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Upturn AI SWOT - About
Marine Products Corporation (MPX)
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Upturn Advisory Summary
04/01/2025: MPX (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 2.34% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 345.05M USD | Price to earnings Ratio 18.6 | 1Y Target Price 8 |
Price to earnings Ratio 18.6 | 1Y Target Price 8 | ||
Volume (30-day avg) 27445 | Beta 1.21 | 52 Weeks Range 8.10 - 11.11 | Updated Date 03/30/2025 |
52 Weeks Range 8.10 - 11.11 | Updated Date 03/30/2025 | ||
Dividends yield (FY) 5.63% | Basic EPS (TTM) 0.53 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 7.32% | Operating Margin (TTM) 7.3% |
Management Effectiveness
Return on Assets (TTM) 6.94% | Return on Equity (TTM) 13.63% |
Valuation
Trailing PE 18.6 | Forward PE - | Enterprise Value 241297264 | Price to Sales(TTM) 1.24 |
Enterprise Value 241297264 | Price to Sales(TTM) 1.24 | ||
Enterprise Value to Revenue 1.02 | Enterprise Value to EBITDA 11.54 | Shares Outstanding 34713000 | Shares Floating 11198415 |
Shares Outstanding 34713000 | Shares Floating 11198415 | ||
Percent Insiders 75.22 | Percent Institutions 15.11 |
Analyst Ratings
Rating 3 | Target Price 8 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Marine Products Corporation
Company Overview
History and Background
Marine Products Corporation was founded in 1965. Initially focused on fiberglass boat production, it has grown through strategic acquisitions and product line expansions to become a leading manufacturer of recreational fiberglass boats. The company's history demonstrates a commitment to innovation and quality in the marine industry.
Core Business Areas
- Fiberglass Boats: Marine Products Corporation designs, manufactures, and distributes recreational fiberglass boats, including runabouts, cruisers, and sport boats. Brands include Chaparral and Robalo.
Leadership and Structure
The company's leadership includes the CEO, CFO, and other key executives. It operates with a hierarchical organizational structure, with various departments responsible for different aspects of the business, such as manufacturing, sales, and marketing.
Top Products and Market Share
Key Offerings
- Chaparral Boats: Chaparral boats are premium recreational boats, including runabouts, cruisers, and surf boats. Chaparral is a significant revenue source for Marine Products Corporation. Competitors include Brunswick Corporation (BC) and Malibu Boats (MBUU).
- Robalo Boats: Robalo boats are center console and walkaround fishing boats. Robalo is another significant revenue source for Marine Products Corporation. Competitors include Boston Whaler (Brunswick Corporation) and Grady-White.
Market Dynamics
Industry Overview
The recreational boating industry is cyclical and influenced by economic conditions, consumer confidence, and interest rates. Demand is also impacted by seasonality and weather patterns.
Positioning
Marine Products Corporation is a well-established player in the recreational boating industry. Its competitive advantages include its strong brand reputation, high-quality products, and extensive dealer network.
Total Addressable Market (TAM)
The global recreational boat market is projected to reach several billion USD. Marine Products Corporation is positioned to capture a portion of this TAM through its established brands and continued innovation.
Upturn SWOT Analysis
Strengths
- Strong brand recognition (Chaparral and Robalo)
- Extensive dealer network
- Focus on quality and innovation
- Diversified product line
Weaknesses
- Cyclical business model
- Dependence on economic conditions
- Potential impact of rising interest rates
- High inventory costs
Opportunities
- Expanding into new geographic markets
- Developing new boat models and technologies
- Acquiring smaller competitors
- Increasing focus on sustainability
Threats
- Economic downturns
- Increased competition
- Rising raw material costs
- Changing consumer preferences
Competitors and Market Share
Key Competitors
- BC
- MCFT
- POOL
Competitive Landscape
Marine Products Corporation competes primarily on product quality, brand reputation, and dealer network. It faces challenges from larger competitors with greater financial resources.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Marine Products Corporation has experienced moderate growth in recent years, driven by increased demand for recreational boats.
Future Projections: Analysts project continued growth for Marine Products Corporation, driven by new product introductions and expansion into new markets.
Recent Initiatives: Recent initiatives include investments in new manufacturing facilities and the development of new boat models.
Summary
Marine Products Corporation is a well-established company with strong brands and a healthy financial position. Its cyclical business model and dependence on economic conditions pose challenges. The company is well-positioned to capitalize on growth opportunities in the recreational boating industry, but it must manage competition and economic uncertainty.
Similar Companies
BC
Brunswick Corporation
BC
Brunswick Corporation
HSII
Heidrick & Struggles International
HSII
Heidrick & Struggles International
MBUU
Malibu Boats Inc
MBUU
Malibu Boats Inc
POOL
Pool Corporation
POOL
Pool Corporation
Sources and Disclaimers
Data Sources:
- Company SEC filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Marine Products Corporation
Exchange NYSE | Headquaters Atlanta, GA, United States | ||
IPO Launch date 2001-02-28 | President, CEO & Director Mr. Ben M. Palmer | ||
Sector Consumer Cyclical | Industry Recreational Vehicles | Full time employees 617 | |
Full time employees 617 | |||
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets in the United States. 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 Sportboats; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. It sells its products to a network of domestic and international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products Corporation is a subsidiary of LOR, Inc.
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