Malibu Boats Intrinsic Value Calculation – MALIBU BOATS Shines with Non-GAAP EPS and Revenue Beating Estimates

🌧️Trending News

MALIBU BOATS ($NASDAQ:MBUU), Inc. is a leading boat manufacturer in the United States, with a strong focus on providing a great experience for watersport enthusiasts. Recently, the company reported quarterly financial results that exceeded analyst estimates. Revenue also came in above expectations, totaling $255.8M, a beat of $12.42M. The impressive results by Malibu Boats can be mainly attributed to strong demand for its boats, in both recreational and competition settings. This quarter marked the company’s sixth consecutive quarter of revenue growth. The company’s stock price has also seen a surge in recent months, as investors recognize its success in the boating industry.

Malibu Boats’ success is indicative of the strong demand for recreational activities amid the pandemic. As people were locked down in their homes, many sought out activities like boating to pass the time. The strong demand for boating has been a great boon to companies like Malibu Boats, which have been able to capitalize on the trend with their innovative and well-crafted boats. The company’s success is a testament to its commitment to providing its customers with an unforgettable boating experience and its ability to capitalize on the pandemic-induced trend of recreational activities.

Earnings

MALIBU BOATS recently released its earning report of FY2023 Q4 as of June 30 2021, showing a positive result in comparison to market analysts’ estimations. MALIBU BOATS earned 276.72M USD in total revenue and 33.73M USD in net income for the quarter, beating the estimates.

However, compared to the same quarter the previous year, both total revenue and net income decreased by 21.7% and 29.6% respectively. Despite this short-term dip, MALIBU BOATS has seen significant growth in the past three years from 276.72M USD to 372.3M USD in total revenue. This is indicative of the continued success and steady growth of the company.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Malibu Boats. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Malibu Boats. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Malibu Boats. More…

Key Ratios Snapshot

Some of the financial key ratios for Malibu Boats are shown below. More…

Market Price

The stock opened at $44.0 and closed at $43.6, down by 3.3% from last closing price of 45.1. Not only did the company exceed market expectations, but they also managed to improve their financial outlook for the future. This strong performance from MALIBU BOATS reflects their commitment to providing quality boats and other products that meet their customers’ needs. Furthermore, their strong financial performance is a demonstration of the company’s dedication to creating a sustainable business model that can withstand changing market conditions.

Overall, MALIBU BOATS’ non-GAAP earnings per share and revenue beat analysts’ estimates, leading to a decline in the stock price despite the positive news. Despite the decrease in stock price, the company’s strong financial performance is an indication of their successful strategies and resilient business model. Live Quote…

Analysis – Malibu Boats Intrinsic Value Calculation

At GoodWhale, we believe that understanding a company’s financial wellbeing is essential for making informed decisions about investments. This is why we have performed an analysis of MALIBU BOATS‘ financial wellbeing. After thorough examination and research, our proprietary Valuation Line has determined that the fair value of MALIBU BOATS’ share is around $81.6. At the time of writing, MALIBU BOATS’ stock is trading at $43.6, which is 46.6% lower than its fair value. This indicates that MALIBU BOATS’ stock is currently undervalued and may present a lucrative investment opportunity. More…

Peers

With the ever-growing popularity of boating, Malibu Boats Inc has seen a lot of competition in recent years from companies such as Marine Products Corp, Samsonite International SA, and Ford Motor Co. While all these companies offer different products, they are all vying for a share of the market.

– Marine Products Corp ($NYSE:MPX)

As of 2022, Marine Products Corporation had a market cap of 290.34 million and a return on equity of 24.62%. The company is involved in the design, manufacture, and sale of recreational boats and related accessories. It offers a range of boat types, including bowriders, cuddies, deck boats, fish and ski boats, and others. Marine Products Corporation operates through a network of dealers and distributors in the United States and Canada.

– Samsonite International SA ($SEHK:01910)

Samsonite International SA is a world leader in the design and manufacture of luggage, travel bags and accessories. Founded in 1910, the company has a rich history of innovation and craftsmanship. Today, Samsonite operates in over 100 countries and employs more than 10,000 people. The company’s products are sold in over 10,000 retail stores worldwide. Samsonite’s market cap is 25.59B as of 2022 and its ROE is 10.69%. The company is a publicly traded company listed on the Hong Kong Stock Exchange.

– Ford Motor Co ($NYSE:F)

The company’s market cap is 50.17B as of 2022. The company’s ROE is 23.7%. The company manufactures and sells automobiles and commercial vehicles under the Ford brand. The company also manufactures and sells luxury vehicles under the Lincoln brand.

Summary

Investing in Malibu Boats proved to be a successful decision for stockholders as the company recently reported non-GAAP earnings of $1.13 per share, beating market expectations by $0.21. Revenue of $255.8 million also beat forecasts by $12.42 million. Despite these strong results, the stock price moved down the same day, indicating that investors remain wary of the company’s outlook and fundamentals. With strong earnings and revenues, Malibu Boats appears to be well-positioned for future growth and could be a lucrative investment for those who are willing to take a risk.