Tearsheet

MasterCraft Boat (MCFT)

Market Price (4/15/2026): $22.44 | Market Cap: $361.9 Mil
Sector: Consumer Discretionary | Industry: Leisure Products

MasterCraft Boat (MCFT)

Market Price (4/15/2026): $22.44
Market Cap: $361.9 Mil
Sector: Consumer Discretionary
Industry: Leisure Products

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%

Attractive yield
FCF Yield is 7.2%

Low stock price volatility
Vol 12M is 40%

Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization. Themes include Luxury Consumer Goods, and Travel & Leisure Tech.

Weak multi-year price returns
2Y Excs Rtn is -35%, 3Y Excs Rtn is -89%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -22%

Key risks
MCFT key risks include significant margin pressure driven by [1] the necessity of offering dealer incentives and servicing its variable rate debt in a high-interest-rate environment, Show more.

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%
1	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
3	Attractive yield FCF Yield is 7.2%
4	Low stock price volatility Vol 12M is 40%
5	Megatrend and thematic drivers Megatrends include Experience Economy & Premiumization. Themes include Luxury Consumer Goods, and Travel & Leisure Tech.
6	Weak multi-year price returns 2Y Excs Rtn is -35%, 3Y Excs Rtn is -89%
7	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -22%
8	Key risks MCFT key risks include significant margin pressure driven by [1] the necessity of offering dealer incentives and servicing its variable rate debt in a high-interest-rate environment, Show more.

Valuation, Metrics & Events

	4/15/26	2025	2024	2023	2022
Share Price CYE	$22.44	$17.22	$23.72	$30.43	$24.61
Market Cap CYE ($ Mil)	361.9	282.7	399.6	534.3	450.3
Total Debt ($ Mil)	0.0	0.0	50.4	54.4	65.0
Total Cash ($ Mil)	81.4	66.5	105.7	101.4	13.8
Enterprise Value ($ Mil)	280.5	282.7	450.0	588.7	515.3
Valuation Ratios
P/S TTM	1.2	1.1	1.0	0.8	0.8
P/EBIT TTM	18.4	31.5	5.9	4.0	4.7
P/E TTM	23.2	-42.3	10.4	9.3	7.1
P/FCF TTM	13.8	-73.7	10.5	4.5	11.3
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9	0.9	1.1
P/EBIT TTM (Sector)	8.3	6.2	8.2	6.9	6.9
P/E TTM (Sector)	11.8	8.5	12.1	8.8	8.9
P/FCF TTM (Sector)	10.2	9.4	10.2	8.5	7.5

	4/15/26	2025	2024
Share Price CYE	$22.44	$17.22	$23.72
Market Cap CYE ($ Mil)	361.9	282.7	399.6
Total Debt ($ Mil)	0.0	0.0	50.4
Total Cash ($ Mil)	81.4	66.5	105.7
Enterprise Value ($ Mil)	280.5	282.7	450.0
Valuation Ratios
P/S TTM	1.2	1.1	1.0
P/EBIT TTM	18.4	31.5	5.9
P/E TTM	23.2	-42.3	10.4
P/FCF TTM	13.8	-73.7	10.5
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9
P/EBIT TTM (Sector)	8.3	6.2	8.2
P/E TTM (Sector)	11.8	8.5	12.1
P/FCF TTM (Sector)	10.2	9.4	10.2

	MCFT	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	0.3
Rev Chg Q	13.2%	7.5%
Rev Chg LTM	10.9%	6.8%
Rev Chg 3Y Avg	-21.6%	5.7%
PROFITABILITY	POOR
Op Inc LTM ($ Bil)	0.0
CFO LTM ($ Bil)	0.0
Net Inc LTM ($ Bil)	0.0
Op Mgn LTM	5.6%	18.6%
CFO/Rev LTM	12.0%	20.6%
Net Inc Mgn	5.3%	12.8%
VALUATION	LOW
P/S	1.2	3.3
P/CFO	10.2	15.5
P/FCF	13.8	20.1
P/E	23.2	24.3
STABILITY	VERY GOOD
Debt/Equity	0.00	0.21
Cash/Assets	0.31	0.07

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Metric	Value	Date	Source
Unit Volume	565	9282025	Link
Dealer Inventories Year-over-Year Change	-26%	11062025	Link

Upcoming
5/06/2026	Earnings Release	Rev: $76 Mil (E) EPS: $0.36 (E)

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

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MasterCraft Boat (MCFT) stock has gained about 20% since 12/31/2025 because of the following key factors:

1. Stronger-than-anticipated earnings and positive guidance revisions.

MasterCraft Boat Holdings consistently surpassed analyst expectations in its fiscal Q1 2026 (reported November 6, 2025) and Q2 2026 (reported February 5, 2026) earnings. In Q1 FY26, the company reported adjusted earnings per share (EPS) of $0.28, significantly beating the analyst consensus of $0.16 by 133%. Net sales also increased by 5.6% year-over-year to $69.0 million. For Q2 FY26, adjusted EPS reached $0.29, again exceeding the $0.16 consensus, and revenue grew 13.2% year-over-year to $71.76 million. Alongside these beats, management raised its full-year fiscal 2026 guidance twice; initially projecting net sales between $295 million and $310 million and adjusted EPS between $1.18 and $1.43 in Q1, and then further increasing it in Q2 to net sales of $300 million to $310 million and adjusted EPS of $1.45 to $1.60.

2. Announcement of a strategic merger with Marine Products Corporation.

On February 5, 2026, MasterCraft revealed a definitive agreement to merge with Marine Products Corporation. This strategic move is expected to yield approximately $6 million in annual cost savings, primarily through the elimination of duplicate public company costs. Furthermore, the merger is anticipated to create additional revenue and cost synergies by combining innovation platforms, leveraging complementary dealer networks, implementing manufacturing best practices, and enhancing procurement capabilities.

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Stock Movement Drivers

Fundamental Drivers

The 18.7% change in MCFT stock from 12/31/2025 to 4/14/2026 was primarily driven by a 20.0% change in the company's P/E Multiple.

(LTM values as of)	12312025	4142026	Change
Stock Price ($)	18.91	22.45	18.7%
Change Contribution By:
Total Revenues ($ Mil)	288	296	2.9%
Net Income Margin (%)	5.5%	5.3%	-4.2%
P/E Multiple	19.3	23.2	20.0%
Shares Outstanding (Mil)	16	16	0.3%
Cumulative Contribution			18.7%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/14/2026

	Return	Correlation
MCFT	18.7%
Market (SPY)	-5.4%	36.1%
Sector (XLY)	-2.5%	36.4%

Fundamental Drivers

The 4.6% change in MCFT stock from 9/30/2025 to 4/14/2026 was primarily driven by a 112.5% change in the company's Net Income Margin (%).

(LTM values as of)	9302025	4142026	Change
Stock Price ($)	21.46	22.45	4.6%
Change Contribution By:
Total Revenues ($ Mil)	284	296	4.2%
Net Income Margin (%)	2.5%	5.3%	112.5%
P/E Multiple	49.7	23.2	-53.3%
Shares Outstanding (Mil)	16	16	1.1%
Cumulative Contribution			4.6%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/14/2026

	Return	Correlation
MCFT	4.6%
Market (SPY)	-2.9%	35.0%
Sector (XLY)	-2.6%	39.0%

Fundamental Drivers

The 30.4% change in MCFT stock from 3/31/2025 to 4/14/2026 was primarily driven by a 15.2% change in the company's P/S Multiple.

(LTM values as of)	3312025	4142026	Change
Stock Price ($)	17.22	22.45	30.4%
Change Contribution By:
Total Revenues ($ Mil)	267	296	10.9%
P/S Multiple	1.1	1.2	15.2%
Shares Outstanding (Mil)	16	16	2.0%
Cumulative Contribution			30.4%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/14/2026

	Return	Correlation
MCFT	30.4%
Market (SPY)	16.3%	49.8%
Sector (XLY)	18.6%	53.2%

Fundamental Drivers

The -26.2% change in MCFT stock from 3/31/2023 to 4/14/2026 was primarily driven by a -57.4% change in the company's Total Revenues ($ Mil).

(LTM values as of)	3312023	4142026	Change
Stock Price ($)	30.43	22.45	-26.2%
Change Contribution By:
Total Revenues ($ Mil)	695	296	-57.4%
Net Income Margin (%)	8.1%	5.3%	-34.8%
P/E Multiple	9.6	23.2	142.5%
Shares Outstanding (Mil)	18	16	9.6%
Cumulative Contribution			-26.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/14/2026

	Return	Correlation
MCFT	-26.2%
Market (SPY)	63.3%	40.8%
Sector (XLY)	59.3%	42.0%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
MCFT Return	14%	-9%	-12%	-16%	-1%	14%	-13%
Peers Return	15%	-17%	16%	-29%	1%	-10%	-28%
S&P 500 Return	27%	-19%	24%	23%	16%	-0%	81%
Monthly Win Rates [3]
MCFT Win Rate	75%	50%	42%	42%	42%	75%
Peers Win Rate	53%	37%	50%	43%	60%	45%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
Max Drawdowns [4]
MCFT Max Drawdown	-4%	-34%	-24%	-28%	-23%	-0%
Peers Max Drawdown	-4%	-31%	-12%	-33%	-33%	-17%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-7%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: MBUU, BC, PII, WGO, MPX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/14/2026 (YTD)

How Low Can It Go

Unique Key	Event	MCFT	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-43.6%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	77.2%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-74.0%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	284.5%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	94 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-64.1%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	178.9%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	Not Fully Recovered days	120 days

Compare to MBUU, BC, PII, WGO, MPX

In The Past

MasterCraft Boat's stock fell -43.6% during the 2022 Inflation Shock from a high on 3/3/2023. A -43.6% loss requires a 77.2% gain to breakeven.

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About MasterCraft Boat (MCFT)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through three segments: MasterCraft, NauticStar, and Crest. The MasterCraft segment produces recreational performance sport boats and luxury day boats under the MasterCraft and Aviara brands, which are used for water skiing, wakeboarding, and wake surfing, as well as general recreational boating. The NauticStar segment offers boats that are primarily used for saltwater fishing and general recreational boating. The Crest segment produces pontoon boats for use in general recreational boating. The company also offers ski/wake, outboard, and sterndrive boats, as well as various accessories, including trailers and aftermarket parts. It sells its boats under the MasterCraft, NauticStar, Crest, and Aviara brands through a network of independent dealers in North America and internationally. The company was formerly known as MCBC Holdings, Inc. and changed its name to MasterCraft Boat Holdings, Inc. in November 2018. MasterCraft Boat Holdings, Inc. was founded in 1968 and is based in Vonore, Tennessee.

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It's like General Motors for recreational boats.
It's like Ford Motor Company for recreational powerboats.

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Recreational Performance Sport Boats: These boats, primarily under the MasterCraft brand, are designed for water skiing, wakeboarding, wake surfing, and general recreational boating.
Luxury Day Boats: Marketed under the Aviara brand, these are premium boats primarily used for general recreational boating.
Saltwater Fishing Boats: Under the NauticStar brand, these boats are primarily used for saltwater fishing and general recreational boating.
Pontoon Boats: Produced under the Crest brand, these boats are designed for general recreational boating.
Boating Accessories: This category includes various items such as trailers and aftermarket parts for their boats.

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MasterCraft Boat Holdings, Inc. (MCFT) sells its products primarily to other companies. Its direct customers are a network of independent dealers located in North America and internationally.

MasterCraft does not publicly disclose specific major customer companies by name or stock symbol. This is typical for companies that operate through a broad, distributed network of independent dealerships, where sales are spread across numerous smaller, often privately held businesses rather than concentrated with a few large, publicly traded entities.

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Major Suppliers:

Brunswick Corporation (Symbol: BC)
Ilmor Marine, LLC

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Brad Nelson, Chief Executive Officer and Director

Brad Nelson became Chief Executive Officer and a Director of MasterCraft Boat Holdings, Inc. on March 18, 2024. He brings over 30 years of operating and manufacturing experience to the role. Prior to joining MasterCraft, Mr. Nelson served as Executive Vice President and President, Commercial Segment of Oshkosh Corporation, where he was responsible for leading a strategic transformation that resulted in record highs in revenue, profitability, and backlog. His tenure at Oshkosh Corporation also included roles such as Senior Vice President and President, Commercial Business Segment, and Vice President, Global Marketing, JLG Industries.

Scott Kent, Chief Financial Officer

Scott Kent assumed the role of Chief Financial Officer for MasterCraft Boat Holdings, Inc. on July 1, 2025, succeeding the retiring Tim Oxley. Mr. Kent possesses 33 years of professional experience, with 28 of those years specifically within the marine industry. He previously served as MasterCraft's Vice President of Finance since 2018, overseeing finance functions including accounting, financial planning and analysis (FP&A), financial reporting, and treasury, while also contributing to operational and strategic advancements. Before his time at MasterCraft, Mr. Kent held CFO positions at Brunswick Boat Group and Recreational Boat Group, and various other roles of increasing responsibility at Brunswick, Sea Ray Boats, and Price Waterhouse. He holds a Bachelor of Science in Accounting from Milligan College and was formerly a Certified Public Accountant.

Mike O'Connell, Senior Vice President of Operational Excellence and President, Pontoon Segment

Mike O'Connell serves as the Senior Vice President of Operational Excellence and President of the Pontoon Segment for MasterCraft Boat Holdings, Inc. He took on the additional responsibility of President of the Pontoon Segment, succeeding George Steinbarger, effective February 24, 2025. Mr. O'Connell is a seasoned veteran of the marine industry with nearly 40 years of experience, having led various boat companies for decades. He joined MasterCraft in 2023 as President of Aviara Boats. His background includes serving as President of Godfrey pontoons and Hurricane deck boats, as well as managing various boat operations for Brunswick, Genmar, and Yamaha.

Charlene Hampton, Vice President of Human Resources

Charlene Hampton holds the position of Vice President of Human Resources at MasterCraft Boat Holdings, Inc.

Jim Brown, Vice President of Operations

Jim Brown is the Vice President of Operations for MasterCraft Boat Holdings, Inc.

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The key risks to MasterCraft Boat Holdings, Inc. (MCFT) are primarily driven by external economic factors affecting discretionary consumer spending, challenges in their supply chain, and the health and management of their dealer network.

Sensitivity to Macroeconomic Conditions and Consumer Discretionary Spending

The recreational boating industry is highly cyclical and significantly influenced by overall economic health, consumer confidence, and access to credit. Elevated interest rates directly increase the cost of financing for consumers purchasing boats and for dealers managing their inventory. These factors can lead to a decrease in demand for MasterCraft's products, resulting in lower sales and reduced profitability.
Supply Chain Disruptions and Cost Volatility

MasterCraft faces risks related to its supply chain, including potential disruptions, shortages, and increased costs of raw materials, parts, or components. The company has experienced periodic supply issues and rising material costs, which can negatively impact its manufacturing operations and financial performance. Additionally, changes in trade policies, such as new tariffs, can further increase manufacturing expenses.
Dealer Network Health and Inventory Management

The success of MasterCraft relies heavily on the strength and liquidity of its independent dealer network. The deterioration of competitors' dealers, including bankruptcies, can lead to discounted boat inventories entering the market, creating increased competition for MasterCraft's dealers. Maintaining adequate liquidity for dealers to finance their operations and purchase products is crucial. Furthermore, managing manufacturing levels and fixed costs in relation to dealer inventory levels is a continuous challenge that can affect the company's financial results.

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MasterCraft Boat Holdings, Inc. (MCFT) operates in several segments of the recreational powerboat market. The addressable market sizes for its main product categories, including performance sport boats, luxury day boats, saltwater fishing boats, and pontoon boats, are as follows:

Performance Sport Boats (MasterCraft Brand)

The global wakeboard boat market was valued at approximately USD 2.8 billion in 2023 and is projected to reach USD 4.8 billion by 2032.
Another estimate places the global wakeboard boat market at approximately USD 2.68 billion in 2026, on track to reach USD 4.27 billion by 2035.
The global ski wake boat market is projected to reach USD 1.74 billion by 2034.
In North America, which is the largest market for ski/wake boats, the region accounted for approximately 60% of the global market share. North America also holds 50-55% of the global wakeboard boat market share.
The U.S. wakeboard market size was valued at USD 486.74 million in 2024 and is expected to expand to USD 961.04 million by 2033.

Luxury Day Boats (Aviara Brand)

The global luxury boat market size was valued at USD 18.29 billion in 2024 and is poised to grow to USD 30.12 billion by 2033. Another report indicates the global luxury boat market size was estimated at USD 17.73 billion in 2024 and is projected to reach USD 30.46 billion by 2035.
North America is the largest market for luxury boats, holding approximately 45% of the global market share.
The U.S. luxury yacht market size was valued at USD 4.11 billion in 2023 and is expected to reach USD 9.04 billion by 2033. In 2024, the U.S. luxury yacht market size is projected to reach a valuation of USD 4,507.5 million, anticipated to reach USD 9,315.3 million by 2033.

Saltwater Fishing Boats (NauticStar Brand)

The global fishing boats market size is expected to be valued at US$2.1 billion in 2026 and is projected to reach US$3.7 billion by 2033.
The global fishing vessel market size was valued at USD 1.86 billion in 2025 and is estimated to reach USD 3.49 billion by 2034.
In the U.S., there are approximately 86,000 offshore fishing boats (27 feet and larger fiberglass boats) registered. The United States is projected to generate revenue of US$220.78 million in 2025 for the fishing vessel market.

Pontoon Boats (Crest Brand)

The global pontoon boat market was valued at US$2.31 billion in 2022 and is projected to reach US$3.93 billion by 2028. Other estimates state the global pontoon market size was valued at USD 8.5 billion in 2024 and is projected to grow to USD 17.7 billion by 2034. Another report valued the pontoon market at USD 8.68 billion in 2023, expected to reach USD 17.27 billion by 2032.
North America dominates the pontoon market, accounting for approximately 60% of global sales. The North America pontoon market accounted for 61% of the revenue share in 2024 and is expected to exceed USD 11 billion by 2034. It also held the largest market share of 35% of the global pontoon boat market in 2023.

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MasterCraft Boat Holdings, Inc. (MCFT) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market dynamics:

Strategic Merger with Marine Products Corporation: The planned merger with Marine Products Corporation is a significant driver, anticipated to diversify MasterCraft's brand portfolio, expand its dealer network, and increase market reach across various recreational marine categories. This combination is projected to generate pro forma sales of $560 million by the end of fiscal year 2026 and is expected to be accretive to adjusted EPS in fiscal year 2027. Furthermore, the merger is expected to create revenue synergies through combined innovation platforms and complementary dealer networks.
New Product Innovation and Launches: MasterCraft consistently emphasizes focused innovation and product line development as growth initiatives. Recent successful launches, such as the premium X24 and X22 models under the MasterCraft brand, contribute to sales momentum. Additionally, the Crest segment is expected to announce an all-new line of products to expand its addressable market, indicating a strategy to capture new customer segments.
Pricing Power and Favorable Product Mix: The company has demonstrated the ability to implement price increases, which has partially offset other cost pressures. A favorable model mix, driven by sales of higher-margin products and options, has also contributed to increased net sales and improved gross margins.
Improved Dealer Inventory Management: Following periods of elevated dealer inventories, MasterCraft has focused on production discipline and effective dealer support programs, leading to substantially improved dealer inventory levels. A healthier inventory environment can lead to more efficient sales, reduced discounting, and stronger demand pull-through.

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Capital Allocation Decisions for MasterCraft Boat Holdings, Inc. (MCFT)

Share Repurchases

In June 2021, MasterCraft's Board of Directors authorized a share repurchase program of up to $50 million, valid for a three-year period ending June 24, 2024.
A new $50 million share repurchase program was authorized in July 2023, succeeding the previous one upon its expiration.
The company repurchased $16.3 million of its shares during fiscal year 2025.

Share Issuance

There was a decrease in the number of shares outstanding by 1.44% in the most recent 12-month period for which data was compiled.
As of August 22, 2025, there were 16,306,356 shares of common stock issued and outstanding.
In July 2025, the Chief Financial Officer received 6,507 Restricted Stock Units (RSUs), representing a minimal potential dilution of less than 0.04%.

Outbound Investments

MasterCraft completed the sale of its NauticStar business in September 2022.
In October 2024, the company completed the sale of its Aviara brand and related assets, followed by the sale of its Aviara manufacturing facility in December 2024.
In February 2026, MasterCraft agreed to acquire Marine Products Corporation, involving an exchange of 0.232 MasterCraft shares plus $2.43 cash per Marine Products share.

Capital Expenditures

Capital expenditures for fiscal year 2025 totaled $10.5 million, primarily focused on facility enhancements, information technology, and tooling.
In fiscal year 2024, the company incurred $12 million in capital expenditures.
MasterCraft anticipates approximately $9 million in capital expenditures for fiscal year 2026.

Interactive Breakdown

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AMZN (12.4%)

Amazon.com

Higher Rev Chg 3Y Avg (Value for MCFT: -21.6%)

AMZN (11.7%)

Amazon.com

TJX (6.5%)

TJX Companies

TSLA (5.6%)

Tesla

MCD (5.1%)

McDonald's

HD (1.9%)

Home Depot

Higher Op Mgn LTM (Value for MCFT: 5.6%)

MCD (46.1%)

McDonald's

BKNG (34.5%)

Booking

HD (13.0%)

Home Depot

TJX (11.9%)

TJX Companies

AMZN (11.2%)

Amazon.com

Higher CFO/Rev LTM (Value for MCFT: 12.0%)

MCD (39.2%)

McDonald's

BKNG (35.0%)

Booking

AMZN (19.5%)

Amazon.com

TSLA (15.6%)

Tesla

MAR (12.3%)

Marriott International

Higher FCF/Rev LTM (Value for MCFT: 8.8%)

MELI (37.3%)

MercadoLibre

BKNG (33.8%)

Booking

MCD (26.7%)

McDonald's

MAR (10.0%)

Marriott International

LOW (8.9%)

Lowe's Companies

Higher Total Yield (Value for MCFT: 4.3%)

HD (7.0%)

Home Depot

LOW (6.7%)

Lowe's Companies

MCD (6.3%)

McDonald's

RCL (6.1%)

Royal Caribbean

BKNG (4.6%)

Booking

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for MCFT: -21.6% | 1.2x)

UNH (11.4% | 0.6x)

UnitedHealth

DELL (4.4% | 1.1x)

Dell Technologies

MCK (13.3% | 0.3x)

McKesson

CMCSA (0.6% | 0.8x)

Comcast

CVS (7.7% | 0.2x)

CVS Health

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MCFT: -21.6% | 21.9x)

MSFT (14.4% | 20.5x)

Microsoft

META (19.9% | 20.1x)

Meta Platforms

XOM (-6.4% | 18.6x)

Exxon Mobil

V (11.1% | 21.5x)

Visa

MU (45.3% | 18.6x)

Micron Technology

Higher Rev Chg LTM (Value for MCFT: 10.9%)

NVDA (65.5%)

NVIDIA

AVGO (25.2%)

Broadcom

META (22.2%)

Meta Platforms

MSFT (16.7%)

Microsoft

GOOGL (15.1%)

Alphabet

Higher Rev Chg 3Y Avg (Value for MCFT: -21.6%)

NVDA (101.8%)

NVIDIA

AVGO (26.2%)

Broadcom

MSFT (14.4%)

Microsoft

GOOGL (12.5%)

Alphabet

AAPL (4.1%)

Apple

Higher Op Mgn LTM (Value for MCFT: 5.6%)

NVDA (60.4%)

NVIDIA

MSFT (46.7%)

Microsoft

AVGO (41.5%)

Broadcom

AAPL (32.4%)

Apple

GOOGL (32.0%)

Alphabet

Higher CFO/Rev LTM (Value for MCFT: 12.0%)

MSFT (52.5%)

Microsoft

NVDA (47.6%)

NVIDIA

AVGO (43.5%)

Broadcom

GOOGL (40.9%)

Alphabet

AAPL (31.1%)

Apple

Higher FCF/Rev LTM (Value for MCFT: 8.8%)

NVDA (44.8%)

NVIDIA

AVGO (42.3%)

Broadcom

AAPL (28.3%)

Apple

MSFT (25.3%)

Microsoft

GOOGL (18.2%)

Alphabet

Higher Total Yield (Value for MCFT: 4.3%)

XOM (7.3%)

Exxon Mobil

JNJ (6.8%)

Johnson & Johnson

JPM (6.7%)

JPMorgan Chase

BRK-B (6.5%)

Berkshire Hathaway

MSFT (4.9%)

Microsoft

Best Bets in Consumer Discretionary

What You Pay

P/EBIT (Value for MCFT: 18.5x)

ABNB (31.8x)

Airbnb

BKNG (17.2x)

Booking

DUOL (31.3x)

Duolingo

MCD (17.3x)

McDonald's

ETSY (14.7x)

Etsy

LOPE (14.9x)

Grand Canyon Education

ALSN (12.0x)

Allison Transmission

PRDO (10.0x)

Perdoceo Education

DECK (11.5x)

Deckers Outdoor

GRMN (27.1x)

Garmin

P/E (Value for MCFT: 23.2x)

ABNB (32.2x)

Airbnb

BKNG (26.9x)

Booking

DUOL (10.2x)

Duolingo

MCD (25.2x)

McDonald's

ETSY (33.8x)

Etsy

LOPE (21.4x)

Grand Canyon Education

ALSN (17.3x)

Allison Transmission

PRDO (13.9x)

Perdoceo Education

DECK (14.9x)

Deckers Outdoor

GRMN (30.6x)

Garmin

What You Get

Rev Chg 3Y Avg (Value for MCFT: -21.6%)

ABNB (13.4%)

Airbnb

BKNG (16.5%)

Booking

DUOL (41.1%)

Duolingo

MCD (5.1%)

McDonald's

ETSY (4.0%)

Etsy

LOPE (6.7%)

Grand Canyon Education

ALSN (3.1%)

Allison Transmission

PRDO (7.4%)

Perdoceo Education

DECK (14.7%)

Deckers Outdoor

GRMN (14.4%)

Garmin

Rev Chg LTM (Value for MCFT: 10.9%)

ABNB (10.3%)

Airbnb

BKNG (13.4%)

Booking

DUOL (38.7%)

Duolingo

MCD (3.7%)

McDonald's

ETSY (2.7%)

Etsy

LOPE (7.1%)

Grand Canyon Education

ALSN (-6.7%)

Allison Transmission

PRDO (24.2%)

Perdoceo Education

DECK (9.2%)

Deckers Outdoor

GRMN (15.1%)

Garmin

Rev Chg Q (Value for MCFT: 13.2%)

ABNB (12.0%)

Airbnb

BKNG (16.0%)

Booking

DUOL (35.0%)

Duolingo

MCD (9.7%)

McDonald's

ETSY (3.5%)

Etsy

LOPE (5.3%)

Grand Canyon Education

ALSN (-7.4%)

Allison Transmission

PRDO (20.0%)

Perdoceo Education

DECK (7.1%)

Deckers Outdoor

GRMN (16.6%)

Garmin

FCF/Rev 3Y Avg (Value for MCFT: 6.1%)

ABNB (39.2%)

Airbnb

BKNG (33.3%)

Booking

DUOL (32.1%)

Duolingo

MCD (27.0%)

McDonald's

ETSY (23.9%)

Etsy

LOPE (22.2%)

Grand Canyon Education

ALSN (21.4%)

Allison Transmission

PRDO (21.2%)

Perdoceo Education

DECK (20.8%)

Deckers Outdoor

GRMN (20.4%)

Garmin

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	MasterCraft Boat Earnings Notes	12/16/2025
2	MasterCraft Boat Stock Jump Looks Great, But How Secure Is That Gain?	10/17/2025

	Title
0	ARTICLES

Trade Ideas

Select ideas related to MCFT.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
SKY_3312026_Dip_Buyer_FCFYield	03312026	SKY	Champion Homes	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	0.0%	0.0%	0.0%
DPZ_3272026_Dip_Buyer_FCFYield	03272026	DPZ	Domino's Pizza	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.1%	3.1%	0.0%
ETSY_3272026_Dip_Buyer_FCFYield	03272026	ETSY	Etsy	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.6%	5.6%	0.0%
OLLI_3272026_Dip_Buyer_ValueBuy	03272026	OLLI	Ollie's Bargain Outlet	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	3.1%	3.1%	0.0%
PATK_3272026_Insider_Buying_GTE_1Mil_EBITp+DE_V2	03272026	PATK	Patrick Industries	Insider	Insider Buys \| Low D/EStrong Insider Buying Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	3.4%	3.4%	-1.6%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AVNS	Avanos Medical	1.1	69.5%	119.3%
TVTX	Travere Therapeutics	3.8	37.2%	10.3%
BE	Bloom Energy	57.8	24.0%	152.1%
IONQ	IonQ	12.4	20.2%	-20.3%
CRDO	Credo Technology	29.1	18.7%	10.9%
MGTX	MeiraGTx	0.9	17.2%	42.0%
JBLU	JetBlue Airways	2.1	16.9%	23.1%
QBTS	D-Wave Quantum	6.0	15.8%	-35.1%
REPL	Replimune	0.2	14.7%	-79.9%
APLD	Applied Digital	8.7	14.0%	28.3%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ALLO	Allogene Therapeutics	0.5	-25.5%	66.4%
KMX	CarMax	6.1	-15.1%	7.8%
FSLY	Fastly	3.2	-14.0%	105.8%
REPX	Riley Exploration Permian	0.7	-13.4%	34.0%
ASTS	AST SpaceMobile	25.2	-10.5%	21.9%
STAA	Staar Surgical	1.2	-9.0%	5.8%
POET	POET Technologies	0.6	-8.1%	6.0%
DOCN	DigitalOcean	6.7	-8.0%	52.6%
BKSY	BlackSky Technology	1.1	-7.9%	70.9%
WTI	W&T Offshore	0.4	-7.9%	72.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
AVNS	Avanos Medical	1.1	79.9%	119.3%
CAR	Avis Budget	14.5	61.3%	220.7%
BE	Bloom Energy	57.8	61.2%	152.1%
RVMD	Revolution Medicines	28.6	52.7%	84.6%
CRDO	Credo Technology	29.1	49.4%	10.9%
LWLG	Lightwave Logic	1.7	48.8%	277.2%
AXTI	AXT	3.0	48.0%	311.6%
AEHR	Aehr Test Systems	2.2	48.0%	268.4%
ALAB	Astera Labs	28.9	43.4%	2.5%
OGN	Organon	2.3	42.2%	21.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
REPL	Replimune	0.2	-75.0%	-79.9%
FSLY	Fastly	3.2	-33.7%	105.8%
BETR	Better Home & Finance	0.5	-22.5%	6.7%
AKAM	Akamai Technologies	12.8	-22.0%	1.8%
TBN	Tamboran Resources	0.7	-21.8%	30.2%
VG	Venture Global	30.6	-21.8%	83.7%
SMPL	Simply Good Foods	1.1	-21.2%	-43.3%
OKTA	Okta	11.4	-19.2%	-25.9%
KOS	Kosmos Energy	1.2	-17.5%	175.5%
NET	Cloudflare	62.7	-17.4%	-9.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
XLO	Xilio Therapeutics	0.6	1584.0%	-4.2%
CAR	Avis Budget	14.5	308.7%	220.7%
SATL	Satellogic	1.0	145.8%	290.4%
APLS	Apellis Pharmaceuticals	5.2	115.7%	62.6%
AEHR	Aehr Test Systems	2.2	108.5%	268.4%
KOD	Kodiak Sciences	2.4	94.4%	61.2%
AVNS	Avanos Medical	1.1	79.9%	119.3%
HTZ	Hertz Global	2.2	79.7%	36.0%
KODK	Eastman Kodak	1.2	77.8%	46.5%
CBIO	Crescent Biopharma	0.6	74.6%	64.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
REPL	Replimune	0.2	-72.7%	-79.9%
VRDN	Viridian Therapeutics	1.4	-47.0%	-51.2%
MAZE	Maze Therapeutics	1.3	-44.9%	-33.2%
WVE	WAVE Life Sciences	1.3	-43.2%	-56.5%
BUR	Burford Capital	1.0	-40.5%	-47.2%
TE	T1 Energy	0.8	-36.2%	-27.2%
FRMI	Fermi	3.1	-33.7%	-34.0%
ADMA	ADMA Biologics	2.5	-30.8%	-42.5%
FIG	Figma	9.5	-29.2%	-50.7%
SAIL	SailPoint	6.2	-28.0%	-45.0%

Peer Comparisons

Peers to compare with:

Financials

	MCFT	MBUU	BC	PII	WGO	MPX	Median
Name	MasterCr.	Malibu B.	Brunswick	Polaris	Winnebag.	Marine P.
Mkt Price	22.45	26.43	78.78	57.49	33.35	7.67	29.89
Mkt Cap	0.4	0.5	5.2	3.3	0.9	0.3	0.7
Rev LTM	296	819	5,363	7,152	2,912	244	1,866
Op Inc LTM	17	20	312	34	76	14	27
FCF LTM	26	33	396	558	126	15	80
FCF 3Y Avg	25	40	368	338	141	29	91
CFO LTM	36	56	562	741	157	16	106
CFO 3Y Avg	38	88	576	645	184	34	136

Growth & Margins

	MCFT	MBUU	BC	PII	WGO	MPX	Median
Name	MasterCr.	Malibu B.	Brunswick	Polaris	Winnebag.	Marine P.
Rev Chg LTM	10.9%	11.6%	2.4%	-0.3%	5.8%	3.3%	4.6%
Rev Chg 3Y Avg	-21.6%	-12.4%	-7.3%	-5.3%	-12.0%	-11.4%	-11.7%
Rev Chg Q	13.2%	-5.8%	15.5%	9.5%	6.0%	35.0%	11.4%
QoQ Delta Rev Chg LTM	2.9%	-1.4%	3.5%	2.4%	1.3%	7.4%	2.6%
Op Mgn LTM	5.6%	2.4%	5.8%	0.5%	2.6%	5.7%	4.1%
Op Mgn 3Y Avg	8.8%	3.1%	8.8%	4.1%	3.9%	8.6%	6.3%
QoQ Delta Op Mgn LTM	0.7%	-0.8%	0.2%	-1.4%	0.1%	-0.4%	-0.1%
CFO/Rev LTM	12.0%	6.8%	10.5%	10.4%	5.4%	6.7%	8.6%
CFO/Rev 3Y Avg	9.7%	9.1%	10.1%	8.2%	6.2%	11.3%	9.4%
FCF/Rev LTM	8.8%	4.1%	7.4%	7.8%	4.3%	6.1%	6.7%
FCF/Rev 3Y Avg	6.1%	4.1%	6.5%	4.3%	4.7%	9.6%	5.4%

Valuation

	MCFT	MBUU	BC	PII	WGO	MPX	Median
Name	MasterCr.	Malibu B.	Brunswick	Polaris	Winnebag.	Marine P.
Mkt Cap	0.4	0.5	5.2	3.3	0.9	0.3	0.7
P/S	1.2	0.6	1.0	0.5	0.3	1.1	0.8
P/EBIT	18.5	23.9	-215.3	-8.2	12.4	18.6	15.4
P/E	23.2	35.1	-37.6	-7.0	22.6	23.0	22.8
P/CFO	10.2	9.1	9.2	4.4	6.0	15.9	9.1
Total Yield	4.3%	2.8%	-0.5%	-9.6%	5.4%	11.8%	3.6%
Dividend Yield	0.0%	0.0%	2.2%	4.6%	1.0%	7.5%	1.6%
FCF Yield 3Y Avg	7.0%	5.0%	7.0%	7.8%	10.8%	8.4%	7.4%
D/E	0.0	0.0	0.4	0.5	0.5	0.0	0.2
Net D/E	-0.2	-0.0	0.4	0.5	0.5	-0.2	0.2

Returns

	MCFT	MBUU	BC	PII	WGO	MPX	Median
Name	MasterCr.	Malibu B.	Brunswick	Polaris	Winnebag.	Marine P.
1M Rtn	14.4%	2.6%	14.3%	14.0%	-1.5%	8.3%	11.2%
3M Rtn	2.9%	-19.6%	-9.5%	-17.9%	-27.1%	-15.6%	-16.8%
6M Rtn	6.5%	-13.4%	26.7%	-16.0%	9.3%	-8.9%	-1.2%
12M Rtn	47.4%	-2.3%	80.9%	77.8%	11.9%	-0.5%	29.7%
3Y Rtn	-23.1%	-52.5%	3.0%	-40.1%	-38.6%	-21.5%	-30.8%
1M Excs Rtn	9.3%	-2.4%	9.3%	8.9%	-6.6%	3.3%	6.1%
3M Excs Rtn	3.8%	-19.0%	-7.7%	-17.5%	-24.8%	-18.2%	-17.9%
6M Excs Rtn	8.8%	-14.3%	29.3%	-2.0%	7.0%	-10.3%	2.5%
12M Excs Rtn	9.8%	-32.5%	50.6%	48.8%	-21.3%	-30.0%	-5.7%
3Y Excs Rtn	-89.3%	-118.8%	-59.0%	-106.9%	-104.4%	-89.9%	-97.2%

FDIC Bank Data

Bank Capital

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Bank Deposits

null

Bank Assets

null

Bank Loans

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FDA Approved Drugs Data

Expand for Morenull

Financials

Annual
Quarterly

$ Mil \| FY: 6/30	LTM	2025	2024	2023	2022	2021	2020
Period End	12/28/2025	6/30/2025	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020
Filing Date	2/5/2026	8/27/2025	8/30/2024	8/30/2023	9/9/2022	9/2/2021	9/11/2020
Key Financials
Total Revenue	296	284	322	610	642	466	363
EBITDA	29	24	42	133	126	86	-16
Operating Income	17	11	27	121	117	79	30
Net Income	16	7	8	69	58	56	-24
EPS	0.96	0.43	0.46	3.91	3.15	2.99	-1.28
Growth Rates
Total Revenue Growth	10.9%	-11.8%	-47.1%	-4.9%	37.7%	28.3%	-22.2%
EBITDA Growth	39.9%	-41.7%	-68.7%	5.8%	46.0%	637.9%	-139.1%
Operating Income Growth	125.1%	-59.1%	-77.4%	3.5%	49.1%	163.3%	-53.5%
Net Income Growth	333.6%	-9.7%	-88.7%	18.4%	3.6%	333.6%	-212.6%
Margins
EBITDA Margin	9.9%	8.5%	12.9%	21.8%	19.6%	18.5%	-4.4%
Operating Income Margin	5.6%	4.0%	8.5%	19.9%	18.3%	16.9%	8.2%
Net Income Margin	5.3%	2.5%	2.4%	11.3%	9.1%	12.1%	-6.6%
Cash & Debt
Total Cash	81	79	86	111	34	39	16
Total Debt	0	0	49	54	57	93	109
Net Debt / (Cash)	-81	-79	-37	-58	22	54	92
Cash Flows
Net Cash from Operations	36	36	12	134	73	69	30
Free Cash from Operations	26	26	2	110	61	43	16
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	8	10	16	23	25	-0	-0

$ Mil \| FY: 6/30	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3
Period End	12/28/2025	9/28/2025	6/30/2025	3/30/2025	12/29/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	6/30/2023	4/2/2023
Filing Date	2/5/2026	11/6/2025	8/27/2025	5/7/2025	2/6/2025	11/7/2024	8/30/2024	5/8/2024	2/7/2024	11/8/2023	8/30/2023	5/10/2023
Key Financials Quarterly
Total Revenue	72	69	80	76	63	65	54	84	90	94	114	167
Ebitda	6	7	9	7	3	4	3	10	14	14	36	33
Operating Income	3	4	6	4	0	1	-1	7	11	11	34	29
Net Income	3	4	6	4	3	-5	-8	4	6	6	23	23
EPS	0.16	0.22	0.35	0.23	0.17	-0.31	-0.48	0.22	0.35	0.36	1.31	1.28
Key Financials TTM
Total Revenue TTM	296	288	284	259	267	293	322	382	465	535	610	693
Ebitda TTM	29	27	24	18	21	32	42	74	97	112	133	145
Operating Income TTM	17	14	11	5	7	18	27	62	84	100	121	132
Net Income TTM	16	16	7	-7	-7	-4	8	39	57	71	69	58
Growth Rates Quarterly
Total Revenue Growth	13.2%	5.6%	46.4%	-9.5%	-29.4%	-30.7%	-52.5%	-49.6%	-43.6%	-44.4%	-42.0%	-1.5%
EBITDA Growth	80.3%	54.2%	200.7%	-27.4%	-77.1%	-69.5%	-91.3%	-68.8%	-51.9%	-59.9%	-24.1%	-3.7%
Operating Income Growth	1361.8%	276.3%	1099.7%	-39.1%	-98.3%	-90.5%	-101.8%	-76.7%	-59.3%	-67.2%	-24.4%	-8.2%
Net Income Growth	-8.0%	170.7%	170.9%	-0.3%	-53.3%	-183.1%	-135.4%	-83.3%	-70.1%	52.3%	97.3%	7.5%
Margins Quarterly
EBITDA Margin	8.2%	9.5%	11.7%	9.8%	5.2%	6.5%	5.7%	12.2%	15.9%	14.9%	31.2%	19.7%
Operating Income Margin	3.8%	5.5%	7.5%	5.4%	0.3%	1.5%	-1.1%	8.0%	12.0%	11.2%	29.5%	17.4%
Net Income Margin	3.5%	5.3%	7.2%	4.9%	4.3%	-7.9%	-14.8%	4.5%	6.6%	6.6%	19.8%	13.5%
Cash & Debt
Total Cash	81	67	79	67	63	83	86	106	109	90	111	101
Total Debt	0	0	0	0	0	50	49	50	51	53	54	54
Net Debt / (Cash)	-81	-67	-79	-67	-63	-33	-37	-55	-57	-37	-58	-47
Cash Flows Quarterly
FCF from Operations	16	-7	20	6	6	2	-10	4	28	-9	29	27
Cash Flows TTM
FCF from Operations TTM	36	26	36	5	3	24	12	52	75	107	134	143
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	2	5	1	1	4	5	2	4	6	7	7
Return on Invested Capital (ROIC) Quarterly
ROIC	-	-	-	-	-	14.3%	-10.3%	211.4%	418.3%	101.2%	562.0%	248.6%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-	-	-	-	-	59.1%	92.3%	480.3%	820.5%	237.1%	505.7%	280.9%

Segment Financials

Assets by Segment

$ Mil	2025	2024	2023	2022	2021
MasterCraft	233	259	178	159	294
Pontoon	52	53	54	42	40
Assets associated with discontinued operations	33
Aviara		41	35	31
Discontinued operations			30
NauticStar				44	37
Eliminations					-163
Total	318	354	297	276	208

Price Behavior

Price Behavior

Market Price	$22.45
Market Cap ($ Bil)	0.4
First Trading Date	07/17/2015
Distance from 52W High	-10.8%
	50 Days	200 Days
DMA Price	$21.70	$20.73
DMA Trend	up	indeterminate
Distance from DMA	3.4%	8.3%
	3M	1YR
Volatility	37.6%	40.3%
Downside Capture	0.11	0.45
Upside Capture	55.44	114.33
Correlation (SPY)	32.1%	33.8%

MCFT Betas & Captures as of 3/31/2026

	1M	2M	3M	6M	1Y	3Y
Beta	1.20	0.74	1.09	1.05	1.15	1.19
Up Beta	1.83	1.32	2.03	1.61	1.26	1.44
Down Beta	1.78	1.39	1.59	1.60	1.06	0.87
Up Capture	117%	55%	105%	60%	116%	92%
Bmk +ve Days	7	16	27	65	139	424
Stock +ve Days	9	19	32	58	120	356
Down Capture	84%	37%	41%	72%	105%	107%
Bmk -ve Days	12	23	33	58	110	323
Stock -ve Days	13	23	31	66	128	386

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with MCFT
MCFT	45.5%	40.3%	1.03	-
Sector ETF (XLY)	24.8%	19.4%	1.02	40.0%
Equity (SPY)	24.2%	12.9%	1.49	33.3%
Gold (GLD)	53.4%	27.6%	1.55	-9.8%
Commodities (DBC)	26.8%	16.2%	1.47	-11.7%
Real Estate (VNQ)	18.7%	13.8%	1.00	39.0%
Bitcoin (BTCUSD)	-6.8%	42.9%	-0.05	11.7%

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Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with MCFT
MCFT	-3.2%	42.3%	0.05	-
Sector ETF (XLY)	6.9%	23.7%	0.25	46.5%
Equity (SPY)	11.1%	17.0%	0.50	44.8%
Gold (GLD)	22.5%	17.8%	1.03	0.2%
Commodities (DBC)	11.7%	18.8%	0.51	5.5%
Real Estate (VNQ)	3.9%	18.8%	0.11	38.5%
Bitcoin (BTCUSD)	5.8%	56.5%	0.32	18.7%

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Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with MCFT
MCFT	8.4%	49.6%	0.36	-
Sector ETF (XLY)	12.7%	22.0%	0.53	47.7%
Equity (SPY)	14.0%	17.9%	0.67	47.1%
Gold (GLD)	14.3%	15.9%	0.75	-2.1%
Commodities (DBC)	8.8%	17.6%	0.42	13.9%
Real Estate (VNQ)	5.4%	20.7%	0.23	42.9%
Bitcoin (BTCUSD)	67.7%	66.9%	1.07	13.3%

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Short Interest

Short Interest: As Of Date	3312026
Short Interest: Shares Quantity	0.8 Mil
Short Interest: % Change Since 3152026	-7.6%
Average Daily Volume	0.2 Mil
Days-to-Cover Short Interest	5.1 days
Basic Shares Quantity	16.1 Mil
Short % of Basic Shares	4.9%

Returns Analyses

	Title
0	MasterCraft Boat Stock Jump Looks Great, But How Secure Is That Gain?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
2/5/2026	6.4%	5.6%	-14.7%
11/6/2025	-5.7%	-11.5%	-14.1%
8/27/2025	9.6%	6.6%	3.4%
5/7/2025	11.8%	11.2%	10.6%
2/6/2025	16.1%	3.9%	-0.9%
8/29/2024	-6.0%	-11.3%	-8.8%
2/7/2024	2.3%	8.1%	4.9%
11/8/2023	-6.6%	-2.3%	-1.9%
...
SUMMARY STATS
# Positive	9	12	9
# Negative	11	8	11
Median Positive	6.4%	7.9%	6.5%
Median Negative	-5.7%	-7.8%	-10.0%
Max Positive	16.1%	12.2%	60.0%
Max Negative	-19.3%	-22.4%	-14.8%

	Forward Returns
2/5/2026	6.4%	5.6%	-14.7%
11/6/2025	-5.7%	-11.5%	-14.1%
8/27/2025	9.6%	6.6%	3.4%
5/7/2025	11.8%	11.2%	10.6%
2/6/2025	16.1%	3.9%	-0.9%
8/29/2024	-6.0%	-11.3%	-8.8%
2/7/2024	2.3%	8.1%	4.9%
11/8/2023	-6.6%	-2.3%	-1.9%
8/30/2023	-12.8%	-16.6%	-10.9%
5/10/2023	-4.0%	-3.4%	3.2%
2/8/2023	9.4%	7.6%	7.9%
11/9/2022	-1.2%	10.2%	14.3%
8/9/2022	3.2%	8.8%	-14.8%
5/11/2022	-6.5%	0.0%	-0.5%
2/3/2022	0.6%	12.0%	1.6%
9/2/2021	-1.6%	-4.1%	-1.7%
5/12/2021	0.4%	12.2%	-10.0%
2/10/2021	-1.0%	-4.2%	6.5%
9/9/2020	-19.3%	-22.4%	-11.9%
5/6/2020	-3.6%	5.4%	60.0%
SUMMARY STATS
# Positive	9	12	9
# Negative	11	8	11
Median Positive	6.4%	7.9%	6.5%
Median Negative	-5.7%	-7.8%	-10.0%
Max Positive	16.1%	12.2%	60.0%
Max Negative	-19.3%	-22.4%	-14.8%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
12/31/2025	02/05/2026	10-Q
09/30/2025	11/06/2025	10-Q
06/30/2025	08/27/2025	10-K
03/31/2025	05/07/2025	10-Q
12/31/2024	02/06/2025	10-Q
09/30/2024	11/07/2024	10-Q
06/30/2024	08/30/2024	10-K
03/31/2024	05/08/2024	10-Q
12/31/2023	02/07/2024	10-Q
09/30/2023	11/08/2023	10-Q
06/30/2023	08/30/2023	10-K
03/31/2023	05/10/2023	10-Q
12/31/2022	02/08/2023	10-Q
09/30/2022	11/09/2022	10-Q
06/30/2022	09/09/2022	10-K
03/31/2022	05/11/2022	10-Q

Recent Forward Guidance [BETA]

Latest: Q2 2026 Earnings Reported 2/5/2026

Forward Guidance				Guidance Change
Metric	Low	Mid	High	% Chg	% Delta	Change	Prior
Q3 2026 Revenue		75.00 Mil		8.7%		Higher New	Actual: 69.00 Mil for Q2 2026
Q3 2026 Adjusted EBITDA		9.00 Mil		80.0%		Higher New	Actual: 5.00 Mil for Q2 2026
Q3 2026 Adjusted EPS		0.35		118.8%		Higher New	Actual: 0.16 for Q2 2026
2026 Revenue	300.00 Mil	305.00 Mil	310.00 Mil	0.8%		Raised	Guidance: 302.50 Mil for 2026
2026 Adjusted EBITDA	36.00 Mil	37.50 Mil	39.00 Mil	15.4%		Raised	Guidance: 32.50 Mil for 2026
2026 Adjusted EPS	1.45	1.52	1.6	16.9%		Raised	Guidance: 1.3 for 2026
2026 Capital Expenditures		9.00 Mil		0		Affirmed	Guidance: 9.00 Mil for 2026

Prior: Q1 2026 Earnings Reported 11/6/2025

Forward Guidance				Guidance Change
Metric	Low	Mid	High	% Chg	% Delta	Change	Prior
Q2 2026 Revenue		69.00 Mil		3.0%		Raised	Guidance: 67.00 Mil for Q1 2026
Q2 2026 Adjusted EBITDA		5.00 Mil		25.0%		Raised	Guidance: 4.00 Mil for Q1 2026
Q2 2026 Adjusted EPS		0.16		0		Affirmed	Guidance: 0.16 for Q1 2026
2026 Revenue	295.00 Mil	302.50 Mil	310.00 Mil	0		Affirmed	Guidance: 302.50 Mil for 2026
2026 Adjusted EBITDA	30.00 Mil	32.50 Mil	35.00 Mil	3.2%		Raised	Guidance: 31.50 Mil for 2026
2026 Adjusted EPS	1.18	1.3	1.43	2.4%		Raised	Guidance: 1.27 for 2026
2026 Capital Expenditures		9.00 Mil		0		Affirmed	Guidance: 9.00 Mil for 2026

Insider Activity

Expand for More

#	Owner	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Coliseum, Capital Management, Llc	See Footnotes	Buy	12222025	19.34	33,807	653,827	69,554,801	Form
2	Coliseum, Capital Management, Llc	See Footnotes	Buy	12222025	19.79	76,000	1,504,040	72,677,231	Form
3	Coliseum, Capital Management, Llc	See Footnotes	Buy	12222025	19.66	25,000	491,500	72,691,317	Form
4	Forager, Fund, Lp	Direct	Sell	11102025	20.50	44,981	922,110	36,038,877	Form
5	Forager, Fund, Lp	Direct	Sell	11102025	20.37	58,066	1,182,804	34,627,533	Form

MCFT Trade Sentinel

Stock Conviction

null

CONVICTION RATIONALE

null

STOCK ARCHETYPE

null

INVESTMENT THESIS

null

Mechanism: null

Supporting Evidence:

PRIMARY RISK

null

Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

null

Diversification Alternatives

How Is The Market Pricing MCFT?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What MCFT Makes & Who Pays

TTM figures based on

MCFT Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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MasterCraft Boat (MCFT)

Market Price (4/15/2026): $22.44 | Market Cap: $361.9 MilSector: Consumer Discretionary | Industry: Leisure Products

MasterCraft Boat (MCFT)

Market Price (4/15/2026): $22.44Market Cap: $361.9 MilSector: Consumer DiscretionaryIndustry: Leisure Products

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About MasterCraft Boat (MCFT)

Sensitivity to Macroeconomic Conditions and Consumer Discretionary Spending

Supply Chain Disruptions and Cost Volatility

Dealer Network Health and Inventory Management

Performance Sport Boats (MasterCraft Brand)

Luxury Day Boats (Aviara Brand)

Saltwater Fishing Boats (NauticStar Brand)

Pontoon Boats (Crest Brand)

Capital Allocation Decisions for MasterCraft Boat Holdings, Inc. (MCFT)

Interactive Breakdown

Better Bets vs. MasterCraft Boat (MCFT)

INDUSTRY: Leisure Products

Higher Rev Chg 3Y Avg | Lower P/S (Values for MCFT: -21.6% | 1.2x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MCFT: -21.6% | 21.9x)

Higher Rev Chg LTM (Value for MCFT: 10.9%)

Higher Rev Chg 3Y Avg (Value for MCFT: -21.6%)

Higher Op Mgn LTM (Value for MCFT: 5.6%)

Higher CFO/Rev LTM (Value for MCFT: 12.0%)

Higher FCF/Rev LTM (Value for MCFT: 8.8%)

Higher Total Yield (Value for MCFT: 4.3%)

SECTOR: Consumer Discretionary

Higher Rev Chg 3Y Avg | Lower P/S (Values for MCFT: -21.6% | 1.2x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MCFT: -21.6% | 21.9x)

Higher Rev Chg LTM (Value for MCFT: 10.9%)

Higher Rev Chg 3Y Avg (Value for MCFT: -21.6%)

Higher Op Mgn LTM (Value for MCFT: 5.6%)

Higher CFO/Rev LTM (Value for MCFT: 12.0%)

Higher FCF/Rev LTM (Value for MCFT: 8.8%)

Higher Total Yield (Value for MCFT: 4.3%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for MCFT: -21.6% | 1.2x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MCFT: -21.6% | 21.9x)

Higher Rev Chg LTM (Value for MCFT: 10.9%)

Higher Rev Chg 3Y Avg (Value for MCFT: -21.6%)

Higher Op Mgn LTM (Value for MCFT: 5.6%)

Higher CFO/Rev LTM (Value for MCFT: 12.0%)

Higher FCF/Rev LTM (Value for MCFT: 8.8%)

Higher Total Yield (Value for MCFT: 4.3%)

Best Bets in Consumer Discretionary

P/EBIT (Value for MCFT: 18.5x)

P/E (Value for MCFT: 23.2x)

Rev Chg 3Y Avg (Value for MCFT: -21.6%)

Rev Chg LTM (Value for MCFT: 10.9%)

Rev Chg Q (Value for MCFT: 13.2%)

FCF/Rev 3Y Avg (Value for MCFT: 6.1%)

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Research & Analysis

Market Price (4/15/2026): $22.44 | Market Cap: $361.9 Mil
Sector: Consumer Discretionary | Industry: Leisure Products

Market Price (4/15/2026): $22.44
Market Cap: $361.9 Mil
Sector: Consumer Discretionary
Industry: Leisure Products