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MPX
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Marine Products Corporation (MPX)

Upturn stock ratingUpturn stock rating
$9.02
Last Close (24-hour delay)
Profit since last BUY0.67%
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Consider higher Upturn Star rating
BUY since 15 days
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Upturn Advisory Summary

09/12/2025: MPX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

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 -21.86%
Avg. Invested days 32
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/12/2025

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

ai summary icon Upturn AI SWOT

Marine Products Corporation

stock logo

Company Overview

overview logo History and Background

Marine Products Corporation was founded in 1965. It began as a fiberglass boat manufacturer and has grown through acquisitions and organic development to become a leading manufacturer of fiberglass boats.

business area logo Core Business Areas

  • Fiberglass Boats: Manufactures and sells recreational fiberglass boats, including sterndrive and outboard powered boats under the Chaparral and Robalo brands.

leadership logo Leadership and Structure

Rick A. Hubbell serves as the Chief Executive Officer. The company operates with a functional organizational structure with departments such as sales, manufacturing, engineering, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Chaparral Boats: Chaparral offers a diverse line of boats, including sterndrive, jet, and outboard models. Chaparral is considered a market leader in sterndrive boats. Market share information is proprietary and varies by model. Competitors include Brunswick Corporation (BC), Malibu Boats (MBUU), and MasterCraft Boat Holdings (MCFT).
  • Robalo Boats: Robalo specializes in saltwater fishing boats, including center consoles, dual consoles, and walkarounds. Market share information is proprietary. Competitors include Boston Whaler (owned by Brunswick Corporation) and Grady-White Boats (private).

Market Dynamics

industry overview logo Industry Overview

The recreational boating industry is cyclical and impacted by economic conditions, consumer confidence, and interest rates. Demand for boats has been strong in recent years but is showing signs of moderating.

Positioning

Marine Products Corporation is positioned as a premium boat manufacturer with a focus on quality, innovation, and customer satisfaction. They primarily compete in the sterndrive and saltwater fishing boat segments.

Total Addressable Market (TAM)

The global recreational boat market is projected to reach hundreds of billions USD. Marine Products Corporation is well-positioned to capture a portion of this TAM with its established brands and diverse product offerings.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation (Chaparral and Robalo)
  • Extensive dealer network
  • Innovative product designs
  • Solid financial performance

Weaknesses

  • Dependence on economic cycles
  • Concentration in specific boat segments
  • Exposure to raw material price fluctuations
  • Seasonality of sales

Opportunities

  • Expanding into new boat segments
  • Increasing international sales
  • Developing electric boat technology
  • Acquiring complementary businesses

Threats

  • Economic downturns
  • Increased competition
  • Rising interest rates
  • Changes in consumer preferences

Competitors and Market Share

competitor logo Key Competitors

  • BC
  • MBUU
  • MCFT

Competitive Landscape

Marine Products Corporation competes with larger and smaller boat manufacturers. They have a strong brand reputation, but are smaller than Brunswick. Malibu and MasterCraft are focused on different segments.

Growth Trajectory and Initiatives

Historical Growth: Marine Products Corporation's historical growth has been driven by product innovation, market share gains, and acquisitions.

Future Projections: Future growth is projected to be moderate, driven by demand and market conditions.

Recent Initiatives: Focuses on new product development and increasing dealer presence.

Summary

Marine Products Corporation is a strong player in the recreational boating industry, with well-regarded brands and a solid dealer network. Its dependence on economic cycles remains a key risk. Innovation and expansion into new market segments are crucial for future growth. The competitive landscape is intense, requiring continual product improvements and strategic marketing.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings, industry reports, analyst estimates

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Market conditions are continuously changing. Consult a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.