Forensic Analysis · Industrials / Manufacturing / Defense · as of Jun 28, 2026
MasterCraft Boat Holdings, Inc. (MCFT)
A forensic read on MasterCraft Boat Holdings, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
B · Sound & dependable
Forensic grade
Safe
Financial health
5.9
Altman Z-score
Clean
Earnings quality
2
Forensic signals
55.9
P / E (ttm)
5.9%
ROE
$414M
Market cap
MasterCraft Boat Holdings, Inc. earns a B (Sound & dependable) forensic quality grade, and its Altman Z-score is 5.9, placing it in the Safe zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
5%Return on invested capital.Return on invested capital is 5% and slipping from 52% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
$74MGoodwill impairments.Took $74M of goodwill writedowns across 3 year(s) (FY2019 ($28M), FY2020 ($44M), FY2022 ($1M)) — about 38% of net income over the span. A large writedown means an acquisition turned out worth far less than was paid — a real mark against M&A discipline.
Key fundamentals
Net Margin2.5%
Debt / Equity0.00x
Free Cash Flow$26.4M
Latest Revenue$284.2M
Return on Equity3.8%
Revenue Growth YoY-11.8%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on MasterCraft Boat Holdings, Inc.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about MCFT's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown