📊 MPX Key Takeaways
Is Marine Products Corp. (MPX) a Good Investment?
Marine Products Corp is currently unprofitable with negative operating margins (-4.1%) and poor capital returns (ROE -1.7%), despite modest revenue growth of 3.3% YoY and a strong balance sheet. While the company maintains excellent liquidity (3.84x current ratio) and positive free cash flow, the deteriorating EPS (-36% YoY) and low gross margins (16.6%) indicate fundamental operational challenges in a cyclical industry that require turnaround before the stock becomes investable.
Marine Products shows modest growth with improving net income and solid free cash flow, supported by a debt-free, cash-rich balance sheet and strong liquidity. However, margins remain thin and diluted EPS declined sharply, indicating per‑share pressure despite stable absolute earnings. Given cyclicality in discretionary marine demand, the setup looks balanced pending clearer margin expansion or per‑share improvement.
Why Buy Marine Products Corp. Stock? MPX Key Strengths
- Strong balance sheet with zero long-term debt and Debt/Equity of 0.00x providing financial flexibility
- Excellent liquidity position with $45.8M cash and 3.84x current ratio reducing bankruptcy risk
- Positive free cash flow of $8.6M despite operating losses demonstrates cash-generating capability from operations or working capital management
- Debt-free, cash-rich balance sheet
- Strong liquidity (current 5.37x; quick 2.71x)
- Consistent positive FCF with low capex
MPX Stock Risks: Marine Products Corp. Investment Risks
- Currently unprofitable with negative operating margin (-4.1%) and net margin (-3.1%), indicating structural cost challenges
- Deteriorating EPS (-36% YoY) despite improving net income suggests ongoing losses or dilution pressures
- Weak gross margin of 16.6% indicates pricing pressure or high cost structure that is difficult to sustain in competitive marine sector
- Sluggish revenue growth of 3.3% YoY insufficient to drive margin improvement or return to profitability
- Zero insider Form 4 filings in 90 days signals lack of management confidence in turnaround prospects
- Thin margins limit profit resilience
- Diluted EPS down 36% YoY (potential dilution/mix)
- Cyclical demand in recreational boating
Key Metrics to Watch
- Operating margin trajectory - must turn positive to validate turnaround thesis
- Gross margin expansion - critical indicator of pricing power or cost structure improvement
- Revenue growth rate acceleration - needs to exceed 5% YoY to support fixed cost absorption
- Return to GAAP profitability - essential milestone for operational viability
- Insider buying activity - would signal management confidence in recovery
- Gross margin trend
- Diluted share count and EPS quality
Marine Products Corp. (MPX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 3.84x current ratio provides a solid financial cushion.
MPX Profit Margin, ROE & Profitability Analysis
MPX vs Automotive Sector: How Marine Products Corp. Compares
How Marine Products Corp. compares to Automotive sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Marine Products Corp. Stock Overvalued? MPX Valuation Analysis 2026
Based on fundamental analysis, Marine Products Corp. has mixed fundamental signals relative to the Automotive sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Marine Products Corp. Balance Sheet: MPX Debt, Cash & Liquidity
MPX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Marine Products Corp.'s revenue has grown significantly by 29% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.21 reflects profitable operations.
MPX Revenue Growth, EPS Growth & YoY Performance
MPX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $59.0M | -$2.1M | $0.06 |
| Q3 2025 | $49.9M | $2.2M | $0.07 |
| Q2 2025 | $67.7M | $2.2M | $0.12 |
| Q1 2025 | $59.0M | $2.2M | $0.06 |
| Q3 2024 | $49.9M | $3.4M | $0.10 |
| Q2 2024 | $69.5M | $4.6M | $0.14 |
| Q1 2024 | $69.3M | $4.6M | $0.13 |
| Q3 2023 | $77.8M | $7.1M | $0.30 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Marine Products Corp. Dividends, Buybacks & Capital Allocation
MPX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Marine Products Corp. (CIK: 0001129155)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MPX
What is the AI rating for MPX?
Marine Products Corp. (MPX) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 71% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MPX's key strengths?
Claude: Strong balance sheet with zero long-term debt and Debt/Equity of 0.00x providing financial flexibility. Excellent liquidity position with $45.8M cash and 3.84x current ratio reducing bankruptcy risk. ChatGPT: Debt-free, cash-rich balance sheet. Strong liquidity (current 5.37x; quick 2.71x).
What are the risks of investing in MPX?
Claude: Currently unprofitable with negative operating margin (-4.1%) and net margin (-3.1%), indicating structural cost challenges. Deteriorating EPS (-36% YoY) despite improving net income suggests ongoing losses or dilution pressures. ChatGPT: Thin margins limit profit resilience. Diluted EPS down 36% YoY (potential dilution/mix).
What is MPX's revenue and growth?
Marine Products Corp. reported revenue of $66.5M.
Does MPX pay dividends?
Marine Products Corp. pays dividends, with $4.9M distributed to shareholders in the trailing twelve months.
Where can I find MPX SEC filings?
Official SEC filings for Marine Products Corp. (CIK: 0001129155) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MPX's EPS?
Marine Products Corp. has a diluted EPS of $-0.06.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MPX a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Marine Products Corp. has a SELL rating with 71% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is MPX stock overvalued or undervalued?
Valuation metrics for MPX: ROE of -1.7% (sector avg: 12%), net margin of -3.1% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.
Should I buy MPX stock in 2026?
Our dual AI analysis gives Marine Products Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MPX's free cash flow?
Marine Products Corp.'s operating cash flow is $9.1M, with capital expenditures of $496.0K. FCF margin is 12.9%.
How does MPX compare to other Automotive stocks?
Vs Automotive sector averages: Net margin -3.1% (avg: 6%), ROE -1.7% (avg: 12%), current ratio 3.84 (avg: 1.2).