MASTERCRAFT BOAT HOLDINGS, INC. (MCFT) vs Thor Industries, Inc. (THO)

MASTERCRAFT BOAT HOLDINGS, INC. and Thor Industries, Inc. are both Recreational Vehicles companies. Thor Industries, Inc. is the larger, with a market value of $3.7B against $495.8M — 7.4× the size. MASTERCRAFT BOAT HOLDINGS, INC. has negative trailing earnings, so its P/E is not meaningful; Thor Industries, Inc. trades at 21.2×. MASTERCRAFT BOAT HOLDINGS, INC. grew revenue faster over the last twelve months: 22.8% against 0.30%. Thor Industries, Inc. has the higher net margin (1.85% vs −0.48%) and the higher return on invested capital (2.65% vs −0.21%). Across the 21 metrics below, Thor Industries, Inc. leads on 13 and MASTERCRAFT BOAT HOLDINGS, INC. on 8.

Valuation

Metric MCFT THO Recreational Vehicles median
P/E n/m 21.23 17.55
P/S 1.01 0.39 0.53
P/B 0.93 0.89 0.91
Price to free cash flow 15.79 15.96 10.77
EV/EBITDA 28.98 8.91 9.09
EV/Sales 1.04 0.43 0.63
Earnings yield (0.10%) 4.71% 0.15%
Free cash flow yield 6.33% 6.27% 6.30%

Profitability

Metric MCFT THO Recreational Vehicles median
Gross margin 22.87% 12.62% 22.03%
Operating margin (0.32%) 2.05% 0.17%
Net margin (0.48%) 1.85% (0.15%)
Free cash flow margin 6.41% 2.46% 4.02%
Return on equity (0.59%) 4.15% 0.16%
Return on assets (0.44%) 2.53% 0.10%
Return on invested capital (0.21%) 2.65% 0.16%

Growth

Metric MCFT THO Recreational Vehicles median
Revenue growth (TTM) 22.77% 0.30% 4.05%
EPS growth (last fiscal year) (123.26%) (30.85%) —
Revenue growth, 5-year CAGR (5.62%) (4.85%) 4.29%
Net income growth, 5-year CAGR 0.00% (23.09%) 0.00%

Health

Metric MCFT THO Recreational Vehicles median
Debt to equity 0.00 0.20 0.48
Current ratio 1.56 1.77 1.81
Net debt to EBITDA (3.50) 0.83 0.53

Dividend

Metric MCFT THO Recreational Vehicles median
Dividend yield — 1.21% 1.87%
Payout ratio 0.00 0.26 0.05

Size

Metric MCFT THO Recreational Vehicles median
Market cap 495.79m 3.66b 628.11m

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