Maui Land & Pineapple Company (MLP) AI Stock Analysis

• Market Cap: $354.56M
• Dividend Yield: N/A
• Average Volume (3M): 19.71K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.95
• Revenue Growth: 57.16%
• EPS Growth: -372.16%
• Country: US
• Employees: 15
• Sector: Real Estate
• Sector Strength: 63
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 19,741,655
• 10 Day Avg. Volume: 16,273
• 30 Day Avg. Volume: 19,711
• PEG Ratio: -0.68
• Price to Book (P/B): 5.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 30.02
• Enterprise Value/Market Cap: 0.52
• Enterprise Value/Revenue: 3.67
• Enterprise Value/Gross Profit: 39.01
• Enterprise Value/Ebitda: -6.96
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 53 Neutral
• Price Target: $16.50 ▼(-7.36%Downside)

Maui Land & Pineapple Company's overall stock score reflects its current financial struggles, particularly with profitability and cash flow issues, despite a relatively stable balance sheet. Technical indicators provide a mixed view, with short-term momentum but long-term uncertainties. The valuation is constrained by negative earnings and lack of dividend yield, making the stock less attractive at the current time.

Maui Land & Pineapple Company Business Overview & Revenue Model

Company Description

Maui Land & Pineapple Company, Inc., together with its subsidiaries, develops, manages, and sells residential, resort, commercial, agricultural, and industrial real estate properties in the United States. It operates through Real Estate, Leasing, and Resort Amenities segments. The Real Estate segment is involved in the land planning and entitlement, development, and sale of its landholdings on Maui. This segment also provides licensed general brokerage services for properties in the Kapalua Resort and surrounding areas. The Leasing segment leases commercial, agricultural, and industrial land and properties; and licenses its registered trademarks and trade names, as well as provides stewardship and conservation services. This segment also operates ditches, reservoirs, and well systems that provide potable and non-potable water to West and Upcountry Maui areas. The Resort Amenities segment manages the operations of the Kapalua Club, a private non-equity club program that provides its members special programs, access, and other privileges at certain amenities at the Kapalua Resort. The company owns approximately 23,000 acres of land on the island of Maui, Hawaii. Maui Land & Pineapple Company, Inc. was founded in 1909 and is based in Lahaina, Hawaii.

How the Company Makes Money

Maui Land & Pineapple Company generates revenue through a combination of real estate development, leasing, and sales. The company develops residential and commercial properties, which are then sold or leased to generate income. Additionally, MLP earns money by managing and leasing its existing commercial properties. The company also engages in land management activities, which include the stewardship and potential sale of its extensive land holdings, thus contributing to its revenue. Strategic partnerships with developers and other real estate entities may also play a role in enhancing its revenue streams.

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
14.89M	11.56M	9.29M	20.96M	12.44M	7.54M
	Gross Profit
4.69M	3.98M	2.74M	14.79M	6.84M	2.61M
	EBIT
-7.73M	-7.35M	-4.97M	1.72M	-3.10M	-3.23M
	EBITDA
-13.08M	-5.87M	-1.42M	2.84M	-1.79M	-1.15M
	Net Income Common Stockholders
-14.66M	-7.39M	-3.08M	1.79M	-3.20M	-2.27M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.88M	9.52M	8.37M	10.93M	5.60M	869.00K
	Total Assets
47.23M	50.14M	42.22M	42.41M	37.92M	38.47M
	Total Debt
3.08M	3.25M	1.74M	4.58M	4.66M	200.00K
	Net Debt
-4.80M	-3.58M	-5.70M	-3.92M	-938.00K	-669.00K
	Total Liabilities
4.76M	16.96M	7.52M	8.63M	14.33M	18.40M
	Stockholders Equity
26.72M	33.18M	34.70M	33.77M	23.59M	20.07M
Cash Flow		Free Cash Flow
-1.15M	-1.50M	-1.99M	6.23M	1.36M	2.12M
	Operating Cash Flow
537.00K	370.00K	-1.37M	6.26M	1.39M	2.20M
	Investing Cash Flow
-667.00K	-2.10M	-864.00K	-3.02M	4.10M	-517.00K
	Financing Cash Flow
2.63M	2.87M	-574.00K	-335.00K	-760.00K	-1.50M

Maui Land & Pineapple Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.81
• 50DMA: Positive
• 100DMA: Positive
• 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 Positive. The current price of 17.81 is above the 20-day moving average (MA) of 16.31, above the 50-day MA of 15.88, and below the 200-day MA of 20.21, indicating a neutral trend. The MACD of 0.46 indicates Negative momentum. The RSI at 63.53 is Neutral, neither overbought nor oversold. The STOCH value of 88.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	72 Outperform	$515.46M	13.48	8.36%	11.13%	-18.14%	-55.82%
Sector *	61 Neutral	$2.86B	10.96	0.41%	6.08%	5.73%	-21.25%
RMAX	61 Neutral	$323.52M	19.17	2.01%	―	-4.61%	―
HOUS	60 Neutral	$437.16M	―	-6.84%	―	2.47%	-74.15%
TCI	59 Neutral	$340.48M	42.23	0.95%	―	-5.86%	59.60%
MLP	53 Neutral	$354.56M	―	-47.84%	―	57.16%	-372.16%
NEN		$259.05M	16.22		2.16%	―	―

Maui Land & Pineapple Company Corporate Events

Maui Land & Pineapple Holds Annual Stockholder Meeting

On May 21, 2025, Maui Land & Pineapple Company, Inc. held its annual meeting of stockholders, where several key proposals were voted on. The stockholders elected seven directors for one-year terms, approved the compensation of executive officers, decided on the annual frequency for future advisory votes on executive compensation, and amended the equity incentive plan to increase the number of shares reserved for issuance by 800,000. These decisions reflect the company’s ongoing governance and compensation strategies.