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Upturn AI SWOT - About
Marine Products Corporation (MPX)
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Upturn Advisory Summary
06/30/2025: 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.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $8
1 Year Target Price $8
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -16.51% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
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 |
Analyst Ratings
Rating - | Target Price 8 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Marine Products Corporation
Company Overview
History and Background
Marine Products Corporation was founded in 1965. It has grown to become a leading manufacturer of fiberglass boats, primarily under the Chaparral and Robalo brands. Through strategic acquisitions and product innovation, it has expanded its market presence and product offerings.
Core Business Areas
- Chaparral Boats: Manufactures and distributes Chaparral sterndrive and outboard powered boats, recognized for their quality and innovation.
- Robalo Boats: Manufactures and distributes Robalo outboard powered boats, known for their fishing and family-friendly designs.
Leadership and Structure
Richard A. Hubbell serves as the Chief Executive Officer. The company operates with a functional organizational structure, with departments focusing on manufacturing, sales, marketing, finance, and engineering.
Top Products and Market Share
Key Offerings
- Chaparral Sterndrive Boats: Offers a range of sterndrive boats known for luxury and performance. Chaparral has a significant market share in the sterndrive segment, estimated around 10-15%. Key competitors include Brunswick Corporation (BC) and Malibu Boats (MBUU).
- Market Share (%): 12.5
- Market Share (%): 7.5
- Robalo Outboard Boats: Produces outboard boats targeted towards fishing and recreational activities. Robalo holds an estimated 5-10% market share in the outboard segment. Key competitors include Brunswick Corporation (BC) and Yamaha Motor Co., Ltd. (YAMHF).
Market Dynamics
Industry Overview
The recreational boating industry is cyclical, influenced by economic conditions, consumer confidence, and interest rates. Demand for boats is affected by disposable income and leisure spending patterns.
Positioning
Marine Products Corporation is positioned as a premium boat manufacturer focused on quality and innovation. Its brands cater to different segments of the recreational boating market, providing a diverse product portfolio.
Total Addressable Market (TAM)
The global recreational boating market is estimated to be around $40 billion. Marine Products Corporation's TAM is limited to the segments in which it participates (sterndrive and outboard boats), but its strong brand reputation and distribution network provide a solid foundation for growth.
Upturn SWOT Analysis
Strengths
- Strong brand recognition (Chaparral and Robalo)
- Diversified product portfolio
- Extensive dealer network
- Commitment to innovation and quality
Weaknesses
- Cyclical business model
- Dependence on economic conditions
- Exposure to raw material price fluctuations
- Limited international presence
Opportunities
- Expansion into new geographic markets
- Development of new boat models and technologies
- Acquisitions of complementary businesses
- Increased focus on sustainable boating practices
Threats
- Economic downturns
- Increased competition
- Rising interest rates
- Changes in consumer preferences
Competitors and Market Share
Key Competitors
- BC
- MBUU
- YAMHF
Competitive Landscape
Marine Products Corporation competes on product quality, innovation, and brand reputation. Its competitive advantages include a strong dealer network and a diversified product portfolio. Disadvantages include its smaller size compared to larger competitors like Brunswick Corporation.
Major Acquisitions
Blackfin Boats
- Year: 2018
- Acquisition Price (USD millions): 7.6
- Strategic Rationale: Expansion of product portfolio and market reach, particularly in the center console fishing boat market.
Growth Trajectory and Initiatives
Historical Growth: Marine Products Corporation's growth has been driven by product innovation, strategic acquisitions, and expansion into new markets.
Future Projections: Future growth projections will depend on macro economic conditions and management's execution of key strategic initiatives.
Recent Initiatives: Recent initiatives include product line expansion, increased focus on digital marketing, and investment in manufacturing efficiency.
Summary
Marine Products Corporation exhibits strengths in brand recognition and product diversity but faces cyclical demand. The company is expanding its offerings and market reach which is important for future growth. Careful economic management and competitive vigilance will be key factors. Overall, it has established itself and looks for continued profitability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Marine Products Corporation Investor Relations
- Industry Reports
- Market Research Reports
Disclaimers:
The data provided 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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