MasterCraft Boat Holdings (MCFT) AI Stock Analysis

• Market Cap: $335.92M
• Dividend Yield: N/A
• Average Volume (3M): 99.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.02
• Revenue Growth: -41.66%
• EPS Growth: -123.04%
• Country: US
• Employees: 920
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Auto - Recreational Vehicles
• EPS (TTM): 0.30
• Shares Outstanding: 16,605,130
• 10 Day Avg. Volume: 105,745
• 30 Day Avg. Volume: 99,677
• PEG Ratio: 0.12
• Price to Book (P/B): 2.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.20
• Enterprise Value/Market Cap: 1.72
• Enterprise Value/Revenue: 0.46
• Enterprise Value/Gross Profit: 12.48
• Enterprise Value/Ebitda: 11.73
• 1Y Price Target: $18.00
• Price Target Upside: -11.02% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

• Rating: 71 Outperform
• Price Target: $21.50 ▲(6.28%Upside)

MasterCraft Boat Holdings' overall score reflects a strong technical outlook and a robust balance sheet but is tempered by valuation concerns and financial performance challenges. Improvements in profitability and operational efficiencies, coupled with effective inventory management, are positive, but the company must navigate macroeconomic headwinds and tariff uncertainties.

Positive Factors

Inventory Management

Management noted positive retail trends and significant progress against inventory reduction priorities.

Retail Growth

Unexpected retail growth boosts outlook, driving shares 27% higher.

Negative Factors

Financial Guidance

The destocking process is well underway, positioning the company well if retail continues to perform.

MasterCraft Boat Holdings Business Overview & Revenue Model

Company Description

MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through three segments: MasterCraft, NauticStar, and Crest. The MasterCraft segment produces recreational performance sport boats and luxury day boats under the MasterCraft and Aviara brands, which are used for water skiing, wakeboarding, and wake surfing, as well as general recreational boating. The NauticStar segment offers boats that are primarily used for saltwater fishing and general recreational boating. The Crest segment produces pontoon boats for use in general recreational boating. The company also offers ski/wake, outboard, and sterndrive boats, as well as various accessories, including trailers and aftermarket parts. It sells its boats under the MasterCraft, NauticStar, Crest, and Aviara brands through a network of independent dealers in North America and internationally. The company was formerly known as MCBC Holdings, Inc. and changed its name to MasterCraft Boat Holdings, Inc. in November 2018. MasterCraft Boat Holdings, Inc. was founded in 1968 and is based in Vonore, Tennessee.

How the Company Makes Money

MasterCraft Boat Holdings generates revenue primarily through the sale of its recreational powerboats. The company operates through a network of independent dealers who distribute its products across the United States and internationally. Key revenue streams include the sale of new boats, parts, and accessories. Additionally, MasterCraft offers financing and insurance services to customers, enhancing its revenue potential. Strategic partnerships with marine retailers and strong brand recognition contribute significantly to its earnings, along with a focus on innovation and customer satisfaction driving repeat business and enhancing market share.

MasterCraft Boat Holdings Financial Statement Overview

Summary

MasterCraft Boat Holdings presents a mixed financial picture. The balance sheet is strong with zero debt and growing stockholders' equity. However, the income statement shows declining revenue and profitability margins, while cash flow generation is inconsistent with recent struggles in free cash flow.

Income Statement

MasterCraft Boat Holdings has shown volatility in its revenue growth and profitability. While the company experienced a decrease in total revenue and net income in the TTM, it previously demonstrated positive revenue growth. The gross profit margin remains relatively stable, but the recent negative net income impacts overall profitability. Margins such as EBIT and EBITDA have been declining, indicating pressure on operational efficiency.

Balance Sheet

The company's balance sheet is relatively strong with zero debt in the latest period, resulting in a favorable debt-to-equity ratio. Stockholders' equity has shown growth, reflecting a strong equity position. However, the equity ratio has slightly declined over time. Overall, the balance sheet shows stability with a focus on maintaining low leverage.

Cash Flow

MasterCraft's cash flow statement indicates fluctuations in free cash flow, with recent negative figures in the TTM. Despite this, the operating cash flow to net income ratio remains positive, suggesting that the company is generating cash from operations. The free cash flow to net income ratio is a concern, but prior periods demonstrated positive free cash flow growth.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	271.87M	366.59M	662.05M	707.86M	525.81M	363.07M
Gross Profit	46.19M	67.10M	169.71M	162.36M	129.97M	75.36M
EBITDA	4.19M	24.60M	127.48M	125.93M	86.85M	-16.04M
Net Income	-6.72M	7.80M	68.94M	58.21M	56.17M	-24.05M
Balance Sheet
Total Assets	261.89M	317.98M	353.98M	297.05M	276.46M	207.92M
Cash, Cash Equivalents and Short-Term Investments	28.51M	86.24M	111.38M	34.20M	39.25M	16.32M
Total Debt	0.00	49.26M	56.38M	56.75M	93.14M	108.60M
Total Liabilities	79.62M	134.10M	161.89M	153.40M	168.67M	159.05M
Stockholders Equity	182.27M	183.68M	191.97M	143.65M	107.79M	48.87M
Cash Flow
Free Cash Flow	-1.71M	-3.86M	103.87M	57.49M	40.68M	15.96M
Operating Cash Flow	8.63M	12.50M	134.20M	73.31M	68.54M	30.20M
Investing Cash Flow	62.01M	-1.78M	-121.43M	-15.82M	-27.83M	-14.22M
Financing Cash Flow	-61.34M	-23.14M	-27.15M	-62.54M	-17.77M	-5.49M

MasterCraft Boat Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MCFT, the sentiment is Positive. The current price of 20.23 is above the 20-day moving average (MA) of 18.51, above the 50-day MA of 17.62, and above the 200-day MA of 18.15, indicating a bullish trend. The MACD of 0.58 indicates Negative momentum. The RSI at 69.65 is Neutral, neither overbought nor oversold. The STOCH value of 93.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MCFT.

MasterCraft Boat Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPX	72 Outperform	$318.09M	21.66	10.33%	6.15%	-32.30%	-58.15%
MCFT	71 Outperform	$335.92M	―	-1.50%	―	-41.66%	-123.04%
Sector *	67 Neutral	¥253.34B	13.18	6.44%	2.78%	5.06%	-11.83%
MBUU	59 Neutral	$667.27M	―	-1.68%	―	-27.18%	84.33%
ONEW	59 Neutral	$244.70M	―	-1.88%	―	-6.22%	91.93%
VEEE	46 Neutral	$4.92M	―	-54.97%	―	-57.48%	-27.43%
VMAR	44 Neutral	$7.60M	―	-80.86%	―	-55.43%	55.17%

MasterCraft Boat Holdings Corporate Events

MasterCraft Appoints New CFO Amid Strategic Transition

On April 7, 2025, MasterCraft Boat Holdings announced the retirement of its Chief Financial Officer, Timothy M. Oxley, effective December 31, 2025, and the appointment of Scott Kent as his successor, effective July 1, 2025. Mr. Oxley will serve as a special advisor during the transition period to ensure a smooth handover of responsibilities. Scott Kent, who has extensive experience in the marine industry and has been with MasterCraft since 2018, is expected to bring strong leadership and financial acumen to the role. The transition is part of the company’s strategic succession planning and aims to maintain its growth trajectory and value creation for shareholders.