Business ResilienceThe company's deep vertical integration, strong dealer network, and flexible cost structure provide resilience, while new initiatives like MBI Acceptance and supplier adjacencies offer incremental upside.
Industry LeadershipMBUU stands out as an industry leader with ample capacity, strong incremental FCF, and a net cash balance sheet, positioning it well for earnings and cash flow leverage in the next upcycle.
Market PositioningMBUU launched a marine component group which can supply boat OEMs, dealers, and consumers, effectively leveraging its downstream vertical integration to be a key supplier in the market.