MPX - Intrinsic Value and Financial Analysis - Marine Products Corporation

Marine Products Corporation MPX

Consumer Cyclical - Auto - Recreational Vehicles - NYSE - US

Watchlist

$ 9.7

-1.12 %

$ 337 M

Market Cap

18.3

P/E

BALANCE SHEET

194 M ASSETS

Growth Rates

1Year 18.38%

3Years 17.51%

5Years 13.95%

7Years 11.84%

10Years 6.60%

42.2 M LIABILITIES

Growth Rates

1Year 7.32%

3Years 6.54%

5Years 10.46%

7Years 9.01%

10Years 7.50%

152 M EQUITY

Growth Rates

1Year 21.87%

3Years 21.50%

5Years 15.05%

7Years 12.75%

10Years 6.37%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Marine Products Corporation

194 M ASSETS
42.2 M LIABILITIES

Current Assets	139 M
Cash & Short-Term Investments	72 M
Receivables	2.84 M
Other Current Assets	64.5 M
Non-Current Assets	54.6 M
Long-Term Investments	0
PP&E	22.5 M
Other Non-Current Assets	32.1 M

Current Liabilities	22.6 M
Accounts Payable	6.07 M
Short-Term Debt	0
Other Current Liabilities	16.5 M
Non-Current Liabilities	19.6 M
Long-Term Debt	220 K
Other Non-Current Liabilities	19.4 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998
ASSETS
Cash & Cash Equivalents	72.0	43.2	14.1	31.6	19.8	8.7	7.7	2.6	8.0	4.1	5.1	1.6	1.0	9.5	2.6	4.6	3.2	54.5	37.6	46.6	26.2	17.3	5.0	1.1	3.4	0
Short Term Investments	0	0	0	0	0	3.0	2.6	4.1	7.8	3.7	5.6	1.1	12.4	12.8	23.3	8.8	8.9	0.7	1.3	0.1	1.4	1.9	5.5	0	0	0
Receivables	2.8	5.4	3.3	4.7	7.5	4.3	3.8	1.1	2.1	2.5	1.6	2.2	2.2	1.7	7.6	8.0	4.9	3.8	6.2	2.2	5.0	1.5	1.2	1.7	1.4	0
Inventory	61.6	73.0	73.3	42.3	41.6	46.8	38.0	42.5	32.6	28.8	28.7	28.2	24.9	21.9	19.5	22.5	33.2	29.6	26.9	25.9	21.8	20.7	14.5	15.1	13.7	10.7
Other Current Assets	2.8	3.4	2.5	1.9	2.1	1.8	2.1	1.8	2.1	4.2	4.0	2.9	2.5	2.4	3.8	2.8	4.9	5.1	4.4	3.9	2.9	4.0	4.1	3.1	3.2	0
Total Current Assets	139.2	125.0	93.1	80.5	70.9	64.6	54.2	52.2	52.6	43.2	44.9	36.0	43.0	48.3	56.7	46.7	55.0	93.6	76.4	78.7	57.3	45.4	30.2	21.0	21.7	10.7
PP&E	22.5	15.0	14.4	14.9	14.8	14.6	14.2	13.3	12.8	9.9	11.3	11.5	11.9	12.4	13.3	14.6	15.9	16.6	17.3	18.4	17.8	16.2	14.2	9.8	6.7	5.8
Intangible Assets	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	3.7	3.8	3.8	3.9	3.9	4.0	0	0
Goodwill	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	3.3	0	0	0	0	1.7 K	0	4.7	0
Long Term Investments	0	0	13.3	12.4	7.6	4.7	10.4	5.2	27.1	33.8	30.9	35.8	41.7	30.0	16.1	0	0	0	0	(3.0)	0	(2.4)	0	0	0	0
Other Long Term Assets	19.7	14.0	3.9	3.7	3.7	9.9	9.7	8.8	10.0	9.9	8.1	6.7	7.2	5.1	5.1	42.3	42.9	8.7	10.3	8.9	7.4	5.6	8.2	68.7	55.0	(5.8)
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	61.1
Total Assets	193.8	163.7	132.8	119.4	104.8	100.9	95.9	88.5	110.7	103.8	102.2	97.3	110.8	102.8	98.2	110.3	118.7	124.2	108.8	109.7	86.3	71.1	56.5	103.4	88.2	77.6
LIABILITIES
Accounts Payable	6.1	8.2	6.8	6.1	3.9	4.7	5.4	5.2	3.7	3.6	5.6	4.2	3.0	1.9	2.0	1.4	4.6	3.5	3.5	6.2	2.7	3.4	2.4	2.9	2.4	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	15.8	13.0	9.8	14.3	12.9	13.0	13.1	11.8	9.4	8.9	8.2	7.6	7.7	8.6	8.7	12.3	14.3	13.6	11.6	10.5	8.6	8.3	7.4	7.6	6.9	0
Total Current Liabilities	22.6	23.6	18.1	21.7	17.0	18.2	19.4	17.4	13.8	13.2	14.0	13.2	10.7	10.5	10.7	13.7	18.9	17.1	15.1	16.8	11.4	13.6	9.9	10.5	9.2	0
Long Term Debt	0.2	0.2	17 K	70 K	0.1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Tax Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0.9	1.2	0.6	0.3	0.3	0.3	0
Other Liabilities	19.4	15.6	16.2	13.2	10.4	7.5	6.9	5.7	6.7	7.1	6.5	6.3	6.8	6.0	6.1	5.8	6.1	5.7	6.1	4.7	3.8	0	0	0	0	0
Total Liabilities	42.2	39.3	34.3	34.9	27.6	25.7	26.3	23.1	20.5	20.3	20.5	19.6	17.4	16.5	16.7	19.5	25.0	22.8	21.1	22.4	16.3	14.2	10.2	10.9	9.5	8.1
EQUITY
Common Stock	3.4	3.4	3.4	3.4	3.4	3.4	3.5	3.5	3.8	3.8	3.8	3.8	3.7	3.7	3.7	3.6	3.6	3.8	3.8	3.9	2.6	1.7	1.7	0	0	0
Retained Earnings	148.1	123.0	97.7	83.1	76.6	74.0	68.1	64.1	84.4	77.8	75.2	73.1	90.0	83.2	78.7	88.5	90.1	84.9	72.2	52.0	32.4	16.7	5.8	0	0	0
Other Accumulative Comprehensive Income/Loss	0	(2.0)	(2.6)	(1.9)	(2.7)	(2.2)	(2.0)	(2.2)	(1.9)	(2.0)	(0.9)	(1.6)	(1.5)	(1.0)	(0.9)	(1.4)	50 K	(0.7)	(4.6)	(2.8)	(0.7)	0.1	(8.1)	92.6	0	0
Total Equity	151.6	124.4	98.5	84.5	77.2	75.2	69.6	65.4	90.2	83.5	81.7	77.7	93.4	86.3	81.5	90.8	93.8	101.4	87.7	87.4	70.0	56.8	46.3	92.6	78.6	69.5
Total Liabilities and Equity	193.8	163.7	132.8	119.4	104.8	100.9	95.9	88.5	110.7	103.8	102.2	97.3	110.8	102.8	98.2	110.3	118.7	124.2	108.8	109.7	86.3	71.1	56.5	103.4	88.2	77.6
SHARES OUTSTANDING
Common Shares Outstanding	33.6	33.4	33.3	33.9	34.1	34.5	33.8	36.6	37.0	36.9	36.8	36.7	36.4	36.2	36.0	35.2	37.3	37.6	38.0	38.4	38.0	38.1	37.8	38.3	38.0	38.3

Balance Sheet

Premium Plan

Unlimited Plan