📊 MPX Key Takeaways
Is MPX a Good Investment? Thesis Analysis
Marine Products demonstrates solid financial health with exceptional liquidity (5.37x current ratio), zero debt, and strong free cash flow generation ($14.9M). While profitability margins are modest (4.7% net margin), revenue growth and positive earnings momentum suggest operational stability in the cyclical marine manufacturing sector.
Why Buy MPX? Key Strengths
- Fortress balance sheet with $43.5M cash, zero long-term debt, and debt/equity of 0.00x
- Exceptional liquidity ratios (current 5.37x, quick 2.71x) providing financial flexibility
- Consistent cash generation with $14.9M free cash flow and 6.1% FCF margin
- Revenue growth of 3.3% YoY with net income growth of 4.7% YoY showing operational leverage
- Strong insider activity with 12 Form 4 filings in 90 days indicating management confidence
MPX Investment Risks to Consider
- Modest profitability margins (4.7% net, 5.7% operating) with limited pricing power in competitive marine sector
- Significant dilution reflected in 36% YoY EPS decline despite earnings growth, suggesting substantial share issuance
- Low ROE (9.1%) and ROA (7.7%) indicate inefficient capital deployment relative to equity base
- Cyclical industry exposure sensitive to discretionary consumer spending and economic downturns
- Gross margin of 19.1% suggests structural cost pressures or intense competitive dynamics
Key Metrics to Watch
- Gross margin trend - critical indicator of pricing power and manufacturing efficiency
- Revenue growth sustainability - monitor if 3.3% growth continues or decelerates
- Share dilution rate - track diluted share count given concerning EPS decline despite earnings growth
- Free cash flow conversion - ensure cash generation continues to support operations and returns
- Operating margin expansion - identify path to higher profitability in core business
MPX Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 5.37x current ratio provides a solid financial cushion.
MPX Profitability Ratios
MPX vs Default Sector
How MARINE PRODUCTS CORP compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is MPX Overvalued or Undervalued?
Based on fundamental analysis, MARINE PRODUCTS CORP has mixed fundamental signals relative to the Default 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.
MPX Balance Sheet & Liquidity
MPX 5-Year Financial Trend & Growth Analysis
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 Growth Metrics (YoY)
MPX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| 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 |
| Q2 2023 | $95.8M | $7.1M | $0.29 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
MPX Capital Allocation
MPX SEC 10-K & 10-Q Filing 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 an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are MPX's key strengths?
Claude: Fortress balance sheet with $43.5M cash, zero long-term debt, and debt/equity of 0.00x. Exceptional liquidity ratios (current 5.37x, quick 2.71x) providing financial flexibility.
What are the risks of investing in MPX?
Claude: Modest profitability margins (4.7% net, 5.7% operating) with limited pricing power in competitive marine sector. Significant dilution reflected in 36% YoY EPS decline despite earnings growth, suggesting substantial share issuance.
What is MPX's revenue and growth?
MARINE PRODUCTS CORP reported revenue of $244.4M.
Does MPX pay dividends?
MARINE PRODUCTS CORP pays dividends, with $19.6M 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 $0.32.
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 April 2026, MARINE PRODUCTS CORP has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is MPX stock overvalued or undervalued?
Valuation metrics for MPX: ROE of 9.1% (sector avg: 15%), net margin of 4.7% (sector avg: 12%). 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 BUY 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 $16.5M, with capital expenditures of $1.5M. FCF margin is 6.1%.
How does MPX compare to other Default stocks?
Vs Default sector averages: Net margin 4.7% (avg: 12%), ROE 9.1% (avg: 15%), current ratio 5.37 (avg: 1.8).