(MBC) MasterBrand - NYSE
Sector: Consumer Cyclical | Industry: Furnishings, Fixtures & Appliances | Exchange: NYSE (USA) | Market Cap: 1.103m USD | Total Return: -9.2% in 12m
Avg Turnover: 35.4M
EPS Trend: -92.0%
Qual. Beats: 1
Rev. Trend: -48.1%
Qual. Beats: 2
Warnings
High Debt/EBITDA (8.4) with thin interest coverage (0.9)
Interest Coverage Ratio 0.9 is critical
Tailwinds
No distinct edge detected
MasterBrand Inc. (MBC) is a North American manufacturer and distributor of residential cabinetry, serving the United States, Canada, and Mexico. The company provides a tiered product portfolio ranging from stock and semi-custom to premium cabinetry solutions for kitchens, bathrooms, and other residential spaces. Founded in 1954 and based in Beachwood, Ohio, the firm operates through a multi-channel distribution model that includes independent dealers, national retailers, and home builders.
The business model is cyclical and highly sensitive to macroeconomic indicators such as mortgage rates and existing home turnover, as these factors drive demand in both the repair and remodel (R&R) and new construction segments. Within the building products sector, cabinetry is often a high-ticket expenditure that correlates with broader consumer spending trends on home improvement. Investors can utilize ValueRay to further analyze the companys fundamental performance metrics.
- Mortgage rate fluctuations dictate new construction and residential remodeling demand volume
- Raw material and logistics costs impact EBITDA margins across cabinetry segments
- Dealer and retail channel inventory levels drive short-term revenue realization cycles
- Market share expansion in the value-priced cabinetry category offsets luxury slowdown
- Strategic manufacturing footprint optimization enhances operational leverage and free cash flow
| Net Income: -2.00m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -4.95 > 1.0 |
| NWC/Revenue: 14.15% < 20% (prev 12.00%; Δ 2.16% < -1%) |
| CFO/TA 0.03 > 3% & CFO 94.1m > Net Income -2.00m |
| Net Debt (1.34b) to EBITDA (159.4m): 8.39 < 3 |
| Current Ratio: 2.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (127.5m) vs 12m ago -2.45% < -2% |
| Gross Margin: 27.77% > 18% (prev 31.51%; Δ -3.74% > 0.5%) |
| Asset Turnover: 88.68% > 50% (prev 92.11%; Δ -3.44% > 0%) |
| Interest Coverage Ratio: 0.90 > 6 (EBIT TTM 66.0m / Interest Expense TTM 73.1m) |
| A: 0.12 (Total Current Assets 734.9m - Total Current Liabilities 353.9m) / Total Assets 3.12b |
| B: 0.43 (Retained Earnings 1.34b / Total Assets 3.12b) |
| C: 0.02 (EBIT TTM 66.0m / Avg Total Assets 3.04b) |
| D: 0.74 (Book Value of Equity 1.32b / Total Liabilities 1.80b) |
| Altman-Z'' = 3.12 = A |
| DSRI: 1.00 (Receivables 217.7m/221.1m, Revenue 2.69b/2.72b) |
| GMI: 1.13 (GM 31.51% / 27.77%) |
| AQI: 0.94 (AQ_t 0.55 / AQ_t-1 0.58) |
| SGI: 0.99 (Revenue 2.69b / 2.72b) |
| TATA: -0.03 (NI -2.00m - CFO 94.1m) / TA 3.12b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of June 20, 2026, the stock is trading at USD 9.06 with a total of 6,204,600 shares traded.
Over the past week, the price has changed by -1.41%,
over one month by +28.51%,
over three months by +17.21% and
over the past year by -9.22%.
MasterBrand has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MBC.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 9.2 | 1% |
P/E Forward = 26.1097
P/S = 0.4098
P/B = 0.8355
Revenue TTM = 2.69b USD
EBIT TTM = 66.0m USD
EBITDA TTM = 159.4m USD
Long Term Debt = 1.08b USD (from longTermDebt, last quarter)
Short Term Debt = 24.3m USD (from shortTermDebt, last quarter)
Debt = 1.48b USD (from shortLongTermDebtTotal, last quarter) + Leases 195.4m
Net Debt = 1.34b USD (calculated: Debt 1.48b - CCE 138.4m)
Enterprise Value = 2.44b USD (1.10b + Debt 1.48b - CCE 138.4m)
Interest Coverage Ratio = 0.90 (Ebit TTM 66.0m / Interest Expense TTM 73.1m)
EV/FCF = 195.2x (Enterprise Value 2.44b / FCF TTM 12.5m)
FCF Yield = 0.51% (FCF TTM 12.5m / Enterprise Value 2.44b)
FCF Margin = 0.46% (FCF TTM 12.5m / Revenue TTM 2.69b)
Net Margin = -0.07% (Net Income TTM -2.00m / Revenue TTM 2.69b)
Gross Margin = 27.77% ((Revenue TTM 2.69b - Cost of Revenue TTM 1.94b) / Revenue TTM)
Gross Margin QoQ = 23.69% (prev 24.59%)
Tobins Q-Ratio = 0.78 (Enterprise Value 2.44b / Total Assets 3.12b)
Interest Expense / Debt = 4.95% (Interest Expense 73.1m / Debt 1.48b)
Taxrate = 42.33% (19.6m / 46.3m)
NOPAT = 38.1m (EBIT 66.0m * (1 - 42.33%))
Current Ratio = 2.08 (Total Current Assets 734.9m / Total Current Liabilities 353.9m)
Debt / Equity = 1.12 (Debt 1.48b / totalStockholderEquity, last quarter 1.32b)
Debt / EBITDA = 8.39 (Net Debt 1.34b / EBITDA 159.4m)
Debt / FCF = 107.0 (Net Debt 1.34b / FCF TTM 12.5m)
Total Stockholder Equity = 1.35b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.07% (Net Income -2.00m / Total Assets 3.12b)
RoE = -0.15% (Net Income TTM -2.00m / Total Stockholder Equity 1.35b)
RoCE = 2.71% (EBIT 66.0m / Capital Employed (Equity 1.35b + L.T.Debt 1.08b))
RoIC = 1.43% (NOPAT 38.1m / Invested Capital 2.65b)
WACC = 5.94% (E(1.10b)/V(2.58b) * Re(10.06%) + D(1.48b)/V(2.58b) * Rd(4.95%) * (1-Tc(0.42)))
Discount Rate = 10.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -35.96 | Cagr: -0.83%
[DCF] Terminal Value 73.10% ; FCFF base≈70.8m ; Y1≈62.1m ; Y5≈50.1m
[DCF] Fair Price = N/A (negative equity: EV 805.0m - Net Debt 1.34b = -532.3m; debt exceeds intrinsic value)
EPS Correlation: -91.97 | EPS CAGR: -21.90% | SUE: 1.06 | # QB: 1
Revenue Correlation: -48.06 | Revenue CAGR: -1.75% | SUE: 0.85 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.07 | Chg30d=-39.13% | Revisions=-33% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.18 | Chg30d=+24.14% | Revisions=-33% | Analysts=1
EPS current Year (2026-12-31): EPS=0.41 | Chg30d=+46.43% | Revisions=+0% | GrowthEPS=-54.9% | GrowthRev=+26.8%
EPS next Year (2027-12-31): EPS=0.61 | Chg30d=+38.64% | Revisions=-33% | GrowthEPS=+48.8% | GrowthRev=+19.9%