Malibu Boats Inc
Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells various recreational powerboats. The company operates through three segments: Malibu, Saltwater Fishing, and Cobalt. It provides performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brands. The company's products are used for various recreat… Read more
Malibu Boats Inc (MBUU) - Net Assets
Latest net assets as of December 2025: $499.27 Million USD
Based on the latest financial reports, Malibu Boats Inc (MBUU) has net assets worth $499.27 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($715.71 Million) and total liabilities ($216.44 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $499.27 Million |
| % of Total Assets | 69.76% |
| Annual Growth Rate | 26.12% |
| 5-Year Change | 1.22% |
| 10-Year Change | 2751.06% |
| Growth Volatility | 83.55 |
Malibu Boats Inc - Net Assets Trend (2012–2025)
This chart illustrates how Malibu Boats Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Malibu Boats Inc (2012–2025)
The table below shows the annual net assets of Malibu Boats Inc from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $519.83 Million | -2.78% |
| 2024-06-30 | $534.72 Million | -13.16% |
| 2023-06-30 | $615.75 Million | +19.90% |
| 2022-06-30 | $513.57 Million | 0.00% |
| 2021-06-30 | $513.57 Million | +96.37% |
| 2020-06-30 | $261.53 Million | +24.33% |
| 2019-06-30 | $210.35 Million | +50.39% |
| 2018-06-30 | $139.87 Million | +167.77% |
| 2017-06-30 | $52.24 Million | +186.49% |
| 2016-06-30 | $18.23 Million | +261.77% |
| 2015-06-30 | $-11.27 Million | -140.15% |
| 2014-06-30 | $28.07 Million | +40.25% |
| 2013-06-30 | $20.01 Million | -21.34% |
| 2012-06-30 | $25.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Malibu Boats Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 49673500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $484.66 Million | 94.03% |
| Common Stock | $190.00K | 0.04% |
| Other Comprehensive Income | $-4.65 Million | -0.90% |
| Other Components | $35.25 Million | 6.84% |
| Total Equity | $515.46 Million | 100.00% |
Malibu Boats Inc Competitors by Market Cap
The table below lists competitors of Malibu Boats Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altimmune Inc
NASDAQ:ALT
|
$450.83 Million |
|
Newcapec Electronics Co Ltd
SHE:300248
|
$450.87 Million |
|
SOCIETE LDC INH. EO 040
F:LC41
|
$450.90 Million |
|
Heimar hf.
IC:HEIMAR
|
$450.95 Million |
|
Gevo Inc
NASDAQ:GEVO
|
$450.69 Million |
|
Guangdong Wencan Die Casting Co Ltd
SHG:603348
|
$450.58 Million |
|
DRI Healthcare Trust
TO:DHT-U
|
$450.44 Million |
|
Procter & Gamble Health Limited
NSE:PGHL
|
$450.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Malibu Boats Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 530,009,000 to 515,461,000, a change of -14,548,000 (-2.7%).
- Net income of 14,879,000 contributed positively to equity growth.
- Share repurchases of 35,955,000 reduced equity.
- Other comprehensive income decreased equity by 448,000.
- Other factors increased equity by 6,976,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.88 Million | +2.89% |
| Share Repurchases | $35.95 Million | -6.98% |
| Other Comprehensive Income | $-448.00K | -0.09% |
| Other Changes | $6.98 Million | +1.35% |
| Total Change | $- | -2.74% |
Book Value vs Market Value Analysis
This analysis compares Malibu Boats Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 10.27x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-06-30 | $2.54 | $26.05 | x |
| 2013-06-30 | $2.00 | $26.05 | x |
| 2014-06-30 | $1.74 | $26.05 | x |
| 2015-06-30 | $-1.71 | $26.05 | x |
| 2016-06-30 | $0.75 | $26.05 | x |
| 2017-06-30 | $2.74 | $26.05 | x |
| 2018-06-30 | $6.63 | $26.05 | x |
| 2019-06-30 | $9.74 | $26.05 | x |
| 2020-06-30 | $12.21 | $26.05 | x |
| 2021-06-30 | $23.95 | $26.05 | x |
| 2022-06-30 | $23.98 | $26.05 | x |
| 2023-06-30 | $29.45 | $26.05 | x |
| 2024-06-30 | $25.93 | $26.05 | x |
| 2025-06-30 | $26.17 | $26.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Malibu Boats Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.84%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.43x
- Recent ROE (2.89%) is below the historical average (26.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 43.65% | 7.88% | 2.18x | 2.54x | $8.56 Million |
| 2013 | 26.72% | 3.20% | 2.53x | 3.29x | $3.35 Million |
| 2014 | -24.27% | -2.45% | 2.25x | 4.40x | $-6.60 Million |
| 2015 | 0.00% | 6.41% | 1.21x | 0.00x | $17.35 Million |
| 2016 | 133.11% | 7.13% | 1.15x | 16.27x | $16.69 Million |
| 2017 | 57.68% | 10.06% | 1.26x | 4.55x | $23.44 Million |
| 2018 | 20.55% | 5.56% | 1.36x | 2.72x | $14.18 Million |
| 2019 | 32.35% | 9.66% | 1.52x | 2.21x | $45.64 Million |
| 2020 | 24.18% | 9.43% | 1.37x | 1.88x | $36.10 Million |
| 2021 | 21.83% | 11.86% | 1.09x | 1.69x | $59.52 Million |
| 2022 | 31.33% | 12.98% | 1.43x | 1.69x | $107.31 Million |
| 2023 | 17.19% | 7.53% | 1.50x | 1.52x | $43.72 Million |
| 2024 | -10.55% | -6.74% | 1.12x | 1.40x | $-108.91 Million |
| 2025 | 2.89% | 1.84% | 1.10x | 1.43x | $-36.67 Million |
Industry Comparison
This section compares Malibu Boats Inc's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $132,606,330
- Average return on equity (ROE) among peers: -14.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Malibu Boats Inc (MBUU) | $499.27 Million | 43.65% | 0.43x | $450.74 Million |
| Alternet Systems Inc (ALYI) | $-168.02K | 0.00% | 0.00x | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.64 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $263.57K |
| Folkup Development Inc (FLDI) | $2.16K | -39.02% | 0.41x | $4.00 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |