Maytronics (MTRN) AI Stock Analysis

• Market Cap: 484.95M
• Dividend Yield: 9.28%
• Average Volume (3M): 156.46K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 1.37
• Revenue Growth: -16.14%
• EPS Growth: -261.85%
• Country: IL
• Employees: 1,193
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Consumer Electronics
• EPS (TTM): 10.60
• Shares Outstanding: 109,741,760
• 10 Day Avg. Volume: 126,196
• 30 Day Avg. Volume: 156,459
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: 444.00 ▲(4.74% Upside)

The overall score is primarily impacted by financial performance challenges, including declining revenue and profitability, increased leverage, and cash flow issues. Technical analysis provides a neutral outlook with some positive momentum, while valuation concerns are mitigated by a high dividend yield.

Maytronics Business Overview & Revenue Model

Company Description

Maytronics Ltd. (MTRN) is a leading global company specializing in the development and manufacturing of robotic pool cleaning solutions. Founded in 1983, the company operates primarily in the consumer goods sector, focusing on residential and commercial swimming pool maintenance. Maytronics is renowned for its innovative products, such as the Dolphin series of robotic pool cleaners, which are designed to enhance the efficiency and effectiveness of pool cleaning while reducing manual labor for users. The company markets its products worldwide, catering to both individual pool owners and pool maintenance professionals.

How the Company Makes Money

Maytronics generates revenue primarily through the sale of its robotic pool cleaners and related accessories. The company's revenue model is based on direct sales to consumers, as well as distribution through a network of dealers and retailers across various international markets. Key revenue streams include the initial sale of robotic cleaners, replacement parts, and additional products such as pool covers and maintenance tools. Additionally, Maytronics benefits from after-sales services, warranty extensions, and potential subscription models for software updates and maintenance. Significant partnerships with pool retailers and service companies enhance its market reach and contribute to sustained earnings growth.

Maytronics Financial Statement Overview

Summary

Maytronics faces significant challenges with declining revenues and negative profitability in recent periods. The financial leverage is high, which could impact financial stability. However, cash flow management remains robust, providing some resilience. Overall, the company needs to address its revenue and profitability issues to improve financial health.

Income Statement

Maytronics shows a declining revenue trend with a significant drop from 2023 to TTM. Gross profit margins have decreased from 41.8% in 2023 to 35.4% in TTM, indicating cost pressures. Net income turned negative in recent periods, reflecting challenges in profitability. EBIT and EBITDA margins have also fallen, further highlighting reduced operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 1.73 in TTM, reflecting increased leverage which could pose financial risks. Stockholders' equity has decreased, affecting the equity ratio, which stands at 29.4%. Return on equity is negative due to negative net income, indicating underperformance.

Cash Flow

Operating cash flow has shown improvement in TTM, but free cash flow growth remains moderate. The operating cash flow to net income ratio indicates strong cash generation despite net losses, suggesting cash flow management is a relative strength.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.52B	1.63B	1.89B	1.79B	1.41B	1.08B
Gross Profit	537.32M	586.16M	789.92M	718.31M	593.26M	451.35M
EBITDA	140.58M	142.23M	309.46M	354.17M	333.93M	256.08M
Net Income	-60.30M	-34.15M	148.25M	218.30M	224.01M	154.28M
Balance Sheet
Total Assets	2.32B	2.09B	2.18B	2.09B	1.44B	1.07B
Cash, Cash Equivalents and Short-Term Investments	163.73M	104.67M	148.76M	138.51M	257.40M	244.82M
Total Debt	1.18B	1.05B	995.82M	876.64M	458.20M	290.16M
Total Liabilities	1.58B	1.37B	1.34B	1.35B	850.42M	582.92M
Stockholders Equity	681.41M	660.96M	758.22M	674.08M	547.06M	451.49M
Cash Flow
Free Cash Flow	81.27M	36.39M	53.84M	-334.12M	39.29M	175.89M
Operating Cash Flow	165.41M	129.54M	164.38M	-216.75M	131.84M	244.99M
Investing Cash Flow	-120.27M	-129.19M	-133.88M	-130.63M	-108.56M	-78.72M
Financing Cash Flow	3.78M	-49.79M	-25.41M	217.40M	11.20M	-12.02M

Maytronics Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 423.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:MTRN, the sentiment is Negative. The current price of 423.9 is below the 20-day moving average (MA) of 444.45, below the 50-day MA of 440.19, and below the 200-day MA of 561.10, indicating a bearish trend. The MACD of -3.20 indicates Positive momentum. The RSI at 41.01 is Neutral, neither overbought nor oversold. The STOCH value of 12.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:MTRN.

Maytronics Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HLMS	73 Outperform	771.70M	20.01	―	7.79%	9.24%	-20.24%
CAST	71 Outperform	1.59B	15.98	―	16.54%	―	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GLRS	56 Neutral	614.19M	8.81	―	8.87%	―	―
TDRN	54 Neutral	1.40B	―	―	0.64%	3.50%	-188.82%
MTRN	49 Neutral	484.95M	11.31	―	9.28%	-16.14%	-261.85%