Malibu Boats, Inc. (MBUU): A Bull Case Theory

We came across a bullish thesis on Malibu Boats, Inc. (NASDAQ:MBUU) on Substack by Fundamental Goob. In this article, we will summarize the bulls’ thesis on MBUU. Malibu Boats, Inc. (NASDAQ:MBUU)'s share was trading at $37.43 as of Dec 20^th. MBUU’s trailing and forward P/E were 7.34 and 15.43 respectively according to Yahoo Finance.

[caption id="attachment_1224887" align="aligncenter" width="768"] A colorful fleet of recreational fiberglass powerboats in full sail.[/caption]

Malibu Boats, Inc. (NASDAQ:MBUU) is a leading player in the wakeboat market, with its core "Malibu"...