Grufity logoGrufity logo

Vail Resorts Inc Stock Research

MTN

257.35USD+0.72(+0.28%)Delayed

Market Summary

USD257.35+0.72
Delayed
0.28%

MTN Alerts

MTN Stock Price

MTN RSI Chart

MTN Valuation

Market Cap

10.4B

Price/Earnings (Trailing)

29.63

Price/Sales (Trailing)

3.95

EV/EBITDA

13.96

Price/Free Cashflow

14.94

MTN Price/Sales (Trailing)

MTN Profitability

EBT Margin

17.41%

Return on Equity

27.69%

Return on Assets

5.58%

Free Cashflow Yield

6.69%

MTN Fundamentals

MTN Revenue

Revenue (TTM)

2.6B

Revenue Y/Y

59.16%

Revenue Q/Q

4.61%

MTN Earnings

Earnings (TTM)

350.3M

Earnings Y/Y

1.69%

Earnings Q/Q

-26.02%

Price Action

52 Week Range

200.11277.09
(Low)(High)

Last 7 days

2.4%

Last 30 days

10.8%

Last 90 days

18.8%

Trailing 12 Months

-0.8%

MTN Financial Health

Current Ratio

1.21

Debt/Equity

2.19

Debt/Cashflow

0.25

MTN Investor Care

Dividend Yield

2.57%

Dividend/Share (TTM)

6.61

Buy Backs (1Y)

0.31%

Diluted EPS (TTM)

8.58

Peers (Alternatives to Vail Resorts)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
200.2B
23.3B
2.77% 11.99%
33.86
8.61
3.27% -18.82%
15.9B
12.7B
26.46% 0.99%
12.08
1.25
185.92% 95.35%
11.7B
3.8B
28.59% 24.46%
-18.43
3.08
11.35% 25.31%
11.5B
16.3B
8.10% 36.13%
58.96
0.7
34.98% 314.11%
10.4B
2.6B
10.76% -0.81%
29.63
3.95
34.62% 146.19%
MID-CAP
9.4B
1.5B
19.76% 24.68%
19.5
6.28
11.43% 116.79%
5.4B
6.4B
20.77% -19.27%
21.88
0.84
19.19% -36.34%
4.2B
1.7B
23.23% 9.63%
13.43
2.46
32.99% 124.99%
2.3B
1.8B
5.38% -9.73%
8.55
1.27
71.80% 311.51%
2.3B
1.4B
20.25% -27.17%
24.23
1.62
8.26% 102.71%
2.0B
1.7B
19.03% 21.92%
16.24
1.15
61.79% 371.82%
SMALL-CAP
1.2B
931.1M
19.99% 20.42%
13.47
1.3
7.95% 17.03%
1.1B
1.1B
6.68% -9.82%
12.4
1
10.17% -27.23%
315.8M
176.3M
23.89% 12.09%
-113.84
1.31
3.79% -127.31%
132.9M
67.7M
-12.50% 52.81%
10.17
1.96
28.71% 145.82%

Financials for Vail Resorts

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.1%2,6302,5262,4632,1751,954
EBITDA0.0%857858---
EBITDA Margin-4.0%0.33*0.34*---
Earnings Before Taxes0.2%458457378227117
EBT Margin-3.8%0.17*0.18*---
Interest Expenses-2.9%144148151155156
Net Income0.7%350348316218142
Net Income Margin-3.3%0.13*0.14*---
Free Cahsflow-2.3%694710---
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.6%6,2816,3186,3976,3706,291
  Current Assets-9.5%1,6221,7921,8451,7671,778
    Cash Equivalents6.6%1,1811,1071,4011,4071,468
  Inventory28.7%14010993105104
  Net PPE9.2%2,3132,1182,1432,1902,062
  Goodwill-3.8%1,6891,7551,7531,7641,791
Liabilities5.8%4,7294,4714,3324,5764,624
  Current Liabilities20.9%1,3431,1118301,1551,268
  Long Term Debt3.7%2,7702,6702,6872,6962,705
Shareholder's Equity-21.6%1,2651,6121,8291,7941,432
  Retained Earnings-21.2%7068961,082786599
  Additional Paid-In Capital0.2%1,1071,1051,1781,1731,193
Minority Interest22.0%287235236228234
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-2.3%694710747678762
  Share Based Compensation-0.3%2525252525
Cashflow From Investing-27.2%-442.59-347.92-283.88-263.13-113.91
Cashflow From Financing-4.0%-513.03-493.14-392.31-299.32363
  Dividend Payments18.3%2672261497136
  Buy Backs0%7575---

Risks for MTN

What is the probability of a big loss on MTN?

60.8%


Probability that Vail Resorts stock will be more than 20% underwater in next one year

55.8%


Probability that Vail Resorts stock will be more than 30% underwater in next one year.

25.4%


Probability that Vail Resorts stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MTN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Vail Resorts was unfortunately bought at previous high price.

Drawdowns

Returns for MTN

Cumulative Returns on MTN

19.7%


10-Year Cumulative Returns

13.1%


7-Year Cumulative Returns

4.3%


5-Year Cumulative Returns

4.3%


3-Year Cumulative Returns

What are the long-term rolling returns for MTN?

FIve years rolling returns for Vail Resorts.

Annualized Returns

Which funds bought or sold MTN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
TOKIO MARINE ASSET MANAGEMENT CO LTD
added
6.04
35,640
242,640
0.02%
2023-01-26
BAKER TILLY WEALTH MANAGEMENT, LLC
added
60.56
234,526
536,526
0.07%
2023-01-26
COMERICA BANK
added
218.1
3,336,000
4,556,000
0.04%
2023-01-26
Sumitomo Mitsui DS Asset Management Company, Ltd
unchanged
-
67,951
711,951
0.01%
2023-01-26
GREENWOOD CAPITAL ASSOCIATES LLC
added
1.03
70,246
675,246
0.11%
2023-01-26
CENTRAL TRUST Co
unchanged
-
814
3,814
-%
2023-01-26
STRS OHIO
reduced
-8.62
125,000
12,632,000
0.06%
2023-01-26
Galibier Capital Management Ltd.
added
48.05
288,030
741,030
0.15%
2023-01-25
DUNCKER STREETT & CO INC
added
1,650
15,685
16,685
-%
2023-01-25
WHITTIER TRUST CO
unchanged
-
1,010
10,010
-%

1–10 of 47

Latest Funds Activity

Are funds buying MTN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MTN
No. of Funds

Vail Resorts News

DirectorsTalk Interviews

Vail Resorts - Consensus Indicates Potential 10.9% Upside.

DirectorsTalk Interviews,
2 days ago

InvestorPlace

DirectorsTalk Interviews

The Motley Fool

Simply Wall St

Investor's Business Daily

InvestorPlace

Simply Wall St

Schedule 13G FIlings of Vail Resorts

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 25, 2023
blackrock inc.
8.8%
3,527,848
SC 13G/A
Jan 12, 2023
apg asset management us inc.
5.3%
2,139,550
SC 13G/A
May 10, 2022
price t rowe associates inc /md/
6.2%
2,540,138
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
11.5%
4,674,147
SC 13G/A
Feb 14, 2022
bamco inc /ny/
10.17%
4,113,757
SC 13G/A
Feb 10, 2022
vanguard group inc
8.94%
3,616,121
SC 13G/A
Feb 07, 2022
blackrock inc.
8.0%
3,222,139
SC 13G/A
Jan 19, 2022
apg asset management us inc.
5.4%
2,173,879
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
12.2%
4,918,520
SC 13G/A
Feb 12, 2021
bamco inc /ny/
10.35%
4,164,196
SC 13G/A

MTN Fair Value

Vail Resorts fair value in different scenarios

The table shows the Fair Value estimates for Vail Resorts for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

69.64

-72.94%

131.10

-49.06%

191.93

-25.42%

250.85

-2.53%

315.43

22.57%

Current Inflation

65.75

-74.45%

117.83

-54.21%

168.70

-34.45%

218.52

-15.09%

272.31

5.81%

Very High Inflation

60.79

-76.38%

102.05

-60.35%

141.74

-44.92%

181.30

-29.55%

223.12

-13.30%

Historical Vail Resorts Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Vail Resorts

View All Filings
Date Filed Form Type Document
Jan 25, 2023
SC 13G/A
Major Ownership Report
Jan 18, 2023
8-K
Current Report
Jan 12, 2023
SC 13G/A
Major Ownership Report
Jan 03, 2023
3
Insider Trading
Dec 14, 2022
4
Insider Trading
Dec 09, 2022
8-K
Current Report
Dec 08, 2022
10-Q
Quarterly Report
Dec 08, 2022
8-K
Current Report
Nov 28, 2022
8-K
Current Report
Oct 24, 2022
DEF 14A
DEF 14A

Latest Insider Trading transactions for MTN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-12
Barkin Michael Z
acquired
8,760,760
234.351
37,383
evp & chief financial officer
2022-12-12
Barkin Michael Z
sold
-1,784,200
258.917
-6,891
evp & chief financial officer
2022-12-12
Barkin Michael Z
sold (taxes)
-9,143,090
257.61
-35,492
evp & chief financial officer
2022-09-29
Gronberg Nathan Mark
sold (taxes)
-5,552.3
213.55
-26
vp, controller & cao
2022-09-29
Gronberg Nathan Mark
acquired
-
-
87
vp, controller & cao
2022-09-25
Gronberg Nathan Mark
acquired
-
-
86
vp, controller & cao
2022-09-25
Lynch Kirsten A.
acquired
-
-
2,286
ceo & director
2022-09-25
Sullivan Gregory Jon
acquired
-
-
193
svp, retail & hospitality
2022-09-25
Barkin Michael Z
sold (taxes)
-160,499
208.17
-771
evp & chief financial officer
2022-09-25
KATZ ROBERT A
sold (taxes)
-309,757
208.17
-1,488
exec. chair of the board

1–10 of 50

Kirsten A. Lynch
46500
Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 37 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities. The Lodging segment owns and/or manages various luxury hotels and condominiums, and other lodging properties under the RockResorts brand; various condominiums located in proximity to the company's mountain resorts; destination resorts; and golf courses, as well as offers resort ground transportation services. This segment operates owned and managed hotel and condominium units. The Real Estate segment owns, develops, and sells real estate properties. The company was incorporated in 1997 and is based in Broomfield, Colorado.

MTN Income Statement

2022-10-31
Consolidated Condensed Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Net revenue:  
Mountain and Lodging services and other$ 210,386$ 121,860
Mountain and Lodging retail and dining68,94853,401
Resort net revenue279,334175,261
Real Estate Revenue113315
Revenues279,447175,576
Operating expense (exclusive of depreciation and amortization shown separately below):  
Mountain and Lodging operating expense242,286183,725
Mountain and Lodging retail and dining cost of products sold35,08524,229
General and administrative98,79977,234
Resort operating expense376,170285,188
Real Estate operating expense1,3821,470
Total segment operating expense377,552286,658
Other operating (expense) income:  
Depreciation and amortization(64,614)(61,489)
Gain on sale of real property031
Change in estimated fair value of contingent consideration (Note 8)(636)(2,000)
(Loss) gain on disposal of fixed assets and other, net(6)8,867
Loss from operations(163,361)(165,673)
Mountain equity investment income, net3461,514
Investment income and other, net2,886499
Foreign currency (loss) gain on intercompany loans (Note 5)(6,135)831
Interest expense, net(35,302)(39,545)
Loss before benefit from income taxes(201,566)(202,374)
Benefit from income taxes58,00659,853
Net loss(143,560)(142,521)
Net loss attributable to noncontrolling interests6,5893,189
Net loss attributable to Vail Resorts, Inc.$ (136,971)$ (139,332)
Per share amounts (Note 4):  
Basic net loss per share attributable to Vail Resorts, Inc.$ (3.40)$ (3.44)
Diluted net loss per share attributable to Vail Resorts, Inc.(3.40)(3.44)
Cash dividends declared per share$ 1.91$ 0.88

MTN Balance Sheet

2022-10-31
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2022
Jul. 31, 2022
Oct. 31, 2021
Assets   
Cash and cash equivalents$ 1,180,942$ 1,107,427$ 1,468,380
Restricted cash20,12118,68014,482
Trade receivables, net118,491383,425108,988
Inventories, net139,926108,723103,697
Other current assets162,187173,27782,307
Total current assets1,621,6671,791,5321,777,854
Property, plant and equipment, net (Note 7)2,313,0612,118,0522,062,322
Real estate held for sale or investment95,60895,98398,833
Goodwill, net (Note 7)1,688,7311,754,9281,790,531
Intangible assets, net307,410314,058319,250
Operating right-of-use assets192,230192,070204,476
Other assets62,15951,40537,285
Total assets6,280,8666,318,0286,290,551
Liabilities   
Accounts payable and accrued liabilities (Note 7)1,190,522942,8301,109,652
Income taxes payable84,372104,27543,377
Long-term debt due within one year (Note 5)67,81163,749114,795
Total current liabilities1,342,7051,110,8541,267,824
Long-term debt, net (Note 5)2,769,6982,670,3002,704,583
Operating lease liabilities176,585174,567192,328
Other long-term liabilities234,301246,359243,307
Deferred income taxes, net205,859268,464216,049
Total liabilities4,729,1484,470,5444,624,091
Commitments and contingencies (Note 9)
Stockholders' Equity   
Preferred Stock, Par or Stated Value Per Share$ 0.01$ 0.01$ 0.01
Preferred stock, shares authorized25,000,00025,000,00025,000,000
Preferred stock, shares issued000
Preferred stock, shares outstanding000
Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding$ 0$ 0$ 0
Common stock, par value (in dollars per share)$ 0.01$ 0.01$ 0.01
Common stock, shares authorized100,000,000100,000,000100,000,000
Common stock, shares issued46,789,00046,744,00046,610,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,789, 46,744 and 46,610 shares issued, respectively$ 468$ 467$ 466
Exchangeable Shares Par Value Per Share$ 0.01$ 0.01$ 0.01
Exchangeable Shares, Shares, Issued03,00034,000
Exchangeable shares, $0.01 par value, 0, 3 and 34 shares issued and outstanding, respectively (Note 4)$ 0$ 0$ 0
Additional paid-in capital1,106,8131,184,5771,192,901
Accumulated other comprehensive (loss) income(68,908)10,92344,689
Retained earnings$ 705,923$ 895,889$ 598,826
Treasury stock, shares6,465,7086,466,0006,161,000
Treasury stock, at cost, 6,466, 6,466 and 6,161 shares, respectively (Note 11)$ (479,417)$ (479,417)$ (404,411)
Total Vail Resorts, Inc. stockholders’ equity1,264,8791,612,4391,432,471
Noncontrolling interests286,839235,045233,989
Total stockholders’ equity1,551,7181,847,4841,666,460
Total liabilities and stockholders’ equity$ 6,280,866$ 6,318,028$ 6,290,551