MasterCraft Boat Holdings, Inc. (MCFT) intrinsic value & 10-year financials
MasterCraft Boat Holdings, Inc. (MCFT) has a Graham intrinsic value of $1.01 per share. At $19.64 on Oct 17, 2026, the stock trades 1845% above that value. Over the last 10 fiscal years revenue grew 2.8% a year to $284.2M, with an average return on invested capital of 25.9%.
- Graham intrinsic value
- $1.01
- Share price (Oct 17, 2026)
- $19.64
- Price vs Graham value
- 1845% above
- Market cap
- $324.6M
- Revenue (FY2025)
- $284.2M
- Revenue growth (10-yr CAGR)
- 2.8%
- ROIC (10-yr avg)
- 25.9%
- Free cash flow (FY2025)
- $26.4M
MCFT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $284.2M | $7.0M | $0.43 | $26.4M | 4.0% | 4.2% |
| FY2024 | $366.6M | $7.8M | $0.46 | -$3.9M | 2.1% | 2.9% |
| FY2023 | $662.0M | $68.9M | $3.88 | $103.9M | 17.7% | 42.8% |
| FY2022 | $707.9M | $58.2M | $3.12 | $57.5M | 11.0% | 36.2% |
| FY2021 | $525.8M | $56.2M | $2.96 | $40.7M | 14.4% | 39.2% |
| FY2020 | $363.1M | -$24.0M | -$1.28 | $16.0M | -7.3% | -12.6% |
| FY2019 | $466.4M | $21.4M | $1.14 | $41.8M | 7.1% | 17.7% |
| FY2018 | $332.7M | $39.7M | $2.12 | $44.1M | 16.8% | 52.2% |
| FY2017 | $228.6M | $19.6M | $1.05 | $22.1M | 14.7% | 48.8% |
| FY2016 | $221.6M | $10.2M | $0.56 | $26.9M | 9.9% | 27.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
MasterCraft Boat Holdings, Inc. has demonstrated mature, steady growth, with revenue compounding at 2.8% annually over the past decade.
MasterCraft Boat Holdings, Inc. has earned high returns on invested capital, averaging 25.9% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
MasterCraft Boat Holdings, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, MasterCraft Boat Holdings, Inc. is modeled at -2.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.01 per share.