MARINEMAX INC (HZO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HZO - US5679081084 - Common Stock
24.375 USD
-0.41 (-1.67%)
Overall HZO gets a fundamental rating of 3 out of 10. We evaluated HZO against 123 industry peers in the Specialty Retail industry. Both the profitability and financial health of HZO have multiple concerns. HZO is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
HZO had positive earnings in the past year.
In the past year HZO had a positive cash flow from operations.
HZO had positive earnings in 4 of the past 5 years.
In multiple years HZO reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of HZO (-1.28%) is comparable to the rest of the industry.
HZO has a Return On Equity (-3.38%) which is comparable to the rest of the industry.
HZO has a Return On Invested Capital (3.34%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HZO is significantly below the industry average of 12.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.28% | ||
| ROE | -3.38% | ||
| ROIC | 3.34% |
ROA(3y)1.56%
ROA(5y)6.94%
ROE(3y)4.15%
ROE(5y)12.76%
ROIC(3y)4.73%
ROIC(5y)10.19%
1.3 Margins
With a decent Operating Margin value of 4.46%, HZO is doing good in the industry, outperforming 63.41% of the companies in the same industry.
In the last couple of years the Operating Margin of HZO has declined.
HZO has a Gross Margin of 32.49%. This is in the lower half of the industry: HZO underperforms 61.79% of its industry peers.
HZO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.46% | ||
| PM (TTM) | N/A | ||
| GM | 32.49% |
OM growth 3Y-27.03%
OM growth 5Y-9.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.37%
GM growth 5Y4.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HZO is destroying value.
Compared to 1 year ago, HZO has less shares outstanding
Compared to 5 years ago, HZO has about the same amount of shares outstanding.
The debt/assets ratio for HZO is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.80, we must say that HZO is in the distress zone and has some risk of bankruptcy.
HZO has a Altman-Z score (1.80) which is in line with its industry peers.
The Debt to FCF ratio of HZO is 92.74, which is on the high side as it means it would take HZO, 92.74 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 92.74, HZO is in line with its industry, outperforming 43.09% of the companies in the same industry.
HZO has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of HZO (1.14) is worse than 60.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 92.74 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.39
WACC8.55%
2.3 Liquidity
HZO has a Current Ratio of 1.20. This is a normal value and indicates that HZO is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.20, HZO is doing worse than 61.79% of the companies in the same industry.
A Quick Ratio of 0.32 indicates that HZO may have some problems paying its short term obligations.
HZO has a worse Quick ratio (0.32) than 71.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
HZO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -59.91%.
The earnings per share for HZO have been decreasing by -24.26% on average. This is quite bad
The Revenue has decreased by -5.01% in the past year.
HZO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.87% yearly.
EPS 1Y (TTM)-59.91%
EPS 3Y-54.22%
EPS 5Y-24.26%
EPS Q2Q%-116.67%
Revenue 1Y (TTM)-5.01%
Revenue growth 3Y0.02%
Revenue growth 5Y8.87%
Sales Q2Q%-1.95%
3.2 Future
Based on estimates for the next years, HZO will show a very strong growth in Earnings Per Share. The EPS will grow by 50.07% on average per year.
Based on estimates for the next years, HZO will show a small growth in Revenue. The Revenue will grow by 3.37% on average per year.
EPS Next Y11.02%
EPS Next 2Y37.13%
EPS Next 3Y50.07%
EPS Next 5YN/A
Revenue Next Year2.03%
Revenue Next 2Y3.02%
Revenue Next 3Y3.37%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HZO is valuated quite expensively with a Price/Earnings ratio of 28.68.
Compared to the rest of the industry, the Price/Earnings ratio of HZO indicates a somewhat cheap valuation: HZO is cheaper than 60.16% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.59. HZO is around the same levels.
The Price/Forward Earnings ratio is 25.83, which means the current valuation is very expensive for HZO.
The rest of the industry has a similar Price/Forward Earnings ratio as HZO.
HZO's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.68 | ||
| Fwd PE | 25.83 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HZO is valued cheaper than 89.43% of the companies in the same industry.
HZO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.64 | ||
| EV/EBITDA | 5.01 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HZO does not grow enough to justify the current Price/Earnings ratio.
HZO's earnings are expected to grow with 50.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.6
PEG (5Y)N/A
EPS Next 2Y37.13%
EPS Next 3Y50.07%
5. Dividend
5.1 Amount
No dividends for HZO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NYSE:HZO (12/26/2025, 1:04:01 PM)
24.375
-0.41 (-1.67%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners97.92%
Inst Owner Change3.77%
Ins Owners2.85%
Ins Owner Change9.65%
Market Cap533.08M
Revenue(TTM)2.31B
Net Income(TTM)-31.63M
Analysts81.54
Price TargetN/A
Short Float %22.51%
Short Ratio12.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.75%
Min EPS beat(2)-59.12%
Max EPS beat(2)68.62%
EPS beat(4)3
Avg EPS beat(4)70.61%
Min EPS beat(4)-59.12%
Max EPS beat(4)189.48%
EPS beat(8)4
Avg EPS beat(8)16.56%
EPS beat(12)5
Avg EPS beat(12)7.14%
EPS beat(16)9
Avg EPS beat(16)12.31%
Revenue beat(2)1
Avg Revenue beat(2)-4.93%
Min Revenue beat(2)-12.47%
Max Revenue beat(2)2.61%
Revenue beat(4)2
Avg Revenue beat(4)-1.55%
Min Revenue beat(4)-12.47%
Max Revenue beat(4)8.06%
Revenue beat(8)4
Avg Revenue beat(8)-1.17%
Revenue beat(12)6
Avg Revenue beat(12)0.01%
Revenue beat(16)9
Avg Revenue beat(16)0.51%
PT rev (1m)-6.09%
PT rev (3m)-8.35%
EPS NQ rev (1m)-231.47%
EPS NQ rev (3m)-134.17%
EPS NY rev (1m)-50.56%
EPS NY rev (3m)-49.62%
Revenue NQ rev (1m)-2.1%
Revenue NQ rev (3m)-2.98%
Revenue NY rev (1m)-1.75%
Revenue NY rev (3m)-1.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.68 | ||
| Fwd PE | 25.83 | ||
| P/S | 0.23 | ||
| P/FCF | 44.64 | ||
| P/OCF | 7.32 | ||
| P/B | 0.57 | ||
| P/tB | 1.42 | ||
| EV/EBITDA | 5.01 |
EPS(TTM)0.85
EY3.49%
EPS(NY)0.94
Fwd EY3.87%
FCF(TTM)0.55
FCFY2.24%
OCF(TTM)3.33
OCFY13.66%
SpS105.59
BVpS42.85
TBVpS17.14
PEG (NY)2.6
PEG (5Y)N/A
Graham Number28.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.28% | ||
| ROE | -3.38% | ||
| ROCE | 6.94% | ||
| ROIC | 3.34% | ||
| ROICexc | 3.62% | ||
| ROICexgc | 5% | ||
| OM | 4.46% | ||
| PM (TTM) | N/A | ||
| GM | 32.49% | ||
| FCFM | 0.52% |
ROA(3y)1.56%
ROA(5y)6.94%
ROE(3y)4.15%
ROE(5y)12.76%
ROIC(3y)4.73%
ROIC(5y)10.19%
ROICexc(3y)5.21%
ROICexc(5y)12.96%
ROICexgc(3y)7.5%
ROICexgc(5y)19.19%
ROCE(3y)9.35%
ROCE(5y)16.79%
ROICexgc growth 3Y-45.93%
ROICexgc growth 5Y-23.4%
ROICexc growth 3Y-45.55%
ROICexc growth 5Y-25.45%
OM growth 3Y-27.03%
OM growth 5Y-9.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.37%
GM growth 5Y4.23%
F-Score5
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 92.74 | ||
| Debt/EBITDA | 7.03 | ||
| Cap/Depr | 123.41% | ||
| Cap/Sales | 2.64% | ||
| Interest Coverage | 1.33 | ||
| Cash Conversion | 47.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 1.8 |
F-Score5
WACC8.55%
ROIC/WACC0.39
Cap/Depr(3y)139.54%
Cap/Depr(5y)177.5%
Cap/Sales(3y)2.62%
Cap/Sales(5y)2.33%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-59.91%
EPS 3Y-54.22%
EPS 5Y-24.26%
EPS Q2Q%-116.67%
EPS Next Y11.02%
EPS Next 2Y37.13%
EPS Next 3Y50.07%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.01%
Revenue growth 3Y0.02%
Revenue growth 5Y8.87%
Sales Q2Q%-1.95%
Revenue Next Year2.03%
Revenue Next 2Y3.02%
Revenue Next 3Y3.37%
Revenue Next 5YN/A
EBIT growth 1Y-19.62%
EBIT growth 3Y-27.02%
EBIT growth 5Y-1%
EBIT Next Year26.38%
EBIT Next 3Y19.63%
EBIT Next 5YN/A
FCF growth 1Y113.87%
FCF growth 3Y-12.94%
FCF growth 5Y-47.23%
OCF growth 1Y383.73%
OCF growth 3Y-1.68%
OCF growth 5Y-24.9%
MARINEMAX INC / HZO FAQ
Can you provide the ChartMill fundamental rating for MARINEMAX INC?
ChartMill assigns a fundamental rating of 3 / 10 to HZO.
Can you provide the valuation status for MARINEMAX INC?
ChartMill assigns a valuation rating of 4 / 10 to MARINEMAX INC (HZO). This can be considered as Fairly Valued.
Can you provide the profitability details for MARINEMAX INC?
MARINEMAX INC (HZO) has a profitability rating of 3 / 10.
What is the expected EPS growth for MARINEMAX INC (HZO) stock?
The Earnings per Share (EPS) of MARINEMAX INC (HZO) is expected to grow by 11.02% in the next year.