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MPX
Upturn stock rating

Marine Products Corporation (MPX)

Upturn stock rating
$8.6
Last Close (24-hour delay)
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PASS
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Upturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

10/20/2025: 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.

Analysis of Past Performance

Type Stock
Historic Profit -25.93%
Avg. Invested days 34
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/20/2025

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 designs, manufactures, and distributes recreational fiberglass boats primarily for the sport boat and cruiser markets. It has grown through organic expansion and strategic acquisitions.

business area logo Core Business Areas

  • Sport Boats: Designs and manufactures sterndrive and outboard-powered sport boats under the Chaparral and Robalo brands.
  • Cruisers: Manufactures larger sterndrive cruisers, also under the Chaparral brand.

leadership logo Leadership and Structure

Richard A. Hubbell serves as President and Chief Executive Officer. The company operates with a functional organizational structure, encompassing sales, marketing, manufacturing, and finance departments.

Top Products and Market Share

overview logo Key Offerings

  • Chaparral Sport Boats: A range of sterndrive and outboard sport boats known for innovation and quality. Market share data is fragmented across various boat segments, but Chaparral is a leading brand in its class. Competitors include Brunswick Corporation (BC) (Sea Ray) and Malibu Boats (MBUU).
  • Robalo Boats: Center console and dual console fishing boats. Robalo has a significant share in the saltwater fishing boat market. Competitors include Boston Whaler (BC) and Grady-White.
  • Chaparral Cruisers: Larger, more luxurious boats designed for overnight trips and extended cruising. Comparatively, it makes up less of their net sales as sport boats bring in more revenue. Competitors include Sea Ray (BC) and Regal Boats.

Market Dynamics

industry overview logo Industry Overview

The recreational boating industry is cyclical, influenced by economic conditions, consumer confidence, and fuel prices. It is also influenced by seasonal patterns.

Positioning

Marine Products Corporation is positioned as a premium boat manufacturer focusing on quality, innovation, and customer satisfaction. Its competitive advantage lies in its strong brand reputation and dealer network.

Total Addressable Market (TAM)

The global recreational boat market is estimated to be in the tens of billions of dollars. Marine Products Corporation captures a portion of this TAM through its established brands and market presence.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition (Chaparral and Robalo)
  • Extensive dealer network
  • Focus on innovation and quality
  • Solid financial performance
  • Strong management team

Weaknesses

  • Susceptibility to economic downturns
  • Dependence on recreational spending
  • Exposure to raw material price fluctuations
  • Seasonal sales patterns

Opportunities

  • Expanding into new markets
  • Developing new boat models
  • Increasing online sales
  • Acquiring complementary businesses
  • Capitalizing on increasing interest in boating

Threats

  • Economic recession
  • Increased competition
  • Rising fuel prices
  • Changes in consumer preferences
  • Environmental regulations

Competitors and Market Share

competitor logo Key Competitors

  • BC
  • MBUU
  • MCFT

Competitive Landscape

Marine Products competes on quality, innovation, and brand reputation. They are disadvantaged by being relatively smaller than some of their competitors.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is tied to industry cycles and Marine Products' ability to gain market share.

Future Projections: Analyst estimates vary. Requires access to financial analysis platforms for specific projections.

Recent Initiatives: Includes new product launches, dealership expansion, and operational improvements.

Summary

Marine Products Corporation is a solid player in the recreational boat market, leveraging strong brands and a quality focus. Its susceptibility to economic cycles poses a risk, while new product development offers growth opportunities. The competitive landscape is robust, requiring continued innovation to maintain market position. They manage their cash very well and use it for investment and acquisitions.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings (10-K, 10-Q), Company Website, Industry Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change.

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

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

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

Upturn 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.