Maytronics (MTRN) AI Stock Analysis

• Market Cap: 442.37M
• Dividend Yield: 9.64%
• Average Volume (3M): 156.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.46
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: 435.00 ▼(-2.16% Downside)

Maytronics faces significant financial challenges with declining revenue and profitability, which is the most impactful factor. Technical analysis shows a bearish trend, while valuation metrics are mixed with a high dividend yield but negative P/E ratio. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Innovative Product Line

Maytronics' focus on innovation with products like the Dolphin series strengthens its market position by offering advanced solutions that reduce manual labor, appealing to both individual and professional users.

Global Market Reach

A broad international presence allows Maytronics to tap into diverse markets, reducing dependency on any single region and enhancing revenue stability through geographical diversification.

Strong Partnerships

Strategic partnerships with retailers and service providers expand distribution channels, boosting sales potential and reinforcing Maytronics' competitive edge in the pool cleaning industry.

Negative Factors

Declining Revenue

Decreasing revenue indicates potential issues in demand or competition, which could undermine long-term growth prospects and necessitate strategic adjustments to regain market share.

Increased Leverage

Higher leverage can strain financial resources, limiting flexibility and increasing risk, especially if revenue continues to decline, potentially impacting future investment capacity.

Cash Flow Challenges

Weak cash flow performance suggests difficulties in funding operations and investments internally, which could hinder growth initiatives and necessitate external financing.

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	1.42B	1.63B	1.89B	1.79B	1.41B	1.08B
Gross Profit	471.14M	586.16M	789.92M	718.31M	593.26M	451.35M
EBITDA	105.88M	142.23M	336.20M	354.17M	345.63M	248.28M
Net Income	-90.78M	-34.15M	148.25M	218.30M	224.01M	154.28M
Balance Sheet
Total Assets	2.02B	2.09B	2.18B	2.09B	1.44B	1.07B
Cash, Cash Equivalents and Short-Term Investments	106.96M	104.67M	148.76M	138.51M	257.40M	244.82M
Total Debt	963.07M	1.05B	995.82M	876.64M	458.20M	290.16M
Total Liabilities	1.29B	1.37B	1.34B	1.35B	850.42M	582.92M
Stockholders Equity	675.91M	660.96M	758.22M	674.08M	547.06M	451.49M
Cash Flow
Free Cash Flow	52.06M	36.39M	53.84M	-334.12M	39.29M	175.89M
Operating Cash Flow	122.31M	129.54M	164.38M	-216.75M	131.84M	244.99M
Investing Cash Flow	-103.47M	-129.19M	-133.88M	-130.63M	-108.56M	-78.72M
Financing Cash Flow	-62.67M	-49.79M	-25.41M	217.40M	11.20M	-12.02M

Maytronics Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 444.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• 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 Positive. The current price of 444.6 is above the 20-day moving average (MA) of 424.52, above the 50-day MA of 428.27, and below the 200-day MA of 485.34, indicating a neutral trend. The MACD of 4.80 indicates Negative momentum. The RSI at 58.24 is Neutral, neither overbought nor oversold. The STOCH value of 69.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	766.73M	19.88	―	8.07%	7.70%	-34.56%
NTO	70 Outperform	784.40M	8.90	―	―	7.73%	28.27%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
CAST	61 Neutral	1.70B	17.15	―	19.35%	9.88%	-2.72%
GLRS	56 Neutral	658.60M	9.44	―	6.40%	―	―
TDRN	54 Neutral	1.18B	―	―	0.72%	1.87%	-227.03%
MTRN	50 Neutral	442.37M	-4.79	―	9.64%	-14.49%	-398.74%