Maui Land & Pineapple Company (MLP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Maui Land & Pineapple Company

NYSE•Real Estate•Real Estate Services

$16.08+0.03(<0.01%)After hours

Market Cap

$331.50M

P/S

20.5x

P/B

10.7x

Maui Land & Pineapple Company, Inc., together with its subsidiaries, engages in the planning, managing, developing, and selling residential, resort, commercial, agricultural, and industrial real estate properties in the United States. The company operates through three segments: Land Development and Sales; Leasing; and Resort Amenities. The Land Development and Sales segment is involved in the land planning, entitlement, development, and sales activities. The Leasing segment leases commercial, agricultural, and industrial land and properties; and licenses its registered trademarks and trade names, as well as provides stewardship and conservation services. This segment also manages ditches, reservoirs, and well systems that provide potable and non-potable water to West and Upcountry Maui areas. The Resort Amenities segment manages the operations of the Kapalua Club, a private non-equity club that provides its members special programs, access, and other privileges at certain amenities at the Kapalua Resort. Maui Land & Pineapple Company, Inc. was incorporated in 1909 and is based in Lahaina, Hawaii.

How this company scores

AverageMetricSide Score: 52/100

Strongest: Profitability (17/25); weakest: Cash & Earnings Quality (6/25).

Profitability17/25

Growth12/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality6/25

Strengths

Long cash runwayLow leverageProfit converts from growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 0.0x5y range 0.0x – 3065.6x

Currently below its 5-quarter median.

P/S · 20.5x5y range 0.0x – 38.3x

Currently near its 20-quarter median.

P/B · 10.7x5y range 0.0x – 13.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $331.50M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $16.15M
Q. Revenue: $3.70M
TTM EBITDA: $-4.78M
TTM Op. Income: $-5.87M
Q. Op. Income: $-1.80M
TTM Net Income: $-4.63M
Q. Net Income: $-1.63M
EPS: $-0.08
Shares Out.: $20.35M

$16.15M in TTM revenue declined 4.1% YoY, reaching $3.70M last quarter. TTM EBITDA of $-4.78M and TTM operating income of $-5.87M show growth is flowing through to the bottom line. However, net income is negative at $4.63M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: -41.6%
Op. Margin: -48.6%
Net Margin: -44.0%

Op. margin of -48.6% is down 33.1% YoY — costs are rising relative to revenue. Net margin at -44.0% Over the past year, operating margin is down 214% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 20.5x
P/B Ratio: 10.7x

P/S of 20.5x and P/B of 10.7x. P/S is high, meaning growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $49.63M
Cash: $3.28M
Long-Term Debt: $190,000
Book Value: $31.06M
D/E Ratio: 0.0
Debt/EBITDA: N/A

With $49.63M in assets and $190,000 in long-term debt, D/E is 0.0and book value is $31.06M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 12% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-418,000
TTM Free Cash Flow: $-99,000
FCF Margin: -0.6%
FCF / Net Income: 0.0

TTM FCF of $-99,000 on $-418,000 in operating cash flow. The FCF / Net Income ratio of 0.0x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 97% — an improving trend.