NasdaqGM:MCFT

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Executive Summary

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


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.

Share Price & News

How has MasterCraft Boat Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MCFT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.3%

MCFT

2.6%

US Leisure

-3.3%

US Market


1 Year Return

12.9%

MCFT

46.4%

US Leisure

10.9%

US Market

Return vs Industry: MCFT exceeded the US Leisure industry which returned 1.2% over the past year.

Return vs Market: MCFT exceeded the US Market which returned 13.1% over the past year.


Shareholder returns

MCFTIndustryMarket
7 Day-2.3%2.6%-3.3%
30 Day-22.3%9.5%-5.7%
90 Day-7.8%22.2%8.2%
1 Year12.9%12.9%49.5%46.4%13.4%10.9%
3 Year-18.3%-18.3%0.4%-6.0%34.9%25.9%
5 Year79.7%30.4%13.8%2.7%84.6%63.8%

Price Volatility Vs. Market

How volatile is MasterCraft Boat Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

43.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MCFT ($17.03) is trading below our estimate of fair value ($29.89)

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


Price To Earnings Ratio

PE vs Industry: MCFT is unprofitable, so we can't compare its PE Ratio to the US Leisure industry average.

PE vs Market: MCFT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MCFT is overvalued based on its PB Ratio (6.6x) compared to the US Leisure industry average (3.8x).


Next Steps

Future Growth

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

100.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCFT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: MCFT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MCFT's is expected to become profitable in the next 3 years.

Revenue vs Market: MCFT's revenue (15.7% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: MCFT's revenue (15.7% 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


Next Steps

Past Performance

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

0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MCFT is currently unprofitable.

Growing Profit Margin: MCFT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MCFT is unprofitable, but has reduced losses over the past 5 years at a rate of 0.6% per year.

Accelerating Growth: Unable to compare MCFT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MCFT is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (8.7%).


Return on Equity

High ROE: MCFT has a negative Return on Equity (-49.21%), as it is currently unprofitable.


Next Steps

Financial Health

How is MasterCraft Boat Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: MCFT's short term assets ($56.7M) exceed its short term liabilities ($55.4M).

Long Term Liabilities: MCFT's short term assets ($56.7M) do not cover its long term liabilities ($103.6M).


Debt to Equity History and Analysis

Debt Level: MCFT's debt to equity ratio (220.6%) is considered high.

Reducing Debt: MCFT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: MCFT's debt is well covered by operating cash flow (28%).

Interest Coverage: MCFT is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MCFT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Fred Brightbill (67 yo)

0.92

Tenure

US$1,530,800

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 ($USD1.53M) is about average for companies of similar size in the US market ($USD2.02M).

Compensation vs Earnings: Fred's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Frederick Brightbill
Chairman & CEO0.92yrUS$1.53m0.62%
$ 2.0m
Timothy Oxley
VP, CFO8.08yrsUS$528.38k0.52%
$ 1.6m
Jim Brown
Vice President of Operations0.67yrno datano data
Mike Schmidt
Chief Information Officer2.25yrsno datano data
Matt McDevitt
Vice President of Global Sales1.33yrsno datano data
Charlene Hampton
Vice President of Human Resourcesno datano datano data
Dave Ekern
Chief Product Officer0.50yrno datano data
George Steinbarger
Chief Revenue Officer0.50yrno data0.054%
$ 170.4k
Scott Womack
President of NauticStar LLC0.083yrno data0.019%
$ 60.5k
Patrick May
President of Crestno datano datano data

0.8yrs

Average Tenure

60yo

Average Age

Experienced Management: MCFT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Frederick Brightbill
Chairman & CEO0.92yrUS$1.53m0.62%
$ 2.0m
Donald Campion
Independent Director5.17yrsUS$151.22k0.10%
$ 331.6k
Tzau-Jin Chung
Independent Director3.75yrsUS$127.50k0.071%
$ 225.1k
Peter Leemputte
Independent Director3.92yrsUS$144.09k0.076%
$ 238.7k
Roch Lambert
Lead Independent Director0.75yrUS$144.93k0.076%
$ 238.7k
Jaclyn Baumgarten
Independent Director1.92yrsUS$133.98k0.044%
$ 140.5k
W. Battle
Independent Director3.33yrsUS$135.37k0.063%
$ 199.5k

3.8yrs

Average Tenure

57yo

Average Age

Experienced Board: MCFT's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: MCFT 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 company bio, 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
  • Market Cap: US$316.124m
  • Shares outstanding: 18.99m
  • Website: https://www.mastercraft.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCFTNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJul 2015
1SGDB (Deutsche Boerse AG)YesCommon StockDEEURJul 2015

Biography

MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through three segments: MasterCraft, NauticStar, and Crest. The MasterCraf ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/25 06:17
End of Day Share Price2020/09/24 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.