Marine Products Corporation (MPX) Financial Ratios
28 years of historical data (1998–2025) · Consumer Cyclical · Auto - Recreational Vehicles
EV/EBITDA
↑
13.78
↑+36% vs avg
5yr avg: 10.13
30Y Low4.7·High48.9
P/FCF
↑
18.77
↑+51% vs avg
5yr avg: 12.39
30Y Low8.2·High62.0
P/B Ratio
↓
2.29
↓-23% vs avg
5yr avg: 2.95
30Y Low1.7·High8.1
ROE
↓
9.0%
↑-63% vs avg
5yr avg: 24.0%
30Y Low-12%·High39%
Debt/EBITDA
↑
N/A
—
5yr avg: 0.01
30Y Low0.0·High0.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MPX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Marine Products Corporation trades at 24.8x earnings, 57% above its 5-year average of 15.8x, sitting at the 54th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a premium of 17%. On a free-cash-flow basis, the stock trades at 18.8x P/FCF, 51% above the 5-year average of 12.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $280M | $306M | $310M | $383M | $394M | $416M | $493M | $490M | $584M | $444M | $525M |
| Enterprise Value | $237M | $263M | $258M | $311M | $351M | $402M | $462M | $471M | $575M | $436M | $522M |
| P/E Ratio → | 24.79 | 26.55 | 18.34 | 9.42 | 9.97 | 14.71 | 25.96 | 17.78 | 20.37 | 23.16 | 31.52 |
| P/S Ratio | 1.15 | 1.25 | 1.31 | 1.00 | 1.03 | 1.40 | 2.06 | 1.68 | 1.96 | 1.66 | 2.18 |
| P/B Ratio | 2.29 | 2.45 | 2.40 | 2.53 | 3.16 | 4.23 | 5.84 | 6.35 | 7.76 | 6.38 | 8.02 |
| P/FCF | 18.77 | 20.52 | 12.44 | 8.21 | 8.40 | — | 17.76 | 15.53 | 28.32 | 16.30 | 37.78 |
| P/OCF | 17.01 | 18.60 | 10.50 | 6.74 | 7.98 | 911.16 | 16.51 | 14.46 | 25.64 | 14.98 | 33.16 |
P/E links to full P/E history page with 30-year chart
MPX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Marine Products Corporation's enterprise value stands at 13.8x EBITDA, 36% above its 5-year average of 10.1x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 13% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.08 | 1.09 | 0.81 | 0.92 | 1.35 | 1.93 | 1.61 | 1.93 | 1.63 | 2.16 |
| EV / EBITDA | 13.78 | 15.31 | 12.24 | 6.03 | 6.53 | 10.53 | 17.55 | 13.00 | 15.46 | 13.94 | 21.38 |
| EV / EBIT | 16.86 | 16.67 | 14.22 | 6.60 | 6.77 | 11.06 | 18.96 | 13.79 | 16.25 | 14.66 | 22.66 |
| EV / FCF | — | 17.61 | 10.34 | 6.67 | 7.48 | — | 16.63 | 14.91 | 27.89 | 16.02 | 37.59 |
MPX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Marine Products Corporation earns an operating margin of 5.7%, above the Consumer Cyclical sector average of 2.0%. Operating margins have compressed from 12.8% to 5.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 9.0% is modest. ROIC of 13.3% represents solid returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.1% | 19.1% | 19.2% | 23.6% | 24.6% | 22.9% | 22.4% | 22.4% | 22.2% | 22.1% | 20.9% |
| Operating Margin | 5.7% | 5.7% | 7.7% | 12.8% | 13.6% | 12.2% | 10.2% | 11.7% | 11.9% | 11.1% | 9.6% |
| Net Profit Margin | 4.7% | 4.7% | 7.5% | 10.9% | 10.6% | 9.7% | 8.1% | 9.7% | 9.5% | 7.2% | 6.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.0% | 9.0% | 12.7% | 30.2% | 36.2% | 31.7% | 24.0% | 37.1% | 39.3% | 28.6% | 21.5% |
| ROA | 7.1% | 7.1% | 9.7% | 23.2% | 27.2% | 23.0% | 17.3% | 27.5% | 29.0% | 20.9% | 16.8% |
| ROIC | 13.3% | 13.3% | 17.5% | 45.7% | 46.8% | 39.7% | 33.0% | 41.3% | 41.3% | 35.8% | 23.8% |
| ROCE | 10.1% | 10.1% | 11.2% | 31.4% | 40.6% | 34.2% | 26.3% | 40.1% | 44.4% | 40.3% | 27.4% |
MPX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $44M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
| Debt / EBITDA | — | — | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
| Net Debt / Equity | — | -0.35 | -0.41 | -0.47 | -0.35 | -0.14 | -0.37 | -0.25 | -0.12 | -0.11 | -0.04 |
| Net Debt / EBITDA | -2.53 | -2.53 | -2.49 | -1.39 | -0.80 | -0.37 | -1.20 | -0.54 | -0.24 | -0.25 | -0.11 |
| Debt / FCF | — | -2.92 | -2.10 | -1.54 | -0.92 | — | -1.13 | -0.62 | -0.42 | -0.28 | -0.19 |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($44M) exceeds total debt ($0)
MPX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Marine Products Corporation's current ratio of 5.37x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.71x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 6.17x to 5.37x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.37 | 5.37 | 5.81 | 6.17 | 5.30 | 5.15 | 3.72 | 4.16 | 3.56 | 2.80 | 3.00 |
| Quick Ratio | 2.71 | 2.71 | 3.17 | 3.44 | 2.20 | 1.10 | 1.76 | 1.72 | 0.98 | 0.84 | 0.56 |
| Cash Ratio | 2.11 | 2.11 | 2.77 | 3.19 | 1.83 | 0.78 | 1.46 | 1.16 | 0.64 | 0.53 | 0.39 |
| Asset Turnover | — | 1.66 | 1.38 | 1.96 | 2.33 | 2.24 | 2.01 | 2.79 | 2.96 | 2.79 | 2.73 |
| Inventory Turnover | 3.61 | 3.61 | 3.82 | 4.76 | 3.93 | 3.14 | 4.40 | 5.46 | 4.97 | 5.48 | 4.49 |
| Days Sales Outstanding | — | 13.55 | 7.12 | 2.70 | 5.14 | 4.01 | 7.16 | 9.39 | 5.29 | 5.14 | 1.69 |
MPX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Marine Products Corporation returns 7.2% to shareholders annually — split between a 6.9% dividend yield and 0.4% buyback yield. The payout ratio exceeds 100% at 172.1%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 4.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.9% | 6.4% | 14.1% | 5.0% | 4.3% | 3.8% | 2.7% | 4.0% | 3.0% | 2.6% | 1.8% |
| Payout Ratio | 172.1% | 172.1% | 245.0% | 46.3% | 42.3% | 53.8% | 69.7% | 70.0% | 60.6% | 59.6% | 55.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.0% | 3.8% | 5.5% | 10.6% | 10.0% | 6.8% | 3.9% | 5.6% | 4.9% | 4.3% | 3.2% |
| FCF Yield | 5.3% | 4.9% | 8.0% | 12.2% | 11.9% | — | 5.6% | 6.4% | 3.5% | 6.1% | 2.6% |
| Buyback Yield | 0.4% | 0.3% | 0.3% | 0.2% | 0.2% | 0.3% | 0.5% | 1.7% | 1.3% | 1.5% | 6.6% |
| Total Shareholder Yield | 7.2% | 6.7% | 14.4% | 5.3% | 4.5% | 4.0% | 3.3% | 5.8% | 4.2% | 4.1% | 8.4% |
| Shares Outstanding | — | $35M | $34M | $34M | $33M | $33M | $34M | $34M | $35M | $35M | $38M |
Peer Comparison
Compare MPX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MPXYou | $280M | 24.8 | 13.8 | 18.8 | 19.1% | 5.7% | 9.0% | 13.3% | — |
 BC | $5B | -40.2 | 30.0 | 13.7 | 24.8% | -0.7% | -7.8% | -0.8% | 9.6 |
 MBUU | $535M | 35.9 | 8.7 | 18.7 | 17.8% | 2.7% | 2.8% | 3.2% | 0.4 |
 MCFT | $379M | 54.2 | 16.8 | 14.4 | 20.0% | 4.0% | 3.8% | 4.4% | — |
 HZO | $770M | -24.4 | 12.1 | 64.5 | 32.5% | 4.5% | -3.3% | 3.8% | 8.2 |
 ONEW | $188M | -1.6 | 13.1 | 2.4 | 21.7% | 3.3% | -33.9% | 3.6% | 11.5 |
 PII | $4B | -8.7 | 21.1 | 7.2 | 18.5% | -0.4% | -43.6% | -0.8% | 6.0 |
 HOG | $3B | 9.2 | 5.8 | 6.9 | 30.2% | 8.6% | 10.7% | 5.0% | 6.2 |
 DOOO | $2B | -31.1 | 6.3 | 10.4 | 22.7% | 7.0% | -40.2% | 12.8% | 3.2 |
 PATK | $3B | 22.4 | 10.1 | 11.8 | 23.1% | 7.0% | 11.7% | 7.6% | 3.7 |
 WGO | $809M | 31.5 | 12.9 | 9.0 | 13.0% | 2.0% | 2.1% | 2.6% | 6.2 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 28 years · Updated daily
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MPX — Frequently Asked Questions
Quick answers to the most common questions about buying MPX stock.
What is Marine Products Corporation's P/E ratio?
Marine Products Corporation's current P/E ratio is 24.8x. The historical average is 24.8x. This places it at the 54th percentile of its historical range.
What is Marine Products Corporation's EV/EBITDA?
Marine Products Corporation's current EV/EBITDA is 13.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.4x.
What is Marine Products Corporation's ROE?
Marine Products Corporation's return on equity (ROE) is 9.0%. The historical average is 18.8%.
Is MPX stock overvalued?
Based on historical data, Marine Products Corporation is trading at a P/E of 24.8x. This is at the 54th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Marine Products Corporation's dividend yield?
Marine Products Corporation's current dividend yield is 6.85% with a payout ratio of 172.1%.
What are Marine Products Corporation's profit margins?
Marine Products Corporation has 19.1% gross margin and 5.7% operating margin.