Mastercraft Boat Intrinsic Value Calculator – MASTERCRAFT BOAT Reports Third Quarter Earnings Results for Fiscal Year 2023
May 30, 2023
Earnings Overview
MASTERCRAFT BOAT ($NASDAQ:MCFT) revealed its financial results for the third quarter of fiscal 2023, which concluded on March 31, 2023. The total income for the period stood at USD 166.8 million, a dip of 10.7% compared to the year-ago quarter. Net profit was reported at USD 22.5 million, representing an increase of 7.5% on the same quarter of the prior year.
Share Price
The stock opened at $30.5 but closed at $27.5, down by 4.0% from the prior closing price of $28.7. This steady growth in earnings is indicative of an upward trend in the company’s financial performance. This strong revenue growth is indicative that the company’s products and services are in demand, allowing them to increase their market share and profitability.
Overall, MASTERCRAFT BOAT’s third quarter results show continued progress in their financial performance. The company is well-positioned for further growth in the upcoming quarters of the fiscal year 2023. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mastercraft Boat. More…
| Total Revenues | Net Income | Net Margin |
| 758.95 | 57.75 | 11.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mastercraft Boat. More…
| Operations | Investing | Financing |
| 142.97 | -97.86 | -31.42 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mastercraft Boat. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 338.27 | 162.13 | 10.02 |
Key Ratios Snapshot
Some of the financial key ratios for Mastercraft Boat are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.4% | 31.5% | 12.6% |
| FCF Margin | ROE | ROA |
| 15.3% | 35.7% | 17.7% |
Analysis – Mastercraft Boat Intrinsic Value Calculator
GoodWhale recently conducted an analysis of MASTERCRAFT BOAT‘s wellbeing. After careful consideration, our proprietary Valuation Line calculated the intrinsic value of MASTERCRAFT BOAT share to be around $36.0. However, the current stock price is significantly lower at $27.5, creating an undervalued opportunity of 23.5%. This provides an attractive investment opportunity for those looking to buy and hold MASTERCRAFT BOAT shares. More…
Peers
MasterCraft Boat Holdings Inc is a leading designer and manufacturer of premium inboard wakeboard, ski and luxury performance boats. The company’s boats are sold under the MasterCraft brand, as well as under the Nautique, Moomba, Supra, and XStar brands. The company operates in four segments: North America, Europe, Asia, and Other International. The Limestone Boat Co Ltd, Maiden Lane Jewelry Ltd, Malibu Boats Inc are its main competitors.
– The Limestone Boat Co Ltd ($TSXV:BOAT)
The Limestone Boat Co Ltd is a company that manufactures and sells boats. The company has a market cap of 5.38M as of 2022 and a return on equity of 247.14%. The company’s products are sold through its network of dealers and distributors in the United States, Canada, and Europe. The company was founded in 1971 and is headquartered in Kingston, Ontario, Canada.
– Maiden Lane Jewelry Ltd ($OTCPK:MDNL)
Maiden Lane Jewelry Ltd is a jewelry company with a market cap of 5.77M as of 2022. The company has a Return on Equity of -27.96%. The company designs, manufactures, and sells jewelry products.
– Malibu Boats Inc ($NASDAQ:MBUU)
Malibu Boats is a leading manufacturer of recreational boats in the United States. The company has a market cap of 980.44 million as of 2022 and a return on equity of 27.7%. Malibu Boats designs, manufactures, markets, and sells recreational powerboats under the Malibu and Axis brand names. The company offers a range of boat models, including wakeboard boats, ski boats, and performance boats. Malibu Boats also manufactures boats for the US Coast Guard and the US Navy.
Summary
MASTERCRAFT BOAT has recently reported its third quarter fiscal year 2023 financial results, ending on March 31, 2023. Revenue for the quarter was USD 166.8 million, a 10.7% decrease compared to the same period of the previous year. Net income was reported at USD 22.5 million, up 7.5% compared to the same quarter of the previous year. On the day of its release, the stock price moved downward. Investors should evaluate the financial performance of MASTERCRAFT BOAT against its peers and industry trends to make informed decisions about investing in the company.
Additionally, they should consider the current macroeconomic environment and future expected earnings growth rate when assessing MASTERCRAFT BOAT’s overall financial outlook.
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