Marine Products Corporation Common Stock (MPX)

FairStock Score: 47/100 — MIXED

Key Financials

Current Price$8.18
Market Cap$277M
P/E Ratio40.9
ROE5.82%
Dividend Yield6.85%
SectorConsumer Cyclical

AI Analysis

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

As a Graham-Buffett investor, I start with the business. Marine Products builds fiberglass powerboats—Chaparral and Robalo—sold through dealers. That is a discretionary, cyclical business, and in the first quarter of 2026, revenue was $66.5 million but net income was -$2.1 million, a -3.10% margin. The latest quarter's loss tells me the cycle is biting. There may be brand equity and a dealer network, but I cannot call that a wide moat when customers can defer boat purchases and competitors can price aggressively.

In plain English: Marine Products builds fiberglass powerboats such as Chaparral and Robalo. In the first quarter of 2026, it had $66.5 million of sales but lost $2.1 million, so the business looks weak right now. At the 2026-05-14 closing price of $8.18, the shares look expensive compared with the company's recent profits and net assets, even though the dividend is high.

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

Data as of 2026-05-14 close · note generated 2026-10-15 · model deepseek-flash

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