Maui Land & Pineapple Company (MLP) AI Stock Analysis

• Market Cap: $295.35M
• Dividend Yield: N/A
• Average Volume (3M): 18.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.24
• Revenue Growth: 73.49%
• EPS Growth: -130.52%
• Country: US
• Employees: 15
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.01
• Shares Outstanding: 19,742,780
• 10 Day Avg. Volume: 19,118
• 30 Day Avg. Volume: 18,357
• PEG Ratio: -0.42
• Price to Book (P/B): 12.98
• Price to Sales (P/S): 37.25
• P/FCF Ratio: -287.01
• Enterprise Value/Market Cap: 1.20
• Enterprise Value/Revenue: 19.36
• Enterprise Value/Gross Profit: 63.23
• Enterprise Value/Ebitda: -38.06
• 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: 46 Neutral
• Price Target: $15.50 ▼(-2.02% Downside)

The overall stock score is primarily influenced by financial performance challenges, including negative earnings and cash flow issues. Technical analysis indicates a bearish trend with weak momentum, and valuation concerns are heightened by a negative P/E ratio and lack of dividend yield. These factors collectively result in a lower stock score.

Positive Factors

Revenue Growth

The significant revenue growth suggests expanding market reach and effective business strategies, which could lead to improved financial stability and market position over time.

Sustainable Practices

Commitment to sustainability can enhance brand reputation and open new revenue streams, such as eco-tourism, aligning with growing consumer preference for environmentally responsible companies.

Low Leverage

A conservative use of leverage provides financial stability and flexibility, allowing the company to navigate economic fluctuations and invest in growth opportunities without excessive financial risk.

Negative Factors

Negative Earnings

Ongoing negative earnings can strain financial resources and limit the ability to reinvest in the business, potentially hindering long-term growth and competitiveness.

Cash Flow Challenges

Negative free cash flow indicates difficulties in generating sufficient cash after capital expenditures, which can impact the company's ability to fund operations and growth initiatives sustainably.

Inconsistent Profitability

Inconsistent profitability and negative net margins can undermine investor confidence and limit the company's ability to attract investment, impacting long-term financial health.

Maui Land & Pineapple Company Business Overview & Revenue Model

Company Description

Maui Land & Pineapple Company (MLP) is a diversified company based in Hawaii, primarily focused on agriculture, real estate, and resort development. The company historically grew pineapples, but has shifted its focus towards land development and real estate ventures on Maui, including luxury residential communities and commercial properties. MLP is dedicated to sustainable practices and aims to enhance the natural beauty of the island while providing high-quality living and recreational experiences.

How the Company Makes Money

MLP generates revenue through several key streams. Primarily, the company earns money from the sale and leasing of its real estate holdings, which include residential properties, commercial spaces, and resort developments. The transition from agriculture to real estate has allowed MLP to capitalize on the high demand for land in Maui. Additionally, the company may engage in partnerships with other firms to develop properties or manage resorts, further enhancing its income. MLP also benefits from the tourism sector, as its properties attract visitors, contributing to rental and service revenues. Overall, MLP's revenue model focuses on leveraging its land assets to create value through real estate development and strategic partnerships.

Maui Land & Pineapple Company Financial Statement Overview

Summary

Maui Land & Pineapple Company faces challenges in profitability and cash flow generation, despite some improvements in operating performance in 2024. The balance sheet remains relatively stable with low leverage, but the company needs to address its negative earnings and cash flow issues to enhance its financial health.

Income Statement

The company has shown inconsistent revenue trends, with a significant decline in revenue from 2022 to 2023 followed by a slight recovery in 2024. The gross profit margin is strong at 100% for 2024, but net income is negative, resulting in a negative net profit margin. EBIT margin improved significantly in 2024 compared to the previous year, but overall profitability remains a concern.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio, indicating a conservative use of leverage. The equity ratio is healthy, showing that a significant portion of assets is financed by equity. However, the return on equity is negative due to ongoing net losses, which is a concern for investor returns.

Cash Flow

Operating cash flow has improved in 2024 compared to 2023, but free cash flow remains negative, indicating challenges in generating cash after capital expenditures. The free cash flow to net income ratio is not meaningful due to negative net income, and the company has faced difficulties in maintaining positive cash flow over the years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	18.34M	11.56M	9.29M	20.96M	12.44M	7.54M
Gross Profit	5.62M	3.98M	2.74M	14.79M	6.84M	2.61M
EBITDA	-9.33M	-5.87M	-1.51M	3.94M	-1.79M	-1.82M
Net Income	-11.31M	-7.39M	-3.08M	1.79M	-3.42M	-2.60M
Balance Sheet
Total Assets	45.84M	50.14M	42.22M	42.41M	37.92M	38.47M
Cash, Cash Equivalents and Short-Term Investments	5.05M	9.52M	8.37M	10.93M	5.60M	869.00K
Total Debt	3.21M	3.25M	0.00	0.00	0.00	200.00K
Total Liabilities	12.12M	16.96M	7.52M	8.63M	14.33M	18.40M
Stockholders Equity	33.72M	33.18M	34.70M	33.77M	23.59M	20.07M
Cash Flow
Free Cash Flow	-3.00K	-1.50M	-1.99M	6.26M	1.36M	2.12M
Operating Cash Flow	-767.00K	370.00K	-1.37M	6.26M	1.39M	2.20M
Investing Cash Flow	-49.00K	-2.10M	-864.00K	-3.02M	4.10M	-517.00K
Financing Cash Flow	-396.00K	2.87M	-574.00K	-335.00K	-760.00K	-1.50M

Maui Land & Pineapple Company Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 15.82
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MLP, the sentiment is Neutral. The current price of 15.82 is above the 20-day moving average (MA) of 15.03, below the 50-day MA of 16.17, and below the 200-day MA of 16.94, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 55.58 is Neutral, neither overbought nor oversold. The STOCH value of 84.99 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MLP.

Maui Land & Pineapple Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMR	69 Neutral	$488.30M	14.74	7.39%	11.83%	-21.98%	-25.08%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
RMAX	64 Neutral	$268.43M	13.41	2.87%	―	-6.06%	―
FRPH	58 Neutral	$439.47M	94.49	1.09%	―	2.69%	-39.40%
TCI	53 Neutral	$382.55M	57.94	0.67%	―	0.13%	75.97%
MLP	46 Neutral	$295.35M	-21.38	-33.39%	―	73.49%	-130.52%

Maui Land & Pineapple Company Corporate Events

Maui Land & Pineapple Initiates Strategic Asset Review

On September 10, 2025, Maui Land & Pineapple Company announced a strategic review to explore the potential sale or lease of its water source and infrastructure assets, which began in early 2025. These assets are crucial for water supply in Maui, including the Pi‘iholo Well and other systems serving Lahaina and Kapalua. The review aims to enhance water security amid drought conditions and support other business priorities like housing development. A subcommittee led by Ken Ota, an expert in water systems, will oversee this process, although no timeline for completion has been set.

The most recent analyst rating on (MLP) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Maui Land & Pineapple Company stock, see the MLP Stock Forecast page.

Maui Land & Pineapple Reports Q2 2025 Results

Maui Land & Pineapple Company, Inc. (NYSE: MLP) is a company focused on the stewardship and development of its extensive land and commercial real estate portfolio in Hawai‘i, with a mission to enhance community resilience and economic stability through strategic land use and conservation efforts.