Massimo Group Common Stock (MAMO)

FairStock Score: 50/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for understandable businesses selling below intrinsic value. Massimo is understandable—UTVs, ATVs, e-bikes, pontoon boats for rural and commercial customers—but it is a small, cyclical recreational vehicle maker with 100 employees and no obvious moat. The filed record is volatile: fiscal year 2023, ended 2023-12-31, had revenue $115.0M and net income $10.4M; fiscal year 2024, ended 2024-12-31, had revenue $109.3M and net income $1.8M; fiscal year 2025, ended 2025-12-31, had revenue $71.8M and net income $1.5M. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $14.9M and net income was $1.5M, a sharp improvement from fiscal Q2 2025, the quarter ended 2025-06-30, when net income was $77,679, but sales were lower. Fiscal Q1 2026, the quarter ended 2026-03-31, produced a $1.0M net loss, so the trend is not smooth. Financial health is adequate: debt/equity 0.35, Piotroski 7/9, Altman Z 2.28, and trailing free cash flow $2.8M. FairStock calculations at the 2026-10-13 close of $0.94 show P/E 9.40, P/B 1.62, FCF yield 7.1%, Graham Number $1.14, and margin of safety 17.54%. That is not demanding if earnings persist, but revenue growth is -21.13% and ROCE 6.82% is modest. With a $39.1M market cap, I would call this a possible cyclical cigar butt—cheap enough to study, not a franchise.

In plain English: Massimo makes and sells off-road vehicles, electric bikes, and pontoon boats, mostly for rural, farm, and commercial customers. The business is small and sales have fallen from earlier years, but it returned to a clear profit in the latest reported quarter and produces some cash. At $0.94 on 2026-10-13, the price looks inexpensive compared with its reported earnings and accounting value, though the company is tied to economic ups and downs and the market seems unsure about its growth.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K/A (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer