Maytronics (MTRN) AI Stock Analysis

• Market Cap: 409.01M
• Dividend Yield: 9.81%
• Average Volume (3M): 156.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: -14.49%
• EPS Growth: -398.74%
• Country: IL
• Employees: 1,193
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Consumer Electronics
• EPS (TTM): -36.70
• Shares Outstanding: 109,741,760
• 10 Day Avg. Volume: 126,196
• 30 Day Avg. Volume: 156,459
• PEG Ratio: 0.24
• Price to Book (P/B): 1.55
• Price to Sales (P/S): 0.63
• P/FCF Ratio: 28.18
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: 371.00 ▼(-6.88% Downside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenue and high leverage. Technical analysis indicates a bearish trend, and valuation metrics suggest the stock is undervalued but risky due to negative earnings. Strong cash flow growth offers a potential recovery path, but strategic improvements are necessary.

Positive Factors

Free Cash Flow Growth

A 282% rise in free cash flow is a durable strength: it increases financial flexibility to service debt, invest in R&D and product cycles, and fund working capital without relying on external financing, supporting multi-quarter operational recovery efforts.

Brand and Product Leadership

Maytronics' longstanding recognition and flagship Dolphin robotic cleaners provide durable competitive advantage. Product reputation supports pricing power, aftermarket sales, and customer retention, helping sustain market share in residential and commercial pool maintenance over many quarters.

Diverse Revenue Streams & Distribution

A mix of initial unit sales, replacement parts and after-sales services plus a broad dealer/retailer network creates recurring revenue and lifetime customer value. This distribution and aftermarket mix supports steadier cash flows and margin resilience over several quarters.

Negative Factors

Declining Revenue Trend

Material revenue decline reduces scale economies and undermines margin recovery. Sustained top-line contraction over multiple quarters pressures profitability, limits reinvestment capacity, and makes it harder to leverage the brand and distribution network for long-term growth.

High Financial Leverage

A debt/equity of 1.42 is a structural risk: elevated interest and refinancing exposure can constrain capital allocation, reduce flexibility for strategic investments, and magnify downside in cyclical demand, limiting multi-quarter recovery prospects.

Negative Profitability and Margin Pressure

Negative net and EBIT margins with falling gross margins signal structural cost or pricing pressure. Persisting negative profitability erodes retained earnings, hinders reinvestment, and may force product, pricing, or cost restructuring to restore sustainable margins over several quarters.

Maytronics Business Overview & Revenue Model

Company Description

Maytronics Ltd. engages in the development, production, marketing, distribution, and technical support of swimming pool equipment in Israel, North America, Europe, Oceania, and internationally. It offers robotic pool cleaners for residential and commercial pools under the Dolphin name; and pool alarms, a swimming pool safety alarm system under the Aqualarm, Sensor Premium, and Sensor Espio names. The company also provides pool covers, including above water, in water, and solar operated mechanisms under the AQUAlife name; water-powered motor for pool covers; and computer-aided drowning detection systems. In addition, it offers in and above ground solar pool heaters; and swimming pool glass filter media, as well as other supplementary products for the swimming pool water treatment. The company sells its products through distributors. The company was founded in 1983 and is headquartered in Jezreel Valley, Israel. Maytronics Ltd. is a subsidiary of Kibbutz Yizre'el Holdings 2004 ACS Ltd.

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 is facing financial challenges, with declining revenue and profitability impacting its income statement. The balance sheet shows increased leverage, which could be risky if earnings do not improve. Cash flow issues further compound these challenges, indicating a need for strategic adjustments to improve financial health.

Income Statement

Maytronics has experienced a decline in revenue and profitability over the TTM period. The gross profit margin has decreased from previous years, and the company is currently operating at a net loss. The negative revenue growth rate and declining EBIT and EBITDA margins indicate challenges in maintaining profitability.

Balance Sheet

The company's debt-to-equity ratio has increased, indicating higher leverage, which could pose a risk if not managed properly. The return on equity has turned negative, reflecting recent losses. However, the equity ratio remains stable, suggesting a balanced asset structure.

Cash Flow

Maytronics has seen a significant decline in free cash flow growth, and the operating cash flow to net income ratio is low, indicating cash flow challenges. The free cash flow to net income ratio suggests some ability to cover net losses, but overall cash flow performance has weakened.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.44B	1.63B	1.89B	1.79B	1.41B	1.08B
Gross Profit	452.27M	586.16M	789.92M	718.31M	593.26M	451.35M
EBITDA	81.85M	142.23M	336.20M	354.17M	345.63M	248.28M
Net Income	-111.66M	-34.15M	148.25M	218.30M	224.01M	154.28M
Balance Sheet
Total Assets	1.84B	2.09B	2.18B	2.09B	1.44B	1.07B
Cash, Cash Equivalents and Short-Term Investments	142.89M	104.67M	148.76M	138.51M	257.40M	244.82M
Total Debt	848.63M	1.05B	995.82M	876.64M	458.20M	290.16M
Total Liabilities	1.15B	1.37B	1.34B	1.35B	850.42M	582.92M
Stockholders Equity	628.91M	660.96M	758.22M	674.08M	547.06M	451.49M
Cash Flow
Free Cash Flow	199.09M	36.39M	53.84M	-334.12M	39.29M	175.89M
Operating Cash Flow	263.90M	129.54M	164.38M	-216.75M	131.84M	244.99M
Investing Cash Flow	-98.09M	-129.19M	-133.88M	-130.63M	-108.56M	-78.72M
Financing Cash Flow	-146.58M	-49.79M	-25.41M	217.40M	11.20M	-12.02M

Maytronics Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 398.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 398.4 is below the 20-day moving average (MA) of 399.41, below the 50-day MA of 412.77, and below the 200-day MA of 438.54, indicating a bearish trend. The MACD of -10.78 indicates Positive momentum. The RSI at 44.23 is Neutral, neither overbought nor oversold. The STOCH value of 28.61 is Neutral, 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
NTO	72 Outperform	916.21M	12.19	―	―	8.20%	-12.69%
CAST	66 Neutral	1.33B	12.50	―	22.30%	9.88%	-2.72%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
HLMS	59 Neutral	692.51M	20.78	―	5.30%	7.70%	-34.56%
GLRS	56 Neutral	637.20M	10.13	―	6.97%	―	―
MTRN	49 Neutral	409.01M	-3.85	―	9.81%	-14.49%	-398.74%
TDRN	47 Neutral	1.36B	-22.92	―	0.76%	1.87%	-227.03%