Added to YB: 2025-02-10
Pitch date: 2025-01-18
MBUU [bullish]
Malibu Boats, Inc.
-37.03%
current return
Author Info
No bio for this author
Company Info
Malibu Boats, Inc. designs, manufactures, markets, and sells various recreational powerboats. The company operates through four segments: Malibu, Saltwater Fishing, Cobalt, and Saxdor.
Market Cap
$452.8M
Pitch Price
$36.02
Price Target
60.00 (+165%)
Dividend
N/A
EV/EBITDA
7.66
P/E
268.73
EV/Sales
0.61
Sector
Leisure Products
Category
growth
MBUU: High quality stock in a turning industry
MBUU: Leading boat maker at 6x norm FCF. 30% EPS CAGR since 2015. 40% rev drop, but positive income. No debt, $10M qtr buybacks. Mkt pricing 50% peak vol, 0% growth. Proj 62% vol recovery by 2028. New CEO, margin recovery to 14.5%. $60 2Y target (70% upside). Risks: prolonged downturn, affordability.
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