Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
MPX
Upturn stock ratingUpturn stock rating

Marine Products Corporation (MPX)

Upturn stock ratingUpturn stock rating
$8.85
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/14/2025: MPX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit -22.38%
Avg. Invested days 34
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
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 08/14/2025

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 as a custom boat builder. It has evolved into a leading manufacturer of fiberglass boats, focusing on runabouts and cruisers.

business area logo Core Business Areas

  • Fiberglass Boats: The primary business segment, manufacturing and selling fiberglass boats under the Chaparral and Robalo brands. Chaparral focuses on sterndrive and outboard runabouts and cruisers, while Robalo specializes in offshore fishing boats.

leadership logo Leadership and Structure

The leadership team consists of seasoned executives with experience in the marine industry. The organizational structure includes sales, marketing, manufacturing, and finance departments.

Top Products and Market Share

overview logo Key Offerings

  • Chaparral Runabouts: Chaparral runabouts are known for their quality and design. Market share for runabouts is estimated at 5% across the total recreational boat market. Competitors include Brunswick Corporation (BC) and Malibu Boats (MBUU).
  • Robalo Offshore Fishing Boats: Robalo offshore fishing boats cater to anglers. Market share for offshore fishing boats is estimated at 4% across the total recreational boat market. Key competitors include Boston Whaler (owned by Brunswick Corporation) and Grady-White.

Market Dynamics

industry overview logo Industry Overview

The recreational boating industry is cyclical, influenced by economic conditions and consumer confidence. Demand is driven by leisure spending and outdoor activities.

Positioning

Marine Products Corporation is positioned as a premium boat manufacturer, known for quality and innovation. It has a strong dealer network and brand reputation.

Total Addressable Market (TAM)

The TAM for recreational boats is estimated at $40 billion annually. Marine Products Corporation is positioned to capture a small percentage of this, focusing on specific boat categories and customer segments.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Extensive dealer network
  • High-quality products
  • Financial stability

Weaknesses

  • Dependence on economic cycles
  • Concentrated product portfolio
  • Limited international presence

Opportunities

  • Expansion into new markets
  • Introduction of innovative products
  • Strategic acquisitions
  • Growing demand for recreational boating

Threats

  • Economic downturns
  • Increased competition
  • Rising material costs
  • Changing consumer preferences

Competitors and Market Share

competitor logo Key Competitors

  • Brunswick Corporation (BC)
  • Malibu Boats (MBUU)
  • MasterCraft Boat Holdings, Inc. (MCFT)

Competitive Landscape

Marine Products Corporation competes on quality, design, and innovation. Brunswick Corporation is a larger, more diversified competitor, while Malibu Boats focuses on performance boats. MasterCraft competes in the towboat segment.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been cyclical, driven by economic conditions and consumer spending.

Future Projections: Analyst estimates suggest moderate growth in revenue and earnings, driven by product innovation and market expansion.

Recent Initiatives: Recent initiatives include introducing new boat models, expanding the dealer network, and investing in marketing and brand building.

Summary

Marine Products Corporation is a well-established boat manufacturer with a solid brand and dealer network, but it is exposed to economic cycles. Its financial performance depends on consumer confidence and spending patterns. Continued innovation and expansion into new markets are crucial for future growth. They need to watch out for economic downturns.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and based on available industry reports. Financial data is subject to change.

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.