Marine Products Valuation

Q: 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 ($9.98) is trading below our estimate of [[fair value]] ($11.69)

Is MPX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: MPX ($9.98) is trading below our estimate of fair value ($11.69)

Significantly Below Fair Value: MPX is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MPX?

Key metric: As MPX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MPX. This is calculated by dividing MPX's market cap by their current earnings.
What is MPX's PE Ratio?
PE Ratio	18.2x
Earnings	US$19.01m
Market Cap	US$346.44m

MPX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.1x
Enterprise Value/EBITDA	12.5x
PEG Ratio	-20.5x

Price to Earnings Ratio vs Peers

How does MPX's PE Ratio compare to its peers?

The above table shows the PE ratio for MPX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	29x
JAKK JAKKS Pacific	9.2x	3.1%	US$305.4m
ESCA Escalade	16.1x	n/a	US$211.4m
RGR Sturm Ruger	21x	n/a	US$637.5m
SWIM Latham Group	69.7x	36.1%	US$796.7m
MPX Marine Products	18.2x	-0.9%	US$346.4m

Price-To-Earnings vs Peers: MPX is good value based on its Price-To-Earnings Ratio (18.2x) compared to the peer average (29x).

Price to Earnings Ratio vs Industry

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

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MPX is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the Global Leisure industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

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.

MPX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18.2x
Fair PE Ratio	9.2x

Price-To-Earnings vs Fair Ratio: MPX is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the estimated Fair Price-To-Earnings Ratio (9.2x).

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.