPX *	MX Leisure	MX Market
7D	0%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how MPX * performed against the MX Leisure industry.

Return vs Market: Insufficient data to determine how MPX * performed against the MX Market.

Price Volatility

Is MPX *'s price volatile compared to industry and market?
MPX * volatility
MPX * Average Weekly Movement	n/a
Leisure Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: MPX * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine MPX *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1965	690	Ben Palmer	www.marineproductscorp.com

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name.

Marine Products Corporation Fundamentals Summary

How do Marine Products's earnings and revenue compare to its market cap?
MPX * fundamental statistics
Market cap	Mex$6.86b
Earnings (TTM)	Mex$515.00m
Revenue (TTM)	Mex$5.69b

13.3x

P/E Ratio

1.2x

P/S Ratio

Is MPX * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MPX * income statement (TTM)
Revenue	US$287.54m
Cost of Revenue	US$227.69m
Gross Profit	US$59.86m
Other Expenses	US$33.85m
Earnings	US$26.01m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.75
Gross Margin	20.82%
Net Profit Margin	9.04%
Debt/Equity Ratio	0%

How did MPX * perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

74%

Payout Ratio

Does MPX * pay a reliable dividends?

See MPX * dividend history and benchmarks

When do you need to buy MPX * by to receive an upcoming dividend?
Marine Products dividend dates
Ex Dividend Date	Aug 09 2024
Dividend Pay Date	Sep 10 2024
Days until Ex dividend	215 days
Days until Dividend pay date	183 days

Does MPX * pay a reliable dividends?

See MPX * dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/05 00:19
End of Day Share Price	2024/05/08 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Marine Products Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Eric Wold	B. Riley Securities, Inc.
null null	Burkenroad Reports
Brandon Rollé	D.A. Davidson & Co.