Marine Products Corporation Logo

Marine Products Corporation

MPX

(4.0)
Stock Price

9,75 USD

24.94% ROA

28.84% ROE

7.89x PER

Market Cap.

379.650.701,00 USD

-0.81% DER

5.08% Yield

10.87% NPM

Marine Products Corporation Stock Analysis

Marine Products Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Marine Products Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (38.05%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

6 PBV

The stock's PBV ratio (2.34x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

7 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

8 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

9 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

11 Buffet Intrinsic Value

The company's stock seems undervalued (101) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

Marine Products Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Marine Products Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Marine Products Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Marine Products Corporation Revenue
Year Revenue Growth
1998 103.497.000
1999 122.878.000 15.77%
2000 148.276.000 17.13%
2001 134.689.000 -10.09%
2002 162.682.000 17.21%
2003 193.980.000 16.13%
2004 252.418.000 23.15%
2005 272.057.000 7.22%
2006 261.378.000 -4.09%
2007 244.273.000 -7%
2008 175.622.000 -39.09%
2009 48.471.000 -262.32%
2010 101.011.000 52.01%
2011 106.437.000 5.1%
2012 148.950.000 28.54%
2013 168.041.000 11.36%
2014 171.050.000 1.76%
2015 207.061.000 17.39%
2016 241.330.000 14.2%
2017 267.316.000 9.72%
2018 298.616.000 10.48%
2019 292.136.000 -2.22%
2020 239.825.000 -21.81%
2021 298.014.000 19.53%
2022 380.995.000 21.78%
2023 311.144.000 -22.45%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Marine Products Corporation Research and Development Expenses
Year Research and Development Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Marine Products Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
1998 0
1999 0 0%
2000 16.945.000 100%
2001 16.223.000 -4.45%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 41.844.200 100%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Marine Products Corporation EBITDA
Year EBITDA Growth
1998 12.143.000
1999 16.029.000 24.24%
2000 10.438.000 -53.56%
2001 15.389.000 32.17%
2002 21.461.000 28.29%
2003 29.608.000 27.52%
2004 38.308.000 22.71%
2005 38.582.000 0.71%
2006 29.063.000 -32.75%
2007 24.185.000 -20.17%
2008 10.493.000 -130.49%
2009 -19.163.000 154.76%
2010 3.720.000 615.13%
2011 3.351.000 -11.01%
2012 8.761.000 61.75%
2013 10.010.000 12.48%
2014 12.006.000 16.63%
2015 20.551.000 41.58%
2016 23.052.000 10.85%
2017 29.759.000 22.54%
2018 35.387.000 15.9%
2019 34.135.000 -3.67%
2020 24.361.000 -40.12%
2021 36.392.000 33.06%
2022 51.796.000 29.74%
2023 33.948.000 -52.57%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Marine Products Corporation Gross Profit
Year Gross Profit Growth
1998 25.721.000
1999 29.631.000 13.2%
2000 34.200.000 13.36%
2001 29.345.000 -16.54%
2002 37.400.000 21.54%
2003 50.317.000 25.67%
2004 65.586.000 23.28%
2005 69.121.000 5.11%
2006 59.407.000 -16.35%
2007 52.463.000 -13.24%
2008 31.945.000 -64.23%
2009 2.475.000 -1190.71%
2010 17.713.000 86.03%
2011 19.506.000 9.19%
2012 27.204.000 28.3%
2013 30.365.000 10.41%
2014 32.671.000 7.06%
2015 43.800.000 25.41%
2016 50.467.000 13.21%
2017 59.020.000 14.49%
2018 66.323.000 11.01%
2019 65.394.000 -1.42%
2020 53.605.000 -21.99%
2021 68.272.000 21.48%
2022 93.717.000 27.15%
2023 76.952.000 -21.79%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Marine Products Corporation Net Profit
Year Net Profit Growth
1998 7.674.000
1999 9.118.000 15.84%
2000 13.961.000 34.69%
2001 8.563.000 -63.04%
2002 12.389.000 30.88%
2003 18.072.000 31.45%
2004 23.743.000 23.88%
2005 26.223.000 9.46%
2006 20.314.000 -29.09%
2007 16.423.000 -23.69%
2008 7.586.000 -116.49%
2009 -10.693.000 170.94%
2010 3.853.000 377.52%
2011 6.731.000 42.76%
2012 6.979.000 3.55%
2013 7.794.000 10.46%
2014 8.914.000 12.56%
2015 14.306.000 37.69%
2016 16.745.000 14.57%
2017 19.300.000 13.24%
2018 28.488.000 32.25%
2019 28.239.000 -0.88%
2020 19.444.000 -45.23%
2021 29.026.000 33.01%
2022 40.347.000 28.06%
2023 41.612.000 3.04%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Marine Products Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 1 0%
2006 1 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 100%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Marine Products Corporation Free Cashflow
Year Free Cashflow Growth
1998 6.190.000
1999 7.425.000 16.63%
2000 11.266.000 34.09%
2001 4.775.000 -135.94%
2002 7.896.000 39.53%
2003 14.121.000 44.08%
2004 26.567.000 46.85%
2005 18.248.000 -45.59%
2006 22.330.000 18.28%
2007 15.168.000 -47.22%
2008 13.716.000 -10.59%
2009 -9.121.000 250.38%
2010 10.688.000 185.34%
2011 2.939.000 -263.66%
2012 7.828.000 62.46%
2013 9.359.000 16.36%
2014 8.995.000 -4.05%
2015 12.166.000 26.06%
2016 13.897.000 12.46%
2017 27.229.000 48.96%
2018 20.621.000 -32.05%
2019 31.583.000 34.71%
2020 27.775.000 -13.71%
2021 -791.000 3611.38%
2022 46.848.000 101.69%
2023 -1.818.000 2676.9%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Marine Products Corporation Operating Cashflow
Year Operating Cashflow Growth
1998 8.382.000
1999 9.235.000 9.24%
2000 15.464.000 40.28%
2001 10.231.000 -51.15%
2002 11.696.000 12.53%
2003 17.828.000 34.4%
2004 29.405.000 39.37%
2005 19.366.000 -51.84%
2006 23.997.000 19.3%
2007 16.431.000 -46.05%
2008 14.045.000 -16.99%
2009 -9.036.000 255.43%
2010 10.879.000 183.06%
2011 3.296.000 -230.07%
2012 8.182.000 59.72%
2013 9.880.000 17.19%
2014 9.446.000 -4.59%
2015 16.044.000 41.12%
2016 15.837.000 -1.31%
2017 29.639.000 46.57%
2018 22.775.000 -30.14%
2019 33.917.000 32.85%
2020 29.874.000 -13.53%
2021 457.000 -6436.98%
2022 49.348.000 99.07%
2023 -607.000 8229.82%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Marine Products Corporation Capital Expenditure
Year Capital Expenditure Growth
1998 2.192.000
1999 1.810.000 -21.1%
2000 4.198.000 56.88%
2001 5.456.000 23.06%
2002 3.800.000 -43.58%
2003 3.707.000 -2.51%
2004 2.838.000 -30.62%
2005 1.118.000 -153.85%
2006 1.667.000 32.93%
2007 1.263.000 -31.99%
2008 329.000 -283.89%
2009 85.000 -287.06%
2010 191.000 55.5%
2011 357.000 46.5%
2012 354.000 -0.85%
2013 521.000 32.05%
2014 451.000 -15.52%
2015 3.878.000 88.37%
2016 1.940.000 -99.9%
2017 2.410.000 19.5%
2018 2.154.000 -11.88%
2019 2.334.000 7.71%
2020 2.099.000 -11.2%
2021 1.248.000 -68.19%
2022 2.500.000 50.08%
2023 1.211.000 -106.44%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Marine Products Corporation Equity
Year Equity Growth
1998 69.514.000
1999 78.632.000 11.6%
2000 92.593.000 15.08%
2001 46.345.000 -99.79%
2002 56.833.000 18.45%
2003 69.966.000 18.77%
2004 87.372.000 19.92%
2005 87.688.000 0.36%
2006 101.401.000 13.52%
2007 93.757.000 -8.15%
2008 90.789.000 -3.27%
2009 81.512.000 -11.38%
2010 86.305.000 5.55%
2011 93.418.000 7.61%
2012 77.747.000 -20.16%
2013 81.749.000 4.9%
2014 83.494.000 2.09%
2015 90.212.000 7.45%
2016 65.445.000 -37.84%
2017 69.604.000 5.98%
2018 75.212.000 7.46%
2019 77.212.000 2.59%
2020 84.519.000 8.65%
2021 98.525.000 14.22%
2022 124.381.000 20.79%
2023 150.113.000 17.14%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Marine Products Corporation Assets
Year Assets Growth
1998 77.585.000
1999 88.168.000 12%
2000 103.449.000 14.77%
2001 56.513.000 -83.05%
2002 71.063.000 20.47%
2003 86.314.000 17.67%
2004 109.734.000 21.34%
2005 108.805.000 -0.85%
2006 124.179.000 12.38%
2007 118.726.000 -4.59%
2008 110.293.000 -7.65%
2009 98.249.000 -12.26%
2010 102.809.000 4.44%
2011 110.837.000 7.24%
2012 97.315.000 -13.9%
2013 102.231.000 4.81%
2014 103.823.000 1.53%
2015 110.677.000 6.19%
2016 88.527.000 -25.02%
2017 95.900.000 7.69%
2018 100.880.000 4.94%
2019 104.764.000 3.71%
2020 119.422.000 12.27%
2021 132.841.000 10.1%
2022 163.715.000 18.86%
2023 196.733.000 16.78%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Marine Products Corporation Liabilities
Year Liabilities Growth
1998 8.071.000
1999 9.536.000 15.36%
2000 10.856.000 12.16%
2001 10.168.000 -6.77%
2002 14.230.000 28.55%
2003 16.348.000 12.96%
2004 22.362.000 26.89%
2005 21.117.000 -5.9%
2006 22.778.000 7.29%
2007 24.969.000 8.77%
2008 19.504.000 -28.02%
2009 16.737.000 -16.53%
2010 16.504.000 -1.41%
2011 17.419.000 5.25%
2012 19.568.000 10.98%
2013 20.482.000 4.46%
2014 20.329.000 -0.75%
2015 20.465.000 0.66%
2016 23.082.000 11.34%
2017 26.296.000 12.22%
2018 25.668.000 -2.45%
2019 27.552.000 6.84%
2020 34.903.000 21.06%
2021 34.316.000 -1.71%
2022 39.334.000 12.76%
2023 46.620.000 15.63%

Marine Products Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
12.23
Net Income per Share
1.4
Price to Earning Ratio
7.89x
Price To Sales Ratio
0.9x
POCF Ratio
6.08
PFCF Ratio
7.18
Price to Book Ratio
2.53
EV to Sales
0.76
EV Over EBITDA
5.87
EV to Operating CashFlow
5.11
EV to FreeCashFlow
6.03
Earnings Yield
0.13
FreeCashFlow Yield
0.14
Market Cap
0,38 Bil.
Enterprise Value
0,32 Bil.
Graham Number
11.7
Graham NetNet
1.66

Income Statement Metrics

Net Income per Share
1.4
Income Quality
1.3
ROE
0.35
Return On Assets
0.22
Return On Capital Employed
0.29
Net Income per EBT
0.8
EBT Per Ebit
1.06
Ebit per Revenue
0.13
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.24
Operating Profit Margin
0.13
Pretax Profit Margin
0.14
Net Profit Margin
0.11

Dividends

Dividend Yield
0.05
Dividend Yield %
5.08
Payout Ratio
0.4
Dividend Per Share
0.56

Operating Metrics

Operating Cashflow per Share
1.81
Free CashFlow per Share
1.53
Capex to Operating CashFlow
-0.15
Capex to Revenue
-0.02
Capex to Depreciation
-4.26
Return on Invested Capital
0.31
Return on Tangible Assets
0.25
Days Sales Outstanding
9.48
Days Payables Outstanding
13.89
Days of Inventory on Hand
80.32
Receivables Turnover
38.51
Payables Turnover
26.28
Inventory Turnover
4.54
Capex per Share
-0.28

Balance Sheet

Cash per Share
1,76
Book Value per Share
4,36
Tangible Book Value per Share
4.25
Shareholders Equity per Share
4.36
Interest Debt per Share
0.01
Debt to Equity
-0.01
Debt to Assets
-0.01
Net Debt to EBITDA
-1.12
Current Ratio
5.13
Tangible Asset Value
0,15 Bil.
Net Current Asset Value
0,10 Bil.
Invested Capital
-0.01
Working Capital
0,12 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,01 Bil.
Average Payables
0,01 Bil.
Average Inventory
65640000
Debt to Market Cap
-0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Marine Products Corporation Dividends
Year Dividends Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2012 1 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 1 0%

Marine Products Corporation Profile

About Marine Products Corporation

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet 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 and SSX outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of 206 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.

CEO
Mr. Ben M. Palmer
Employee
690
Address
2801 Buford Highway NE
Atlanta, 30329

Marine Products Corporation Executives & BODs

Marine Products Corporation Executives & BODs
# Name Age
1 Mr. Michael L. Schmit
Chief Financial Officer, Vice President, Treasurer & Corporate Secretary
70
2 Ms. Sharon A. Lennon
Manager of Investor Relations & Corporate Communications
70
3 Mr. James C. Landers
Vice President of Corporate Finance
70
4 Mr. Ben M. Palmer
President, Chief Executive Officer & Director
70
5 Mr. Richard A. Hubbell
Executive Chairman
70

Marine Products Corporation Competitors