NYSE:MLP

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Maui Land & Pineapple Company

Executive Summary

Maui Land & Pineapple Company, Inc., together with its subsidiaries, develops, manages, and sells residential, resort, commercial, agricultural, and industrial real estate properties in the United States.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Maui Land & Pineapple Company's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0.9%

MLP

6.7%

US Real Estate

2.9%

US Market


1 Year Return

4.4%

MLP

-10.5%

US Real Estate

8.9%

US Market

Return vs Industry: MLP exceeded the US Real Estate industry which returned -10.5% over the past year.

Return vs Market: MLP underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

MLPIndustryMarket
7 Day0.9%6.7%2.9%
30 Day5.3%18.0%10.6%
90 Day-5.9%-18.4%5.1%
1 Year4.4%4.4%-9.9%-10.5%11.4%8.9%
3 Year-46.5%-46.5%-11.3%-13.3%34.3%25.4%
5 Year83.1%83.1%-19.0%-21.4%60.7%42.7%

Price Volatility Vs. Market

How volatile is Maui Land & Pineapple Company's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Maui Land & Pineapple Company undervalued compared to its fair value and its price relative to the market?

9.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MLP ($10.6) is trading above our estimate of fair value ($3.9)

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


Price To Earnings Ratio

PE vs Industry: MLP is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: MLP 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 MLP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MLP is overvalued based on its PB Ratio (9.1x) compared to the US Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Maui Land & Pineapple Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.0%

Forecasted Real Estate 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 Maui Land & Pineapple Company 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.


Next Steps

Past Performance

How has Maui Land & Pineapple Company performed over the past 5 years?

-47.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MLP is currently unprofitable.

Growing Profit Margin: MLP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MLP is unprofitable, and losses have increased over the past 5 years at a rate of -47.2% per year.

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

Earnings vs Industry: MLP is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.4%).


Return on Equity

High ROE: MLP has a negative Return on Equity (-31.68%), as it is currently unprofitable.


Next Steps

Financial Health

How is Maui Land & Pineapple Company's financial position?


Financial Position Analysis

Short Term Liabilities: MLP's short term assets ($9.6M) exceed its short term liabilities ($1.9M).

Long Term Liabilities: MLP's short term assets ($9.6M) do not cover its long term liabilities ($14.6M).


Debt to Equity History and Analysis

Debt Level: MLP's debt to equity ratio (1.1%) is considered satisfactory.

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

Debt Coverage: MLP's debt is well covered by operating cash flow (1136.2%).

Interest Coverage: Insufficient data to determine if MLP's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Maui Land & Pineapple Company's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MLP'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 MLP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MLP'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 MLP'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?

1.3yrs

Average management tenure


CEO

Warren Haruki (66yo)

9.08yrs

Tenure

US$1,405,091

Compensation

Mr. Warren Hiromu Haruki has been the Chief Executive Officer and President of Grove Farm Company Incorporated since February 2005. Mr. Haruki is the Chief Executive Officer of Maui Land & Pineapple Compan ...


CEO Compensation Analysis

Compensation vs Market: Warren's total compensation ($USD1.41M) is about average for companies of similar size in the US market ($USD1.33M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Warren Haruki
Chairman & CEO9.08yrsUS$1.41m2.38% $4.9m
Paulus Subrata
Vice President1.33yrsUS$182.68k0.027% $54.6k
Michael Hotta
CFO & Principal Financial Officer0.083yrno datano data

1.3yrs

Average Tenure

Experienced Management: MLP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Warren Haruki
Chairman & CEO9.08yrsUS$1.41m2.38% $4.9m
Stephen Case
Director11.5yrsUS$90.00k61.87% $126.9m
David Heenan
Independent Director2.42yrsUS$90.00k0.088% $180.3k
Arthur Tokin
Lead Independent Directorno dataUS$90.00k0.24% $493.1k
Anthony Takitani
Independent Director5.17yrsUS$90.00k0.16% $328.1k

8.3yrs

Average Tenure

66yo

Average Age

Experienced Board: MLP's board of directors are considered experienced (8.3 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

Maui Land & Pineapple Company, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Maui Land & Pineapple Company, Inc.
  • Ticker: MLP
  • Exchange: NYSE
  • Founded: 1909
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: US$205.085m
  • Shares outstanding: 19.35m
  • Website: https://www.mauiland.com

Number of Employees


Location

  • Maui Land & Pineapple Company, Inc.
  • 200 Village Road
  • Lahaina
  • Hawaii
  • 96761
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MLPNYSE (New York Stock Exchange)YesCommon SharesUSUSDJun 1970

Biography

Maui Land & Pineapple Company, Inc., together with its subsidiaries, develops, manages, and sells residential, resort, commercial, agricultural, and industrial real estate properties in the United States. The company operates through Real Estate, Leasing, and Resort Amenities segments. The Real Estate segment is involved in the land planning and entitlement, development, and sale of its landholdings on Maui. This segment also provides licensed general brokerage services for properties in the Kapalua Resort and surrounding areas. The Leasing segment leases residential, resort, commercial, agricultural, and industrial land and properties; and licenses its registered trademarks and trade names, as well as provides stewardship and conservation services. This segment also operates ditches, reservoirs, and well systems that provide potable and non-potable water to West and Upcountry Maui areas. The Resort Amenities segment manages the operations of the Kapalua Club, a private, non-equity club program providing its members special programs, access, and other privileges at certain amenities at the Kapalua Resort. It owns approximately 23,000 acres of land on the island of Maui, Hawaii. Maui Land & Pineapple Company, Inc. was founded in 1909 and is based in Lahaina, Hawaii. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 12:07
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.