Maui Land & Pineapple Company (MLP) AI Stock Analysis

• Market Cap: $361.27M
• Dividend Yield: N/A
• Average Volume (3M): 20.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.04
• Revenue Growth: 57.16%
• EPS Growth: -372.16%
• Country: US
• Employees: 15
• Sector: Real Estate
• Sector Strength: 52
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 19,741,655
• 10 Day Avg. Volume: 30,189
• 30 Day Avg. Volume: 20,319
• 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: 0.51
• 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: 54 Neutral
• Price Target: $18.00 ▼(-1.64%Downside)

The overall stock score reflects significant financial challenges, particularly in profitability and cash flow, which are major concerns. The positive technical indicators provide some support, but the negative valuation metrics limit upside potential.

Maui Land & Pineapple Company Business Overview & Revenue Model

Company Description

Maui Land & Pineapple Company, Inc. (MLP) is a Hawaii-based company primarily engaged in the development, sale, and management of real estate. The company focuses on managing its assets and operations in the Kapalua Resort, a premier destination located on the northwest coast of Maui. MLP's operations are organized into three primary segments: Real Estate, Leasing, and Utilities. The Real Estate segment involves the development and sale of land and property. The Leasing segment includes leasing commercial and residential properties, while the Utilities segment provides water and sewage services to the properties within the resort area.

How the Company Makes Money

Maui Land & Pineapple Company generates revenue primarily through its Real Estate segment by developing and selling residential, agricultural, and commercial properties. This includes selling parcels of land and developed properties within the Kapalua Resort. The Leasing segment provides a steady stream of income through leasing agreements for commercial and residential spaces. Additionally, the Utilities segment contributes to the company's revenue by providing essential services like water and sewage management to the resort and surrounding areas. The company also benefits from strategic partnerships and collaborations that enhance the value and appeal of its properties, thus supporting its overall revenue model.

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
EBITDA	-13.08M	-5.87M	-1.42M	2.84M	-1.79M	-1.15M
Net Income	-14.66M	-7.39M	-3.08M	1.79M	-3.20M	-2.27M
Balance Sheet
Total Assets	47.23M	50.14M	42.22M	42.41M	37.92M	38.47M
Cash, Cash Equivalents and Short-Term Investments	7.88M	9.52M	8.37M	10.93M	5.60M	869.00K
Total Debt	3.08M	3.25M	1.74M	4.58M	4.66M	200.00K
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: 18.30
• 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 MLP, the sentiment is Positive. The current price of 18.3 is above the 20-day moving average (MA) of 17.62, above the 50-day MA of 16.42, and below the 200-day MA of 19.72, indicating a neutral trend. The MACD of 0.48 indicates Negative momentum. The RSI at 57.84 is Neutral, neither overbought nor oversold. The STOCH value of 69.66 is Neutral, 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	70 Outperform	$558.81M	14.61	8.36%	10.27%	-18.14%	-55.82%
RMAX	67 Neutral	$328.69M	19.03	2.01%	―	-4.61%	―
Sector *	63 Neutral	$6.99B	18.83	-1.16%	6.86%	4.65%	-25.28%
HOUS	59 Neutral	$424.86M	―	-6.84%	―	2.47%	-74.15%
TCI	55 Neutral	$386.00M	48.67	0.95%	―	-5.86%	59.60%
MLP	54 Neutral	$361.27M	―	-47.84%	―	57.16%	-372.16%

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.