MPX
MPX 1-star rating from Upturn Advisory

Marine Products Corporation (MPX)

Marine Products Corporation (MPX) 1-star rating from Upturn Advisory
$9.47
Last Close (24-hour delay)
Profit since last BUY4.99%
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BUY since 16 days
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Upturn Advisory Summary

01/09/2026: MPX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -23.52%
Avg. Invested days 32
Today’s Advisory Consider higher Upturn Star rating
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Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 01/09/2026

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 304.11M USD
Price to earnings Ratio 20.23
1Y Target Price 8
Price to earnings Ratio 20.23
1Y Target Price 8
Volume (30-day avg) -
Beta 0.86
52 Weeks Range 7.37 - 10.26
Updated Date 06/29/2025
52 Weeks Range 7.37 - 10.26
Updated Date 06/29/2025
Dividends yield (FY) 6.44%
Basic EPS (TTM) 0.43

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 6.84%
Operating Margin (TTM) 4.43%

Management Effectiveness

Return on Assets (TTM) 5.01%
Return on Equity (TTM) 11.13%

Valuation

Trailing PE 20.23
Forward PE -
Enterprise Value 247009354
Price to Sales(TTM) 1.34
Enterprise Value 247009354
Price to Sales(TTM) 1.34
Enterprise Value to Revenue 1.09
Enterprise Value to EBITDA 13.43
Shares Outstanding 34955400
Shares Floating 11293055
Shares Outstanding 34955400
Shares Floating 11293055
Percent Insiders 75.16
Percent Institutions 15.88

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Marine Products Corporation

Marine Products Corporation(MPX) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Marine Products Corporation was founded in 1948. It is a manufacturer of fiberglass boats. The company has grown through organic expansion and a focus on product innovation in the recreational boating industry. It has established a reputation for quality and durability in its product lines.

Company business area logo Core Business Areas

  • Recreational Boats: Marine Products Corporation designs, manufactures, and markets a variety of fiberglass recreational boats under several well-known brands. These boats cater to different segments of the boating market, including fishing, cruising, and watersports.

leadership logo Leadership and Structure

The company is led by a management team responsible for its strategic direction and operational execution. Specific leadership details and the exact organizational structure are best found in their latest annual reports or investor relations materials.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Fish/Ski Boats: These versatile boats are designed for both fishing and watersports, offering features like live wells, rod storage, and ample seating. Competitors include brands like Boston Whaler, Sea Ray, and Yamaha.
  • Cuddy/Cabin Boats: These boats provide enclosed cabin space for overnight stays or protection from the elements, suitable for cruising and day trips. Competitors include brands like Regal, Chaparral, and Formula.
  • Center Console Boats: Popular for fishing, these boats offer 360-degree access to the water and a central helm station. Competitors include brands like Grady-White, Contender, and Scout Boats.

Market Dynamics

industry overview logo Industry Overview

The recreational boating industry is cyclical and influenced by consumer confidence, economic conditions, interest rates, and disposable income. It is also subject to regulatory changes and environmental concerns. The market is highly competitive.

Positioning

Marine Products Corporation positions itself as a manufacturer of high-quality, durable fiberglass boats. Its competitive advantages often stem from brand reputation, dealer network, and product innovation within its chosen segments.

Total Addressable Market (TAM)

The total addressable market for recreational boats is substantial, measured in billions of dollars globally. Marine Products Corporation's position within this TAM is significant within its specific niche segments, but it is one of many players in the broader market.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition and reputation for quality
  • Established dealer network
  • Experienced management team
  • Focus on specific, profitable boat segments

Weaknesses

  • Reliance on discretionary consumer spending
  • Vulnerability to economic downturns
  • Competition from larger, more diversified marine manufacturers

Opportunities

  • Growth in specific boating segments (e.g., fishing, watersports)
  • Expansion into new geographical markets
  • Development of new boat models and technologies
  • Increased consumer interest in outdoor recreation

Threats

  • Economic recessions impacting consumer spending
  • Rising raw material and manufacturing costs
  • Increasing competition and pricing pressures
  • Unfavorable regulatory changes or environmental policies

Competitors and Market Share

Key competitor logo Key Competitors

  • Brunswick Corporation (BC)
  • Polaris Inc. (PII)
  • Malibu Boats, Inc. (MBUU)

Competitive Landscape

Marine Products Corporation's advantages lie in its niche focus and product quality. Disadvantages include its smaller scale compared to industry giants like Brunswick, which can leverage greater economies of scale and broader brand portfolios. The competitive landscape is characterized by innovation, pricing strategies, and distribution network strength.

Growth Trajectory and Initiatives

Historical Growth: The company has demonstrated a history of consistent growth, driven by product development and market penetration within its core segments. Growth rates can vary based on industry cycles and economic conditions.

Future Projections: Future growth projections are typically based on analyst estimates, company guidance, and market trends. These projections would consider new product launches, market expansion, and overall economic outlook.

Recent Initiatives: Recent initiatives may include the introduction of new boat models, enhancements to existing lines, investments in manufacturing efficiency, or strategic partnerships to broaden market reach.

Summary

Marine Products Corporation is a well-established manufacturer of fiberglass recreational boats with a strong reputation. Its core strength lies in its quality products and dealer network. However, it faces challenges from economic cyclicality and competition from larger players. Continued innovation and strategic market positioning will be crucial for its sustained success.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Investor Relations Websites
  • Reputable Financial News Outlets
  • Industry Market Research Reports

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. All data is subject to change and may be approximate. Investors should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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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.