MPX Valuation - Is Marine Products Corp Over or Undervalued?

Comprehensive analysis of Marine Products Corp valuation metrics including P/E, P/B, P/S, and EV/EBITDA ratios

-6 min read-View Full Analysis

Current Stock Price

$9.12

Market Cap

$0.30B

Valuation Date

Jan 21, 2026

Valuation Verdict

=

Fairly Valued

Based on valuation multiples, MPX appears reasonably priced relative to fundamentals. Metrics show balanced valuation.

Key Valuation Metrics

These four fundamental valuation ratios help determine if MPX is trading at a fair price relative to its earnings, assets, revenue, and cash flow generation.

P/E Ratio (Price-to-Earnings)
Good
22.58x
Near market average
Investors pay $22.58 for every $1 of annual earnings
P/B Ratio (Price-to-Book)
High
2.62x
Moderate premium
Stock trades at 2.62x its book value per share
P/S Ratio (Price-to-Sales)
Good
1.45x
Low relative to sales
Market values each $1 of revenue at $1.45
EV/EBITDA
High
16.73x
Premium valuation
Enterprise value is 16.73x EBITDA

How to Interpret These Metrics

P/E Ratio: Lower P/E often indicates better value, but compare against industry peers. High-growth companies typically have higher P/E ratios. Market average is 15-20x.
P/B Ratio: Values below 1.0 suggest the stock trades below its net asset value, which could indicate undervaluation or fundamental problems. Technology companies often trade at higher P/B ratios.
P/S Ratio: Useful for unprofitable companies or comparing revenue efficiency. Lower is generally better, but high-margin businesses can justify higher P/S ratios.
EV/EBITDA: Accounts for debt and excludes non-cash expenses, making it ideal for comparing companies with different capital structures. Values under 10x often indicate good value.

How MPX Compares to Peers

What This Means for Investors

Balanced Valuation

Marine Products Corp (MPX) appears fairly valued based on current multiples. This balanced valuation suggests the stock is priced appropriately relative to its fundamentals. For investors, this means the stock may be suitable for those seeking exposure to Consumer Discretionary without taking on significant valuation risk in either direction.

Bullish Considerations

  • Attractive price-to-sales multiple

Bearish Considerations

  • High EV/EBITDA suggests premium valuation

Complete Your Analysis

Valuation is just one piece of the puzzle. Get the complete picture of MPX with our comprehensive analysis tools.

Frequently Asked Questions

What is MPX's P/E ratio and what does it mean?

MPX has a P/E (Price-to-Earnings) ratio of 22.58. This means investors are paying $22.58 for every $1 of annual earnings. A lower P/E generally suggests better value, but it's important to compare against industry peers and growth prospects. The market average P/E is typically 15-20x.

Is MPX stock overvalued or undervalued?

Based on our analysis of key valuation metrics (P/E, P/B, P/S, EV/EBITDA), MPX appears fairly valued. Based on valuation multiples, MPX appears reasonably priced relative to fundamentals. Metrics show balanced valuation. However, valuation is just one factor to consider alongside growth prospects, competitive position, and market conditions.

What is a good P/E ratio for MPX?

There's no single "good" P/E ratio as it varies by industry and growth stage. For Marine Products Corp, compare the current P/E of 22.58 against: (1) Industry peers, (2) Historical average P/E for MPX, (3) Expected earnings growth rate. High-growth companies often justify higher P/E ratios, while mature companies typically trade at lower multiples.

How do I use valuation ratios to make investment decisions?

Valuation ratios are screening tools, not buy/sell signals. Use them to: (1) Compare MPX against competitors, (2) Identify potential over/undervaluation, (3) Understand what you're paying for earnings, assets, or sales. Combine valuation analysis with fundamental research, growth prospects, and technical analysis for comprehensive decision-making.

What is EV/EBITDA and why does it matter?

EV/EBITDA (Enterprise Value to EBITDA) is 16.73 for MPX. This ratio is useful because it accounts for debt and excludes non-cash expenses, making it better for comparing companies with different capital structures. Lower EV/EBITDA generally indicates better value. It's particularly useful for comparing companies in capital-intensive industries.

Disclaimer: This valuation analysis is for informational and educational purposes only and should not be considered investment advice. Valuation metrics are just one factor in investment decisions. Always conduct comprehensive research and consult with a qualified financial advisor before making investment decisions. Past performance and current valuations do not guarantee future results.

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