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MCFT

MasterCraft Boat Holdings NasdaqGM:MCFT Stock Report

Last Price

US$23.60

Market Cap

US$425.8m

7D

-1.5%

1Y

-27.4%

Updated

16 May, 2022

Data

Company Financials +
MCFT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends0/6

MCFT Stock Overview

MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats.

MasterCraft Boat Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MasterCraft Boat Holdings
Historical stock prices
Current Share PriceUS$23.60
52 Week HighUS$33.63
52 Week LowUS$22.08
Beta1.88
1 Month Change1.33%
3 Month Change-16.84%
1 Year Change-27.36%
3 Year Change-0.34%
5 Year Change24.21%
Change since IPO48.24%

Recent News & Updates

Apr 24

MasterCraft Boat: A Smooth-Sailing Journey To Rebound And Sustainability

MasterCraft Boat Holdings, Inc. continues to show a fruitful fiscal year, given its robust core operations. The inflationary pressures, particularly oil and gas, may still affect its performance. The pent-up demand for outdoor activities in the Spring and Summer may help sustain its rebound. The stock price has been in a continued downtrend with potential undervaluation.

Apr 06

MasterCraft Boat: A Breakdown In Shares With Rougher Seas Ahead

MasterCraft is coming off a record 2021 amid strong consumer demand for recreational boats. The company expects positive trends to continue but sees supply chain disruptions as pressuring margins in the near term. We see risks tilted to the downside considering inflationary trends including high gas prices add to uncertainty over the sales outlook.

Shareholder Returns

MCFTUS LeisureUS Market
7D-1.5%2.9%0.7%
1Y-27.4%-40.1%-10.8%

Return vs Industry: MCFT exceeded the US Leisure industry which returned -40.1% over the past year.

Return vs Market: MCFT underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is MCFT's price volatile compared to industry and market?
MCFT volatility
MCFT Average Weekly Movement6.6%
Leisure Industry Average Movement7.6%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
19681,500Fred Brightbillhttps://www.mastercraft.com

MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through three segments: MasterCraft, NauticStar, and Crest. The MasterCraft segment produces recreational performance sport boats and luxury day boats under the MasterCraft and Aviara brands, which are used for water skiing, wakeboarding, and wake surfing, as well as general recreational boating.

MasterCraft Boat Holdings Fundamentals Summary

How do MasterCraft Boat Holdings's earnings and revenue compare to its market cap?
MCFT fundamental statistics
Market CapUS$425.84m
Earnings (TTM)US$63.26m
Revenue (TTM)US$645.74m

6.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCFT income statement (TTM)
RevenueUS$645.74m
Cost of RevenueUS$499.00m
Gross ProfitUS$146.74m
Other ExpensesUS$83.49m
EarningsUS$63.26m

Last Reported Earnings

Apr 03, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.51
Gross Margin22.72%
Net Profit Margin9.80%
Debt/Equity Ratio47.9%

How did MCFT perform over the long term?

See historical performance and comparison

Valuation

Is MasterCraft Boat Holdings undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MCFT ($23.6) is trading below our estimate of fair value ($79.08)

Significantly Below Fair Value: MCFT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MCFT is good value based on its PE Ratio (6.7x) compared to the US Leisure industry average (10.6x).

PE vs Market: MCFT is good value based on its PE Ratio (6.7x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: MCFT is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: MCFT is overvalued based on its PB Ratio (3.1x) compared to the US Leisure industry average (2.9x).


Future Growth

How is MasterCraft Boat Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCFT's forecast earnings growth (18% per year) is above the savings rate (1.9%).

Earnings vs Market: MCFT's earnings (18% per year) are forecast to grow faster than the US market (12.6% per year).

High Growth Earnings: MCFT's earnings are forecast to grow, but not significantly.

Revenue vs Market: MCFT's revenue (7.9% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: MCFT's revenue (7.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MCFT's Return on Equity is forecast to be high in 3 years time


Past Performance

How has MasterCraft Boat Holdings performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MCFT has high quality earnings.

Growing Profit Margin: MCFT's current net profit margins (9.8%) are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: MCFT's earnings have grown by 7.1% per year over the past 5 years.

Accelerating Growth: MCFT's earnings growth over the past year (74.7%) exceeds its 5-year average (7.1% per year).

Earnings vs Industry: MCFT earnings growth over the past year (74.7%) exceeded the Leisure industry 30.9%.


Return on Equity

High ROE: MCFT's Return on Equity (46.6%) is considered outstanding.


Financial Health

How is MasterCraft Boat Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MCFT's short term assets ($126.5M) exceed its short term liabilities ($89.0M).

Long Term Liabilities: MCFT's short term assets ($126.5M) exceed its long term liabilities ($67.5M).


Debt to Equity History and Analysis

Debt Level: MCFT's net debt to equity ratio (37.8%) is considered satisfactory.

Reducing Debt: MCFT's debt to equity ratio has reduced from 838% to 47.9% over the past 5 years.

Debt Coverage: MCFT's debt is well covered by operating cash flow (76.1%).

Interest Coverage: MCFT's interest payments on its debt are well covered by EBIT (48.3x coverage).


Balance Sheet


Dividend

What is MasterCraft Boat Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MCFT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MCFT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MCFT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCFT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MCFT has not reported any payouts.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Fred Brightbill (68 yo)

2.58yrs

Tenure

US$3,208,666

Compensation

Mr. Frederick A. Brightbill, also known as Fred, serves as the Chairman of the Board at MasterCraft Boat Company, LLC and serves as its Chief Executive Officer since December 3, 2019 and served as its Inte...


CEO Compensation Analysis

Compensation vs Market: Fred's total compensation ($USD3.21M) is about average for companies of similar size in the US market ($USD2.65M).

Compensation vs Earnings: Fred's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: MCFT's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: MCFT's board of directors are considered experienced (5.5 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

MasterCraft Boat Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: MasterCraft Boat Holdings, Inc.
  • Ticker: MCFT
  • Exchange: NasdaqGM
  • Founded: 1968
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Implied Market Cap: US$425.844m
  • Shares outstanding: 18.04m
  • Website: https://www.mastercraft.com

Number of Employees


Location

  • MasterCraft Boat Holdings, Inc.
  • 100 Cherokee Cove Drive
  • Vonore
  • Tennessee
  • 37885
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/04/03
Annual Earnings2021/06/30


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.