Maytronics (MTRN) AI Stock Analysis

• Market Cap: 465.09M
• Dividend Yield: 9.68%
• Average Volume (3M): 293.07K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 1.24
• Revenue Growth: -16.14%
• EPS Growth: -261.85%
• Country: IL
• Employees: 1,193
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Consumer Electronics
• EPS (TTM): 10.60
• Shares Outstanding: 109,741,760
• 10 Day Avg. Volume: 133,970
• 30 Day Avg. Volume: 293,070
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: 444.00
• Price Target Upside: -1.75% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: 444.00 ▼(-1.75% Downside)

Maytronics' overall stock score is primarily impacted by its financial challenges, including declining revenue and profitability, increased leverage, and cash flow issues. The technical analysis indicates neutral to bearish trends, while the valuation is mixed with a negative P/E ratio but a high dividend yield. These factors suggest caution for potential investors.

Maytronics Business Overview & Revenue Model

Company Description

Maytronics Ltd. engages in the development, production, marketing, distribution, and technical support of swimming pool equipment in Israel, North America, Europe, Oceania, and internationally. It offers robotic pool cleaners for residential and commercial pools under the Dolphin name; and pool alarms, a swimming pool safety alarm system under the Aqualarm, Sensor Premium, and Sensor Espio names. The company also provides pool covers, including above water, in water, and solar operated mechanisms under the AQUAlife name; water-powered motor for pool covers; and computer-aided drowning detection systems. In addition, it offers in and above ground solar pool heaters; and swimming pool glass filter media, as well as other supplementary products for the swimming pool water treatment. The company sells its products through distributors. The company was founded in 1983 and is headquartered in Jezreel Valley, Israel. Maytronics Ltd. is a subsidiary of Kibbutz Yizre'el Holdings 2004 ACS Ltd.

How the Company Makes Money

Maytronics generates revenue primarily through the sale of its robotic pool cleaners and associated pool care products. The company has established a strong brand presence with its Dolphin line, which is distributed globally through a network of retailers, distributors, and online channels. In addition to direct sales, Maytronics benefits from a recurring revenue stream through the sale of replacement parts, accessories, and maintenance services for its products. Strategic partnerships with pool builders, dealers, and service providers enhance its market reach and contribute to its revenue. The company also invests in continuous innovation, which helps maintain its competitive edge and attracts new customers, further supporting its revenue growth.

Maytronics Financial Statement Overview

Summary

Maytronics faces significant challenges with declining revenues and negative profitability in recent periods. The financial leverage is high, which could impact financial stability. However, cash flow management remains robust, providing some resilience. Overall, the company needs to address its revenue and profitability issues to improve financial health.

Income Statement

Maytronics shows a declining revenue trend with a significant drop from 2023 to TTM. Gross profit margins have decreased from 41.8% in 2023 to 35.4% in TTM, indicating cost pressures. Net income turned negative in recent periods, reflecting challenges in profitability. EBIT and EBITDA margins have also fallen, further highlighting reduced operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 1.73 in TTM, reflecting increased leverage which could pose financial risks. Stockholders' equity has decreased, affecting the equity ratio, which stands at 29.4%. Return on equity is negative due to negative net income, indicating underperformance.

Cash Flow

Operating cash flow has shown improvement in TTM, but free cash flow growth remains moderate. The operating cash flow to net income ratio indicates strong cash generation despite net losses, suggesting cash flow management is a relative strength.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.52B	1.63B	1.89B	1.79B	1.41B	1.08B
Gross Profit	537.32M	586.16M	789.92M	718.31M	593.26M	451.35M
EBITDA	140.58M	142.23M	309.46M	354.17M	333.93M	256.08M
Net Income	-60.30M	-34.15M	148.25M	218.30M	224.01M	154.28M
Balance Sheet
Total Assets	2.32B	2.09B	2.18B	2.09B	1.44B	1.07B
Cash, Cash Equivalents and Short-Term Investments	163.73M	104.67M	148.76M	138.51M	257.40M	244.82M
Total Debt	1.18B	1.05B	995.82M	876.64M	458.20M	290.16M
Total Liabilities	1.58B	1.37B	1.34B	1.35B	850.42M	582.92M
Stockholders Equity	681.41M	660.96M	758.22M	674.08M	547.06M	451.49M
Cash Flow
Free Cash Flow	81.27M	36.39M	53.84M	-334.12M	39.29M	175.89M
Operating Cash Flow	165.41M	129.54M	164.38M	-216.75M	131.84M	244.99M
Investing Cash Flow	-120.27M	-129.19M	-133.88M	-130.63M	-108.56M	-78.72M
Financing Cash Flow	3.78M	-49.79M	-25.41M	217.40M	11.20M	-12.02M

Maytronics Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 451.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:MTRN, the sentiment is Positive. The current price of 451.9 is above the 20-day moving average (MA) of 449.67, above the 50-day MA of 443.42, and below the 200-day MA of 581.97, indicating a neutral trend. The MACD of 0.37 indicates Negative momentum. The RSI at 56.22 is Neutral, neither overbought nor oversold. The STOCH value of 60.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:MTRN.

Maytronics Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HLMS	73 Outperform	761.07M	19.74	34.52%	7.75%	9.24%	-20.24%
CAST	72 Outperform	1.45B	14.67	10.92%	16.97%	―	―
GLRS	56 Neutral	593.28M	8.51	84.90%	9.67%	―	―
TDRN	54 Neutral	1.40B	-29.12	-10.83%	0.60%	3.50%	-188.82%
MTRN	49 Neutral	465.09M	11.31	―	9.68%	-16.14%	-261.85%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%